As a result of its actions to reduce carbon emissions and mitigate the business risks of climate change, Novozymes has been awarded with a position on the A List: The CDP Climate Performance Leadership Index 2014 by CDP, the international NGO that drives sustainable economies.
Novozymes is one of the 187 companies that has been awarded an A grade for its climate performance, earning a position on this global ranking of corporate efforts to mitigate climate change. The index presents 187 listed companies identified as demonstrating a superior approach to climate change mitigation.
“We are delighted to have made the A List, and to be recognized by CDP as being a world leader for corporate action against climate change,” says Flemming Funch, Vice President at Novozymes for Supply Engineering. “Sustainability is an intrinsic part of Novozymes’ business, and in 2013 alone, our solutions enabled our customers to reduce CO2 emissions by an estimated 52 million tons – that is the equivalent of taking approximately 20 million cars off the road. We have succeeded in reducing our own CO2 emissions by more than 50% per ton of product produced when compared to 2005. In 2013 alone, we reduced our own CO2 emissions by 8.2%, when compared to 2012, by optimizing our production processes and implementing 27 dedicated emission reduction projects.”
Novozymes was simultaneously awarded with a position on the Nordic Climate Disclosure Leadership Index (CDLI), also released today in the CDP Nordic 2014 report. Novozymes has been part of the CDP Nordic Climate Disclosure Leadership Index since 2010, and this year, has achieved the best possible disclosure score of 100.
With this result, Novozymes has become one of the first few Nordic companies to achieve maximum scores for both performance and disclosure simultaneously.
Disclosure to CDP’s climate change program is at the request of 767 investors who represent more than a third of the world’s invested capital. Information provided by nearly 2,000 listed companies is independently assessed against CDP’s widely-respected scoring methodology and ranked accordingly. CDP scores are communicated to investors and other decision makers through various channels, including Bloomberg terminals, and serve as a tool to evaluate and track corporate efforts to mitigate climate change.
Novozymes is the world leader in bioinnovation. Together with customers across a broad array of industries we create tomorrow’s industrial biosolutions, improving our customers' business and the use of our planet's resources. With over 700 products used in 130 countries, Novozymes’ bioinnovations improve industrial performance and safeguard the world’s resources by offering superior and sustainable solutions for tomorrow’s ever-changing marketplace. Read more at www.novozymes.com.
CDP 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 767 institutional investors with assets of US$92 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDP now holds the largest collection globally of primary climate-change, water and forest risk commodities information and puts these insights at the heart of strategic business, investment and policy decisions. Please visit www.cdp.net or follow us @CDP to find out more.