Recognizing our obligation to do even more, Xerox will set a new and challenging
goal to reduce our carbon footprint. Our intention is to announce this new goal
by the end of 2007.

Greenhouse Gas Inventory
In keeping with the international guidelines of the Greenhouse Gas Protocol
developed by the World Resources Institute and the World Business Council for
Sustainable Development, Xerox expresses its carbon footprint in terms of carbon
dioxide equivalents (CO2e). In fact, carbon dioxide accounts for more than 99%
of its greenhouse gas emissions.
Xerox's greenhouse gas inventory includes direct emissions from the combustion
of fossil fuels, primarily natural gas, and indirect emissions from purchased
electricity and steam at our manufacturing sites, offices and warehouses. The
inventory also includes the combustion of gasoline and diesel fuels in our service
and sales vehicle fleet. Xerox's inventory does not yet include optional sources
such as employee business travel, contract manufacturing or outsourced
product distribution.
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