For the first time, a representative from the Brazilian industry has been featured in CDP’s “A List,” an international organization that evaluates the best business practices against climate change. Committed to economic development and sustainability, Braskem has achieved an unprecedented milestone for the Brazilian industry, and a positive benchmark in the fight against climate change by integrating CDP’s “A List,” which selects the world’s leading publicly traded companies regarding the management of greenhouse gas emissions. Prior to that, the presence of Brazilian companies in the rankings was unprecedented.
The inclusion in the list marks the recognition of an effective, long-term business strategy. In a previous study of the NGO, the petrochemical company had already been chosen as the most committed Brazilian company to the preservation of the environment, in a list of ten companies. According to Braskem’s annual report, avoided emissions accumulated by petrochemical company totaled 5.3 million metric tons of CO2 in the period 2008-2015. This amounts to planting 35 million trees.
Faced with the challenge of reducing the effects of global warming, Jorge Soto, Director of Sustainable Development at Braskem, notes that the Company is part of the solution – now and in the future. “Our materials and products, such as Green Plastic, help society reduce its emissions,” he said.
For even greater benefits to society and the environment, Soto mentions the importance of supplier chain engagement. The Company’s work led to the involvement of roughly 100 partners. “What we are doing is relevant, and I am sure that this acknowledgment is a legitimate consequence of the collective efforts of our teams, as well as the engagement of the supply chain,” he added.
Braskem’s executive was present at COP22 this month, in Morocco, to follow up the upcoming discussions of world leaders on global warming and present Braskem’s latest results in the area of sustainability.
About the assessment
CDP’s assessment on the control of polluting gas emission control by major global companies is among the most important and renowned in the world. Every year, the NGO collects data on climate change risks and opportunities from nearly 2,000 companies with operations on all continents. The CDP questionnaire evaluates, in notes A to D, questions such as “disclosure,” “awareness,” “management” and “leadership” of companies regarding gas emission and investments in actions to mitigate the level of pollutants released into the atmosphere .
“Through the reporting exercise, CDP proposes that companies follow a path towards environmental leadership, a stage in which they seek not only to reduce their impacts on the environment, but also commit to positive actions in light of major environmental challenges. The recognition of Braskem in the “A List” of the Climate Change Program places the Company in the select group of companies that stand out by their good practices in the corporate management of climate change,” said Juliana Lopes, Director of CDP Latin America.
According to CDP, “the “A list” is an opportunity for companies to be acknowledged among investors thanks to the performance of their environmental actions and management of risks imposed by global warming in all markets. Following the ratification of the Paris Agreement in 2015, with new targets against climate change, the organization encourages more companies and their members to lead a transition to a sustainable, low-carbon economy that can increase revenues, rather than reducing them.
Braskem is the largest manufacturer of thermoplastic resins in the Americas, with an annual output of over 20 million metric tons, including other basic chemical and petrochemical products, with an annual revenue of R$54 billion. With the aim of improving the lives of people, creating sustainable solutions in chemistry and plastics, Braskem is present in over 70 countries, with 8,000 members, and operates 40 industrial units located in Brazil, the United States, Germany, and Mexico – the latter in partnership with the Mexico-based company Idesa.