ConAgra Foods Announces Participation in Carbon Disclosure Project; Has Joined EPA's Climate Leaders and ENERGY STAR(R) Programs
August 21 2008 - 9:00AM
Business Wire
ConAgra Foods, Inc. (NYSE: CAG) announced today its participation
in several new programs designed to reinforce the company�s
commitment to reducing energy consumption and greenhouse gas
emissions. Specifically, ConAgra Foods announced it has joined the
Environmental Protection Agency�s (EPA) Climate Leaders and ENERGY
STAR� programs and, for the first time, participated in the Carbon
Disclosure Project, with results to be published in September of
this year. �Participation in these programs publicly demonstrates
ConAgra Foods� commitment to taking climate change seriously and
doing our part to reduce greenhouse gas emissions,� said James
Lime, vice president of Environment, Health and Safety, ConAgra
Foods. �Our energy conservation efforts are part of our corporate
citizenship responsibilities and critical to our success as a
business.� �EPA congratulates ConAgra Foods for joining both the
Climate Leaders and ENERGY STAR programs,� said Robert J. Meyers,
Principal Deputy Assistant Administrator, EPA's Office of Air and
Radiation. �We look forward to working with representatives from
ConAgra Foods to reduce the company�s greenhouse gas emissions and
help protect the environment.� ConAgra Foods is also pursuing
energy and greenhouse gas reduction projects aimed at minimizing
the carbon footprint of the company�s manufacturing operations.
ConAgra Foods� Lamb Weston business, for example, has purchased
renewable energy certificates, known as �Green Tags,� from the
non-profit Bonneville Environmental Foundation (BEF). These Green
Tags will offset 100 percent of the electricity used to power Lamb
Weston�s administrative offices in Kennewick and Richland, Wash.,
and Eagle, Idaho, as well as the electricity used to produce 30
million pounds of ConAgra Foods� Alexia-branded organic and
naturally processed potato products. In total, the Green Tags equal
16,656,000 kilowatt-hours of wind energy entering the national
electricity grid. �This is one of many Lamb Weston initiatives
designed to ensure that we preserve and protect vital natural
resources by minimizing energy and water usage, and by reducing
waste and pollution,� said Mark Hayden, senior vice president of
Sales and Supply Chain, ConAgra Foods Lamb Weston. �This is of
great importance to both our customers and to our business.� Green
Tags replace traditional sources of energy with clean, renewable
wind power, offsetting the environmental effects of burning coal,
gas and other fossil fuels, thereby reducing CO2 emissions. About
the Carbon Disclosure Project The Carbon Disclosure Project is an
independent not-for-profit organisation providing a secretariat for
over 385 institutional investors with $57 trillion of assets under
management. CDP holds the largest database of corporate climate
change data in the world. CDP was established in 2000 to facilitate
dialogue between companies and investors, supported by quality
information, from which a rational response to climate change will
emerge. Carbon Disclosure Project is a UK Registered Charity no.
1122330. A company limited by guarantee registered in England no.
05013650. It is also a special project of Rockefeller Philanthropy
Advisors in New York, with 501(c)3 charitable status. For more
information please visit www.cdproject.net. About Climate Leaders
Launched in 2002, Climate Leaders is a voluntary
industry-government partnership that works with companies to
develop long-term comprehensive climate change strategies, set
corporate-wide greenhouse gas reduction goals and inventory their
emissions to measure progress. Companies that participate in the
Climate Leaders program report inventory data to the EPA, creating
a lasting record of accomplishments and identifying the company as
a corporate environmental leader. For more information about
Climate Leaders, visit http://www.epa.gov/climateleaders. About
ENERGY STAR The EPA introduced ENERGY STAR in 1992 as a voluntary,
market-based partnership to reduce air pollution through increased
energy efficiency. The program helps businesses and consumers save
energy and money today while protecting the environment for future
generations. Last year alone, Energy Star helped Americans save
enough energy to power 20 million homes and reduce greenhouse gas
emissions equivalent to those from 18 million cars - all while
saving consumers and businesses $9 billion. About Bonneville
Environmental Foundation The Bonneville Environmental Foundation
(BEF), a Portland, Ore.-based nonprofit organization, was
established in 1998 to further the development and use of new
renewable energy resources and restore watershed ecosystems.
Through revenues generated from the sale of green power products,
BEF funds projects that support new renewable energy projects from
solar, wind and biomass and restore damaged watersheds. Revenues
generated from its sales of Green Tags directly support additional
new watershed restoration and renewable energy projects such as the
national Solar4RSchools program. More information is available at
www.greentagsusa.org and www.b-e-f.org. About ConAgra Foods ConAgra
Foods, Inc., (NYSE: CAG) is one of North America�s leading packaged
food companies, serving consumer grocery retailers, as well as
restaurants and other foodservice establishments. Popular ConAgra
Foods consumer brands include: Banquet, Chef Boyardee, Egg Beaters,
Healthy Choice, Hebrew National, Hunt's, Marie Callender's, Orville
Redenbacher's, PAM and many others. For more information, please
visit us at www.conagrafoods.com.
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