Weyerhaeuser Company Top Forest Products Company on FORTUNE List
Weyerhaeuser Company (NYSE: WY) today announced it was named the world′s
most admired forest and paper products company according to a study
published in the March 21 edition of FORTUNE magazine, currently
available online and at newsstands.
Weyerhaeuser earned the top ranking in its industry for innovation, use
of corporate assets, social responsibility, long-term investment, and
quality of products/services. In addition, Weyerhaeuser tied for 10th
for social responsibility overall among all companies.
'This distinction among our peers testifies to our commitment to
responsible governance, reliable systems and a focus on long-term
prosperity,? said Dan Fulton, president and chief executive officer. 'We
are honored to be rated among the world′s top companies and our
employees take great pride in this recognition.?
FORTUNE′s 'Most Admired Companies? list is widely considered the
definitive measure of corporate performance and reputation. To compile
the list, FORTUNE and its partner, The Hay Group, surveyed approximately
15,000 senior executives, outside directors, and other major non-U.S.
companies and financial analysts. Those surveyed rated companies on
innovation, people management, use of corporate assets, social
responsibility, quality of management, financial soundness, long-term
investment, and quality of products/services.
Last week, Weyerhaeuser also learned it was included in Corporate
Responsibility Magazine′s 100 Best Corporate Citizens List for 2011 and
awarded the Sustainable Asset Management 2011 Bronze Class distinction
for corporate sustainability performance in 'The Sustainability Yearbook
2011.?
Weyerhaeuser Company, one of the world′s largest forest products
companies, began operations in 1900. We grow and harvest trees, build
homes and make a range of forest products essential to everyday lives.
We manage our timberland on a sustainable basis in compliance with
internationally recognized forestry standards. At the end of 2010, we
employed approximately 14,000 employees in 10 countries. We have
customers worldwide and generated $6.6 billion in sales in 2010. Our
stock trades on the New York Stock exchange under the symbol WY.
Additional information about us is available at http://www.weyerhaeuser.com.
Weyerhaeuser Company
Media
Bruce Amundson, 253-924-3047
or
Analysts
Kathryn
McAuley, 253-924-2058
