McCormick & Company Ranked Among Top 10 On Newsweek's 2014 Green Rankings List For Companies In The United States
SPARKS, Md., June 16, 2014 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, was recognized by Newsweek's 2014 Green Rankings as a top U.S. company for overall corporate sustainability and environmental performance.
McCormick has made great progress in these areas. Among 500 U.S. companies ranked, McCormick is the only food company featured in the top 10, coming in at #6. Newsweek also issued a top score for its "Reputation" metric, meaning that the company has not been mentioned in media stories relating to environmental issues.
"For 125 years, McCormick has demonstrated a passion for operating as a responsible corporate citizen throughout our supply chain, from sourcing to manufacturing and distribution," said Alan Wilson, Chairman, President and CEO. "Today, environmental stewardship is a business imperative and McCormick aligns our corporate responsibility efforts with our business objectives to grow business globally, while driving positive change within our communities and for our employees." Although McCormick is proud of its accomplishments thus far, there are still opportunities for continued improvement.
McCormick shared its ongoing commitment to sustainability and social responsibility in its 2013 Corporate Social Responsibility (CSR) review, "Sharing Our Passion for Flavor." With the review, McCormick showcases the company's CSR programs around the world, while also highlighting local achievements such as attaining "net zero status." Aggressive energy conservation measures along with the 2011 installation of a solar power system at the distribution center in Belcamp, MD led to a surplus of electricity over a one year period. The review also formalizes the company's CSR strategy and sets future objectives and expectations. Further progress is underway and the CSR review contains the company's 2018 goals.
The Newsweek ranking, completed in partnership with Corporate Knights Capital, a media, research and financial products company, evaluated the 500 largest publicly traded companies in the United States on key performance indicators that include energy, water, waste, carbon and reputation.
McCormick, a $4 billion global flavor leader, is celebrating its 125th anniversary this year, marked by a year-long story sharing initiative that not only unites its family of brands around the world but also helps their local communities. All are invited to share their own unique stories at FlavorofTogether.com and with #flavorstory – for every story shared, McCormick will donate $1, up to$1.25 million, to United Way to help feed those in need globally.
About McCormick
McCormick & Company, Incorporated is a global leader in flavor with more than $4 billion in annual sales. McCormick manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry – retail outlets, food manufacturers and foodservice businesses – in more than 125 countries and territories. Since Willoughby M. McCormick founded the company selling root beer extract in 1889, McCormick has demonstrated a strong commitment to the communities in which it operates and the planet as a whole. Innovation in flavor and a clear focus on employee engagement and product quality has allowed McCormick to grow its business globally and become the flavor leader it is today. For more information, visit www.mccormickcorporation.com.
