MEMPHIS, Tenn., Jan. 19, 2018 /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 fifteen times in the last sixteen 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; and effectiveness in doing business globally.
"Our mission is to improve people's lives, the planet and our company's performance by transforming renewable resources into products people depend on every day," said Mark Sutton, chairman and chief executive officer. "I want to thank our 52,000 global team members for achieving this well-deserved recognition by ensuring that our businesses are safe, successful and sustainable."
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 and Russia. We produce corrugated packaging products that protect and promote goods, and enable world-wide 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 2016 were $21 billion. For more information about International Paper, our products and global citizenship efforts, please visit internationalpaper.com.
SOURCE International Paper
Media: Thomas J. Ryan, 901-419-4333; Investors: Guillermo Gutierrez, 901-419-1731 and Michele Vargas, 901-419-7287