Croda recognised as leaders in climate change disclosure by CDP

CDP has just announced that global specialty chemical company Croda International Plc is featured on their “Climate Disclosure Leadership Index” for leading on climate change transparency...

CDP has just announced that global specialty chemical company Croda International Plc is featured on their “Climate Disclosure Leadership Index” for leading on climate change transparency, which is an integral part of the Company’s continued commitment to sustainability.

One of only 41 companies in the FTSE 350 to feature on the Leadership Index, the leading position is indicative of high scores based on good internal data management and understanding of climate change related issues affecting the company. These issues include greenhouse gas emissions, emissions reduction targets and the risks and opportunities associated with climate change.

The Leadership Index, compiled by PwC on behalf of CDP (formally known as Carbon Disclosure Project), is based on analysis of the company’s responses a CDP’s questionnaire and provides an evaluation tool for institutional investors and other stakeholders to assess the businesses commitment to climate change.

Dr Terence Thistlethwaite, VP of Sustainability at Croda International, commented: “We are delighted to be included in the Climate Disclosure leadership Index. It is further recognition of the excellent progress we are making towards sustainability and follows our inclusion on Corporate Knights Global 100 Most Sustainable Corporation in the World listing earlier this year.”

Paul Simpson, chief executive officer of CDP, commented: “Companies that make the Climate Disclosure Leadership Index have demonstrated strong internal data management practices for the measurement of greenhouse gas emissions and energy use. 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.”

The FTSE 350 report, including names of companies featured in the Climate Disclosure Leadership Index, can be found at www.cdproject.net.

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