Corporate commitment to reduce global carbon footprint through clean energy is
lauded
BILLERICA, Mass.--(Business Wire)--
Millipore Corporation (NYSE: MIL) a leading provider of technologies, tools and
services for the global life science industry has been named "Corporate Citizen
of the Year" by the New England Clean Energy Council. The company`s commitment
to reducing its global carbon footprint was recognized as an outstanding
achievement. Millipore President and CEO Martin Madaus, along with Director of
EHS & Sustainability David Newman, accepted the award at the Council`s Green Tie
Gala held last night at the John F. Kennedy Library and Museum in Boston.
The New England Clean Energy Council is comprised of many stakeholders,
including clean energy companies, investors, financial institutions, local
universities and colleges, and industry associations, and is focused on
accelerating the region`s clean energy economy.
"Millipore is honored to receive this award from the New England Clean Energy
Council," said Madaus. "We firmly believe that as a multinational corporation,
we have an opportunity and a responsibility to demonstrate environmental
leadership through clean energy. Adopting environmentally friendly practices is
not only the right thing to do-we see many business benefits from adopting
energy efficiency initiatives and renewable energy technologies. It is my hope
that more companies will start to transform by integrating sustainability
principles into their operating practices, helping to mitigate the risks of
global climate change we all face."
In 2008, Millipore formally announced an ambitious multi-year environmental
effort aimed at reducing the company`s global carbon footprint by 20 percent
over five years. The company`s initiative encompasses a wide range of programs
focused on dramatically reducing the company`s consumption of non-renewable
resources, eliminating waste and adopting other changes that support long-term
environmental sustainability.
A big part of its strategy to meet its carbon reduction goal is through the
implementation of a comprehensive energy management program that includes a
combination of energy efficiency and renewable energy projects. Most recently,
the company completed a major solar panel installation at two of its
Massachusetts facilities. Millipore is also an active participant in the
Massachusetts Governor`s Clean Energy Challenge.
David Newman, Director of Millipore`s Sustainability Initiative, was also on
hand to accept the award. "At Millipore, we take climate change and our
responsibilities as a good corporate citizen very seriously. We set a goal a
year and a half ago to reduce our greenhouse gas emissions by 20 percent over
five years, and we plan to meet that while still growing our business. Already,
through a combination of programs that save energy, drive down usage and even
improve the reliability of our manufacturing processes, we have cut our energy
use by 12 percent worldwide, and our greenhouse gas emissions by 15 percent."
For more information about Millipore`s Sustainability Initiative, visit the
Sustainability section of the company`s website:
http://www.millipore.com/sustainability/eco3/home
About Millipore
Millipore (NYSE: MIL) is a Life Science leader providing cutting-edge
technologies, tools, and services for bioscience research and biopharmaceutical
manufacturing. As a strategic partner, we collaborate with customers to confront
the world`s challenging human health issues. From research to development to
production, our scientific expertise and innovative solutions help customers
tackle their most complex problems and achieve their goals. Millipore
Corporation is an S&P 500 company with more than 5,900 employees worldwide. For
more information, visit www.millipore.com.
ADVANCING LIFE SCIENCE TOGETHER®
Research. Development. Production.
Safe Harbor Statement
Certain of the matters discussed herein, as well as in future oral and written
statements by management of Millipore Corporation that are forward-looking
statements, are based on current management expectations that involve
substantial risks and uncertainties which could cause actual results to differ
materially from the results expressed in, or implied by, these forward-looking
statements.
Potential risks and uncertainties that could affect Millipore's future operating
results include, without limitation, failure to achieve anticipate growth;
failure to achieve anticipated returns on sustainability investments; failure to
achieve design wins into our pharmaceutical and biotechnology customers`
manufacturing design phase for a particular drug or vaccine; delay, suspension
or termination of a customer`s volume production; fluctuations in the timing of
customers` orders; lack of availability of raw materials or component products
on a timely basis; regulatory delay in the approval of new therapeutics;
limitations on cash flow for operations and investment due to debt service
obligations; the inability to establish and maintain necessary product and
process quality levels; reduced demand for cell culture products using bovine
serum; the inability to realize the expected benefits of development, marketing,
licensing and other alliances; competitive factors such as new membrane or
chromatography technology; risks relating to our concentration of principal
manufacturing operations;the inability to successfully integrate acquired
businesses; the inability to utilize technology in current or planned products
due to overriding rights by third parties; potential environmental liabilities;
conditions in the economy in general and in the bioscience and bioprocess
markets in particular; foreign exchange fluctuations; reduced private and
government research funding; exposure to product liability claims; and
difficulties inherent in transferring or outsourcing of manufacturing
operations.Please refer to our filings with the SEC, including our most recent
Annual Report on Form 10-K, for more information on these and other risks that
could cause actual results to differ.
Millipore Corporation
For Media:
Karen Marinella Hall
Director of Corporate Communications
978-715-1567
978-495-0829
karen_hall@millipore.com
or
Investors:
Joshua Young
Director, Investor Relations
978-715-1527
joshua_young@millipore.com
Copyright Business Wire 2009
