Tesco recognised for work on climate change
10 Oct 2013
Tesco has once again been recognised for its outstanding work on reducing carbon emissions
For the fifth year in a row, the hard work across the Group to deliver our climate change strategy and reduce carbon emissions has been recognised by the Carbon Disclosure Project (CDP).
The CDP rates companies based on their contribution to tackling climate change, as well as their transparency of reporting. We were awarded a very impressive 96 out of 100 for how we report what we are doing right across the business, and an A- for our performance. This is an improvement on our already-high score of 91 from last year and makes us the top UK retailer in the CDP FTSE 350 Leadership Index, as well as the top global retailer in the CDP Global 500 Index for tackling climate change.
Our work has also been recognised by the Environmental Investigations Agency (EIA) and the Dow Jones Sustainability Index (DJSI). Last week the EIA released a major report on the work retailers have done to reduce the emission of harmful HFC refrigeration gases. In the report we have been described as "industry leading" for our efforts to reduce the impact of HFCs, and for our use of climate-friendly alternative refrigeration across the Group.
The DJSI provides a guide for investors to help with their investment decisions. Areas assessed include a company’s environmental practices, reporting and social contribution. Only the industry-leading companies are included each year, and we are be proud to have retained our position in the index.
This significant recognition is a reflection of the efforts of colleagues across the whole business.