Company Ranks Best-in-Class in Containers & Packaging Industry
RICHMOND, VA (September 8, 2008)-In recognition of its economic, environmental and social performance, MeadWestvaco Corp. (MWV) today announced that it has been selected as a member of the 2008/09 Dow Jones Sustainability World Index (DJSI World). The global packaging leader is included on the prestigious Index for the fifth consecutive year based on its success integrating environmental sustainability and social values into core business objectives and economic performance.
MWV also ranked best-in-class in the Containers & Packaging industry group for the fourth straight year, demonstrating outstanding leadership in criteria such as risk and crisis management, sustainable fiber and pulp, and corporate citizenship and philanthropy. “MWV’s ongoing commitment to environmental stewardship and social responsibility continues to influence the innovative products and processes that make our business and our communities more sustainable,” said John A. Luke, Jr., chairman and chief executive officer of MWV. “Earning a place on the increasingly competitive Dow Jones Sustainability World Index demonstrates that we are creating value for our stakeholders while enhancing our reputation as a sustainability leader.” Launched in 1999, the Dow Jones Sustainability Indexes are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. The DJSI World comprises the leading companies in terms of sustainability around the world. It captures the top 10 percent based on long-term economic, environmental and social criteria out of the biggest 2,500 companies worldwide. To learn more about MWV’s stewardship and sustainability programs, please visit www.mwv.com <http://www.mwv.com>.
About MWV
MeadWestvaco Corporation (NYSE: MWV), provides packaging solutions to many of the world’s mostadmired brands in the healthcare, personal and beauty care, food, beverage, media and entertainment, and home and garden industries. The company's businesses include Consumer & Office Products, Specialty Chemicals, and the Community Development and Land Management Group, which sustainably
manages the company’s land holdings to support its operations, and to provide for conservation, recreation and development opportunities. With 23,000 employees worldwide, MWV operates in 30 countries and serves customers in more than 100 nations. MWV manages all of its forestlands in accordance with internationally recognized forest certification standards, and has been named to the Dow
Jones Sustainability World Index for the fifth consecutive year. For more information, please visit
www.mwv.com.