McCormick & Company’s dedication to sustainability and emphasis on what’s right for the long-term vitality of people, communities and the planet while delivering top-tier financial results, has earned the company a top spot in a recent ranking.
McCormick’s, a global flavor and spice manufacturer, was named the 13th most sustainable corporation and No. 1 in the food products industry on the 2019 Global 100 Sustainability Index released recently at the World Economic Forum by Corporate Knights. The company advanced 10 spots from the 2018 rankings and retained the top position among its peers in food.
The company continues to make progress on its commitments to source their ingredients sustainably, improve the resilience and map the contributions of small farmers, especially women, and reduce the company’s environmental impact by lowering its carbon footprint and reducing solid waste.
Last year, McCormick made a bold public commitment to 100% plastic packaging that can be reused, recycled or repurposed by 2025. The company has furthered its plastics focus by joining The New Plastics Economy Global Commitment, led by the Ellen MacArthur Foundation. The commitment, signed by companies representing 20% of all plastic packaging produced globally, aims to create a circular economy for plastics, ultimately eliminating plastic pollution at the source.
Also in 2018, the spice seller announced it will open its new global headquarters in Hunt Valley, Md., bringing together 1,000 employees previously located across four different office buildings in one building that is designed to be LEED Gold certified.
The Global 100 Index is recognized as a leader in transparency and industry best practices for sustainability. The companies named are among the top overall sustainability performers in their respective industries. Corporate Knights assesses all publicly-listed companies with a gross minimum revenue of $1B (FY2018) to create the annual ranking. The Global 100 Index is determined by using 21 key performance indicators, including resource management, employee management, financial management, clean revenue and supplier performance.