Company Profiles

Tandberg

Norway

Tandberg is a communications company specializing in video conferencing hardware and software for both small groups and large meeting rooms. The company's technology allows for reduced travel and improved virtual communication, resulting in the reduction of greenhouse gas emissions. The company has published a white paper entitled Tandberg Visual Communication Is Green: Environmental Benefits of Video Telework for Individuals, Companies, and Communities. Tandberg notes: "By reducing unnecessary business travel, our videoconferencing telepresence and mobile solutions help organizations become more environmentally responsible while improving their competitive advantage." The company understands ecological constraints and that its products and services are well positioned given increasing pressures from climate change and other biocapacity issues. Tandberg has impressive goals for reducing its greenhouse gas emissions. It is also addressing the impacts of electronic waste by going beyond the EU regulations that require producer responsibility. For example, Tandberg provides a voluntary recycling program for its electronic products in the U.S., where there are no current requirements. Portfolio 21 has asked Tandberg to institute supplier guidelines, improve its environmental reporting to encompass all facilities, and demonstrate leadership by making its RoHS compliant products available in markets outside the EU.

To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 3/31/08 and may not reflect current opinions or subsequent events.