HELSINKI, Oct. 26, 2016 (Press Release) -Kemira has been recognized by the CDP for reaching the Leadership level and classified with A- score (range from A to D) for its actions on climate change.
Kemira achieved a performance band A-, which suggests that Kemira's actions represent best practice to advance environmental stewardship, thorough understanding of risks and opportunities related to climate change, as well as formulated and implemented strategies to mitigate or capitalize on these risks and opportunities.
"Following the Paris Agreement, expectations have increased significantly for companies to lead the transition to a more sustainable economy, and we are delighted that Kemira's efforts and leadership has been recognized by the CDP. Our climate efforts are focused both on our products that enable our customers' water, energy and raw material efficiency, as well as on our own operations. A good example is our Energy Efficiency Enhancement Program (E3plus) that aims to improve our energy efficiency, leading also to lower emissions and profitability improvement at the same time", says Tomas Biström, Director, Corporate Responsibility.
CDP represents over 800 investors who hold more than USD 100 trillion assets under management. Investors use CDP indices to evaluate company's risks and opportunities related to its environmental impacts.
Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise, application know-how and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2015, Kemira had annual revenue of EUR 2.4 billion and around 4,700 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd.