Daily CSR
Daily CSR

Daily CSR

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‘Dow Jones Sustainability Index’ Includes Xerox’ Name



09/24/2015

The sustainable practices of Xerox have been aptly rewarded now for the consecutive two years.


Dailycsr.com – 22 September 2015 – This time Xerox found its name in the “Dow Jones Sustainability Index for North America” which made the company to acquire the title, now two times in a row. The index of Dow Jones Sustainability were launched in the year of 1999, whereby it began to evaluate the performance of “the largest 2,500 companies listed on the Dow Jones Global Total Stock Market Index”, studying them from the sustainability practices’ point of view.
 
Consequently, the selected companies that find their name enlisted as an indice which recognises its “industry-specific sustainability trends” along with social commitments which have proven at par with the standards of the index matching “long-term economic, environmental and social criteria”. The “Xerox Environment, Health, Safety and Sustainability(‘s)” vice president Diane O’Connor says:

“Inclusion in the Dow Jones Sustainability Index is a source of pride for our employees, building on our history and belief that sustainability is achievable with innovation and ingenuity”.
 
The company of Xerox continues to fulfil its commitments towards “environmental sustainability” from a long time, the attempts of which began to materialise almost thirty years ago. In the beginning, Xerox introduced “two sided copying” which was then followed by several “innovative solutions” including office equipments’ “power down mode” and remanufacturing electronics.
 
Moreover, on a more recent time scale, the company launched a “number of transportation solutions” like “Merge® smart parking system”, whereby enhancing urban mobility. The said system avails the “occupancy data from meters and sensors” and through comparison varies “pricing” in turn “availability”. On the other hand, the “Xerox Print Awareness Tool” allows the users to avail graphic displays of the “print usage” along with generating “eco-tips” that spreads “sustainability awareness and choices”.
 
Nevertheless, in the year of 2003, the company had committed publicly to cut down on its “Green House Gas (GHG) emissions”. As per record, the initial expectations were surpassed and the company managed to reduce thirty one percent of its energy consumption which resulted in a cut down of forty two percent of GHG emissions, equivalent to “210,000 tons of carbon dioxide”. The S&P Dow Jones Indices’ “managing director” cum the chairman of the “Index Committee”, David Blitzer informed:

“More and more, investors look at companies’ environmental policies and track records in making their investment decisions. The Dow Jones Sustainability Indices are comprehensive benchmarks that allow investors to gauge the collective performance of those companies.”
 
It is now the eight year in a row that Xerox retained “its position” creating yet another benchmark of corporate responsibility roles wherein the company complied with “FTSE4Good criteria”, engaged in “social and stakeholder” affair, and took “human rights and environmental actions”.
 
According to BusinessWire:
“Xerox is helping change the way the world works. By applying our expertise in imaging, business process, analytics, automation and user-centric insights, we engineer the flow of work to provide greater productivity, efficiency and personalization. We conduct business in 180 countries, and our more than 130,000 employees create meaningful innovations and provide business process services, printing equipment, software and solutions that make a real difference for our clients – and their customers.”