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Reed Elsevier

Industry:Media ISIN:GB00B2B0DG97 Country:UK CRR:B-

Company Profile:
Reed Elsevier comprises Reed Elsevier PLC, Reed Elsevier NV, Reed Elsevier Group plc and Elsevier Reed Finance BV, and their respective subsidiaries, associates and joint ventures. The company is a publisher and information provider. Its activities include science and medical, legal, education and business publishing.

Strengths/weaknesses profile:
Strengths:
  • comprehensive and binding supplier standards regarding labour/health and safety issues, also including freelancers
  • good measures regarding the implementation of concrete strategies and formal systems to address climate change
  • group-wide environmental management system implemented
  • group-wide policy on ensuring freedom of association
Weaknesses:
  • lack of transparency on measures taken by the company to reduce VOC emissions from printing processes
  • lack of transparency regarding a supplier policy on the use of controversial chemicals during the production of CDs/DVDs

Reasons for inclusion in the Index:
In a cross-sectoral comparison, the British media company stood out due to the particularly ambitious nature of its climate protection measures. These include appropriate management structures and clearly defined responsibilities, the introduction of a climate protection strategy, a voluntary commitment to reducing climate impacts and specific measures for achieving this goal, e.g. by purchasing green electricity and by offsetting its greenhouse gas emissions. The company has adopted various measures to improve the traceability of origin of the paper used in its media production. These measures are designed to ensure that only paper from legal sources is used.

Company website:www.reed-elsevier.com