The company achieves the top score by the Carbon Disclosure Project (CDP) for transparency
Carbon Disclosure Project (CDP) is a non-for-profit international organization which, backed by 822 institutional investors with $95bn in assets, gathers, analyzes and evaluates environmental information from over 5,500 companies, including Logista, which is also reported by Bloomberg and Google Finance as one of a listed company’s key statistics and ratios.
Logista has been participating in this initiative since 2011 and, this year it was invited to take part through the “Climate Change Investor” program for Spain and Portugal, which assessed the largest 125 companies by market capitalization in both countries.
The program thoroughly analyses and scores the company’s information, assessing the company’s climate change management at a corporate level, how it is applied to its businesses and the actions carried out during the last year.
CDP assessed the quality and transparency of the information reported by Logista, as well as actions and improvements in performance related to 4 main areas: Corporate Governance and strategy, risks and opportunities management, emissions management and verification of reported information.
Logista achieved the maximum possible score for information quality and transparency (100 points out of 100 possible), surpassing by 8 points the average score of participating companies in Spain and Portugal and by 17 points the average score of all participants globally.
The achievement of this maximum score led to Logista being included in the exclusive list of 16 leading companies in this regard.
Also, CDP granted Logista’s performance a B (in a range between A and E), measuring actions taken by the company to mitigate climate change.
This new recognition reflects the continuous effort and commitment by the company with the environment and reassures the importance Logista gives to its operations’ sustainability within the company’s global strategy.