Home » Raiffeisen and Lenzing in the environmental elite

Raiffeisen and Lenzing in the environmental elite

by alex

Vienna . At a time when almost all companies are giving themselves a green image in order to raise money from investors, facts and fiction are often far apart. If you really want to know which companies take environmental protection seriously, you should look at the “A” list of the British Carbon Disclosure Project (CDP). This is all the more true for institutional investors who, in their investment strategy, are increasingly paying attention to the ecological footprint of the potential investment goals.

The EU-funded environmental organization CDP has been supplying the necessary data for this for twenty years. The organization works with 515 major investors who manage total assets of $ 106 trillion. For them, CDP assesses the disclosure of consequences, risks, opportunities and measures with regard to the environment. A good grade is therefore proof of a high level of transparency in the environmental area, but does not necessarily mean that the company has to have a small carbon footprint. However, a prerequisite for a good ranking is that the company is very open about it and has set itself clear, ambitious and verifiable goals.

Only every second participant

In the meantime, more than 9,600 companies are reporting their figures transparently to CDP. In Austria, 35 companies were recently on board. However, every second domestic company asked refused to cooperate with the NGO.

The “A list” for 2020 includes 312 companies worldwide. In addition to international corporations such as Danone, Electrolux, HP, Mars, Ørsted, Toyota and Zalando, the Lenzing Group and Raiffeisen Bank International from Austria are also on the list. Raiffeisen Bank International received an “A” rating for its measures against climate change. The Lenzing Group achieved top marks both for climate protection and for its commitment to protecting forests. (except)

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