Geneva, 11 December 2020: WBCSD members Danone, Firmenich S.A, Mondi, PMI and Symrise are among the only companies in the world to have obtained a "triple A" score by CDP in recognition of their leading environmental efforts in tackling climate change, fighting deforestation and protecting water cycles.
CDP scoring drives corporate transparency and helps to guide, incentivize and assess environmental action. In 2020, a record-breaking 9,600+ companies disclosed through CDP – 14% more than last year, and 70% more than when the Paris Agreement was signed. Disclosing companies represent over 50% of global market capitalization. By scoring companies and cities, CDP aims to incentivize and guide them on a journey through disclosure towards becoming a leader on environmental transparency and action.
This year has seen a major increase (45% up on last year) in the number of companies achieving an A score, with increases across all three themes that CDP assesses. Along with the high levels of disclosure, this shows growing environmental awareness among the business world in 2020.
For climate scores this is largely because more companies are choosing to be transparent by disclosing data – in itself an important step, driven by increased market pressure for transparency. The growth in companies scoring an A for tackling deforestation and water security points to increased action in these areas, as the higher levels of disclosure does not fully account for the increase. Forests is particularly notable as the number of companies on the A List doubled from a low base (16 compared to 8 last year).
The A List comes just ahead of the five-year anniversary of the Paris Agreement, with world governments expected to deliver updates on their national climate plans to build momentum ahead of COP26. In November, the UK Government was the first G20 government to announce mandatory disclosure, sending a powerful signal to the market and other governments that they should follow the UK’s approach.
In total, 49 WBCSD member companies have made CDP’s annual A List which names the world's most pioneering companies leading on environmental transparency and performance. This year, CDP has recognized more than 300 corporates as the leaders acting to address environmental risks and build our future sustainable economy - one that works for both people and planet.
WBCSD members on the 2020 CDP A list includes:
- Danone
- FIRMENICH SA
- Mondi PLC
- Philip Morris International (PMI)
- Symrise AG
- Accenture
- Anheuser Busch InBev
- Apple Inc.
- BASF SE
- Bayer AG
- BMW AG
- Bridgestone Corporation
- BT Group
- EDF
- EDP
- Empresas CMPC
- ENEL SpA
- ENGIE
- Fujitsu Limited
- Givaudan SA
- GlaxoSmithKline
- Hitachi, Ltd.
- Ingka Holding B.V.
- International Flavors & Fragrances Inc.
- Kering
- Komatsu Ltd
- Kone Oyj
- Koninklijke Philips NV
- LafargeHolcim Ltd
- LANXESS AG
- Mahindra & Mahindra
- Microsoft Corporation
- Nomura Research Institute, Ltd.
- Novartis
- Novo Nordisk A/S
- PepsiCo, Inc.
- Pirelli
- PTT Global Chemical
- Schneider Electric
- Sonae
- Sumitomo Chemical Co., Ltd.
- Sumitomo Forestry Co., Ltd.
- The Navigator Company
- The Yokohama Rubber Co., Ltd.
- Toyota Motor Corporation
- Unilever plc
- Volkswagen AG
- Walmart, Inc.
- Yokogawa Electric Corporation
For more information on the CDP A list, please click here.