STOCK TITAN

Campbell Named One of the World’s Most Sustainable Corporations

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Campbell Soup Company (NYSE:CPB) has been recognized as one of the 100 Most Sustainable Corporations in the World by Corporate Knights, ranking 89th overall. This accolade highlights Campbell's commitment to sustainability, with strong performance in areas such as clean revenue and employee safety. The company generated nearly $8.5 billion in net sales in fiscal 2021 and continues to emphasize transparency and corporate responsibility, being included in multiple sustainability indices.

Positive
  • Ranked 89th among the 100 Most Sustainable Corporations globally.
  • Strong performance in clean revenue and employee safety metrics.
  • Total net sales of nearly $8.5 billion in fiscal 2021.
Negative
  • None.

Corporate Knights Global 100 recognizes sustainability leadership and transparency

CAMDEN, N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE:CPB) today was named as one of the 100 Most Sustainable Corporations in the World by Corporate Knights, a media and research company that produces rankings and financial product ratings based on corporate sustainability performance. Ranked number 89, Campbell is one of 23 U.S. companies, and one of only two U.S. food companies, included in the Global 100.

“At Campbell, we are committed to building a more sustainable and resilient food system,” said Stewart Lindsay, Campbell’s Vice President, Corporate Responsibility and Sustainability. “This recognition is a testament to our more than 14,000 employees and the care they show each day for one another and for our customers, consumers, communities and the planet.”

The ranking of corporate sustainability performance is based on “clean revenue” (the percentage of a company’s total revenue derived from products and services that are categorized as “clean” according to Corporate Knights) in addition to resource, employee and financial management, and supplier performance. Corporate Knights analyzed 6,914 companies with more than $1 billion (USD) in revenues to create the list.

Campbell performed particularly well in the areas of clean revenue, employee safety, employee benefits and executive and board diversity.

Campbell has long been recognized as a leader in transparency and corporate responsibility. Earlier this month, the company was named one of America’s Most JUST Companies by JUST Capital and CNBC. In 2021, Campbell was named one of America’s Most Responsible Companies by Newsweek, one of America’s Best Employers for Diversity by Forbes and a Champion of Board Diversity by the Forum of Executive Women. Campbell is also included on multiple indices including the FTSE4Good Index, the Bloomberg Gender-Equality Index and the MSCI Index Series.

To learn more about Campbell’s environmental, social and governance (ESG) strategy, goals and progress, visit campbellsoupcompany.com/our-impact/.

About Campbell Soup Company
For more than 150 years, Campbell (NYSE: CPB) has been connecting people through food they love. Generations of consumers have trusted Campbell to provide delicious and affordable food and beverages. Headquartered in Camden, N.J. since 1869, Campbell generated fiscal 2021 net sales of nearly $8.5 billion. Our portfolio includes iconic brands such as Campbell’s, Cape Cod, Goldfish, Kettle Brand, Lance, Late July, Milano, Pace, Pacific Foods, Pepperidge Farm, Prego, Snyder’s of Hanover, Swanson and V8. Campbell has a heritage of giving back and acting as a good steward of the environment. The company is a member of the Standard & Poor's 500 as well as the FTSE4Good and Bloomberg Gender-Equality Indices. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo.

Media Contact:

Amanda Pisano

(856) 342-8590

Amanda_Pisano@campbells.com

Source: Campbell Soup Company

Campbell Soup Company

NASDAQ:CPB

CPB Rankings

CPB Latest News

CPB Stock Data

12.82B
297.62M
35.15%
57.21%
4.58%
Packaged Foods
Food and Kindred Products
Link
United States of America
CAMDEN