Dimension Data commended for climate change disclosure

Published November 3rd, 2009 - 09:24 GMT

Dimension Data, the $4.5-billion specialist IT services and solutions provider, has been commended by the Carbon Disclosure Project (CDP), which represents 475 institutional investors with US$55 trillion in assets under management, for its approach to climate change disclosure.

For the second consecutive year, Dimension Data is featured in CDP’s Carbon Disclosure Leadership Index (CDLI). This index, a key component of CDP’s annual FTSE 350 Report, highlights the constituent companies within the FTSE 350 Index which have displayed the most professional approach to corporate governance in respect of climate change disclosure practices. Companies are scored on their climate change disclosure and high scores indicate good internal data management and understanding of climate change related issues affecting the company.
The CDLI, compiled by PricewaterhouseCoopers (PwC) on behalf of CDP, provides an evaluation tool for institutional investors. It comprises the top scoring 10% of companies in the FTSE 350 based on analysis of the responses to CDP’s 2009 questionnaire which focused on greenhouse gas emissions, emissions reduction targets and risks and opportunities associated with climate change.

Brett Dawson, CEO, Dimension Data said, “We’re extremely proud of being included in the CDLI for the second year in a row. Dimension Data’s strategic approach to climate change covers both risk and opportunities and has as its focus three pillars: Licence to Operate, Employee Engagement and Go to Market.  We are delighted with the recognition for the work we have undertaken to date, and will continue to ensure that our corporate governance in respect of climate change is transparent and one of continuous improvement.”

Paul Dickinson, Chief Executive of the Carbon Disclosure Project, commented, “Companies recognised in the Carbon Disclosure Leadership Index are rewarded for high quality responses to CDP, which demonstrate a good understanding of how climate change is and will continue to impact their business. Companies which control their risks today, manage their emissions and seize the opportunities to produce low carbon goods and services, will be the best placed to prosper in a low carbon economy of the future.”

The FTSE 350 Report including names of companies featured in the Carbon Disclosure Leadership Index can be found at www.cdproject.net

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