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Nov 02, 2006

Xerox releases its first global citizenship report, and announces $1 million grant for forest improvement

UXBRIDGE -- Consistent with a long-standing legacy in social responsibility that's articulated in the company's first global citizenship report, Xerox is joining The Nature Conservancy in a new partnership to improve management of global forests, the source of raw material for paper. The announcement of a $1 million grant to the Conservancy from The Xerox Foundation coincides with the release of Xerox's 2006 Report on Global Citizenship , a comprehensive summary of the company's citizenship practices and policies, recent accomplishments and goals. The 70-page report brings together for the first time data on the company's environmental performance; workplace policies; and corporate, customer and social practices. Called "Revealing Our True Colours," it covers topics including ethics and governance, customer privacy and satisfaction, employee diversity and development, environmental initiatives, philanthropy and voluntary work schemes, and more. "Each generation of Xerox people strives to leave the company, the communities in which we do business, and the world at large better than we found it. We all feel that we are part of an ongoing experiment to demonstrate that good business and good values are not only compatible but synergistic," said Anne Mulcahy, Xerox chairman and chief executive officer, in the report's letter to stakeholders. As the world's largest distributor of cut-sheet paper, Xerox respects its responsibility to foster sustainable development by using paper wisely and protecting forest resources. With the $1 million grant and expertise from Xerox, The Nature Conservancy – one of the world's most respected conservation organisations – will: Launch an online forest database for Canada's boreal forest, Strengthen third-party forest certification standards, which Xerox relies on to ensure paper comes from responsibly managed forests, Identify best forest biodiversity management practices and communicate t
Oct 25, 2006

Xerox reports third-quarter earnings of 54 cents per share

EPS of 54 cents compares to Q3 2005 EPS of cents Adjusted EPS of 23 cents, up 28 per cent Total revenue up two per cent Post-sale revenue up three per cent Gross margins of 40.2 per cent Operating cash flow of $530 million
Oct 11, 2006

Xerox extends sponsorship with Ducati Corse World Superbike team

Xerox is extending its title sponsorship of the Ducati Corse World Superbike team for a further two years. The renewal comes at the end of a remarkable season for the Ducati Xerox Team, which saw Australian Troy Bayliss crowned World Champion at Imola in Italy on 1 October 2006. Victory in the World Manufacturers Championship was secured a week later at the final round at Magny-Cours in France on 8 October 2006.
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