verescence has been recognized for its leadership in corporate transparency and performance on climate change and water security by CDP, a global environmental non-profit organization, and secured a spot on the list CDP double “A” 2022. Verescence is one of 45 companies to achieve a double 'A', out of nearly 15 rated companies worldwide.
thomas riou, CEO of Verescence, said: “This double 'A' from CDP is a remarkable performance that reflects the commitment of our teams. This indicator is closely monitored by our clients, our investors and by our stakeholders in general. We are the only glass bottler to earn a double 'A' in 2022."
Verescence improved its CDP Climate Change score to 'A' in 2022. This result rewards the strategy implemented by Verescence to continuously improve its energy efficiency and reduce its carbon footprint, with ambitious CO2 emission reduction targets approved by the initiative Science Based Targets (SBTi).
Alain Thorre, Verescence's CSR Director, commented: “Verescence is determined to play an essential role in the fight against climate change. By 2034, we will have achieved our goal approved by the Science Based Targets initiative to reduce greenhouse gas emissions (scopes 1 and 2) by 40% compared to the base year 2019.”
An 'A' rating in CDP Water Security for the second year in a row
For the second year in a row, Verescence has earned a spot on CDP's water safety “A-List” for its rigorous management of water resources.
Verescence has made the reduction of its water footprint a strategic issue, with the aim of reaching the level of 'Dry Plant'; a plant where 100% of the water used for industrial processes is purified and reused by other processes on site. In 2021, Verescence reduced its water withdrawals per tonne of glass by 53% for the entire Group (vs. 2016).
Considered the gold standard in environmental reporting, CDP is an international non-profit charity that maintains one of the world's most comprehensive environmental databases and assesses how companies are acting to reduce their environmental impact in their value chains. CDP uses a detailed and independent methodology with ratings ranging from “A”, the highest, to “D-”, the lowest.
