Interface Joins Chicago Climate Exchange

Atlanta, GA, November 10--Interface, Inc. announced that it has become a member of the Chicago Climate Exchange (CCX), a voluntary, multi-sector market for reducing and trading greenhouse gas (GHG) emissions. Interface is the first and only member in the commercial interiors industry to join the CCX. As a member of the CCX, Interface commits to quantify and report emissions from the manufacture of its products in North America. Interface also agrees to further voluntarily reduce its GHG emissions as one of several steps the company is taking toward becoming a climate neutral company. The CCX requires members to reduce GHG emissions each year for a minimum of four years and CCX members can meet their reduction commitments by making on-site emission reductions or buying credits on the CCX market. Members who reduce emissions beyond stated goals are able to sell their reductions on the Exchange. Interface joins the World Resources Institute, Rocky Mountain Institute, Green Mountain Power, Ford Motor Company, International Paper and numerous others in this effort. "We are proud to be joining the Chicago Climate Exchange," said Michael D. Bertolucci, president, Interface Research Corporation and senior vice president, Interface, Inc. "Doing so is very much in keeping with the path that we have laid out for reaching sustainability on seven key fronts -- specifically our goals for eliminating all harmful emissions. "We strive to lead others forward through the power of our influence by supporting those voluntary initiatives that are focused on the creation of economically viable, market-based solutions for averting global climate change." "As we continue to diversify our membership, I am pleased to have Interface join CCX," said Dr. Richard L. Sandor, chairman and CEO of CCX. "They represent a new sector in our Exchange and are an innovator in environmentally responsible products. I applaud Interface for their forward thinking and look forward to their contributions to CCX." Interface won the U.S. Environmental Protection Agency’s 2004 Climate Protection Award for its climate neutral products and programs. The honor was received primarily for Interface’s Cool Carpet option, which allows Interface customers throughout the world to purchase climate neutral flooring products with a guarantee that all of the GHG emissions for the full life cycle of the products have been offset with certified emission reduction credits. The Chicago Climate Exchange (CCX) is the first voluntary North American market for reducing and trading greenhouse gases.


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