Asahi Group Recognized with Prestigious “A” Score for Global Climate Stewardship by Global Environmental Non-Profit CDP
(Tokyo, Japan - February 6, 2024) - Asahi Group Holdings, Ltd. announces that it 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. This is the sixth consecutive year since 2018 that Asahi Group has been recognized for this score.
One of the principles under the Asahi Group Philosophy is to “Contribute to realizing a sustainable society through our business.” In line with the four pillars of Asahi Group's Environmental Vision 2050, which includes climate change, the Group is committed to accelerating our environmental efforts and creating a positive impact on both society and the Group's operations, as we strive to achieve our vision of the world in 2050.
Asahi Group acknowledges that its recognition on the "Climate Change A List" is a result of its initiatives to reduce CO2 emissions, which include the promotion of renewable energy use, designing containers/packaging such as label-less products with lower environmental impacts, and conducting demonstration tests for the creation of new clean energy models. Moreover, the Group believes its endorsement of the TCFD recommendations, along with its quantitative evaluation and disclosure of the impact of climate change-related risks and opportunities on its businesses using 1.5℃ scenario analysis methods, have also been recognized.
For over 100 years, the Asahi Group has worked with the gifts and the power of nature to deliver on our great taste promise. The Group will continue to deepen its response to climate change by further strengthening collaboration with suppliers and partners, with the aim to bring our colleagues, partners and communities together to build a sustainable future.
For reference
CDP’s A List 2023
https://www.cdp.net/en/companies/companies-scores
- CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 in the UK and working with more than 740 investors with over US$136 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 24,000 organizations around the world disclosed data through CDP in 2023, including more than 23,000 companies worth two-thirds of global market capitalization, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy.