2020 Sustainability Report

arrow blueCommitted to using financial, natural and human resources wisely without compromising the ability of future generations to meet their needs

GRI Content Index

General Standard Disclosures

GRI IndicatorDescriptionLocation
Organizational Profile
GRI 102: General Disclosures 2019102-1 Name of the organizationGreif Inc.
GRI 102: General Disclosures 2019102-2 Activities, brands, products, and servicesProducts, Services, and Markets
2020 Annual Report, Item 1, pp. 10-13
GRI 102: General Disclosures 2019102-3 Location of headquartersDelaware, OH
GRI 102: General Disclosures 2019102-4 Location of operationsCountries of Operation
Global Footprint
GRI 102: General Disclosures 2019102-5 Ownership and legal form2020 Annual Report, Item 1, p. 5
GRI 102: General Disclosures 2019102-6 Markets servedCountries of Operation
Global Footprint
Products, Services, and Markets
GRI 102: General Disclosures 2019102-7 Scale of the organizationOrganizational Overview
2020 Annual Report, p. 8, Item 8, p. 49
GRI 102: General Disclosures 2019102-8 Information on employees and other workersOur Workforce
GRI 102: General Disclosures 2019102-9 Supply chainStakeholder Engagement & Materiality
GRI 102: General Disclosures 2019102-10 Significant changes to the organization and its supply chain2020 Annual Report, pp. 40-41, Note 6, p. 66
GRI 102: General Disclosures 2019102-11 Precautionary Principle or approachAddressing Risk
2021 Proxy Statement, p. 14
GRI 102: General Disclosures 2019102-12 External initiativesAbout Our Report
Governance, Policies & Partnerships
GRI 102: General Disclosures 2019102-13 Memberships of associationsTrade Associations
Strategy
GRI 102: General Disclosures 2019102-14 Statement from senior decision-makerCEO Letter
Ethics and Integrity
GRI 102: General Disclosures 2019102-16 Values, principles, standards, and norms of behaviorGovernance, Policies & Partnerships
Ethics & Compliance
The Greif Way
Governance
GRI 102: General Disclosures 2019102-18 Governance structureGovernance, Policies & Partnerships
2021 Proxy Statement, pp. 14-15
GRI 102: General Disclosures 2019102-20 Executive-level responsibility for economic, environmental, and social topicsGovernance, Policies & Partnerships
GRI 102: General Disclosures 2019102-23 Chair of the highest governance bodyMichael Gasser serves as Chairman of the Board of Directors; Peter Watson serves as President and Chief Executive Officer
Stakeholder Engagement
GRI 102: General Disclosures 2019102-40 List of stakeholder groupsStakeholder Engagement & Materiality
GRI 102: General Disclosures 2019102-41 Collective bargaining agreementsHuman Rights & Fair Labor Practices
Performance Dashboard
Our Workforce
GRI 102: General Disclosures 2019102-42 Identifying and selecting stakeholdersStakeholder Engagement & Materiality
GRI 102: General Disclosures 2019102-43 Approach to stakeholder engagementStakeholder Engagement & Materiality
GRI 102: General Disclosures 2019102-44 Key topics and concerns raisedStakeholder Engagement & Materiality
Reporting Practices
GRI 102: General Disclosures 2019102-45 Entities included in the consolidated financial statementsGreif’s Significant Subsidiaries
2020 Annual Report, Exhibit 21, p. 107
GRI 102: General Disclosures 2019102-46 Defining report content and topic BoundariesStakeholder Engagement & Materiality
GRI 102: General Disclosures 2019102-47 List of material topicsStakeholder Engagement & Materiality
GRI 102: General Disclosures 2019102-48 Restatements of informationPerformance Dashboard
GRI 102: General Disclosures 2019102-49 Changes in reportingReport topics based on 2020 Stakeholder Engagement & Materiality
GRI 102: General Disclosures 2019102-50 Reporting periodAbout Our Report
GRI 102: General Disclosures 2019102-51 Date of most recent report2020 Sustainability Report
GRI 102: General Disclosures 2019102-52 Reporting cycleAnnual
GRI 102: General Disclosures 2019102-53 Contact point for questions regarding the reportAbout Our Report
GRI 102: General Disclosures 2019102-54 Claims of reporting in accordance with the GRI StandardsThis report has been prepared in accordance with the GRI Standards: Core option
GRI 102: General Disclosures 2019102-55 GRI content indexGRI Content Index
GRI 102: General Disclosures 2019102-56 External assuranceEmission data assured through APEX Companies

