Stockholm, Sweden, 2014-10-16— /EPR Retail News/ — H&M is recognized for its actions to reduce carbon emissions and mitigate the business risks of climate change. The company is awarded an A grade for its climate performance at The CDP Climate Performance Leadership Index 2014.
According to CDP, H&M earns its position thanks to a superior approach to climate change mitigation. The CDP Climate Performance Leadership Index is a global ranking of corporate efforts to mitigate climate change. Nearly 2,000 listed companies have been ranked according to its scoring methodology.
– Global greenhouse gas emissions continue to rise and we face steep financial risk if we do not mitigate them. For this reason we congratulate those businesses that have achieved a position on The A List. These companies are responding to market demand for environmental accountability and at the same time are making progress towards the realization of sustainable economies, says Paul Simpson, chief executive officer of CDP.
The companies on the A List are characterized by the CDP as “climate performance leaders;” that their actions help to illustrate that a low carbon future does not mean low profit.
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