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In its annual recognition of the world’s leading companies in the areas of economic, environmental and social performance, the Dow Jones Sustainability World Index (DJSI World) today announced MeadWestvaco Corporation is a member of the prestigious index for the sixth consecutive year. Companies are required to submit extensive data and materials that demonstrate their commitment to and success in integrating environmental sustainability and social values into core business objectives and economic performance.
MWV also ranked best-in-class in the Containers & Packaging industry group for the fifth year, demonstrating outstanding leadership among its peers. The company received particularly high marks for its advancements in the areas of climate strategy, eco-efficient operations and social reporting.
“Sustainable business practices are not an option for MWV – they are the only way we do business,” said John A. Luke Jr., chairman and chief executive officer of MWV. “The recognition we receive through our membership to the DJSI World helps assure our stakeholders of our commitment to environmental stewardship, and social and economic responsibility. For MWV, the annual recognition it is not only a reminder of the success and progress we’ve made in these areas, but it serves as a guide for us each year to ensure we continue to raise the bar and set new standards for ourselves.”
Launched in 1999, the Dow Jones Sustainability Indexes are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. The DJSI World comprises the leading companies in terms of sustainability around the world. It captures the top 10 percent based on long-term economic, environmental and social criteria out of the biggest 2,500 companies worldwide.
MeadWestvaco Corporation provides packaging solutions to many of the world’s most-admired brands in the healthcare, beauty and personal care, food, beverage, media and entertainment, home and garden, tobacco, and commercial print industries. The company's businesses also include Consumer & Office Products, Specialty Chemicals, and the Community Development and Land Management Group, which sustainably manages the company’s land holdings to support its operations, and to provide for conservation, recreation and development opportunities. With 21,000 employees worldwide, MWV operates in 30 countries and serves customers in more than 100 nations. MWV manages all of its forestlands in accordance with internationally recognized forest certification standards, and has been named to the Dow Jones Sustainability World Index for the sixth consecutive year.