September 26, 2007

Office Depot Releases Corporate Citizenship Report, Announces Green Building Plans

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Office Depot released its 2007 Corporate Citizenship Report, “Fulfilling Our Vision – Living Our Values.”

The Corporate Citizenship Report is a combined version of Office Depot’s past Community Relations, Environmental Stewardship and Sustainable Value Reports.

According to the report, the company reduced absolute greenhouse gas emissions from North American facilities by over 10% while increasing facilities 4.5%.

The company also reports that it:

• Saved nearly 66 million kWh of electricity due to energy efficiency and conservation efforts in North American warehouses and stores;
• Avoided approximately $6.2 million in electricity costs due to energy efficiency and conservation efforts in North American facilities; and
• Retrofitted nearly entire store chain (1,186 stores in North American) to T5 high-output lighting; and

The Company also announced it will open its first LEED-certified retail store in Austin, Texas in mid-2008. The company will “investigate” having its store prototype LEED-certified as well.

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