DISCLOSURE INSIGHT ACTION (CDP)
CDP CLIMATE RATING
In 2023, Kongsberg Automotive (KA) has participated in the international organization CDP’s climate rating project, for the seventh time. Every year, CDP analyzes several thousand companies worldwide regarding their strategic approach to the challenges of climate change and rates their climate management activities based on a comprehensive list of criteria.
KA was awarded with a B- (“Management”) in the Climate Change 2023 rating, confirming that the company is taking coordinated actions on climate issues. CDP awards company ratings from A (“Leadership”) to D (“Disclosure”).
By taking part in the CDP rating, KA aims to further develop its energy and CO2 reporting based on recognized standards. At the same time, the company is responding to calls from customers and investors for greater transparency and comparability in its reporting on CO2 emissions and is also demonstrating its progress in climate management.
ABOUT CDP
CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. The world’s economy looks to CDP as the gold standard of environmental reporting with the richest and most comprehensive dataset on corporate and city action.