Kodak Receives Highest Honor From EPA For Energy Management

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Kodak Receives Highest Honor From EPA For Energy Management

NEW YORK, ROCHESTER, Apr. 21 -/E-Wire/Business Wire/-- Eastman Kodak Company said today that it has received from the U.S. Environmental Protection Agency the 2003 ENERGY STAR Corporate Commitment Award, the highest award for "excellence and voluntary leadership in reducing greenhouse gas emissions through strategic energy management."

The EPA, at an April 15 dinner attended by EPA Administrator Christie Whitman, cited Kodak for its "superior energy management program, facility upgrades, employee and public education work, and ENERGY STAR promotion efforts."

"Eastman Kodak Company is a remarkable example of how organizations can combine environmental concerns with smart business strategy," the EPA said.

In accepting the award, Charles S. Brown, Director of Global Manufacturing & Logistics noted, "Each working hour of the day, Kodak's worldwide factories produce enough film and paper to capture and share more than several million Kodak Moments, plus about 300,000 sheets of x-ray film, and more than 20 miles of motion-picture film, enough to supply 100 theaters with feature-length movies. Our annual energy bill approaches $200 million. At Kodak, energy conservation is a strategic priority."

Kodak's performance, upon which the award was based, included a 32 percent reduction in energy use over a four-year period. This nearly one-third reduction in energy usage is the equivalent to getting almost four months "for free" on Kodak's energy bill. Also factored into the award is a 5-year goal to reduce carbon dioxide emissions by 20 percent. To date, the company has achieved a 13 percent reduction toward this goal.

Some of the measures taken during 2002 to conserve energy include:

-- An upgrade program that replaced 11,000 horsepower of old, inefficient motors. -- A pump upgrade program that replaced 300 worn, oversized pumps. -- A water-recycling program was implemented, conserving 32% of water usage. -- Improved shutdown planning to optimize fuel use. -- New, variable-speed drive systems installed at 10 locations. -- Adjustments to air conditioning and lighting systems have been made at 55 percent of the Kodak Rochester locations. -- Optimized air-dryer settings, and replaced electric chillers with steam systems. -- Air systems were rebalanced and fans were adjusted. -- A major internal communications program to improve awareness was started.

Brown concluded, "To survive, companies of every size must be aggressive in the conservation of energy. Kodak is proud to be recognized as one of the companies that is helping lead the way in responsible growth."

Editor's Note: For additional information about Kodak, visit our web site on the Internet at: www.kodak.com/

Eastman Kodak Company

James E. Blamphin, 585/724-5036, 585/724-0964 fax, [REDACTED-EMAIL]

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