Kohl’s strengthens sustainability commitment
Menomonee Falls, Wis. Kohl’s Department Stores has become the first retailer to announce a commitment to reach net zero U.S. greenhouse gas emissions as part of its ongoing partnership with the U.S. Environmental Protection Agency’s Climate Leaders program.
To achieve this goal of being carbon neutral, Kohl’s will continue to invest in projects to reduce the same amount of greenhouse gas emissions that the company emits into the atmosphere.
The goal accounts for U.S. emissions at all Kohl’s facilities, including stores, distribution centers and corporate offices, as well as emissions resulting from business travel.
“We want to demonstrate that it is possible for a large company to have a successful business model and operate in a sustainable way,” said Ken Bonning, Kohl’s executive VP store planning and logistics. “By pledging to neutralize our carbon footprint, we are taking significant steps to ensure that our operations are environmentally responsible — from waste reduction to our energy programs to our building standards.”
In 2007, Kohl’s joined EPA Climate Leaders, a group of companies committed to reducing their impact on the global environment by analyzing and reporting aggressive greenhouse gas reduction goals. The company has committed to achieving net zero emissions by the end of 2010 and maintaining carbon neutrality through 2012, at which point the company will work with the EPA on continued goal setting.
Ahold extends tech agreement with HP
PALO ALTO, Calif. Ahold has extended its existing relationship with HP by signing a new seven-year infrastructure and applications services agreement, the company reported.
Under the terms of the agreement, HP will continue to provide management and support services for Ahold’s global data center environment. In addition, HP will implement HP Business Service Automation to make server and storage capabilities more robust and more highly available.
HP also will provide network services for Ahold’s extensive network that connects its supply chain and distribution with its 3,000 stores, warehouses and office locations across Europe and the United States.
Microsoft CFO to leave company at year’s end
REDMOND, Wash. Microsoft Corp. announced that Chris Liddell will be leaving the company at the end of 2009, and named Peter Klein as the company’s new chief financial officer.
“Chris and his finance team have accomplished a great deal over the past four and a half years. The team is deep and strong, and has an excellent record of building value for our shareholders,” said Steve Ballmer, Microsoft chief executive officer. “Peter brings great finance and operations expertise and a deep understanding of the company, and I am looking forward to a smooth transition that continues our commitment to cost containment and finance excellence.”
Liddell joined Microsoft in May 2005 after serving as CFO at International Paper Co., and chief executive officer of Carter Holt Harvey Ltd., then New Zealand’s second-largest listed company.