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24 Sep 13. Northrop Grumman Corporation has been recognized as a leader for the company’s actions to reduce carbon emissions, mitigate the risks of climate change and for the quality of its climate change data by CDP on two of its listings. The achievement was announced in the CDP S&P 500 Climate Change Report 2013, which tracks how America’s largest listed companies are acting in response to environmental sustainability. CDP, formerly known as the Carbon Disclosure Project, is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. This is Northrop Grumman’s second consecutive year on CDP’s Carbon Performance Leadership Index (CPLI), which this year highlighted 36 companies listed on the Standard & Poor’s 500 index. Inclusion in the CPLI reflects achievement of a minimum absolute greenhouse gas (GHG) emission reduction and third-party verification of their GHG inventory. Northrop Grumman reduced absolute emissions four percent from the previous year and received “reasonable assurance” for its GHG emissions inventory and data management processes for performance years 2010-2012. For the first time, Northrop Grumman achieved a position in CDP’s S&P 500 Climate Disclosure Leadership Index (CDLI) for evidence of a strong approach to disclosure of corporate strategy, governance and GHG emissions inventory. Out of a possible 100, Northrop Grumman received a disclosure score of 99, placing it among the top one percent of participating companies, and highest among industry peers. The CDLI is comprised of companies that demonstrate strong actions to reduce GHG emissions as well as mitigation and governance strategies to allay the risks and act on opportunities related to climate change impacts to business operations.
25 Sep 13. Boeing has been named one of the world’s leading companies in taking actions to improve environmental performance and reporting climate-change strategy by the CDP, formally known as the Carbon Disclosure Project. Boeing is one of 53 companies on the 2013 list of CDP’s Standard & Poor’s 500 Climate Disclosure Leadership Index. This is the fourth time Boeing has been named to this list by the international, non-profit environmental organization. Earlier this year, Boeing announced it surpassed its first set of environmental targets – reducing its carbon dioxide emissions by 9 percent, energy consumption by 3 percent, hazardous-waste generation by 18 percent and water intake by 2 percent, from 2007 to 2012. During this same time, Boeing increased production by 50 percent. With tremendous growth on the horizon, Boeing has also set new environmental targets, including carbon-neutral growth over the next five years. The CDP leadership index, which is compiled by PwC, highlights companies that have displayed a comprehensive strategy and performance regarding climate change. Companies are scored out of 100 on the completeness and quality of their submissions, and only those with a score in the top 10 percent are included. High scores in the leadership index indicate the provision of robust greenhouse gas accounting, footprint reduction, and a good understanding of issues related to climate change affecting the company.