Global Sustainability

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Global Sustainability
Eastman Kodak Company 2008 Annual Report
Table of Contents
2 A Letter from Management
3 Report Scope
4 Company Profile
8 Sustainability Framework
12 Performance Data
17 Governance
21 Compliance
22 Privacy
23 Environmental Responsibility
35 Safety and Health
37 Supplier Responsibility
39 Our Employees
42 Our Communities
A Letter from
Management
A Letter from Management
Kodak has transformed itself into a new digitally oriented company during the past few years,
with some 70% (year-end 2008 percentage was 68%) of our revenues now derived from digital
businesses.
As we’ve said before, digital changes everything – including our approach to sustainability. For
more than ten years, we have set aggressive, quantitative goals as a key measure of our progress.
This year, we’ve published a new set of Sustainability Goals, expanding expectations for products,
suppliers and employees as part of our digital transformation. Energy usage and greenhouse gas
(GHG) emissions continue to be key focus areas. We far surpassed our goal to achieve 20%
reductions in these areas (since 2002) by posting 41% declines. Thus, in our new Sustainability
Goals, we have raised the target to 50% by 2012.
As you can see, while digital changes many things, it does not change what matters most – our
commitment to sustainability. That commitment is an unwavering constant in our strategy. We
recognize our role in helping society prosper by driving business growth in a responsible manner
that creates value for all stakeholders.
Even as we’ve grown our digitally oriented products and services, we’ve kept our sustainability
focus in our traditional imaging business, too. A key milestone was achieved with the recycling of
1.5 billion single use cameras over the two decades of this product’s life. This outstanding example
of recycling and reuse serves as a beacon to our digital businesses. We are now looking at ways in
which such a “cradle to cradle” approach to product stewardship can be achieved, with materials
and components being reused in ways not envisioned in today’s world, in which e-waste is a major
and growing challenge for all companies.
We’re very pleased that our performance continues to be recognized by a number of leading
worldwide organizations in the areas of ethics, corporate citizenship, diversity and environmental
stewardship. We thank Kodak people worldwide for making this recognition possible through their
sustained focus and accountability. All of us will continue working to ensure that we build on this
record of progress.
Antonio M. Perez
Chairman and
Chief Executive Officer
David M. Kiser
Vice President and Director
Health, Safety, Environment and
Sustainability
2
Report Scope
Report Scope
Kodak is pleased to present our third annual Global Sustainability Report as well as our
19th public report to include health, safety and environmental performance. The Global
Reporting Initiative Sustainability Reporting Guidelines (G3) provided the framework for
this report. The report content was selected and prioritized to communicate the approach,
specific actions and progress towards implementing Kodak’s Corporate Responsibility
Principles—its guide for strategic action on sustainability.
Information in the report reflects the worldwide business activities of Kodak and its
subsidiaries during the calendar year 2008. Every attempt has been made to report
performance data on a worldwide basis. Where this is not possible, exceptions are
noted. Greenhouse gas emission and energy data for the years up to and including
2007 have been verified by a third party auditor and certified by the California Climate
Action Registry. The remaining governance, environmental, health, safety, diversity
and philanthropy data are internally verified. Financial data is from the Eastman Kodak
Company 2008 Annual Report on Form 10-K available at www.kodak.com/go/annual
report.
Since our last report was released in May 2008, we have continued to align our report
more closely with the external standards of the Global Reporting Initiative. This 2008
Global Sustainability Report contains expanded
standard disclosures and performance data. As
constructed, it reflects the breadth of Kodak’s
performance, its successes and its challenges in
the framework of our overarching sustainability
and business strategy. You are welcome to provide
comments on our progress to kes@kodak.com.
3
Company
Profile
Company Profile
As the world’s foremost imaging innovator, Kodak helps consumers, businesses, and creative
professionals unleash the power of pictures and printing to enrich their lives. Kodak’s portfolio is
broad, including image capture and output devices, consumables and systems, and solutions for
consumer, business and commercial printing applications.
Kodak was founded by George Eastman in 1880 and incorporated in 1901 in the State of New
Jersey. Kodak’s common stock is traded on the New York Stock Exchange under the symbol
“EK.” There were 55,759 shareholders of record of common stock as of January 31, 2009.
Kodak is headquartered in Rochester, New York. We are a global company with worldwide sales
and operations including manufacturing operations in Brazil, Bulgaria, Canada, China, Germany,
India, Israel, Japan, Mexico, Russia, the United Kingdom and the United States.
At the end of 2008, the Company employed the full time equivalent of approximately
24,400 people. The actual number of employees may be greater because some
individuals work part time.
Non-U.S.
Employees
48%
U.S.
Employees
52%
4
Company
Profile
Company Operating Locations
Norway
Corporate
Headquarters
Rochester, NY
Canada
United States
Bermuda
Sweden
Finland
Denmark
Netherlands
Poland
England
Belgium
Luxembourg
Germany
France
Austria
Switzerland
Hungary
Romania
Portugal
Italy
Bulgaria
Turkey
Spain
Greece
Israel
Russia
Japan
China
Taiwan
Hong Kong
Thailand
Phillipines
Dubai
India
Mexico
Barbados
Venezuela
Colombia
Korea
Malaysia
Singapore
Peru
Brazil
Chile
Uruguay
Argentina
Australia
New Zealand
5
Company
Profile
Kodak Products and Services
2008 Net Sales from
Continuing Operations
Significant Products
Reportable Segment
and/or Services
Markets/Sectors Served
Consumer Digital Imaging
Digital cameras and accessories;
Consumers; Retail photofinishers;
(CDG)
Snapshot printers and media; Consumer
Mobile, automotive, industrial and
inkjet printers and media; Digital picture
professional imaging sectors
(in billions)
$3.1
frames; Retail printing kiosks and related
media; On-line imaging services; CCD
and CMOs sensors
Traditional photographic products and
Consumers; Professionals,
Film, Photofinishing and
services used to create motion pictures
cinematographers and other
Entertainment Group
and for consumer, professional and
entertainment imaging customers;
(FPEG)
industrial imaging applications; Single
$3.0
use cameras
Prepress equipment and consumables;
Creative, in-plant, data center,
Workflow software for commercial
commercial printing, packaging,
Graphic Communications
printing; Electrophotographic
newspaper and digital service
Group (GCG)
equipment and consumables; Inkjet
bureau market sectors
$3.3
printing systems; Document scanners;
Micrographic peripherals and media;
Maintenance and professional services
for printing products
Net Sales By Region, 2008
Canada and
Latin America
10%
Net Sales By Segment, 2008
United States
41%
GCG = $3.3B
Asia Pacific
16%
Europe, Middle
East and Africa
33%
Other = $7M
CDG = $3.1B
FPEG = $3.0B
Refer to Kodak’s 2008 Annual Report at www.kodak.com/go/annualreport for additional financial detail.
6
“Kodak has completed what is one of the most remarkable
turnarounds in corporate history: transitioning primarily from a
Company
Profile
film company to one positioned to compete in the digital world.
Throughout this time one unwavering constant has been our
commitment to operate as a responsible corporate citizen. Going
forward we are poised to achieve sustainable, profitable growth while
continuing to set and report on challenging goals for environmental
and social stewardship.”
—Antonio
Perez
2008 Significant Changes
As the Company entered the second half of 2008,
the global recession broadened dramatically and
began to negatively impact all of its businesses.
As a result, the Company has decided to focus
its investments on businesses at the core of its
strategy, which are Consumer Inkjet, Commercial
Inkjet and Enterprise workflow. The Company will
make pragmatic decisions, rationalize its product
portfolio, and focus its resources on those core
opportunities. The Company will continue to
build upon the stable, cash generating businesses
and reposition other digital business including
Kodak Gallery, OLED, Imaging Sensors and
Electrophotographic Printing to generate maximum
value.
Refer to Kodak’s 2008 Annual Report and Notice
of 2009 Annual Meeting and Proxy Statement at
www.kodak.com/go/annualreport for additional
detail including sectors served and types of
customers/beneficiaries by reportable segment
(pg. 5), risk factors (pg. 10), properties and
countries with major operations (pg. 15), legal
proceedings (pg. 15), subsidiaries (pg. 116) and
beneficial ownership (27, Proxy Statement).
7
Sustainability
Framework
Sustainability Framework
Kodak is committed to sustainability worldwide.
We recognize that we have a role to play in
helping society prosper by driving business growth
in a responsible manner that creates value for all
stakeholders. It’s the way George Eastman set up
his fledgling company in the 1880’s, and it’s our
legacy today.
The results of such progressive thinking of
the 1880’s is seen in our current sustainability
framework, consisting of the Kodak Values, the
Corporate Responsibility Principles and our public
and voluntary goals.
Carl W. Ackerman, a biographer, writing in 1932,
said: “Mr. Eastman was a giant in his day. The
social philosophy, which he practiced in building
his company, was not only far in advance of the
thinking during his lifetime, but it will be years
before it is generally recognized and accepted.”
At Kodak, we conduct ourselves according to six
corporate values. These values define who we are,
and how we act toward each other, our customers,
our shareholders and all our publics.
Beyond his inventive genius, Eastman blended
human and democratic qualities, with remarkable
foresight, into the building of his business. Among
the many important philanthropic interests of
Eastman were worker’s rights, institutes of higher
learning, scientific research, dental technology,
music appreciation, cinema, international business,
African-American education, and women’s
education and employment.
• Uncompromising Integrity
The Kodak Values
• Respect for the Dignity of the Individual
• Trust
• Credibility
• Continuous Improvement and Personal Renewal
• Recognition and Celebration
8
Sustainability
Framework
Corporate Responsibility Principles
We believe that doing well by shareholders also means doing right by customers, employees, neighbors, and
suppliers. Our Corporate Responsibility Principles serve as our guide for strategic action on sustainability.
Corporate Responsibility Principles
1. Kodak conducts its business activities to high ethical standards.
2. Kodak respects internationally accepted legal principles, and obeys the laws of countries in which it does
business.
3. Kodak is committed to sound corporate governance. In this regard, the Company’s diverse, independent Board of
Directors has adopted publicly available governance principles.
4. Kodak conducts its business activities in an environmentally responsible manner.
5. Kodak respects the privacy rights of its employees, customers, and suppliers.
6. Kodak promotes a work environment of equal opportunity for all employees and does not engage in unlawful
discrimination. The Company’s terms of employment are voluntary and the Company prohibits the use of child
or forced labor of any kind.
7. Kodak is committed to employing a diverse work force, and to building and maintaining an inclusive work
environment.
8. Kodak maintains a safe and healthy work environment.
9. Kodak recognizes the right of our employees to join associations of their own choosing or to refrain from joining,
and the right to collective bargaining unless otherwise prohibited by law.
10. Kodak expects that suppliers and distributors will comply with applicable laws and generally accepted standards
relating to business ethics, labor and environmental protection.
11. Kodak respects the economic development priorities of the developing countries in which it does business.
12. Kodak maintains a philanthropic program that reflects its global corporate goals in community development,
business opportunity and quality of life.
9
Sustainability
Framework
Public and Voluntary Goals
Kodak has had targeted improvement programs in its
manufacturing operations for many years. However,
in 1998, we made a shift from simply reporting
the end results of internal initiatives to committing
publicly to a set of multi-year performance goals and
sharing progress on an ongoing basis.
The first set of public goals set an ambitious 5-year
program to voluntarily reduce emissions, conserve
natural resources and improve the system by which
Kodak managed its environmental responsibilities.
The next set of goals established improvement
targets for many existing indicators and included new
elements to address employee health and safety.
Established in 2006, the third set of goals, the
Responsible Growth Goals, reflected our changing
business model and evolution to a digital imaging
company. The Goals acknowledged a greater supplier
role, encompassed an ever-broadening portfolio of
products and integrated strategic social aspects.
The end of 2008 marked the conclusion of the
Responsible Growth Goals. Progress has been
made in all areas, and full results are reported under
Performance Data.
These goals have now been superseded by the
Sustainability Goals. The Sustainability Goals again
broaden Kodak’s focus by boosting expectations for
products, suppliers and employees. For example,
new focus areas include an emphasis on enabling
employees to integrate sustainability principles
into their everyday work, a target for increasing the
number of ENERGY STAR qualified products, and
a renewed initiative to measure and further reduce
Kodak’s water usage worldwide. In addition to
the pursuit of the Sustainability Goals, worldwide
manufacturing sites will continue to annually set
additional local goals.
