MEADWESTVACO Lowers Carbon Dioxide Emissions

MEADWESTVACO Lowers Carbon Dioxide Emissions

We are fulfilling our responsibility to lower emissions through our voluntary, legally binding commitment to reduce direct carbon dioxide equivalents by 6 percent from a 1998-2001 baseline by the end of 2010 through our participation in the Chicago Climate Exchange.

Further, MWV is committed to do its part toward our trade association American Forest & Paper Association's Climate VISION committment to a 12 percent reduction in relative CO2 emissions ("intensity") between 2000 and the end of 2012 for major production facilities. We share with investors our progress through such organizations as SAM for inclusion in the Dow Jones Sustainability World Index and also to the Carbon Disclosure Project, where we have publicly participated since the S&P 500 were invited to CDP4.

MWV is working on many levels to reduce greenhouse gases. We use carbon neutral, renewable biomass based by-products for 67 percent of all energy requirements at our significant U.S. manufacturing facilities. We self- or co-generate 72 percent of the total electricity required by our U.S. integrated paper mills, of which 73 percent is derived from renewable sources.

Actively reducing carbon dioxide emissions allows us to lessen our use of fossil fuels. We evaluate our new capital projects to ensure that we will meet our CO2 reduction goals, and fund projects to reduce energy costs and CO2 emissions. We also develop and use products that reduce carbon dioxide emissions, including the wood-based carbon products from our Speciality Chemicals business.

MWV is a member of Duke University's Climate Change Policy Partnership, an industry-university collaboration designed to help inform policy making decisions surrounding climate change.

Source: www.meadwestvaco.com