GRI Content Index

General Disclosures

GRI Standard / Other Source	Disclosure	Location/Response	Omission
			Requirement(s) Omitted	Reason	Explanation
General Disclosures
GRI 2: General Disclosures 2021	2-1 Organizational details	2023 Annual Report, Form 10-K
	2-2 Entities included in the organization’s sustainability reporting	2023 Annual Report, Note 13, p.71-73
	2-3 Reporting period, frequency, and contact point	About Our Report
	2-4 Restatements of information	Performance Dashboard
	2-5 External Assurance	Emission data assured through Apex Companies. Waste data assured through ERM CVS.
	2-6 Activities, value chain, and other business relationships	2023 Annual Report, Part 1, Item 1, p.3-7 Markets Stakeholder Engagement & Materiality
	2-7 Employees	About Our Report Performance Dashboard
	2-8 Workers who are not employees	Performance Dashboard Less than one percent of colleagues are fixed term contract, temporary, or seasonal.
	2-9 Governance structure and composition	2024 Proxy Statement, Board Leadership Structure, p.14 Governance, Policies & Partnerships In 2023, the Board of Directors was comprised of 9 members. Of these members, three have identified as female, six have identified as male and one has identified as being in an under-represented social group.
	2-10 Nomination and selection of the highest governance body	2024 Proxy Statement, Board Responsibilities, p.13
	2-11 Chair of the highest governance body	2024 Proxy Statement, Director Nominees, p.7	2-11 (b)	Not applicable	The chair is not a senior executive.
	2-12 Role of the highest governance body in overseeing the management of impacts	2024 Proxy Statement, Board’s Role in Environmental, Social and Governance Matters Oversight, p.15-17
	2-13 Delegation of Responsibility for managing impacts	2024 Proxy Statement, Board’s Role in Environmental, Social and Governance Matters Oversight, p.16 Stakeholder Engagement & Materiality
	2-14 Role of the highest governance body in sustainability reporting	2024 Proxy Statement, Board’s Role in Environmental, Social and Governance Matters Oversight, p.16
	2-15 Conflicts of interest	2024 Proxy Statement, Certain Relationships and Related Party Transactions, p.49
	2-16 Communication of critical concerns	2024 Proxy Statement, Communications with the Board, p.48 All reports that are made through the Greif Ethics Hotline, which is maintained by an independent third party, and other reports are shared with the Audit Committee of the Board of Directors. During the reporting period, the number of reports was 236.
	2-17 Collective knowledge of the highest governance body	Greif provides Climate Training to advance the collective knowledge, skills and experience of the Board of Directors on sustainable development.
	2-18 Evaluation of the performance of the highest governance body	The performance of the Board of Directors is subject to an annual evaluation is conducted internally by two board members.
	2-19 Remuneration policies	2024 Proxy Statement, Compensation Discussion and Analysis, p.24-32 Sign-on bonus and recruitment incentive payments are currently not part of the remuneration policies for the Board of Directors or senior executives. Incentive compensation targets are not tied to ESG performance.
	2-20 Process to determine remuneration	2024 Proxy Statement, Compensation Discussion and Analysis, p.24-32 As required by SEC regulations, shareholders have the opportunity every six years to determine how often they want to cast an advisory vote on the Company’s remuneration policies. During the 2023 annual meeting, shareholders had the opportunity to vote to approve the Company’s remuneration policies and to vote on the frequency for doing so over the next six years.
	2-21 Annual total compensation ratio	2024 Proxy Statement, Pay Ratio, p.50 Our pay ratio was 1 to 88 in 2022 and 1 to 89 in 2023, representing a minor increase.
	2-22 Statement on sustainable development strategy	About Our Report
	2-23 Policy Commitments	Ethics & Compliance Human Rights & Fair Labor Practices
	2-24 Embedding policy commitments	Ethics & Compliance
	2-25 Processes to remediate negative impacts	2023 Annual Report, Risks Related to Regulatory and Legal Costs, p.14 Ethics & Compliance Human Rights Policy Greif considers and responds to the remediation of identified impacts on a case-by-case basis.
	2-26 Mechanisms for seeking advice and raising concerns	Ethics & Compliance
	2-27 Compliance with laws and regulations	2023 Annual Report, Item 3, p.19 Performance Dashboard Instances of non-compliance are determined to be significant if a fine is warranted. Information on fines can be found in the Environmental Management System section and the Health & Safety section of the report.
	2-28 Membership associations	Trade Associations
	2-29 Approach to stakeholder engagement	Stakeholder Engagement & Materiality Global Supply Chain Management
	2-30 Collective bargaining agreements	Business Continuity, Automation and Digitization The working conditions and terms of employment of employees is not influenced by the collective bargaining agreements of other employees or agreements from other organizations.
Material Topics
GRI 3: Material Topics 2021	3-1 Process to determine material topics	Stakeholder Engagement & Materiality
GRI 3: Material Topics 2021	3-2 List of material topics	Stakeholder Engagement & Materiality

