GM Named a Leader in Climate Change Transparency
DETROIT, September 12, 2013 /3BL Media/ – General Motors achieved a leadership position for its climate change data submitted toCDP, the world’s only global environmental disclosure system. GM earned a score of 100/A-, ranking among the top 10 percent of companies reporting in the CDP Global 500 Climate Change Report 2013.
“Companies that score highly enough to be included in the Climate Disclosure Leadership Index are responding to the call for greater corporate climate accountability,” said Paul Simpson, chief executive officer of CDP, formerly known as the Carbon Disclosure Project. “They have demonstrated leading practices for the measurement of greenhouse gas emissions and energy use and transparency of their climate change strategy.”
The annual CDP’s Global 500 Climate Disclosure Leadership Index highlights companies listed on the FTSE Global Equity Index Series that display a strong approach to disclosing information on climate change. Companies are scored out of 100; high scores indicate robust climate data and a good understanding of climate change-related issues affecting the company.
Scores are communicated to investors and other decision makers to assess corporate preparedness for changing market demands and emissions regulation.
“These carbon reduction efforts with our vehicles and manufacturing facilities are good for our customers, good for the planet and good for our bottom line,” said Mike Robinson, GM vice president of Sustainability and Global Regulatory Affairs.
Worldwide, GM is dedicated to energy efficiency and is working toward a commitment to reduce energy and carbon intensity from its facilities 20 percent by 2020. The company is the No. 1 automotive user of solar power in the United States and received an EPA ENERGY STAR® Partner of the Year - Sustained Excellence award, the organization’s highest level of recognition for corporate energy management. GM also was the first automaker and industrial manufacturer to sign the Climate Declaration, a statement from Ceres and its Business for Innovative Climate & Energy Policy coalition.
Beyond building fuel-efficient vehicles, GM is investing up to $40 million in the Chevrolet Carbon Reduction Initiative, in which the brand helps financially in community-based carbon-reduction projects throughout the United States with a goal of reducing up to 8 million metric tons of CO2 emissions. For more information on GM’s environmental commitment, visit its sustainability report and environmental blog.
About General Motors Co.
General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.
