CDP upgrades Fluidra’s climate change score to B-December 23, 2021
The Carbon Disclosure Project (CDP) has upgraded the company’s score from C in 2020.
This improvement reflects Fluidra’s commitment to sustainable practices.
Fluidra, the global leader in equipment and connected solutions in the pool and wellness sector, has obtained a score of B- from the CDP, thus improving its ESG rating.
Following the good results obtained from S&P, Sustainalytics, MSCI and Clarity AI, the company obtained a score of B- (Management level) in CDP’s 2021 Climate Change questionnaire. This is an improvement in comparison with the score obtained by Fluidra last year (C, Awareness level), thus hitting the target set for this year.
CDP rewarded Fluidra for its governance model on climate change matters with a score of A, in addition to its management of energy, its initiatives for reducing carbon emissions and its climate risk processes, areas in which it was awarded a score of B.
These results once again demonstrate Fluidra’s commitment to Climate Change issues, following the progress made in activities, products and solutions with a lower environmental impact that will protect future generations.
Thus, in the framework of its integrated ESG plan, namely, the Responsibility Blueprint for the 2020–2026 period in which, amongst other objectives, it sets out its commitment to become a carbon-neutral company in terms of Scopes 1 and 2 by 2027, and Scope 3 before 2050. Along these lines, Fluidra also anticipates that more than 80% of its sales will be classified as ESG friendly by 2035. Currently, more than half of them fulfill this standard.
CDP is an international not-for-profit charity that encourages businesses and governments to reduce their emissions by disclosing the environmental information related to their activities. Its analysis of the initiatives of thousands of businesses provides information to more than 500 institutional investors that manage over 100 billion dollars’ worth of assets.