Sustainalytics Recognizes O-I as a Top-Rated ESG Performer CSRwire.comSustainalytics Recognizes O-I as a Top-Rated ESG Performer CSRwire.com
Impact Investing Forum 2023
London. Dec 05-06, 2023.
Published 9 hours ago
Submitted by O-I Glass, Inc.
Our diligent work building a sustainable future is being recognized by a global ESG rating agency. Sustainalytics is recognizing O-I Glass as a 2021 Regional Top-Rated Performer. The ESG rating agency analyzes the Environmental, Social and Governance performance of more than 4,000 companies across its network.
In 2021, we refreshed our sustainability strategy to better represent our ambitious sustainability goals. Our goals are purposefully ambitious because that’s what drives innovation and transformation. At O-I, we love glass for its sustainability credentials – it’s 100% recyclable and infinitely recyclable. But we also recognize being sustainable is about more than what we make – it’s about how we make it.
To enable our teams to progress toward the goals, we elevated sustainability to c-suite and built a network across our global footprint to further coordinate our sustainability vision. Our number 1 priority is to lower-carbon glass manufacturing, and we are doing that by creating efficiencies in our melting and refining processes through gas-oxy furnaces, innovative reuse of furnace waste heat, and more efficient electrically powered equipment.
We are committed to increasing recycled content – even getting creative to keep recycled glass in the manufacturing stream and out of landfills. In late-2021, we launched our first Glass4Good programs in two U.S. plants; the programs entice communities to recycle their glass with the added incentive of a donation from the O-I Charities Foundation to community programs. We actively work with partners and customers alike to support community recycling programs, like Pittsburgh’s pop-up glass recycling program to a summer recycling program with Corona and the Glass Recycling Foundation at Chicago-area bars.
O-I Glass, Inc.
O-I Glass, Inc.
At O-I Glass, Inc. (NYSE: OI), we love glass and we’re proud to be one of the leading producers of glass bottles and jars around the globe. Glass is not only beautiful, it’s also pure and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of more than 25,000 people across 72 plants in 20 countries, O-I achieved revenues of $6.1 billion in 2020.
More from O-I Glass, Inc.