Press release –
Danone recognized as a global environmental leader, becoming
one of the 6 companies with ‘AAA’ score by CDP worldwide
- Danone obtained a ‘triple A’ score by nonprofit organization CDP in recognition of its leading environmental efforts, namely in tackling climate change, fighting deforestation and protecting water cycles.
- This prestigious distinction acknowledges Danone’s unique commitments to being a game-changer and to fostering positive environmental solutions, in line with its ‘One Planet. One Health’ vision.
Danone has been recognized as a global environmental leader, becoming one of only 6 companies – among 8,400 organizations assessed – with a ‘triple A’ score by CDP, the international nonprofit charity that runs the global disclosure system allowing investors, companies, cities, states and regions to manage their environmental impacts.
CDP’s annual “A Lists” for Climate change, Forests and Water security name the world's most pioneering companies on environmental transparency and performance. Being included in these three prestigious lists is a great recognition of Danone’s environmental actions and progress towards its ambition of becoming carbon neutral, achieving zero deforestation in its supply chain and protecting water cycles. It also demonstrates the high degree of transparency of Danone’s reporting.
As part of its journey towards carbon neutrality on its full value chain by 2050, Danone set intermediate carbon reduction targets for 2030 which were officially approved by the Science-Based Targets initiative in 2017. Danone’s strategy is based on reducing emissions, transforming agricultural practices to sequester more carbon in the soil, eliminating deforestation from its supply chain in key commodities, and offsetting the emissions that remain.
Danone recently strengthened its commitments through the signature of “Business Ambition for 1.5°C” pledge, alongside 190 other institutions. This represents a significant acceleration of the company’s GHG direct and indirect emission reduction targets, across its extended value chain1.
Danone brands are also taking tangible action to accelerate their journey towards a balanced footprint of zero net carbon emissions. Within the
Danone remains fully committed to eliminating deforestation on key commodities in its supply chain by 2020. In 2019, Danone along with 18 forward-thinking companies and the
Danone began its journey to protect water cycles more than two decades ago, by partnering with the Ramsar convention on wetlands in 1998. Today, Danone is supporting locally-adapted solutions to water quality, quantity and access both in its operations and its value chain. It has adopted a water stewardship strategy focusing on 4 pillars: water in operations, protecting ecosystems, promoting sustainable agriculture and increasing access to safe drinking water for populations.
To continue its transparency efforts, Danone is going to join
A detailed and independent methodology is used by CDP to assess companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership.
The three A-Lists for Climate change, Water protection and Forests, and full company scores are available on CDP’s website: https://www.cdp.net/en/companies/companies-scores
About CDP
CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of
About Danone (www.danone.com)
Dedicated to bringing health through food to as many people as possible, Danone is a leading global food & beverage company building on health focused and fast-growing categories in three businesses:
Listed on Euronext Paris and on the OTCQX market via an ADR (American Depositary Receipt) program, Danone is a component stock of leading social responsibility indexes including the Dow Jones Sustainability Indexes, Vigeo Eiris, the Ethibel Sustainability Index, MSCI Global Sustainability, MSCI Global SRI Indexes and the FTSE4Good Index.
1 Scopes 1, 2 and 3 as defined by the GreenHouse Gas Protocol
Attachment
- PR 2019 CDP
© OMX, source