Brown-Forman Named Top Beverage Alcohol Company In Newsweek Magazine U.S. Green Awards
07 Jun 2016 --- Brown-Forman (NYSE:BFA)(NYSE:BFB) claimed the top spot as the “greenest” beverage alcohol company among U.S. publicly traded companies in the Newsweek Green Rankings, one of the foremost corporate environmental rankings index. Brown-Forman increased its ranking 17 spots, to 52 from 69 and was named among the top three of all beverage companies in the U.S., following Coca-Cola Enterprises Inc. and Keurig Green Mountain.
The Newsweek Green Rankings evaluate the United States’ largest publicly-traded companies using eight metrics that provide a transparent measurement of overall corporate environmental performance. The 2016 “green score” of each company was based on these components: energy, greenhouse gases, water, waste, green revenue score, sustainability pay link, sustainability board committee, and an audited metrics score.
“Environmental sustainability supports Brown-Forman’s vision of enduring forever,” said Alex Alvarez, Senior Vice President, Chief Production Officer, Brown-Forman. “Our environmental performance creates opportunities for cost savings, efficiency, and innovation in our production operations.”
“We are pleased to have been recognized by Newsweek for our ongoing efforts and progress,” said Rob Frederick, Vice President, Director, Corporate Responsibility, Brown-Forman. “This rating is the result of our collective company commitment to sustainability.”
In 2014 the company set new, more aggressive environmental sustainability goals focused on reducing our greenhouse gas emissions, sending zero waste to landfill, and increasing the efficiency of water use and wastewater discharges. These goals support our ambitions to be a sustainability leader within our industry as we explore new approaches and technologies, collaborate with our partners, and invest resources to meet these ambitions.
For more than 145 years, Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel’s Tennessee Whiskey, Jack Daniel’s & Cola, Jack Daniel’s Tennessee Honey, Gentleman Jack, Jack Daniel’s Single Barrel, Finlandia, Korbel, el Jimador, Woodford Reserve, Canadian Mist, Herradura, New Mix, Sonoma-Cutrer, Early Times, and Chambord. Brown-Forman’s brands are supported by nearly 4,600 employees and sold in approximately 160 countries worldwide.
