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Source: Brembo announcement
STEZZANO, Italy – Brembo has been recognized for leadership in corporate sustainability by global environmental non-profit CDP, securing a place on its prestigious ‘A List’ for tackling climate change, as well as acting to protect water security – two of the three environmental themes covered by CDP.
The global leader in braking systems is shown as one of a small number of companies that achieved a double ‘A,’ out of 5,800+ businesses that were scored based on data submitted through CDP’s questionnaires in 2020.
Through significant demonstrable action on climate change and water security risks, Brembo is leading on corporate environmental ambition, action and transparency worldwide.
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CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency.
In 2020, more than 515 investors with more than $106 trillion in assets and 150+ major purchasers with $4 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform. More than 9,600 responded – the highest ever.
A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those that do not disclose or provided insufficient information are marked with an F.
“I’m particularly proud that, for the third time in a row, Brembo has been recognized by CDP for its work towards sustainability,” said Cristina Bombassei, Brembo Chief CSR Officer and Board Member. “Being part of the ‘A List’ is the result of our strong commitment to the environment and motivates us to do more. We are taking additional actions that tackle our footprint with an ambitious goal to reach carbon neutrality by 2040.”
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Sustainability is part of Brembo’s DNA and over the years the Company’s efforts have progressively improved and expanded to face the growing climate challenges.
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