Sonoco, one of the largest global diversified packaging companies, has been selected for Fortune’s World’s Most Admired Companies in the packaging sector, and named first in its industry. Among industry peers, Sonoco ranked first in nearly every category – including Innovation, Use of Corporate Assets, Social Responsibility, Financial Soundness, Long-term Investment Value, Quality of Products/Services and Global Competitiveness.
“We are honored to lead the packaging sector this year on Fortune’s Most Admired list,” said Jack Sanders, Sonoco president and CEO. “At Sonoco, we’re guided by the principle of Better Packaging. Better Life. Our goal is to improve the lives of all our stakeholders – including our customers, the consumers who use our packaging, our shareholders and our employees – through innovative packaging and a solid long-term growth strategy.”
Fortune’s World’s Most Admired Companies list is the definitive report card on corporate reputations. Executives, directors and analysts rate companies in their own industry on nine criteria, from investment value to social responsibility. A company’s score must rank in the top half of its industry survey to be listed.
Founded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging and packaging supply chain services. With annualized net sales of approximately $5 billion, the Company has 20,000 employees working in more than 300 facilities in 33 countries, serving many of the world’s best known brands in some 85 nations. For more information on the Company, visit our website at www.sonoco.com.