Greif Earns Further Recognition for Corporate Social Responsibility

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Greif, Inc. (NYSE: GEF, GEF.B) announced the receipt of two prestigious awards recognizing its commitment to sustainability and corporate social responsibility. The company achieved an 'A-' rating for climate change from CDP, placing it in the 'Leadership' category. Additionally, Greif was named one of America's Most Responsible Companies by Newsweek for the fourth consecutive year. These accolades highlight Greif's dedication to reducing greenhouse gas emissions and managing environmental risks while adhering to best practices.

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• Achieved 'A-' rating in climate change from CDP, indicating leadership in environmental practices.
• Recognized as one of America's Most Responsible Companies by Newsweek for four consecutive years.

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• None.

Two additional awards reflect Greif's leadership and commitment to being a sustainable, equitable, and inclusive company.

DELAWARE, Ohio, Dec. 21, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it has received two additional awards recognizing the company's leadership and continued commitment to corporate social responsibility.

Greif was recognized with an "A-" rating in climate change by CDP - a non-profit organization that runs the global disclosure system for entities to manage their environmental impact. The rating places Greif in the "Leadership" category and reflects the company's efforts to reduce greenhouse gas emissions and effectively manage its climate risks and opportunities.

A detailed and independent methodology was used by CDP to assess nearly 20,000 companies that disclosed environmental data in 2022. Scores of "A" to "D-" were awarded based on the comprehensiveness of the data disclosed, awareness and management of environmental risks, and use of best practices associated with environmental leadership. 

In addition, Newsweek recognized Greif as one of America's Most Responsible Companies for the fourth year in a row. Companies were selected based on their environmental, social, and corporate governance performance found in publicly available corporate social responsibility (CSR) reports, sustainability reports, as well as the results from a third-party independent survey.

"We are honored to receive these recognitions," said Ole Rosgaard, President and Chief Executive Officer of Greif. "Our work to operate more responsibly and sustainably ensures we are doing the right thing for our colleagues, our customers, our planet, and our shareholders."

For more information on Greif's commitment to sustainability and CSR initiatives including the company's recently announced 2030 Sustainability Targets, visit greif.com/sustainability.

About Greif, Inc. 

Greif is a global leader in industrial packaging products and services and is pursuing its vision: be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides filling, packaging, and other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company is strategically positioned in over 35 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com. 

Investor Contact: 

Matt Leahy 
740-549-6158 
matthew.leahy@greif.com 

Media Contact:

TJ Struhs 
207-956-2304 
tj.struhs@greif.com 

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SOURCE Greif, Inc.

FAQ

What awards did Greif receive in December 2022?

In December 2022, Greif received an 'A-' rating for climate change from CDP and was recognized by Newsweek as one of America's Most Responsible Companies for the fourth year in a row.

What does the 'A-' rating from CDP signify for Greif?

The 'A-' rating from CDP signifies that Greif is in the 'Leadership' category for its climate change efforts, reflecting its effective management of environmental impacts.

How many years has Greif been recognized as one of America's Most Responsible Companies?

Greif has been recognized as one of America's Most Responsible Companies for four consecutive years.

What is Greif's stock symbol?

Greif's stock symbols are GEF and GEF.B.