Ericsson Recognised as a Pioneer in Climate Efforts and Reporting

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by KnowESG,

Ericsson

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The independent non-profit CDP (formerly known as the Carbon Disclosure Project) has recognised Ericsson's global leadership in climate performance and reporting by including it in its annual "A List"—the highest ranking possible.

CDP's yearly climate disclosure and score system is the gold standard for company reporting. Based on responses to the CDP's 2022 Climate Change questionnaire, Ericsson is one of more than 283 companies out of more than 20,000 to receive an A rating.

“At Ericsson, we take our role in climate action seriously, and you can’t manage what you don’t measure,” Heather Johnson, Head of Sustainability and Corporate Responsibility, Ericsson, says. “That’s why it means so much to colleagues across the company to see our commitment to climate action recognised on the CDP A List this year. This recognition is a testament to our continued progress toward ambitious and science-based climate targets.”

CDP uses a detailed and independent method to evaluate companies. Scores are based on how much information is shared, how aware and managed the company is of climate risks and opportunities, and how well the company follows best practices for climate leadership, like setting ambitious and meaningful goals.

Johnson adds: “Today more than ever, companies have a crucial role to play in limiting climate change to 1.5°C. That’s why Ericsson will continue to join forces with our customers, suppliers, and the entire ICT ecosystem to manage our climate impacts and develop sustainable solutions that can help take effective climate action.”

Maxfield Weiss, Executive Director, CDP Europe, says: “CDP saw nearly 20,000 companies disclose environmental data this year. The CDP A List companies are showing they are ahead of the game, taking clear action to reduce emissions and address environmental impacts throughout their value chains. This is the type of environmental transparency and action we need economy-wide to prevent ecological collapse.’’

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Source: Ericsson

Click here to view the complete list of companies that made this year’s CDP A List.

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