BAM recognized as world leader for corporate action on climate change
Bunnik, the Netherlands, 15 October 2014 - For its actions to reduce carbon emissions and mitigate the business risks of climate change, Royal BAM Group has been awarded with a position on The A List: The CDP Climate Performance Leadership Index 2014.
The index has been produced at the request of 767 investors who represent more than a third of the world’s invested capital by CDP, the international NGO that drives sustainable economies.
Information provided by nearly 2000 listed companies has been independently assessed against CDP’s scoring methodology and ranked accordingly. BAM has been awarded an A grade for its climate performance, earning a position on this global ranking of corporate efforts to mitigate climate change.
Since 2012 BAM has been one of the leaders regarding transparency on impact on climate change. Only some of these companies also show improved climate performance. In 2014 BAM is amongst the best performing companies.
Rob van Wingerden, CEO of Royal BAM Group: ‘We are proud of our inclusion in the Climate Performance Leadership Index. BAM has been working on reducing its emissions since 2008. We believe that our position on the list is a recognition of our efforts to reduce emissions and the positive impact that we have achieved so far.’
CDP performance scores provide a tool for institutional investors and stakeholders to evaluate and track corporate efforts to mitigate climate change. Scores are communicated to investors and other decision makers through various channels, including Bloomberg terminals, to help them assess corporate preparedness for changing market demands and emissions regulation.
The A List: CDP Climate Performance Leadership Index 2014, along with the climate disclosures of all companies publicly taking part in CDP’s climate change program this year, is available on CDP’s website.
CDP is an international, not-for-profit organization providing a global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 767 institutional investors with assets of US$92 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDP now holds the largest collection globally of primary climate-change, water and forest risk commodities information and puts these insights at the heart of strategic business, investment and policy decisions. Please visit www.cdp.net or follow us @CDP to find out more.