Nivea parent company Beiersdorf gets ‘Triple A’ sustainability rating by CDP
Based on data collected by CDP on climate change, forest and water security for 2022 from more than 15,000 companies, Beiersdorf is one of twelve companies to receive a Triple A
Hamburg: The international non-profit organization CDP has recognized the sustainability efforts of Beiersdorf AG, the company that makes Nivea among other skin care products. The German multinational has been recognized for its leadership in setting targets, performance and transparency in the areas of climate change, forests and water security and has earned a spot on CDP’s prestigious “A-list” for all three dimensions.
“We have made great efforts worldwide in recent years to advance the transformation of our business. CDP’s Triple-A rating recognizes our efforts to become a leader in environmental sustainability in our industry, not only in terms of ambition, but also in terms of action and transparency,” said Vincent Warnery, CEO of Beiersdorf.
Based on data collected by CDP on climate change, forests and water security for 2022 from more than 15,000 companies, Beiersdorf is one of twelve companies to receive a Triple-A.
“We have set ourselves a very ambitious climate target: an absolute reduction of Scope 1, 2 and 3 emissions by 30% by 2025, and our Group’s climate targets are validated by the Science Based Target initiative. Since 2018 we have made great progress. Despite the company’s growth, we were able to reduce emissions in all areas by 12.7%,” says Jean-François Pascal, Vice President Corporate Sustainability at Beiersdorf.
Beiersdorf AG develops and markets skin care products and self-adhesive product solutions. The company owns international brands such as NIVEA, Eucerin, La Prairie and Hansaplast/Elastoplast.
The Hamburg-based company generated sales of 7,627 million euros and an operating result (EBIT) of 933 million euros in the 2021 financial year.
CDP is a global non-profit organization that operates the world’s environmental information system for businesses, cities, states and regions. Founded in 2000, CDP works with more than 680 financial institutions with over $130 trillion in assets. CDP pioneered the use of capital markets and corporate sourcing to motivate companies to disclose their environmental impact and reduce greenhouse gas emissions, conserve water resources, and protect forests.