Brands BT Group, Danone, Microsoft and Sony are among 179 companies on CDP’s A-list for leadership on corporate transparency and action on climate change.
CDP scores thousands of corporates annually, and out of 8,000 companies scored on their 2019 disclosures only 2 per cent make the A List, including AstraZeneca, BT Group, CVS Health, Danone, H&M, Klabin, The LEGO Group, L’Oreal, Microsoft, Nestle, Ørsted, Sainsbury's, Samsung Engineering, Sony, Unilever and Walmart.
The A List companies are considered to be leaders because of their transparent and comprehensive disclosure of climate data, thorough awareness of climate risks, demonstration of strong governance and management of those risks, and demonstration of market-leading best practices. Examples of best practice could include setting science-based targets, shifting to renewable energy, investing in low-carbon product innovation, using internal carbon pricing or incentivising suppliers to reduce their emissions.
The most A List companies are in Japan (38), the US (35) and France (22). Regionally, Europe hosts the most A List companies by far, with nearly half of the global total (85 companies), followed by Asia (51) and North America (36). Only four companies headquartered in Oceania are on the list (all in Australia), and two in Latin America (Brazil) and one in Africa (South Africa).
CDP data shows investors and purchasers are calling for transparency and action from companies on how they are responding to climate change. In 2019, 525+ investors with $96tr in assets and 125 major purchasers with $3.6tr in procurement spend requested companies to disclose through CDP and 8,400 companies responded - a 20 per cent increase on the previous year.
The full list of companies that made this year’s climate change A List, as well as other publicly available climate change scores are available on CDP’s website here.
Recent Stories