Sofidel has received CDP award for the best non-listed italian company for action on climate change
Carbon Disclosure Project is an international not-for-profit organisation that provides companies and cities with the only global disclosure system for measuring, disclosing, managing and sharing information relating to environmental impact. It serves 827 institutional investors, representing assets in excess of US$100 trillion.
Sofidel, the tissue paper production Group renowned in Italy above all for its Regina brand, received the award from CDP (Carbon Disclosure Project) for Best Voluntary Responder Italy during the event CDP Italy Climate Leadership Awards & Report Launch, held yesterday in Milan.
The award recognises the Italian company to obtain the highest score among those that participated voluntarily in the CDP Italy Climate Change Report 2016 programme, disclosing data and performance regarding action against climate change.
The Lucca-based tissue paper manufacturing Group obtained a B rating on the basis of parameters including commitment to transparency of disclosed information, the development of relationships based on mutual trust, endeavours to facilitate dialogue and the commitment to action against climate change.
CDP is an international not-for-profit organisation that provides companies and cities with the only global disclosure system for measuring, disclosing, managing and sharing information relating to environmental impact, so that investors can get environmental information to use in financial decisions. CDP serves 827 institutional investors, representing assets in excess of US$100 trillion.
Thus, Sofidel is once again recognised for its commitment to environmental sustainability, considered a strategic and competitive development lever.
As regards the reduction of greenhouse gas emissions, Sofidel was the first company in the global tissue industry to sign up to the WWF Climate Savers programme. Between 2009 and 2015, thanks to investments in energy efficiency, the use of cogeneration plants and renewable energy sources, the company reduced direct CO2 emissions into the atmosphere by 17.8%.
As part of the policy of reducing corporate environmental impact, Sofidel also pays great attention to safeguarding forest resources, with 99.97% of cellulose used derived from certified or controlled sources (FSC®, PEFC™, SFI™), and to safeguarding water resources.
The objective is to manufacture products with an increasingly reduced ecological footprint that are nonetheless increasingly effective; products that contain less natural capital, yet offer superior functional qualities.