ALPHARETTA, GA.—Neenah Paper Inc., a premium paper manufacturer, has joined the Chicago Climate Exchange (CCX). CCX is the world’s first and North America’s only voluntary but legally binding greenhouse gas emissions reduction, registry and trading program. By joining CCX, Neenah Paper has not only committed to tracking and reporting carbon dioxide emissions, but also to achieving a 6 percent reduction by 2010 versus their baseline.
CCX’s trading system establishes limits on overall emissions and sets company allowances for members. Businesses with emissions below their allowances can trade the remainder to other companies, whereas businesses that do not achieve their committed emissions levels must purchase credits.
“By joining the Chicago Climate Exchange’s growing program, Neenah Paper not only has committed to reducing emissions but has also agreed to be both transparent and accountable in regard to our sustainable practices and targeted improvements,” says Sean Erwin, CEO of Neenah Paper. “Neenah Paper is committed to the responsible stewardship of the environment and resources we use to provide products to our customers. As a leader in our markets, it is important to send a message to our employees, stakeholders and customers about our commitment to the systematic reduction of our environmental footprint.”
History of Environmental Stewardship
This is the latest step in Neenah Paper’s history of environmentally friendly actions and practices. Neenah has also committed to reduce its environmental footprint by using renewable energy sources, including Green Steam, as well as obtaining third-party certification by Green Seal, the Forest Stewardship Council and the Chlorine Free Products Assn. Neenah Paper is a member of the Environmental Protection Agency’s (EPA) Green Power Partnership and was recognized last year for its purchase of Green-e Certified renewable energy, making the company the largest purchaser of renewable energy in the state of Wisconsin at that time.
“Neenah Paper’s spirit of innovation has kept it ahead of the curve among sustainable businesses,” says Richard L. Sandor, CCX’s chairman and CEO. “Neenah serves as a beacon for other companies with their environmental initiatives to pursue the most cost-efficient way of reducing emissions, and therefore enhance relationships with customers, employees, governments and communities.”
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