SUEZ recognized by CDP for its fight against climate change
The CDP reveals that it has named SUEZ on its 2017 climate change A List. SUEZ is the only French company in the utilities sector to be recognised as a major player in the fight against climate change.
In its report Out of the starting blocks: Tracking progress on corporate climate action, the CDP1 included SUEZ on its 2017 climate change A List, applauding its actions and its strategy and recognising its leadership in the fight against climate change and the reduction in greenhouse gas emissions.
An international not-for-profit organisation, the CDP analysed the publications of nearly 1,830 companies before naming a number of them on its climate change A List for their efforts and actions to address global warming in their business sector. SUEZ is the only company among those surveyed in the French utilities sector to be included on the A List. This list is produced on behalf of more than 800 investors.
This report, which establishes the baseline for corporate climate action, shows that international groups have begun the transition to a low-carbon economy. A number of them, including SUEZ, have already started to promote the resulting opportunities. This baseline is used in companies’ annual reports to evaluate progress in terms of reducing emissions, in line with the objectives of the Paris Agreement.
Today, SUEZ is recognised as a leader in the transition to a low-carbon future by the CDP, which views companies as key players in enabling the global economy to reach its climate objectives. SUEZ was able to attain its climate change A List status in particular through 12 climate commitments made in 2015 and introduced in the 2017-2021 roadmap. Their objectives are:
- to step up the Group’s efforts to reduce its carbon footprint (in particular by reducing greenhouse gas emissions by 30% by 2030);
- to promote the circular economy model, enabling the structural reduction in greenhouse gas emissions and the protection of natural resources;
- to adapt to the consequences of global warming on water.
1The CDP (formerly the "Carbon Disclosure Project") is an organisation based in the United Kingdom, which mobilises stakeholders and businesses to reduce the greenhouse gas emissions of large companies.