This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.

Search ITCM

Amadeus recognised as world leader for corporate action on climate change  

Amadeus, a leading technology partner for the global travel industry, has been included in the Climate Disclosure Project (CDP) Climate Performance Leadership Index 2014 for its actions to reduce carbon emissions and mitigate the business risks of climate change.

The index presents 187 listed companies identified as demonstrating a superior approach to climate change mitigation.  It has been produced at the request of 767 investors who represent more than a third of the world’s invested capital by CDP, the international NGO that drives sustainable economies.  

Information provided by nearly 2,000 listed companies has been independently assessed against CDP’s widely-respected scoring methodology and ranked accordingly.  Amadeus has been awarded an A grade for its climate performance, earning a position on this global ranking of corporate efforts to mitigate climate change.   

Tomas López Fernebrand, Senior Vice President, General Counsel & Corporate Secretary, Amadeus, says: “Amadeus acknowledges its responsibility towards industry sustainability. Our environmental strategy is based on three pillars: the optimisation of our operations, delivering environmentally efficient customer solutions and working in partnership with industry stakeholders towards common environmental objectives. We are delighted to receive this important recognition from CDP. This reinforces our strategy and encourages us to continue improving our contribution towards improved industry environmental performance.”  

Climate performance leaders of The A List index are investing to reduce their greenhouse gas emissions and collectively have dropped their total (absolute) emissions by 33 million metric tons in the past reporting year, whilst also achieving impressive financial results.  In this way, the leaders illustrate that a low carbon future does not mean low profit.      

CDP performance scores provide a tool for institutional investors and stakeholders to evaluate and track corporate efforts to mitigate climate change.  Scores are communicated to investors and other decision makers through various channels, including Bloomberg terminals, to help them assess corporate preparedness for changing market demands and emissions regulation.  

Paul Simpson, chief executive officer of CDP, comments: “Global greenhouse gas emissions continue to rise and we face steep financial risk if we do not mitigate them.  The business case for action to mitigate climate change has never been stronger or more urgent.  For this reason we congratulate those businesses that have achieved a position on The A List: The CDP Climate Performance Leadership Index.  These companies are responding to market demand for environmental accountability and at the same time are making progress towards the realization of sustainable economies.”

Submit to DiggSubmit to FacebookSubmit to Google PlusSubmit to StumbleuponSubmit to TwitterSubmit to LinkedIn