ENGIE scores CDP’s A list for climate change
For the third year in a row, ENGIE has been highlighted as a global leader on Corporate Climate action by environmental impact non-profit organization, Carbon Disclosure Project (CDP), achieving a score of ‘A’, the highest in the CDP Climate Change Assessment.
ENGIE has been recognized for its actions in the last reporting year to cut emissions, mitigate climate risks and contribute to the development of a low-carbon economy, based on its 2018 disclosure to CDP. At the end of 2017, ENGIE reduced its direct CO2 emissions by 26% compared to 2016 and reduced its ratio of emissions from energy production by 18% compared to 2012, bringing the Group significantly closer to its reduction target of - 20% in 2020.
On this occasion, ENGIE CEO Isabelle Kocher declared: “CDP’s recognition of ENGIE’s actions in favor of corporate climate actions for the 3rd time in a row, rewards the Group’s transformation plan launched in 2016. ENGIE successfully pursued its strategic repositioning to lead the energy transition and we firmly believe that it will be achieved through harmonious development towards a world that is increasingly decarbonized, decentralized and digitalized.”
The full list of companies that made this year’s CDP climate change A list are available here: https://www.cdp.net/en/scores
CDP assesses companies on the comprehensiveness of their disclosure, their awareness and management of environmental risks and their demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.