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Ten Major Corporations Pledge Greenhouse Gas Reductions

Release Date: 01/13/2004
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Environmental News

(01/13/2004) - 3M, International Paper, and Kodak are among 10 corporations announcing targets today to reduce greenhouse gas emissions under EPA’s ‘Climate Leaders’ – a voluntary program that works with companies to measure greenhouse gas emissions and set aggressive, long-term emissions reduction goals. The program also added 13 new companies – Caterpillar, Gap, Frito-Lay and Xerox among them. In its two years, Climate Leaders has grown to include 54 corporations whose revenues add up to more than 6 percent of the United States’ gross domestic product.

With today’s announcements, 20 of the 54 companies in Climate Leaders have set emissions reduction goals, which EPA estimates will prevent a total of 7.5 million metric tons of carbon equivalent per year. These reductions go beyond the expected rate of improvement in their respective industry sectors and are equal to the greenhouse gas emissions of five million cars per year.

The ten new reduction goals are:

• 3M of St. Paul, Minn. pledged to reduce total U.S. greenhouse gas emissions by 30 percent from 2002 to 2007
• Advanced Micro Devices, Inc. of Sunnyvale, Calif. pledged to reduce global greenhouse gas emissions by 40 percent per Manufacturing Index from 2002 to 2007
• American Electric Power of Columbus, Ohio pledged to reduce its total greenhouse gas emissions by 4 percent below an average 1998-2001 base year by 2006.
• Cinergy Corp. of Cincinnati, Ohio, pledged to reduce its total greenhouse gas emissions by 5 percent from 2000 to 2010.
• Eastman Kodak Company of Rochester, N.Y. pledged to reduce its total worldwide greenhouse gas emissions by 10 percent from 2002 to 2008.
• FPL Group Inc. of Juno Beach, Fla. pledged to reduce its greenhouse gas emissions by 18 percent per kilowatt-hour from 2001 to 2008.
• Interface, Inc. of Atlanta, Ga. pledged to reduce its U.S. greenhouse gas emissions by 15 percent per unit of production from 2001-2010
• International Paper of Stamford, Conn. pledged to reduce its total U.S. greenhouse gas emissions by 15 percent from 2000 to 2010.
• PSEG of Newark, N.J. pledged to reduce greenhouse gas emissions by 18 percent per kilowatt-hour from 2000 to 2008
• United Technologies Corporation of Hartford, Conn. pledged to reduce global greenhouse gas emissions by 16 percent dollar of revenue from 2001 to 2006.

Miller Brewing and General Motors were the first companies in the program to set reduction goals in March 2002.

The thirteen new Climate Leaders Partners are: 3M Company, St. Paul, Minn.; American Electric Power, Columbus, Ohio; Calpine Corporation, San Jose, Calif., Caterpillar Inc., Peoria, Ill.; The Collins Companies, Portland, Ore.; Frito-Lay, Plano, Texas; Gap Inc., San Francisco, Calif.; NiSource Inc, Merrillville, Indiana; Polaroid Corporation, Waltham, Massachusetts; Praxair, Inc., Danbury, Connecticut; Roche Group U.S. Affiliates, Basel, Switzerland; Tenneco Automotive, Lake Forest, Ill.; and Xerox Corporation, Stamford, Conn. 3M and American Electric Power announced both their membership in Climate Leaders and their greenhouse gas reduction goals today. Working with EPA, the remaining companies will complete their greenhouse gas inventories and develop emissions reduction targets. These targets must be aggressive, long-term, and exceed business-as-usual performance for the partner’s industry sector.

Partner companies report emissions of the six major greenhouse gases from all major on-site emissions of greenhouse gases and emissions related to the electricity they purchase. Companies may also report emissions and reductions from a number of other activities including investments in offset projects.

More information on EPA’s Climate Leaders program is available at: https://www.epa.gov/climateleaders/ .