A- Rating of the CDP

26. March 2021 | iwis

An accolade for climate protection: iwis is included in the extended "A-list" of the environmental organization CDP with an" A-".

A very special award confirms the efforts of iwis to act in an environmentally friendly and sustainable manner: The environmental organization CDP (Carbon Disclosure Project) rated iwis enginesystems with an "A-". We attach great importance to keeping our environmental impact as low as possible.

Cooperation with CDP: Many advantages for companies

The non-profit organization CDP, founded 20 years ago in London, is now one of the largest environmental organizations in the world. CDP asks companies, cities or countries for environmental data, e.g. on greenhouse gas emissions, the use of resources such as water or the destruction of forests. Cooperating companies provide the requested data voluntarily. CDP researchers critically review the data, analyze influencing factors and provide recommendations on how these companies can act more sustainably. The collected data is published in a freely accessible pool.

Over 9,600 companies with a share of 50% of global market capital disclosed environmental data through CDP in 2020 - including iwis. From a company perspective, working with CDP offers a clear competitive advantage for iwis: it can help keep ahead of changes in legislation and policy, identify and address growing risks, and spot new opportunities for action that investors and customers around the world are demanding.

iwis at the top of the rating scale

The rating scale consists of eight levels from A to D-. Inclusion in the CDP's "A-list" is considered a kind of accolade for companies that make an effort to protect the climate. For 2020, a total of 19 German companies are included in the A-list, which comprises 317 companies worldwide. Although the number of companies disclosing their data to the CDP is growing steadily, only a minority are still included in the A-list. Most of the companies assessed by CDP only achieved a C or D rating.

iwis engine systems received an "A-" rating, which is in the leadership range. This is higher than the regional European average of B- and higher than the Powered machinery sector average of B-. iwis is thus among the 30% of companies that achieved the Leadership level in their group (examples of companies on the A list in the same group include Cargotec Corporation, CNH Industrial NV, Cummins Inc. and Komatsu Ltd.).

Important step on the way to CO2-neutral production

Many companies are on the way to making their products CO2-neutral. This is good for their image - and is increasingly becoming a decisive competitive factor: car companies are specifically selecting suppliers who are exemplary in terms of CO2. As a leading manufacturing company, iwis also pursues the clear goal of keeping the environmental impact of its business activities as low as possible. The rating is an important step on the way to CO2-neutral production. 

 

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