Sofidel, also for 2018, has voluntarily joined the CDP Report, a global disclosure system that enables companies, cities, states and regions to measure, disclose, manage and share their environmental impacts. CDP, formerly the Carbon Disclosure Project, serves more than 650 institutional investors with US$ 87 trillion in assets. In 2018, over 7,000 companies across the world disclosed through CDP.
Sofidel has been awarded an A- rating in the Climate Change category and an A- rating in the Forests Timber category, in both cases earning a place in the highest (Leadership) scoring echelons of the Report – and further improving its score from previous years. In particular, in the Paper & Forestry sector, Sofidel ranked among the top businesses in the Climate Change category, above the sector average at global (C) and European (B-) level, and among the top businesses in the Forests Timber category, above the sector average at global (B-) and European (B-) level.
In 2016, the Sofidel Group had already been awarded Best Voluntary Responder Italy by CDP for having obtained the B rating among the businesses that voluntarily participated in the CDP Italy Climate Change Report 2016 programme, disclosing data and performance regarding action against climate change. In 2017, the Group obtained the B rating in the same Climate Change and Forests Timber categories.
For further information, the report can be consulted at this link: https://www.cdp.net/en/scores