Capgemini named on CDP’s prestigious ‘A List’ for leading effort to address climate change
Annual competition showcasing the best Financial NewTechs and collaborative projects in the financial services industry.
Joining the A list recognizes Capgemini’s commitment to climate change as part of its Architects of Positive Futures ambition. Achieving a place on the A-list is a significant endorsement of Capgemini’s environmental sustainability strategy to decarbonize its operations through continuously improving energy efficiency, reducing the carbon footprint of its services and processes, and setting ambitious emissions reductions targets in line with climate science.
This recognition places the company as one of small number of high performers out of the 8,400 who responded to the CDP’s disclosure requests.
Paul Hermelin, Chairman and CEO of the Capgemini Group said: “Business has a critical role to play in stabilizing global warming – the climate crisis must be the next catalyst for widespread reinvention and transformation. This is why we have made tackling climate change issues a number one priority for us and we are delighted to have been recognized for our approach by the CDP. This recognition reflects our active commitment toward the Net-Zero Economy. As a leading responsible company, we aim to leverage our expertise, innovation and technology to also help our clients transform for a sustainable future.”
The CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. Capgemini was recognized in a detailed and independent review that considers issues such as awareness and management of climate change risks and how organizations demonstrate best practices associated with environmental leadership, such as setting ambitious and meaningful targets.
Capgemini’s improved score recognizes the robust approach taken to manage climate-related risks, as well as the huge progress the company has made in cutting its greenhouse gas emissions. Capgemini met its 2020 carbon reduction targets two years ahead of schedule, with significant investments made in improving energy efficiency, switching to renewable energy sources and reducing business travel. The company continues to progress towards its 2030 science-based targets.
The achievement also recognizes the efforts the company has made to engage with clients on the topic of carbon reduction and embed sustainable transformation into its services. At the recent World Climate Summit, in December 2019, Capgemini presented its insights on how organizations must innovate toward the Net-Zero Economy and strategies to achieve a 45% reduction in greenhouse gas emissions by 2030 – and net zero emissions by the middle of this century.
Paul Simpson, CEO of CDP, said: “Congratulations to the companies that achieved a position on CDP’s A List this year, for leading in environmental performance and transparency. The scale of the business risks from the climate emergency, deforestation and water insecurity are vast – as are the opportunities from addressing them – and it’s clear the private sector has a vital role to play at this critical time. The A List companies are leading the market in corporate sustainability, tackling environmental risks and setting themselves up to thrive in tomorrow’s economy.”
The Climate Change A List is published by CDP each year, alongside the A Lists for leadership on protecting forests and water security.
The full list of companies that made this year’s CDP Climate Change A List is available here, along with other publicly available company scores: https://www.cdp.net/en/companies/companies-scores
Note to editors
The full methodology and criteria for the Climate Change A List are available on CDP’s website at: https://www.cdp.net/en/guidance/guidance-for-companies under ‘CDP scoring methodologies 2019’.
Capgemini is a global leader in consulting, digital transformation, technology, and engineering services. The Group is at the forefront of innovation to address the entire breadth of clients’ opportunities in the evolving world of cloud, digital and platforms. Building on its strong 50-year+ heritage and deep industry-specific expertise, Capgemini enables organisations to realise their business ambitions through an array of services from strategy to operations. Capgemini is driven by the conviction that the business value of technology comes from and through people. Today, it is a multicultural company of 270,000 team members in almost 50 countries. With Altran, the Group reported 2019 combined revenues of €17 billion.
Visit us at www.capgemini.com. People matter, results count.
CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$96 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 8,400 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2019. This is in addition to the over 920 cities, states and regions who disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP is a founding member of the We Mean Business Coalition.
Visit https://cdp.net/en or follow us @CDP to find out more.
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