EVANSVILLE - Berry Global Group has been named number 35 out of 2,000 public companies on America’s Most Responsible Companies presented by Newsweek and global research firm Statista, Inc.
Berry also secured the number four spot on the list within its respective industry. The list includes the top 500 most responsible companies in the United States across fourteen industry subcategories. Companies were evaluated on their publicly available performance data for the three areas of ESG (environmental, social, and corporate governance).
The list of America’s Most Responsible Companies begins in a pool of the top 2,000 public companies by revenue based in the U.S. and recognizes the holistic view of ESG. For the environmental category, companies were evaluated on key performance indicators (KPI) in areas such as waste, emissions, energy use, water use, environmental engagement, and long-term performance. For the social category, KPIs spanned the dimensions of leadership diversity, employees, philanthropy and engagement, and long-term performance. Lastly, in the governance category, areas of evaluation included disclosure and transparency, economic performance, and long-term performance. In addition, they conducted a survey, asking 11,000 U.S. citizens about their perceptions of the companies related to corporate social responsibility. All elements were weighted to produce a final score.
Berry says it has placed special emphasis on its ESG efforts, leveraging its global capabilities to help customers meet their sustainability goals. In addition, Berry has increased its transparency on relevant ESG topics.
Within this focus on environmental sustainability, Berry has recently announced a goal to achieve 30% circular plastics use by 2030, surpassing its previous goal to use 10% post-consumer recycled (PCR) resin by 2025.
It has also agreed to secure over 600 million pounds of recycled material, including advanced recycled material from leading suppliers (PureCycle, LyondellBasell, Borealis, and Repsol)
Further milestones include securing ISCC PLUS certification for 39 of its global sites while also joining industry organizations such as the Alliance to End Plastic Waste and The Recycling Partnership’s Polypropylene Recycling Coalition and the Film & Flexibles Coalition.
“I am proud of our people who contributed to our debut on this list which includes our customers and peers,” said Berry Chairman and CEO, Tom Salmon. “Our focus on sustainability and corporate responsibility are incorporated into our day-to-day decisions and are fundamental to who we are. This commitment drives us to be better for our customers, employees and communities.”
