Xerox Commits to Reducing Greenhouse Gas Emissions by 10 Percent by 2012

Strategic Insights -

Xerox Corporation has pledged to cut its greenhouse gas emissions from worldwide operations by 10 percent from the baseline year 2002 to the end of 2012, aligning with the U.S. Environmental Protection Agency's Climate Leaders program and The Business Roundtable's Climate RESOLVE program. This aggressive voluntary reduction target is part of the company's ongoing environmental programs, including products designed for energy efficiency and innovative remanufacturing and recycling practices. Xerox chairman and chief executive officer Anne M. Mulcahy stated that the reduction is not only environmentally responsible but also financially smart, as the company projects it could save or avoid spending millions of dollars annually by cutting its use of fossil fuel and electricity.

Key Takeaways:

  • Xerox aims to reduce its greenhouse gas emissions by 10 percent from 2002 to 2012, equivalent to 100,000 metric tons of CO2 emissions.
  • The reduction target is aligned with the U.S. Environmental Protection Agency's Climate Leaders program and The Business Roundtable's Climate RESOLVE program.
  • Xerox projects it could save or avoid spending millions of dollars annually by cutting its use of fossil fuel and electricity.
  • The company aims to reduce annual emissions by 30 percent to achieve the 10 percent target, even as it grows.
  • Xerox has a history of energy-saving initiatives, including installing high-efficiency lighting and using cold winter temperatures to chill water for manufacturing.
  • The company is targeting new technology and improved process designs to make existing processes more efficient, as well as alternative energy sources.
  • Xerox has consistently worked to engineer environmentally friendly printers, copiers, and other systems, and to develop practices that cut greenhouse gas production.
  • The company estimates that energy-efficient features in its copiers and printers in 2003 enabled customers to avoid emitting an estimated 563,000 metric tons of greenhouse gas.
  • In 2003, 97 percent of Xerox eligible product offerings qualified for the EPA's ENERGY STAR(R) label or Canada's Environmental Choice EcoLogo.

Statistics:

  • Xerox aims to reduce its greenhouse gas emissions by 10 percent from 2002 to 2012, equivalent to 100,000 metric tons of CO2 emissions.
  • The company projects it could save or avoid spending millions of dollars annually by cutting its use of fossil fuel and electricity.
  • Xerox estimates that its environmentally friendly products in 2003 enabled customers to avoid emitting an estimated 563,000 metric tons of greenhouse gas.
  • In 2003, 97 percent of Xerox eligible product offerings qualified for the EPA's ENERGY STAR(R) label or Canada's Environmental Choice EcoLogo.

Sources:

  • Xerox Corporation press release, "Xerox Commits to Reducing Greenhouse Gas Emissions by 10 Percent by 2012"
  • U.S. Environmental Protection Agency's Climate Leaders program
  • The Business Roundtable's Climate RESOLVE program
  • Xerox Corporation website, "Environmental Stewardship"
  • Xerox Corporation website, "Energy Efficiency"
  • Xerox Corporation website, "Remanufacturing and Recycling"