Carrefour Ranked as the Leading French Retailer for Its CSR Commitments in Both the Dow Jones Sustainability Index (DJSI) World and the Carbon Disclosure Project (CDP)

For the fourth year in a row, the Carrefour Group (Paris:CA) is among the top five leading global retailers in the DJSI. The DJSI is a leading family of indices which assess the results of the CSR policies implemented by more than 3,500 companies throughout the world. Carrefour has also been awarded a score of A- in the CDP's Climate program, a B in its Forests program and an A- in its Water program, confirming the leading role it is playing in tackling climate change, fighting deforestation and protecting the planet's water resources.

Launched in 1999, the DJSI is a leading family of indices used to assess companies' non-financial performance. It is based on an in-depth assessment of the environmental, social and governance factors (ESG) that are the most important from a financial perspective. Only the best-performing companies in terms of sustainability are selected for inclusion in the DJSI World and Europe indices. Carrefour's inclusion in the DJSI is recognition of its exemplary corporate social responsibility practices and of its aim of becoming the leader in the food transition for all. Indeed, the Group's score was 4 points better in 2020, increasing from 73 to 77/100 at a time when the DJSI's assessment methodology is becoming increasingly demanding. This improvement is evidence of the Group’s leadership role in customer relations, climate change and responsible management of its supplies and operations.

The Carbon Disclosure Project is an international non-profit organisation, an online platform that enables companies and cities to disclose data about their environmental impact. A is the best score, and more than 9,500 companies disclosed their data in 2020.

This ranking is recognition of the main results and commitments for 2020:

Carrefour was awarded an A- in recognition of its drive to cut its greenhouse gas emissions in 2020, confirming its exemplary role in tackling climate change. 

Furthermore, the retailer has raised its targets to cut its greenhouse gas emissions, approved by the Science Based Targets initiative.

 

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Source: https://finance.yahoo.com/news/carrefour-ranked-leading-french-retailer-134700771.html

 

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