The Carbon Disclosure Project (CDP) is an independent non-profit organisation holding the biggest international information database on the strategies adopted by companies to counteract climate change. The data have been obtained over a period of thirteen years, elaborating the answers which were voluntarily provided by companies in annual questionnaires proposed on behalf of institutional investors, commercial organisations and governmental bodies.
Since its foundation in 2000, the CDP has been a reference point for CO2 emissions reporting, providing the global market with primary data on climate change. Thanks to the acknowledged reliability of this “project” and the good results obtained so far, in June 2013 the Italian Ministry of Environment signed a Memorandum of Understanding (MoU) with the CDP in order to make Italian companies more and more aware of climate changes.
On 3rd December 2013 the presentation of the CDP 100 Italy Climate Change Report 2013 took place in Milan. This document includes and summarises the information provided by 100 Italian companies participating in this initiative and elaborates a true ranking, based on communication transparency and on the carbon footprint.
The average score of this panel composed of Italian companies was higher than the previous year; in particular 27 companies improved their score, including Acea which scored 88 B versus 81 C last year, showing an improved ability to manage and report the phenomena at the basis of climate change. With this score, Acea is one of the high scorers - the companies which scored higher than 70, reserved to companies which pay attention to reducing CO2 emissions.
Moreover, the report shows a dramatic decrease in investments for the reduction of emissions, probably due to the current economic crisis.
For further information: https://www.cdp.net/CDPResults/CDP-Italy-100-Climate-Change-Report-2013.pdf
DISCLOSURE SCORE / PERFORMANCE BAND - UTILITIES