We are proud that during our unprecedented
transformation to a digital imaging company from
2002 through 2007, we remained committed to
sustainability. However, in order to ensure focus
on improvements during such difficult times, we
made difficult choices when setting our goals. For
example, we prioritized energy use and greenhouse
gas emission reductions and discontinued other
corporate-wide operational goals where significant
improvement had already been achieved. To
complement this approach, we empowered our
manufacturing sites to set additional sustainability
goals specific to their local priorities
10
Environmental Goals 1999-2003
Reduced manufacturing
waste by 47 %
Sustainability
Framework
Reduced water use by 36 %
Reduced energy use by 19 %
Reduced emissions of CO2 by
17 % (well over 20% based on
1990 levels)
Reduced emissions of 30
priority chemicals by 44 %
Reduced the use of heavy
metals in products by 85 %
Certified 29 major manufacturing sites to
internationally-recognized ISO 14001
A History of
Worldwide Progress
Health, Safety and Environmental Goals 2004-2005
Reduced greenhouse gas emissions
(primarily carbon dioxide) by 10 %
Reduced emissions of 28 priority
chemicals by 17 %
Reduced emissions of methylene chloride
by 52 % (more than 90% since 1987)
Reduced the use of energy by 12 %
Reduced the use of water by 33 %
Reduced waste from manufacturing by 22 %
Reduce the use of lead solder and chromium (VI)
corrosion protection treatment in 95 % of new products;
Improve End-of-Life capability of Kodak products
Reduced “Employee Safety Incident Rate” by 67 %
Responsible Growth Goals 2006-2008
Reduced greenhouse gas
emissions by 41% since 2002
Reduced the use of energy by
41% since 2002
Reduced Occupational Injury
Rate by 65%
Sustainability Goals 2009-2012
Social Responsibility
Employee Education
Raise awareness of Kodak’s sustainability commitment and its expectations of employees
Employee Safety
Achieve a 70% reduction in Kodak’s Occupational Injury Rate by 2012*
Product Responsibility
Product Energy Efficiency
Qualify all eligible newly commercialized Kodak products under ENERGY STAR guidelines
Product Environmental Attributes Improve the environmental attributes of Kodak products throughout their life cycle
Supply Chain Performance
Identify high priority suppliers annually and assess them against the performance expectations of
the Electronics Industry Citizenship Coalition
Operational Responsibility
Energy Conservation
Reduce the energy usage at Kodak operations worldwide by 50% by 2012*
Greenhouse Gas Emissions
Reduce greenhouse gas emissions from Kodak operations worldwide by 50% by 2012*
Water Efficiency
Measure Kodak’s worldwide water footprint
*Compared to 2002 baseline year
11
Performance
Data
Performance Data
Financial Highlights
Amounts in millions except earnings per share amount
2008
2007
$9,416
$10,301
R&D Expenses
501
549
SGA Expenses
1,583
1,778
140
543
Loss from Continuing Operations
(727)
(205)
Net (Loss) Earnings per Share
(1.57)
2.35
Total Assets
9179
13659
Long Term Debt
1,252
1,289
961
3,029
Net Sales
Restructuring Costs, Rationalization and Other
Shareholders Equity
12
Performance
Data
Responsible Growth Progress
The following table summarizes progress towards achieving our Responsible Growth Goals since their introduction
in 2006 through year end 2008.
Focus
Goal
Results
Social Responsibility
Global Citizenship
Improve access to Kodak
• Expanded product offerings of kiosks and scanners to ensure
products that provide direct accessibility to people with disabilities.
benefits to societal needs
• Kodak’s former Health Group (now Carestream Health, Inc.)
supported the establishment and continuing operations of 40
mammography clinics across China.
• Provided single-use cameras to The Nature Conservancy’s Photo
Voice project in China for villagers in the Yunnan Province to record
their lives, culture and the local environment.
• Provided print-on-demand technology for the publication of One of Us,
the Hurricane Katrina photo journal to aid relief efforts, and the Barack
Obama Official Inaugural Book Project.
• Partnered with Carestream Health, Inc. to provide health diagnostic
services to Olympic athletes in Beijing and donated equipment to local
healthcare organizations in China.
Employee
Health and Safety
Achieve 50% reduction
in Kodak’s Occupational
Injury Rate by 2008*
• Decreased the occupational injury rate by 65%, with significant
improvements in the United States and Canada.
Product Responsibility
Product Stewardship
Improve the environmental • Expanded the practice that all products are evaluated for HSE impacts to all
newly acquired businesses.
attributes of KODAK
Products throughout their • Enhanced product standards to improve the beyond compliance
life cycle
environmental attributes of Kodak products.
• Launched recycling of kiosk consumables, expected to save 2 million pounds
of waste from landfills.
• Recycled, reused or refurbished over 20 million pounds of waste in 2008
alone, through the Printer’s EnviroServices Program.
• Collected 1.5 billion Single Use Cameras for remanufacture over the life of the
program; current cameras utilize nearly 100% remanufactured parts.
• Reduced EASYSHARE All-in-One ink cartridge packaging by 75% while
utilizing recyclable paperboard.
• Improved battery life, material usage and packaging of digital cameras.
• Improved energy efficiency, and resource usage in retail printing with
solutions like the APEX.
• Introduced the innovative FLEXCEL NX System and THERMAL DIRECT Non
Process Plates, reducing waste and resource usage for printers.
Suppliers
Partner with suppliers
to meet Kodak’s
environmental and social
responsibility expectations
• Delivered a Kodak Supplier Performance Standard to all high priority suppliers.
• Participate in the Electronics Industry Citizenship Coalition, and its supply
chain performance improvement activities and supplier assessments.
Energy Usage
Achieve 20% reduction in
Kodak’s energy usage by
2008*
• Achieved an estimated 40% reduction in total energy usage (both direct and
indirect).
Greenhouse Gas Emissions
Achieve 20% reduction in • Achieved an estimated 40% net reduction in total GHG emissions (both
Kodak’s greenhouse gas
direct and indirect).
emissions (GHG) by 2008*
Operational Responsibility
*Compared to 2002 baseline year
13
Performance
Data
Employee Safety
In 2008, Kodak’s injury/illness rate improved
by 18% over 2007 and 65% over the baseline
year of 2002. Additionally, Kodak experienced a
workplace fatality at its plate manufacturing facility
in Windsor, Colorado. In response, safety experts
completed targeted audits of all similar operations
worldwide, and corrective actions have been
implemented.
Kodak Worldwide Occupational Injury /Illness Rate (OIR)
(cases per 100 full time workers)
2.5
2.0
1.92
OIR
GOAL 1.8
1.52
1.5
1.25
1.0
0.5
0
2007
2006
2008
Year
Energy Use and Greenhouse Gas Emissions
In 2008, Kodak used 23,600 terajoules of energy
for manufacturing, a drop of 7% from 2007 and
41% from the 2002 baseline year. Manufacturing
operations represent over 90% of the Kodak’s total
energy usage.
Kodak Worldwide Energy Usage Reduction Progress
(tera joules)
40000
35000
GOAL 20% Reduction
from 2002
30000
25000
20000
15000
10000
5000
0
2002 Baseline
2003
2004
2005
2006
2007
2008
Year
Kodak Worldwide Global Greenhouse Gas Reduction
Progress (millions metric tons)
3.00
2.50
GOAL 20% Reduction
from 2002
2.00
1.50
1.00
0.50
0
2002 Baseline
2003
2004
2005
Year
2006
2007
2008
In 2008, Kodak emitted 1.8 million metric tons
of carbon dioxide-equivalents from its operations
around the world, largely from United States (U.S.)
manufacturing operations. This is a reduction of 7%
from 2007 and a reduction of 41% from the 2002
baseline year. About 99% of Kodak’s greenhouse
gas emissions are the result of energy use. Kodak
far exceeded both its energy and greenhouse gas
reduction goals of 20% from 2002 to 2008.
All of the 2002-2007 results and been verified by
a third party and certified by the California Climate
Action Registry. Results have also been reviewed
and accepted by the U.S. EPA Climate Leaders
program. In 2008, results are being reported to
The Climate Registry. The Climate Registry is
a multi-state registry, with protocols and third
party verification that are similar to the California
Climate Action Registry. As in past years, the 2008
emissions will be verified in the latter part of 2009
by a third party in accordance with The Climate
Registry and then submitted for acceptance by the
U.S. EPA Climate Leaders.
14
Performance
Data
Other Environmental Metrics
Kodak used 31.7 billion liters of water in 2008 – an 11% reduction from 2007. Although there has not
been a corporate target for water usage reduction between the years 2002 to 2008, the majority of
manufacturing sites do set site-specific reduction targets.
Waste generation values are from the Eastman Business Park, the Rochester Research Complex and the
Colorado Site. These three sites represent an estimated 80% of Kodak’s total waste generation and realized
a 28% reduction from the previous year. Waste from the Eastman Business Park and the Rochester Research
Complex includes general refuse, wastewater discharge and those waste defined by the U.S. Resource
Conservation and Recovery Act. Waste from the Colorado Site is similarly reported with the exception that it
does not include wastewater but does include wastewater treatment plant sludge.
The Volatile Organic Compounds (VOC) emissions are also from the three sites mentioned above and are
estimated to represent 80% of Kodak’s total VOC emissions. Emissions at these sites were reduced by 9%
over the previous year. Emissions reported are for U.S. Environmental Protection Agency’s defined VOCs, and,
therefore, do not cover all organic compounds that may be emitted.
2007
Water Use (billions of liters)
Waste Generation (metric tons)
VOC Emissions (metric tons)
2008
% of Operations Reporting
35.6
31.7
100
48,689
35,041
80
353
321
80
15
Performance
Data
Additional Operational Data
Each Kodak manufacturing site establishes annual objectives and reports quarterly progress. Depending
on the site’s operations, size and current status, performance metrics in addition to corporate-wide goals
may be defined for emission reductions to land, water and air, natural resource conservation and/or
compliance assurance.
Manufacturing Site
Columbus, Georgia
• 4.1% electricity use reduction
• 30% water use reduction
• 18% natural gas use reduction
• 30% solid waste to landfill reduction
Dayton, Ohio
• 5.8% water use reduction
(47% reduction since 2001)
• 496 tons of waste recycled
Guadalajara, Mexico
• 10% electricity use reduction
• 15.7% water use reduction
• 13% non-hazardous waste reduction
• Zero water discharge operations
Harrow, United Kingdom
• 90% of dry waste recycled
Leeds, United Kingdom
• 25% water use reduction
• 83% of waste recycled
Malanpur, India
• 9% water use reduction
• 1.5% energy use reduction
Osterode, Germany
• 3.2% electricity use reduction
• 0.4% natural gas use reduction
• 0.4% hydrochloric acid use reduction
Peabody, Massachusetts
• 3% energy use reduction
• 7.8% chloride load reduction in waste water
Pereslavl, Russia
• 15% electricity use reduction
• 18% water use reduction
• 90% of cardboard and plastic wastes recycled
Shanghai, China
• 24.6% solid waste reduction
Weatherford, Oklahoma
• 4.08% electricity use reduction
• 31% electricity consumption
reduction normalized to
production
• 15% water use reduction
• 8% energy use reduction
• 42% hazardous waste cost reduction
• 12.5% increased in recycled materials
• 25% vehicle gasoline use
reduction
• No change in electricity usage and generation
of hazardous waste
Wuxi, China
Xiamen, China
2008 Results and Reductions Over 2007
• 8% natural gas use reduction
16
Kodak conducts its business activities to high ethical standards.
Kodak is committed to sound corporate governance. In this regard,
Governance
the Company’s diverse, independent Board of Directors has adopted
publicly available governance principles.
Governance
Ethical business conduct and good corporate
governance are not new at Kodak. The reputation
of our Company and our brand has been built by
more than a century of ethical business conduct.
The Company and Board have long practiced
good corporate governance and believe it to be
a prerequisite to providing sustained, long-term
value to our shareholders. We continually monitor
developments in the area of corporate governance
and lead in developing and implementing best
practices.
First adopted in July 2001, our Corporate
Governance Guidelines reflect the principles by
which the Company operates. They establish a
common set of expectations to assist the Board
and its committees in fulfilling their responsibilities.
In 2004, our Board adopted a Directors’ Code
of Conduct to guide the Directors in recognizing
and addressing ethical issues and in ensuring
that their activities are consistent with the Kodak
Values. Additionally, the Board operates within the
framework of Committee Charters, Independence
Standards and Qualification Standards.
Kodak maintains Director Independence Standards,
pursuant to the New York State Exchange Listing
Standards. At the end of 2008, 10 of the 11 Board
members were independent directors. Kodak
Chairman and CEO Antonio Perez is the single
executive member.
Shareholders and employees can contact the
Board through Kodak Shareholder Services. Kodak
also provides a process by which shareholders
can bring forward shareholder proposals to be
considered at the Company’s annual meeting
of shareholders. Contact information for
Shareholder Services and additional information
on submitting shareholder proposals can be
found at www.kodak.com/go/governance. At
the 2008 annual meeting of shareholders, there
was one shareholder proposal on majority voting
requirements for director nominees that was
defeated.
All of our employees are required to comply with
our long-standing code of conduct, the Business
Conduct Guide. Available in 20 languages, the
Guide requires our employees to maintain the
highest ethical standards in the conduct of
company business so that they and Kodak are
always above reproach. Training on the Guide is
delivered annually to all employees worldwide.
