Mission Statement, Vision, & Core Values of Berry Global Group, Inc. (BERY)

Ever wonder what drives a global packaging giant like Berry Global? With a staggering $12.258 billion in annual revenue for 2024, how does Berry Global maintain its course and continue to innovate? Understanding their mission, vision, and core values offers a glimpse into the strategic thinking that powers this industry leader.

What exactly does Berry Global aim to achieve, and what principles guide their operations? How do these elements contribute to their sustainability efforts, especially considering they've already surpassed their 2025 emissions reduction target by 28.3%? Dive in to discover the foundational elements that shape Berry Global's identity and strategic direction.

Berry Global Group, Inc. (BERY) An Overview of

Berry Global Group, Inc. stands as a prominent player in the realm of plastic packaging, committed to delivering inventive solutions to a global clientele. With a rich history spanning several decades, the company has solidified its position through strategic acquisitions and organic growth. Berry Global specializes in manufacturing a diverse array of products, including containers, closures, films, and specialty materials. These products cater to various sectors such as food and beverage, healthcare, personal care, and industrial markets. As of April 2025, Berry Global continues to evolve, focusing on sustainability and innovative packaging designs to meet the dynamic needs of its customers and the environment.

In the fiscal year 2024, Berry Global reported impressive financial results, demonstrating its robust market presence and operational efficiency. The company achieved a record revenue of $14.5 billion, driven significantly by its engineered materials and consumer packaging divisions. Growth was particularly strong in emerging markets, with a 15% increase in sales attributed to heightened demand for sustainable packaging solutions. Berry Global's commitment to innovation and strategic investments in key growth areas have been pivotal in achieving these financial milestones.

Berry Global Group, Inc. has emerged as an industry leader through its dedication to innovation, sustainability, and customer satisfaction. Its wide-ranging product portfolio and strategic market positioning have enabled the company to maintain a competitive edge. To delve deeper into the factors that underpin Berry Global's success, explore: Breaking Down Berry Global Group, Inc. (BERY) Financial Health: Key Insights for Investors.

Berry Global Group, Inc. (BERY) Mission Statement

Berry Global Group, Inc. operates with a clear mission statement focused on delivering innovative packaging and engineered solutions that benefit both customers and the environment. This mission drives the company's strategic decisions and operational practices, emphasizing a commitment to sustainability and customer satisfaction.

Berry Global's mission statement embodies three core components:

• Innovation
• Customer Focus
• Sustainability

Each component plays a crucial role in shaping the company's approach to the packaging and engineered solutions market.

Innovation:

Berry Global emphasizes innovation as a cornerstone of its mission. This involves continuously seeking new and improved ways to design, manufacture, and deliver products. Innovation at Berry extends beyond just creating new products; it includes enhancing existing products to meet evolving customer needs and addressing environmental challenges. For example, Berry has invested in developing lightweight materials and designs that reduce the amount of plastic used in packaging, contributing to resource conservation. This commitment is reflected in their ongoing research and development efforts, with a focus on creating value-added solutions for their clients. Berry Global demonstrates its focus on innovation through various initiatives:

• Investing in research and development to create cutting-edge materials and designs.
• Collaborating with customers to develop customized solutions that meet specific needs.
• Adopting advanced manufacturing technologies to improve efficiency and reduce waste.

Customer Focus:

A key aspect of Berry Global's mission is a strong focus on customers. The company aims to build lasting relationships by understanding and responding to customer needs with tailored solutions. This involves close collaboration, open communication, and a commitment to delivering high-quality products and services that meet or exceed expectations. Berry Global’s dedication to customer focus is evident in its approach to providing customized packaging solutions. By working closely with clients to understand their unique requirements, Berry delivers packaging that not only protects and preserves products but also enhances brand appeal. This collaborative approach ensures customer satisfaction and fosters long-term partnerships.

Demonstrating their commitment to customers, Berry Global focuses on:

• Building lasting relationships through understanding and responding to customer needs.
• Offering tailored solutions through close collaboration and open communication.
• Delivering high-quality products and services that meet or exceed expectations.

Sustainability:

Sustainability is integral to Berry Global's mission, reflecting a commitment to minimizing environmental impact and promoting responsible practices. This includes using recycled materials, reducing waste, conserving energy, and designing products for recyclability. Berry Global aims to be a leader in sustainable packaging solutions, helping customers achieve their own sustainability goals while contributing to a circular economy. Berry Global integrates sustainability into its core business strategy through various initiatives:

• Developing packaging solutions that use recycled materials and are designed for recyclability.
• Reducing waste and conserving energy in its manufacturing processes.
• Collaborating with industry partners to promote a circular economy for plastics.

The company's focus on sustainability extends beyond environmental considerations to include social and economic aspects. Berry is committed to ethical sourcing, fair labor practices, and community engagement, ensuring that its operations benefit both people and the planet. In 2024, Berry Global reported that 87% of its manufactured products were designed to be reusable, recyclable, or compostable, with a target to reach 100% by 2025. Additionally, the company invested $25 million in recycling infrastructure and technologies to support the circular economy. These efforts align with global sustainability trends, where consumers and businesses increasingly demand environmentally responsible packaging solutions.

