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Corporate Social Responsibility
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4.24.2007 - 11:25am ET
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Kimberly-Clark Issues Fourth Annual Sustainability Report
Company Reports Continued Progress in Sustainable Business Practices; Vision 2010 Program Drives Improved Environmental Performance
(CSRwire) DALLAS, TX - April 24, 2007 – Kimberly-Clark Corporation (NYSE:KMB) today
released its 2006 Sustainability Report, which describes the company's
recent achievements and future plans for improving environmental, economic
and social responsibility. The complete report and an executive summary are
available online at http://www.kimberly-clark.com/aboutus/sustainability.aspx.
The report illustrates how K-C integrates sustainability into its overall
approach to business. As an example, in 2006 Kimberly-Clark launched
Vision 2010, the third, five-year phase of a 15-year sustainability effort
that has yielded significant reductions in energy consumption, fresh water
usage, manufacturing waste landfilled and air emissions benefiting the
environment while reducing the company's operating costs. Among key
achievements over the past year, K-C:
- Reduced its energy use by 2 percent and increased efficiency by
approximately 3 percent.
- Decreased greenhouse gas emissions per ton of production at its
manufacturing operations by 2 percent.
- Increased the use of certified fiber in its products for the fourth
consecutive year, and updated its fiber procurement policy to maximize the
use of environmentally responsible wood fiber and provide that K-C will not
knowingly use fiber from forest areas requiring protection.
"The environmental and social challenges society will face in the coming
decades – from climate change and tighter regulations to growth in
developing markets – are real issues that will require changes in
behavior, new ways of operating and broader cooperation among individuals,
companies and governments," said Thomas J. Falk, Chairman and Chief
Executive Officer. "We are prepared to do our part to meet these
challenges."
The company's sustainable business practices go beyond environmental
performance to involve all aspects of its business. In 2006, K-C:
- Reinforced its commitment to progressive corporate governance
through by-law changes providing stockholders with a stronger voice in
electing company directors.
- Began developing sustainability guidelines for suppliers and
increased U.S. spending with minority-and women-owned businesses by 10
percent to further increase diversity in its supply chain.
- Decreased work-related injuries or illnesses resulting in days away
from work by 22 percent.
- Donated $24.3 million in cash and product, including employee giving,
to support partner charities and causes local to our global
operations.
In addition, Kimberly-Clark announced plans to create an external
Sustainability Advisory Board to provide an independent perspective and to
advise the company on its sustainability programs.
In 2006, K-C received recognition from several organizations as a leader
in corporate citizenship and sustainability. For the second straight year,
K-C ranked No. 1 among personal products companies in the Dow Jones
Sustainability World Indexes, which identify the leading
sustainability-driven companies in their sectors. K-C ranked in the top 1
percent of 3,800 global companies in a corporate governance survey
conducted by GovernanceMetrics International. The United Way of America
named K-C as a Summit Award recipient for its commitment to improving
lives in local communities, and the U.S. Chamber of Commerce Business
Civic Leadership Center cited the company for its international work with
UNICEF to help children orphaned by AIDS.
More recently, the company was placed among the top 15 companies in the
inaugural LOHAS (Lifestyles of Health & Sustainability) Index of 50
socially responsible companies based on a nationwide consumer survey. In
addition, CRO magazine ranked K-C 23rd on its list of "100 Best Corporate
Citizens" for 2007.
About Kimberly-Clark
Kimberly-Clark and its well-known global brands are an indispensable part
of life for people in more than 150 countries. Every day, 1.3 billion
people—nearly a quarter of the world's population—trust K-C brands and
the solutions they provide to enhance their health, hygiene and well-being.
With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend,
Kimberly-Clark holds the No. 1 or No. 2 share position in more than 80
countries. To keep up with the latest K-C news and to learn more about the
company's 135-year history of innovation, visit www.kimberly-clark.com.
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