Danone: Danone recognized as a global environmental leader,
becoming one of the 6 companies with ‘AAA’ score by CDP worldwide
Press release – Paris, February 3rd, 2020
Danone recognized as a global
environmental leader, becoming one of the 6 companies with ‘AAA’
score by CDP worldwide
- Danone obtained a ‘triple A’ score by nonprofit
organization CDP in recognition of its leading environmental
efforts, namely in tackling climate change, fighting deforestation
and protecting water cycles.
- This prestigious distinction acknowledges Danone’s
unique commitments to being a game-changer and to fostering
positive environmental solutions, in line with its ‘One Planet. One
Health’ vision.
Danone has been recognized as a global
environmental leader, becoming one of only 6 companies – among
8,400 organizations assessed – with a ‘triple A’ score by CDP, the
international nonprofit charity that runs the global disclosure
system allowing investors, companies, cities, states and regions to
manage their environmental impacts.
CDP’s annual “A Lists” for Climate change,
Forests and Water security name the world's most pioneering
companies on environmental transparency and performance. Being
included in these three prestigious lists is a great recognition of
Danone’s environmental actions and progress towards its ambition of
becoming carbon neutral, achieving zero deforestation in its supply
chain and protecting water cycles. It also demonstrates the high
degree of transparency of Danone’s reporting.
Emmanuel Faber, Chairman and CEO at Danone,
declared: “We are very proud to get a ‘triple A’ score by CDP,
which is truly helping organizations build a more sustainable
economy by measuring and understanding their environmental impact.
I would like to thank our teams for this great achievement, which
acknowledges the resilience of the model we are building through
our ‘One Planet. One Health’ business model, in a transparent way.
This encourages us to keep working with partners to drive change
and better take into account major positive and negative
externalities that are both crucial and available to finance a
radically more inclusive, multidimensional and resilient
growth."
Paul Simpson, CEO of CDP, said: “Congratulations
to the companies that achieved a position on CDP’s A Lists 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.”
As part of its journey towards carbon
neutrality on its full value chain by 2050, Danone set
intermediate carbon reduction targets for 2030 which were
officially approved by the Science-Based Targets initiative in
2017. Danone’s strategy is based on reducing emissions,
transforming agricultural practices to sequester more carbon in the
soil, eliminating deforestation from its supply chain in key
commodities, and offsetting the emissions that remain. Danone
recently strengthened its commitments through the signature of
“Business Ambition for 1.5°C” pledge, alongside 190 other
institutions. This represents a significant acceleration of the
company’s GHG direct and indirect emission reduction targets,
across its extended value chain1. Danone brands are also taking
tangible action to accelerate their journey towards a balanced
footprint of zero net carbon emissions. Within the Danone Waters
division, four major brands have already committed to becoming
carbon neutral in the coming years: evian by 2020, Lanjarón and
Volvic by 2025 and Font Vella by 2030.
Danone remains fully committed to
eliminating deforestation on key commodities in
its supply chain by 2020. In 2019, Danone along with 18
forward-thinking companies and the World Business Council for
Sustainable Development (WBCSD) launched a business-led coalition -
“One Planet Business for Biodiversity” (OP2B) - to protect and
restore biodiversity within its supply chain and portfolios of
products, with the aim to eliminate deforestation, enhance the
management, restoration and protection of high-value natural
ecosystems.
Danone began its journey to protect
water cycles more than two decades ago, by partnering with
the Ramsar convention on wetlands in 1998. Today, Danone is
supporting locally-adapted solutions to water quality, quantity and
access both in its operations and its value chain. It has adopted a
water stewardship strategy focusing on 4 pillars: water in
operations, protecting ecosystems, promoting sustainable
agriculture and increasing access to safe drinking water for
populations.
To continue its transparency efforts, Danone is
going to join The FSB Task Force on Climate-related Financial
Disclosures (TCFD), which develops voluntary, consistent
climate-related financial risk disclosures for use by companies in
providing information to investors, lenders, insurers, and other
stakeholders.
A detailed and independent methodology is used by CDP to assess
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.
The three A-Lists for Climate change, Water
protection and Forests, and full company scores are available on
CDP’s website:
https://www.cdp.net/en/companies/companies-scores
About CDP
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. About Danone
(www.danone.com)
Dedicated to bringing health through food to as
many people as possible, Danone is a leading global food &
beverage company building on health focused and fast-growing
categories in three businesses: Essential Dairy & Plant-based
products, Waters and Specialized Nutrition. Danone aims to inspire
healthier and more sustainable eating and drinking practices, in
line with its ‘One Planet. One Health’ vision which reflects a
strong belief that the health of people and that of the planet are
interconnected. To bring this vision to life and create superior,
sustainable, profitable value for all its stakeholders, Danone has
defined its 2030 Goals: a set of nine integrated goals aligned with
the Sustainable Development Goals (SDGs) of the United Nations.
Danone commits to operating in an efficient, responsible and
inclusive manner; it holds itself to the highest standards in doing
business, as reflected by its ambition to become one of the first
multinationals certified as B CorpTM. With more than 100,000
employees, and products sold in over 120 markets, Danone generated
€24.7 billion in sales in 2018. Danone’s portfolio includes leading
international brands (Actimel, Activia, Alpro, Aptamil, Danette,
Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, among others)
as well as strong local and regional brands (including AQUA,
Blédina, Bonafont, Cow & Gate, Horizon, Mizone, Oikos,
Prostokvashino, Silk, Vega, Happy Family). Listed on Euronext
Paris and on the OTCQX market via an ADR (American Depositary
Receipt) program, Danone is a component stock of leading social
responsibility indexes including the Dow Jones Sustainability
Indexes, Vigeo Eiris, the Ethibel Sustainability Index, MSCI Global
Sustainability, MSCI Global SRI Indexes and the FTSE4Good
Index.
1 Scopes 1, 2 and 3 as defined by the GreenHouse Gas
Protocol
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