McCormick & Company Ranked World's 14th Most Sustainable Corporation and No. 1 in Food on Corporate Knights 2022 Global 100 Sustainability Index
Jan 19, 2022, 08:00 ET
HUNT VALLEY, Md., Jan. 19, 2022 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today was named the world's 14th most sustainable corporation and No. 1 in the Food Products sector by the Corporate Knights Global 100 Sustainability Index. This year the company retained its top position among its food industry peers.
"On behalf of our 14,000 employees around the world, I am truly honored to make this prestigious list for the sixth consecutive year. This recognition underscores our continued commitment to Purpose-led Performance and doing what's right for People, the Communities where we live, work and source and the Planet we all share," said Lawrence E. Kurzius, Chairman, President and CEO of McCormick & Company. "As a leader in the food and flavor industry, we understand and embrace our role in driving transformational changes that will create a sustainable future for generations to come. In 2021, McCormick was also recognized as a United Nations Global Compact LEAD company and awarded the inaugural Terra Carta Seal from His Royal Highness the Prince of Wales for our industry leadership."
All companies in the Global 100 Sustainability Index are scored on applicable metrics relative to their peers, with 50% of the weight assigned to Clean Revenue and Clean Investment. Nine of the indicators have fixed weights; the rest are assigned weights according to each industry's relative and total impact in relation to the overall economy. After quantitatively analyzing data for 23 key performance indicators, this year's overall scores were converted to letter grades. The ranking is based on a rigorous assessment of 6,914 companies with more than $1 billion in U.S. revenues.
McCormick's Purpose-led Performance report outlines the progress the company is making against its 2025 goals and commitments. To learn more about the journey, please visit our Corporate website.
McCormick & Company, Incorporated is a global leader in flavor. As a Fortune 500 company with over $5 billion in annual sales across 160 countries and territories, we manufacture, market and distribute spices, seasoning mixes, condiments and other flavorful products to the entire food industry including ecommerce channels, grocery, food manufacturers and foodservice businesses. Our most popular brands with trademark registrations include McCormick, French's, Frank's RedHot, Stubb's, OLD BAY, Lawry's, Zatarain's, Ducros, Vahiné, Cholula, Schwartz, Kamis, Kohinoor, DaQiao, Club House, Aeroplane and Gourmet Garden. Every day, no matter where or what you eat or drink, you can enjoy food flavored by McCormick.
Founded in 1889 and headquartered in Hunt Valley, Maryland USA, McCormick is guided by our principles and committed to our Purpose – To Stand Together for the Future of Flavor. McCormick envisions A World United by Flavor where healthy, sustainable and delicious go hand in hand. To learn more, visit www.mccormickcorporation.com or follow McCormick & Company on Twitter, Instagram and LinkedIn.
For information contact:
Lori Robinson - [email protected]
SOURCE McCormick & Company, Incorporated
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