Graphic Packaging Holding Company announced that it has published its 2019 Environmental, Social and Governance (ESG) Report. With this report, the Company has provided additional disclosures using the Sustainability Accounting Standards Board (SASB) reporting framework and has committed to a broader set of environmental, social and governance initiatives. "Our sustainability reporting continues to exhibit transparency on topics that matter most to investors, customers, employees and other stakeholders," said Michael Doss, President and Chief Executive Officer. "Customers, suppliers, investors, employees and the communities where Graphic Packaging conducts business have helped shape the Company's sustainability vision. We are pleased to disclose the significant progress we have made and our resolve for continued improvement on topics that are most impactful and important to these stakeholders." Graphic Packaging is working diligently toward meeting its Vision 2025 sustainability goals, and accomplished early achievement of two goals in 2019: 100 percent of global folding carton/cup manufacturing facilities are now engaged in a waste diversion program; 100 percent of global folding carton/cup manufacturing facilities and paperboard mills comply with Graphic Packaging's forest and fiber certification requirements.

Green Bay Packaging Inc. announced plans to replace its 71-year-old Green Bay Paper Mill with a new state-of-the-art facility. The more than $500 million investment is the largest business development project in both Brown County and Green Bay Packaging company history. The new Green Bay Mill will be the first new paper mill in Wisconsin in more than 30 years. “Paper making has long been a staple in Wisconsin’s economic success, but it’s no secret that many paper mills across the state have closed down or moved out in recent years,” said Will Kress, president and CEO of Green Bay Packaging. Click Read More below for additional information.

Graphic Packaging Holding Company reported Net Income for second quarter 2021 of $38 million. This compares to second quarter 2020 Net Income of $52 million. Michael Doss, the Company's President and CEO said, "Strong demand continued across our markets in the second quarter as consumer preferences are driving conversions to our fiber-based packaging solutions. Increased consumer mobility and consumption outside of the home resulted in higher sales in our Foodservice markets up 22% year over year, while Food, Beverage and Consumer markets continued to show healthy growth of 4%. Our teams worked tirelessly to meet customer demand, and we swiftly implemented pricing actions to offset rising commodity input costs which impacted our results in the quarter. We expect to generate significantly higher Adjusted EBITDA in the second half of 2021 driven by price-cost recovery from the successful execution of approximately $400 million of implemented and recognized pricing actions, and continued momentum from organic sales growth and strong productivity. As we address the near-term inflationary headwinds, we remain unwavering in our commitment to introduce new and innovative packaging solutions across global markets supportive of the move to a more circular economy." Net Sales increased 8% to $1,737 million in the second quarter of 2021, compared to $1,611 million in the prior year period.