Carbon Disclosure Project
Galenica completed the CDP questionnaire again in 2016. CDP is an international, non-profit organisation providing the largest and sole global environmental database for companies and cities.
The aim of CDP is to encourage as many companies as possible to publish data about their impact on the environment and natural resources. In 2016, this information was collected on behalf of 827 institutional investors, who together represent more than USD 100 trillion in assets. The questionnaire completed by Galenica can be viewed on the CDP website.
In 2016, the CDP scoring methodology was amended. Whereas previously the scoring was divided into a Climate Disclosure Score and Climate Performance Band, only a Level of Engagement Score (A–D) is now given. Companies are assessed on the basis of four levels (leadership, management, awareness, disclosure) which demonstrate their progress towards environmental stewardship.
- Leadership (A): The company’s practices can be regarded as best practice.
- Management (B): The company has a good environmental management system in place.
- Awareness (C): The company understands how environmental issues influence its business model.
- Disclosure (D): The company answers all questions and provides relevant information.
the Galenica Group obtained a Level of Engagement Score of C, thus corresponding to the same performance as in 2015 (D 90).