Buckeye Technologies Inc. (NYSE:BKI) today announced that it had been named in the top 20% of publicly held companies headquartered in the Southeast on their Corporate Sustainability policies and practices.
The first annual Southeastern Corporate Sustainability Rankings, announced in May of this year by GreenBusiness Works and its partners, rated 280 companies on their environmental, social and governance (ESG) factors and policies. These rankings were compiled by KLD Research & Analytics Inc., which was also instrumental in naming Newsweek’s Green 500 ratings.
John Crowe, Chairman and CEO, expressed appreciation for this recognition. “In April of 2009, we published our inaugural Sustainability Report, emphasizing sustainable business practices throughout our operations worldwide and detailing our focus on reducing fossil fuels, water, solid waste, and air emissions. Our latest report will be released in early September and we are proud of the measurable progress we have so rapidly made. It is rewarding to receive the acknowledgement of our efforts by the top quintile placement in these rankings.”
As a result of being ranked among the top 20 percent, Buckeye was also invited to attend the group’s first C-Suite and Sustainability Breakfast session conducted August 24. This session, and those that will follow, provide an ongoing forum for senior executives to gain fresh insights and share ideas which will increase the pace of sustainable developments.
For more information about Buckeye Technologies and its sustainability efforts, and for a downloadable copy of the 2008 Sustainability Report, please visit our website at www.bkitech.com.
Buckeye, a leading manufacturer and marketer of specialty fibers and nonwoven materials, is headquartered in Memphis, Tennessee, USA. The Company currently operates facilities in the United States, Germany, Canada, and Brazil. Its products are sold worldwide to makers of consumer and industrial goods.
Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting the Company’s operations, financing, markets, products, services and prices, and other factors. For further information on factors which could impact the Company and the statements contained herein, please refer to public filings with the Securities and Exchange Commission.
Steve Dean, 901-320-8352
Senior Vice President and Chief Financial Officer
Daryn Abercrombie, 901-320-8908