Fourth Quarter Highlights *GAAP: Net sales of $3.1 billion; Operating income of $301 million; Earnings per share (EPS) of $1.55 *Returned $216 million to shareholders ($185 million via share repurchases and $31 million in dividends). Fiscal Year Highlights *GAAP: Net sales of $12.7 billion; Operating income of $1.1 billion; EPS of $4.95 *Cash flow from operations of $1.6 billion; Free cash flow of $926 million *Returned $728 million to shareholders ($601 million via share repurchases and $127 million in dividends)
Eco-Products® announced today that it has been recertified as a B Corporation, once again achieving the coveted distinction for meeting “high standards of social and environmental performance, accountability and transparency.” This is the third time the company has gone through the rigorous certification and verification process.
To achieve this distinction, Eco-Products met score requirements of the B Impact Assessment, which rates business factors such as employee benefits, civic engagement, DE&I initiatives, product environmental benefits and the impacts of business operations.
“We’re proud to once again be distinguished as a Certified B Corporation,” said Ian Jacobson, president of Eco-Products. “We share B Lab’s view that a more inclusive, equitable and regenerative economy is within reach, and are excited to continue the work required to help get us there.”
B Corps are required to undergo the verification process every three years, keeping them focused on continuous improvement, notes B Lab, the nonprofit organization that assesses and certifies companies as B Corps.
more at: https://novolex.com/news/eco-products-earns-b-corp-recertification-for-using-business-as-a-force-for-good/