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Corporate Social Responsibility
News
11.23.2005 ET
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CSR News from:
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Green Mountain Coffee Roasters
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News Category:
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Green Mountain Coffee Roasters Receives 2005 Green Power Leadership Award
(CSRwire) WATERBURY, Vt.--(BUSINESS WIRE)--Nov. 23, 2005--Green Mountain
Coffee Roasters, Inc. (NASDAQ: GMCR) is a recipient of a 2005 Green Power
Leadership Award for its commitment to purchasing renewable energy. The
annual awards, presented during the Green Power Marketing Conference, are
sponsored by the U.S. Environmental Protection Agency (EPA), the U.S.
Department of Energy (DOE), and the Center for Resource Solutions (CRS) to
recognize organizations whose actions help advance the development of the
nation's green power market.
The Green Power Leadership Awards for green power purchasers is a
component of the U.S. EPA's Green Power Partnership, a voluntary pro gram
providing technical assistance and public recognition to organizations
that switch to green power for a portion of their electricity needs. The
purchaser awards fall into three categories:
On-site Generation, Green Power Purchasing, and Green Power Partner of the
Year.
The Green Power Purchasing award was presented to Green Mountain
Coffee Roasters after a panel of eight judges reviewed nearly 70
nominations based on criteria ranging from the amount of renewable
electricity purchased or generated to each organization's strategy for
incorporating green power into its operations and communications.
"We applaud Green Mountain Coffee for its environmental leadership,"
said Kurt Johnson, director of EPA's Green Power Partnership. "The company
is providing an outstanding example for others to follow."
Paul Comey, Vice President of Environmental Affairs at Green Mountain
Coffee Roasters said, "We are proud of what we have accomplished relating
to our power needs, and we look forward to working with others to continue
to use our shared energy resources in a sustainable manner."
Green Mountain Coffee Roasters recently achieved its goal of 100 percent
carbon neutral operations through renewable energy purchases.
In addition to addressing electricity usage, the company has also offset
the environmental effects of fossil fuel use for roasting its coffee,
delivery of products by company-owned vehicles, heating its facilities,
business travel and employee commuting.
Green Mountain Coffee Roasters, Inc. is a leader in the specialty
coffee industry and offers over 100 coffee selections including estate,
certified organic, Fair Trade Certified(TM), signature blends, and
flavored coffees that it sells under the Green Mountain Coffee
Roasters(R) and Newman's Own(R) Organics brands. While the majority of
Green Mountain Coffee's revenue is derived from its wholesale operations,
the Company also operates a direct mail business and an e-commerce website
(www.GreenMountainCoffee.com) from its Waterbury, Vermont headquarters.
Each year the Company contributes at least five percent of its pre-tax
profits to support socially responsible initiatives. Based on its
performance, Green Mountain Coffee Roasters has been recognized for the
past six years as one of Forbes Magazine's "200 Best Small Companies," for
the past three years in the top ten on Business Ethics magazine's list of
"100 Best Corporate Citizens," and for the past two years as one of the
Society of Human Resource Management's "Best Medium Companies to Work for
in America."
Copyright Business Wire 2005
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