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The Greif Way

How we think. How we act. Who we are.
The Standards We Hold for Ourselves

Personal Accountability

Greif is known around the world for our unquestionable integrity. Our people – intelligent, hard working and, above all, ethical – reaffirm our reputation every day with their every action. This is who we are:

Responsible and Accountable
We earn respect because we can be trusted to do what is right.

Respectful of Others
We treat people the way we would like to be treated.

Positive in Attitude
We are optimistic. Our attitude drives our actions, our actions deliver results.

Team Player
We work together and share credit. We put Company goals ahead of our personal agendas.

Part of the Solution
When we see something we can do that needs to be done – we do it. We contact our supervisor when his or her support is necessary.

Participant in the Process
When an issue arises, we offer our informed opinion. However, once the appropriate people have chosen the best course of action, we expend our best effort to support its implementation.

Ethical
Greif’s Code of Business Conduct and Ethics directs our decisions and our actions in all situations.

Customer Relationships

Greif customers are our first priority. Without them, we have no Company.This is how we work with our customers:

Stay Aware of Our Customers’ Needs
We listen to our customers to learn what they really want. Then we deliver.

Build in Quality
Quality is our hallmark. It is everyone’s responsibility.

Provide Exceptional Service
Our extraordinary service creates value for our customers. We solve their packaging challenges.

Earn Customer Loyalty
We create long-term relationships based on trust, integrity and dependability throughout our customers’ organizations.

Remain Above Reproach
We win customers with our products and services. We compete fairly and adhere to the highest standards of conduct.

Supplier Interactions

Greif’s suppliers are essential; they provide the materials and services that keep our business running. This is how we work with our suppliers:

Be Consistent and Ethical
We develop mutual trust by being honorable.

Cultivate Supplier Loyalty
We view our suppliers as a vital part of our business.

Expect Quality Products and Services at a Fair Cost
We constantly evaluate all aspects of the products and services that we purchase. We don’t cut corners.

Remain Free of Obligation
We do not accept lavish entertainment or excessive gifts from suppliers.

Shareholders

Ultimately, we all work for Greif’s shareholders, the owners of the Company. With this in mind, we continuously strive to create value in all that we do:

Build Our Company’s Worth
Our shareholders expect it. Our future depends on it.

Maintain Our Company’s Reputation
We remain mindful that the companies with the highest ethical standards provide the highest returns for their shareholders. We will be among them.

The Support We Expect from Our Company

There are certain reasonable expectations that we have of the Company, and it is the Company’s obligation to do its best to fulfill those expectations. We can expect:

Fair and Equitable Treatment of All
Regardless of race, color, sex, creed, national origin or age, each Greif employee will be treated fairly.

Safety in the Workplace
Fibre Drum Safeguarding the health and welfare of our people is fundamental. The Company is committed to providing a safe working environment.

Honest and Truthful Communication
The Company will be honest and forthright in its communications.

Appropriate Rewards
Compensation and benefits will be competitive and commensurate with the value received

Career Opportunities
The Company will be mindful of career opportunities within Greif for its employees.

The Principles that Guide Our Business

The cornerstone of Greif’s business practices is our Vision Statement. It expresses who we are and who we want to be. The Greif Way incorporates the following practices in pursuit of this Vision:

One Company, One Mission, One Vision = One Voice
Although our reach is global, we speak with one voice. All major decisions are made for the benefit of the entire Company.

Commit to the Future
We have a long and proud history to build upon as we progress into the 21st Century. While our products and services are important ingredients for future success, we will continue to employ creativity and innovation to maintain our edge in the marketplace.

Seek Continuous Improvement
We operate in a highly competitive business. To ensure continued success, we will make wise use of our resources – human, capital and natural.We will always look for ways to make our work, our products and our Company better.

Focus on Our Core
We are committed to the businesses we are in.While it is important for us to continually expand, we must ensure that any expansion is related to packaging or our existing businesses.

In the end, The Greif Way is more than words on paper – it is a way of life.
It is genuinely who we are.