Sealed Air Named Green Giving Corporation by Matthew:25 Ministries for Second Year in a Row
Charlotte, NC, January 11, 2016 – For the second year in a row, Sealed Air Corporation (NYSE: SEE), has been named a Green Giving Corporation by Matthew 25: Ministries, a top-ranked international humanitarian aid and disaster relief organization headquartered in Cincinnati, OH. This designation represents the pinnacle of responsible corporate environmental stewardship through the Green Giving program. Sealed Air and other corporations work throughout the year with Matthew 25: Ministries to rescue, recycle, reuse and repurpose millions of pounds of excess products, saving these products from the landfill, protecting our environment and helping millions of people throughout the US and worldwide each year.
Commercial and industrial waste is a significant portion of solid waste. American industrial facilities generate and dispose of approximately 7.6 billion tons of industrial solid waste each year, according to the EPA. Reducing, reusing, recycling and repurposing excess products can have an enormous impact on our environment. Through partnership with companies like Sealed Air, Matthew 25: Ministries rescues and reuses approximately 15,000,000 pounds of these corporate excess products each year.
Corporate donations are evaluated, categorized and processed at Matthew 25: Ministries’ 170,000 square foot facility in Cincinnati, OH. The products are then redistributed to partner organizations in the Greater Cincinnati community, throughout the US and around the world. Responsibly recycled products from generous corporate donors like Sealed Air impacted the lives of more than 20,000,000 people in 2015.
Matthew 25: Ministries has developed the Green Giving Guidelines as a way of acknowledging these product donors for their exceptional level of corporate and environmental responsibility. Corporate donors like Sealed Air that meet the standards of the Green Giving Guidelines have demonstrated an extraordinary level of environmental stewardship. Corporate donors receive a display certificate and the opportunity to display the Green Giving Seal.
The Green Giving Guidelines include the following standards:
- Donate product multiple times per year to Matthew 25: Ministries.
- Donate a significant amount of product based on company size, location and/or capacity.
- Demonstrate an overall commitment towards minimizing corporate waste.
- Demonstrate outstanding corporate citizenship by repurposing corporate excess for humanitarian work.
The Green Giving Guidelines are designed to encourage corporate environmental responsibility, values and attitudes; acknowledge participating corporations’ willingness to act responsibly and applaud the enormous impact their actions have on the environment and on people in need.
About Matthew: 25 Ministries
Matthew 25: Ministries rescues and reuses approximately 15,000,000 pounds of corporate discontinues, misprints, overruns, off-spec, slightly damaged, returned and past season products a year and redistributes them to people in desperate need throughout the US and worldwide. Each year, Matthew 25: Ministries impacts the lives of more than 16,000,000 individuals throughout the United States and around the world. More than 99% of Matthew 25: Ministries’ cash and in-kind donations go toward programs. Matthew 25 is highly ranked on Forbes' list of the Most Efficient Large Charities in the US. Matthew 25 is also highly ranked among more than 2,500 four star charities on Charity Navigator. Matthew 25: Ministries appears in The "Philanthropy 400" listing of America's Top Charities and is accredited by the Better Business Bureau through the "Wise Giving Alliance Standards". For more information, visit www.m25m.org.
About Sealed Air
Sealed Air Corporation creates a world that feels, tastes and works better. In 2015, the Company generated revenue of approximately $7.0 billion by helping our customers achieve their sustainability goals in the face of today’s biggest social and environmental challenges. Our portfolio of widely recognized brands, including Cryovac® brand food packaging solutions, Bubble Wrap® brand cushioning and Diversey® cleaning and hygiene solutions, enables a safer and less wasteful food supply chain, protects valuable goods shipped around the world, and improves health through clean environments. Sealed Air has approximately 23,000 employees who serve customers in 169 countries. To learn more, visit www.sealedair.com.
Investor Relations: Media:
Lori Chaitman Meredith Rigdon