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Eastman Kodak Saves $2 Million in Energy Costs in 2003 and Wins ENERGY STAR Award

Eastman Kodak Saves $2 Million in Energy Costs in 2003 and Wins ENERGY STAR Award

Published 10-22-04

Submitted by US EPA ENERGY STAR

WASHINGTON, DC - Eastman Kodak (NYSE: EK) was awarded a 2004 Award for Leadership in Energy Management by the U.S. EPA's ENERGY STAR Program. An ENERGY STAR award winner for the second consecutive year, Kodak continues to demonstrate the value of superior energy performance by achieving energy savings amounting to $2 million in 2003. Since baselining its energy consumption and greenhouse gas emissions (GHG) in 1997, the company has reduced its energy costs by $10 million annually and overall usage by more than 15%. Overall, Kodak's greenhouse gas emissions are down 17% from a 1997 baseline. The greenhouse gas emissions reductions associated with the 2003 energy performance improvements are equivalent to eliminating the emissions of 94,000 cars. Kodak's Energy Focus teams held more than 16 three- to five-day events, concentrating on specific opportunities to increase energy efficiency in a designated manufacturing process.

US EPA ENERGY STAR

US EPA ENERGY STAR

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