Office Depot (NYSE: ODP) and HP (NYSE, NASDAQ: HPQ) announced they have developed the country's first free, nationwide, in-store electronics recycling program. Customers can drop off any brand of unwanted electronics at any Office Depot location in the continental U.S. The program runs from July 18 – September 6, 2004.
Office Depot and HP will collect and recycle a broad range of information technology and digital entertainment products from any manufacturer, including desktops, notebooks, keyboards, mice, printers, scanners, handhelds, digital cameras, fax machines, desktop copiers, flat panel displays, monitors, TVs (27" or smaller), TV/VCR combos and cell phones. All products collected from Office Depot stores will be recycled at HP's U.S. recycling facilities in Roseville, Calif. and near Nashville, Tenn.
With return and recycling operations in more than 30 countries, HP recycled more than 102 million pounds of unwanted computer products globally in 2003. More information on HP's recycling program is available at http://www.hp.com/recycle.
Office Depot's environmental initiatives center on the guiding principles of Recycling and Pollution Reduction, Sustainable Forest Management, and Issue Awareness and Market Development for environmentally preferable products. Office Depot is the largest reseller of recycled paper and recycled content products. The company recently announced a five-year $2.2 million strategy to address forest and biodiversity conservation issues within the supply chain. http://www.community.officedepot.com/environment.asp