Environment

Global climate A-List this year includes 179 companies

A-List

Photo: Pixabay

Published

January 24, 2020

Country

Comments

0

Share

Published:

January 24, 2020

Country:

Comments:

0

Share

Carbon Disclosure Project or CDP, a global non-profit organization, has published its 17th A-List, with 179 companies graded according to corporate transparency and action on climate change. The ranking was released on the eve of the World Economic Forum’s annual meeting in Davos.

Over 8,400 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2019, but only the top 2% made the A-List,  according to the CDP website.

CDP’s platform is one of the richest sources of information globally on how companies and governments are driving environmental change

This is in addition to the over 920 cities, states and regions which revealed their information, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change.

The companies on the A-List hail from 22 countries around the world. Most of them are headquartered in Japan (38), the United States (35) and France (22).

Regionally, Europe hosts the most A-List companies

Regionally, Europe dominates with 85 A-List companies, nearly half of the total, followed by Asia’s 51 and the 36 that are in North America.

AstraZeneca, Alphabet, BT Group, Citigroup, CVS Health, Danone, H&M, Klabin, The LEGO Group, L’Oreal, Microsoft, Nestle, Ørsted, Sainsburys, Samsung Engineering, Sony, Unilever and Walmart are among those in the highest positions.

A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those that don’t disclose or provide insufficient information are marked with an F.

Schneider Electric is in A-List for the ninth consecutive year

Schneider Electric has announced that it has received two significant rankings – including a top place on the Global 100 Most Sustainable Corporations of “clean capitalism” magazine Corporate Knights, and a place on CDP’s A-List for the ninth consecutive year.

Schneider Electric was ranked by Corporate Knights for the seventh year running, coming 29th overall and first in its category. More than 7,500 companies were evaluated.

CDP’s disclosure and scoring process is seen as the gold standard of corporate environmental transparency

CDP’s disclosure and scoring process is seen as the gold standard of corporate environmental transparency, and the go-to source of sustainability information for customers and investors, the company said.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

waste-export-eu-ban-truck

Waste is a resource: EU to impose stricter rules, ban plastic waste export

24 January 2023 - The EU is looking to ban the export of all waste intended for disposal, as well as plastic waste shipments to non-OECD countries

form-energy-iron-air-battery-first-factory

Iron-air batteries are 10 times as cheap as lithium, and will be produced from 2024

24 January 2023 - To replace lithium, alternatives are being developed around the world, such as iron-air batteries, whose commercial production will begin in the US in 2024

luzerath-village

Coal wins battle against climate action in tiny German village

20 January 2023 - The eviction of the village residents and the coal mine expansion are a result of the German government's compromise with RWE

dollar-usaid-investment-energy-project

USAID issues call for USD 20 million regional energy investment project

17 January 2023 - USAID's project aims to find investors for commercially and environmentally sustainable energy projects in the region