Latest news with #RogerSchrum
Yahoo
23-04-2025
- Business
- Yahoo
Sonoco Named to USA TODAY America's Climate Leaders 2025 List
HARTSVILLE, S.C., April 22, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a global leader in high-value sustainable packaging, has been named to USA TODAY's list of America's Climate Leaders 2025. This prestigious award is presented by USA TODAY and Statista, the world-leading statistics portal and industry ranking provider. The list was announced on April 22, 2025, and can be viewed on 'A continued focus for Sonoco is our commitment to promote accountability and transparency in our sustainability and corporate responsibility programs,' said Howard Coker, president and CEO. 'Our simplified portfolio of more sustainable metal and fiber packaging further enhances our commitment to serve as a valued partner to our customers in reducing the environment impacts of their packaging.' The America's Climate Leaders of 2025 award is based on a two-step process. First is the application and research phase. Companies could be included on the list by applying online or by having the necessary data publicly available. To be considered for the award, a company must meet the following criteria: The company is headquartered in the USA. The company had revenue of at least $50 million in 2023. Independent emission reporting with data on Scope 1 and Scope 2 for the years 2021 to 2023. In case a CDP rating is available, the score had to be at least C. Broader environmental record (e.g. no oil exploration, non-GHG pollution, or deforestation). The second step is the data analysis and scoring phase. For all companies meeting the inclusion criteria, the year-over-year reduction in emissions intensity (compound annual reduction rate) was calculated. Statista publishes hundreds of worldwide industry rankings and company listings with high-profile media partners. This research and analysis service is based on the success of the leading data and business intelligence portal that provides statistics, relevant business data, and various market and consumer studies and surveys. About Sonoco Founded in 1899, Sonoco (NYSE: SON) is a global leader in value-added, sustainable metal and fiber consumer and industrial packaging. The Company is now a multi-billion-dollar enterprise with approximately 23,400 employees working in 285 operations in 40 countries, serving some of the world's best-known brands. Guided by our purpose of Better Packaging. Better Life., we strive to foster a culture of innovation, collaboration and excellence to provide solutions that better serve all our stakeholders and support a more sustainable future. Sonoco was proudly named one of America's Most Trustworthy and Responsible Companies by Newsweek in 2025. For more information on the Company, visit our website at Contact: Roger Schrum 843-339 6018
Yahoo
13-02-2025
- Business
- Yahoo
Sonoco Declares Regular Quarterly Common Stock Dividend
HARTSVILLE, S.C., Feb. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.52 per share quarterly common stock dividend. This dividend will be paid on March 10, 2025, to shareholders of record as of February 26, 2025. According to Howard Coker, President and Chief Executive Officer, this is the 399th consecutive quarter and 99th year dating back to 1925, that the Company has paid dividends to shareholders, and is the 41st consecutive year the Company has increased its annualized dividend. Based on the closing price of Sonoco's common stock on February 11, 2024, the Company's dividend provides an approximate 4.4 percent yield, which is more than double the dividend yield of the S&P 500 Index. About Sonoco Sonoco (NYSE: SON) is a global leader in high-value, sustainable packaging that serves some of the world's best-known brands. Our portfolio is composed of leading products that serve large, attractive end markets for metal and fiber consumer and industrial packaging. Guided by our purpose of Better Packaging. Better Life™, we foster a culture of innovation, collaboration, and excellence to provide solutions that better serve all our stakeholders and support a sustainable future. With net sales of approximately $6.8 billion in 2023, Sonoco has approximately 22,000 employees working in more than 300 operations around the world. Sonoco was named one of America's Most Responsible Companies by Newsweek. For more information on the Company, visit our website at Contact: Roger Schrum 843-339-6018 Sign in to access your portfolio
