Monday, October 21, 2019

Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company specializing in the design and manufacture of a wide variety of labeling and functional materials. With operations in more than 50 countries and approximately 30,000 employees worldwide, Avery Dennison serves customers with insights and innovations and makes a global impact across virtually every industry. Avery Dennison’s reported sales in 2018 were $7.2 billion and the company is headquartered in Glendale, California.

The company’s products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical and retail applications; tags, labels and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets.

Avery Dennison entered Hong Kong in the 1980s and has experienced strong annual sales growth. Today, the company employs approximately 700 employees in Hong Kong with Avery Dennison’s core businesses – Retail Branding and Information Solutions (RBIS), Label and Graphic Materials (LGM) and Industrial and Healthcare Materials (IHM) – which have a strong presence in Hong Kong and the Asia region. The company has a network of strategically located sales and distribution centers, including facilities in Hong Kong, Mainland China, Taiwan, Japan, Korea, Indonesia, Thailand, Vietnam, Sri Lanka, Bangladesh and India.

WE CREATE A CULTURE TO SUCCEED
Our workplace policies and practices are strong supports for the company to build a diverse, engaged and ethical workforce in a high performing and interdependent organization. The company is committed to creating a culture that advocates diversity and inclusion, promotes flexibility and provides equal opportunities to our employees to grow and develop their careers at Avery Dennison.

We have launched a workplace program to help build greater flexibility for our employees. The program features tools for managers and their teams to incorporate flexible schedules, remote working, and job sharing to help employees achieve work-life balance. We are committed to fostering an environment of inclusion as an integral part of the employee experience. We have established a cultural ambassador team in RBIS to promote positive change across the company, and we are a part of the CEO Action for Diversity & Inclusion pledge. Our aim is to create a more inclusive workplace where every employee has an opportunity to be and do their best.

IT’S ALL ABOUT PEOPLE
Employee Benefits
We provide a comprehensive program that offers flexible benefits to fit and support employees’ well-being. The benefits program puts employees in control, helping them enjoy the full value of their available choices. This is a part of compensation and benefits package designed to keep up with employees’ evolving needs. Across health, wellness and financial opportunities, the company is dedicated to supporting employees with their career development, including education sponsorship. Avery Dennison demonstrates that the we value the people who make our business happen.

Employee Engagement
Employee engagement is critically important to Avery Dennison. We conduct an annual global employee engagement survey to gather feedback from employees, then use that input to help make Avery Dennison an even better place to work. This survey allows us to reflect on our journey to become more competitive, faster and simpler, and enhance our efforts to build a winning team. We are proud that our employee engagement rate continues to rise each year.

Our high employee engagement score is a reflection of the focus we place on ensuring employees feel connected and supported. One example of our ongoing efforts is a team that we formed, called One AD Plus. This team arranges various activities and programs within the company to improve our employee engagement. The group organizes festival activities, such as an International Women’s Day celebration, sustainability-related programs for World Earth Day, and the establishment of a Family Fun Day to promote work-life balance. Our aim is for employees to enjoy coming to work each day, and feel that they can bring their full selves to Avery Dennison.

A FORCE FOR GOOD
As a responsible company, Avery Dennison is committed to sustainable growth and strives to minimize our impact on the environment. Our products and solutions enable our customers’ supply chains to be more sustainable. We have been working toward offering more sustainable solutions, including evaluating our products, processes and purposes. Guided by our environmental and social guiding principles, we have announced a set of bold sustainability goals for 2025, in areas where Avery Dennison can make the biggest impact. We continue to make great progress towards achieving these goals and more information can be found at www.averydennison.com/sustainability. Our sustainability efforts are all about sustaining a thriving business that is a force for good — one that generates value in every respect for all involved.

Our efforts in recent years have driven real progress towards achieving our 2025 sustainability goals leading Barron’s to name Avery Dennison one of its 100 Most Sustainable US Companies of 2019. This is the second consecutive year Avery Dennison has been included on this list.

The company also actively takes initiative to give back to the local communities. We offer a number of employee volunteer programs that encourage our teams to get involved and make a positive difference. We believe that by serving as a force for good, we can help advance education, sustainability and women’s empowerment initiatives in many communities where our employees live, learn and work.

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