Corporate Social Responsibility Press Release
provided by 
10.08.2008 - 11:57am ET
News from:
Biogen Idec
Cadbury's Climate Change Commitment Recognised As Uk 'Best In Class'
(CSRwire) - October 8, 2008 - Cadbury has been recognised as "Best in Class"
in its approach to climate change in a report released today by the Carbon
Disclosure Project which is a survey of the UK's FTSE 350 on the issue of
climate change. This year, Cadbury is the only confectionery company
included in the leadership index.
The annual survey of the FTSE 350 largest corporations was commissioned by
a coalition of over 385 institutional investors representing more than $57
trillion in assets. The result is a Climate Disclosure Leadership Index
from the companies which responded. Within the retail and consumer sector,
the companies included showed distinction based on their reporting of
greenhouse gas emissions and an independent assessment of their climate
change strategies.
The Carbon Disclosure Project and Cadbury are also working together on the
Supply Chain Leadership Collaboration (SCLC), which brings together sector
leaders to measure and subsequently manage emissions through the supply
chain. Cadbury’s supply chain has been reporting greenhouse gas
emissions data, emissions reduction targets and climate change strategy
through the CDP’s unified system.
Cadbury has been at the forefront of the global food manufacturing sector
since the launch of its Purple Goes Green initiative in June 2007, which
committed to a 50% absolute reduction in carbon emissions by 2020, and
setting targets for packaging and water-use reduction.
Ian Walsh, Global Head of Environment, commented: "Sustainability is
increasingly at the heart of all of our business decisions, and this
survey confirms that climate change is now a boardroom, and not backroom,
issue."
Ends
1. Media Enquires
Alison Ward: Alison.ward@csplc.com 07969 227
632
2. About Cadbury
Cadbury is a leading confectionery company, with a heritage of creating
confectionery brands people love for nearly 200 years. Cadbury operates in
over 60 countries with some of the world's best loved brands, including
Trident, Dairy Milk, Halls and Bassett.
3. Background on Purple Goes Green
In June 2007, Cadbury announced its ground breaking environmental
strategy, Purple Goes Green, which aims to reduce Cadbury's environmental
footprint by cutting its energy use, reducing excess packaging and
managing its water use.
Targets: - 50% reduction of net absolute carbon emissions by
2020 – with a minimum of 30% from in-company actions
- 10% reduction in packaging used per tonne of product and 25% in the
more highly packaged seasonal and gifting items
- Use more environmentally sustainable forms of packaging - aim for 60%
biodegradable, with 100% of secondary packaging being recyclable
- All 'water scarce' sites to have water reduction programmes in
place
These targets were developed with advice from Forum for the
Future, the sustainable development charity.
4. Background on the Climate Disclosure Leadership Index
The Carbon Disclosure Project is a special project of Rockefeller
Philanthropy Advisors in New York. Full details on CDP, the CDP reports
and the responses from corporations can be found at www.cdproject.net
The FTSE 350 Report analyses the responses of the UK's 350 largest, listed
companies by market capitalisation, the FTSE 350. The FTSE 100 and the FTSE
250 companies, which together form the FTSE 350, were also analysed.
The index, compiled by PricewaterhouseCoopers (PwC) on behalf of
CDP, comprises 42 constituents of the FTSE 350 Index based on PwC's
analysis of the responses to CDP's 2008 Questionnaire which focused on
greenhouse gas emissions, emissions reduction targets and risks and
opportunities associated with climate change.
For more information please contact:
Alison Ward
Cadbury Plc
0044 7969 227 632
Natasha Jacobs
Blue Rubicon
0044 207 260 2700
www.biogenidec.com
News Categories:
Environment and CSR - General
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