Delivering Superior Customer Experience

GRI Standard / Other Source	Disclosure	Location/Response	Omission
			Requirement(s) Omitted	Reason	Explanation
Product Quality
GRI 3: Material Topics 2021	3-3 Management of material topics	Product Quality
GRI 416: Customer Health and Safety 2016	416-1 Assessment of the health and safety impacts of product and service categories	Each item Greif manufactures is evaluated for product quality based on integrity and applicable specification compliance.
GRI 416: Customer Health and Safety 2016	416-2 Incidents of non-compliance concerning the health and safety impacts of products and services	During the reporting period, we had no instances of non-compliance concerning the health and safety impacts of products and services that resulted in fines.
Customer Service
GRI 3: Material Topics 2021	3-3 Management of material topics	Customer Service Excellence
Performance Indicators	Net Promoter Score	Customer Service Excellence Product Quality
Performance Indicators	Customer Service Index Score	Customer Service Excellence Product Quality

Reducing Our Footprint

GRI Standard / Other Source	Disclosure	Location/Response	Omission
			Requirement(s) Omitted	Reason	Explanation
Environmental Management Systems
GRI 3: Material Topics 2021	3-3 Management of material topics	Environmental Management Systems
GRI 308: Supplier Environmental Assessment 2016	308-1 New suppliers that were screened using environmental criteria		308-1	Information unavailable / incomplete	We are not currently screening new suppliers based on environmental criteria. In 2024, we plan to request new suppliers accounting for over $1 million in business to be rated by a third party.
GRI 308: Supplier Environmental Assessment 2016	308-2 Negative environmental impacts in the supply chain and actions taken	Through 2023, we have assessed 57% of suppliers by spend with EcoVadis, one of which was determined to have a low theme score for the environment. From the assessment 29 areas of improvement have been highlighted for the supplier. We have not yet collaborated with the supplier to made improvements or removed them as a supplier for Greif.
Climate Strategy
GRI 3: Material Topics 2021	3-3 Management of material topics	Climate Strategy
GRI 302: Energy 2016	302-1 Energy consumption within the organization	2023 CDP Response, C8.2a Performance Dashboard
	302-2 Energy consumption outside of the organization		302-2	Information unavailable / incomplete	Energy consumption is not tracked outside of the organization. Greif collects information on our suppliers’ energy consumption through EcoVadis. Of the 57 percent of our supply chain that we have assessed, 74 percent are actively reporting on energy consumption. There is no detail provided in the EcoVadis scorecard on their actual energy consumption.
	302-3 Energy intensity	Performance Dashboard
	302-4 Reduction of energy consumption	Performance Dashboard
	302-5 Reductions in energy requirements of products and services	Climate Strategy
GRI 305: Emissions 2016	305-1 Direct (Scope 1) GHG emissions	2023 CDP Response, C6.1 Climate Strategy Performance Dashboard
	305-2 Energy indirect (Scope 2) GHG emissions	2023 CDP Response, C6.3 Performance Dashboard
	305-3 Other indirect (Scope 3) GHG emissions	2023 CDP Response, C6.5, C6.7, C6.7a Performance Dashboard
	305-4 GHG emissions intensity	Performance Dashboard
	305-5 Reduction of GHG emissions	2023 CDP Response, C4.3 Performance Dashboard
	305-6 Emissions of ozone-depleting substances (ODS)		305-6	Information unavailable / incomplete	Emissions of ozone-depleting substances (ODS) are not currently tracked and we do not have plans to track this information on the future.
	305-7 Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions	Performance Dashboard NOx, SOx, VOCs, and PM emissions are tracked at our NA steel sites.
Water
GRI 3: Material Topics 2021	3-3 Management of material topics	Stakeholder Engagement & Materiality Water
GRI 303 Water and Effluents 2018	303-1 Interactions with water as a shared resource	Water Our Green Tool has water impact measurements for: water input process, acidification, terrestrial eutrophication, aquatic eutrophication. We also utilize the WRI’s Aqueduct Water Risk Atlas tool to note water-stressed regions.
	303-2 Management of water discharge-related impacts	Water All facilities have a No Exposure or Stormwater Permit Coverage. All mills have effluent limits regarding wastewater discharged into surface waters or publicly owned treatment works. These effluent limits are set as conditions in the wastewater discharge permits.
	303-3 Water withdrawal	Performance Dashboard Water
	303-4 Water discharge	Performance Dashboard Water Determining priority substances varies by location. Parameters are permit based and concerns are based on elevated level concentrations of permitted parameters.
	303-5 Water consumption	Performance Dashboard Water	303-5 (c)	Not applicable	Greif does not utilize water storage tanks as part of our PPS processes.
Waste
GRI 3: Material Topics 2021	3-3 Management of material topics	Innovation Waste Circular Manufacturing
GRI 301: Materials 2016	301-1 Materials used by weight or volume	Performance Dashboard
	301-2 Recycled input materials used	Circular Manufacturing
	301-3 Reclaimed products and their packaging materials	Waste	301-3 (a)	Not applicable	Materials we reclaim are not exclusive to our products and include products from competitors.
GRI 306: Waste 2020	306-1 Waste generation and significant waste related impacts	Waste
	306-2 Management of significant waste-related impacts	Waste Circular Manufacturing
	306-3 Waste generated	Waste
	306-4 Waste diverted from disposal	Waste	306-4 (d)	Information unavailable / incomplete	For each recovery operation, an onsite and offsite breakdown of the total weight in metric tons of hazardous waste and of non-hazardous waste diverted from disposal is not tracked. We currently do not have plans to track this information in the future. We do not believe tracking this would be significant for our business.
	306-5 Waste directed to disposal	Waste	306-5 (d)	Information unavailable / incomplete	For each disposal operation, an onsite and offsite breakdown of the total weight in metric tons of hazardous waste and of non-hazardous waste directed to disposal is not tracked. We currently do not have plans to track this information in the future. We do not believe tracking this would be significant for our business.