Additional information on Kodak’s Board
of Directors, Codes of Conduct, Corporate
Governance Guidelines, and Board standards and
processes can be found on our website at
www.kodak.com/go/governance.
Committee Structure
The Corporate Responsibility and Governance
Committee, a committee of the Board of Directors,
oversees the governance structure by
• identifying and recommending individuals to
the Board for nomination as directors;
• performing an annual review of the Board’s
performance; and
• overseeing the Company’s activities in
the areas of environmental and social
responsibility, charitable contributions,
diversity and equal employment opportunity.
17
Governance
Kodak utilizes a Corporate Management Committee
structure to oversee its sustainability activities and
ensure they are aligned with the Responsibility
Principles. Each committee is lead by a company
officer and comprised of senior leaders from across
the company. Select committees include:
• Contributions Policy Committee
• Corporate Ethics & Compliance Committee
• Health, Safety and Environment Management
Council
• Risk Management Council, and
R
• Senior Executive Diversity & Inclusion Council
External Membership
Kodak’s internal governance structure is
complemented by its membership in strategic
external associations
• The United States Council of
International Business (USCIB).
USCIB promotes open markets,
competitiveness and innovation,
sustainable development
and corporate responsibility,
supported by international engagement and
prudent regulation.
• The Electronics Industry
Citizenship Coalition (EICC).
EICC outlines standards to
ensure that working conditions
among manufacturers in the electronics industry
are safe, workers are treated with respect and
dignity, and that manufacturing processes are
environmentally responsible.
• The Global Environmental
Management Initiative
GEMI
(GEMI). GEMI strives to
improve environmental
performance, promote corporate citizenship and
contribute to financial success and shareholder
value.
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• Business Roundtable. An association of chief
executive officers of leading United States
companies, the Roundtable task forces focuses
on issues it believes will have an effect on
the economic well-being of the nation. Kodak
participates on Consumer
Health and Retirement, and
Sustainable Growth Initiatives.
• Information Technology Industry Council
(ITI). One of the trade groups with the longest
service record to the technology industry, ITI
consists of manufacturers and suppliers of
computers, telecommunications, business
equipment, software and IT services who
have come together to promote the global
competitiveness of its members. Kodak holds
an executive committee membership on the ITI
Board of Directors and a board position on its
Environmental Leadership Council.
Glob
al
En
The Audit Committee, a committee of the Board
of Directors, assists the company’s governance
structure by overseeing:
• the integrity of the Company’s financial
reports;
• the Company’s compliance with legal and
regulatory requirements;
• the Company’s systems of disclosure controls
and procedures and internal control over
financial reporting; and
• the performance of the Company’s internal
auditors.
18
Governance
Stakeholder Engagement
Eastman Business Park in Rochester, NY is our
largest site. Spanning over 900 acres, there
are approximately 13,000 households and 550
businesses considered site neighbors. To ensure
we are supporting this community’s information
needs and responding to concerns, Kodak has
established a Neighborhood Information Center,
an Environmental Concerns Line and a Community
Advisory Council (CAC). CAC members
representing local government, school districts,
plant neighbors, special interest groups and
Kodak meet monthly to exchange information. In
addition, Kodak representatives meet monthly with
members of specific neighborhoods adjacent to
the site for in-depth discussions on environmental
issues and other topics. During 2008, a minimal
number of calls were received from site neighbors.
Many of these calls were general questions, with
the steam and electric generation operations at
Eastman Business Park being the predominate area
of focus.
External Recognition
We are proud to be externally recognized for the
results that our focus on high ethical standards and
sound corporate governance have achieved.
Covalence Ethical Ranking
In the 2008 Ethical Ranking published by
Covalence, a Geneva-based company, Kodak
ranked ninth among 32 multinational companies
in the personal and household goods sector and
100th among 541 companies
representing all sectors.
Covalence’s ethical quotation
system is a reputation index
based on an analysis of
business contribution to
human development such
as labor standards, waste management, product
social utility and human rights policy.
Dow Jones Sustainability Index
Kodak was again named to the Dow Jones
Sustainability Index (DJSI). Kodak was first named
to the Index in 2001. The annual review of the DJSI
is based on a thorough assessment of corporate
economic, environmental and social performance.
9
FTSE4Good Index
In every year since 2001, Kodak has been included
in the FTSE4Good Index, a
London-based system designed
to give investors a global standard
for comparing the environmental
and social performance of
companies that also meet
financial criteria for being on the FTSE index.
Global 100
For the fourth consecutive year, Kodak
has been named to the list of “Global
100 Most Sustainable Corporations in
the World.” A company that makes
the Global 100 is part of a select group
whose sustainability performance
demonstrates a strategic ability to
manage economic, social and environmental
responsibility.
Pacific Sustainability Index
Kodak has received an A+ rating on the Pacific
Sustainability Index (PSI) from Roberts Environmental
Center at Claremont McKenna College. The PSI uses
a questionnaire approach to analyze the quality of
sustainability reporting and assign companies a letter
grade. A+ indicates a company with a score in the
highest 4%.
19
Governance
A Closer Look at Kodak’s Health, Safety
and Environment Management System
Kodak’s commitment to Health, Safety and
Environment (HSE) starts with the senior leaders
of the corporation. The HSE Management Council,
which is chaired by a Company Vice President,
provides leadership, sets policy and reviews
company HSE performance. The Management
Council includes senior leaders from the company’s
Worldwide Business Units, Legal, Communications
& Public Affairs and HSE. The HSE Coordinating
Committee, which is chaired by the Vice President
and Director of HSE, develops and administers
appropriate programs under the direction of the
Management Council. The Coordinating Committee
includes a number of subcommittees and key
programs that focus on critical issues such as
product design, supplier performance, compliance
and management systems, and functions as a
technical advisory panel to the Management
Council.
Kodak continues to maintain ISO 14001 certification
of its Corporate HSE Management System and the
majority of manufacturing sites, as well as meeting
continuous improvement targets. The management
system includes Corporate HSE Performance
Standards for Employees, Facilities and Loss
Prevention, Partnerships with Suppliers and Product
Commercialization activities. Facilities worldwide,
including subsidiaries, are routinely audited to
verify compliance with Corporate HSE Performance
Standards, policies, procedures, and the laws and
regulations of applicable governing entities.
Corporate HSE Management System
HSE
Management
Council
HSE
Coordinating
Committee
HSECC Subcommittees
1. Product stewardship
2. employee and facility
stewardship
3. HSE audit and controls
4. HSE communications and
external relations
20
Kodak respects internationally accepted legal principles, and obeys
the laws of countries in which it does business.
Compliance
Compliance
Kodak periodically conducts enterprise level risk
assessments. The process is administered by the
Company’s Chief Compliance Officer and Internal
Auditors and includes assessment of compliance with
United Sates and international laws, such as labor and
human rights laws.
Currently, Kodak and its subsidiaries are involved in
various legal proceedings which are being handled
and defended in the ordinary course of business.
Although Kodak does not expect that the outcome
in any of these matters will have a material adverse
effect on its financial condition or results of operations,
litigation is inherently unpredictable.
Significant Health, Safety and Environmental
Compliance
In 2008, Kodak paid a $5,000 fine for a U.S.
OSHA citation for violations under the general
duty clause at its facility in Windsor, Colorado and
a $122,500 civil penalty to the New York State
Department of Environmental Conservation (DEC)
for violations that occurred between January 2004
and December 2007 at Eastman Business Park
(formerly Kodak Park). The DEC settlement largely
concerned self-reported violations of air permit
record-keeping and monitoring deficiencies that
did not result in releases to the environment, and a
single allegation concerning objectionable material
contained in debris at a demolition site.
Regarding the Eastman Business Park site, Kodak is
currently implementing a Corrective Action Program
required by the Resource Conservation and Recovery
Act (RCRA) and is currently in the process of
completing, and in many cases has completed, required
actions for areas at the site. The majority of future
work relates to long-term operation, maintenance of
remediation systems and monitoring costs.
In addition to these activities and as a result of a 1994
Consent Decree, Kodak is subject to a Compliance
Schedule, under which it has improved its waste
characterization procedures, upgraded one of its
incinerators, and upgraded its industrial sewer system
at the Eastman Business Park facility. The Company
has submitted the required certifications demonstrating
that it has completed the requirements of the Consent
Decree, and expects the Decree to be closed in late
2009. Additional information on environmental
compliance activities at Eastman Business Park can be
found in the 2008 Eastman Business Park Sustainability
Report available at www.kodak.com/go/sustainability.
Kodak is presently designated as a potentially
responsible party (PRP) under the Comprehensive
Environmental Response, Compensation and
Liability Act of 1980, as amended (the Superfund
Law), or under similar state laws, for environmental
assessment and cleanup costs at eight Superfund
sites; two of which are related to businesses sold in
1994. With respect to each of these sites, Kodak’s
liability is minimal.
2008
2007
2006
$127,500
$0
$53,226
Pollution Prevention and Waste Treatment
Expenditures (in millions)
$40
$57
$68
Long-Term Environmental Liabilities (in millions)
$115
$125
$154
Health, Safety or Environmental Fines and Penalties
• Corrective Action Program (Rochester, NY)
$63
$63
$65
• Various Other Operating Sites
$12
$19
$16
• Former Operations and Plant Closures
$21
$23
$32
• Retained Obligations from Businesses Sold in 1994
$19
$20
$21
—
—
$20
• Acquired Businesses
21
Kodak respects the privacy rights of its employees,
Privacy
customers, and suppliers.
Privacy
Kodak strongly believes in the fundamental right to
individual privacy. To that end, we are committed
to use personal data relating to our employees,
customers and suppliers only for legitimate business
purposes. Such information is collected, processed,
stored and transferred among Kodak locations
worldwide -- and between Kodak and third parties
-- in a manner that is consistent with Kodak business
practices and policies, and in compliance with all
applicable laws.
Particular attention is given to the administration
of sensitive information. Oversight of this policy is
the responsibility of the company’s Chief Security
and Privacy Officer. Every Kodak organization
must comply with this policy, and all employees
worldwide who work with personal data are required
to complete data privacy training every two years.
Kodak is a member of the Direct Marketing
Association (DMA). Kodak.com and the Kodak
Gallery web site participate in the DMA Safe Harbor
Seal Program, under which the DMA provides
an independent third-party dispute resolution
mechanism for privacy complaints. No customer
complaint has ever been filed against Kodak under
this program.
The DMA also has developed educational materials
for companies and consumers interested in finding
out more about the Safe Harbor framework and the
DMA Safe Harbor Program.
In addition, all vendors who access personal data
collected by the company are required by contract to
handle data in a manner consistent with our policies.
The firm commitment to safeguarding privacy extends
to customers in the Kodak Gallery (operated by Kodak
Imaging Network, Inc.) and sites maintained by the
Gallery on behalf of third-party partners.
Safe Harbor Program
The United States (U.S.) and the European Union
(EU) have negotiated a Safe Harbor Agreement that
allows U.S. companies to import personal information
from Europe. Essentially, the program is designed to
assure that the transfer of personal data from the EU
to the U.S. complies with core privacy principles. As
part of its compliance with the Safe Harbor guidelines,
Kodak completes a self-assessment each year and
certifies compliance with the Safe Harbor Principles
to the U.S. Department of Commerce (DOC). Kodak
Gallery makes a separate certification of compliance
to the DOC.
22
Kodak conducts its business activities in an
environmentally responsible manner.
Environmental
Responsibility
Product Stewardship
Kodak established a product design strategy in 1991
to ensure that product life cycle considerations look
beyond current regulatory compliance. The strategy
integrates sources of potential future regulatory
requirements, competitors’ actions and issues of
public concern into measurable standards that must
be met by all Kodak products.
Comprehensive product assessments continue to be
integral to the process. Product assessments review
health, safety and environmental considerations of
new product commercialization across the entire
product life cycle. Kodak’s beyond compliance
positions are codified in Kodak’s internal Product
Standards. The Standards cover all life cycle
stages and are part of Kodak’s ISO 14001-certified
Corporate HSE Management System.
In 2008, Kodak’s product stewardship programs
resulted in numerous eco-efficiency gains. Photolab
systems, OLED technology, digital cameras, single
use cameras and commercial graphic products have
made improvements in energy efficiency, material
usage, recycling and design for remanufacturability.
Product Stewardship initiatives also extend to our
customers whether they are large graphic print
shops, retail photofinishers or individual consumers.
Kodak is dedicated to helping all customers
cost-effectively address sustainability challenges.
Kodak’s objective is to enhance our capability
to develop product systems that enable
environmentally sustainable growth. The
environmental dimension of sustainable growth,
often termed eco-efficiency, necessitates a product
focus beyond current regulatory compliance. Life
Cycle Assessment and other related tools are
used to gauge and improve the eco-efficiency of
product systems in order to provide more product
or service value for less environmental impact.
With the use of the tools, Kodak is able to establish
metrics, set design targets, provide design guidance,
and compare competing technologies based on
associated environmental impacts.
To help meet the challenge, Kodak has partnered
with academic institutions, such as Rochester
Institute of Technology’s Golisano Institute
for Sustainability and Georgia Institute of
Technology’s Environmentally Conscious Design
and Manufacturing Program, to enhance its
eco-efficiency tools, obtain a better understanding
of the environmental profiles of various imaging
systems and identify opportunities for improvement.
23
Environmental
Responsibility
Moving to Dry Technology
APEX was built from the ground up with sustainability
as a key goal. Marketers and engineers worked
together over an 18-month period by starting with
in-store visits, deciding what problems to solve. The
development process also included in-store trials in
several retailer locations across the globe, in order to
confirm that the sustainability results were delivered.
As compared with silver halide-based photolabs,
APEX consumes 70% to 90% less energy and
eliminates up to 90% of greenhouse gas emissions.
Ergonomically designed for serviceability and ease of
operator use, its scalable and modular features ensure
maximum construction and packaging material
efficiency.
In recent years, KODAK Photo Retailing Technology
has made great strides in capabilities, performance
and flexibility while becoming more eco-efficient as
the technology transitions to digital solutions.
KODAK Thermal Papers and Media are leading the
way by producing excellent color prints whether
used with KODAK Picture Kiosks, or the behindthe-counter KODAK Photolab Systems. Thermal
media enables a system that uses no water or
photoprocessing chemicals and generates no
regulated waste. In 2008, the environmental benefits
of thermal media were expanded as Kodak and
Wal-Mart launched a national program to recycle
used thermal media materials from in-store picture
kiosks. The program is underway at about 4,100
Wal-Mart stores and Sam’s Clubs in the United
States (U.S.) and is expected to annually recycle two
million pounds of thermal printer ribbon, spools and
cartridges.
In September 2008, Kodak showcased APEX during a
tour for attendees of the International Conference on
Sustainable Manufacturing hosted by the Rochester
Institute of Technology, the OECD, and the U.S.
Commerce Department.
In January 2008, the Digital Imaging Marketing
Association gave its Innovative Digital Product Award
to the KODAK Adaptive Picture Exchange (APEX),
a modular, behind-the-counter thermal photolab
system that enables retailers to produce profitable,
high-quality photo products while dramatically
reducing their costs and environmental footprint.
Environmental Progress – Kodak Photo Retailing Technology
KPM
2000
Footprint
Reduction
Throughput
Of Prints
(4 x 6)
1 print
per minute
KPM II
G3
G4
DPS900
APEX
2002
2004
2005
2006
2007
24”W X 37”D 17”W X 31”D 17’, 24”, and 36” W
26” up to
X 65”H
X 58”H
36” W
Flexibility for 122”W
Flexibility for 8 X 12 Printer Modular
8 X 10 Printer
Configurations
2.2 prints
per minute
5 prints
per minute
Up to 15 prints 15 prints
per minute
per minute
Up to 38
prints
per minute
24
Environmental
Responsibility
Award-Winning Digital Camera and
Picture Frame Designs
Today, some 30 years after Kodak’s first digital
camera-enabling patent in 1978, Kodak continues
to deliver digital cameras with the features and
flexibilty that consumers value, in efficient designs
that reduce potential impact on the environment.
The KODAK EASYSHARE ZD710
camera’s energy-efficient design led
to an Innovations 2008 Design and
Engineering Award in the Eco-Design
and Sustainable Technology category
from the International Consumer
Electronics Association. A new
eco-design feature allowed the ZD710 to capture
almost twice as many shots as the previous
model, a substantial reduction in battery
consumption. Whereas early 0.9
megapixel KODAK Digital Cameras
required four AA alkaline batteries for
about 50 pictures, the ZD710 model with
7.4 megapixels provides more than 800
pictures per one CR-V3 lithium battery.
Kodak not only designs its cameras to be energy
efficient and environmentally friendly, it also takes
a responsible approach to their use and end-oflife stages. For example, Kodak participates in
the Rechargeable Battery Recycling Corporation’s
national Call2Recycle‘ program, which helps
consumers recycle used portable rechargeable
batteries, such as those found in digital cameras, as
well as old cell phones.
Kodak also offers a “trade-in and trade-up” program
specifically for digital cameras. Partnering with
DealTree, the program allows camera owners to
trade in old digital cameras (regardless of brand) for
a cash rebate. The initiative, which began in 2006,
results in digital cameras being re-used rather than
discarded.
Not only do Kodak’s award-winning digital picture
frames provide vivid and vibrant images, they offer
environmental advantages, as well.
First introduced in 2007, today’s KODAK
EASYSHARE Digital Picture Frames allow
consumers to play slideshows of their favorite
digital pictures and videos set to music. Brilliant,
high-resolution color images, displayed in crisp
detail, have made the
frames increasingly
popular in today’s digitally
savvy world.
However, when the
International Consumer
Electronics Association
selected the KODAK
EASYSHARE M820 Digital Frame as a 2009
Innovations Design and Engineering Award honoree
in the Eco-Design product category, it recognized
the product’s environmental attributes as well as its
high quality.
The KODAK EASYSHARE M820 Digital Frame
was commercialized using Kodak’s Design for
Environment principles and reflects the Company’s
policy for supply chain responsibility. Among its key
features are the following:
• LED backlighting that replaces mercury-containing
bulbs.
• Meets the world’s most restrictive concentration
thresholds for mercury, lead, cadmium and other
regulated materials.
• Meets voluntary energy conservation guidelines for
use, standby, and power-off modes.
• Minimized packaging material that is marked for
recycling in various worldwide collection programs.
• An overall 10% reduction in use of materials.
• Verified that supply partner conforms to the
Electronics Industry Citizenship Coalition’s Code of
Conduct.
In late in 2008, Kodak introduced the world’s first
Organic Light Emitting Diode (OLED) wireless
picture frame, which requires no backlighting at all
and incorporates the many other environmental
advantages of OLED technology.
25
Environmental
Responsibility
Advances in OLED Technology
Throughout the course of its 130-year history, Kodak
innovation has delivered cutting-edge products of
the day while continually promising even better
things to come.
So it is today with KODAK OLED Products, which
combine unparalleled image quality with a wide
array of environmental advantages. And, the
company’s OLED Technology offers the clear
promise of an even brighter – and greener – future.
Kodak leads the way in the OLED industry in
both flat-panel display and solid-state lighting
applications, and virtually all companies with
commercial products in these arenas rely on Kodak
technology. No heavy metals are used in OLED
devices, and they require fewer materials than other
technologies.
The USDOE also has awarded Kodak a two-year
contract to develop key technologies and processes
for OLED lighting panels. Kodak first will develop
an OLED luminaire that meets ENERGY STAR
color and efficacy specifications and will address
key areas of manufacturing processes through
Kodak’s Vapor Injection Source Technology (VIST).
VIST allows manufacturers to significantly reduce
unit-manufacturing costs, with high manufacturing
throughput and material utilization that initially
exceeds 50%, and could be greater than 75% in
future manufacturing applications.
KODAK OLED Technology clearly is following the
company’s long tradition of “innovation today, more
to come tomorrow.”
KODAK OLED Display Screens are as thin as a
credit card, yet they produce bright, crisp images
easily seen from any angle. Because they need no
backlighting, they use far less power than traditional
LCD screens. And, future manufacturing methods
combined with Kodak technologies will drive an
additional waste reduction of 50% to 90%.
The future for solid-state lighting is equally
promising -- both economically and environmentally
— as the company’s OLED technology leads the way
to a cost-competitive, high-efficiency alternative to
fluorescent or incandescent lighting. OLED panels
provide a natural-looking light that renders realistic
colors and also yields energy savings of as much as
50% or more over electrical filaments or gas.
Frost & Sullivan, the global consulting and market
research company, named Kodak recipient of its
2008 North American Technology Leadership
Award in the field of OLED Display Technology.
Also in 2008, Kodak received a United Sates
Department of Energy (USDOE) “Illuminating Ideas”
Award for “significant achievements in solid-state
lighting research and development.”
26
With these increased recycling rates, it means
that today most KODAK Single Use Cameras are
produced from recycled camera bodies.
1.5 Billion Single-Use Cameras
and Counting
Kodak has achieved the milestone of
recycling 1.5 billion single use cameras,
including both KODAK Cameras and those from the
Company’s competitors.
How does it work? A photofinisher returns used
single use cameras to a collection center. Kodak
then pays a fee for returned single use cameras,
including those from other manufacturers with whom
Kodak has an exchange agreement. The cameras are
collected after the film is processed and, in the U.S.,
sent to Rochester, New York to be sorted and routed.
Through a mutual agreement, major competitors’
single use cameras are sent to their original
manufacturers while KODAK Single Use Cameras are
sent to a Kodak factory in Guadalajara, Mexico, to be
recycled and reused. The body and internal parts in
good condition are put into new single use cameras,
while the rest of the camera, such as the plastic outer
casing, is ground and recycled. Kodak’s Design for
Environment philosophy has resulted in cameras
that are easier to dismantle for reuse of compatible
materials and components.
Percentage of different products recycled in 2008
(U.S. Rates)
Started in 1990, the KODAK Single Use Camera
recycling program, works with photofinishing outlets
to return used single use cameras to Kodak sorting
centers, where they are then routed for recycling.
Nearly every piece of the camera is either recycled
or reused in the ongoing production of more single
use cameras, bringing down costs for consumers and
keeping huge amounts of waste out of landfills. Laid
end-to-end, the 1.5 billion cameras would stretch
120,000 miles, which is enough to circle the earth five
times or reach more than halfway to the moon.
Of the 1.5 billion, nearly 1 billion were KODAK Single
Use Cameras. In the United States (U.S.), the rate of
recycling for KODAK Single Use Cameras is 84%.
That is up from 75% just a few years ago and is the
highest rate of recycling of any consumer product
in the U.S., handily beating the national recycling
rates for items such as aluminum cans (52%) and
consumer electronics (less than 20%).
Kodak has recy
84%
50%
55%
25%
18%
1%
Cell
Phones
Computers/
TVs
Plastic
Beverage
Containers
Office
Paper
Major
Appliances
KODAK
Single Use
Cameras
Laid end-to-end, the
27
Environmental
Responsibility
The Evolution of Printing Plates
For well over two decades, Kodak has led the way in
developing advancements in printing plate technology.
Today, Kodak’s comprehensive line of digital plates
allows printers to find the best product for their
operation that will reduce waste generation and the
use of chemistry and energy in the plate-making
process. In addition, innovations in plate technology
have improved operational efficiency, reduced overall
costs and driven greater productivity for Kodak
customers.
Kodak NexPress Digital Color Presses
While Kodak NexPress Digital Production Color
Presses are known in the printing industry for their
outstanding performance, they are also designed to
lessen their environmental impact. Many recycled
materials are used in manufacturing, and the
mainframes, accessories and replacements parts are
designed to be remanufactured or recycled.
The presses run with virtually no emissions, do not
use or generate any harmful compounds and require
no hazardous waste removal.
Since the mid-1990s, Kodak has developed four
generations of thermal plate technology, with each
step offering another option of sustainable plate
solutions.
Preheat/postbake plates like KODAK THERMAL
GOLD Plates, introduced in 1995, offer high quality
and utilize processors, chemistry and ovens. Two
years later came KODAK ELECTRA EXCEL Thermal
Plates, which remove the need for prebaking plates,
thus reducing requirements for chemistry and energy.
In 2002, the introduction of KODAK SWORD
Thermal Plates eliminated the need for post-baking
ovens entirely, yielding another significant reduction in
energy, chemistry and waste.
Today, non-process plates like KODAK THERMAL
DIRECT Non Process Plates have removed the need
for processors and chemistry all together, offering the
most favorable environmental attributes of any plate
solution available today – no additional energy, water,
or chemistry, and no waste to handle.
Regardless of the specific technology, all our
digital plate solutions strive to reduce the impact
of process variability while minimizing the effort
required to maintain exceptional stability. Better
stability with fewer plate remakes means greater
sustainability, leading to less consumption of
energy, chemistry, water, paper, ink and waste in
both prepress and on press.
28
Environmental
Responsibility
Serving the Graphics Community
Kodak provides a wide variety of products for the
graphics community, each with sound environmental
attributes.
• Digital printing solutions engineered to maximize
component recycling and reuse
• Prepress solutions that reduce the consumption of
energy, water and chemicals
• Workflow solutions that automate or eliminate
process steps and reduce energy and waste across
the print production chain
• Web-to-print workflows that greatly reduce the
use of paper and ink
• ENERGY STAR scanners that use 30% to 75% less
energy than standard equipment
However, as in many other businesses, print service
providers in the graphics industry realize that more
and more customers and potential customers prefer
to work with companies that are environmentally
responsible and committed to sustainability in
addition to offering environmentally advantaged
products. And Kodak’s graphic communications
business is right in step with this trend.
Through a program called Toward Greater
Sustainability…Together, Kodak partners with printing
industry associations and customers around the
globe to develop and localize effective programs that
support customers’ sustainability objectives.
