News: Pitney Bowes hits green milestone
Pitney Bowes Inc. has reached a benchmark this month in its recycling efforts with the recovery of nearly 1.1 million pounds of U.S. equipment during 2008.
Monday, 16th February 2009
The Stamford-based provider of postal services and equipment has recovered millions of pounds of used equipment since the 1950s through its take-back program, which collects the material at six distribution centers throughout the country and brings it to a remanufacturing plant in Newtown that receives more than 2,000 used postage meters and mailing machines per day. According to Pitney Bowes, 95 percent of its mailing-equipment parts are made to be reusable or recyclable under its "Design for Environmental Quality" standard, and the company has a policy in which parts that cannot be reused are sent to a partnering recycling facility. Pitney Bowes, founded in 1920, employs 36,000 workers worldwide and has annual revenues of $6.3 billion. It partners with three major recycling firms.