Kier has been identified as a UK leader for the quality of climate change related information that it has disclosed to investors and the global marketplace through CDP, the international not-for-profit that drives sustainable economies.
The company has been awarded a position on the FTSE 350 Climate Disclosure Leadership Index (CDLI) in the United Kingdom edition of CDP’s annual global climate change report. The news comes ahead of COP21, the UN climate change conference, when national leaders meet to agree a global deal to reduce carbon emissions and limit temperature warming.
Kier has earned its position on the index by disclosing high quality carbon emissions and energy data through CDP’s climate change programme. The reported data has been independently assessed against CDP’s scoring methodology and marked out of 100.
The organisations graded within the top 10% constitute the CDLI. Kier scored 99 – up from 89 last year.
Kier Group environmental manager, Peter Johnson, commented:
“Our declared vision for the environment is to reduce our negative impact by using the fewest resources possible, influencing asset design and creating processes to deliver projects more efficiently. We can only demonstrate to our stakeholders that we have turned this vision into reality through the publication of robust, independently verified and transparent data, and that is why it is so important for us to be included in the Climate Disclosure Leadership Index.”
At the request of 822 investors who represent US$95tn in assets, thousands of companies submit annual climate disclosures to CDP. Top scores indicate a high level of transparency in the disclosure of climate change-related information, providing investors with a level of comfort to assess corporate accountability and preparedness for changing market demands and emissions regulation.
Paul Dickinson, executive chairman and co-founder of CDP, commented:
“As the world looks beyond the Paris climate change negotiations and prepares for a low carbon future, reliable information about how companies are responding to the transition will be ever more valuable. For this reason we congratulate those businesses that have achieved a position on CDP’s Climate Disclosure Leadership Index.”
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