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Scholastic Among Leaders In Publishing Industry For Responsible Paper Procurement With 68.2% FSC-Certified Paper In 2012

Stocks in this article: SCHL





NEW YORK, Sept. 16, 2013 /PRNewswire/ -- Scholastic Inc., the global children's publishing, education and media company, today announced that it has surpassed its company-wide goal of strengthening its sustainable paper procurement practices and increasing the percentage of Forest Stewardship Council (FSC)-certified paper purchased by the company.  

(Photo: http://photos.prnewswire.com/prnh/20130916/NY80329-INFO)

(Logo: http://photos.prnewswire.com/prnh/20100907/SCHOLASTICLOGO)

In January of 2008, Scholastic announced goals for 2012 to increase the amount of FSC-certified paper purchased for its publications to 30% and the use of recycled paper to 25%, of which 75% would be post-consumer waste.  Having made significant gains toward the FSC goal between 2008 and 2011, Scholastic increased its goal for 2012 from 30% to 35% of all paper purchased to be FSC-certified. In 2012, 68.2% of the paper purchased was FSC-certified -- nearly double the increased goal.

"Once again Scholastic had only themselves to outdo, and they succeeded," said Corey Brinkema, President of the Forest Stewardship Council U.S. "Now with more than 2/3 of their paper from FSC-certified sources, Scholastic continues to prove that forest stewardship and running a successful publishing enterprise can and should go hand in hand."

"Scholastic continues to be a top environmental leader within the book industry," said Todd Pollak, Program Manager, Green Press Initiative. "The company has achieved meaningful increases in recycled and FSC paper, and reduced impacts on endangered forests. We commend their ongoing efforts to lead the publishing industry toward more sustainable paper options."

In 2012, Scholastic purchased 75,837.1 tons of paper of which 51,743 tons, or 68.2%, was FSC-certified, up from 3.6% in 2007. In addition, 13,745 tons, or 18.2%, of the fiber used to produce the paper was recovered waste paper, up from 13.5% in 2007, and of that amount, 11,299 tons, or 82.2%, was produced from PCW fiber, up from 80.7% in 2007.

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