To help printers achieve environmental goals, Kodak
continues to utilize and broaden the worldwide reach
of its “Green Kit,” an easy-to-understand overview
of sustainability and its importance to printers.
The Green Kit includes the “Top Ten Strategies
for Sustainability,” tips and suggestions for “going
green,” insight on what customers think about the
green movement, a glossary of terms, and links to
nearly 30 different sources of information. In 2008,
Kodak expanded its customer support through
webinars with topics such as “How to complete a
sustainability self-audit” and “Sustainability is the
new green.”
A highly successful Kodak initiative that helps
printing industry customers manage their operations’
environmental footprint is best known as PEP – the
Printer’s Environmental Program. This multi-faceted
effort includes recycling and reuse programs for
a variety of materials and provides additional
support through a pollution prevention program, a
waste disposal services program, and a customer
sustainability website.
In 2008, PEP customers saved over 20 million
pounds of waste from the landfill through recycling,
reuse or refurbishment.
With its industry partners, Kodak is currently funding
the following graphics industry projects that support
outreach and research programs for sustainability:
• Bundesverband Druck und Medien (Germany)
• Verband Druck und Medien Österreich (Austria)
• Verband der Schweizer Druckindustrie
(Switzerland)
• British Printing Industries Federation (U.K.)
• British Association for Print & Communications
(U.K.)
• Envirowise (U.K.)
• Verdigris (U.K.)
• Sustainable Green Partnership (U.S.)
• National Printing Equipment and Supplies (U.S.)
• Printing Industries of America (U.S.)
29
Environmental
Responsibility
Making Energy Efficiency a Culture
Energy efficiency and the reduction of greenhouse
gas (GHG) emissions remain a key, corporate-wide
focus at Kodak. For more than a decade, we have set
stringent, multi-year voluntary goals in these areas
and have publicly reported the results. Since 2002,
Kodak has reduced energy use by 41% and GHG
emissions by 41%. In 2009, we have raised the bar
again, setting new and tougher Sustainability Goals
that include an additional 10% reduction for energy
use and GHG emissions.
Two subcommittees of the Health, Safety and
Environmental (HSE) Coordinating Committee
are responsible for integrating energy efficiency
expectations into facility operations, product
design, supplier performance, and compliance and
management systems.
The Employee and Facility Stewardship
subcommittee requires each site to carry an energy
reduction goal that supports and aligns with the
corporate-level goal. For most sites, performance
against these goals is included as part of the
performance expectations for senior site and
business leaders.
The Product Stewardship subcommittee uses a
product design strategy to improve the energy
efficiency of all Kodak equipment products and to
identify future improvement opportunities.
We are currently working to meet revised Health,
Safety and Environment Product Standards for
energy efficiency that will create an even stronger
link with ENERGY STAR by requiring covered Kodak
products to be ENERGY STAR qualified.
Employee Leadership
Our achievements in the past and our performance
in the future are tied directly to the outstanding
efforts of Kodak employees at the site level around
the world. Armed with enabling strategies and
tools, these dedicated Kodak men and women
drive success.
The Energy Team at the Eastman Business Park in
Rochester, N.Y., for example, achieved the energy
savings needed to transition the site to a single
powerhouse. The team used visual scorecards for
each of the site’s primary utility services to track the
progress of each operational area. The scorecards
are accessible to all site employees and are reviewed
monthly with senior leaders. These visual controls
have been key elements in helping to attain the
ambitious energy reduction goals.
The Rochester site also uses an extensive,
web-based Energy Information System that displays
real-time energy usage data. Energy management
teams, and all employees, can follow the data trends
to identify opportunities for savings in the areas of
demand for energy and the generation of energy.
These analyses have helped drive the site to reduce
steam flows for de-aerators, minimize waste steam,
and optimize plant loading.
In Windsor, Colorado, the company’s secondlargest manufacturing site in the United States,
a coordination team of HSE professionals meets
weekly to address energy management and other
HSE issues across the entire site and its multiple
buildings. Status reports on the issues are reviewed
monthly at site steering team meetings that involve
business leaders. Early in 2008, the Windsor site
held an energy event that identified a variety of areas
for saving energy – and more than half a million
dollars. By year-end, the energy-savings measures
had realized more than $500,000 in savings.
In 2008, the Dayton, Ohio site replaced existing
lamp fixtures in their facility. Three hundred
fluorescent fixtures rated at 142 watts were
installed improving light output and reducing energy
consumption by 60%. As a result of the new fixtures
and the implementation of a zone lighting program,
electrical consumption is expected to be reduced by
more than 1 million kWh annually, an estimated 4%
reduction for the facility.
30
Environmental
Responsibility
At the four facilities that comprise the Kodak
Vancouver, Canada site, energy management is
the focus of cross-organizational, employee-led
Green Teams. Formed in 2008, the teams achieved
$50,000 in savings from upgrading a compressor
in one building, while a server virtualization program
realized additional savings when 128 servers were
replaced with three new, energy efficient units.
Through a partnership with British Columbia (BC)
Hydro, the Vancouver site will pursue an energy
reduction plan and receive financial support from BC
Hydro to fund a full time energy manger.
Efficiency through Tri-Generation
At Eastman Business Park in Rochester – formerly
Kodak Park – Kodak relies on cutting-edge
technology to drive economic and environmental
results. Generating energy through tri-generation
makes Eastman Business Park twice as efficient as a
standard public utility.
Tri-generation begins with coal, natural gas and oil
used to heat water in huge boilers to produce steam.
In step two, this high-pressure steam is used to
drive turbines that generate electricity. In step three,
some of the steam passing through the turbines
is extracted and piped to different processes for
heating and cooling throughout the site.
In a typical public utility, about a third of the
generated steam is turned into electricity, while
the other two-thirds ends up as heat lost to the
atmosphere. At Kodak, almost two-thirds of the
steam is converted to either electricity or used
for heating and cooling, while about one-third is
released as heat.
As the final energy is extracted, the steam
condenses and the resulting liquid is pumped back to
the power plants to start the cycle over again.
And, this is no small operation. The huge boilers at
the site can generate 1.5 million pounds of steam per
hour and generate 130,000 kilowatts of electricity.
Thanks to the power of tri-generation, Kodak is able
to generate 100% of both its electrical requirements
and its heating and cooling needs for the Eastman
Business Park site, while operating at an extremely
high level of efficiency. On average, however, the site
generates 95% of its electricity and purchases 5%.
31
Environmental
Responsibility
Partnership Initiatives
As the company drives toward global sustainability,
we continue to collaborate with many stakeholders
and to participate in a number of partnerships aimed
at improving efficiency and reducing emissions.
Since 2004, Kodak has been a member of the
California Climate Action Registry, a non-profit
organization recognized as a
standard-setter for tracking and
reporting GHG emissions. Three
years ago, Kodak became the
first Registry participant with
international operations to have its
global data certified. As of 2008,
six years of Kodak data have been
certified for all six GHGs identified
by the Kyoto Protocol. Beginning in 2009, Kodak will
transition its membership to The Climate Registry,
a new multi-state registry as the California Climate
Action Registry is sunset. The Climate Registry is a
multi-state registry, with protocols and third party
verification that are similar to the California Climate
Action Registry.
In 2008, Kodak
continued its
participation in the
United States (U.S.)
EPA Climate Leaders program, a partnership
between government and industry that challenges
companies to establish goals and measure GHG
emission reductions. By voluntarily reporting their
emission reductions to EPA, partners demonstrate
that GHG emission reductions can be achieved
in an economical way and serve as corporate
environmental leaders.
In December 2006, Kodak joined the Chicago
Climate Exchange (CCX), a commodity market that
sells certified greenhouse gas (GHG) emissions
allowances within the U.S. To participate in this
market, Kodak committed to voluntarily reduce its
GHG emissions every year from 2003 to 2010. In
May 2008, CCX completed an extensive audit and
in-depth review of Kodak’s emission calculations
and CCX has accepted Kodak’s U.S.-wide GHG
emissions accounting.
Kodak is a proud participant in the Business
Roundtable’s Climate RESOLVE initiative. Roundtable
CEOs believe that forward-looking companies
working in partnership
with government can
find many practical
opportunities to improve
energy efficiency and
reduce, avoid, offset or sequester GHG emissions
without serious economic disruption.
For several years, Kodak has been a part of the
Carbon Disclosure Project, an independent, not-forprofit organization designed to create a lasting
relationship between shareholders and corporations
regarding the implications for shareholder value and
commercial operations presented by climate change.
For more than a decade, Kodak has
partnered with the U.S. EPA as an
Energy Star Partner to produce
energy efficient products and
operations.
32
Environmental
Responsibility
Optimizing Our Company Eco-Footprint
Kodak IT Turning Greener
While strong policies and programs have led
to many successes in energy management and
product development, opportunities exist in the
rest of Kodak’s operations, as well. The goal is to
achieve a future sustainability leadership position
in part by leveraging past success in areas such
as environmental management, real estate
management, procurement, logistics, transportation,
and office and facilities management. In 2008, this
initiative drove successes in a number of areas.
The world’s IT operations are estimated to use 3%
of the world’s energy and generate as much carbon
as all the world’s airlines, combined. With this in
mind, Kodak has established a worldwide Green IT
initiative designed to reduce cost and greenhouse
gas emissions by reducing energy consumption. A
sampling of current Kodak Green IT efforts includes:
• Choosing energy efficient IT equipment
Recognition for Manufacturing
• Maximizing the use of telecom and server
infrastructure
Kodak’s commitment to sound health, safety and
environmental management at its worldwide
manufacturing sites continued to be recognized
through many honors and awards in 2008.
• Kodak’s Wuxi manufacturing plant in China
received the Green Enterprise Award from the
local environmental protection agency. Kodak has
received this recognition every year it has been
awarded since 2004.
• Kodak’s facility in Guadalajara, Mexico was again
awarded the prestigious Clean Industry certificate
for safety and environmental excellence by
the PROFEPA, Mexico’s federal environmental
protection agency. Kodak was first certified under
this program in 1997, and has maintained its
excellent standing in every recertification process
since.
• Kodak’s facility in Leeds, England won a
“Highly Commended Award” in the “Process
Manufacturing” section of the U.K. Best Factory
Awards.
• Kodak’s Rochester, N.Y. facility received the Silver
Compliance Award from the New York Water
Environment Association. The Silver Compliance
Award is given annually to industries with > 99%
compliance with their discharge permits.
• The Columbus, Georgia site was nominated
for Outstanding Operation of a Waste Water
Treatment System by the Georgia Water and
Pollution Control agency.
• Turning off lights in data centers when not
occupied
• Properly disposing of, or recycling, electronic waste
• Consolidating applications onto fewer energy
efficient server and storage devices.
• Increased the temperature of server rooms
Transportation Initiatives
In 2008, Kodak joined the SmartWay Transport
Partnership, a collaboration between the United
States (U.S.) Environmental Protection Agency and
the freight industry established to pursue efficiencies
in carbon dioxide and nitrogen oxide emissions.
As a new shipper-partner, Kodak has created a
three-year action plan that sets aggressive targets
for reducing emissions and saving energy costs. A
key element in the plan is designing shipments to
optimize capacity, and to increase the proportion of
goods shipped with SmartWay Partner Carriers.
Also in 2008, Kodak’s Europe and Middle East
Region launched a multi-faceted program designed
to encourage “clean” means of transport and to
reduce air- and road-based transportation wherever
possible. After analyzing transportation and logistics,
and by carefully working in partnership with
transportation carriers, the region realized significant
reductions of carbon dioxide emissions in Europe.
33
Environmental
Responsibility
Waste from Eastman Gelatine Benefits
Area Farmers
In 2008, nearly 28,000 tons of bio-wastes from
Eastman Gelatine Company, a wholly owned
subsidiary of Kodak, were applied to farmlands and
compost piles for the benefit of farming communities
in Massachusetts.
The gelatin manufacturing process at the Kodak
plant in Peabody, Massachusetts, creates
waste-streams of nutrient-rich, organic bio-solids
and bio-slurries. Rather than dispose of this waste in
landfills, Eastman Gelatine partners with Agresource,
Inc., to reuse the material for the promotion of crop
growth. Agresource evaluates the various bio-wastes
then delivers the materials to the area farms that
they have determined will best benefit from the
application of the specific nutrient-rich material.
The program is carefully regulated by the State
of Massachusetts, and permits for each of the
bio-wastes are issued every two years.
A Leader in Motion Picture Film
Recycling
FPC, Inc., a Kodak Company - a wholly owned
subsidiary of Kodak - continues to be a leader in
providing to the motion picture industry a secure and
environmentally-responsible method of recycling
motion picture film that has reached the end of
its useful life. In 2008, FPC recycled 4.5 million of
pounds of motion picture film. For more information
about FPC, go to www.kodak.com/go/fpc.
an average similar facility.
