Charlotte-based Sealed Air recognized for sustainability efforts

Charlotte-based Sealed Air said this week it has received national recognition for its efforts to reduce greenhouse gas emissions and mitigate the risks of potential climate change.

According to a 2015 climate change report from global environmental disclosure system CDP, the Bubble Wrap maker has been named to the Climate Performance Leadership Index (CPLI) A List and also earned a spot in CDP’s S&P 500 Climate Disclosure Leadership Index (CDLI) for the second year in a row.

“Our sustainability strategy is centered on greenhouse gas reductions, reducing operating costs and risk, and generating value through solutions that reduce waste, conserve energy and water, and optimize the use of raw materials for our customers,” Jerome Peribere, Sealed Air’s president and chief executive officer, said in a statement this week.

This year, about 2,000 companies reported to the CDP climate questionnaire, which scores companies based on their performance (which measures their level of action on climate change) and disclosure (which measures the completeness and quality of their response.)

Companies that received a performance score greater than 85 got a place on CDP’s A List. Also on the list this year are Charlotte-based Bank of America; Microsoft, which employs about 1,100 in Charlotte; and Simon Property Group, the Indianapolis-based company that owns SouthPark mall, Charlotte Premium Outlets and Concord Mills.

CDP disclosure scores are provided to investors to help them assess corporate preparedness for changing market demands, current and future emissions regulations, and current and future risks associated with climate change, according to the statement.

Companies that score in the top 10 percent for CDP Disclosure scores are given spots on the CDLI.

Sealed Air is a Fortune 500 company that broke ground on its Charlotte headquarters in the LakePoint Corporate Center in June. By the time the company finishes moving into its new corporate offices in 2017, it expects to have a workforce of 1,262, with local hires comprising about half.

This story was originally published November 17, 2015 at 8:10 AM with the headline "Charlotte-based Sealed Air recognized for sustainability efforts."