Pitney Bowes Highlights Environmental, Diversity & Inclusion, and Community Progress in 2019 Corporate Responsibility Report
Pitney Bowes Inc. (NYSE:PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing and financial services, today announced the launch of its 2019 Corporate Responsibility Report (CSR), highlighting the company’s progress and accomplishments to create meaningful impact in local communities, reduce its impact on the environment, and strengthen its commitment to a diverse and inclusive company culture.
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2019 Pitney Bowes Corporate Responsibility Report (Photo: Business Wire)
“As we mark our 100-year anniversary, we are working hard to fuel a new century of client-centered innovation and responsible citizenship,” said Marc Lautenbach, CEO and President, Pitney Bowes. “Pitney Bowes entered its second century amidst a global pandemic that has challenged businesses, families, communities and governments everywhere to think and act in new ways.”
This year’s Corporate Responsibility Report contains a special section detailing what the Company has done and will continue doing in response to the COVID-19 virus.
Milestones and progress outlined in the 2019 Corporate Responsibility Report include:
Reducing our impact on the environment
- Green Power Program. In 2019, Pitney Bowes was listed by the U.S. Environmental Protection Agency as one of the “Green Power Partnership Top 30” in Tech & Telecom, which places it among the 30 largest U.S. green power users in that category.
- Reducing energy consumption. In 2019, Pitney Bowes achieved its 2020 carbon emissions target a full year ahead of schedule, and electricity consumption was down by approximately 34.7 million kilowatt hours from its 2007 baseline, saving $5.03 million and reducing our carbon footprint by 16,810 metric tons of CO2.
- Fleet efficiency and sustainability initiatives. Transportation and logistics are vital components of Pitney Bowes Commerce Services business, with a fleet encompassing more than 400 power vehicles, vans, straight trucks and tractors. As an EPA SmartWay Partner, the company has steadily improved the environmental performance of both its vehicles and its transportation network through a combination of hardware and software solutions, enabling its vehicles to avoid 300,000 miles of driving and save more than 30,000 gallons of fuel in 2019.
- Green remanufacturing. Pitney Bowes has a long legacy of product remanufacturing and recycling. It has established centers throughout the United States, Canada and Europe where clients return products for subsequent remanufacture, reuse of parts, or recycling. In 2019, equipment remanufactures diverted more than 498,000 pounds of waste from recycling to reuse. In total, Pitney Bowes’ remanufacturing process has kept more than 3.6 million pounds of products out of waste streams in the past eight years.
- Pitney Bowes is recognized with the 2020 Climate Leadership Award for Excellence in Greenhouse Gas Management from the U.S. Environmental Protection Agency and the Center for Climate Solutions, in recognition of its consistent success in improving energy efficiency and reducing our environmental footprint.
- Flexible work arrangements help lower our carbon footprint. Well before the COVID-19 pandemic transformed workplaces around the world, Pitney Bowes encouraged agile work as a means of saving time and reducing energy consumption, resulting in more than 14,000 fewer miles per employee not driven.
“Our environmental policies and practices constitute an essential part of our deep and lasting commitment to responsible corporate citizenship,” said Allison Bresloff, Director, Environmental, Health and Safety. “We consider the actual and potential impacts of climate-related risks and opportunities on our businesses and strategy, thinking about addressing climate-related risks and opportunities of importance to our clients, communities, employees and investors.”