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Kellogg Company Recognized for Commitment to Addressing Climate Change, Named to Carbon Disclosure Leadership Index


Published on 2011-09-22 19:01:31 - Market Wire
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Kellogg Company Recognized for Commitment to Addressing Climate Change, Named to... -- BATTLE CREEK, Mich., Sept. 22, 2011 /PRNewswire/ --

Kellogg Company Recognized for Commitment to Addressing Climate Change, Named to Carbon Disclosure Leadership Index

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BATTLE CREEK, Mich., Sept. 22, 2011 /PRNewswire/ -- Kellogg Company (NYSE: [ K ]) has been commended by the Carbon Disclosure Project (CDP) for its professional and transparent approach in disclosing climate change information. The CDP is an independent, not-for-profit organization with the largest database of corporate climate change and water information in the world.

The CDP's 2011 "Carbon Disclosure Leadership Index" identifies 55 companies from the S&P 500 Index with strong corporate governance regarding climate change information disclosure practices. In 2011, Kellogg significantly improved its performance on the Index, with a score of 85. Kellogg scored 67 in 2010.

"Companies that make the Carbon Disclosure Leadership Index have shown a strong awareness of the business issues related to climate change, including climate-related risks and opportunities," said Paul Simpson, Chief Executive Officer of the Carbon Disclosure Project. "These companies have also demonstrated good internal data management practices for understanding greenhouse gas emissions."

"We are committed to conducting our business in a way that reduces our environmental impact," said Diane Holdorf, Chief Sustainability Officer, Kellogg Company. "As part of these efforts, we've recently made improvements in how we track our climate change performance, including a new internal system that standardizes compliance management and sustainability performance tracking relating to environmental programs at all Kellogg sites globally."

Overall, Kellogg is committed to reducing its energy use, greenhouse gas (GHG) emissions and water use by 15 to 20 percent* by 2015. Since 2005, the company has reduced its energy use and GHG emissions by 7.5 percent and 9.8 percent*, respectively. It has reduced water use by 14 percent* during the same time period.

Kellogg has achieved these reductions through several initiatives at its plants worldwide. For example, an energy management system installed at the Botany, Australia, plant in 2009 allowed staff to better understand energy use within the facility and identify energy savings opportunities. A 7 percent reduction in energy use has been achieved through 2011, even as production increased.  Kellogg is using a variety of other approaches as well, including solar installations in Linares, Mexico, and more fuel efficient vehicles for sales fleets, to achieve its goals.

More information about Kellogg Company's environmental initiatives and performance may be found in its Corporate Responsibility Report at [ www.kelloggcompany.com/CR ]. Details on the Carbon Disclosure Leadership Index are available at [ www.cdproject.net ].

* per metric tonne of food produced.

About Kellogg Company

For more than 100 years, consumers have counted on Kellogg for great-tasting, high-quality and nutritious foods. Kellogg Company, with 2010 sales of more than $12 billion, is the world's leading producer of cereal and a leading producer of convenience foods, including cookies, crackers, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles and veggie foods. Kellogg Company's beloved brands, which are manufactured in 18 countries and marketed in more than 180 countries, include Kellogg's®, Keebler®, Pop-Tarts®, Eggo®, Cheez-It®, All-Bran®, Mini-Wheats®, Nutri-Grain®, Rice Krispies®, Special K®, Chips Deluxe®,Famous Amos®, Sandies®,Austin®, Club®, Murray®, Kashi®, Bear Naked®, Morningstar Farms®, Gardenburger®and Stretch Island®. For more information on the Kellogg Company, including our corporate responsibility initiatives, visit [ www.kelloggcompany.com ].

About CDP

The Carbon Disclosure Project (CDP) is an independent not-for-profit organization holding the largest database of primary corporate climate change and water information in the world. Some 3,000 organizations across the world's largest economies now measure and disclose their greenhouse gas emissions and assessment of climate change risk and opportunity through CDP, in order that they can set reduction targets and make performance improvements. This data is gathered on behalf of 551 institutional investors, holding US$71 trillion in assets. For more information visit [ www.cdproject.net ].

SOURCE Kellogg Company

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