Steelcase Inc. : RELEASES LATEST CORPORATE SUSTAINABILITY REPORT
January 25, 2013 at 12:18 pm
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Company Continues Progress in Areas Ranging from Sustainable Manufacturing to Community Investment and Employee Wellbeing
GRAND RAPIDS, Mich., January 24, 2013 - Steelcase Inc. (NYSE:SCS) today released its 2012 Corporate Sustainability Report. Titled "+Promise," the report details the company's efforts to incorporate responsible business practices, as well as its commitment to contribute to the social, economic and environmental conditions necessary for people to reach their full potential. This is the most comprehensive CSR report the company has produced to date.
"We're proud to release our latest CSR report. We see this as an authentic action to make transparent our commitment to sustainability," said Jim Hackett, president and CEO of Steelcase Inc. "The celebrations surrounding our recent centennial anniversary heavily considered the prospect of existing yet another 100 years. We realize that the footprint of how we behave is permanent and while perfection is difficult to attain, the employees of our company are intensely passionate about doing an outstanding job in the area of sustainability."
The 2012 Corporate Sustainability Report provides a synthesis of policies, stories, key performance indicators, and global practices as well as conveys the social performance-- within the company's business and in communities around the world. Highlights from the +Promise 2012 report include:
• 37% reduction in greenhouse gas emissions between calendar year (CY) 2006 and 2011
• 54% reduction in water consumption between CY 2006 and 2011
• 23% reduction in waste between CY 2006 and 2011
• 53% reduction in VOCs between CY 2006 and 2011
• 25% (equivalent) of U.S. electricity usage came from Wege Wind Farm
• Millions of dollars were donated by Steelcase and The Steelcase Foundation to support communities where we live and work
• 5,361 volunteer service hours were donated by employees globally
Looking forward, the company plans to reduce its global environmental footprint by another 25% by 2020. Steelcase also plans to expand its sustainability practice and reporting capabilities to capture metrics for areas not addressed before and refine existing metrics for global accuracy. These additional efforts serve as an affirmation of the company's commitment to, and focus on, sustainability performance as a test of business fitness.
About Steelcase Inc.
For 100 years, Steelcase Inc. has helped create great experiences for the world's leading organizations - wherever work happens. Steelcase and our family of brands - including Steelcase®, Coalesse®, Designtex®, Details®, Nurture®, PolyVision® and Turnstone® - offer a comprehensive portfolio of furnishings, products and services designed to unlock human promise and support social, economic and environmental sustainability. We are globally accessible through a network of channels, including approximately 650 dealers. Steelcase is a global, industry-leading and publicly traded company with fiscal 2012 revenue of $2.75 billion.
Contact:
Laura Van Slyke
616.262.3091
lvanslyk@steelcase.com
Steelcase Inc. is engaged in furnishing the work experience in office environments. The Company, through its brands Steelcase, AMQ, Coalesse, Designtex, HALCON, Orangebox, Smith System and Viccarbe, offers a comprehensive portfolio of furniture and architectural products and services designed to help customers create workplaces. Its furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches and tables and complementary products such as work accessories, lighting, mobile power and screens. Its seating products include task chairs that are ergonomic, seating that can be used in collaborative environments and casual settings, and specialty seating for specific vertical markets such as education and healthcare. Its interior architectural products include full and partial height walls and free-standing architectural pods. Its services include workplace strategy consulting, lease origination services and furniture and asset management.