This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

KRAFT FOODS WAGES WAR ON WASTE, ONE PLANT AT A TIME

NORTHFIELD, Ill., Feb. 2, 2012 /PRNewswire/ -- Kraft Foods' employees are making steady progress reducing the amount of manufacturing waste they produce.  And in doing so they're reducing their environmental impact.  Together, they're finding better uses for waste and even turning manufacturing byproducts into new energy sources.  

(Logo: http://photos.prnewswire.com/prnh/20090420/KRAFTLOGO)

"We're waging war on waste, one plant at a time," said Christine McGrath, Vice President, Global Sustainability.  "Today, we have 36 facilities in 13 countries that send zero waste to landfills, and we've reduced our manufacturing waste by 50 percent since 2005.  Our strategy is simple: generate less waste and find new uses for the waste we do produce.  And our employees are doing just that."

Employees continue to raise the bar by improving efficiency, by changing behavior, business practices and culture, and by creating new partnerships to turn waste into something of value.  For Kraft Foods, manufacturing accounts for the vast majority of its solid waste output, so its plants are a natural place to take action.  In 2007, the company launched a program with the global recycling company Sonoco Recycling, using its Sonoco Sustainability Solutions (S3) service offering to substantially reduce waste in plants.  The ultimate objective: send zero waste to landfills. 

Today, 36 Kraft Foods facilities have achieved zero-waste-to-landfill status, including 24 plants in Europe and 12 facilities in North America.  Elsewhere, many plants have made significant reductions through partnerships to put waste to work.  To learn more about Kraft Foods' waste-reduction efforts around the world, including an updated fact sheet of success stories, go to http://bit.ly/xN206j

About Kraft FoodsKraft Foods Inc. (NYSE: KFT) is a global snacks powerhouse with an unrivaled portfolio of brands people love. Proudly marketing delicious biscuits, confectionery, beverages, cheese, grocery products and convenient meals in approximately 170 countries, Kraft Foods had 2010 revenue of $49.2 billion. Twelve of the company's iconic brands – Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer , Philadelphia , Tang and Trident – generate revenue of more than $1 billion annually. On Aug. 4, 2011, Kraft Foods announced plans to divide and create two independent public companies: a high-growth global snacks business and a high-margin North American grocery business. The transaction is expected to be completed before the end of 2012. A leader in innovation, marketing, health & wellness and sustainability, Kraft Foods is a member of the Dow Jones Industrial Average, Standard & Poor's 500, Dow Jones Sustainability Index and Ethibel Sustainability Index. Visit www.kraftfoodscompany.com and www.facebook.com/kraftfoodscorporate.

(1) Measured against total production through 2011, the most recent year complete data is available.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs