Campbell Soup Company Named to the Global 100 Most Sustainable Corporations in the World
Campbell Soup Company (NYSE:CPB) has been named to the Global 100
Most Sustainable Corporations in the World in a ranking by Corporate
Knights, a media and investment research company. Campbell is one of ten
U.S. companies, and the only U.S. food and beverage company, to make the
Global 100. The Global 100 drew companies from 22 countries on six
continents and inclusion in the top 100 puts the company in the top 2.5
percent of the 4000 evaluated.
"The Global 100 recognizes how Campbell integrates corporate
responsibility into business strategy,” said Dave Stangis, Campbell's
Vice President, Public Affairs and Corporate Responsibility. “We
continue to strengthen our long-term commitment to creating value for
our business and society as a sustainable and socially responsible
company.”
Corporate Knights ranks the Global 100 using a two-step
methodology, selecting companies on information such as sustainability
disclosure practices, financial health and product types, then scoring
them by sector-specific key performance indicators primarily related to
energy, water, waste metrics and community engagement. Key Campbell
initiatives include:
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Sustainability investments across Campbell’s plant network over the
past four years that have yielded savings of more than $42.5 million.
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A reduction in water use by more than 3 billion gallons, and energy
savings resulting in the elimination of more than 280,000 metric
tonnes of greenhouse gas emissions, since 2009, resulting in ongoing
annual savings of more than $2.5 million.
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The construction of a 60 acre, 10 mega-watt solar field at Campbell’s
largest manufacturing site where 24,000 sun-tracking panels generate
15 percent of the electricity to operate the plant, and a partnership
to create a biogas power plant at the same site to generate renewable
electricity from waste generated from product production.
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The redesign of plastic product packaging that saved more than 1.2
million pounds of plastic in fiscal 2012.
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The distribution of more than $40 million in product donations
globally and sales of $3.9 billion of products with improved nutrient
profiles.
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The start of a 10 year, $10 million Campbell Healthy Communities
program to reduce the rate of childhood obesity and hunger, and the
donation of more than 23,000 volunteer hours in the U.S. and Canada to
support local Campbell communities.
Campbell’s Corporate Social Responsibility (CSR) strategies are intended
to make positive impacts in four key areas: Our Consumers, Our Planet,
Our Employees and Our Community. To learn more visit www.campbellsoupcompany.com/csr.
For full Global 100 rankings and other details, please see: http://www.global100.org
or www.corporateknights.com/global100.
About Campbell Soup Company
Campbell Soup Company is a manufacturer and marketer of high-quality
foods and simple meals, including soup and sauces, baked snacks and
healthy beverages. Founded in 1869, the company has a portfolio of
market-leading brands, including "Campbell's," "Pepperidge Farm,"
"Arnott's," "V8" and "Bolthouse Farms." Through its corporate social
responsibility program, the company strives to make a positive impact in
the workplace, in the marketplace and in the communities in which it
operates. Campbell is a member of the Standard & Poor's 500 and the Dow
Jones Sustainability Indexes. For more information, visit www.campbellsoup.com.