CDP
CDP

Environment: 12 manufacturers made it onto the CDP A and A- list

29. 01. 20.

Environment: 12 manufacturers made it onto the CDP A and A- list

The CDP’s A and A- lists name 12 manufacturers and 3 suppliers.

The non-profit organisation Carbon Disclosure Project – CDP – has published its list of the most successful companies in terms of low carbon transition. 

Each year, more than 8400 companies, 800 cities and 120 regions/states from around the world disclose information to the CDP for independent evaluation, regarding their impacts, transition opportunities and environmental risks. In 2019, the companies were invited to join this exercise by more than 500 institutional investors representing a total of 96 trillion US dollars in holdings and 120 members of the supply chain with a purchasing power of 3,3 trillion dollars.
The CDP evaluates companies according to the comprehensiveness of their climate reporting, their awareness and environmental risk management. It also takes into account their implementation of best practices and environmental leadership, in particular the establishment of ambitious and significant objectives. 
The companies receive grades from A to D- based on their efficiency in the fight against climate change. Those that do not disclose or supply sufficient information receive an F. 

CDP

Among the 179 model companies on the A list, no less than 9 stakeholders from the automobile industry are mentioned:

- Brembo
- Ford
- Hyundai
- Kia
- Nissan
- Pirelli
- PSA Group
- Toyota
- Yokohama

BMW, Daimler, FCA, General Motors, Renault and Volkswagen Group received an A-.

This selection is a recognition of the efforts made by the automobile industry in the fight against climate change. Although, as Carlos Tavares, CEO of PSA affirms: “In order for these efforts to be sustainable, it is critical that all economic sectors are obliged to make the same reduction efforts in proportion to their level of emissions and at the same pace. This will help consumers significantly in making their own decisions regarding their CO2 emissions, between the essential and non-essential, given the changes needed in consumption habits recommended by scientists regarding the urgency of climate change.”