Hoboken, N.J., February 21, 2008 –John Wiley & Sons, Inc. (NYSE: JWa), (NYSE: JWb), today announced that it is renewing the commitment to neutralize the carbon impact of its worldwide operations that were formerly part of Blackwell Publishing, which Wiley acquired in February 2007.
In addition to offsetting the carbon footprint of 10 offices around the world, it is also compensating for the CO2 emissions that result from the global product shipments from this part of the business. This renewal reinforces the company’s leadership role in addressing climate change; Blackwell Publishing, which was acquired by Wiley in February 2007, was the first global publisher to become carbon neutral in 2006.
“As we mark the anniversary as our first year as Wiley-Blackwell, renewing our carbon neutral commitment was an obvious decision,” said Eric A. Swanson, Senior Vice President, Wiley-Blackwell. “This environmental stewardship aligns with our responsibility to all of our global customers, authors, society partners, and colleagues. In addition, Wiley is looking to expand this effort by exploring a wide portfolio of environmental and corporate responsibility initiatives for the entire corporation.”
Carbon neutrality involves taking inventory of an organization’s carbon dioxide emissions, and then implementing strategies to reduce and eliminate unavoidable emissions. Wiley-Blackwell has partnered with Carbonfund.org to purchase investments in a portfolio of renewable energy, energy efficiency, and reforestation projects.
“Carbonfund.org applauds Wiley-Blackwell’s continued leadership and commitment to addressing the problem of climate change,” said Carbonfund.org Executive Director Eric Carlson. “Wiley-Blackwell’s carbon reduction and offset program serves as an example for the rest of the scholarly publishing industry.”
About Carbonfund.org
Carbonfund.org is one of the country's leading carbon reduction and offset organization, making it easy and affordable for individuals, businesses and organizations to reduce their climate impact. Carbon offsets enable individuals and businesses to reduce carbon dioxide emissions they are responsible for in their everyday lives by investing in renewable energy, energy efficiency and reforestation projects where they are most cost effective. Carbonfund.org works with over 600 corporate and non-profit partners including Discovery, Volkswagen, Dell, Orbitz, Environmental Defense, and Lancome.
About Wiley-Blackwell
Wiley-Blackwell was formed in February 2007 as a result of the acquisition of Blackwell Publishing Ltd. by John Wiley & Sons, Inc., and its merger with Wiley’s Scientific, Technical, and Medical business. Together, the companies have created a global publishing business with deep strength in every major academic and professional field. Wiley-Blackwell publishes approximately 1,400 scholarly peer-reviewed journals and an extensive collection of books with global appeal. For more information on Wiley-Blackwell, please visit www.blackwellpublishing.com or http://interscience.wiley.com.
About Wiley
Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and understanding for 200 years, helping people around the world meet their needs and fulfill their aspirations. Since 1901, Wiley and its acquired companies have published the works of more than 350 Nobel laureates in all categories: Literature, Economics, Physiology/Medicine, Physics, Chemistry and Peace.
Our core businesses include scientific, technical, medical and scholarly journals, encyclopedias, books, and online products and services; professional/trade publishes books, subscription products, training materials, and online applications and websites; and educational materials for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, New Jersey, with operations in the U.S., Europe, Asia, Canada, and Australia. The Company’s Web site can be accessed at http://www.wiley.com and its online visitor's forum can be accessed at www.wiley.com/go/livinghistory. The Company is listed on the New York Stock Exchange under the symbols JWa and JWb.