Whirlpool Corporation Ahead of Schedule to Reduce Greenhouse Gas Emissions - Raises Target Even as Company Grows
November 13 2007 - 9:30AM
PR Newswire (US)
CEO announces significant increase in commitment during keynote
address today BENTON HARBOR, Mich., Nov. 13 /PRNewswire-FirstCall/
-- Whirlpool Corporation today announced it will increase the
company's commitment to environmentally-sound business practices by
reducing total greenhouse gas emissions 6.6 percent by 2012. The
company will make these global, voluntary reductions while at the
same time increasing production by 17 percent. (Logo:
http://www.newscom.com/cgi-bin/prnh/20040202/DETU004LOGO ) The
positive output of this reduction is equivalent to approximately
4.47 million acres of trees, an area larger than the size of
Connecticut and Rhode Island combined. Whirlpool is the industry
leader in energy and water efficiency, and the only appliance
manufacturer that brings an "across the board" focus to energy and
water conservation, from design to manufacturing and distribution
to end of product lifecycle. In 2003, Whirlpool became the first
appliance manufacturer to announce a global greenhouse gas (GHG)
reduction target, with a goal of reducing emissions by 3 percent
from 1998 levels by 2008, while at the same time increasing
production by 40 percent. The company is on track to meet this
target, and believes it has the responsibility to do more. With
today's announcement, Whirlpool is significantly increasing its
commitment to reduce greenhouse gas emissions, despite having grown
its manufacturing substantially both organically and with the 2006
acquisition of Maytag Corporation. Whirlpool Chairman and CEO Jeff
Fettig announced the increased reductions plan today in his keynote
address at the Energy Efficiency Global Forum & Exposition (EE
Global). The conference is the Alliance to Save Energy's first ever
global forum, bringing together leaders from the five regions of
the world to forge new partnerships and develop strategies on
energy efficiency in Washington, D.C. "Whirlpool is committed to
environmentally sound business practices, and we are leading by
example," said Fettig. "But we also know that the greatest
differences are achieved not on our own, but through cooperation
and close collaboration with others. And that includes working with
industry, policymakers and other stakeholders to create more
choices and better solutions that benefit us all." Whirlpool is the
founding sponsor of EE Global, a showcase for the energy-
efficiency industry attracting industry professionals, academics
and policy makers from around the world, not only to exchange the
latest technical, commercial and policy information, but to forge
partnerships and develop "best practices," policies and strategies
for global implementation. About Whirlpool Corporation Whirlpool
Corporation is the world's leading manufacturer and marketer of
major home appliances, with annual sales of approximately $18
billion, more than 73,000 employees, and more than 70 manufacturing
and technology research centers around the world. The company
markets Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp,
Bauknecht and other major brand names to consumers in nearly every
country around the world. Additional information about the company
can be found at http://www.whirlpoolcorp.com/.
http://www.newscom.com/cgi-bin/prnh/20040202/DETU004LOGO
DATASOURCE: Whirlpool Corporation CONTACT: Monica Teague, Media
Relations of Whirlpool Corporation, +1-269-923-7405, Web site:
http://www.whirlpoolcorp.com/
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