This Day On The Street
Continue to site
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

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

In an effort to continue its commitment to sustainable paper procurement practices, Scholastic will extend to 2015 its goal to increase the use of recycled paper to 25%. The gradual increase in recycled content purchased is the result of a continued decrease in the average amount of recycled fiber used by the manufacturers of printing and writing recycled paper grades. Scholastic is working to find alternative ways to make up the additional recycled fiber. The company plans to take the following steps to achieve this goal:

  • In mid-2012, Scholastic was able to increase the recycled content in some of its paper grades after years of negotiation with suppliers. The company will continue negotiating with paper suppliers to increase their recycled content.
  • With limited supply of recycled material available to paper suppliers, Scholastic will label more recyclable products with the "Please Recycle" logo, encouraging customers to dispose of materials responsibly.
  • Scholastic will continue to work with the Green Press Initiative to find ways to make more recycled paper available to publishers.

"We are very proud to announce that we achieved nearly double the goal for FSC-certified paper in 2012, and we remain committed to continuing work toward our goal for recycled paper," said Maureen O'Connell, Chief Financial Officer and Chief Administrative Officer of Scholastic. "As a company that serves young people with educational and entertaining books and learning materials, we remain committed to making sure our children also have a healthy environment in which to live and grow."

About ScholasticScholastic Corporation (NASDAQ: SCHL) is the world's largest publisher and distributor of children's books and a leader in educational technology and related services and children's media. Scholastic creates quality books and ebooks, print and technology-based learning materials and programs, magazines, multi-media and other products that help children learn both at school and at home.  The Company distributes its products and services worldwide through a variety of channels, including school-based book clubs and book fairs, retail stores, schools, libraries, on-air, and online at

SOURCE Scholastic Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FB $117.64 -0.15%
GOOG $703.30 0.27%
TSLA $213.39 0.88%
YHOO $36.93 -0.03%
AAPL $93.10 -0.14%


Chart of I:DJI
DOW 17,667.39 +6.68 0.04%
S&P 500 2,049.06 -1.57 -0.08%
NASDAQ 4,707.9250 -9.1690 -0.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs