Sweden, Oct 18, 2012 - For the third time SCA has qualified to the Carbon Disclosure Leadership Index, which represents 655 institutional investors with 78 trillion USD in assets under management, for its approach to climate change disclosure.
SCA recognized in Carbon Disclosure Leadership IndexThe Carbon Disclosure Leadership (CDP) index highlights the constituent companies within the Nordic stock exchanges which have displayed the most professional approach to corporate governance in respect of climate change disclosure practices.
In 2012 it comprises 26 constituents of the Nordic 260 Index based on analysis of the responses to CDP’s 2012 questionnaire which focused on greenhouse gas emissions, emissions reduction targets and risks and opportunities associated with climate change.
Companies are scored on their climate change disclosure and high scores indicate good internal data management and understanding of climate change related issues affecting the company.
The CDP index provides an evaluation tool for institutional investors and recognizes companies with the best reporting practises and performance to tackle carbon dioxide emissions and climate change.