Hoboken, N.J., February 21, 2008 John Wiley & Sons, Inc. (NYSE: JWa), (NYSE: JWb), today announced that it is renewing the commitment to neutralize the carbon impact of its worldwide operations that were formerly part of Blackwell Publishing, which Wiley acquired in February 2007.
In addition to offsetting the carbon footprint of 10 offices around the world, it is also compensating for the CO2 emissions that result from the global product shipments from this part of the business. This renewal reinforces the companys leadership role in addressing climate change; Blackwell Publishing, which was acquired by Wiley in February 2007, was the first global publisher to become carbon neutral in 2006.
As we mark the anniversary as our first year as Wiley-Blackwell, renewing our carbon neutral commitment was an obvious decision, said Eric A. Swanson, Senior Vice President, Wiley-Blackwell. This environmental stewardship aligns with our responsibility to all of our global customers, authors, society partners, and colleagues. In addition, Wiley is looking to expand this effort by exploring a wide portfolio of environmental and corporate responsibility initiatives for the entire corporation.
Carbon neutrality involves taking inventory of an organizations carbon dioxide emissions, and then implementing strategies to reduce and eliminate unavoidable emissions. Wiley-Blackwell has partnered with Carbonfund.org to purchase investments in a portfolio of renewable energy, energy efficiency, and reforestation projects.
Carbonfund.org applauds Wiley-Blackwells continued leadership and commitment to addressing the problem of climate change, said Carbonfund.org Executive Director Eric Carlson. Wiley-Blackwells carbon reduction and offset program serves as an example for the rest of the scholarly publishing industry.
|Contact: Ginny Foley|
Blackwell Publishing Ltd.