SGS has been identified as a global leader for its actions and strategies in response to climate change and has been awarded a position on the Climate A List by CDP, the international not-for-profit that drives sustainable economies.
193 “A Listers” appear on the list, which has been produced at the request of 827 investors with assets of US$100 trillion.
Thousands of companies submit annual climate disclosures to CDP for independent assessment against its scoring methodology. SGS is among 9% of corporations participating in CDP’s climate change program to be awarded a position on the Climate A List, in recognition of its actions to reduce emissions and mitigate climate change in the past reporting year.
Frankie Ng, CEO of SGS, said: “Being awarded a position on CDP’s Climate A List demonstrates our continued commitment to sustainable business and achieving our Sustainability Ambitions 2020. This award, combined with SGS being named in the Dow Jones Sustainability Indices World and Europe for the third consecutive year, underlines our dedication to delivering innovative sustainability solutions, better disclosure and responsible climate action.”
The Climate A List is released in CDP’s Out of the Starting Blocks: Tracking Progress on Corporate Climate Action report today. The report, which establishes the baseline for corporate climate action, reveals that global corporations have started the transition to a low-carbon economy and some are already capitalizing on the opportunities this affords. Companies’ progress on reducing emissions in line with the goals of the Paris Agreement will be tracked against this baseline in future annual reports.
CDP’s chief executive officer Paul Simpson says: “We congratulate the 193 A List companies that are leading the charge towards our low carbon future. Companies are key actors in enabling the global economy to achieve its new climate goals, and the leadership of this group points the way for others to take bold action and capitalize on the many opportunities that await.”
Textile Focus News Desk