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Georg Fischer wins first place in Carbon Disclosure Project for sustainability
Product News Tuesday, December 4, 2012: Maizey's (Pty) Ltd
In the latest rating published by the Carbon Disclosure Project (CDP), Georg Fischer reached a very high score. With 88 out of a possible 100 points, Georg Fischer was awarded the top ranking of the Small and Mid Cap (SMIM) companies for the first time.
The Carbon Disclosure Leadership Index (CDLI) is one of the world's leading sustainability ratings. A total of 655 institutional investors score the transparency of climate protection-relevant data published by companies. Of the 350 companies surveyed from Germany, Austria and Switzerland, 36 qualified for inclusion in the Carbon Disclosure Leadership Index (CDLI).
The jury was impressed by Georg Fischer's clear identification of the opportunities and risks arising from climate change and by its significantly more transparent reporting compared with previous years. Georg Fischer's sustainable commitment is reflected in a variety of local initiatives. For instance, it has invested consistently in the development of light-weight components for the automotive industry or made available waste heat generated in production for use as process heat.
Yves Serra, CEO of Georg Fischer, commented: "We are very much honoured to see our sustainability endeavours acknowledged. This is a strong encouragement to pursue our commitment in this regard.”