Office Depot (NYSE:ODP), a leading global provider of office products and services, today released its 2008 Corporate Citizenship Report, entitled: “Taking Care of Business, People and the Planet.” The report is a manifestation of Office Depot’s core Values - Integrity, Innovation, Inclusion, Customer Focus, and Accountability - and showcases the many Company initiatives around the world which underscore them.
The Office Depot Corporate Citizenship Report covers activities in the 2007 calendar year and measures Company data against guidelines established by the Global Reporting Initiative (GRI). Additionally, select data has been reviewed by PricewaterhouseCoopers – ensuring both the accuracy of the information and its comparability with similar documents produced by the global business community.
“The report reflects Office Depot’s ongoing transparency and accountability to the highest standards of corporate citizenship,” said Steve Odland, Chairman and CEO of Office Depot. “It is full of rich data and poignant examples which highlight the many ways in which Office Depot and our associates around the globe are living the Company’s Vision and Values.”
The Office Depot Corporate Citizenship Report is available in print by request and online at www.officedepot.com/corporatecitizenship. Highlights include:
- Taking Care of Business: Office Depot’s
commitment to women’s and multicultural
initiatives as well as to governance and ethics.
- 18 new companies were added to the Office Depot Supplier Diversity Program
- 100% compliance with Code of Ethics training requirement in the US
- Taking Care of People: Office Depot’s
commitment to the communities we serve and to the associates who fuel
our success.
- $27,185,900 was given through both cash and in-kind donations in 2007
- 2,229 charities were assisted by the Office Depot Foundation
- Taking Care of the Planet: Office Depot’s
commitment to an environmental vision to increasingly buy green, be
green and sell green.
- Buy Green: Office Depot purchased recycled copy paper containing an average of 32% post-consumer recycled content for internal use
- Be Green: 9.6% absolute reduction in greenhouse gas emissions associated with US transportation; close to 50% of materials recycled, rather than sent to a landfill in North America
- Sell Green: $1.6 billion estimated total sales of environmentally preferable products represented in the 2007 Green Book in the US and Europe
For information on Office Depot’s philanthropic efforts and the Office Depot Foundation, visit www.community.officedepot.com and www.officedepotfoundation.org. An overview of Office Depot’s code of ethics is available here. For details on Office Depot’s vendor and supplier diversity program, click here. For more information on Office Depot’s environmental initiatives, click here.
About Office Depot
Every day, Office Depot is Taking Care of Business for millions of customers around the globe. For the local corner store as well as Fortune 500 companies, Office Depot provides products and services to its customers through 1,705 worldwide retail stores, a dedicated sales force, top-rated catalogs and a $4.9 billion e-commerce operation. Office Depot has annual sales of approximately $15.1 billion, and employs about 49,000 associates around the world. The Company provides more office products and services to more customers in more countries than any other company, and currently sells to customers directly or through affiliates in 48 countries.
Office Depot’s common stock is listed on the New York Stock Exchange under the symbol ODP and is included in the S&P 500 Index. Additional press information can be found at: http://mediarelations.officedepot.com.
2008 Corporate Citizenship Report | ||
Taking Care of Business, People and the Planet | ||
About the Report: | ||
The 2008 Office Depot Corporate Citizenship Report highlights Office Depot's commitment to Taking Care of Business, People and the Planet around the world. The report underscores Office Depot's Values of Integrity, Innovation, Inclusion, Customer Focus, and Accountability and showcases activities and initiatives from the 2007 calendar year. | ||
By the Numbers: | ||
1: | First major office products company to launch a dedicated global private brand of environmentally preferable supplies, Office Depot Green | |
1.6: | Estimated total sales in billions of dollars of environmentally preferable office supplies which were offered through the Green Book in the US and Europe | |
9.6: | Absolute percentage reduction in greenhouse gas emissions associated with US transportation | |
10: | The number of languages in which Office Depot translated the Company's Code of Ethical Behavior | |
18: | New companies added to the Office Depot Supplier Diversity Program | |
25: | The percentage increase from 2006 to 2007 in spending with Historically Underutilized Businesses (HUBs) through global procurement solutions - from $42 million to $52.5 million | |
38: | Percentage in green spend at the Office Depot's global headquarters based on purchases from the 2007 Green Book | |
71: | Percentage of materials which were recycled versus sent to a landfill across Europe | |
100: | Percent compliance with Code of Ethics training requirement in North America | |
2,229: | Number of charities assisted by the Office Depot Foundation | |
5,200: | Number of active SKUs with green attributes sourced by Office Depot for resale in the US | |
10,000: | Number of backpacks the Office Depot Foundation donated to greater New Orleans, allowing for every child in grades Pre-K through 5 to go back to school with a new backpack | |
300,000: | Number of backpacks containing essential school supplies donated by the Office Depot Foundation to deserving children | |
27,185,900: | Total cash and in-kind donations given by the Office Depot Foundation | |
535,000,000: | Number of products sold by Office Depot from woman-owned companies and other HUBs in 2007 alone |
Contacts:
Melissa Perlman, 561-438-0704
Melissa.Perlman@officedepot.com
or
Office
Depot
Mindy Kramer, 561-438-4276
Mindy.Kramer@officedepot.com