Camden, New Jersey-based Campbell Soup Co. has been named to the Global 100 Most Sustainable Corporations in the World list by Corporate Knights, a media, research and financial products company, for the third year in a row. Campbell is one of 20 U.S. companies included in the Global 100. The Global 100 drew companies from 22 countries on five continents, and inclusion in the top 100 puts Campbell in the top 2.2 percent of the 4,609 companies evaluated.
“Campbell’s corporate responsibility and sustainability strategies are integrated into every aspect of our business and culture,” said Dave Stangis, Campbell’s VP of public affairs and corporate responsibility. “Having our performance and disclosure recognized by the Global 100 for a third consecutive year is evidence that Campbell employees continue to make progress in our commitment to being good stewards, as well as advancing our performance.”
Corporate Knights ranks the Global 100 against 12 quantitative key performance indicators that run the gamut from energy and water use, to employee compensation and corporate tax strategy as well as sector-specific key performance indicators related to efficient use of energy and water, waste metrics and workplace safety.
Over the past four years, Campbell’s capital investments in energy and water conservation have yielded a cumulative savings of more than $60 million. Additional environmental stewardship achievements include saving more than one billion gallons of water annually since 2009, a cumulative savings of more than five billion gallons; saving approximately one million fewer mmbtus of energy each year, a cumulative savings of more than 410,000 metric tonnes of carbon dioxide; reducing greenhouse gas emissions by 13.3 percent per tonne of food produced over four years; initiating projects to extend renewable energy use from a few kilowatts to more than 12 megawatts; and saving more than 4.2 million pounds of packaging through light-weighting and package redesign in fiscal 2013.
Campbell’s corporate responsibility and sustainability strategies are designed to deliver measurable impacts in four key areas the company refers to as “Our Consumers, Our Planet, Our Employees and Our Community.”