WORLD
British American Tobacco (BAT) has been commended for its climate action this year, achieving a place on global environmental impact non-profit organization CDP’s prestigious ‘A List’ for climate change, based on the company’s climate reporting in 2019.
BAT was recognized for its actions to cut emissions, mitigate climate risks and develop the low-carbon economy, based on the data submitted by the company through CDP’s 2019 climate change questionnaire. BAT is one of a small number of high-performing companies out of thousands that were scored.
CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2019, over 525 investors with over US$96 trillion in assets, and 125 major purchasers with US$3.6 trillion in procurement spend, requested companies to disclose data on environmental impacts, risks, and opportunities through CDP’s platform – and over 8,400 responded.
Simon Cleverly, group head of corporate affairs at BAT, said “Climate change is one of the most important issues impacting the world today. As a business with a global footprint, we recognize that addressing the impacts of climate change is not only the right thing to do but also makes sound business sense given how much we depend on natural resources. We are delighted that our efforts have resulted inclusion in the CDP A list and see it as great recognition of our work to secure a better tomorrow for all our stakeholders.”