CNH Industrial recognised as world leader for corporate action on climate change
The global capital goods company has been selected for inclusion on The A List: The CDP Climate Performance Leadership Index 2014. CDP is an international, not-for-profit organisation providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. This latest achievement is a welcome validation of CNH Industrial's environmentally-conscious practices throughout its worldwide operations.
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) has been awarded with a position on The A List: The CDP Climate Performance Leadership Index 2014. The company’s inclusion within the A-band ranking is the result of its being identified as demonstrating a superior approach to climate change mitigation. This was determined through an evaluation process whose judgement criteria included: Governance, Strategy, Targets and Initiatives, Communication, Risks & Opportunities and Performance. The CDP is an international, not-for-profit organisation, which holds the largest collection globally of primary climate-change, water and forest risk commodities information. It works with market forces, including 767 institutional investors, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them.
The CDP Climate Performance Leadership Index 2014 recognises the actions of listed companies to reduce carbon emissions and mitigate the business risks of climate change. The A List includes 187 out of 2,000 listed companies which were independently assessed against CDP’s widely-respected scoring methodology and ranked accordingly. CNH Industrial and its fellow climate performance leaders on The A List index have demonstrated that they are investing to reduce their greenhouse gas emissions and collectively have reduced their total (absolute) emissions by 33 million metric tonnes in the past reporting year. CDP performance scores, such as The A List, provide a tool for institutional investors and stakeholders to evaluate and track corporate efforts to mitigate climate change. Scores are communicated to investors and other decision makers through various channels, including Bloomberg terminals, to help them assess corporate preparedness for changing market demands and emissions regulation.
Basildon, 16 October, 2014
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