Carbon Disclosure Project adds Symrise to the Climate A list

5-Nov-2015

This achievement signifies that Symrise leads the energy and materials sector in the DACH region

The Carbon Disclosure Project (CDP) has awarded Symrise a 100 A rating, adding the company to the Climate A list.

This achievement signifies that Symrise leads the energy and materials sector in the DACH region (Germany, Austria and Switzerland), as well as in the German MDAX stock index. As a result, the company is among the top 100 companies worldwide recognised by CDP in the Climate A list.

The recently received DQS sustainability prize and the inclusion in the FTSE4 Good and ETHIBEL sustainability indices further prove Symrise’s commitment to the environment and sustainability.

Symrise joined the Climate A list on the afternoon of 4 November 2015. The company had improved its rating from 96 B to 100 A. Thus, Symrise AG now holds now the status of MDAX index leader in the CDP’s 2015 climate change report and is among the eight best companies in the MDAX this year.

Furthermore, Symrise stands out as the leader of the energy and materials sector in the DACH region. This makes Symrise AG one of the top 5 companies in this sector within Germany, Austria and Switzerland.

'We congratulate Symrise on its inclusion in the CDP Climate A List and achieving the highest CDP climate score: 100 A. Symrise AG has demonstrated outstanding transparency regarding its climate activities to investors and the public. It has also made clear its ambitious strategies, goals and extraordinary measures to combat climate change. Only 113 of more than 2000 listed companies worldwide were able to gain a position in the CDP Climate A list this year,' said Susan Dreyer, Director of the DACH Region, CDP.

CDP Europe is part of the worldwide CDP network, an international non-profit organisation. Working with companies and cities, they make available the only global system to measure, manage and disclose environmental impact. In the process, CDP collaborates with the most important market participants from public policy, business and the capital markets – among them 822 institutional investors with total assets of €86 trillion.

Through these collaborations, they offer companies incentives for disclosing and reducing environmental impact and resource consumption. More than 5500 companies worldwide, including almost 1800 in Europe, disclosed environmental information through CDP in 2015. CDP currently has the world’s largest database of primary data on climate change as well as water and forest use. CDP thus enables policy makers to take nature into account when making strategic business, investment and political decisions.

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Climate performance is scored by comparing the quality reported to what the management actually achieves. Therefore, it conveys the credibility of a company’s measures and, above all, their effectiveness in adapting to or combating climate change. It also reflects actions taken to increase data validity.

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