Kesko in CDP’s Climate A List for the first time

Kesko rose to CDP’s Climate A List for the first time scoring the maximum 100 points. The globally established list consists of 113 selected leading companies considered to be operating in an exemplary manner in the mitigation of climate change. The K-Group’s systematic climate work is based on the long-term commitments and energy efficiency objectives of Kesko’s responsibility programme.

HELSINKI, Finland, 2015-11-12 — /EPR Retail News/ — Kesko was selected as one of the world’s leading companies to the Climate A List with the best possible score of 100 points.

Kesko was also included in the Nordic Climate Disclosure Leadership Index (CDLI) for the fifth consecutive time. Kesko was awarded the full 100 points also in this index.

  • International recognition is proof that the K-Group’s long-term responsibility work is in the world’s top class and focused on the right things. The mitigation of climate change has been one of the key objectives in Kesko’s responsibility programme for many years already. We are systematically reducing our environmental impacts in cooperation with the entire supply chain and help our customers make choices for the benefit of the environment, says Kesko’s President and CEO Mikko Helander.

The companies that achieve a position on the Climate A List and the Climate Disclosure Leadership Index are defined by the independent organisation CDP. An assessment by CDP has been requested by 822 investors, whose combined investment assets total over a third of the world’s invested capital.

Thousands of companies annually submit information to CDP on their work in climate change mitigation and the reduction of carbon dioxide emissions. The best 5% of the assessed companies, 113 this year, are included on the Climate A List.

Energy efficiency at stores, in transportation and products

Kesko has signed the trading sector energy efficiency agreement and committed to improving its annual energy efficiency by 65 GWh by the end of 2016 through various saving measures. By the end of 2014, Kesko had improved its energy efficiency by 59 GWh and achieved 90% of the objective.

Stores’ energy-efficient solutions, such as lids and doors of refrigeration equipment, recovery of condensation heat, refrigeration units using carbon dioxide, and adjustable and directional lighting, generate significant energy savings.

The emissions from Keslog’s transportation are reduced through, for example, route planning, reverse logistics, two-tier trailers and training in economical driving style.

In autumn 2015, Kesko’s grocery trade, Gasum, Myllyn Paras and Wursti entered into cooperation where biogas produced from biowaste collected from retail stores is utilised as energy in the manufacture of new Pirkka products.

Further information is available from Kesko’s Matti Kalervo, Vice President, Corporate Responsibility, tel. +358 50 306 4081.

Read more about the K-Group’s responsibility work and its results at:
http://kesko2014.kesko.fi/en

Kesko in sustainability indices:
http://www.kesko.fi/en/Investors/Share-information/Equity-indices/Sustainability-indices/

CDP’s Climate A List and the Global Climate Change Report 2015 have been published at: www.cdp.net

Kesko (www.kesko.fi) is one of the Global 100 Most Sustainable Corporations in the World. We are a retail specialist whose chains have about 2,000 stores in the Nordic and Baltic countries, Russia, and Belarus. Our stores offer quality to the daily lives of consumers.

SOURCE: Kesko Corporation

Kimco Realty Corp. recognized for its outstanding commitment to sustainability and transparency by CDP and GRESB

Achieves Climate Disclosure Leadership Index and Green Star Designations

NEW HYDE PARK, NEW YORK, 2014-9-24— /EPR Retail News/ — Kimco Realty Corp. (NYSE:KIM) has been recognized by two leading investor-backed organizations for its outstanding  commitment to sustainability and transparency. Today the company was named to the S&P 500 Climate Disclosure Leadership Index (CDLI) by the nonprofit CDP, the world’s global environmental disclosure system, for the depth and quality of information it disclosed to investors and the global marketplace this year. Kimco’s leadership status was announced in the CDP S&P 500 Climate Change Report 2014, which details how S&P 500 member companies are creating environmental and economic value through their sustainability initiatives.

This is the first year that Kimco has earned a position in the CDLI. The annual index spotlights the top 10 percent of respondents that have demonstrated the highest level of transparency and data quality in their disclosure of climate-related information and reporting of greenhouse gas emissions. Sixty-three companies are featured in the 2014 CDLI. Kimco supplied this information to CDP’s network of 767 institutional investors, who represent more than $92 trillion in assets.

In addition to Kimco’s CDLI recognition, the company recently earned the Green Star designation by the Global Real Estate Sustainability Benchmark (GRESB), the highest designation for respondents. Kimco’s headline GRESB score increased by 67 percent relative to 2013, advancing the company into the top quartile of over 600 global respondents. Founded in 2011, GRESB is an industry-driven organization committed to assessing the sustainability performance of real estate portfolios internationally. It is backed by 46 institutional investors with $5.5 trillion in capital under management. The Green Star is awarded to companies in the real estate industry that measure, implement, manage, and develop corporate responsibility as part of their daily operations.“We started participating in CDP and GRESB four years ago and have steadily improved our scores over the past few years,” said Conor Flynn, President and Chief Operating Officer at Kimco. “Our improvement as measured by these two leading organizations follows from a focused and ongoing internal effort to improve our sustainability performance. Our team, led by Director of Sustainability Will Teichman, has invested considerable time and resources in
developing an industry-leading program and this year’s recognition by CDP and GRESB validates Kimco’s efforts in this strategically important area.”

About Kimco
Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, New York, that owns and operates North America’s largest publicly traded portfolio of neighborhood and community shopping centers. As of June 30, 2014, the company owned interests in 840 shopping centers comprising 121 million square feet of leasable space across 41 states, Puerto Rico, Canada, Mexico and South America. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 50 years. For further information, please visit http://www.kimcorealty.com, the company’s blog at blog.kimcorealty.com, or follow Kimco on Twitter at www.twitter.com/kimcorealty.

###

Contact:
Will Teichman
Director of Sustainability
704-362-6123
wteichman@kimcorealty.com