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 user 2005-04-26 at 10:06:00 am Views: 79
  • #9126

    Office Depot Receives `Outstanding Retailer’ Award from
    International Council of Shopping Centers and the U.S. Environmental Protection

    Honored For Corporate
    Conservation and Recycling Efforts

    DELRAY BEACH, Fla.–April, 2005–Office Depot , a leading global
    provider of office products and services, today announced that it has been named
    the winner of the Outstanding Retailer Award, part of the inaugural “America’s
    Marketplace Recycles!” awards program jointly sponsored by the International
    Council of Shopping Centers (ICSC) and the U.S. Environmental Protection Agency

    The awards program, in recognition of today’s Earth Day celebrations,
    highlights outstanding efforts and achievements by ICSC members to conserve
    resources, recycle, and purchase recycled-content products. It was also designed
    to increase public awareness of the benefits of recycling.

    “We are pleased to recognize Office Depot among those retailers that are
    leading the way in both recycling and environmental sensitivity,” said ICSC
    President and CEO Michael P. Kercheval. “Through its own corporate initiatives
    as a national supplier of office products, Office Depot is setting a highly
    visible example of environmental stewardship in action.”

    Kercheval cited several recent examples:

    • On December 21, 2004, Office Depot, in conjunction with the Rechargeable
      Battery Recycling Corporation (RBRC), announced a free cell phone and
      rechargeable battery recycling program, collecting more than a ton of obsolete
      products in the first three months.
    • On Nov. 21, 2004, Office Depot announced an enhancement of its Ink &
      Toner Recycling program, which is responsible for the recycling of more than
      10.6 million cartridges since 2002.
    • On July 13, 2004, Office Depot and Hewlett-Packard announced the first free,
      nationwide electronics recycling initiative – a pilot program that collected
      over 10.5 million pounds of unwanted electronics from more than 800 stores in
      less than two months, becoming the largest single electronics recycling
      initiative in history.
    • On June 2, 2004, Office Depot announced performance and environmental
      enhancements to its name brand paper, including improved brightness, smoothness
      and recycled content. In doing so, Office Depot more than doubled the annual
      environmental benefits, conserving an estimated 1.3 million fully grown trees
      and preventing more than 110 million pounds of greenhouse gas emissions and 57
      million pounds of solid waste each year

    “Office Depot is committed to integrating nature into the everyday world of
    business,” said Tyler Elm, Director of Environmental Affairs for Office Depot.
    “By improving our own environmental performance and that of Office Depot-branded
    products, we provide customers with the ability to do the same. It’s rewarding
    to receive international recognition from the ICSC and EPA, which serves as a
    strong validation of our efforts to date.”

    “The EPA is pleased to have assisted ICSC in the establishment of this
    important initiative,” said Tom Dunne, EPA Deputy Assistant Administrator, who
    noted that the EPA provided technical assistance and guidance to ICSC through
    its Resource Conservation Challenge program. “We believe improvements in
    recycling at America’s shopping centers will have a significant impact. More
    importantly, shopping centers are a crucial venue to help educate our nation’s
    consumers of the value of recycling.”

    The Outstanding Retailer Award is the latest recognition of Office Depot’s
    environmental initiatives. Most recently, the company was again named to the
    FTSE4Good Index, which assesses companies’ corporate social responsibility
    practices based on socially responsible investment principles, and was honored
    with the United States Chamber of Commerce’s Corporate Stewardship Award for
    Large Companies.

    Office Depot, which is also listed on the Dow Jones Sustainability Index,
    focuses its environmental initiatives on sustainable forest management,
    recycling and pollution reduction, as well as the promotion of environmental
    issues and the creation of markets for environmentally-preferable products.

    Beyond its industry-leading 35% post consumer waste content paper, Office
    Depot offers thousands of products containing recycled materials. In January
    2005, the company issued its Green Book catalog of environmentally-preferable
    products to U.S. contract customers. The 84% increase in
    environmentally-preferable products highlighted in the 2005 edition, includes
    paper; pens; energy-efficient computer displays, printers and light bulbs; toner
    cartridges; and biodegradable packing materials. Businesses can obtain a free
    copy of the Green Book through Office Depot’s environmental Web site at

    The Green Book itself is the only environmentally-preferable office products
    catalog printed on elemental chlorine-free 100% PCW recycled paper and is
    distributed to more than 40,000 organizations to help easily “green” their
    office supply purchasing process.

    The “America’s Marketplace Recycles!” Awards program featured seven
    categories, including Best New Recycling Program; Best Expansion of an Existing
    Recycling Program; Outstanding Retailer; Outstanding Mall Owner/Developer; Best
    Public Awareness Campaign/Promotional Event; Best Community
    Partnership/Beneficial Use of Funds; and Most Innovative Recycling Program. In
    addition, a single program was selected as Recycler of the Year from among the
    overall nominations.

    For more information on Office Depot’s environmental
    initiatives, visit http://www.officedepot.com/environment.

    About Office Depot

    With annual sales approaching $14 billion, Office Depot provides more office
    products and services to more customers in more countries than any other
    company. Incorporated in 1986 and headquartered in Delray Beach, Florida, Office
    Depot conducts business in 23 countries and employs 47,000 people worldwide. The
    Company operates under the Office Depot®, Viking Office Products®, Viking
    Direct®, Guilbert®, and Tech Depot® brand names.

    Office Depot is a leader in every distribution channel – from retail stores
    and contract delivery to catalogs and e-commerce. With $3.1 billion in online
    sales in FY’04, the Company is the world’s number three Internet retailer. As of
    March 26, 2005, Office Depot has 995 retail stores in North America in addition
    to a national business-to-business delivery network supported by 22 delivery
    centers and more than 60 local sales offices. Internationally, the Company
    conducts wholly-owned operations in 14 countries through 77 retail stores and 26
    distribution centers, and operates 153 retail stores under joint venture and
    license arrangements in another seven countries.