Xerox named one of Canada's Top 50 Socially Responsible Corporations

TORONTO, June 22 /CNW/ - Xerox has been named one of Canada's Top 50 Socially Responsible Corporations by Maclean's magazine. The annual ranking selects companies based on their performance across a broad range of environmental, social and governance indicators. Xerox was chosen for its inclusive culture and diverse workforce; its development of products that contribute directly to sustainability; and partnerships with notable environmental organizations, such as the Nature Conservancy.

The Top 50 Socially Responsible Corporations in Canada were selected based on their performance across a broad range of environmental, social, and governance indicators by Jantzi-Sustainalytics - a global leader in sustainability research and analysis. The selected companies ranked at the top of their respective peer groups in Jantzi-Sustainalytics' Global Platform, and demonstrated strong performance in areas such as environmental initiatives, impact on local communities, treatment of employees and supply-chain management.

"Our commitment to behaving responsibly as a corporate citizen has been a core value for more than four decades," said Mandy Shapansky, CEO and president-designate, Xerox Canada*. "This endorsement of our reputation is a wonderful recognition of the time, energy and compassion of Xerox employees who contribute to the quality of life in communities across Canada every day."

For more than 40 years, Xerox has demonstrated leadership in citizenship and sustainability in its products and facilities by investing in innovation that delivers measurable benefits to the environment. In 2009, Xerox Canada was named CWC Employer of the Year, Best Diversity Employer, Top 75 Employer in the GTA, and was a finalist of Canada's 10 Most Admired Corporate Cultures. Xerox is the only multi-national document technology company in the world conducting advanced materials research in Canada, and employs more than 3,500 people nation-wide.

Each of the companies named one of the Top 50 Socially Responsible Corporations in Canada is either Canadian-listed or a wholly owned subsidiary of a foreign-listed company with significant operations or brand presence in Canada.

About Xerox

Xerox Corporation is a $22 billion leading global enterprise for business process and document management. Through its broad portfolio of technology and services, Xerox provides the essential back-office support that clears the way for clients to focus on what they do best: their real business. Headquartered in Norwalk, Conn., Xerox provides leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. Through ACS, A Xerox Company, which Xerox acquired in February 2010, Xerox also offers extensive business process outsourcing and IT outsourcing services, including data processing, HR benefits management, finance support, and customer relationship management services for commercial and government organizations worldwide. The 130,000 people of Xerox serve clients in more than 160 countries. For more information visit http://www.xerox.com, http://news.xerox.com or http://www.acs-inc.com. For investor information, visit http://www.xerox.com/investor.

About Jantzi-Sustainalytics

Jantzi-Sustainalytics is a global leader in sustainability research and analysis for investors and financial institutions, specialised in analysing environmental, social and governance (ESG) criteria for companies, institutions and countries. We provide a global perspective, underpinned by nearly 20 years of local experience and expertise in the responsible investment and traditional socially responsible investment markets. Jantzi-Sustainalytics strives to continuously provide high quality solutions and commits to remain responsive to the current and future needs of our clients. Internationally, the firm operates as Jantzi-Sustainalytics and is headquartered in Amsterdam with offices in Toronto, Boston, Frankfurt and Madrid.

Methodology

Companies featured are either Canadian-listed or a wholly owned subsidiary of a foreign-listed company with significant operations or brand presence in Canada. Each company has a significant market capitalization or brand presence in Canada and is featured on at least one of the following lists: the ROB Top 1000, the ROB Top 350 or Interbrand's Best Canadian or Best Global Brands lists. Analysts use a Best-of-Sector(TM) methodology to compare companies within a given peer group to industry best practices. For more information on the rating criteria, visit www.sustainalytics.com.

*Mandy Shapansky assumes the role of president and CEO of Xerox Canada July 1, 2010.

Note: For open commentary, industry perspectives and views from events visit http://twitter.com/xeroxcorp, http://twitter.com/xeroxevents, http://www.xerox.com/blogs or http://www.xerox.com/podcasts.

This release contains forward-looking information that is subject to a number of risks and uncertainties that could cause actual results to differ materially from those set forth in, or implied by, such forward-looking information. Xerox(R) and the sphere of connectivity design are trademarks of Xerox Corporation in Canada and other countries.

For further information: Media Contact: Laura Mergelas, Xerox Canada, 416-733-6216 (o), 647-801-2711 (m), [email protected]