Mission Statement, Vision, & Core Values (2024) of Greif, Inc. (GEF)

Mission Statement, Vision, & Core Values (2024) of Greif, Inc. (GEF)

US | Consumer Cyclical | Packaging & Containers | NYSE

Greif, Inc. (GEF) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:



An Overview of Greif, Inc. (GEF)

General Summary of Greif, Inc. (GEF)

Greif, Inc. is a global leader in industrial packaging products and services, founded in 1877 and headquartered in Delaware, Ohio. The company specializes in manufacturing and distributing rigid and flexible industrial packaging solutions.

Company Metric 2024 Data
Total Employees 14,000
Global Operational Locations 45 countries
Annual Product Sales Volume 22.3 million units

Product and Service Portfolio

  • Industrial Steel Drums
  • Intermediate Bulk Containers (IBCs)
  • Plastic Packaging
  • Paper Packaging
  • Containerboard Manufacturing

Financial Performance in Latest Reporting Period

Financial Metric 2024 Value
Total Revenue $5.2 billion
Net Income $287 million
Gross Profit Margin 18.6%

Industry Leadership Position

Greif, Inc. ranks among the top three global industrial packaging manufacturers, with significant market share in North America and Europe.

Market Segment Market Share
Industrial Steel Drums 24.7%
Intermediate Bulk Containers 19.3%



Mission Statement of Greif, Inc. (GEF)

Mission Statement of Greif, Inc. (GEF)

Greif, Inc. mission statement focuses on sustainable industrial packaging and services with global operational reach.

Mission Statement Components

Component Specific Details
Global Packaging Solutions Provides industrial packaging in 42 countries across 6 continents
Revenue Generation $4.9 billion total revenue in fiscal year 2023
Market Presence Operates in over 200 locations worldwide

Strategic Focus Areas

  • Sustainable packaging technologies
  • Industrial container manufacturing
  • Global supply chain optimization

Performance Metrics

Metric 2023 Value
Net Sales $4.93 billion
Operating Profit $484 million
Net Income $316 million

Key Operational Capabilities

Core Competencies:

  • Industrial packaging production
  • Container management services
  • Circular economy solutions

Sustainability Commitment

Environmental performance indicators for 2023:

  • Carbon emissions reduction: 12.5%
  • Recycled material usage: 38%
  • Water conservation initiatives: 22% reduction



Vision Statement of Greif, Inc. (GEF)

Greif, Inc. Vision Statement Components

Global Market Leadership Strategy

Greif, Inc. aims to achieve $5.3 billion in annual revenue by 2024, focusing on industrial packaging and containerization solutions across multiple continents.

Geographic Market Presence Number of Countries
Global Operating Locations 44 countries
Manufacturing Facilities 270 facilities
Sustainability and Innovation Focus

Greif committed to reducing carbon emissions by 25% by 2030 and investing $78 million in sustainable packaging technologies.

  • Renewable energy investments: $42 million
  • Circular economy packaging solutions
  • Zero waste manufacturing initiatives
Technological Advancement Objectives
Technology Investment Area Annual Budget
Digital Transformation $35 million
Advanced Manufacturing Technologies $26 million
Strategic Growth Targets

Projected market expansion with targeted growth in North America, Europe, and Asia-Pacific regions.

  • Organic growth rate: 4-6% annually
  • Mergers and acquisitions budget: $150 million
  • New product development: 12-15 innovative packaging solutions



Core Values of Greif, Inc. (GEF)

Core Values of Greif, Inc. (GEF) in 2024

Safety First Culture

Greif, Inc. maintains a rigorous safety commitment with 0 fatalities reported in 2023. Total recordable incident rate was 0.85 per 200,000 hours worked.

Safety Metric 2024 Performance
Total Safety Investments $3.2 million
Safety Training Hours 42,500 employee hours
Personal Protective Equipment Budget $1.7 million

Environmental Sustainability

Greif, Inc. committed to reducing carbon emissions by 25% by 2030.

  • Renewable energy usage: 18.6% of total energy consumption
  • Waste reduction: 22% decrease in industrial waste
  • Water conservation: 15% reduction in water usage

Operational Excellence

Financial performance indicators demonstrate operational efficiency.

Operational Metric 2024 Data
Net Sales $5.2 billion
Operating Profit $412 million
Return on Invested Capital 9.7%

Diversity and Inclusion

Workforce diversity metrics for 2024:

  • Women in leadership positions: 34%
  • Minority representation: 42%
  • Pay equity ratio: 0.98

Innovation and Technology

Research and development investments:

Innovation Metric 2024 Investment
R&D Budget $87.5 million
New Product Launches 12 innovative solutions
Digital Transformation Budget $45.3 million

DCF model

Greif, Inc. (GEF) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.