Toyota Motor Corp. and BMW have earned “A” Grades from the Carbon Disclosure Project, a non-profit organization based in the United Kingdom, which tracks corporate efforts to reduce climate change.
Both BMW and Toyota also received A-Grades from CDP for limiting water pollution. Five other global automakers, Fiat Chrysler Automobiles N.V., Ford Motor Co., General Motors Co., Nissan and Volkswagen AG received A grades for curbing water pollution as the made the CDP list for 2017.
Toyota and BMW also received double A grades in 2016.
CDP was established in 2000 to promote sustainable societies and cultures across the industrial world. The organization currently represents more than 800 investors with assets of approximately $100 trillion and conducts a survey and evaluation of leading companies around the world each year.
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Toyota announced “Toyota Environmental Challenge 2050” in October 2010 and Toyota has been aiming to “achieve Zero” with the challenges such as “New Vehicle Zero CO2 Emissions,” “Life Cycle Zero CO2 Emissions,” “Plant Zero CO2 Emissions.”
In addition, Toyota also it has made it a goal to use it philosophy of “continuous improvement” to make positive impact on society and the challenge of “Minimizing and Optimizing Water Usage.”
“We believe that CDP’s evaluation reflects the achievement of Toyota’s environmental initiatives, resulting in attaining the A List ranking for consecutive years. In order to realize our challenges, cooperation from various stakeholders is indispensable. We are committed to strengthen our activities in further cooperation with them, Toyota said.
The BMW Group noted in a statement that the CDP Climate Score “is widely recognized among experts and reflects the highest degree of transparency in connection with implemented climate-protection measures.”
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The measures include objectives and emissions reductions, as well as verification of reported data. The listing recognizes the credibility and, above all, the effectiveness, of the measures introduced by the company in response to or to combat climate change, BMW added.
“The BMW Group is delighted with its strong performance in the CDP rating. Climate protection remains a central theme of our sustainability strategy. It is especially important for a premium automobile manufacturer to strive for continuous progress in emissions from its products and production systems,” said Ursula Mathar, head of Sustainability and Environmental Protection at the BMW Group:
In 2001, the BMW Group, as a matter of corporate policy, committed itself to the United Nations Environment Program, the UN Global Compact and the Cleaner Production Declaration.
It was also the first company in the automotive industry to appoint an environmental officer back in 1973. Today, the Sustainability Board, comprising all members of the Board of Management, defines the strategic alignment through binding targets.
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“Continuous development of this sustainability strategy is an important element,” the company.