Carbon Disclosure Project: SUEZ Honored for its Disclosure on Climate Change
October 05 2007 - 5:19AM
PR Newswire (US)
PARIS, October 5 /PRNewswire-FirstCall/ -- SUEZ has been recognized
among the top companies worldwide for its approach to climate
change disclosure by the Carbon Disclosure Project. The Carbon
Disclosure Project (CDP) gathers more than 315 global institutional
investors with a combined $41 trillion of assets under management.
The CDP report is based on a survey of the responses of Financial
Times 500 corporations on the issue of climate change. SUEZ was
included in the Climate Disclosure Leadership index, a prestigious
honor roll for global corporations addressing the challenges of
climate change. The CDLI is produced by report writers Innovest. It
comprises 68 FT500 companies that show distinction in their
responses to the CDP survey. "We are convinced that climate change
is a major challenge for humanity in the coming decades," said
Gerard Mestrallet, CEO of SUEZ. "The Group's strategy is based on
diversifying power production to include nuclear, coal, gas,
hydraulic, wind turbine, biomass, etc., and promoting the rational
use of energy. Thus, it is entirely possible to address climate
change issues without jeopardizing our profitability." According to
CDP Chief Executive Paul Dickinson, "SUEZ has set itself apart from
its peers by disclosing the information required by investors to
judge its readiness for the challenges and opportunities posed by
climate change." The Carbon Disclosure Project is a special project
of the Rockefeller Philanthropy Advisors in New York. The group of
investors is not a legal entity and the Carbon Disclosure Project
has no authority to make any other statement on behalf of the
participants. Full details on CDP, the CDP reports and the
responses from corporations can be found at
http://www.cdproject.net/. The dCDP5 report was written by Innovest
Strategic Value Advisors http://www.innovestgroup.com/ An
international industrial and services Group, SUEZ designs
sustainable and innovative solutions for the management of public
utility services as a partner of public authorities, businesses and
individuals. The Group aims to meet essential needs in electricity,
natural gas, energy services, water and waste management. SUEZ is
listed on the Brussels, Luxembourg, Paris, and Zurich stock
exchanges and is represented in the major international indices:
CAC 40, BEL 20, DJ STOXX 50, DJ EURO STOXX 50, Euronext 100, FTSE
Eurotop 100, MSCI Europe and ASPI Eurozone. The Group employs
140,000 people worldwide and recorded revenues of EUR 44.3 billion
in 2006, 89% of which was generated in Europe and North America.
Press Contacts : +33-331-4006-6651 / 6668 CDP Contact : This press
release is also available on the internet: http://www.suez.com/
DATASOURCE: SUEZ CONTACT: Press Contacts : +33-331-4006-6651 /
6668, CDP Contact :
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