We design our products to be energy-efficient and to have a minimal environmental impact at every stage from manufacturing and distribution to eventual return and recovery. We also work continuously to improve energy efficiency in our facilities and operations. We measure our carbon footprint and seek ways to reduce it. We promote environmentally responsible practices in paper procurement and print production.

Carbon Footprint
In 2007, we established our baseline carbon footprint using the World Resources Institute standard. We publicly report our carbon footprint through the international Carbon Disclosure Project (CDP). In 2007, we established our baseline carbon footprint using the World Resources Institute standard. We publicly report our carbon footprint through the international Carbon Disclosure Project (CDP)[link www.cdproject.net]. In October 2010, a third-party consultant validated our methodology for the collection and reporting of carbon emissions following an extensive review.

Reducing consumption
Pitney Bowes is committed to making all its operations greener and more efficient. Our cross-functional Energy Task Force has raised employee awareness about energy conservation and led to significant reductions in electricity consumption. Through the end of 2010 we reduced our electricity consumption by more than 10 million kilowatt hours from our 2007 baseline, saving $1.8 million and reducing our carbon footprint by 6800 metric tons of CO2. Energy-saving initiatives have included better lighting systems, improved heating, ventilation and air conditioning controls, more efficient chillers, conveyors and computer monitors, and the use of motion sensors to shut off lights in unused spaces. In 2010, these efforts focused on site consolidation as part of the company's strategic transformation initiative. With a reduced building footprint, we were able to reduce related energy consumption by more than 1.9 million kilowatt hours.

We are a founding member of the Green Power Market Development Group, an industry partnership with the U.S. Environmental Protection Agency (EPA) to promote the development and purchase of alternative energy. Since 2003 we have purchased renewable energy credits (RECs) to support green power projects using technologies such as solar, wind and biomass. So far, our RECs have resulted in more than 22,800 metric tons of CO2 emission reductions. In 2010, our purchases of Green-e® certified RECs helped reduce CO2 by 6,300 metric tons.

Waste Management & Recycling
Since 1996 Pitney Bowes has taken part in the EPA's WasteWise Initiative, a voluntary program to minimize the generation of wastes, increase recycling and promote the manufacture and purchase of products with recycled content. We now participate at all of our major sites in the U.S., our two largest sites in Canada and our main office complex in Harlow, U.K. Over the years we have received nine awards from the EPA, including designation as Program Champion and Partner of the Year. In 2008, we were named to the WasteWise Hall of Fame for our leadership in recycling. According to the EPA, our waste reduction campaign resulted in the avoidance of more than 16,635 metric tons of CO2 in 2010 alone.

Forest Products Purchasing and Sustainable Forestry
As a leader in the mail and document management industry, we are committed to using paper and cardboard responsibly and preserving the world's natural resources. We promote sustainable forestry and certification programs such as those of the Forest Stewardship Council (FSC), Sustainable Forestry Institute (SFI), Canadian Standards Association and Programme for the Endorsement of Forest Certification (PEFC). Internally, we have completed a baseline analysis of our use of sustainable and recycled materials and are establishing metrics to drive increased sourcing of paper and cardboard from companies committed to responsible resource stewardship. Our public literature, catalogs and direct mailings include the "Recycle Please" logo. In 2010, we purchased nearly 10,000 tons of paper, more than 76% percent of it from certified sources, and established a comprehensive baseline to simplify such calculations in the future.

Global Environmental, Health and Safety Management System
We recognize that a robust Environment, Health and Safety (EHS) process requires a clearly defined policy based on our core values. In 2009, we issued a new integrated global EHS policy that strengthens accountability and moves beyond compliance to encourage leadership on EHS matters throughout the company. The policy outlines our commitment to minimizing the environmental impact of our products and actions, our expectation that all injuries are preventable, and our determination to hold each employee accountable for following appropriate health, safety and environmental practices. By the end of 2009, we had also released or updated 34 worldwide technical standards in support of the new policy. In 2010 we completed 24 EHS compliance reviews of our most significant businesses, assessing both regulatory compliance and adoption of our management systems practices. These reviews continue in 2011 and include our suppliers and recycling partners in addition to our own operations.

Coalition for Energy and Environmental Leadership in Leased Space
Early in 2010 Pitney Bowes formed a coalition with DuPont, IBM, Fluor and the Switzer Group to drive greater availability of competitively priced leased space that is also energy-efficient and environmentally appropriate. The group has established an environmental checklist and agreed to use it as a standard part of future lease and lease renewal negotiations. Collectively, coalition members account for more than 25 million square feet of commercial space in the United States alone.