Skanska has again been named in CDP’s Nordic 260 Climate Disclosure Leadership Index (CDLI). In addition, and for the last four years, Skanska is the highest ranked construction company in the Nordic region at reporting its direct and indirect carbon emissions.
The achievements were announced today in the CDP Nordic 260 Climate Change Report 2013, which tracks how the world’s largest listed companies are acting in response to a changing climate.
The index highlights those companies listed on the Nordic stock exchanges that have displayed a strong approach to the disclosure of information regarding climate change.
Companies are scored out of 100 on the completeness and standard of their submissions. High scores indicate the provision of robust climate data and a good understanding of climate change related issues affecting the company. Through various channels, including Bloomberg terminals, these scores are communicated to investors and other decision makers to assess corporate preparedness for changing market demands and emissions regulation.
“We are very pleased and proud, as this is the most important report in the world in this field. This shows us we are on the right track. Measuring and reducing emissions is part of our daily work towards our Journey to Deep Green™,” says Noel Morrin, Senior Vice President, Sustainability in the Skanska Group.
CDP, formerly known as the Carbon Disclosure Project is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 722 institutional investors with assets of US$87 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. The CDP report has been implemented globally since 2000 and in the Nordic region since 2007.