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July 15th, 2009
Employees of Xerox Corporation (NYSE:XRX) have demonstrated once again that what is good for the environment is also good for business. The company's 16th annual Earth Awards honored projects from around the globe that collectively totaled $7.3 million in cost savings, more than 1.3 million pounds in waste elimination, and 500,000 KWH in energy reduction.
"The Earth Awards program is a solid example of living our values. Every day Xerox people do their part to protect the environment while driving business results. Each of the innovative Earth Award projects delivers a clear benefit to the environment, the business and our people," said Patty Calkins, Xerox vice president, Environment, Health and Safety.
For 2009 there were a total of 20 award winners. Some examples of winning projects include:
Mississauga, Canada: Reinvented a process to manufacture EA toner, or emulsion aggregation (EA) technology, a Xerox patented nanotechnology- based process that yields sharper image quality, higher reliability, and reduced toner usage in an energy efficient manufacturing process. The new process improved the amount of time it took to create the product, drastically reduced the amount of water used and increased product yield. The new process saves Xerox more than $140,000 a year.
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