Today 09/29/2016 - 05:38:00 PM
Peugeot SA 13.445€
CAC 40 4,443.84 PTS
PSA Peugeot Citroën has been identified as a French leader for the quality of climate change related information that it has disclosed to investors and the global marketplace through CDP, the international not-for-profit that drives sustainable economies. It is therefore awarded a position on the France Climate Disclosure Leadership Index (CDLI), released on November 4th, 2015, in the France and Benelux CDP’s annual global climate change report.
The news comes three weeks ahead of COP21, the UN climate change conference, when national leaders meet to agree a global deal to reduce carbon emissions and limit temperature warming.
PSA Peugeot Citroën has earned its position on the index by disclosing high quality carbon emissions and energy data through CDP’s climate change program. The reported data has been independently assessed against CDP’s scoring methodology and marked out of 100. Those organizations graded within the top 10% constitute the CDLI.
PSA Peugeot Citroën has scored 100/100.
CDP, once again, recognizes the PSA’s historical commitment in favor of transparency and environment both in industrial and product ranges. This award is consistent with the initiative, taken by the Group on October 26th, 2015, to publish real-world fuel economy figures for its main vehicles as soon as possible, with the process overseen by an independent body.
Regarding vehicles CO2 emissions, PSA emphasizes its leadership with, by the end of August, an average of 105.9 grams of CO2 per kilometer, compared with an average of 120.9 grams of CO2 per kilometer for the European market.
At the request of 822 investors who represent US$95 trillion in assets, thousands of companies submit annual climate disclosures to CDP. Top scores indicate a high level of transparency in the disclosure of climate changerelated information, providing investors with a level of comfort to assess corporate accountability and preparedness for changing market demands and emissions regulation.
Paul Dickinson, executive chairman and co-founder of CDP says: “As the world looks beyond the Paris climate change negotiations and prepares for a low carbon future, reliable information about how companies are responding to the transition will be ever more valuable. For this reason we congratulate those businesses that have achieved a position on CDP’s Climate Disclosure Leadership Index.”
CDP’s annual global climate change report, along with the climate scores of all companies publicly taking part in CDP’s climate change program this year, is available on CDP’s website.