Pitney Bowes Recycles 14.5 Million Pounds of Waste in 2009

Pitney Bowes Inc. (NYSE: PBI) today announced that by recycling 14,532,290 pounds of waste in 2009, the company avoided emissions of 26,938 metric tons of carbon. Verified by the U.S. Environmental Protection Agency (EPA) through the company’s participation in the voluntary WasteWise program, this amount of carbon emissions is equivalent to the annual greenhouse gas emissions from 4,932 passenger vehicles.

“Environmental responsibility is an important part of our effort to provide sustainable value to customers and shareholders,” said Ellen Huang, director, environmental affairs, Pitney Bowes Inc. “Our collaboration with the U.S. EPA enables us to track our waste reduction efforts year after year, which is a great barometer of progress for us.”

In 2008, the company recycled 13,686,766 pounds of waste, an amount equivalent to 16,147 metric tons of carbon or the annual greenhouse gas emissions from 2,956 passenger vehicles. In 2009, Pitney Bowes was able to greatly increase the amount of avoided carbon emissions due in part to a secure destruction program that recycles paper after it is shredded. Since 2004, the company has avoided approximately 120,345 metric tons of carbon emissions. The company earned recognition in the WasteWise Hall of Fame in 2007 for its success in recycling and waste prevention.

The company’s recycling of waste is a part of a broader initiative to measure, analyze and reduce its carbon footprint. In 2010, Pitney Bowes will participate in the Carbon Disclosure Project (CDP8) questionnaire for a third year, affirming its commitment to measuring carbon emissions and reducing environmental impact. An analysis of Pitney Bowes’s responses is expected from the CDP in September 2010.

Pitney Bowes’s environmental initiatives, along with many other programs, are detailed in the company’s online Corporate Responsibility report, available here.

About Pitney Bowes:

Celebrating its 90th year of innovation, Pitney Bowes provides software, hardware and services that integrate physical and digital communications channels. Long known for making its customers more productive, Pitney Bowes is increasingly helping other companies grow their business. Pitney Bowes is a $5.6 billion company and employs 33,000 worldwide. Pitney Bowes: Every connection is a new opportunity™. www.pb.com

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