June 4, 2008

JCPenney Releases First CSR Report

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During the first year of a four-year energy awareness campaign, JCPenney says it saved enough energy to fuel 55 of its stores for one month, according to the company’s first CSR report.

JCPenney says it is investing more than $30 million to install or improve its heating, ventilation, air conditioning equipment and lighting control systems in most of its stores, which it expects to reduce energy consumption by more than 10 percent.

Over the past five years, JCPenney has invested more than $75 million to install energy management technology, lighting retrofits and high-efficiency HVAC systems in stores, according….

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