EMC Receives Top Grade for Carbon Disclosure Leadership
Hopkinton, Mass - EMC Corporation (NYSE:EMC), the world leader in information infrastructure solutions, announced today it has been commended by the Carbon Disclosure Project (CDP), which represents 385 institutional investors with $57 trillion in assets under management, for its thorough and transparent climate change disclosure.
“We’re honored to be recognized by the CDP as the highest scoring technology, media and telecommunications company,” said Kathrin Winkler, EMC’s Senior Director, Corporate Sustainability. “At EMC, we recognize that for our business and for society to flourish we must consider the environmental impact of the business decisions we make, the products we produce and the services we offer our customers. We are committed to continually improving and communicating our environmental performance, and to delivering technologies and services that optimize business performance and reduce energy intensity for our customers.”
For the second consecutive year, EMC has been included in CDP’s “Carbon Disclosure Leadership Index.” This index, a key component of CDP’s annual Global 500 Report, highlights the constituent companies within the FTSE Global 500 Index which have displayed the most professional approach to corporate governance in respect of climate change disclosure practices.
The index, compiled by PricewaterhouseCoopers (PwC) on behalf of CDP, comprises 67 constituents of the Global 500 Index based on PwC’s analysis of the responses to CDP’s 2008 Questionnaire which focused on greenhouse gas emissions, emissions reduction targets and risks and opportunities associated with climate change.
The Carbon Disclosure Leadership Index, which provides an evaluation tool for institutional investors, is made up of the top 34 companies selected from non-carbon-intensive sectors (including the technology, media and telecommunications sector) and the top 33 companies selected from carbon-intensive sectors (such as electric utilities and diversified chemicals).
Paul Dickinson, Chief Executive of the Carbon Disclosure Project, said, “Good corporate governance in respect of climate change disclosure will inevitably reap its rewards. As carbon regulation increases, those companies that have implemented climate change related strategies are clearly going to be in a far better position to meet the challenge of higher carbon prices than companies that have procrastinated. Good disclosure practices are synonymous with good management.”
As a leading global technology company, EMC has aggressively driven sustainability initiatives to improve energy efficiency in its products and throughout the company; reduce greenhouse gas emissions; further education in the community and inclusion in the company; and help organizations around the globe preserve their information heritage. To view EMC’s sustainability brochure, please visit: http://www.emc.com/collateral/brochure/h4375-sustainability-bro.pdf.
The Global 500 Report including names of companies featured in the Carbon Disclosure Leadership Index can be found at www.cdproject.net.
EMC Corporation (NYSE: EMC) is the world’s leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC’s products and services can be found at www.EMC.com.
The Carbon Disclosure Project, founded in 2000, represents some 385 global institutional investors with more than $57 trillion in assets under management. As an independent not-for-profit organization, CDP collects key climate change data from more than 1550 major corporations around the globe and has assembled the largest corporate greenhouse gas emissions database in the world. CDP also works with multinational organizations to facilitate the collection of climate change relevant data from their supply chains.
CDP makes its requests for information and the corporate responses to such requests publicly available for the benefit of all interested parties including policymakers and their advisors. For more information regarding CDP please go to www.cdproject.net.
The Carbon Disclosure Project, a company limited by guarantee and registered in England (no. 05013650), is a Registered Charity (no. 1122330). CDP also enjoys 501(c)3 charitable status in the US as a special project of Rockefeller Philanthropy Advisors.
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