Intesa Sanpaolo was praised by the Carbon Disclosure Project (CDP) for the commitment it has shown towards the reduction of climate-changing emissions and the mitigation of the resulting risks.
Thanks to the results achieved, Intesa Sanpaolo was included in the Performance Index CDP Carbon Leadership (CPLI). The CPLI selects, within the FTSE Global Equity Index Series (Global 500), the companies that have shown an efficient strategic approach on the matter of emission reduction in their answers to the CDP questionnaire.
This index, compiled by PwC on behalf of CDP, represents a valuable evaluation tool for institutional investors. This year, 33 Global 500 companies were represented in the CPLI, based on an analysis of their answers to the 2012 CDP questionnaire.
Enrico Cucchiani, CEO of Intesa Sanpaolo, remarked, “The inclusion of Intesa Sanpaolo in the Performance Index CDP Carbon Leadership is an important recognition of the initiatives we have taken over the past few years in order to reduce the emissions. We are very proud to be considered among some of the world’s most actively involved companies in this sector and we will continue to work with the same commitment in this direction.”
Paul Simpson, CEO of CDP, commented, “The companies entered in the Carbon Performance Leadership Index have shown clear commitment towards the management and reduction of their greenhouse gas emissions and have taken concrete actions against climate change. The organisations working to reduce emissions and to incorporate climate change issues into their business strategies show the ability to cut down costs, have greater opportunities to generate income and, lastly, have a more solid future ahead of them.”
The CDP represents 655 institutional investors with 78,000 billion dollars in assets under management.