- 23 January 2019
- Transport / Logistics Services
Global Logistics operator UPS has been praised for its global industry leadership in tackling climate change by the Carbon Disclosure Project (CDP).
“It’s rewarding to see UPS’s efforts to cut emissions, mitigate climate risks and develop the low-carbon economy being recognised,” said Tamara Barker, chief sustainability officer at UPS and vice president of environmental affairs. “UPS will continue to look for ways to lessen its environmental impacts as it’s important for companies to step up to do their part.”
Every year, thousands of companies disclose data about their environmental impacts, risks and opportunities to CDP. In 2018, companies were requested to do so by over 650 investors with over US$87 trillion in assets, and/or 115 major purchasing organisations with US$3.3 trillion in purchasing power. Companies are scored and given a grade for how effectively they are tackling climate change.
“As the severity of environmental risks to business becomes ever more apparent, these are the companies that are positioning themselves to provide solutions, seize new market opportunities and thrive in the transition to a sustainable economy,” said Paul Simpson, CEO of CDP.