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    Breaking News

    Beauty & Home Care Firms Make CDP’s A List

    L’Oréal, Kao and others lauded for environmental transparency and performance.

    Beauty & Home Care Firms Make CDP’s A List
    Happi Staff02.04.20
    Leading players in personal care, home care and beauty, such as L’Oréal, Kao, LG, Unilever and Johnson & Johnson, as well select industry suppliers, have been named to CDP Global’s “A List” of companies leading on environmental transparency and performance.

    Out of more than 8,000 companies that were scored this past year, just the top 2% made the A List, according to CDP,  an international non-profit organization that runs a global environmental disclosure system and grades companies for this annual ranking.

    “A List” companies are considered leaders because of their transparent and comprehensive disclosure of climate data, thorough awareness of climate risks, demonstration of strong governance and management of those risks, and demonstration of market-leading best practices, according to CDP. Examples of best practice could include setting science-based targets, shifting to renewable energy, investing in low-carbon product innovation, using internal carbon pricing or incentivizing suppliers to reduce their emissions. Using what it calls a “comprehensive, independent and transparent methodology,” CDP scores thousands of companies from A to D- on an annual basis. Those that don’t disclose or provide insufficient information are marked with an F by CDP. 

    In addition to L’Oréal, Kao, LG, Unilever and Johnson & Johnson, Firmenich, Symrise, Givaudan, Bayer, Lanxess, CVS Health and Walmart were named to the “A” list.

    Walmart earned its spot for engaging with its suppliers to cut their emissions through its flagship Project Gigaton, which aims to avoid one billion metric tons of greenhouse gas emissions from its value chain by 2030.

    “CDP’s A List showcases companies that model true corporate sustainability leadership and are forging forward to become environmentally and financially sound companies. I’m proud to see leading North American companies reflected in this year’s list. While climate change is already upon us, these companies know sustainability presents an exciting race to the top, an opportunity to innovate and rethink business as usual. Companies  across the U.S. and Canada  are proving again and again that environmental responsibility is not just good for society—it simply makes good business sense,” said Bruno Sarda, president of CDP North America.

    In addition to those who made the “A” list, Ecolab and BASF earned A grades from CPD for water security.

    The full list of companies can be found here: https://www.cdp.net/en/companies/companies-scores 

    Happi's International Top 30 
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