- The report includes the 125 largest listed companies in Spain and Portugal (Iberia) that have demonstrated a committed strategy to climate change.
WASHINGTON, Oct. 28, 2014 (GLOBE NEWSWIRE) -- Abengoa (MCE:ABG.B/P SM) (Nasdaq:ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has been recognized for the third consecutive year in the Climate Disclosure Leadership Index (CDLI) and the Climate Performance Leadership Index (CPLI). The indices are part of the CDP 2014 Climate Change Iberia 125 Report, which analyses the performance of the 125 largest listed companies in Spain and Portugal (Iberia) in relation to climate change.
Abengoa obtained a score of 99 points out of 100 for its transparency (Climate Disclosure Leadership Index Iberia 125, CDLI) and an "A" rating on a scale from A to E for its performance (Climate Performance Leadership Index Iberia 125, CPLI) in the CDP 2014 Iberia 125 Report. The CDLI is made up of the top 10% of organizations that achieve the highest scores in the analyzed sample and includes 14 companies, of which nine are Spanish; while the CPLI contains six companies, four of which are Spanish, which have achieved an "A" rating for their performance. The scoring methodology is the same for all companies around the world.
This recognition highlights Abengoa's unwavering commitment to sustainable development and its work to combat climate change. The CDP Index 125, prepared by PwC on behalf of CDP, its strategic global partner for the index, identifies listed companies that have demonstrated a committed strategy to climate change and to reducing their impact on the environment.
Abengoa once again participated in the CDP climate change program, designed to help manage greenhouse gas emissions and the risks and opportunities associated with climate change, which was produced at the request of 767 investors that represent combined assets worth $92 trillion. Seven years ago Abengoa implemented various mechanisms to ensure that all of its projects and processes comply with strict sustainability criteria through continuous improvement and innovation.
The complete CDP Iberia 125 report is available from the website: www.cdp.net.
Abengoa (MCE:ABG.B/P SM) (Nasdaq:ABGB) applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water. (www.abengoa.com)
CDP, formerly known as the Carbon Disclosure Project, is an international not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market agents, including 767 institutional investors holding $92 trillion in assets, in order to encourage companies to disclose their impact on the environment and natural resources and to take measures to reduce this. CDP manages the largest global collection of information about climate change, water and forest-risk and puts this information at the heart of business strategy, investment and policy decision making. For more information please visit www.cdp.net or follow us at @CDP.
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