Conwed Plastics, LLC Achieves Carbon Neutral Status MINNEAPOLIS (March 22, 2010) – Conwed Plastics, LLC, the global leader in providing innovative and
comprehensive plastic netting solutions, today announced that it has achieved
carbon neutral status for the global enterprise and its products through its
annual reduction in carbon emissions and its membership with the Chicago
Climate Exchange (CCX). Reducing
carbon emissions is part of a larger sustainability program for Conwed that
includes such programs as energy and water conservation and an aggressive goal
to reduce carbon emissions by 1% annually.
The Chicago
Climate Exchange is the world's first and North America's only legally binding,
rules-based greenhouse gas emissions allowance trading system for all six
greenhouse gases. Conwed is the first US plastic company to join CCX and will
honor its commitment to purchase Carbon Financial Instrument (CFI) contracts equal
to the firm's indirect greenhouse gas emissions not reduced through other
programs. By doing so, Conwed will offset all of the emissions from its
operations and becomes the first plastic company in North America to be carbon
neutral.
"We
are excited to have Conwed as the first US-based plastic company to join
CCX. Their vision and commitment
is an important addition to the CCX program," said CCX Chairman and Founder
Richard L. Sandor.
"Conwed
has always tried to be a socially responsible company, and this is another
logical step in that direction," said Conwed's CEO & President Mark
Lewry. "Conwed has reduced greenhouse gas emissions by over 13% since 2004. Joining CCX represents our continued
deep commitment to advancing environmentally sound business practices. We're
delighted to be the first plastic company to achieve carbon neutral status."
For years Conwed has focused on creating a
sustainable enterprise including polymer innovation, light weighting materials
and use of recycle content. Since 2004 Conwed has introduced plant based
polymers, compostable netting and a life-cycle technology in which the plastic
is engineered to break down quickly after its useful product life is finished.
Additionally, Conwed has made significant progress in reducing water and
electrical consumption as well as reducing landfill waste.
About Conwed Global Netting Solutions
Conwed is a
global company, specializing in total netting solutions, from concept to
commercialization. Headquartered
in Minneapolis, Minnesota, Conwed manufactures a complete line of
high-performance netting used in major markets ranging from consumer-packaged
goods to building materials.
Conwed markets products in the United States, Europe, Asia, and Latin
America, and has six manufacturing plants located in North America and Europe.
About Chicago Climate Exchange and Chicago Climate
Futures Exchange
Chicago
Climate Exchange (CCX) is the world's first and North America's only legally
binding, rules-based greenhouse gas emissions allowance trading system for all
six greenhouse gases. CCX began trading in 2003 and today has more than 400
members who are leaders in greenhouse gas management and mitigation.
