This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Avery Dennison's Sustainability Report For 2011-2012 Charts The Company's Progress And New Opportunities For Further Improvement. (Photo: Business Wire)

Avery Dennison Corporation (NYSE: AVY), a global leader in labeling and packaging materials and solutions, today published its new sustainability report on its website at www.averydennison.com/en/home/sustainability.html.

Avery Dennison's sustainability report for 2011-2012 charts the company's progress and new opportuni ...

Avery Dennison's sustainability report for 2011-2012 charts the company's progress and new opportunities for further improvement. (Photo: Business Wire)

The report, titled Our Pursuit: More Innovative, More Sustainable, adheres to Global Reporting Initiative guidelines and details the company’s progress in 2011 and 2012 toward its goals for environmental, social and financial sustainability.

As the report demonstrates, Avery Dennison is working with a wide range of its stakeholders to develop products and processes that help not only the company but also its customers, suppliers and other stakeholders reduce their environmental footprints, achieve socially responsible employment practices, and participate as a global corporate citizen in communities worldwide.

“Our vision is to help make brands more inspiring and the world more intelligent -- and to do so in ways that enhance the world we live in,” said Dean Scarborough, Avery Dennison chairman, president and CEO. “We’re making good progress toward our goals, but as we improve, we’re also discovering how much more we can contribute.”

Among the company’s results for 2011-2012:

  • Avery Dennison now diverts 80 percent of its manufacturing waste from landfills, with 68 percent of diverted waste recycled and 16 percent converted to fuel.
  • Modified product development processes helped the company meet customer requirements regarding restricted substances, human rights and product certifications as well as reduce environmental impact.
  • The company implemented a responsible paper sourcing policy, and in 2013 launched a new portfolio of label materials that use Forest Stewardship Council (FSC)-certified paper.
  • Worldwide workplace safety results continued to be far better than the U.S. general manufacturing average. Two-thirds of company-owned and -operated facilities were injury-free during 2011 and 2012.
  • The company participated in 160 customer audits of manufacturing facilities in 2011 and 2012, with the average number of findings per audit declining by nearly two-thirds from 2010.
  • The Avery Dennison Foundation more than tripled its investment in emerging markets between 2010 and 2012, donating a total of $2.2 million.

Scarborough noted that the company plans to set new long-term targets that will include goals for the sourcing and composition of its main materials – paper and petroleum-based resins and chemicals – in addition to higher goals for energy, greenhouse gas emissions, waste and workplace safety.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs