Sonoco(SON)2025-02-28 21:42Employee and Talent Management - As of December 31, 2024, Sonoco had approximately 28,000 full-time equivalent employees, including about 6,500 from the Eviosys acquisition[45] - Sonoco's Global Talent Acquisition and Organizational Development team aims to manage the employee lifecycle through continuous training and succession planning[52] - The company has made significant progress in talent acquisition during 2024 despite a challenging labor market[47] Safety and Injury Rates - Injury rates in 2024 were stable year over year, with decreases in total injuries, high potential injuries, and serious injuries compared to 2023[50] - The company achieved a 97% completion rate on its annual safety improvement plans as of December 31, 2024[50] Sustainability Initiatives - Sonoco's sustainability goals include reducing greenhouse gas emissions, energy and water usage, and the use of single-use plastics[39] - The company is focused on developing products made from renewable materials and materials that can be recycled or composted[40] - Sonoco's Global Sustainability team became part of the Legal & Compliance department to enhance focus on sustainability efforts[38] Corporate Culture and Ethics - The company emphasizes a culture of accountability and aims to conduct business in a fair, ethical, and responsible manner[39] - Sonoco's executive compensation program is designed to align incentives with the achievement of the company's strategic plan and operating objectives[53]