We recognize that one of the most significant challenges paper companies face in meeting Xerox’s requirements will be to demonstrate that they are safeguarding forest areas of significant ecological or cultural importance. Xerox fully supports multi-stakeholder efforts to develop information sources and tools that will help suppliers identify these areas on their own forestlands and in their procurement of wood raw materials from third party lands. Xerox expects its suppliers to take full advantage of these resources as part of their sustainable forestry efforts. Xerox has provided a $1 million grant payable over three years to fund efforts to advance the practice of sustainable forest management. The Xerox – Nature Conservancy partnership will focus on forest management in Brazil, Canada, Indonesia, and the U.S. The project will identify and promote best practices that will enable environmental scientists, forest managers, and paper suppliers to work cooperatively towards sustainable forest management. Recycled Paper Recycled products are designed for optimal performance in Xerox equipment and are required to meet the same strict performance specifications as virgin products. Xerox offers multipurpose papers with up to 100% post-consumer recycled content. Transparencies, tabs, colored papers, and several premium products designed especially for digital color printing applications contain 20-30% recycled content. Xerox has recently expanded our offerings with Xerox Multipurpose Brights and the extended Multipurpose Pastels product line containing additional weights and colors – all with 30% post consumer waste. We will continue to review our product portfolio as well as investigate opportunities for environmental certification in 2007. |