O-I Sustainable Transformation Achieving Key Recognitions

PERRYSBURG, OH / ACCESSWIRE / February 6, 2023 / O-I Glass, Inc. ("O-I Glass" or "O-I") has adopted a holistic, systems-based approach to addressing sustainability. This approach has gained recognition among key ratings, rankings, and certification entities, including an upgrade by EcoVadis, a significant award by Sustainalytics, and inclusion in America's Most Responsible Companies by Newsweek.

• O-I Glass awarded EcoVadis Gold rating
• Sustainalytics awards O-I ESG Regional Top-Rated performer
• Newsweek names O-I among America's Most Responsible Companies 2023

"We are proud of our sustainable advancements and our 24,000 passionate glassmakers that drive our progress each day," said Andres Lopez, Chief Executive Officer for O-I. "As we strive to be the most innovative, sustainable, and chosen supplier of brand-building packaging solutions, we are building a strong, resilient organization designed for the future. These accolades reflect the positive impacts resulting from our commitment to transform how we manufacture glass and advance our overall sustainability."

EcoVadis, a global provider of business sustainability ratings, has awarded O-I Glass a Gold rating, placing the company in the top 5 percent of assessed companies. EcoVadis assessment focuses on 21 sustainability criteria that are grouped into four themes: environment, labor and human rights, ethics, and sustainable procurement. O-I has maintained strong performances in the first three categories, while the company's significant progress in sustainable procurement drove the upgrade to a Gold rating.

"Sustainable procurement has benefitted from continuous engagement with our customers, suppliers, employees, and communities to align our focus with the evolving needs of an ever-changing ecosystem," said Randy Burns, Chief Sustainability and Corporate Affairs Officer for O-I. "Partnering with our stakeholders has created more resilient supply chains that complement our increased energy efficiency, fuel upgrades on our furnaces and right weighting of our packaging."

Sustainalytics, a Morningstar company and leading environmental, social and governance (ESG) research, ratings, and data firm, has recognized O-I as an ESG Regional Top-Rated performer for the second year in a row. As an ESG Regional Top-Rated performer, O-I is recognized as a strong outperformer in managing ESG risks with a "low risk" score. Sustainalytics is a provider of analytical environmental, social, and governance research, rating, and data to institutional investors and companies. The Top-Rated ESG designation is awarded annually to companies that excel at managing their ESG Risk Ratings.