UK's Burberry gets 'A' score for climate change transparency from CDP

Burberry has been committed to achieving targets across its four strategic priorities: product, planet, people, and communities. Most recently, Burberry was one of the first companies globally to receive approval from the Science Based Targets initiative (SBTi) for its net-zero emissions target, according to a press release.

A detailed and independent methodology is used by CDP to assess these companies, taking into account publicly disclosed information, how organisations are tackling environmental risks, and demonstration of best practice, such as setting and reporting against meaningful targets.

“We are delighted to be recognised on the CDP A List once more, particularly moving up from our previous A- rating to an A, which demonstrates our continued commitment to transparency as we work to achieve our ambitious goals. However, we know there is more we all need to do to tackle climate change while protecting nature. Setting stretching targets and calling for greater transparency on progress are key to taking urgent, meaningful action and we will continue to push for greater change across our industry and beyond,” said Caroline Laurie, VP of corporate responsibility, Burberry.

“Congratulations to all the companies on this year’s A List; environmental transparency is the first vital step towards a net-zero and nature-positive future. In a year of ever-increasing environmental concerns around the world—from extreme weather to unprecedented losses to nature—the need for transformational, urgent, and collaborative change is more critical than ever. We must decarbonise half of global GHG emissions and eliminate deforestation by 2030, alongside achieving water security on the same timescale—there is no route to 1.5°C without nature. As CDP continues to raise the bar on what qualifies as climate, forests, and water leadership, we hope to see the ambitions and actions of companies on the A List—and those wanting a place on it—do the same,” said Dexter Galvin, global director of corporations and supply chains at CDP.

ALCHEMPro News Desk (NB)