Danisco Commended for Climate Change Disclosure
The index, compiled by Jönköping International Business School on behalf of CDP, provides an evaluation tool for institutional investors. In 2010, it comprises 20 constituents of the Nordic 200 Index.
Oct 27 2010 --- Danisco has once again been commended by the Carbon Disclosure Project (CDP), which represents 534 institutional investors with USD 64 trillion in assets under management, for its approach to climate change disclosure.
For the third consecutive year, Danisco is featured in CDP’s Carbon Disclosure Leadership Index. This index, a key component of CDP’s annual Nordic 200 Report, highlights the constituent companies within the Nordic stock exchanges, which have displayed the most professional approach to corporate governance in respect of climate change disclosure practices. Companies are scored on their climate change disclosure and high scores indicate good internal data management and understanding of climate change related issues affecting the company. Danisco’s leadership has been exemplified by their ranking as no. 2 in Denmark and no. 7 in the Nordic region.
The index, compiled by Jönköping International Business School on behalf of CDP, provides an evaluation tool for institutional investors. In 2010, it comprises 20 constituents of the Nordic 200 Index based on analysis of the responses to CDP’s 2010 questionnaire, which focused on greenhouse gas emissions, emission reduction targets and risks and opportunities associated with climate change.
“The Carbon Disclosure Project is an important initiative that allows us to continually improve our approach to climate change and to mitigate impacts to our business,” says Jeffrey Hogue, VP of Corporate Sustainability. “We have used the CDP focus areas to inform about our climate strategies and more importantly to enhance our focus on innovation to provide solutions to address climate change impacts of our customer’s products.”
The Nordic 200 Report including names of companies featured in the Carbon Disclosure Leadership Index can be found at www.cdp.net
