CDP Questionnaire and the Carbon Disclosure Project: Fedrigoni’s first rating in 2024

In 2024, Fedrigoni took a significant step forward in its sustainability journey by participating for the first time in the CDP questionnaire as a public discloser. This milestone reflects the company’s dedication to transparency and responsible environmental management.

Fedrigoni received a B rating in the Climate, Forests, and Water Security categories, demonstrating its commitment to tackling climate change, managing water resources efficiently, and addressing deforestation risks.

What is CDP? Understanding the Carbon Disclosure Project

The CDP, Carbon Disclosure Project, is a globally recognized initiative that enables companies to disclose their environmental impact. Through a standardized framework, CDP allows businesses to report on greenhouse gas emissions, water security risks, and deforestation policies, helping them manage their sustainability strategies more effectively.

With over 18,000 companies worldwide participating, CDP sets the benchmark for environmental transparency, encouraging businesses to take concrete action toward a sustainable, net-zero future.

Fedrigoni’s first CDP Questionnaire: our 2024 results

For its first CDP questionnaire submission, Fedrigoni provided a detailed report on its climate initiatives, water resource management, and deforestation policies. This effort underscores the company’s proactive approach to ESG Global standards and sustainability performance.

Climate, forests, and water security: key areas of assessment

Fedrigoni’s B rating was based on its performance in three key areas:

  • Climate Change: Reporting on greenhouse gas emissions, energy consumption, and climate risk mitigation strategies.
  • Water Security: Disclosing water usage, efficiency measures, and risk management practices.
  • Forests: Outlining responsible sourcing policies, deforestation mitigation strategies, and sustainability in forest-risk commodities.

These results mark a strong foundation for continuous improvement in environmental responsibility.

Why external ESG Ratings matter: the role of the CDP Questionnaire

Being assessed through the CDP questionnaire reinforces Fedrigoni’s commitment to sustainability. External ESG ratings play a crucial role in:

  • Tracking progress and identifying areas for improvement.
  • Setting benchmarks for industry sustainability standards.
  • Attracting investors, brands, and environmentally conscious consumers.
  • Driving continuous improvement and encouraging higher levels of corporate responsibility.

Fedrigoni sees this as a starting point, pushing for greater sustainability achievements in the coming years.

Looking ahead: Fedrigoni’s commitment beyond the CDP, Carbon Disclosure Project

The 2024 CDP rating marks an important milestone, but Fedrigoni is committed to going further. The company aims to enhance its climate strategies, resource efficiency, and environmental transparency, ensuring continued leadership in sustainable business practices.

As Fedrigoni continues to evolve its CDP questionnaire submissions, it remains focused on higher sustainability standards and long-term environmental impact. Stay tuned for more updates on the company’s ongoing efforts to drive positive change.