The ODP Corporation Releases 2021 Sustainability Report
July 07 2021 - 9:00AM
Business Wire
Report Presents the Company’s Environmental,
Social and Governance (ESG) Practices and Goals
The ODP Corporation (NASDAQ:ODP), a leading provider of business
services, products and digital workplace technology solutions
through an integrated B2B distribution platform with an online
presence and approximately 1,100 stores, today announced the
release of the company’s 2021 Corporate Sustainability Report,
which provides information on environmental, social and governance
(ESG) practices and goals for Office Depot, CompuCom and Grand
& Toy.
“The ODP Corporation’s sustainability platform includes a
variety of programs and initiatives in place to support our
commitment to be a responsible corporation and help our suppliers
and customers do the same,” said Gerry Smith, chief executive
officer for The ODP Corporation. “I’m proud to close out our 2018
public-facing sustainability goals by exceeding our targets. We
will set new baselines with meaningful goals in regard to our
continued commitment to decreasing the company’s environmental
impact.”
The ODP Corporation’s 2021 Corporate Sustainability Report
highlights resiliency during the COVID-19 pandemic, with a focus on
associate well-being, as well as maintaining business operations.
The report also showcases the progress made on the company’s
public-facing sustainability goals around energy consumption,
transportation emissions and cube utilization:
- The company had already exceeded its goal in 2019 to reduce
energy consumption by 2021, with a 44% decrease in facility energy
consumption since 2016.
- Miles per gallon in Office Depot’s private fleet increased 18%
since 2018, exceeding the goal of 15%.
- Office Depot improved cube utilization by 14% since 2018,
exceeding the goal of 10%.
Other accomplishments highlighted in the 2021 report
include:
Planet:
- 11% reduction in GHG (greenhouse gas) emissions since 2019
- 15,365 MT waste diverted from the landfill
- Recycled more than 6 million pounds of e-waste from
customers
- The Office Depot Chemicals Management Policy was expanded and a
Beyond Restricted Substances List (BRSL) was published for the
first time in 2020.
People:
- Associate Resource Groups expanded to 14, with four new ARGs
established between Office Depot, CompuCom and Grand & Toy,
including groups for Asian Professionals, Men of Color, and Women
in Leadership.
- Over $10 Million worth of in-kind products were donated to
community organizations and $2 Million was donated directly to
COVID-19 relief programs.
- 18,000 fully stocked backpacks, gift cards and supplies were
given to students and teachers at 25 schools across the country
through the Office Depot Start Proud!® program.
Prosperity:
- By partnering with minority-, women-, veteran-, disabled-,
LGBTQ+ -owned and small businesses through Office Depot’s diverse
supplier program, diverse businesses reached $270+ million in spend
and sales.
- 31% of total Office Depot sales were greener products.
- The ODP Corporation created Elevate Together™ powered by Round
It Up America® – a nonprofit initiative designed to address
systemic discrimination by accelerating the creation, growth and
prosperity of Black- and Hispanic-owned small businesses.
For more information about sustainability at The ODP
Corporation, please view the full 2021 Corporate Sustainability
Report.
About The ODP Corporation
The ODP Corporation (NASDAQ:ODP) is a leading provider of
business services and supplies, products and digital workplace
technology solutions to small, medium and enterprise businesses,
through an integrated business-to-business (B2B) distribution
platform, which includes world-class supply chain and distribution
operations, dedicated sales professionals and technicians, online
presence, and approximately 1,100 stores. Through its banner brands
Office Depot®, OfficeMax®, CompuCom® and Grand&Toy®, as well as
others, the company offers its customers the tools and resources
they need to focus on their passion of starting, growing and
running their business. For more information, visit
news.theodpcorp.com and investor.theodpcorp.com.
The ODP Corporation and Office Depot are trademarks of The
Office Club, Inc. OfficeMax is a trademark of OMX, Inc. CompuCom is
a trademark of CompuCom Systems, Inc. Grand&Toy is a trademark
of Grand & Toy, LLC in Canada. ©2021 Office Depot, LLC. All
rights reserved. Any other product or company names mentioned
herein are the trademarks of their respective owners.
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Rebecca Rakitin
561-438-1450 Rebecca.Rakitin@officedepot.com
Danny Jovic 561-438-1594
Danny.Jovic@officedepot.com
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