Unilever included in CDP climate performance ‘A’ List
Unilever has been recognised as a world leader for corporate action on climate change in the global CDP Climate Performance Leadership Index (CPLI) 2014, published on 15 October.
Identifying the leaders
Unilever joined 186 other companies who were awarded an ‘A’ for their climate performance in ‘The A List: The CDP Climate Performance Leadership Index Report 2014,’ produced by international NGO CDP (formally the Carbon Disclosure Project). We are also one of 21 companies who achieved an ‘A’ performance rating in the Consumer Staples sector.
At the same time, Unilever scored 99 out of 100 for disclosure, up from 85 in 2013. We were placed second in the Consumer Staples sector alongside Heineken, Kirin Holdings and Suntory.
In the CDP 2014 ‘UK Corporate Environmental Report’ Unilever was listed as one of the top 11 companies with its 99 A score.
Good disclosure and performance scores are used by investors as a proxy of good climate change management. Nearly 2,000 companies globally participated in the CDP Climate Change 2014 questionnaire. Information provided by these companies was independently assessed against CDP’s scoring methodology and companies were ranked accordingly.
Making progress on climate change mitigation, adaptation and transparency
Unilever and its fellow A-Listers were applauded for their abilities to yield win–win results for the environment and business, apply a business lens to climate change, employ long-term strategies to help cut greenhouse gases worldwide and raise the bar on investment to reduce carbon emissions.
Collectively, the climate performance leaders have reduced their total emissions by 33 million metric tons in the past reporting year, equivalent to turning London’s car owners into cyclists for two and a half years.
Jeff Seabright, Unilever’s Chief Sustainability Officer, says: “The risks that climate change poses to our business are clear: increased volatility of food prices, increased water scarcity, supply-chain disruption linked to extreme weather events, threats to socio-economic development and associated impacts on consumers’ disposable incomes. Only by understanding the issues and integrating our response into our approach to doing business can we minimise these risks, and set an example for others to follow. The much-improved Unilever ranking in the CDP climate change results shows just how well our teams across the business have done just that.”