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 Greif, Inc. GEF GEF.B))), a global leader in industrial packaging 
 products and services, announced today that it has released its eighth 
 annual sustainability report, demonstrating the company's commitment to 
 continuous improvement through an integrated approach to environmental 
 and social responsibility.
 
 
 "At Greif, our commitment to sustainability is steadfast. In 2016, we 
 continued to operationalize sustainability in our business, made good 
 progress on our goals and served our customers through improved 
 sustainability practices. I'm proud to say that through the efforts of 
 our global colleagues, Greif has been recognized as a leader in 
 sustainability by independent organizations," said Pete Watson, 
 President and Chief Executive Officer.
 
 
 Highlights from the <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.greif.com%2Fbinaries%2Fcontent%2Fdocuments%2Fgreifcms%2Fcontent%2Fpeople--planet%2Fsustainability-reports%2F2016-report%2F2016-report%2Fgreifcms%253Acontent_attachment&amp;esheet=51516003&amp;newsitemid=20170224005618&amp;lan=en-US&amp;anchor=Greif+2016+Sustainability+Report&amp;index=1&amp;md5=22e82a886134cad7e1bf99c3c5cf3689" rel="nofollow" rel="nofollow">Greif 
 2016 Sustainability Report</a> include the following:
 
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 Achieving a Medical Case Rate* (MCR) reduction of 20 percent between 
 2015 and 2016, outpacing our 10 percent annual reduction target and 
 attaining Greif's lowest ever MCR
 </li>
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 Receiving an A- score from the Carbon Disclosure Project (CDP) for our 
 environmental leadership
 </li>
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 Earning silver recognition from EcoVadis, placing Greif in the top 
 nine percent of suppliers in its category
 </li>
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 Achieving improvements in energy efficiency and reductions in 
 emissions, such as decreasing energy consumption by eight percent in 
 our Riverville Mill in Virginia and reducing site emissions by 70 
 percent at three facilities in Brazil through the use of renewable 
 energy
 </li>
 </ul>
 
 The report issued also outlines Greif's 2020 goals for energy 
 efficiency, emissions reduction and water conservation. It also contains 
 standard disclosures from the GRI Sustainability Reporting Guidelines 
 and fulfills the United Nations Global Compact (UNGC) annual 
 Communication on Progress (COP).
 
 
 In addition to the 2016 sustainability report, Greif is also pleased to 
 announce that Rigid Industrial Packaging &amp; Services Italy has been 
 awarded the <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.greif.com%2Fpeople--planet%2Fpeople%2Femployees%2Fawards%2F2016&amp;esheet=51516003&amp;newsitemid=20170224005618&amp;lan=en-US&amp;anchor=2016+Michael+J.+Gasser+Sustainability+Award&amp;index=2&amp;md5=001af273ebf2e4b629df3f722a1c1f5c" rel="nofollow" rel="nofollow">2016 
 Michael J. Gasser Sustainability Award</a>. The team developed a 
 strategy to reduce the weight of our IBC product. This effort reduced 
 Greif's carbon footprint and achieved financial savings, while 
 maintaining Greif's commitment to producing products of the highest 
 quality for our customers.
 
 
 * Medical Case Rate, measures the number of recordable injuries per 100 
 full-time employees in a 12-month period.
 
 
 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 over 45 countries to serve global 
 as well as regional customers. Additional information is on the 
 company&#39;s website at <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.greif.com%2F&amp;esheet=51516003&amp;newsitemid=20170224005618&amp;lan=en-US&amp;anchor=www.greif.com&amp;index=3&amp;md5=7c04edc08eade3f4270006c639320803" rel="nofollow" rel="nofollow">www.greif.com</a>.
 
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