McCormick & Company Ranked 13th Most Sustainable Corporation and No. 1 in Food Products Industry on Corporate Knights 2019 Global 100 Sustainability Index
Jan 22, 2019, 13:28 ET
HUNT VALLEY, Md., Jan. 22, 2019 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, was named the 13th most sustainable corporation and No. 1 in the food products industry on the 2019 Global 100 Sustainability Index released today at the World Economic Forum by Corporate Knights. The company advanced 10 spots from the 2018 rankings and retained the top position among its peers in food.
"This is the highest ranking we have achieved since our debut on the list in 2017 and I'm proud of this recognition of McCormick's continued commitment to global sustainability and transparency," said Lawrence Kurzius, Chairman, President and CEO.
McCormick's dedication to sustainability is articulated in its Purpose-led Performance (PLP) Report, which emphasizes the company's work to do what's right for the long-term vitality of people, communities and the planet while delivering top-tier financial results. The company continues to make progress on its commitments to source their iconic ingredients sustainably, improve the resilience and map the contributions of small farmers, especially women, and reduce the company's environmental impact by lowering its carbon footprint and reducing solid waste.
Last year, McCormick also made a bold public commitment to 100% plastic packaging that can be reused, recycled or repurposed by 2025. The company has furthered its plastics focus by joining The New Plastics Economy Global Commitment, led by the Ellen MacArthur Foundation. The commitment, signed by companies representing 20% of all plastic packaging produced globally, aims to create a circular economy for plastics, ultimately eliminating plastic pollution at the source.
To learn more about McCormick's Purpose-led Performance journey and to view the PLP Report, please visit http://www.mccormickcorporation.com/our-commitment.
The Global 100 Index is recognized as a leader in transparency and industry best practices for sustainability. The companies named are among the top overall sustainability performers in their respective industries. Corporate Knights assesses all publicly-listed companies with a gross minimum revenue of $1B (FY2018) to create the annual ranking. The Global 100 Index is determined by using 21 key performance indicators, including resource management, employee management, financial management, clean revenue and supplier performance.
About McCormick
McCormick & Company, Incorporated is a global leader in flavor. The company manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry – retail outlets, food manufacturers and foodservice businesses. Every day, no matter where or what you eat, you can enjoy food flavored by McCormick. McCormick Brings the Joy of Flavor to Life™.
For more information, visit www.mccormickcorporation.com.
For information contact:
Corporate Communications:
Lori Robinson (410) 527-6004 or [email protected]
SOURCE McCormick & Company, Incorporated