Superdry CDP Climate Change Grade: A-
Superdry discloses its leading approach to climate change through the annual CDP dislocure cycle - a global non-profit that runs the world’s leading environmental disclosure platform, holding one of the richest sources of information globally on how companies and governments are driving environmental change and supporting them to reduce their greenhouse gas emissions.
A record-breaking 13,000-plus companies representing over 64% of global market capitalisation disclosed through CDP — 35% more than last year, and over 141% more than when the Paris Agreement was signed in 2015. The rise in corporate disclosures is a response to requests for information from 590 investors with over $110trn in assets, and over 200 major purchasing organisations with over $4trn in buying power, according to CDP.
By completing CDP’s annual request for disclosure we're demonstrating the transparency and accountability vital to tracking progress toward a thriving, sustainable future. The data is used by investors to understand what we are doing to tackle environmental issues and provide information which they take into account when they decide which companies to support. This is becoming a key consideration for all investors as they put more resource into what is know as Environmental, Social and Governance (ESG) - the three central factors in meauring the sustainability and societal impact of an invesment in a company.
This year we have improved our score for a second year in a row to an 'A-' Grade, excelling in many areas including our Energy Management, Emissions Reductions, Governance, Risk Management Process and Business Impact and Financial Planning Assessment. This puts us in the Top 25% of companies in our sector, above the average.
Superdry has disclosed information about our climate change performance to investors since 2014 in order to provide transparency an ensure we reach a sustainable future.