Elkem, a supplier of silicon-based advanced materials, has been selected for the CDP’s A List on climate change, which showcases the companies leading on environmental transparency and action.
Out of the 5,800+ companies scored by CDP, the top five per cent made the climate change A List this year.
CDP
CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. It is widely recognised as the global benchmark for corporate environmental transparency. This is Elkem’s first year of CDP Climate reporting. Elkem plans to report on CDP water security in 2021.
The A List companies are considered to be leaders due to 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.
Dexter Galvin, Global Director of Corporations & Supply Chains at CDP, added: “This week marks exactly five years since global leaders shook hands on the Paris Agreement. It’s encouraging that 70% more companies are now reporting on their environmental action than in 2015, and that, this year, over 300 have reached the A List.”
“CDP data shows growing environmental awareness among the business world in 2020, which is hugely positive considering the unprecedented challenges business and society have faced this year. We have the wind in our sails. Now, we need these pioneers to inspire the sluggish majority of corporates if the private sector is to take a leadership role when climate targets ratchet up at COP26 next year. The race is on.”
