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Europe: Novozymes listed on indexes for being sustainable

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Novozymes is one of the 187 that has been awarded an A grade in The CDP Climate Performance Leadership Index 2014 by CDP, the international non-governemnt organization (NGO) that drives sustainable economies.

The index presents listed companies identified as demonstrating a superior approach to climate change mitigation.

“Sustainability is an intrinsic part of Novozymes’ business, and in 2013 alone, our solutions enabled our customers to reduce carbon dioxide (CO2) emissions by an estimated 52 million tons – that is the equivalent of taking approximately 20 million cars off the road,” said says Flemming Funch, VP for supply engineering.

“We have succeeded in reducing our own CO2 emissions by more than 50% per ton of product produced when compared to 2005.”

“In 2013, we reduced our own CO2 emissions by 8.2%, when compared to 2012, by optimizing our production processes and implementing 27 dedicated emission reduction projects.”

Novozymes was simultaneously awarded with a position on the Nordic Climate Disclosure Leadership Index (CDLI) in the CDP Nordic 2014 report.

It has been part of the index since 2010, and this year, it achieved the best possible disclosure score of 100.

With this result, Novozymes has become one of the first few Nordic companies to achieve maximum scores for both performance and disclosure simultaneously.

Disclosure to CDP’s climate change program is at the request of 767 investors that represent more than a third of the world’s invested capital.

The information provided by nearly 2,000 listed companies is independently assessed against CDP’s scoring methodology and ranked accordingly.

CDP scores are communicated to investors and other decision makers through various channels, including Bloomberg terminals, and serve as a tool to evaluate and track corporate efforts to mitigate climate change.