December 23, 2022

Webuild: upgrade of Group's CDP’s rating in Climate Change Programme to "A-", placing Webuild in the leadership section

PRESS NOTES

New recognition of international standing for the group's commitment to law enforcement actions on a global scale

 

  • CDP (formerly Carbon Disclosure Project) recognized the Group's leadership in mitigating climate change risks

  • Webuild received an “A-” rating, placing itself in the “Leadership” area

  • Rating above European regional average and above average in the construction sector

 

Milan, December 23, 2022 – Webuild Group's rating in CDP's Climate Change 2022 Programme (formerly the Carbon Disclosure Project) grows to "A-," in "Leadership" section. Webuild's ranking emerges compared to that of some 15,000 companies assessed on a global scale by CDP and is further recognition of the Group's leadership in mitigating climate change risks. Webuild ranks among the 23 percent of assessed companies that received Leadership level in the relevant industry. The "A-" rating is also higher than the regional average (equal to "B") and the average for the construction sector (equal to "C").

CDP (formerly Carbon Disclosure Project) is an international non-profit organization that annually assesses companies involved in the survey, on behalf of over 680 investors who represent assets for over 130,000 billion 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. 

Webuild, for a few years already, accelerated its commitment to fighting climate change. Last year it launched the ESG Plan 2021-2023, focusing on three strategic themes (Green, Safety & Inclusion, Innovation) that identifies clear medium- and long-term goals including reducing greenhouse gas emissions, including by accelerating investment in innovative projects with high potential in terms of sustainability. In the area of Climate Change, 2022 Webuild's targets for 2030 emission reduction were also validated by Science Based Targets initiative (SBTi).

Webuild's commitment in the sector has already received international accolades, winning important, stable or growing positionings in the sustainability ratings issued by VigeoEiris (Advanced rating), ISS-Oekom (Prime rating) and EcoVadis. In 2021, Webuild also won an "A" rating from MSCI (Morgan Stanley Capital International) ESG Research, especially thanks to the consolidation of the Company's governance and its attention to its Board's independence and diversity.  

 

Webuild: upgrade of Group's CDP’s rating in Climate Change Programme to "A-", placing Webuild in the leadership section

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