Houghton Mifflin Harcourt Introduces Comprehensive Paper Procurement and Usage Policy to Minimize Environmental Footprint
May 21 2014 - 10:00AM
Business Wire
Named industry leader by Rainforest Action
Network in latest report on paper sourcing and usage
Global education leader Houghton Mifflin Harcourt (HMH) today
introduced a new policy on paper sourcing and usage, outlining a
commitment to significantly reduce environmental impact by 2018 and
beyond. In the document, HMH details an action plan to reduce
printed materials by increasing digital content, partner with
FSC-certified paper suppliers to ensure responsible sourcing, and
increase the use of recycled fibers in all of its printed
content.
With the launch of its paper policy, HMH has formalized its
goals to reduce usage overall, dispose of paper products
responsibly through book donation programs and certified recycling,
select progressive, ethical sourcing partners and monitor its
progress around sustainability initiatives. The Company will
continue to leverage digital resources to share its content, from
virtual product sampling to digital curriculum to eBooks, and will
convene a Green Paper Task Force to track and publicly report
progress against stated goals.
“As an education content provider to students worldwide, HMH is
deeply invested in ensuring the planet is a healthy home for
learners of all ages to grow and thrive. As a business, we
recognize that minimizing our environmental impact increases our
efficiency, effectiveness and agility,” said Mary Cullinane, Chief
Content Officer and EVP, Corporate Affairs, HMH. “We are supporting
this commitment through a variety of projects, including our
relationship with the US Green Building Council to ensure our
schools are healthy, safe, productive places to learn. We look
forward to fulfilling the goals put forward today in our
policy.”
The launch of HMH’s policy follows the release of a new report
on sustainability practices in the publishing industry from the
Rainforest Action Network (RAN), an advocacy group dedicated to
environmental protection and public awareness. The report, entitled
A New Chapter for the Publishing Industry: Putting Promises into
Practice, spotlights HMH’s policy and future goals as
industry-leading, and examines the sector’s broader shift away from
the use of paper sourced from controversial fiber.
“When fully implemented, this new policy from Houghton Mifflin
Harcourt should have a strong, positive impact for Indonesia's
forests,” said Rainforest Action Network forest campaigner Christy
Tennery-Spalding. “Its comprehensive approach to eliminating
controversial suppliers is what we at Rainforest Action Network
consider to be a best practice for publishers.”
Please find HMH’s Paper Policy here.
Please find RAN’s report here.
About Houghton Mifflin Harcourt
Houghton Mifflin Harcourt (NASDAQ:HMHC) is a global learning
company with the mission of changing people’s lives by fostering
passionate, curious learners. Among the world’s largest providers
of pre-K–12 education solutions and one of its longest-established
publishing houses, HMH combines cutting-edge research, editorial
excellence and technological innovation to improve teaching and
learning environments and solve complex literacy and education
challenges. HMH’s interactive, results-driven education solutions
are utilized by more than 50 million students in over 150
countries, and its renowned and awarded novels, non-fiction,
children's books and reference works are enjoyed by readers
throughout the world. For more information, visit
www.hmhco.com.
Forward Looking Statements
This news release may contain certain statements that are not
historical facts, including information regarding our intentions,
beliefs or current expectations concerning, among other things, our
results of operations, financial condition, liquidity, prospects,
growth, strategies, the industry in which we operate and potential
business decisions. Those statements constitute “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve known and
unknown risks, uncertainties and other factors that could cause our
actual results to differ materially from the results express in or
implied by our forward-looking statements, including, but not
limited to, changes in state and local education funding and/or
related programs, legislation and procurement processes; adverse or
worsening economic trends or the continuation of current economic
conditions; changes in consumer demand for, and acceptance of, our
products; industry cycles and trends; conditions and/or changes in
the publishing industry; and other factors discussed in our news
releases, public statements and/or filings with the U.S. Securities
and Exchange Commission, including our most recent Annual and
Quarterly Reports on Form 10-K and Form 10-Q. We undertake no
obligation, and do not expect, to publicly update or publicly
revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
Media ContactHoughton Mifflin HarcourtLeah Riviere,
617-351-5020Senior Communications
Associateleah.riviere@hmhco.com
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