Friday, February 08, 2008

Staples Dumps Asia Pulp and Paper

The Wall Street Journal and others reported today that office supply retail giant Staples has canceled its contract with Asia Pulp and Paper (APP) for its continued poor environmental performance and unwillingness to transform itself to meet the needs of its customers.

From the WSJ piece:

"We decided engagement was not possible anymore," Mr. Buckley said. "We haven't seen any indication that APP has been making any positive strides" to protect the environment. Remaining a customer of APP was "at great peril to our brand," he added.

APP representatives didn't return calls seeking comment."

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