In 2020, Brenntag has taken part for the third time in international organization CDP’s climate rating project. Every year, CDP analyzes several thousand companies worldwide with regard to their strategic approach to the challenges of climate change and rates their climate management activities based on a comprehensive list of criteria.
Brenntag was again awarded a C (“Awareness”) in the Climate Change 2020 rating. CDP awards company ratings from A (“Leadership”) to D (“Disclosure”).
- By taking part in the CDP rating, Brenntag aims to further develop its energy and CO2 reporting based on recognized standards.
- At the same time, the company is responding to calls from customers and investors for greater transparency and comparability in its reporting on CO2 emissions, and is also demonstrating its progress in climate management.
- In addition, taking part in external rating programs like that of CDP shows Brenntag new potential and ways to further enhance its sustainability strategy and its monitoring so that the company can continue to make positive contributions to protecting the environment.
By its own account, CDP rates the climate data of almost 8,400 companies every year on behalf of more than 525 institutional investors. According to CDP, these investors represent some 96 trillion USD in fund assets and factor this data into their investment decisions.
Further information on the CDP Climate Change project: https://www.cdp.net/en