RICHMOND, Va.--(EON: Enhanced Online News)--MeadWestvaco Corp. (NYSE: MWV) today announced it is listed on the 2011 Dow Jones Sustainability World Index (DJSI World) for the eighth consecutive year. The DJSI World recognizes the world’s leading companies in the areas of economic, environmental and social performance, and evaluates organizations based on their commitment to and success in integrating sustainability into core business objectives and performance. In addition to being among the 342 companies listed on the world index, the global packaging company was the only company in its category to be listed on the North American index.
“Recognition on this competitive index of responsible and sustainable companies demonstrates for us, that the small things we do each and every day can have a big impact on our overall performance.”
MWV maintained its best-in-class score in the Social Dimension of the index criteria based on the strength of programs to engage stakeholders in critical projects and establish standards of conduct for all suppliers. The company also has an industry-leading Code of Conduct for employees, and scored above its peers for environmental policies and management systems. These scores demonstrate and support the company’s every day commitment to sustainability. MWV realizes the value and impact of its daily actions and makes responsible decisions to sustain the world by researching renewable materials, building sustainable products and creating work environments that encourage a lighter footprint.
“At MWV, sustainability is embedded into the way we run our business – ensuring that we take actions every day to strengthen our performance and protect our environment and communities,” said John A. Luke, Jr., chairman and chief executive officer of MWV. “As a global leader in packaging serving the world’s most recognized brands, we partner with customers to create valuable solutions that satisfy their needs without sacrificing the needs of future generations.” He added, “Recognition on this competitive index of responsible and sustainable companies demonstrates for us, that the small things we do each and every day can have a big impact on our overall performance.”
Launched in 1999, the Dow Jones Sustainability Indexes are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide, and captures the top 10 percent based on long-term economic, environmental and social criteria.
To learn more about MWV’s stewardship and sustainability initiatives, please visit www.mwv.com.
MeadWestvaco Corporation (NYSE: MWV), provides packaging solutions to many of the world’s most-admired brands in the healthcare, beauty and personal care, food, beverage, home and garden, and tobacco industries. The company's businesses also include Consumer & Office Products, Specialty Chemicals, and the Community Development and Land Management Group, which sustainably manages the company’s land holdings to support its operations, and to provide for conservation, recreation and development opportunities. With 17,500 employees worldwide, MWV operates in 30 countries and serves customers in more than 100 nations. MWV manages all of its forestlands in accordance with internationally recognized forest certification standards, and has been named to the Dow Jones Sustainability World Index for eight consecutive years. For more information, please visit www.mwv.com.