• Caterina Sullivan

Xerox 2018 Global Corporate Social Responsibility Report Showcases Commitment to Sustainability, Soc



Xerox (NYSE: XRX) published its 2018 Global Corporate Social Responsibility Report detailing the impact of the company's sustainability efforts across operations in 160 countries.

Highlights from this year's report include:

  • 100 percent of newly launched eligible Xerox products satisfied the Electronic Product Environmental Assessment Tool (EPEAT) and EPA ENERGY START eco-labels.

  • 100 percent of products and parts returned by customers at end-of-life, diverted from entering landfills. Instead, we remanufactured, reused, recycled or provided the waste to suppliers who converted it into an energy source.

  • Six percent of the U.S employee population are military veterans.

  • Nine percent of our total supplier spend is with small Tier I businesses, minority, woman or veteran-owned businesses.

  • Employees provided 91,000 hours to local community involvement projects.

Earlier this year, the company published the first ever 2018 Corporate Social Responsibility Progress Report, a data driven and evergreen summary of goals and performance in the environment, social and governance categories. The progress report was created to enhance stakeholder communications and provide an easy to use reference that will provide real time, updated data as well as goals for each category.

Xerox is announcing two new sustainability goals: reducing energy use by 25 percent and also by 2025, reducing greenhouse gas (GHG) emissions by 25 percent from the 2016 baseline.

"Xerox is an iconic company driven by innovation, the smart investments that create the products and services to help our customers be more productive, profitable and sustainable," said John Visentin, vice chairman and CEO, Xerox.

The Global CSR report focuses on how Xerox is constantly innovation for sustainable services and products to improve productivity through new technologies that connect the physical and digital worlds without adversely affecting the environment, human health and safety. As an example, Xerox launched a program "You print one, we'll plant one"; through a partnership with PrintReleaf, Xerox customers can reduce their overall environmental footprint and help global reforestation.

Annually, Xerox looks at its approach and performance in corporate social responsibility (CSR) activities supporting social, economic and environmental dimensions. This report was prepared in accordance with the Global Reporting Initiative (GRI) standards and aligns in part with the United Nations Sustainable Development Goals (SDGs) established in 2015.

For more information about Xerox's citizenship activities, visit www.xerox.com/citizenship.

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