Addressing Risk

GRI Standard / Other Source	Disclosure	Location/Response	Omission
			Requirement(s) Omitted	Reason	Explanation
Ethics & Compliance
GRI 3: Material Topics 2021	3-3 Management of material topics	Ethics & Compliance
GRI 205: Anti-corruption 2016	205-1 Operations assessed for risks related to corruption	Ethics & Compliance Internal Audit sends out an annual survey that includes specific questions around fraud risk, enterprise-wide risks and emerging risks and general risk areas that Internal Audit considers in the development of the annual internal audit plan.
	205-2 Communication and training about anti-corruption policies and procedures	Ethics & Compliance	205-2 (c)	Information Total number and percentage of business partners that the organization’s anti-corruption policies and procedures have been communicated to, broken down by type of business partner and region is not tracked. Our policies are publicly available for all stakeholders to access.
	205-3 Confirmed incidents of corruption and actions taken	There were zero confirmed incidents of corruption during the reporting period.
GRI 206: Anti-competitive Behavior	206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices	There were zero legal actions pending or completed during the reporting period regarding anti-competitive behavior and violations of anti-trust and monopoly laws.
Risk Management & Business Continuity
GRI 3: Material Topics 2021	3-3 Management of material topics	Business Continuity, Automation and Digitization Human Rights & Fair Labor Practices
GRI 402: Labor/Management Relations 2016	402-1 Minimum notice periods regarding operational changes	Business Continuity, Automation and Digitization
Security
GRI 3: Material Topics 2021	3-3 Management of material topics	Security
GRI 410: Security Practices 2016	410-1 Security personnel trained in human rights policies or procedures	Security Training requirements also apply to security personnel from third-party organizations.
GRI 418: Customer Privacy 2016	418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data	Security

