Smurfit-Stone Container Corporation has pledged to slash its greenhouse gas emissions to 6% below its baseline by 2…
Smurfit-Stone Container Corporation has pledged to slash its greenhouse gas emissions to 6% below its baseline by 2010. The company became a member of the Chicago Climate Exchange (CCX), a self-regulatory exchange that administers a voluntary, legally binding program for reducing and trading greenhouse gas emissions in North America.
Smurfit-Stone demonstrates environmental responsibility everywhere we operate, said Patrick J. Moore, chairman and CEO. We intend to be at the forefront of environmental issues. We recognize that environmental compliance and stewardship are critical as we strive to become the safest and most profitable company in our industry, and we are proud to be part of an organization whose members are committed to reducing greenhouse gas emissions and making positive contributions to climate change issues.
The baseline measurement period is an average of the years 1998-2001. The National Association of Securities Dealers will manage verification, which regulates the securities industry, including the NASDAQ stock market.
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