Tessy Plastics named on the ‘A List’

Manufacturer, Tessy Plastics, has been named on the ‘A List’ by global environmental impact and nonprofit organisation, CDP, for its climate disclosure in 2019.

This is the second year in a row that the company has made the ‘A List’.

Tessy was recognised as a result of its actions to cut emissions, mitigate climate risks and develop the low-carbon economy, based on the data submitted by the company through CDP’s 2019 climate change questionnaire. Thousands of companies were reportedly scored.  

The annual environmental disclosure and scoring process by CDP is widely recognised as the gold standard of corporate environmental transparency. In 2019, over 525 investors with over US$96 trillion in assets and 125 major purchasers with US$3.6 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform and over 8,400 responded.  

CDP assesses companies via a detailed and independent methodology where companies are allocated a score of A to D based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those that do not disclose or provide insufficient information are marked with an F. 

Joe Raffa, vice president and general manager, Tessy Plastics commented: “When looking back on our first CDP submission in 2010, it is amazing to see the progress that we have made over the past nine years. Now, we have received an ‘A’ rating for the second year in a row and I could not be more proud. Our Environment health and safety team has worked diligently in compiling the data to uphold our commitment to lowering emissions and preserving the environment. I look forward to continuing these sustainability efforts and hope that more companies contribute to the Carbon Disclosure Project in the future.”

Bruno Sarda, president of CDP North America, said: “Congratulations to Tessy for earning a spot on this year’s Climate 'A List' – they are a model for true corporate sustainability leadership. Climate change is an undeniable business risk if unaddressed and we must transition to a low-carbon economy now to avoid the worst impacts. 'A List' companies know sustainability presents an exciting race to the top, an opportunity to innovate and rethink business as usual, proving that environmental responsibility simply makes good business sense.” 

The Climate Change 'A List' is published by CDP each year, alongside the 'A Lists' for leadership on protecting forests and water security. The full list of companies that made this year’s CDP Climate Change ‘A List' are available along with other public company scores, here.