CDP A Checklist 2022 options Beiersdorf, Firmenich, Kao, L’Oréal and LVMH as Triple A scores for environmental management



The sustainability rating​, run by non-profit organisation CDP, scored firms from A to D- based mostly on disclosure, consciousness and administration of environmental dangers and finest practices related to environmental management. The scoring was given throughout three classes utilizing specialised methodologies – local weather change, forests and water safety.

An A or A- rating represented management degree; B or B- was thought of administration degree; C or C- confirmed an consciousness degree; and D or D- was thought of disclosure degree. This yr, shut to fifteen,000 firms disclosed by way of CDP, with simply 330+ making the worldwide A listing and solely 12 firms awarded A scores throughout all three classes. 

A highlight on Europe’s ‘main place’

Companies in Europe represented 44% of the 330+ international A listing, with eight out of the highest 12 triple A standing firms based mostly in Europe. CDP mentioned this mirrored “Europe’s main place for the best ranges of transparency and motion throughout the three key interrelated environmental themes” ​– more and more related after the EU Parliament’s adoption of the Company Sustainability Reporting Directive (CSRD)​ in November 2022, that got here into pressure final week on January 5, 2023.

The European Fee (EC) would undertake the primary CSRD requirements mid-2023​, with guidelines set to use from January 2024, requiring all massive firms within the EU (250-500+ workers), in addition to listed SMEs, to reveal information, topic to unbiased auditing and certification, on the influence of their actions on folks and the planet and any sustainability dangers they had been uncovered to. Digital entry to sustainability data additionally needed to be assured. 

Maxfield Weiss, government director of CDP Europe, mentioned: “With the EU’s ground-breaking new reporting regulation, the CSRD, now agreed, CDP A Checklist firms are displaying they’re forward of the sport – taking clear motion to cut back emissions and to deal with environmental impacts all through their worth chains. That is the kind of environmental transparency and motion we’d like economy-wide to stop ecological collapse.”

All European A-Checklist firms could be recognised on the 2023 CDP Europe Awards in February this yr, resulting from be held on the Fondation Louis Vuitton in Paris. 



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