EMC Commended for Its Carbon Disclosure
HOPKINTON, Mass., Sept. 23 /PRNewswire/ — EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, announced today it has been commended for the fourth consecutive year by the Carbon Disclosure Project (CDP) for its thorough and transparent climate change disclosure. The Carbon Disclosure Project represents 534 institutional investors with $64 trillion in assets under management.
“We are honored to be recognized again by the CDP for our disclosure and the ongoing contributions our employees around the globe have made toward this initiative,” said Kathrin Winkler, EMC’s Chief Sustainability Officer. “We continually strive to make decisions and operate our business in a sustainable way by not only measuring and reducing our carbon footprint, but exploring how our industry-leading technologies can further enable an information-rich, low-carbon economy.”
The CDP’s “Carbon Disclosure Leadership Index,” a key component of CDP’s annual S&P 500 Report, highlights the constituent companies within the S&P 500 Index that have displayed the most professional approach to corporate governance in respect of climate change disclosure practices. Companies are scored on their climate change disclosure, and high scores indicate good internal data management and understanding of climate change related issues affecting the company.
The index, compiled by PricewaterhouseCoopers (PwC) on behalf of CDP provides an evaluation tool for institutional investors. In 2010, it comprises 53 constituents of the S&P 500 Index based on analysis of the responses to CDP’s 2010 questionnaire which focused on greenhouse gas emissions, emissions reduction targets and risks and opportunities associated with climate change.
“The Carbon Disclosure Leadership Index recognizes companies that demonstrate good internal data management practices for understanding greenhouse gas emissions, including energy use,” said Paul Dickinson, Chief Executive of the Carbon Disclosure Project. “EMC and the other companies on this index have also demonstrated clear consideration of how climate change is and will impact their business. As companies’ understanding of climate change issues grows, they are better placed to take positive action to manage and mitigate its risks.”
As a leading global technology company, EMC has aggressively driven sustainability initiatives to improve energy efficiency in its products and throughout the company; reduce greenhouse gas emissions; further education in the community and inclusion in the company; and help organizations around the globe preserve their information heritage. For more in-depth information on EMC’s sustainability initiatives, please view the company’s Sustainability Report.
The S&P 500 Report including names of companies featured in the Carbon Disclosure Leadership Index can be found at www.cdproject.net.
EMC Corporation (NYSE: EMC) is the world’s leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC’s products and services can be found at www.EMC.com.
The Carbon Disclosure Project (CDP) is an independent not-for-profit organization holding the largest database of primary corporate climate change information in the world. Thousands of organizations across the world’s largest economies now measure and disclose their greenhouse gas emissions and climate change strategies through CDP, in order that they can set reduction targets and make performance improvements. This data is gathered on behalf of 534 institutional investors, with combined assets under management in excess of $64 trillion, as well as purchasing organizations and government bodies and made available for integration into business and policy decision making. For more information, visit www.cdproject.net.
EMC is a registered trademark of EMC Corporation.
SOURCE EMC Corporation