04 November 2020
Mowi achieves A score for progress on climate change
We are delighted to reveal that Mowi has been recognised for leadership in corporate sustainability by global environmental non-profit CDP, securing a place on its prestigious ‘A List’ for tackling climate change.
CDP’s annual A list recognised Mowi for our actions to cut emissions, mitigate climate risks and develop the low-carbon economy. CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts. The world’s economy looks to CDP as the gold standard of environmental reporting with the richest and most comprehensive dataset on corporate and city action.
We have set ourselves tough targets on climate change over the next few years
Speaking about the achievement, Catarina Martins, Chief Sustainability and Technology Officer, said: “What a fantastic way to end 2020. It is our intention to lead the Blue Revolution and we have set ourselves tough targets on climate change over the next few years. To be acknowledged for what we have achieved to date by CDP, whose process is widely recognised as the gold standard of corporate environmental transparency, is really significant for everybody in the company.”
Mowi is one of a small number of high-performing companies out of over 5,800 that were scored. Through significant demonstrable action on climate, CDP considers that we are leading on corporate environmental ambition, action, and transparency worldwide.
In 2020, over 515 investors with over US$106 trillion in assets and 150+ major purchasers with US$4 trillion in procurement spend requested companies to disclose data on environmental impacts, risks, and opportunities through CDP’s platform.
A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D – based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those that do not disclose or provided insufficient information are marked with an F.
Paul Simpson, CEO of CDP, added: “We extend our congratulations to all the companies on this year’s A List. Taking the lead on environmental transparency and action is one of the most important steps businesses can make and is even more impressive in this challenging year marked by COVID-19. The scale of the risk to businesses from climate change, deforestation and water insecurity is enormous, and we know the opportunities of action far outweigh the risks of inaction. Leadership from the private sector will create an ‘ambition loop’ for greater government action and ensure that global ambitions for a net zero sustainable economy become a reality. Our A List celebrates those companies who are preparing themselves to excel in the economy of the future by taking action today.”