In the report’s letter to stakeholders, Ursula Burns, Xerox chairman and CEO, commented on the company’s principle-backed practices towards sustainable innovation, all of which align with the company’s broader purpose to help simplify the way work gets done in organizations small to large and for enterprises all around the world.
“Simplicity is not about scaling back or dumbing down. It’s about taking the ‘excess’ out of the process, stripping down the non-value steps that creep in, and applying technology and innovation smartly and strategically,” she wrote. “When you do that, you save not only time and money, you save precious resources and eliminate waste.”
Last month, Xerox was recognized for its commitment to corporate social responsibility. For the fifth consecutive year, Xerox met the FTSE4Good criteria for corporate responsibility, social and stakeholder engagement, human rights and environmental actions. Created in 2001, the FTSE4Good Index is a series of benchmarks for socially responsible investors who want to measure performance using globally recognized standards.
Information about these and other accomplishments can be found in the report, which is organized around four areas. Below are highlights of each section:
- Supporting the customer- Xerox created Open Xerox, an online portal that encourages customers to play a part in exploratory research for new products, applications and services. The portal provides instant access to the company’s latest innovations and allows anyone to test pilot technology and provide feedback directly to lab scientists and engineers.
- Improving the Workplace-Xerox achieved a 100-percent rating on the 2011 Corporate Equality Index and Best Places to Work survey administered by the Human Rights Campaign Foundation.
- Preserving the Planet- Xerox was recognized for its commitment to sustainable innovation by its inclusion on the Newsweek Green Ranking List. Newsweek rated Xerox in the top 50 for environmental performance.
- Advancing the Community-Eleven Xerox employees received fully paid leaves of absence in 2011 so they could lend a hand to non-profit agencies in their local communities. These employees were able to share their business insights and in some cases their Xerox Lean Six Sigma training to improve the efficiency and effectiveness of the organizations they serve.
To view the report and for more information about Xerox’s citizenship activities, visit http://www.xerox.com/citizenship.
With sales approaching $23 billion, Xerox (NYSE: XRX) is the world’s leading enterprise for business process and document management. Its technology, expertise and services enable workplaces – from small businesses to large global enterprises – to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, transportation solutions, and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 140,000 people of Xerox serve clients in more than 160 countries. For more information, visit http://www.xerox.com, http://news.xerox.com or http://www.realbusiness.com. For investor information, visit http://www.xerox.com/investor.
Note: To receive RSS news feeds, visit http://news.xerox.com/pr/xerox/rss.aspx. For open commentary, industry perspectives and views visit http://twitter.com/xeroxcorp, http://realbusinessatxerox.blogs.xerox.com, http://www.facebook.com/XeroxCorp, http://www.youtube.com/XeroxCorp.
XEROX®, XEROX and Design® are trademarks of Xerox in the United States and/or other countries.
Alexander Charles, +1-203-849-5348