Cementir Holding achieves “B” Rating for climate change from non-profit organization Carbon Disclosure Project (CDP)
Rome, 17 December 2020 – Cementir Holding N.V. has been awarded a “B” rating from Carbon Disclosure Project (CDP), recognizing its actions to mitigate climate change and its significant commitment to a low-carbon economy. This result represents a strong improvement from previous “F” rating and puts Cementir amongst the top players in the cement industry and much better than the average company, considering a CDP European and Global average rating of “C”.
“We are proud to be recognized for our efforts to address climate change” said Francesco Caltagirone jr., Chief Executive Officer and Chairman of Cementir Holding N.V. “We will continue to seek out new ways to minimize our environmental impact and reach our goals of CO2 emissions reduction.”
CDP is a non-profit organization widely recognized as the gold standard of corporate environmental transparency, ranking companies worldwide on a scale from a minimum of “F” to a maximum of “A”. The “B” Rating indicates that the company is taking “coordinated actions” on climate change issues.
CDP is a global non-profit organization that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. CDP has the world’s largest, most comprehensive set of companies’ environmental data, and is utilized by investors and purchasing organizations to make informed decisions, reward high-performing companies, and drive action. Over 9,600 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2020.
The full list of company scores is available at www.cdp.net/en/companies/companies-scores along with the scoring methodology for climate change.