General Motors achieved a leadership position in the area of corporate climate accountability after submitting climate change data to CDP, the only global non-profit system for companies to measure, disclose, and share important environmental information.
The CDP’s Global 500 Climate Disclosure Leadership Index highlights companies that display strong disclosure of information on climate change. Organizations are scored on a scale of 100, with high scores indicating robust climate data and sufficient understanding of climate change-related issues that may affect the company. GM received a ranking of 100/A-, putting the automaker in the top ten percent of companies that contributed to the report.
“Companies that score highly enough to be included in the Climate Disclosure Leadership Index are responding to the call for greater corporate climate accountability,” said Paul Simpson, chief executive officer of CDP, formerly known as the Carbon Disclosure Project. “They have demonstrated leading practices for the measurement of greenhouse gas emissions and energy use and transparency of their climate change strategy.”
For its part, The General hopes to reduce energy and carbon intensity in its plants by 20 percent by the year 2020. The company is already the number one user of solar panels among automakers in the U.S., having received an EPA Energy Star Partner of The Year Sustained Excellence Award — the organization’s highest level of achievement for corporate energy management.
“These carbon reduction efforts with our vehicles and manufacturing facilities are good for our customers, good for the planet and good for our bottom line,” said Mike Robinson, GM vice president of Sustainability and Global Regulatory Affairs.
Apart from producing environmentally-friendly vehicles like the Chevrolet Volt, GM is investing up to $40 million in the Chevrolet Carbon Reduction Initiative by aiding financially to community-based carbon reduction projects throughout the U.S.