Specific Standard Disclosures

GRI IndicatorDescriptionLocationOmissions
Economic Topics
Economic Performance
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its Boundary2020 Annual Report
GRI 103: Management Approach 2019103-2 Explain management approach components2020 Annual Report
GRI 103: Management Approach 2019103-3 Evaluate management approachFinancial Performance & Profitable Growth
2020 Annual Report
GRI 201: Economic Performance 2019201-1 Direct economic value generated and distributed2020 Annual Report
GRI 201: Economic Performance 2019201-2 Financial implications and other risks and opportunities due to climate change2020 Annual Report, Item 1A, pp. 17, 24
GRI 201: Economic Performance 2019201-3 Defined benefit plan obligations and other retirement plans2020 Annual Report, Note 10, pp. 79-84
Anti-corruption
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryEthics & Compliance
Anti-Bribery Compliance Policy
Code of Business Conduct and Ethics
Corporate Governance Guidelines
Insider Trading Policy
GRI 103: Management Approach 2019103-2 Explain management approach componentsEthics & Compliance
Anti-Bribery Compliance Policy
Code of Business Conduct and Ethics
Corporate Governance Guidelines
Insider Trading Policy
GRI 103: Management Approach 2019103-3 Evaluate management approachEthics & Compliance
Anti-Bribery Compliance Policy
Code of Business Conduct and Ethics
Corporate Governance Guidelines
Insider Trading Policy
GRI 205: Anti-corruption 2019205-1 Operations assessed for risks related to corruptionEthics & Compliance
Anti-Bribery Compliance Policy
GRI 205: Anti-corruption 2019205-2 Communication and training about anti-corruption policies and proceduresEthics & Compliance
Anti-Bribery Compliance Policy
GRI 205: Anti-corruption 2019205-3 Confirmed incidents of corruption and actions takenGreif is not aware of confirmed incidents of corruption
Anti-competitive Behavior
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryEthics & Compliance
Antitrust/Competition Compliance Policy
GRI 103: Management Approach 2019103-2 Explain management approach componentsEthics & Compliance
Antitrust/Competition Compliance Policy
GRI 103: Management Approach 2019103-3 Evaluate management approachEthics & Compliance
Antitrust/Competition Compliance Policy
GRI 206: Anti-competitive behavior 2019206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practicesZero
Customer Service Excellence
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryCustomer Service Excellence
GRI 103: Management Approach 2019103-2 Explain management approach componentsCustomer Service Excellence
GRI 103: Management Approach 2019103-3 Evaluate management approachCustomer Service Excellence
Customer Satisfaction IndexCustomer Service Excellence
Net Promoter ScoreCustomer Service Excellence
Innovation
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryInnovation
GRI 103: Management Approach 2019103-2 Explain management approach componentsInnovation
GRI 103: Management Approach 2019103-3 Evaluate management approachInnovation
Percentage of revenue from sustainability-tagged products7%
Risk Management & Business Continuity
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryRisk Management & Business Continuity
GRI 103: Management Approach 2019103-2 Explain management approach componentsRisk Management & Business Continuity
GRI 103: Management Approach 2019103-3 Evaluate management approachRisk Management & Business Continuity
Significant business continuity issues in 2020Greif did not experience any business continuity issues that resulted in missed customer orders in 2020.
Environmental Topics
Materials
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryWaste
Innovation
GRI 103: Management Approach 2019103-2 Explain management approach componentsWaste
Innovation
GRI 103: Management Approach 2019103-3 Evaluate management approachWaste
Innovation
GRI 301: Materials 2019301-3 Reclaimed products and their packaging materialsWaste
Performance Dashboard
Energy
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryClimate Strategy
GRI 103: Management Approach 2019103-2 Explain management approach componentsClimate Strategy
GRI 103: Management Approach 2019103-3 Evaluate management approachClimate Strategy
GRI 302: Energy 2019302-1 Energy consumption within the organizationClimate Strategy
Performance Dashboard
GRI 302: Energy 2019302-4 Reduction of energy consumptionClimate Strategy
Performance Dashboard
Water
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryWater
GRI 103: Management Approach 2019103-2 Explain management approach componentsWater
GRI 103: Management Approach 2019103-3 Evaluate management approachWater
GRI 303: Water 2019303-1 Water withdrawal by sourcePerformance Dashboard
GRI 303: Water 2019303-2 Water sources significantly affected by withdrawal of waterPerformance Dashboard
Water
GRI 303: Water 2019303-3 Water recycled and reusedPerformance Dashboard
Biodiversity
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryBiodiversity
GRI 103: Management Approach 2019103-2 Explain management approach componentsBiodiversity
GRI 103: Management Approach 2019103-3 Evaluate management approachBiodiversity
GRI 304: Biodiversity 2019304-3 Habitats protected or restoredBiodiversity
Emissions
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryClimate Strategy
GRI 103: Management Approach 2019103-2 Explain management approach componentsClimate Strategy
GRI 103: Management Approach 2019103-3 Evaluate management approachClimate Strategy
GRI 305: Emissions 2019305-1.2 Explain whether offsets were usedPerformance Dashboard
GRI 305: Emissions 2019305-1 Direct (Scope 1) GHG emissionsClimate Strategy
Performance Dashboard
GRI 305: Emissions 2019305-2 Energy indirect (Scope 2) GHG emissionsClimate Strategy
Performance Dashboard
GRI 305: Emissions 2019305-3 Other indirect (Scope 3) GHG emissionsClimate Strategy
Performance Dashboard
GRI 305: Emissions 2019305-4 GHG emissions intensityClimate Strategy
Performance Dashboard
GRI 305: Emissions 2019305-5 Reduction of GHG emissionsClimate Strategy
Performance Dashboard
Effluents and Waste
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryWater
Waste
GRI 103: Management Approach 2019103-2 Explain management approach componentsWater
Waste
GRI 103: Management Approach 2019103-3 Evaluate management approachWater
Waste
GRI 306: Effluents and Waste 2019306-1 Water discharge by quality and destinationWater
Performance Dashboard
GRI 306: Effluents and Waste 2019306-2 Waste by type and disposal methodWater
Performance Dashboard
GRI 306: Effluents and Waste 2019306-3 Significant spillsPerformance Dashboard
Water
Zero
GRI 306: Effluents and Waste 2019306-5 Water bodies affected by water discharges and/or runoffWater
Performance Dashboard
Environmental Compliance
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryEnvironmental Management Systems
GRI 103: Management Approach 2019103-2 Explain management approach componentsEnvironmental Management Systems
GRI 103: Management Approach 2019103-3 Evaluate management approachEnvironmental Management Systems
GRI 307: Environmental Compliance 2019307-1 Non-compliance with environmental laws and regulationsCradle to Cradle Manufacturing, Reconditioning & Recycling
Container Life Cycle Management
Supply Chain Management
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundarySupply Chain Management
GRI 103: Management Approach 2019103-2 Explain management approach componentsSupply Chain Management
GRI 103: Management Approach 2019103-3 Evaluate management approachSupply Chain Management
Annual EcoVadis scoreGold
Cradle to Cradle Manufacturing, Reconditioning & Recycling
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryCradle to Cradle Manufacturing, Reconditioning & Recycling
GRI 103: Management Approach 2019103-2 Explain management approach componentsCradle to Cradle Manufacturing, Reconditioning & Recycling
GRI 103: Management Approach 2019103-3 Evaluate management approachCradle to Cradle Manufacturing, Reconditioning & Recycling
Drums and IBCs ReconditionedPerformance Dashboard
Waste
Social Topics
Employment
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryTalent Attraction, Development & Retention
GRI 103: Management Approach 2019103-2 Explain management approach componentsTalent Attraction, Development & Retention
GRI 103: Management Approach 2019103-3 Evaluate management approachTalent Attraction, Development & Retention
GRI 401: Employment 2019401-1 New employee hires and employee turnoverTalent Attraction, Development & Retention
Performance Dashboard
GRI 401: Employment 2019401-3 Parental leaveTalent Attraction, Development & Retention
Occupational Health and Safety
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryHealth & Safety
GRI 103: Management Approach 2019103-2 Explain management approach componentsHealth & Safety
GRI 103: Management Approach 2019103-3 Evaluate management approachHealth & Safety
GRI 403: Occupational Health and Safety 2019403-1 Workers representation in formal joint management–worker health and safety committeesHealth & Safety
GRI 403: Occupational Health and Safety 2019403-2 Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalitiesHealth & Safety
Performance Dashboard
GRI 403: Occupational Health and Safety 2019403-4 Health and safety topics covered in formal agreements with trade unionsHealth & Safety
Training and Education
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryTalent Attraction, Development & Retention
GRI 103: Management Approach 2019103-2 Explain management approach componentsTalent Attraction, Development & Retention
GRI 103: Management Approach 2019103-3 Evaluate management approachTalent Attraction, Development & Retention
GRI 404: Training and Education 2019404-1 Average hours of training per year per employeeTalent Attraction, Development & Retention
Performance Dashboard
GRI 404: Training and Education 2019404-2 Programs for upgrading employee skills and transition assistance programsTalent Attraction, Development & Retention