Valuing Our People

GRI Standard / Other Source	Disclosure	Location/Response	Omission
			Requirement(s) Omitted	Reason	Explanation
Diversity, Equity & Inclusion
GRI 3: Material Topics 2021	3-3 Management of material topics	Diversity, Equity & Inclusion Human Rights & Fair Labor Practices
GRI 405: Diversity and Equal Opportunity 2016	405-1 Diversity of governance bodies and employees	Diversity, Equity & Inclusion 30% of our board identify as women. 27% of our ELT identify as women. 17% of our workforce are women. No members of the Board are under 30 years of age. 10 percent are 30-50 years old. 90 percent are over 50 years old.	405-1 (b)	Information unavailable / incomplete	Diversity of employees per employee category are not tracked. There currently are no plans to track this in the future.
GRI 405: Diversity and Equal Opportunity 2016	405-2 Ratio of basic salary and remuneration of women to men	In 2023, unadjusted pay gap was one percent. The adjusted pay gap was four percent.
GRI 406: Non-discrimination 2016	406-1 Incidents of discrimination and corrective actions taken		406-1	Confidentiality constraints	Total number of incidents of discrimination, status of incidents and actions taken is not shared. All Greif Ethics Hotline claims are investigated and actions are taken consistent with Greif policies. In some cases, items are identified due to litigation and we do not discuss matters that involve active litigation.
Talent Attraction, Development & Retention
GRI 3: Material Topics 2021	3-3 Management of material topics	Talent Attraction, Development & Retention Performance Dashboard
GRI 401: Employment 2016	401-1 New employee hires and employee turnover	Talent Attraction, Development & Retention Performance Dashboard
	401-2 Benefits provided to full time employees that are not provided to temporary or part-time employees	Performance Dashboard Talent Attraction, Development & Retention Benefits that are provided to part-time employees vary by region.
	401-3 Parental leave	99.6% of our workforce is entitled to parental leave.	401-3 (b,c,d,e)	Information unavailable / incomplete	Total number of employees that took parental leave, by gender, total number of employees that returned to work in the reporting period after parental leave ended, by gender, total number of employees that returned to work after parental leave ended that were still employed 12 months after their return to work, by gender, and return to work and retention rates of employees that took parental leave, by gender are not tracked. We have begun to track this data in North America and plan to track this data in other regions in the future.
GRI 404: Training and Education 2016	404-1 Average hours of training per year per employee	Performance Dashboard Talent Attraction, Development & Retention
	404-2 Programs for upgrading employee skills and transition assistance programs	Performance Dashboard Talent Attraction, Development & Retention Pre-retirement planning is offered to U.S. colleagues through the use of a third-party vendor. Greif’s Employee Assistance Program provides colleagues in the U.S. and Canada with online resources and counseling for assistance on transitioning to a non-working life.
	404-3 Percentage of employees receiving regular performance and career development reviews	Talent Attraction, Development, & Retention Performance Dashboard	404-3	Information unavailable / incomplete	Information on new employees receiving regular performance and career development reviews by employee category is not tracked.
Health & Safety
GRI 3: Material Topics 2021	3-3 Management of material topics	Health & Safety
GRI 403: Occupational Health and Safety (2018)	403-1 Occupational health and safety management system	Health & Safety	403-1 (a)	Information unavailable / incomplete	Currently, we are not tracking this information. Due to the global nature of our operations, we determine relevant legal requirements and guidelines for our occupational health and safety management systems at the local level. There are no plans to track this in the future. We have implemented global safety policies and targets which are under the oversight and responsibilities of our Global Operations Group.
	403-2 Hazard identification, risk assessment, and incident investigation	Ethics & Compliance Health & Safety
	403-3 Occupational health services	Health & Safety
	403-4 Worker participation, consultation, and communication on occupational health and safety	Health & Safety
	403-5 Worker training on occupational health and safety	Health & Safety
	403-6 Promotion of worker health	Health & Safety
	403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships	Supplier Code of Conduct
	403-8 Workers covered by an occupational health and safety management system	Health & Safety
	403-9 Work-related injuries	Health & Safety In FY 2023, we had 175 LIFE events, which is any incident that either did or could have resulted in a life-altering injury or fatality. 2 of these LIFE events were for temporary employees. The main types of work-related injuries for both employees and non-employees include cuts, punctures, scrapes, strains, sprains and bruise/contusion/abrasions. The Medical Case Rate, which measures the number of recordable injuries per 100 full-time colleagues in a 12-month period, was 1.75 in FY 2023.	403-9 (a,b)	Information unavailable / incomplete	The number of hours worked is not tracked for employees or non-employees. There currently are no plans to track this in the future.
	403-10 Work-related ill health	Greif recorded zero work-related ill-health fatalities during the reporting period for both employee and non-employee workers. In FY 2023, we had 18 total recorded instances of work-related ill health for employees and non-employees. The main types of work-related ill health include hearing loss, poisoning, respiratory issues and skin disorders. These have been determined by the risk present in the workplace, and we aim to reduce hazards and minimize risk using global and regional safety policies, safety audits and safety training. No workers have been excluded from this disclosure.
Human Rights & Fair Labor Practices
GRI 3: Material Topics 2021	3-3 Management of material topics	Human Rights & Fair Labor Practices
GRI 407: Freedom of Association and Collective Bargaining 2016	407-1 Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk		407-1	Information unavailable / incomplete	Human Rights & Fair Labor Practices Our Human Rights audit process was adjusted in FY2023. Collective bargaining is included in this risk assessment. In FY2023, 12% of facilities completed the audit, with results pending. 100% of facilities will have the assessment completed by the end of FY2025.
GRI 408: Child Labor 2016	408-1 Operations and suppliers at significant risk for incidents of child labor		408-1	Information unavailable / incomplete	Human Rights & Fair Labor Practices Our Human Rights audit process was adjusted in FY2023. Child labor is included in this risk assessment. In FY2023, 12% of facilities completed the audit, with results pending. 100% of facilities will have the assessment completed by the end of FY2025.
GRI 409: Forced or Compulsory Labor 2016	409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labor		409-1	Information unavailable / incomplete	Human Rights & Fair Labor Practices Our Human Rights audit process was adjusted in FY2023. Forced and compulsory labor is included in this risk assessment. In FY2023, 12% of facilities completed the audit, with results pending. 100% of facilities will have the assessment completed by the end of FY2025.

