Bombardier Recognized for Climate Change Transparency with CDP Leadership Position
Bombardier named sector leader within the “Industrials” category
October 9, 2013 /3BL Media/ - Bombardier announced today that it has achieved a position of leadership with regard to the quality of climate change data it submitted to the global marketplace through CDP, the world’s only global environmental disclosure system. The achievement is announced in the CDP Canada 200 Climate Change Report 2013, which tracks how Canada’s largest listed companies are acting in response to a changing climate.
Bombardier took part in CDP’s climate change program, designed to facilitate the management of greenhouse gas emissions and the risks and opportunities associated with climate change.
This annual index highlights the largest 200 companies listed on the Toronto Stock Exchange (Canada 200) that have displayed a strong approach to the disclosure of information regarding climate change. Companies are scored out of 100 on the completeness and standard of their submissions. Bombardier scored 93 and has achieved the position of “Industrials” leader in CDP’s Canada 200 Climate Disclosure Leadership Index (CDLI).
High scores indicate the provision of robust climate data and a good understanding of climate change related issues affecting the company. Through various channels, including Bloomberg terminals, these scores are communicated to investors and other decision makers to assess corporate preparedness for changing market demands and emissions regulation.
The CDLI comprises the organizations that achieved a score within the top 10% of the sample assessed. In 2013 the Canada 200 CDLI comprises 21 companies. The minimum score has risen year-on-year as corporate understanding of the need for climate transparency has increased. It now stands at 86.
"Our commitment to corporate social responsibility is an integral part of the competitive foundation of our enterprise strategy, helping us drive change and shape the evolution of mobility, responsibly. By transparently reporting our performance, risks and opportunities associated with climate change, our participation in the CDP and leadership position in the Canada 200 CDLI furthers this commitment," said Daniel Desjardins, Senior Vice President, General Counsel and Corporate Secretary, Bombardier Inc.
The Canada 200 report, including names of companies featured in the CDLI, can be found at www.cdp.net.
About Bombardier
Bombardier is the world’s only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.
Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indexes. In the fiscal year ended December 31, 2012, we posted revenues of $16.8 billion. News and information are available at bombardier.com or follow us on Twitter@Bombardier.
About CDP
CDP, formerly known as the Carbon Disclosure Project is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 722 institutional investors with assets of US$87 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDP now holds the largest collection globally of primary climate change, water and forest risk commodities information and puts these insights at the heart of strategic business, investment and policy decisions. Please visitwww.cdp.net or follow us @CDP to find out more.
For Information
Isabelle Rondeau
Director, Communications
Bombardier Inc.
+514 861 9481
Shirley Chénier
Senior Director, Investor Relations
Bombardier Inc.
+514 861 9481