ACCREDO PACKAGING RECEIVES EPA’S GREEN POWER LEADERSHIP AWARD

National Awards Honor Leading Green Power Purchasers

2013 GreenPower AwardSugar Land, Texas, September 23rd, 2013Accredo Packaging announced today that it has received a 2013 Green Power Leadership Award from the U.S. Environmental Protection Agency (EPA). The annual awards recognize the country’s leading green power purchasers for their commitment and contribution to helping advance the development of the nation’s voluntary green power market. EPA presented Accredo Packaging with the award at an event held in conjunction with the 2013 Renewable Energy Markets Conference in Austin, Texas on September 23, 2013.

Accredo Packaging was one of only eight organizations nationwide to receive a Leadership Award for its green power purchase. The award recognizes EPA Green Power Partners who distinguish themselves through purchases of green power from a utility green-pricing program, a competitive green marketer, or a renewable energy certificate (REC) supplier. Accredo Packaging is currently purchasing nearly 21 million kilowatt-hours (kWh) of green power annually, which is enough green power to meet 100 percent of the organization’s purchased electricity use. Accredo Packaging is buying a utility green power product from TXU Energy.

“We are honored to receive this prestigious award from the U.S. Environmental Protection Agency,” said Rex Varn, Accredo’s Executive Vice President. “Purchasing green power helps our organization become more sustainable, while also sending a message to others across the U.S. that supporting clean sources of electricity is a sound business decision and an important choice in addressing climate change.”

Green power is electricity that is generated from environmentally preferable renewable resources, such as wind, solar, geothermal, biogas, eligible biomass, and low-impact hydro. Using green power accelerates the development of new renewable energy capacity nationwide and helps to reduce greenhouse gas emissions from the power sector.

“EPA is pleased to recognize Accredo Packaging, Inc. with a Green Power Purchasing award for its exceptional commitment to buying green power and reducing carbon pollution associated with its electricity use,” said EPA Administrator Gina McCarthy. “In doing so, Accredo Packaging has demonstrated leadership in innovation, sustainability, and taking action on climate change.”

According to the EPA, Accredo Packaging’s current green power purchase of nearly 21 million kWh is equivalent to avoiding the carbon dioxide (CO2) emissions of more than 3,000 passenger vehicles per year, or is the equivalent amount of electricity needed to power nearly more than 2,000 average American homes annually.

Accredo focuses on sustainability in manufacture practices to embrace the company’s twin goals of lowering the environmental impact of flexible packaging and extruded film production, while producing competitively priced offerings. Accredo is the largest purchaser of Green Power in the U.S. flexible packaging market.

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