Tetra Pak has been recognised for leadership in corporate sustainability by global environmental non-profit CDP,[1] securing a place on its prestigious A List for tackling climate change, as well as acting to protect forests – two of the three environmental themes covered by CDP. Tetra Pak is the only company in the carton packaging sector to be included in the CDP leadership band for five years in a row and to score an outstanding double ‘A’ for climate and forests in 2020.
Tetra Pak is part of a very small number of companies (1%) that achieved a double ‘A’ score, out of 5,800+ companies that were scored based on data submitted through CDP’s questionnaires in 2020. Through significant demonstrable action on climate and deforestation risks, the company is leading on corporate environmental ambition, action and transparency worldwide.
CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2020, over 515 investors with over US$106 trillion in assets and 150+ major purchasers with US$4 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform. Over 9,600 responded – the highest number ever.
A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. CDP’s scoring for forests is conducted through the lens of the four commodities that cause most deforestation: timber products, cattle products, soy and palm oil. Companies need to score an ‘A’ on at least one of these forest-risk commodities to earn a place on the Forests A List.
more at source: https://www.tetrapak.com/about-tetra-pak/news-and-events/newsarchive/double-a-score-climate-forests-stewardship