The facility has high-efficiency heating, ventilation
and air conditioning (HVAC) systems that are
optimized through computer controls. The lighting
has been changed to highly efficient fluorescent
systems. Time of day setbacks and shutdowns are
used for the HVAC and lighting systems.
Green Building in Israel
Kodak’s manufacturing facility in Israel, is an
example of a “green” building. Many of the walls are
made of transparent glass to provide the greatest
amount of natural light and thus a considerable
savings in energy. Light fixtures in all the central
areas are energy efficient—consuming 15% less
energy than regular fixtures—and reflectors disperse
the light in the atrium and the entrance hall, reducing
the amount of energy required for illumination.
A building management system provides complete
control over all electromechanical systems for the
greatest efficiency. For example, the air conditioning
system automatically adjusts according to the
outside and floor temperature as well as employees’
personal thermostat settings. Air conditioning
condensate and rainwater are harvested and used to
irrigate the lawns and gardens around the building.
Kodak Headquarters Earns ENERGY
STAR
The U.S. Environmental Protection Agency (EPA)
recently gave an ENERGY STAR designation
to Kodak’s Rochester, N.Y. headquarters office
complex. The ENERGY STAR designation for offices
is used to recognize superior energy management
practices. In its review, the EPA indicated that the
Kodak office complex utilizes 33% less energy than
34
Kodak maintains a safe and healthy work environment
Safety and
Health
Safety and Health
Kodak has a long history of commitment to health
and safety. George Eastman started the first Kodak
Safety Committee in 1911 with the objective of
preventing workplace injuries. In 1912, Kodak became
a founder and charter member of the National Safety
Council, an organization in which Kodak is still a
member. George Eastman believed that workplace
injuries and illnesses are preventable, and we hold
that belief today.
Employee Safety
Kodak has exceeded its goal to reduce its
occupational injury/illness rate (OIR) by 50% in five
years. Compared with the baseline year of 2002,
the OIR was reduced by 65%. In 2008, the OIR
improved by 18% over 2007. Safety performance
is most improved in the United States and Canada.
Safety performance outside the United States and
Canada continues to be excellent.
Kodak embraces a zero-injury philosophy. In 2008,
continuous improvement initiatives included the
following special emphasis areas: property loss
prevention, field service and critical safety.
Property Loss Prevention
Property loss prevention programs are designed to
protect people, assets, and the uninterrupted flow
of products and services from perils such as fires,
explosions, and natural hazards. Training in the
principles of property loss prevention was developed
in conjunction with FM Global and deployed to
sites in the United States, Canada and the United
Kingdom in 2007. In 2008, training continued in
the United Kingdom, China, Germany, Bulgaria,
Russia and Japan. In addition, standard guidance was
developed for common risk scenarios.
Field Service
A new driver safety training program was
implemented in the United States and Canada in
2008 for an estimated 1600 drivers. Lockout/tagout
training was also a focus with training and kits
delivered to field engineers in the United States and
Canada. Ten training programs are in place for field
engineers on various work environment hazards, and
there has been a sustained effort to document and
implement the use of risk assessments to guide safe
field service operations.
4.00
2002 Baseline 3.6
3.50
Critical Safety
3.00
Critical Safety is a new, multi-year initiative focused
on improved control for those work activities
which could result in a high severity injury, where
the control is operator dependent. In 2008, a
standard set of controls for the company was
defined by a team of health and safety professionals
representing Kodak’s worldwide operations, and a
self-assessment tool was developed. In 2009, sites
will complete the self-assessment, and define their
corrective action plans and begin implementation.
OIR
2.50
2.00
2008 Goal 1.8
1.50
1.00
0.50
0.00
1ST Q
2ND Q
3RD Q
4TH Q
EAMER MFG
0.82
0.65
0.94
0.43
GAR
0.08
0.10
0.00
0.12
LAR
0.15
0.00
0.08
0.00
US&C
2.63
2.46
2.42
2.28
EK CO.
1.68
1.44
1.48
1.41
YE 2008
1.52
EAMER: European, African and Middle Eastern Region; GAR: Greater Asia Region; LAR: Latin American Region; US&C: United States and Canada Region
*The primary safety performance metric for Kodak’s worldwide operations is
the Occupational Injury/Illness Rate (OIR); a measure of the rate of occurrence
of work related occupational injuries and/or illnesses that warrant medical
treatment greater than first aid, or result in restricted and/or lost time.
35
Safety and
Health
Safety Recognition
Employee Well-Being
External recognition is an important indicator of the
success of our zero-injury philosophy and safety
progress. In 2008, Kodak received the following
safety awards.
• Fourteen Kodak company units received Safety
Excellence Awards from the International Imaging
Industry Association (I3A).
To help employees balance their commitment to the
business with their personal, family and community
responsibilities, Kodak has created a comprehensive
Work/Life Effectiveness Program.
• Two Kodak Graphic Communications Group units
– the Research and Development facility in Oakdale,
Minnesota and the Distribution Center in Columbus,
Georgia – received I3A Best in Class Awards.
• Online access to a variety of work/life topics
• Three company units in Xiamen, China received
a Safe Enterprise Award from local safety
administration
In addition, the following are examples of how all
Kodak operations and employees around the world
work together to protect the health and safety of our
employees.
• In Columbus, Georgia, employees reduced their
occupational injury rate by 62% from 2007
by taking actions such as reducing the time to
complete safety-related work orders.
• Employees in Pereslavl, Russia continued their run
of no lost time incidents since January, 2003.
• By embracing an attitude of “working and living
in accordance with safety”, 70 warehouse and
shipping employees in Osterode, Germany
celebrated five years without a lost time incident.
Work/Life Effectiveness Initiatives provide:
• Personal telephone consultations
• Emergency backup care for children and older
relatives
• Noontime seminars on managing stress,
parenting, caring for older relatives and paying
for college
• Flexible work schedules that help employees
balance business and personal needs
• External referrals as needed
The Employee Assistance Program provides
guidance and direction to Kodak employees facing
personal challenges. Confidential assessment,
counseling and referral services are available 24
hours a day, 365 days a year. Consulting with
regard to corporate policy and regulatory matters
also is available.
• Employees in Weatherford, Oklahoma, marked
two million hours since the last lost time incident
in 1998.
• In Rochester, New York, leaders launched a
campus-wide Call to Action to demonstrate
their commitment to safety, and priority on safe
operations and a safe workplace.
36
Kodak expects that suppliers and distributors will comply with
applicable laws and generally accepted standards relating to
Supplier
Responsibility
business ethics, labor and environmental protection.
Supplier Responsibility
It is the policy of Kodak to obtain the best value
from its suppliers and to maintain the highest ethical
standards in dealing with them. Additionally, Kodak
is committed to providing products that are safe and
that minimize environmental burdens through their
product life-cycle.
The HSE Performance Standard complements
the Supplier Performance Expectation by explicitly
establishing the expectations that suppliers will:
We cannot meet this global performance
expectation unless we engage our suppliers.
Our interaction with suppliers, however, goes
well beyond environmental considerations. We
encourage and foster relationships with suppliers
who exhibit strong ethics, fair labor practices,
respect for diversity, and a good record in many
other social aspects.
• Maintain safe facilities and operations, and
Our desire to work with suppliers who reflect
Kodak’s own commitment to corporate responsibility
is manifested in our Supplier Quality Process.
Through this process, Kodak has established Supplier
Performance Expectations that cover traditional
performance issues of price, quality and service,
as well as Health, Safety and Environment (HSE)
Excellence, and Supplier Diversity. Our Supplier
Performance Expectations can be found at www.
kodak.com/go/purchasing.
Health, Safety and Environment
Excellence
With respect to HSE Excellence, Kodak expects its
suppliers to:
• Meet and preferably surpass, all applicable
regulatory requirements
• Work with their own suppliers to ensure
compliance throughout their supply chain
• Minimize waste by recycling, recovery or reuse
• Work constructively with Kodak to resolve
mutual environmental concerns, and
• Comply with Kodak’s HSE Performance
Standard and HSE Product Specifications.
• Operate in an environmentally and socially
responsible manner,
• Ensure responsible employment practices,
• Provide goods that are safe and minimize
environmental burdens throughout their life-cycle.
Responsibility for monitoring and verifying that
suppliers meet this Standard lies with Kodak’s
Supplier Social and Environmental Responsibility
(SER) Assessment Program. The Standard is
communicated to suppliers through contracts,
purchase orders and other types of agreements
as well as through e-mails and training events. A
supplier’s ability to meet our requests to provide
us with environmentally responsible products and
operate in an environmentally, ethically and socially
responsible manner is used in purchasing decisions.
In addition to the more general performance
expectations, suppliers are required to meet HSE
Product Specifications. These Specifications include
lists of restricted materials and other HSE productrelated requirements for equipment, components,
media, consumables, and packaging. Suppliers
are required to provide declarations to verify
conformance to these Specifications.
To strengthen our supplier process and align with
industry best practices, Kodak has joined the
Electronics Industry Citizenship Coalition (EICC)
and has committed to implementing the EICC Code
of Conduct throughout the supply chain. EICC
outlines standards to ensure that working conditions
among manufacturers in the electronics industry are
safe, workers are treated with respect and dignity,
and that manufacturing processes
37
Supplier
Responsibility
are environmentally responsible. Expectations
set in the EICC Code of Conduct are monitored
and verified through an EICC sponsored supplier
Self-Assessment and On-Site Assessment Process.
The EICC Code of Conduct is available in English,
Chinese, Japanese, and Spanish
at http://www.eicc.info/.
Supplier Diversity
With respect to Supplier Diversity, Kodak expects its
suppliers to:
• Support Kodak’s supplier diversity initiatives
when applicable,
• Have an effective program for purchasing from
diverse suppliers and increase the percentages of
purchase with these diverse suppliers each year,
and
• Work collectively with Kodak’s Commodity
Managers to identify and utilize diverse
suppliers.
Kodak is committed to being a leader in promoting
supplier diversity, which provides us the means
to engage the best, most agile and innovative
companies. Our policy is to use diverse businesses
in our supplier base in order to expand opportunities
for all segments of society to experience economic
progress and competitive advantage.
Kodak’s focus on supplier diversity has earned
recognition in Black Enterprise magazine, which
included Kodak on its list of 15 Best in Supplier
Diversity in 2008. This is the third consecutive year
of recognition from Black Enterprise magazine.
Additional Supplier Expectations
The company’s other overarching policies, such as
equal opportunity employment (EOE) and privacy,
also apply to suppliers, vendors and contractors and
hold them to the policy standard. The EOE policy
addresses issues of discrimination and harassment,
unprofessional behavior, retaliation, and the right
to collective bargaining while the privacy policy
addresses the handling of personal data.
Supplier Management Process
Kodak has in place three tools – a Supplier Sourcing
Process, Quality Assessment, and Business/
Technical Reviews – that are used to manage the
company’s key critical suppliers, which represent
approximately 80% of total spend and 20% of the
supplier base.
In addition, the Supplier SER Assessment Program
employs an iterative, risk-based prioritization
to select suppliers for social and environmental
responsibility self-assessments and on-site audits, as
warranted. Where necessary, HSE components are
built into the quality assessment process.
In 2008, Kodak organized a Supplier Diversity
Council to review opportunities to refocus spending
with minority suppliers. While Kodak outperforms
many peer technology companies in supplier
diversity, the company launched a call-to-action
that established progressive increases in supplier
diversity performance for 2008 and 2009.
Women and minority business owners are
encouraged to contact Kodak through several
channels, including the company’s web site devoted
to developing these relationships www.kodak.com/
go/supplierdiversity. Kodak’s commodity managers
rely on a database created from online registrations
from the website.
38
Kodak promotes a work environment of equal opportunity for
allemployees, and treats its employees in a non-discriminatory manner.
Our
Employees
Kodak is committed to employing a diverse work force, and to building
and maintaining an inclusive work environment.
Our Employees
Kodak is committed to providing a work environment
that is free from discrimination and harassment in any
form. Kodak’s policy is to comply with all applicable
laws that provide equal opportunity in employment for
all employees and to prohibit unlawful discrimination
in employment. Kodak’s policy is not to discriminate
by reason of race, color, religion, sex/gender, gender
identity, sexual orientation, marital status, pregnancy,
citizenship status, national origin, age, disability or
veteran status. In addition, in each country in which it
operates, Kodak will comply with all applicable laws
prohibiting employment discrimination based on any
other factor.
Several foundational factors contribute to diversity
and inclusion at Kodak, including:
• The Global Diversity Office, an entity charged with
developing and providing leadership to implement a
global strategy.
• Eight employee networks for women, people
of color, the gay, lesbian, bisexual, transgender
community, veterans, and people with disabilities.
• Senior leadership’s engagement in diversity
and inclusion, from the CEO to the company’s
Executive Council, and accountability measures
to ensure Kodak’s commitments to diversity and
inclusion are met.
As a global digital leader, our success relies upon not
only an environment free of discrimination, but also
an engaged, diverse work force focused on growing
an organizationally inclusive environment. Kodak has
focused on diversity and inclusion and has maintained
representation of women and people of color as a
percentage of its global workforce.
