Staples says to sell environment-friendly products
Date: 15-Nov-02
Country: USA
Staples said customers who turn in empty printing ink jet cartridges at its more than 1,400 stores will get a free ream of its private-label copy paper, with 30 percent recycled content. The offer goes through Nov. 16.
Staples, which ranks behind industry leader Office Depot Inc. , said its forest protection initiative would be underpinned by a promotion of recycled content products, chain-wide recycling initiatives, energy conservation programs and educational initiatives for customers and employees.
The initiative announced on Tuesday comes at a time when environmental groups are urging big business to integrate environmental protection measures into their business plans to help save natural resources.
Staples said in a statement it currently offers about 1,000 recycled content products - from copy paper to corrugated boxes to remanufactured ink cartridges.
Shares of Framingham, Massachusetts-based Staples closed on Tuesday at $15.25 on the Nasdaq stock market, where they have traded between $11.68 and $22.45 over the past 52 weeks.
