Xerox exceeds greenhouse gas reduction goal six years early
(Business Wire) Xerox cuts greenhouse gas emissions by 18 per cent. New target aims for 25 per cent by 2012.
Reflecting a company-wide commitment to environmental stewardship, Xerox Corporation (NYSE: XRX) has already exceeded its 2012 greenhouse gas emission reduction target and is upping its goal by more than 100 per cent.
With an 18 per cent reduction in greenhouse gas emissions since 2002, Xerox topped its 10 per cent reduction target and is now boosting its goal to a 25 per cent decrease by 2012.
In addition to preventing the emission of 87,000 metric tons of carbon dioxide in 2006, the equivalent of taking more than 18,000 cars off the road, Xerox's GHG reduction program saved the company $18 million last year.
The results were validated by US Environmental Protection Agency and fulfill Xerox's commitments for participation in the EPA's Climate Leaders program.
Achieving the reduction required Xerox to invest in equipment and process upgrades, but the company expects to reap long-term financial and environmental benefits.
First published: 3 Dec 2007
