Graham Packaging Recognized as a 2022 Top Rated Company - Industry Today - Leader in Manufacturing & Industry News

Industry’s Media Platform of Choice
Champion Your Brand in Front of Decision Makers and Extend Your Reach Get Featured in the SPOTLIGHT

 

February 10, 2023 Graham Packaging Recognized as a 2022 Top Rated Company

Sustainable packaging company receives a low-risk profile for environmental, social and governance impact from Morningstar Sustainalytics.

Lancaster, Pa — Graham Packaging was ranked in the top 2% of the more than 15,600 global companies assessed by Sustainalytics in its latest Environmental, Social and Governance (ESG) Rating. The company also received second in its containers and packaging industry category and second in its subindustry of metal and glass packaging.

In addition, Graham Packaging has been recognized as a Morningstar Sustainalytics ESG Industry Top Rated company in 2022, as well as an ESG Regional Top Rated Company.

“We are very pleased with our strong ESG Risk Rating, which demonstrates our commitment to building a sustainable future,” said Bob Pyle, president and chief executive officer of Graham Packaging. “Being a top-rated ESG company validates our sustainability efforts to our major stakeholders, including our customers, shareholder and employees. Graham is proud to be a people, planet and values-based company that is dedicated to creating a better tomorrow.”

Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks. This multi-dimensional way of measuring ESG risk combines the concepts of management and exposure to arrive at an assessment of ESG risk that is comparable across all industries. Sustainalytics’ ESG Risk Ratings distinguish between five levels of risk: negligible, low, medium, high and severe, with a lower score equating to a better risk assessment. Graham Packaging received a low-risk rating of 10.3.

“Our ESG Risk Rating shows Graham’s commitment to finding new ways to support our people and our planet,” said Tracee Auld, chief strategy and sustainability officer at Graham. “We continue to make progress on many of our goals, refining our approach and renewing our commitment to true environmental, social and ethical responsibility.”

“Graham has worked hard to look at the full value chain,” added Richa Desai, vice president of sustainability. “From aligning with the science of climate change, to improving traceability and transparency and ensuring a diverse and inclusive work environment – we are championing initiatives that will help us build a more sustainable future.”

In addition to its low-ESG-Risk Rating, Graham Packaging also received high scores for its risk management, which was double the industry average. This reflects how well Graham manages its relevant ESG issues and assesses the robustness of our sustainability programs, practices and policies.

To learn more about Graham Packaging’s sustainability efforts, please visit https://www.grahampackaging.com/sustainability.

About Graham Packaging
Founded in 1970, Graham Packaging is a global leader in the development and design of creative, sustainable packaging solutions for a variety of industry-leading consumer brands. The company employs some of the best and brightest package designers, who bring inspired, technology-driven solutions to market. Headquartered in Lancaster, Pennsylvania, with a flagship manufacturing facility in nearby York, Pennsylvania, Graham Packaging produces more than 16 billion containers annually across nearly 65 plants in North America, Europe and South America. For additional information on Graham Packaging, please visit https://www.grahampackaging.com/.

Copyright © 2023 Morningstar Sustainalytics. All rights reserved. This press release contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third-party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.

 

Subscribe to Industry Today

Read Our Current Issue

Made To Stay: Attracting Gen Z Into Manufacturing

Most Recent EpisodeAn Ambition To Be a Great Leader

Listen Now

A childhood in Kansas, college in California where she met her early mentor, Leigh Lytle spent 15 years in the Federal Reserve Banking System and is now the 1st woman President & CEO of the Equipment Leasing & Finance Association. Join us to hear about her ambition to be a great leader.