November 21, 2016
CDP is a not-for-profit that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Over the past 15 years, CDP has created a system that has resulted in unparalleled engagement on environmental issues worldwide.
In June 2016, FMC submitted its first response to the CDP climate change program. FMC received an A- on its submission, which is a highly significant achievement for a company reporting to CDP for the first time. CDP, formerly known as the Carbon Disclosure Project, is widely recognized as one of the top sustainability reporting organizations for environmental data in the world. Companies can disclose their strategies and actions they have taken to reduce the potential risks and to capitalize on the potential opportunities presented by climate change. CDP collects this information on behalf of 827 institutional investors who manage over US $100 trillion in assets worldwide. They use CDP’s data to make better-informed financial decisions. Over 20 percent of FMC’s top 25 institutional investors are CDP signatories and use this information in their investment decisions.
Over 8,500 companies reported to CDP’s disclosure programs in 2016. Companies are rated using A through D- scoring levels. The average score among companies reporting to the climate change program was a C, and the average score among reporting companies in the chemical sector was also a C. FMC’s score places the company in CDP’s Leadership scoring category, indicating that FMC is a leader in implementing best practices in climate change action. It is also recognition of the commitment all FMC employees have made in making FMC a more sustainable enterprise and by setting FMC’s new 2020 and 2025 goals in environmental impact, safety, R&D and community engagement. If you would like to learn more about CDP’s climate change program, please click here.Back