CNH Industrial recognized among the leading global companies in sustainable performance by CDP
“We are delighted that the CDP has recognized our efforts to sustainably manage our water resources, combat climate change, and tackle deforestation globally. Inclusion in the CDP Water Security A-List is something we take great pride in as we strive to improve the efficiency of our processes, through initiatives such as our World Class Manufacturing and Logistics programs. Our high score in the Climate Change program reflects our significant progress in this area, and we are committed to ensuring continuous improvement,” commented Hubertus Mühlhäuser, Chief Executive Officer at CNH Industrial.
Every year, thousands of companies disclose data about their environmental impacts, risks and opportunities to CDP for independent assessment against its scoring methodology. In 2018, companies were requested to do so by over 650 investors with over USD $87 trillion in assets and/or 115 major purchasing organizations with USD $3.3 trillion in purchasing power.
Each of CDP’s questionnaires, on climate change, water and forests, have an individual methodology that scores responses across four levels: disclosure, awareness, management and leadership.
CNH Industrial’s efforts in water management focus on increasing water efficiency throughout its industrial processes. The Company’s industrial operations work to locally reduce the requirement of water and wastewater volumes, while at the same maintaining quality standards.
The Company’s sustainable efforts go beyond its own sites, as it promotes the same environmental standards it practices among its suppliers as well as developing projects to improve environmental impact, such as water accessibility in the local communities where it operates.
These latest results follow CNH Industrial’s eighth consecutive year as the Industry Leader in the Dow Jones Sustainability Index, World and Europe. The Company is also included in the following indexes: FTSE4Good index series, ECPI Global Agriculture Liquid, ECPI World ESG Equity, ECPI Global Developed ESG Best in Class, ECPI Euro ESG Equity, ECPI Global Megatrend 100, Euronext Vigeo World 120, Euronext Vigeo Europe 120, Euronext Vigeo Eurozone 120, STOXX Global ESG Leaders Index, STOXX Global ESG Environmental Leaders Index, STOXX Global ESG Social Leaders Index, STOXX Global ESG Governance Leaders Index, STOXX Global ESG Impact Index, STOXX Global Low Carbon Footprint, STOXX Global Reported Low Carbon, and Thomson Reuters Diversity & Inclusion Index. Those listed are the main global STOXX indexes in which CNH Industrial is included.
London, January 23, 2019
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With all plants and depots up and running by the end of the second quarter, CNH Industrial reported consolidated revenues of $5.6 billion, net income of $361 million and adjusted net loss of $85 million. Net debt of Industrial Activities at $2.3 billion, with positive free cash flow of $97 million helped by end-demand resuming in most markets and the Company’s cost reduction and cash preservation measures. CNH Industrial ended the quarter with strong available liquidity of $11.5 billion
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Laura OverallCorporate Communications ManagerUnited Kingdomlaura.email@example.com+44 (0)207 7660 338+44 (0)7725 632 959