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Kinko's Increases Green Power Use Nearly 80% in Four New States

Tuesday, October 21, 2003

Press release from the issuing company

DALLAS, Oct. 20 -- Kinko's, Inc., today announced substantial new green power and green tag agreements that raise the company's estimated annual renewable power purchases nearly 80 percent to more than 27 million kWh in 18 states. The deals include Kinko's first purchases in North Carolina, South Carolina, Wyoming and Virginia. Forty-five Virginia, North Carolina, and South Carolina Kinko's branches now purchase 100 percent of their electricity demands, approximately 13.9 million kWh, through 3 Phases Energy Services Green Certificates, which are generated by biomass projects. In addition, South Carolina's public power electric utility, Santee Cooper, supplies renewable power to another Kinko's location. In Wyoming, two locations serviced by Utah Power and Pacific Power have switched to the Blue Sky renewable program offered by these utilities. Also this summer, Kinko's expanded its green power purchases in Colorado with 17 more locations switching a portion of their power needs from Kinko's for a total of 28 branches in the state. More than 25 percent of Kinko's U.S. branches now buy power from renewable sources including 71 locations now fulfilling 100 percent of their energy demands with green power. As a result, Kinko's now helps avert more than 31 million pounds of carbon dioxide (CO2) emissions each year. The renewable power used by Kinko's on an annual basis is now equivalent to the power used by over 3,000 U.S. households every year. "Kinko's Global Commitment sets standards for incorporating sustainable business practices that generate economic, social and environmental value today and for future generations," said Larry Rogero, director of environmental affairs for Kinko's. "Building our renewable energy use is a cornerstone to our growing sustainability efforts. Green power purchases reduce our environmental footprint and set a positive example for our team members, our customers and our communities." "Kinko's continued expansion of its green power purchase represent the company's continued leadership in the pursuit of sustainable business practices," said Jonathan Lash, President of World Resources Institute (WRI). WRI is an environmental think tank that convenes the Green Power Market Development Group (www.thegreenpowergroup.org ), a collaboration of WRI, Kinko's, and other leading corporations dedicated to building corporate markets for green power. "WRI encourages other companies considering sustainable business practices to explore the benefits of similar commitments."

 

 

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