Galp remains amongst the global leaders in corporate sustainability according to CDP’s 2018 scoring which distinguished the Company for its water management actions and information provided on climate risks and low carbon opportunities.
The Company is one of 42 companies worldwide included on leadership rankings for taking action in both water security and climate change, being the only one within the Oil & Gas sector to achieve an A or A- score in both categories.
Over 7,000 global companies submitted its answers to CDP’s climate change, water, forests and supply chain questionnaire in 2018, which has been produced at the request of over 650 investors with assets of $87 trillion.
This prestigious achievement is the recognition of Galp’s commitment to continuously improve the performance of its operations through a more efficient and sustainable use of natural resources, while ensuring the compliance with environmental, safety and corporate governance best practices.
CDP is an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of $87 trillion, CDP leverages investor and buyer power to motivate companies to disclose and manage their environmental impacts.
Over 7,000 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2018. This is in addition to the over 750 cities, states and regions who disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change.