Outplacement support may be provided when appropriate to support career endings and facility closures, determined by local management discretion.
GRI 404: Training and Education 2019404-3 Percentage of employees receiving regular performance and career development reviewsTalent Attraction, Development & Retention
Diversity and Equal Opportunity
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryDiversity, Equity & Inclusion
Equal Employment Opportunity and Diversity Policy
GRI 103: Management Approach 2019103-2 Explain management approach componentsDiversity, Equity & Inclusion
Equal Employment Opportunity and Diversity Policy
GRI 103: Management Approach 2019103-3 Evaluate management approachDiversity, Equity & Inclusion
Equal Employment Opportunity and Diversity Policy
GRI 405: Diversity and Equal Opportunity 2019405-2 Ratio of basic salary and remuneration of women to menPerformance Dashboard
Non-discrimination
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryHuman Rights & Fair Labor Practices
Equal Employment Opportunity and Diversity Policy
GRI 103: Management Approach 2019103-2 Explain management approach componentsHuman Rights & Fair Labor Practices
Equal Employment Opportunity and Diversity Policy
GRI 103: Management Approach 2019103-3 Evaluate management approachHuman Rights & Fair Labor Practices
Equal Employment Opportunity and Diversity Policy
GRI 406: Non-discrimination 2019406-1 Incidents of discrimination and corrective actions takenNo incidents reported
Freedom of Association and Collective Bargaining
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryHuman Rights & Fair Labor Practices
Human Rights Policy
GRI 103: Management Approach 2019103-2 Explain management approach componentsHuman Rights & Fair Labor Practices
Human Rights Policy
GRI 103: Management Approach 2019103-3 Evaluate management approachHuman Rights & Fair Labor Practices
Human Rights Policy
GRI 407: Freedom of Association and Collection 2019407-1 Operations and suppliers in which the right to freedom of association and collective bargaining may be at riskHuman Rights & Fair Labor Practices
Child Labor
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryHuman Rights & Fair Labor Practices
Child Labor Policy
GRI 103: Management Approach 2019103-2 Explain management approach componentsHuman Rights & Fair Labor Practices
Child Labor Policy
GRI 103: Management Approach 2019103-3 Evaluate management approachHuman Rights & Fair Labor Practices
Child Labor Policy
GRI 408: Child Labor 2019408-1 Operations and suppliers at significant risk for incidents of child laborNo significant risks have been identified
Forced or Compulsory Labor
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryHuman Rights & Fair Labor Practices
Human Rights Policy
GRI 103: Management Approach 2019103-2 Explain management approach componentsHuman Rights & Fair Labor Practices
Human Rights Policy
GRI 103: Management Approach 2019103-3 Evaluate management approachHuman Rights & Fair Labor Practices
Human Rights Policy
GRI 409: Forced of Compulsory Labor 2019409-1 Operations and suppliers at significant risk for incidents of forced or compulsory laborNo significant risks have been identified
Human Rights Assessment
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryHuman Rights & Fair Labor Practices
Human Rights Policy
GRI 103: Management Approach 2019103-2 Explain management approach componentsHuman Rights & Fair Labor Practices
Human Rights Policy
GRI 103: Management Approach 2019103-3 Evaluate management approachHuman Rights & Fair Labor Practices
Human Rights Policy
GRI: 412: Human Rights Assessment 2019412-2 Employee training on human rights policies or proceduresEthics & Compliance
Customer Health and Safety
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundaryProduct Quality
GRI 103: Management Approach 2019103-2 Explain management approach componentsProduct Quality
GRI 103: Management Approach 2019103-3 Evaluate management approachProduct Quality
GRI 416: Customer Health and Safety 2019416-2 Incidents of non-compliance concerning the health and safety impacts of products and servicesProduct Quality
Performance Dashboard
Customer Privacy
GRI 103: Management Approach 2019103-1 Explanation of the material topic and its BoundarySecurity
2020 Annual Report, p. 21
GRI 103: Management Approach 2019103-2 Explain management approach componentsSecurity
2020 Annual Report, p. 21
GRI 103: Management Approach 2019103-3 Evaluate management approachSecurity
2020 Annual Report, p. 21
GRI 418: Customer Privacy 2019418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer dataSecurity

A-

Greif’s 2020 CDP Score

Demonstrating excellence in carbon management, governance, strategy and best practices, and outperforming the overall and North American average CDP score of D.

0.62

Lost Workday Case Rate

Down 52 percent since 2011.

67

Net Promoter Score

We realized continued improvement in our NPS score, achieving our highest score ever in 2020.

DEFINITION