International Paper Again Selected to FORTUNE's List of World's Most Admired Companies

News provided by

Jan 22, 2019, 11:06 ET

MEMPHIS, Tenn., Jan. 22, 2019 /PRNewswire/ -- International Paper (NYSE: IP) announced that it has been named again by FORTUNE magazine as one of the "Worlds Most Admired Companies." International Paper has earned this recognition sixteen times in the last seventeen years based on scores achieved in the following categories:

Ability to attract and retain talented people
Quality of management
Social responsibility to the community and the environment
Innovativeness
Quality of products or services
Wise use of corporate assets
Financial soundness
Long-term investment value
Effectiveness in doing business globally

"This recognition reflects the exceptional talent and commitment of International Paper's 52,000 employees around the globe," said Mark Sutton, chairman and chief executive officer. "We work with the world's leading brands to make products that improve peoples' lives and we mobilize our people, products and resources to address critical needs in the communities where our employees live and work. I want to thank our global team members for this well-deserved achievement."

About International Paper
International Paper (NYSE: IP) is a leading global producer of renewable fiber-based packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa, India and Russia. We produce corrugated packaging products that protect and promote goods, and enable worldwide commerce; pulp for diapers, tissue and other personal hygiene products that promote health and wellness and papers that facilitate education and communication. We are headquartered in Memphis, Tenn., and employ approximately 52,000 colleagues located in more than 24 countries. Net sales for 2017 were $22 billion. For more information about International Paper, our products and global citizenship efforts, please visit internationalpaper.com.

SOURCE International Paper