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CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2019, over 525 investors with over US$96 trillion in assets and 125 major purchasers with US$3.6 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform and over 8,400 companies responded.
A detailed and independent methodology is used by CDP to assess these 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, such as setting ambitious and meaningful targets.
Out of the thousands of companies that disclose their environmental data through CDP, Constantia Flexibles is in the top 2% that made it to the CDP A List – recognizing us as corporate leaders on climate action through transparency:
Find out more about the CDP A List here.
“Sustainability and climate-related topics have been a fundamental part of Constantia Flexibles’ business focus and entrepreneurial activities from the very beginning. After improving our score continuously over the past years, we are very proud that we are included in CDP’s A List for the first time. This external recognition is a further confirmation of our high level of environmental stewardship and we are committed to continue on this path.”, Thomas Greigeritsch, Vice President Group Sustainability at Constantia Flexibles, said.
Constantia Flexibles follows a comprehensive sustainability approach and strives to continuously improve its performance related to raw materials, emissions, energy and waste. In this regard, the company commits to reduce absolute Scope 1, 2 and 3 GHG emissions 24% by 2030 and 49% by 2050 from a 2015 base-year. This target was officially approved by the Science Based Targets initiative. In addition, Constantia Flexibles seeks collaboration along the value chain to reduce up- and downstream environmental impacts.
For more information, please contact Dr. Thomas Greigeritsch, Vice President Group Sustainability.