Campbell Soup Company (NYSE:CPB) was ranked among the top 100 companies in the Maplecroft Climate Innovation Indexes (CII), designating it for the first time as a "Leader" among the best performing companies in Maplecroft's report covering the year 2011. Campbell raised its index score to 96 over 2010, when the company index ranking was 112.
Companies that are included in the Maplecroft Leader index have been selected from among 360 surveyed U.S. companies based upon superior management, mitigation and adaptation in the field of climate innovation. In 2010, Campbell continued to make progress in reducing its environmental footprint. This included the construction of a 60-acre, 10-MW solar field at the company’s Napoleon, Ohio production facility, which now provides 15% of the plant’s electricity requirements.
“Campbell is committed to making continued progress in the areas of environmental stewardship, risk management and innovation,” said David White, Senior Vice President-Global Supply Chain. “Achieving a Top 100 level ranking in the Maplecroft Climate Innovation Index demonstrates that Campbell employees across our plant network are embracing sustainability as a way to drive innovation, efficiency and cost reduction.”
Maplecroft evaluated each company against more than 100 criteria, including: technological innovation and new working practices to combat climate change impacts; management of climate-related issues; adaption to physical climate-related risks, such as flooding or more extreme weather events throughout the supply chain; and, the reduction of GHG emissions.
Campbell addresses sustainability and corporate social responsibility as an important component of the company’s cultural framework. The company’s Corporate Social Responsibility (CSR) strategies are intended to make positive impacts in four key areas: Our Consumers, Our Planet, Our Employees and Our Community. To learn more visit www.campbellsoupcompany.com/csr
About Campbell Soup Company
Campbell Soup Company is a global manufacturer and marketer of high-quality foods and simple meals, including soup and sauces, baked snacks and healthy beverages. Founded in 1869, the company has a portfolio of market-leading brands, including “Campbell’s,” “Pepperidge Farm,” “Arnott’s” and “V8.” Through its corporate social responsibility program, the company strives to make a positive impact in the workplace, in the marketplace and in the communities in which it operates. Campbell is a member of the Standard & Poor's 500 and the Dow Jones Sustainability Indexes. For more information, visit www.campbellsoup.com.