SCA Recognized as World Leader for Corporate Action on Climate Change
October 25, 2016 /3BL Media/ - SCA, a leading global hygiene and forest products company, has been identified as a global leader for its strategies and actions in response to climate change and has been awarded a position on the Climate A List by CDP, the international not-for-profit that drives sustainable economies.
Thousands of companies submit annual climate disclosures to CDP for independent assessment against its scoring methodology. SCA is among 9% of corporations participating to be awarded a position on the Climate A List, in recognition of its actions to reduce emissions and mitigate climate change in the past reporting year. 193 “A Listers” appear on the list, which has been produced at the request of 827 investors with assets of US$100 trillion. Fourteen Nordic companies qualified to the list, of which four are Swedish.
“We take climate change very seriously and this acknowledgement proves that our climate initiatives are best-in-class. It is gratifying that it is being noticed,” says Magnus Groth, President and CEO of SCA.
CDP’s chief executive officer Paul Simpson says: “We congratulate the 193 A List companies that are leading the charge towards our low carbon future. Companies are key actors in enabling the global economy to achieve its new climate goals, and the leadership of this group points the way for others to take bold action and capitalize on the many opportunities that await.”