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Corporate Express Purchases Renewable Energy Credits (RECs) from 3Degrees
Corporate Express US To Buy Renewable Energy Credits
Nov 14, 2007 (financialwire.net via COMTEX) -- Corporate Express US Inc. unit is purchasing 100% renewable energy credits for its Colorado facilities, including its headquarters in Broomfield and Northglenn, customer service and distribution centers in Aurora, and breakpoint distribution facility in Colorado Springs. Corporate Express employs around 2,000 employees in Colorado.
The company has purchased renewable energy credits from 3Degrees, a climate solutions company that enables businesses and consumers to participate in the market for clean, renewable energy from sources including wind, biomass, geothermal, low-impact hydro and solar energy.
Corporate Express said it expects that the move will minimize the carbon footprint of the company's facility operations in Colorado, preventing around 6,000 metric tons of CO2 from entering the earth's atmosphere annually, the environmental equivalent to taking more than 1,300 cars off the road for one year or the electricity used by almost 800 households annually.
The Center for Resource Solutions certifies all renewable energy credits provided by 3Degrees through its Green-e program. The center is a non-profit player in third-party certification and verification of renewable energy products. The Green-e standard, recommended by the US Environmental Protection Agency's Green Power Partnership, is the quality standard for voluntary renewable energy markets in the US.
Netherlands-based Corporate Express NV posted 2006 annual sales of EUR 6.3 billion. The company has a global distribution network spanning North America, Europe and Australia, has close to 19,000 employees, and operations in twenty countries.
Libby Klitsch, lklitsch@3degreesinc.com