RECOGNISED WITHIN CLIMATE CHANGE, FORESTS AND WATER
Borregaard has been recognised for leadership in corporate transparency and performance on climate change, forests and water security by global environmental non-profit CDP, securing a place on its annual ‘A List’
Based on data reported through CDP’s 2022 Climate Change and Forests questionnaires, Borregaard is one of a small number of companies that achieved a double ‘A’ - out of nearly 15,000 companies scored.
Two A’s and an A-
Borregaard is recognised for its actions to cut emissions, mitigate climate risks and develop the low-carbon economy. We received an A for tackling climate change. 18,700 companies reported on climate change in 2022, of which 283 companies (1,5 %) made this year's climate change A List. The company also received an A for deforestation (timber). In addition, Borregaard scored an A- for water security. With these results we are among the highest scored companies on CDP’s list.
Sustainability is a key component of Borregaard’s business model and one of our three core values. We offer green products with good climate and environmental properties that replace oil-based products. This is Borregaard’s fifth year on CDP’s ‘A List’.
“Sustainability is a top priority throughout Borregaard’s value chain, and significant sums are invested in this area. Both the way we run our company and the products we are producing are sustainable and meet global needs,» says President and CEO Per A. Sørlie.
Gold standard
CDP’s annual environmental disclosure and scoring process is widely recognised as the gold standard of corporate environmental transparency. A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.
As a double A List company, we are leaders in corporate transparency and action on climate change and deforestation.
