CDP, an international environmental organization, has named Xerox (NYSE: XRX) as a leader in providing reliable information about carbon emissions and energy use to investors and the global marketplace.
The recognition comes as COP21, the United Nations climate change conference in Paris gets underway, where national leaders will meet to work on a global deal to reduce carbon emissions and limit temperature warming.
“As the world looks beyond the Paris climate change negotiations and prepares for a low carbon future, reliable information about how companies are responding to the transition will be ever more valuable,” said Paul Dickinson, executive chairman and co-founder of CDP, a not-for-profit, non-governmental organization that collects self-reported climate change, water and forest risk data. “For this reason we congratulate those businesses that have achieved a position on CDP’s Climate Disclosure Leadership Index,” he said.
Xerox was named to the S&P Climate Disclosure Leadership Index (CDLI) for the quality of its carbon emissions and energy reporting that it submits to CDP’s climate change program. The reported data has been independently assessed against CDP’s scoring methodology and out of a possible 100, Xerox scored 99. Only organizations graded within the top 10 per cent are included in the leadership index.
CDP’s collection of risk data – the world’s largest – enables businesses, investors and cities to better mitigate risk, capitalize on opportunities and make the type of investment decisions that lead to a more sustainable world.
Xerox’s Efforts Widely Recognized
Last month, Xerox signed a climate change pledge at the White House during a half-day event chaired by U.S. Vice President Joe Biden. The commitment was announced at the White House Summit on Climate and the Road through Paris as part of the American Business Act on Climate Pledge, taken by several dozen of the nation's largest companies
“Xerox has a history of sustainability and continues to incorporate sustainability into its business strategy and communicate the measurable benefits it brings to the environment, our customers and society,” said Diane O’Connor, vice president for Xerox Environment, Health, Safety and Sustainability. “As one of the first companies to publicly disclose environmental performance in 1994, we strive for transparency in our reporting Being awarded a position on the S&P Climate Disclosure Leadership Index (CDLI),is an honor that that we celebrate with our employees who drive the effort.
For the second consecutive year, Xerox has been named to the Dow Jones Sustainability Index for North America.
Xerox also has retained its position for the eighth consecutive year on another corporate responsibility benchmark by meeting the FTSE4Good criteria for corporate responsibility, social and stakeholder engagement, human rights and environmental actions.
For more information about Xerox sustainability efforts – check out the Xerox Corporate Citizenship report.
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