British American Tobacco has been commended by the Carbon Disclosure Project (CDP) for its approach to the disclosure of climate change information.
The company is one of 35 members of the FTSE 350 that feature in the CDP’s ‘Carbon Disclosure Leadership Index’ (CDLI).
“Companies that make the CDLI have demonstrated strong internal data management practices for the measurement of greenhouse gas emissions and energy use,” said Paul Simpson, CEO of CDP, according to a note posted on BAT’s website.
“They are also giving clear consideration to the business issues related to climate change and their exposure to climate-related risks and opportunities. This is vital to realising greater efficiencies, protecting the business from risk and capitalizing on opportunities.”
‘British American Tobacco achieved a score of 86 per cent to secure its place in the CDLI for a second successive year,’ the note said.
‘This follows British American Tobacco’s recent inclusion in the Dow Jones Sustainability Indexes for an 11th consecutive year, maintaining its position as industry leader.
‘Those who feature in the CDLI, which is compiled by PwC [PricewaterhouseCoopers] on behalf of CDP, do so based on analysis of their responses to the CDP’s questionnaire focussing on greenhouse gas emissions, emissions reduction targets and the risks and opportunities associated with climate change.’
“We are absolutely delighted to be included on the CDLI as it recognises British American Tobacco’s commitment to addressing climate-related issues, said David Christian, group head of environment, health & safety.
“We, as a business, have made great strides on this so to be recognised as one of the leading FSTE companies in this field is an achievement we can be extremely proud of.”
Category: Breaking News