EcoVadis Awards Greif Gold Rating in Supplier CSR Assessment

Greif recognized in the top five percent of all companies evaluated
by EcoVadis for its responsible business practices

DELAWARE, Ohio–(BUSINESS WIRE)–Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging
products and services, today announced that it has been awarded Gold
Recognition Level in sustainability performance by EcoVadis, an
independent rating agency specializing in the evaluation of Corporate
Social Responsibility (CSR), including sustainable development and
performance monitoring of suppliers. This achievement places Greif among
the top five percent of all companies evaluated by EcoVadis.

“We are honored to receive a Gold rating by EcoVadis,” said Ole
Rosgaard, Senior Vice President of Rigid Industrial Packaging and
Services Americas and Global Sustainability. “This reflects the effort,
dedication and enthusiasm of our colleagues throughout the organization
who are working to advance sustainability every day.”

Being serious about sustainability is one of the company’s guiding
principles outlined in The Greif Way. The company expresses its
commitment to using “financial, natural and human resources wisely
without compromising the ability of future generations to meet their
needs.”

“While there is more work to do, we are proud of how far we have come,
and our progress is a true testament to our commitment to creating
shared value through The Greif Way,” said Rosgaard.

Greif reports its corporate responsibility efforts and progress using
the Global Reporting Initiative (GRI) standards and is committed to the
UN Global Compact.

EcoVadis, which evaluates more than 30,000 suppliers every year, uses a
methodology that rates companies according to 21 CSR criteria, grouped
under four themes: Environment, Labor, Fair Business Practices and
Sustainable Procurement. Its methodology and criteria used are in line
with international CSR standards including the Global Reporting
Initiative (GRI), UN Global Compact, and ISO 26000.

About Greif, Inc.

Greif is a global leader in industrial packaging products and services
and is pursuing its vision to become the world’s best performing
customer service company in industrial packaging. The company produces
steel, plastic, fibre, flexible, corrugated, and reconditioned
containers, intermediate bulk containers, containerboard and packaging
accessories, and provides filling, packaging and industrial packaging
reconditioning services for a wide range of industries. Greif also
manages timber properties in the south eastern United States. The
company is strategically positioned in more than 40 countries to serve
global as well as regional customers. Additional information is on the
company's website at www.greif.com.

Contacts

Greif, Inc.
Debra Crow, 740-657-6992
Director, Corporate
Communications
[email protected]