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Maire Tecnimont confirms its position in the ranking of Carbon Disclosure Project (CDP)

Maire Tecnimont confirms its position (“B”) in the ranking of Carbon Disclosure Project (CDP), the international not-for-profit organization that researches the impacts of leading listed companies each year in terms of climate change policies and performances.

The CDP releases an annual questionnaire on specific climate issues, which companies volunteer to take part in. In 2019, more than 7,000 companies completed the CDP questionnaire representing over 50% of the global market capitalization.

Maire Tecnimont, which publicly discloses environmental information through Carbon Disclosure Project since 2014, has improved its position from the "D-" level of 2016 to the "B" level of 2019 (in a D<A scale), a position in line with the sector average and higher than the European and World average that is “C”.

The positive result achieved acknowledges the efforts made by Maire Tecnimont in addressing the Sustainable Development Goal 13 – Climate Action and is mainly due to a strong sustainability governance structure that helps the Group to implement sustainability strategy across the business, manage goal-setting and reporting processes, strengthen relations with external stakeholders and ensure overall accountability, together with a consolidate risk management process that helps to quantify the financial impact of the risks and opportunities related to climate change.