SCA, a leading global hygiene and forest products company, has been identified as a global leader for its strategies and actions in response to climate change and has been awarded a position on the Climate A List by CDP, the international not-for-profit that drives sustainable economies.
Thousands of companies submit annual climate disclosures to CDP for independent assessment against its scoring methodology. SCA is among 9% of corporations participating to be awarded a position on the Climate A List, in recognition of its actions to reduce emissions and mitigate climate change in the past reporting year. 193 “A Listers” appear on the list, which has been produced at the request of 827 investors with assets of US$100 trillion. Fourteen Nordic companies qualified to the list, of which four are Swedish.
“We take climate change very seriously and this acknowledgement proves that our climate initiatives are best-in-class. It is gratifying that it is being noticed,” says Magnus Groth, President and CEO of SCA.
CDP’s chief executive officer Paul Simpson says: “We congratulate the 193 A List companies that are leading the charge towards our low carbon future. Companies are key actors in enabling the global economy to achieve its new climate goals, and the leadership of this group points the way for others to take bold action and capitalize on the many opportunities that await.”
The Climate A List, along with the climate scores of all companies publicly taking part in CDP’s climate change program this year, is available on CDP’s website.
SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2015 amounted to approximately SEK 115bn (EUR 12.3bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. For more information, visit www.sca.com.