WestRock has been ranked first in the Packaging and Containers industry category by Fortune Magazine on its 69th annual Fortune 500 ranking list.
The prestigious list recognizes the 500 largest corporations in the United States by total revenue, for the 2022 fiscal year. WestRock rose to the top of its industry as the company’s 2022 revenue increased by 13.5%, with profit rising by 12.7%. WestRock currently places 183 on the overall list, up 9 points from the 2022 Fortune Ranking.
“WestRock believes our greatest business opportunity lies at the intersection of innovation and sustainability, and this recognition from Fortune is a testament to the success of putting sustainability at the core of our business,” said David B. Sewell, CEO, WestRock. “I want to thank our WestRock team members for their commitment to excellence and dedication to helping WestRock reach our goals.”
The company released its 2022 Sustainability Report in May, highlighting new innovations to replace plastic with fiber-based materials and develop alternative packaging solutions using technologies such as Enshield, CanCollar and BoxSizer.