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Thursday, December 3, 2009

Kohl’s pledges net zero emissions by 2010

From a news release issued by Kohl's Corporation:

MENOMONEE FALLS, Wis., December 2, 2009 – Kohl’s Department Stores (NYSE: KSS) today became the first retailer to announce a commitment to reach net zero U.S. greenhouse gas emissions as part of its ongoing partnership with the U.S. Environmental Protection Agency’s (EPA’s) Climate Leaders program. To achieve this goal of being carbon neutral, Kohl’s will continue to invest in projects to reduce the same amount of greenhouse gas emissions that the company emits into the atmosphere.

The goal accounts for U.S. emissions at all Kohl’s facilities, including stores, distribution centers and corporate offices, as well as emissions resulting from business travel. Kohl’s goal, once realized, will be equivalent to removing more than 130,842 vehicles from the road for a year or offsetting the annual emissions from electricity used by more than 99,084 homes. . . .

Initiatives central to Kohl’s achievement of its Climate Leaders goal include a continuation of the company’s five environmental strategies: maximize energy efficiency, minimize waste, improve new building design, reduce emissions and encourage environmental values. Highlights include:

• Commitment to green power: Kohl’s strongly supports the development of renewable energy and was named one of EPA’s 2009 Green Power Partners of the Year. The company currently ranks as the no. 1 retailer on EPA’s list of Green Power Purchasers in its Green Power Partnership. In 2009, Kohl’s purchased 851 million kilowatt-hours in renewable energy credits – enough to meet 71 percent of the company’s purchased electricity use. Kohl’s plans to reach 100 percent green power by the end of 2010.
• Leading solar program: Kohl’s is currently the world’s largest retail host of solar power with 79 solar locations in six states – California, Wisconsin, Oregon, Connecticut, Maryland and New Jersey. The company aims to expand the program into additional states in 2010 to reach more than 100 solar locations.
• Central Energy Management Systems: As of 2008, all Kohl’s locations are operated by a system that controls most interior and exterior lighting, as well as heating and cooling systems. Last year, even while adding more than one million square feet of retail space through new and existing store expansion, Kohl’s reduced its greenhouse gas emissions by 12 percent.
• ENERGY STAR: The EPA ENERGY STAR national energy performance rating system provides a score on a 1 to 100 scale relative to similar buildings nationwide, with 50 as the average score. Buildings with a score of 75 or higher are eligible to receive EPA’s ENERGY STAR label. To date, more than 350 Kohl’s stores have earned the ENERGY STAR label – this is more than one third of all Kohl’s stores and more than 70 percent of retail buildings to date that have earned the ENERGY STAR. As a whole, Kohl’s stores average an ENERGY STAR score of 72, well above industry standard.

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