MEMPHIS, Tenn. and WATERBURY, Vt., May 21 /PRNewswire-FirstCall/ -- International Paper and Green Mountain Coffee Roasters have been awarded a 2007 Sustainability Award from the Specialty Coffee Association of America (SCAA), the world's largest coffee trade association. The Sustainability Awards are given annually to those in the specialty coffee industry that have created innovative projects to expand and promote sustainability.
The two companies received the award for the category of "Sustainable Business Partnerships Resulting in a Sustainable Product" in honor of their partnership that resulted in the ecotainer(TM) cup -- the first hot paper beverage cup made from fully renewable resources. The ecotainer, which was unveiled last summer, is lined with a bio-plastic derived from corn, making it compostable under the proper conditions.
"We are very excited that our partnership with Green Mountain Coffee is being recognized by the SCAA," said Austin Lance, Vice President and General Manager of International Paper Foodservice. "Finding a partner such as GMCR whose core values align with ours allows us to drive an increased focus on sustainability through industry innovation. We will continue to develop products that reinforce our commitment to environmental stewardship."
Said Paul Comey, VP, Environmental Affairs at Green Mountain Coffee Roasters: "We're so pleased to be recognized for bringing this product to market with International Paper. This is a great example of how good business partnerships can make a positive impact on the world and in particular, on the environment, which is the real winner here. This cup is an important step in our continuing efforts to bring new, more sustainable solutions to market."
Each year, Americans use more than 15 billion paper hot cups, and that number is expected to grow to 23 billion by 2010. Conventional hot paper cups use a waterproof lining made from a petroleum-based plastic that is not sustainable. By choosing to utilize a corn-based cup liner, Green Mountain Coffee Roasters alone will conserve the consumption of nearly a quarter of a million pounds of non-renewable petrochemical materials every year.
About International Paper
International Paper (NYSE: IP) , founded in 1898, is a global uncoated paper and packaging company with primary markets and manufacturing operations in North America, Europe, Russia, Latin America, Asia and North Africa. Its uncoated papers and packaging businesses are complemented by xpedx, North America's largest distributor of printing papers and graphics supplies and equipment. Headquartered in the United States, International Paper employs approximately 54,000 people in more than 20 countries, and serves customers worldwide. Annual sales are about $22 billion. International Paper partners with customers and environmental, academic, civic and governmental organizations, as well as landowners and harvesting professionals, to encourage responsible forest stewardship, improve the health and productivity of forestlands and increase recovery of our recyclable products. The company has a long-standing policy of using no wood from endangered forests. To learn more about International Paper, its products and commitment to economic, social and environmental sustainability, visit http://www.internationalpaper.com/.
About Green Mountain Coffee Roasters
Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) is recognized as a leader in the specialty coffee industry for its award-winning coffees and successful business practices. The Company sells over 100 high quality selections, including Fair Trade Certified(TM) and organic coffees under the Green Mountain Coffee Roasters(R) and Newman's Own(R) Organics brands. While the majority of the Company's revenue is derived from its wholesale, direct mail, and e-commerce operations (http://www.greenmountaincoffee.com/), it also owns Keurig, Incorporated, a pioneer and leading manufacturer of gourmet single-cup brewing systems. Green Mountain Coffee Roasters has been ranked No. 1 on the list of "100 Best Corporate Citizens" for the past two years, and has been recognized repeatedly by Forbes, Fortune Small Business, and the Society of Human Resource Management as an innovative, high-growth, socially responsible company.
Website: http://www.internationalpaper.com/
Website: http://www.greenmountaincoffee.com/