Emerald Teams with PrintReleaf Exchange to Track Paper Usage
February 14, 2016
Emerald Expositions has become a certified partner of the PrintReleaf Exchange (“PRX”), the first technology platform to enable cloud-based forest product tracking and reforestation.
This partnership gives Emerald’s magazine brands an innovative and authenticated means of achieving sustainable business practices that reduce the environmental impact that results from the use of forest products, namely trees, to make paper.
PRX partners “releaf,” or reforest, their paper consumption by planting new trees – in an amount equivalent to their paper use – at global reforestation project sites of their choice.
Through PRX’s integration with Global Forest Watch, a platform hosted by the World Resources Institute, PRX partners have access to heat map technology that represents forest loss and gain across the globe, showing them which areas of the planet need trees most.
PRX reforests at a generally accepted rate of 8,333 sheets of paper per tree (as detailed in PRX’s global standard for sustainability).
After selecting where they want their paper releafed, PRX partners use their online portal to track the evolution, growth, and survival of their trees over an approximate eight-year time frame for each tree. Since the launch of PrintReleaf, PRX has releafed more than 77,000 trees.
“As an operator of more than a dozen print trade magazines and directories, this initiative is an important statement about our desire to minimize our impact on the environment,” said Denise Bashem, vice president, Corporate Operations of Emerald Expositions.
She added, “This program will be rolled-out to all our print publications over the next few months, and the environmental value and social impact fit perfectly with our core values.”
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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