Kodak’s diversity and inclusion philosophy includes:
• A commitment to a diverse and organizationally
inclusive environment;
• A global employee population that reflects
appropriate demographics and helps direct our
efforts; and
• Knowledge and skill development for global
inclusion in order to execute specific diversity
expectations.
Across the globe, Kodak customers are more diverse
and multicultural than ever. As we reach out to their
cultures and communities, we need the creativity of
diverse minds to fuel our digital innovations, as well as
insights that tell us how our marketing messages will
be received. The insights from our diverse employees
help us tailor our products for different consumers.
Organized for Effectiveness
At Kodak, commitment to diversity and inclusion
starts at the top. Currently, two women and four
minorities serve on Kodak’s 11 member Board of
Directors. In 2008, Chairman and CEO Antonio M.
Perez led the Board to identify diversity and inclusion
expectations as components of its performance
metrics. Perez is also chair of the Senior Executive
Diversity and Inclusion Council, which sets policy,
gives direction, and monitors results.
39
Our
Employees
Kodak recognizes the right of our employees to join associations of
their own choosing or to refrain from joining, and the right to collective
bargaining unless otherwise prohibited by law.
Under Perez’s leadership, diversity and inclusion is a
business imperative and was a key element within
the “grow people” strategic priority of the company’s
2008 business plan. Senior leaders are required to
include diversity and inclusion goals within their
units’ business plans. In addition, regular diversity
and inclusion strategy integration reviews, which
began in 2007 with the CEO’s direct reports, were
extended in 2008 to the next level business leaders to
ensure continuity and engagement in each business
operation.
To assist its businesses, Kodak has also established
a Multicultural Marketing Council sponsored by
the Chief Diversity Officer and the Chief Marketing
Officer, and led by the Director of Multicultural
Marketing. Those businesses with revenue targets for
multicultural marketing are required to designate a
champion.
Diversity is also a main topic of executive learning
events, including “Leaders Leading” sessions, which
are designed to engage executives in diversity
scenarios and education.
Senior Leadership Commitment
The key to this structure is commitment from
senior managers. Eight Corporate Diversity and
Inclusion Champions, appointed by the CEO, serve
as advocates for key diversity constituencies. Each
employee network also has a Management Sponsor,
giving it access to leaders of the company.
Kodak holds senior leaders accountable under three
key diversity metrics and how they perform against
these metrics affects their compensation. The metrics
are:
• Representation
• Supplier diversity
• Personal leadership of diversity and inclusion
Personal leadership means:
• Personal involvement in diversity recruitment,
retention and development – including mentoring
and sponsorship of diverse talent.
• Actions taken to create a leadership team and an
organization with an inclusive environment that
stimulates new thinking, creativity and healthy
debate.
• Incorporation of multicultural marketing strategies in
their business or marketing plans.
• Support of employee networks, diversity councils
and other initiatives.
In addition, a CEO Diversity Award, introduced in
1998, is presented annually to an executive-level
individual who role-models exemplary leadership
and embraces a mindset and behaviors that prioritize
diversity and inclusion at Kodak. Nominations for the
award are submitted by Kodak employees. Kodak’s
John Bryant, Director of Corporate Engineering and
Vice President, Office of the Chief Technical Officer,
was the most recent to earn this recognition.
Focused Recruitment
In 2008, Kodak has renewed its efforts to recruit
and retain diverse talent. The Chief Diversity Officer
was named the Corporate Champion for Talent
Acquisition and will partner with a talent acquisition
consultant with expertise in recruiting diverse talent.
A newly established Diversity Recruitment Council
will leverage hiring opportunities and company-wide
initiatives.
Diversity Best Practices CEO Initiative
In November 2007, CEO Antonio Perez became
chairman of the Diversity Best Practices CEO
Leadership Initiative. Diversity Best Practices is an
organization focused on sharing best practices with
its member companies and helping them develop
innovative solutions for culture change. Perez
continued to serve as chairman of the CEO Leadership
Initiative in 2008.
40
Our
Employees
The Diversity Best Practices CEO Leadership Initiative
is a five-point plan driven by the chief executive
officers of the member companies to support
and advance diversity and inclusion. The initiative
includes CEO speakers, roundtables and forums, the
CEO Diversity
Leadership
Magazine, a
system for stating,
communicating
and tracking
diversity and
inclusion goals, an annual leadership summit engaging
top thought leaders and diversity practitioners, and
a collection of CEO advice and counsel regarding
diversity on a member website.
Kodak Honored for Diversity
Kodak’s commitment to diversity continued to be
recognized through many honors and awards in
2008. A complete list can be found at
www.kodak.com/go/diversity.
• In 2008, Kodak was recognized by B’nai B’rith
International for commitment to innovation,
diversity and philanthropy with the organization’s
Distinguished Achievement Award
• Kodak was named to Black Enterprise magazine’s
list of 40 Best Companies for Diversity. Kodak was
also listed among the top 15 companies for both
Corporate Board Diversity and Supplier Diversity.
• Once again in 2008, Kodak was included on the
list of “Best Places to Work for GLBT Equality.”
Honorees were selected by the Human Rights
Campaign Foundation (HRC), a civil rights
organization working to achieve gay, lesbian,
bisexual and transgender equality. Kodak has
received a perfect score every year since the Equality
Index began in 2002.
“It is just a way of life for us, just like any other
business topic like quality, pricing, product portfolios.
Diversity is not different and no less important,”
—Antonio Perez.
and Information Technology. Readers of Diversity/
Careers gave 100 companies top rankings for their
support of minorities and women, their attention to
work/life balance, and their commitment to supplier
diversity.
• In Brazil, the journal Valor Económico named Kodak
among the best companies in people management.
Based on a survey conducted with Hewitt
Consulting, Valor Económico recognized Kodak
for “the condition of emotional and intellectual
commitment that results in behavioral changes.”
Employee Programs
In addition to its diversity and inclusion initiatives,
Kodak maintains programs for managing employee
relations.
Outplacement Services
In the United States and many other countries
around the world, when business conditions require
significant downsizing of operations or plant closure,
Kodak provides comprehensive Outplacement
Services to affected employees at every level of the
company. These services may include transition
counseling, training and coaching on resume
preparation and interviewing, job search tools and
resources, and expanded networking opportunities.
Resolution Support Services
Because Kodak is committed to provide effective
means for responding to employee concerns, the
company has established a unit known as Resolution
Support Services (RSS) within Global Diversity and
Community Affairs. RSS supports employees in
appealing management decisions in order to resolve
workplace concerns, which diminishes the need for
external sources of support and problem solving.
The services offered by RSS have been selected from
state-of-the-art elements of proven alternative dispute
resolution strategies.
• Also in 2008, Kodak was named to the “Readers’
Choice” list of Diversity/Careers in Engineering
41
Kodak respects the economic development priorities of the
developing countries in which it does business.
Our
Communities
Kodak maintains a philanthropic program that reflects its
global corporate goals in community development, business
opportunity and quality of life
Our Communities
True to the legacy of its founder, George
Eastman, Kodak continues its commitment to the
communities in which it operates. At the heart of
this commitment is an active community relations
and contributions program designed to support the
achievement of company goals. As such, programs
and initiatives are focused to instill employee pride,
build public trust, foster education, respond to
community needs and enhance company image.
Kodak support takes many forms and is based
on its corporate values: respect for the individual,
uncompromising integrity, trust, credibility and
continuous improvement, personal renewal, and
recognition and celebration.
In 2008, Kodak contributed approximately $3.23
million to organizations around the world. In
addition, Kodak donated an array of products to
schools and not-for profit organizations.
Kodak Sponsors
American Greenways
Since 1992, the Kodak American Greenways
program —a partnership with The Conservation
Fund and the National Geographic Society—has
awarded more than 650 seed grants across the
United States, totaling roughly $800,000, to support
the development of community-based, actionoriented greenways projects.
The small grants, generally between $500 and
$1000, are designed to stimulate the planning and
design of greenways in communities throughout
America. The program also honors groups and
individuals whose ingenuity and creativity foster
the creation of greenways. In 2008, 29 nonprofits
and other organizations from Alaska to Vermont
received grants to support local greenways, trail and
open space projects.
Kodak at the Olympics
Kodak put its advanced digital imaging technologies
to work in several ways at the Beijing 2008 Olympic
Games, helping to support attendees’ security,
photojournalists’ images, and athletes’ health.
The company’s imaging technologies were used to
create more than 1.2 million security badges and
corresponding credentials, and Kodak supplied
all necessary equipment, materials and technical
support for this important task.
The Kodak Image Center, a 22,000-square-foot
facility in the main press center, served the needs
of more than 1,500 professional photographers
and news agencies with both traditional and digital
photographic products and services.
Through an agreement with Carestream Health,
Inc., formerly Kodak’s Health Imaging Group, the
company provided the Olympic Polyclinic with
medical imaging and radiology capabilities. This
enabled radiologists to capture digital x-ray images
of injured athletes within a matter of seconds.
When the Olympics ended, the equipment provided
by Kodak and Carestream was donated to local
healthcare organizations in Beijing.
To ensure proper environmental management
practices, Kodak assisted the organizing committee
in establishing a battery recycling program and
participated in the Olympics’ solid waste recycling
programs for plastics, paper, wood and metal.
Voluntarily, Kodak established a photoeffluent
treatment system that combined treatment at an
approved Beijing treatment facility and on-site wash
water recycling to ensure zero photoeffluent to the
sewer.
42
Our
Communities
Aluminum Plate Recycling Benefits
RONALD MCDONALD HOUSE Charities
In 2006, Kodak launched an aluminum plate
recycling program for customers as part of its
Printer’s EnviroServices Program. This innovative
service allows customers to easily recycle aluminum
plates while receiving maximum value and
preserving the environment. As an added incentive,
customers also receive a RONALD MCDONALD
HOUSE Charities receptacle to collect aluminum
cans at their facilities when they join the program.
A portion of the proceeds from the aluminum plate
recycling plus 100% of the aluminum can revenue
is donated to charity. In 2008, 6.8 million pounds of
aluminum were recycled and $18,700 was donated
to the RONALD MCDONALD HOUSE.
Kodak Supports Photovoices - Indonesia
Kodak is proud to be able to continue its support of
Photovoices International as it initiates its latest work
in Indonesia as a National Geographic Magazine
Project. An innovative conservation program that
integrates photography, local people and traditional
knowledge to help shape conservation decisions,
Kodak has supported Photovoices from its early days
in the Yunnan Province of China.
Founded in 2000, Photovoices provided some 250
Chinese villagers with KODAK Cameras and film
to document their rich environment, culture and
ancestral protection of the land’s natural diversity.
Monthly interviews with the photographers about
the stories behind the pictures have produced
valuable information that is helping shape effective
conservation decisions. In 2008, Kodak donated
digital cameras for the Photovoices International
project at sites of biological and cultural significance
in Indonesia.
Single Use Camera Recycling Benefits
UNICEF
Managed by Entrepid Communications, Ltd on
behalf of Kodak, a donation is made to UNICEF, the
United Nations Children’s Fund, for every single
use camera returned in Europe. The money is then
used by UNICEF to provide doses of polio vaccine.
In 2008, 410,000 cameras were collected, enabling
68,000 children to be immunized against polio.
The Nature Conservancy
In 2008, Kodak continued its long standing
relationship and support of The Nature Conservancy
and its advisory role on The Nature Conservancy’s
International Leadership Council. Made up of
corporate representatives from many industries,
the Council explores solutions to conservation
challenges through cooperative partnerships
between the business community and The Nature
Conservancy.
World Resources Institute
As a 2008 member of the World Resources
Institute’s Corporate Consultative Group, Kodak
has benefitted from the exchange of leading-edge
thinking on shared challenges with World Resources
Institute experts and other peer companies, as well
as access to environmental intelligence valuable to
the pursuit of our sustainability goals.
Kodak Helps Publish Photo Book On
Hurricane Katrina’s Continuing Impact
Kodak has lent significant support to photojournalist
Chris Usher and a book of his photos that highlights
the past and present impact of Hurricane Katrina,
which made landfall on the United States Gulf Coast
in August, 2005.
The photos and interviews in the book, accumulated
over three years, illustrate the fear, fatigue,
frustration – and ultimately, the resilient spirit – of
those who survived the devastating hurricane.
Through the support of Kodak, Usher is donating all
of the profits from the book, entitled One of Us, to
relief organizations providing post-Katrina aid and
assistance.
After providing film and processing for the book,
Kodak enabled the digital, on-demand printing
and online ordering of One of Us in partnership
with ColorCentric, A KODAK NEXPRESS Digital
Production Color Press customer.
43
Our
Communities
Kodak Launches President Obama
Inaugural Photo Album
Kodak has partnered with outstanding
photojournalists and Epicenter Communications to
create a print-on-demand Barack Obama Inaugural
Album that documents the historical American
moment of the Obama presidency. Kodak also has
provided the Smithsonian National Museum of
American History with large-scale photographic
archival prints from the Inaugural Project that were
featured in a Smithsonian exhibit.
