Over 40 Italian companies confirmed by CDP (formerly Carbon Disclosure Project) among leaders in the fight against climate change. Getting very, Pirelli, Snam, Tim (both in Italy and Brazil), Sofidel, Iberdrola, Italgas, Moncler, Mundy Spa they got a place in the Climate A list 2023 drawn up by Cdp, the international non-profit organization that collects, disseminates and promotes information on environmental issues.
Many other Italian companies have obtained an excellent score, A- (where “D-” is the minimum score and “A” the maximum). And I'm: That, Insurance Generali, Asthma, Autostrade per l'Italia, General Bank, Banking Popular of Sondrio, Bper, Brembo, Brunello, David Campari, Enav, Enel, Eni, Classic Ferrari for sale, Fincantieri, FS group, Hera, Intesa Sanpaolo, Inwit, Iren, Iveco, Leonardo, nexi, Poste Italiane, Prada, Prysmian, Rai Way, Ferragamo, Sofidel, Terna, Webuild, Zignano.
“It is encouraging to see so many companies around the world starting or accelerating their journey towards environmental transparency in 2023,” said the CEO of CDP, Sherry Madera. “We saw a 24 percent increase in disclosures last year and this trajectory is welcome. It is only by laying the foundations of disclosure that companies can demonstrate that they take seriously the vital part they play in safeguarding the future.”
What is the CDP (formerly Climate Disclosure Project)?
Through the CDP and its people questionnaires, companies, cities and countries communicate data and information on theirs environmental impact. This data mainly includes greenhouse gas emissions to analyze the risks and opportunities related to climate change.
The initiative, therefore, promotes the voluntary dissemination of information on environmental and financial performance in full alignment with the Tcfd (Task Force on Climate-Related Financial Disclosures), with the aim of supporting and guiding stakeholders' investment decisions thanks to a full assessment of the company's risks and opportunities.
How to get into the Cdp A list?
The “A” rating represents the maximum score obtainable in the Climate section and has only been awarded to 346 companies, selected from over 21.000 participants. These companies were evaluated based on their decarbonisation strategy, the effectiveness of their efforts to reduce emissions and climate risks, and to promote a low-carbon economy. The assessment also takes into account the completeness and transparency of the information provided, as well as the adoption of best practices in terms of environmental impact.
In detail, to receive an A rating, companies that responded to the climate change questionnaire had to provide 100% verification of their Scope 1 and 2 emissions with no relevant significant exclusions.
