RICHMOND, Va.--(EON: Enhanced Online News)--MeadWestvaco Corporation (NYSE: MWV), a global leader in packaging and packaging solutions today released its 2012 Corporate Responsibility Report. The report provides a comprehensive look at MWV’s global operations and considers the economic, environmental and social impacts of its business.
“Whether it’s responsible sourcing, sustainable forest management, efficient operations or employee wellness, we strive to assure our actions today will have a positive impact on future generations.”
“Sustainability requires a long-term view,” said John A. Luke, Jr., chairman and chief executive officer of MWV. “Whether it’s responsible sourcing, sustainable forest management, efficient operations or employee wellness, we strive to assure our actions today will have a positive impact on future generations.”
The 2012 report highlights MWV’s new sustainable packaging products, projects to reduce the environmental impact of its global facilities, employee wellness programs, and community investments and philanthropy, as well as awards and acknowledgments from customers and organizations, including being named to the Dow Jones Sustainability Index every year since 2004.
The report also includes a scorecard measuring MWV’s progress toward sustainability targets established in 2012, with an emphasis on plans in the coming years to improve energy efficiency, reduce carbon emissions and water use, increase the use of certified fiber, and reuse waste. The report and scorecard are inclusive of all MWV locations, divisions, subsidiaries, facilities and joint ventures.
Additional highlights outlined in the 2012 Corporate Responsibility Report include:
- 4 percent decrease in carbon emissions since 2010
- 5 percent decrease in water usage since 2010
- Half of MWV’s global manufacturing facilities are now zero-waste, with landfill diversion rates of 95 percent or greater
- 21 percent increase in spending with qualified minority-owned suppliers since 2011
- More than $9 million in charitable and community investments made and 46,000 volunteer hours worked by MWV employees in 2012
To view the full Corporate Responsibility Report, please visit www.mwv.com/ResponsibilityReport.
MeadWestvaco Corporation (NYSE:MWV) is a global packaging company providing innovative solutions to the world’s most admired brands in the healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and agricultural industries. The company also produces specialty chemicals for the automotive, energy, and infrastructure industries and maximizes the value of its land holdings through forestry operations, property development and land sales. MWV’s network of 125 facilities and 16,000 employees spans North America, South America, Europe and Asia. The company has been recognized for financial performance and environmental stewardship with a place on the Dow Jones Sustainability World Index every year since 2004. Learn more at www.mwv.com.