Using KODAK Print-On-Demand Technology,
consumers can visit www.InauguralAlbum.com,
upload their own inaugural photographs alongside
professional images and immediately create their
own version of the official album.
The Power of Storytelling
Since motion pictures began, Kodak has enjoyed a
special relationship with the movie industry – and
especially with filmmakers, the great storytellers of
our times.
The company has collected nine Oscars for
technical achievements, has continued to provide
innovative products to the industry, and annually
hosts the Academy Awards at the Kodak Theater in
Hollywood, California.
It is Kodak’s support for the individual filmmaker,
however, that perhaps has the greatest positive
impact on the millions of people around the world
who are entertained, educated and frequently
enlightened by the works produced by these
craftspeople.
Kodak’s assistance is often provided for students
or other rising, independent filmmakers – people
with compelling stories to share, but without the
financial means to complete their efforts. For more
information on Kodak’s many initiatives to promote
individual filmmakers and film schools, please visit
www.kodak.com/go/education.
EASTMAN Scholarships and KODAK
Faculty Grant Awards
Kodak supports both students and teachers in the
film industry through the EASTMAN Scholarship
and KODAK Faculty Grant programs. The awards
are funded by an endowment established by Kodak
and administered by the University Film and Video
Foundation (UFVF), a non-profit organization whose
mission is to advance the study, practice, and
preservation of motion picture and video production.
Student prizes include a tuition stipend and product
grants. The faculty grant is awarded to a professor
whose project demonstrates an ability to enhance
skill development in film production for emerging
talent and classroom education. The awards are made
each year at the UFVA Conference, which has been
sponsored by Kodak since 1946.
44
Our
Communities
KODAK Filmschool Competition
Now in it’s ninth year, the KODAK Filmschool
Competition is designed to recognize the creativity
and skills exhibited by student cinematographers in
the collaborative process of visual storytelling.
In 2008, four students - one from each major region
of the world – were named first-place winners.
Winning films from the competition are shown at the
annual Clermont-Ferrand Film Festival, the largest and
best-attended short-film festival in the world. Kodak
has sponsored the Festival for more than 20 years.
Student Commercial Awards
In addition to feature and short films, Kodak
recognizes the talent in the field of advertising with its
KODAK Student Commercial Awards.
The competition is designed to recognize
the creativity and skills exhibited by student
cinematographers in the collaborative process of
visual storytelling and is open to students and recent
film school graduates from Asia Pacific, Latin America,
United States & Canada, and the European region.
Kodak Sponsors Camera d’Or and
Cinefondation at Cannes ‘08
For the 21st consecutive year, Kodak was the official
partner of the Cannes Film Festival and sponsor
of the Camera d’Or prize – awarded to the year’s
best feature-length film submitted by a first-time
director. The 2008 winner was British director Steve
McQueen for his film Hunger.
Kodak also partners with the Cinéfondation, whose
main objective is to gain recognition for young
filmmakers worldwide by presenting their films at
Cannes and to facilitate their professional training
and placement within the industry.
Cannes Lions Festival
For the ninth consecutive year, Kodak sponsored
the Young Director Award, an initiative of the
Commercial Film Producers of Europe at the Cannes
Lions International Advertising Festival.
Student filmmakers are invited to make a 30-second
commercial from one 400-foot roll of KODAK Film,
using advertising briefs created by major agencies.
Each commercial is then judged on cinematography,
post-production, creativity and overall look.
45
Our
Communities
Kodak Supports its Hometown
Kodak continues to support Rochester, New York,
its headquarters since 1880, through community
involvement that helps make Rochester a great place
to live, to work, and to raise a family.
Financial Support for Eastman Theatre
In 2008, Kodak announced it would provide $10
million to the University of Rochester to support the
renovation and expansion of Eastman Theatre, the
85-year-old Rochester landmark built by George
Eastman as part of his vision to enhance the arts in
the community.
Kodak’s support was provided through the
company’s Rochester Economic Development Fund,
which was created in 2004 to invest in the local
community. In recognition of the company’s support,
the performance hall will be renamed “Kodak Hall
at Eastman Theatre” when the renovations are
completed.
In acknowledging Kodak’s contributions, University
of Rochester president Joel Seligman said the
investment “will have far-reaching benefits for
the Eastman School of Music, the Rochester
Philharmonic Orchestra, and the people of
Rochester.”
Eastman Business Park Reflects Heritage,
New Role
In 1891, George Eastman purchased an apple
orchard north of Rochester. He constructed four
buildings there for the manufacture of film, and thus
began Kodak Park, which would one day become
the largest manufacturing site in the Northeastern
United States.
For decades and decades, the manufacture of film
and the pursuit of research at Kodak Park were
prime drivers in the Rochester economy. In line with
the company’s transformation to a digitally oriented
company, Kodak Park also has been transformed and
renamed, emerging as Eastman Business Park – a
diverse industrial facility that once again is helping to
drive growth for Rochester’s economy.
Eastman Business Park today remains Kodak’s
largest worldwide industrial and research site. Yet,
it also is home to 28 other companies, and Kodak
is working diligently with local and state economic
officials to attract additional tenants to the site.
Eastman Business Park, which includes 900 acres
and more than 100 buildings, often is referred to as
“A City within a City,” because Eastman wanted a
self-sufficient manufacturing facility with a highly
efficient and highly reliable infrastructure.
The park features a full range of services, including
utilities, on-site railroad, facilities management,
on-site security and access control, emergency
medical services, and its own on-site fire department
and first response units. This enables tenants to
concentrate on their core businesses, knowing they
are receiving the highest quality services at the
lowest possible cost.
Kodak employs more than 6,000 people at the site,
the other businesses provide another 4,000 jobs in
Rochester, and the influx of tenants continues at a
steady pace.
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Our
Communities
Renovations to the Kodak Tower
Since 1912, the Kodak Tower has been a landmark on
the Rochester skyline and a symbol of the close ties
between the company and the community it calls
home.
Now, Kodak has embarked on a three-year project to
repair and restore the exterior of the iconic, 19-story
building, including the unique architectural features
on the top three floors, the intricate terra cotta
masonry, and the promenade roof.
Because of the extensive nature of the repairs, Kodak
worked with the New York State Department of
Environmental Conservation to relocate a peregrine
falcon nesting box in the rooftop cupola. Over the
last ten years, a single peregrine falcon female,
named Mariah, hatched 38 falcon chicks, to the
delight of local observers and others around the
world who watch the birds on a special web-cam.
Kodak and the United Way
Once again in 2008, Kodak was recognized as
the largest contributor (employee and corporate
combined) to the United Way of Greater Rochester.
Kodak Rochester employees pledged $1.9 million,
while Kodak’s corporate gift was $1 million. The
combined $2.9 million helped United Way raise
$32.5 million for the Rochester community.
Technology’s new Native American Future Stewards
Initiative. The students received information on
Kodak’s internship programs, watched Kodak videos,
and enjoyed hands-on experience with KODAK
Products from printers to kiosks to cameras.
The Native American Council at Kodak, a network
of employees, organized the students’ day-long
activities in an effort to build relationships with the
Native American community and strengthen the
company’s commitment to fostering diversity in
potential future employees.
Trailblazers of Science and Technology
In 2008, Kodak sponsored and co-produced a
Black History Month supplement for Rochester’s
Democrat & Chronicle newspaper that focused
on “Trailblazers of Science and Technology.” In
addition to well-known African-Americans who have
helped shape the world, such as aviation pioneer
Bessie Coleman and astronaut Mae Jemison, the
supplement highlighted five Kodak scientists whose
innovations have helped Kodak become a digital
imaging leader. The supplement was distributed to
about 15,000 middle-school students throughout
the five-county greater Rochester region.
In addition to financial support, 1,500 Kodak
employees volunteered at over 70 locations in
United Way’s 2008 Day of Caring in Rochester.
Their efforts had a direct, positive, and often visual
impact on the community.
Kodak Headquarters Hosts Students
From Seneca Nation
High school students from the Seneca Nation
received an inside glimpse of Kodak in 2008 as
part of a program hosted by Rochester Institute of
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Our
Communities
Kodak Participates in Campaign
To Promote Rochester
Kodak, along with many of its other business
neighbors, is participating in a community-wide
campaign designed to build a stronger sense of pride
in the company’s headquarters city of Rochester. The
campaign, called WeROC, touts the many reasons
Rochester is a great place to live and do business.
EPA CARE Program
The EPA’s Community Action for a Renewed
Environment (CARE) grant program supports
communities in creating and using collaborative
partnerships to reduce exposure to toxic materials.
Eastman Business Park in Rochester, NY is one of
several local industries that have joined forces with
representatives from county and state government
and local colleges to support this effort. The
Collaborative successfully completed projects in
the areas of lead hazard reduction, small business
air pollution prevention, neighborhood toxics
education, diesel fuel exhaust reduction, and other
mobile source air toxics reduction. Committing to go
beyond the original EPA grant period, in 2008, CARE
pursued vehicle idling reduction at local schools and
the collection of old or expired pharmaceuticals.
Kodak provides in-kind support to the program.
48
Our
Communities
Kodak in the United Kingdom
Additional Support
With a history that goes back to 1891 with the
construction of its factory in Harrow, England,
Kodak’s presence in the United Kingdom has
become integral to the company and the community.
In addition, Kodak has also provided donations and
support to the following initiatives in 2008:
• The Iain Rennie Hospice at Home charity, which
provides specialist nursing care for patients with a
terminal or life-threatening illness.
Kodak and UNICEF
Since 2000, Kodak in the United Kingdom has been
supporting UNICEF, the United Nations Children’s
Fund, through a wide range of activities such as
co-branding of picture CD packing and processing
envelopes, website links, the online Christmas card
collaboration and photo magic card initiatives.
• Comic Relief, a Great Britain-based charity whose
vision is “a just world free from poverty.”
• The Peterborough Youth Voice project which
assists young people involved in an alternative
arts and music projects working toward various
national accreditations.
UNICEF and Kodak worked closely together to make
a difference in the lives of the many thousands
of children who have been orphaned because of
AIDS in Lesotho. Home gardening and cooking kits,
purchased with funding support from Kodak, allow
these children to cultivate their own vegetables and
turn them into nutritious meals. UNICEF is there to
ensure that they receive the training they need to
make the most of their crops.
Employees, Children Run To Benefit
Asthma UK
As its national charity, Kodak is supporting Asthma
UK, the only United Kingdom. charity funding
research to fight asthma. The money donated
provided funding for the Asthma UK children’s
2K running event and the Kick-Asthma children’s
website, which provides information for children with
Asthma.
49
Photo
Credits
About the Photographs
We are proud to enhance this year’s report with the photography of Kodak employees from the Health, Safety,
Environment and Sustainability organization.
Cover: Cheri Mallie, Rochester, N.Y., Girl with Wings
Cover: Judith Van Norstrand, Rochester, N.Y., Scottish Band
Cover and page 7: Sima Chervin, Rochester, N.Y., Girl with Pigeons
Cover: John Heyer, Rochester, N.Y., Wedding
Cover: David Kiser, Rochester, N.Y., Dog
Cover: Ian Barford, Paris, France, Fish Snack
Cover: Sue Marsjanik, Rochester, N.Y., Boat
Cover and page 26: John Heyer, Rochester, N.Y., Dragonfly
Cover and page 47: Jackie Schlosser, Rochester, N.Y., Montmartre Restaurant
Cover and page 34: Nancy Laurie, Rochester, N.Y., Kayaks
Cover: Nancy Laurie, Rochester, N.Y., Friends
Table of Contents and page 46: Denise Zimmermann, Rochester, N.Y., Key West
Table of Contents: Sima Chervin, Rochester, N.Y., Boats in Mexico
Page 3: Sue Marsjanik, Rochester, N.Y., Dock
Page 9: Stefan Schmid, Stuttgart, Germany, Mushroom
Page 10: Lydia Li, Xiamen, China, Sewing Woman
Page 12: Karen Messineo, Rochester, N.Y., Siblings
Page 15: Thomas Smithgall, Rochester, N.Y., Dog on Raft
Page 22: John Piampiano, Rochester, N.Y., Italian Facade
Page 23 and back cover: David Kiser, Rochester, N.Y., Fog
Page 31: Lydia Li, Xiamen, China, Fisherman
Page 36: Cheri Maillie, Rochester, N.Y., Butterfly
Page 38: Cheri Maillie, Rochester, N.Y., Girl with Peaches
Page 44: Greg Batts, Harrow, U.K., Flag
Page 45: David Rice, Rochester, N.Y., Swim Fins
Page 49: Soma Chengalur, Rochester, N.Y., Crew
Back Cover: Judith Van Norstrand, Rochester, N.Y., Hammock
50
© Eastman Kodak Company, 2009.
Kodak, DryLink, EasyShare and NexPress are trademarks of Kodak.
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