Office Depot, Inc. (NYSE: ODP), a leading global provider of office supplies and services, today announced that it has released a new greener paper purchasing policy designed to increase its use and tracking of environmentally preferable paper products.
The new guidelines – drafted over a 12 month period with input from World Wildlife Fund (WWF), other Environmental Non-Governmental Organizations (ENGOs) and several paper suppliers – updates the Company’s 2004 paper policy. The updated policy has garnered support from a wide range of forest sector stakeholders. The policy scope includes all paper purchased or sold by Office Depot globally, with initial implementation focused on high volume categories such as copy paper and marketing papers, and a secondary focus on other paper-based office products and delivery packaging.
“At its core, this new policy is about clarity and implementation,” said Yalmaz Siddiqui, Senior Director, Environmental Strategy at Office Depot. “It builds from Office Depot’s leadership policy of the past but is now structured to allow better tracking of progress along a shades of green continuum. The detail we put into this policy reflects our significant commitment to bringing clarity to our question ‘what is greener paper’ - a question that has heretofore been surprisingly difficult to answer.”
"By continuing to strengthen and refine its purchasing policy, Office Depot is bolstering its commitment to help protect the world's forests," said Linda Walker, North America Manager of WWF’s Global Forest & Trade Network (GFTN), a program that engages with companies committed to responsible production and sourcing of forest products. “We applaud Office Depot’s commitment to Forest Stewardship Council (FSC) certification, transparency and publicly reporting its results.”
As an active GFTN participant, Office Depot agreed to update this policy, set targets, and publicly report on its progress toward responsible fiber sourcing goals. Highlights of the new paper policy, and major changes from the earlier version, include:
“By offering a clear perspective on how different papers are greener, our new paper policy allows our buyers and our customers to make informed decisions on their paper purchasing,” said Linda Boykin, Vice President of Merchandising for Office Depot.
Quotes from Selected Environmental Stakeholders
“Domtar is proud to supply Office Depot with high-quality, environmentally responsible paper and fully supports its new paper purchasing policy. Domtar’s commitment to forest certification, and FSC in particular, aligns ideally with Office Depot’s values. We look forward to working together to expand the market for certified paper products.”
Paige Goff, Vice President, Sustainability & Business Communications, Domtar
"Office Depot's updated paper policy reflects the importance of knowing what's in your paper and how to reduce your impacts on the world's forests. By aligning to aspects of the "Paper Steps" approach from the Environmental Paper Network (www.papersteps.org), Office Depot is employing a sophisticated, scaled approach to developing a responsible supply chain."
Joshua Martin, Director, Environmental Paper Network
"Office Depot's new purchasing policy sets an important precedent by recognizing the very real benefits unique to FSC and reflects a deep understanding of what it takes to protect forests for future generations. When companies ask us what a good forest policy should look like, we will point to Office Depot. The Forest Stewardship Council commends Office Depot for its forward-looking leadership."
Kim Carstensen, Director General, Forest Stewardship Council
“International Paper is pleased to see Office Depot’s paper purchasing policy continue to recognize the value of ‘certified’ fiber. We look forward to supporting the new policy with IP products that come from responsibly-managed forests. It is critical that we give land owners a strong incentive to continue growing and harvesting trees the right way.”
Teri Shanahan, VP Sustainability, International Paper
“New Leaf Paper applauds Office Depot for clearly differentiating light-, mid- and dark-green specifications and identifying the people in Office Depot who are accountable. This is sustainability 2.0, integrating the responsibility for environmental stewardship throughout the organization.”
Jeff Mendelsohn, Founder & Chair, New Leaf Paper
“The Sustainable Forestry Initiative (SFI) standard is recognized in Office Depot’s new paper procurement policy. We look forward to working with Office Depot through the SFI Standard Revision process to further elevate the recognition of the SFI Standard in Office Depot’s procurement policy.”
Kathy Abusow, President & CEO, Sustainable Forestry Initiative Inc.
About Office Depot
Office Depot provides core office supplies, the latest technology, school essentials, copy & print services, cleaning & breakroom products, and furniture to consumers, teachers and businesses of all sizes through 1,614 worldwide retail stores, global e-commerce operations, a dedicated sales force, an inside sales organization, and top-rated catalogs. The Company has annual sales of approximately $10.7 billion, employs about 38,000 associates, and serves customers in 60 countries around the world.
Office Depot’s common stock is listed on the New York Stock Exchange under the symbol ODP. Additional press information can be found at: http://news.officedepot.com.
Office Depot is also well regarded as an environmental leader having ranked as America’s #1 greenest large retailer in Newsweek Magazine’s annual green rankings in 2010, 2011 and 2012. Additional information can be found at: http://officedepotcitizenship.com/
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