February 12, 2024
Webuild confirmed Sustainability Leader. Confirmed “A-” rating in CDP's 2023 Climate Change Programme
Acknowledged Group's commitment in global fight against climate change
Higher rating compared to regional European average and global construction sector, which is a "B"
Group confirms environmental leadership that is increasingly more significant in stakeholders' and investors' ratings
Milan, February 12, 2024 – Global leader in the fight against climate change, with a higher rating compared to the average European and sector rating: The "A-" rating, in fact, was confirmed to Webuild by the Climate Change Programme 2023 of CDP (ex-Carbon Disclosure Project). The programme aims at measuring the environmental impact and corporate transparency to create an ever more globally sustainable economy.
Webuild's positioning stands out compared to that of more than 21,000 companies that participated in the Climate Change 2023 Programme assessed by CDP, confirming Webuild's commitment in environmental programmes, which for many years already has been made tangible in long-term strategic programmes, integrated in the Group's development strategies. This approach is concomitant to the significant contribution to reaching the sustainable development goals in the territories where the Group works. The rating was awarded at the end of a rating process of the ESG policies and performances. It in fact is a tool for analysing used by the Group's stakeholders, which offers summary performance-related information, both independent and comparable, and of the levels reached by Webuild in non-financial areas.
CDP (formerly Carbon Disclosure Project) is an international non-profit organization that annually assesses companies involved in the survey, on behalf of more than 740 investors who represent assets for over 136 trillion dollars. The formulated assessment considers corporate commitment in identifying and managing risks connected to climate change, and in meeting the challenges brought about by this very change, while also setting ambitious and challenging goals.
The Webuild Group has already obtained numerous international acknowledgements over time for its ESG commitment and efforts. The Group is part of the MIB® ESG Index of Borsa Italiana (the Italian Stock Exchange) and is among the top players of the sector with regard to ESG rating assessments issued by independent organisations, like ISS-ESG (B- Prime level), Moody’s ESG – ex Vigeo Eiris (Advanced level), MSCI ESG Ratings (AA leader).