Advancing Circular Economy

GRI Standard / Other Source	Disclosure	Location/Response	Omission
			Requirement(s) Omitted	Reason	Explanation
Innovation
GRI 3: Material Topics 2021	3-3 Management of material topics	Innovation
Performance Indicator	Revenue from sustainability-tagged products	Innovation
Circular Economy
GRI 3: Material Topics 2021	3-3 Management of material topics	Circular Manufacturing
GRI 301: Materials 2016	301-1 Materials used by weight or volume	Performance Dashboard
	301-2 Recycled input materials used	Performance Dashboard Circular Manufacturing
	301-3 Reclaimed products and their packaging materials	Waste	301-3 (a)	Not applicable	Materials we reclaim are not exclusive to our products and includes products from competitors.
Global Supply Chain Management
GRI 3: Material Topics 2021	3-3 Management of material topics	Global Supply Chain Management
GRI 414: Supplier Social Assessment 2016	414-1 New suppliers that were screened using social criteria		414-1	Information unavailable / incomplete	We are not currently screening new suppliers based on social criteria. In 2024, we plan to request new suppliers accounting for over $1 million in business to be rated by a third party. 5.66% of our RFQs sent out asked about social issues.
GRI 414: Supplier Social Assessment 2016	414-2 Negative social impacts in the supply chain and actions taken		414-2	Information unavailable / incomplete	Through 2023, we have assessed 57% of suppliers by spend with EcoVadis, two of which were determined to have a low theme score for labor and human rights. From the assessment 28 and 23 areas of improvement have been highlighted for the suppliers. We have not yet collaborated with the suppliers to make improvements or removed them as a supplier for Greif.

Financial Performance & Profitable Growth

GRI Standard / Other Source	Disclosure	Location/Response	Omission
			Requirement(s) Omitted	Reason	Explanation
Financial Performance & Profitable Growth
GRI 3: Material Topics 2021	3-3 Management of material topics	Financial Performance & Profitable Growth
GRI 201: Economic Performance 2016	201-1 Direct economic value generated and distributed	2023 Annual Report, Form 10-K, Item 8, p.36-40
	201-2 Financial implications and other risks and opportunities due to climate change	2023 Annual Report, Form 10-K, p.11, 14-15
	201-3 Defined benefit plan obligations and other retirement plans	2023 Annual Report, Form 10-K, pg.32, 38-39, 62-67
	201-4 Financial assistance received from government	Greif did not receive financial assistance from government during the reporting period.

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