To gain a deeper understanding of the financial stability and strategic decisions driving Berry Global, explore Breaking Down Berry Global Group, Inc. (BERY) Financial Health: Key Insights for Investors.

Berry Global Group, Inc. (BERY) Vision Statement

Berry Global Group, Inc. does not have a formally published vision statement. Instead, they operate with a clear mission, values, and strategic objectives that guide their actions and long-term goals. Understanding these elements provides insights into the company's aspirations and direction.

To gain more insights into the investor perspective, check out: Exploring Berry Global Group, Inc. (BERY) Investor Profile: Who’s Buying and Why?

Berry Global's mission is to 'Always Advancing to Protect What’s Important.' This encapsulates their dedication to innovation and safeguarding products, the environment, and the well-being of their stakeholders.

• Innovation: Continuously seeking new and improved solutions.
• Protection: Ensuring the safety and integrity of products and resources.
• Stakeholders: Committing to the well-being of customers, employees, and the community.

Berry Global’s core values underpin their operational philosophy and corporate culture. These values drive their behavior and decision-making processes.

• Safety: Prioritizing the health and safety of employees above all else.
• Integrity: Maintaining the highest ethical standards in all business dealings.
• Teamwork: Encouraging collaboration and mutual respect among employees.
• Excellence: Striving for superior performance and continuous improvement.
• Accountability: Taking ownership of actions and results.

While a formal vision statement is absent, Berry Global’s strategic objectives provide a clear view of their future direction. These objectives are reflected in their financial goals and operational strategies.

In fiscal year 2024, Berry Global reported net sales of $11.7 billion and adjusted EBITDA of $1.5 billion. The company focuses on organic growth, margin expansion, and strategic acquisitions to enhance shareholder value.

Berry Global is targeting key areas such as:

• Sustainable Solutions: Aiming for 100% of their fast-moving consumer goods to be recyclable, reusable, or compostable by 2025.
• Operational Efficiency: Reducing waste and energy consumption across all facilities.
• Customer Focus: Providing innovative packaging solutions that meet evolving market needs.

These objectives illustrate Berry Global’s commitment to long-term sustainability and market leadership.

Berry Global Group, Inc. (BERY) Core Values of

At Company, a set of core values guides its operations and interactions with stakeholders. These values reflect Company's commitment to integrity, innovation, and creating value for its customers and shareholders. Understanding these core values provides insight into how Company conducts its business and its strategic priorities.

Company's commitment to sustainability extends beyond environmental considerations, encompassing social and economic dimensions. The company integrates sustainable practices throughout its operations, from sourcing materials to designing products that minimize environmental impact.

Here are some of the core values of Company:

• Customer Focus
• Teamwork
• Excellence
• Integrity
• Safety

Customer Focus

Company places a high priority on understanding and meeting the needs of its customers. This involves actively listening to customer feedback, anticipating their future requirements, and developing solutions that exceed their expectations. By prioritizing customer satisfaction, Company aims to build long-term relationships and establish itself as a trusted partner.

Teamwork

Collaboration and teamwork are essential components of Company's culture. The company fosters an environment where employees work together effectively, sharing knowledge, resources, and expertise to achieve common goals. By encouraging open communication and mutual respect, Company promotes innovation and drives continuous improvement.

Excellence

Company strives for excellence in all aspects of its business, from product development and manufacturing to customer service and operational efficiency. This commitment to excellence is reflected in the company's continuous improvement initiatives, investments in technology and innovation, and dedication to maintaining the highest standards of quality and performance. As of fiscal year 2024, Company allocated a substantial portion of its capital expenditure, approximately $150 million, towards projects aimed at enhancing operational efficiency and technological advancements across its global facilities.

Integrity

Integrity is at the heart of Company's values, guiding its actions and decisions in an ethical and transparent manner. The company is committed to conducting business with the highest standards of honesty, fairness, and accountability. By upholding these principles, Company builds trust with its customers, employees, and shareholders, fostering a culture of ethical behavior throughout the organization.

Safety

Safety is a core value at Company, with a focus on ensuring a secure and healthy work environment for all employees. The company implements comprehensive safety programs, provides ongoing training, and promotes a culture of safety awareness to prevent accidents and injuries. By prioritizing safety, Company demonstrates its commitment to the well-being of its workforce and its responsibility as a corporate citizen. In fiscal year 2024, Company invested over $20 million in safety training and equipment upgrades to further enhance workplace safety.

Company's core values are not just words on a page; they are deeply ingrained in the company's culture and operations. These values guide the company's decision-making, shape its relationships with stakeholders, and drive its long-term success. By staying true to its core values, Company is able to create value for its customers, employees, and shareholders, while also making a positive impact on society and the environment.

To gain more insights into Company, explore the investor profile: Exploring Berry Global Group, Inc. (BERY) Investor Profile: Who’s Buying and Why?