by Daniel Webster, dWeb.News Publisher
CRYSTAL LAKE, Ill.–(BUSINESS WIRE)–AptarGroup, Inc. (NYSE: ATR), a global leader in drug delivery, consumer product dispensing and active material solutions, announced today that it has been ranked #1 on Forbes’ Green Growth 50 2021 inaugural list. As part of the Green Growth 50, Forbes is highlighting large American corporations that have managed to cut their greenhouse gas emissions, while simultaneously growing earnings.
“We are honored to be recognized with the #1 spot on the Green Growth 50 list by Forbes. This is a huge recognition of our efforts to drive earnings growth as well as become a more sustainable and diverse company that is committed to a circular economy. Aptar’s President & CEO Stephan B. Tanda said that these efforts are what help grow the business. “We look at everything we do through a sustainability lens because our patients, customers and consumers are actively seeking more sustainable solutions.”
Tanda is featured in the Forbes article Green Growth 50: Learning from Companies Boosting Profits While Cutting Emissions, which highlights the company’s progress toward Landfill Free certification through its internal grassroots program started by employees. By year-end, Aptar aims to have more than 60% of its manufacturing facilities certified internally as Landfill Free. The article also highlights Aptar’s fully recyclable, mono-material lotion pump, Future.
Aptar’s Vice-President, Global Sustainability, Beth Holland explained that “We have made great strides in reducing our environmental footprint and increasing the use renewable energy. We are part of the plastics sector so we pay attention to the pillars: recyclability, reusability resin conversion, and sustainable design. Much of this work is aligned to that of experts and partners, such as the Ellen MacArthur Foundation and the Science Based Targets Initiative, who have a vision to innovate products and supply chains in an environmentally conscious way while also reducing emissions.”
To create the Green Growth 50 list, Forbes partnered with Sustainalytics, a division of Morningstar, to review American public companies according to their emissions reductions. The search was limited to companies with more than 100,000 annual tons of emissions and market cap greater than $5 billion. Using data from FactSet Research Systems, Forbes also looked at profitability and companies who had increased profits since 2017, mostly measured by cash flow or EBITDA, but in some cases, net income.
For a full list of the Green Growth 50 and full explanation of the methodology, please visit the Forbes site.
AptarGroup, Inc., is a global leader in the design and manufacturing of a broad range of drug delivery, consumer product dispensing and active material solutions. Aptar’s innovative services and solutions are available to a wide range of markets, including the pharmaceutical, beauty, personal, home, food, and beverage industries. Aptar uses science, engineering, and insights to create protective packaging, dispensing, and dosing technologies for many of the top brands in the world. This makes a significant impact on the lives, appearances, health, and homes of millions. Aptar is headquartered in Crystal Lake, Illinois and has 13,000 dedicated employees in 20 countries. For more information, visit www.aptar.com.
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