Avery Dennison Announces Responsible Paper Procurement Policy

Avery Dennison Announces Responsible Paper Procurement Policy

PASADENA, Calif.--(BUSINESS WIRE)-- Avery Dennison Corporation (NYS: AVY) announced today that it has formalized a company-wide policy to promote responsible paper sourcing and procurement. The policy will be available in the Reports and Downloads section of the company's sustainability website.

"As a leader in labeling and packaging materials and solutions, we recognize that we have a responsibility to help our customers and our industry become more sustainable," said Dean Scarborough, Avery Dennison chairman, president and CEO. "Our policy will guide us in sourcing materials responsibly, using them more efficiently in our operations, and developing greener products from them."


Developed with the support of non-governmental organization Rainforest Alliance, Avery Dennison's policy commits the company and its businesses to:

  • Identify and disclose the sources of the pulp, natural fiber and paper in its labeling and packaging materials and solutions
  • Help ensure that its suppliers follow sustainable forest management practices
  • Evaluate and reward sound environmental performance on the part of its supply chain partners
  • Seek to maximize its use of recycled content and fiber sourced from Forest Stewardship Council-certified forestry operations
  • Work to avoid controversial fiber sources

Avery Dennison is working with external certification experts, including Rainforest Alliance, to assess the potential risk to the company's supply chain of illegal timber or irresponsibly harvested fiber and develop systems and procedures for documenting, verifying and reporting supplier performance.

"We will review our policy and commitments on a regular basis to ensure they reflect the state of the industry and are based on the best available scientific evidence," Scarborough said. "Our goal is to help minimize the environmental and social impacts of our sourcing decisions across the entire paper lifecycle."

Avery Dennison materials and solutions that provide sustainable advantages include a new portfolio of Forest Stewardship Council (FSC)-certified paper label materials; a portfolio of labeling products containing 10 to 100 percent post-consumer waste; and a wide range of apparel labels and packaging made from recycled and recyclable papers. In addition, 49 of Avery Dennison's facilities have attained FSC chain-of-custody certification. Only FSC CoC-certified operations are allowed to label products with the FSC trademarks.

About Avery Dennison

Avery Dennison (NYS: AVY) is a global leader in labeling and packaging materials and solutions. The company's applications and technologies are an integral part of products used in every major market and industry. With operations in more than 50 countries and 30,000 employees worldwide, Avery Dennison serves customers with insights and innovations that help make brands more inspiring and the world more intelligent. Headquartered in Pasadena, California, the company reported sales from continuing operations of $6 billion in 2012. Learn more at www.averydennison.com.



Avery Dennison
Media:
David Frail (626) 304-2014
david.frail@averydennison.com
or
Investor Relations:
Eric M. Leeds (626) 304-2029
investorcom@averydennison.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

The article Avery Dennison Announces Responsible Paper Procurement Policy originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Investment Strategies

What's your investing game plan?

View Course »

What is Short Selling?

Make a profit when stocks prices fall.

View Course »

Add a Comment

*0 / 3000 Character Maximum