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November

Abengoa recognized as CDP leader for its transparency in climate change management

November 26, 2013

  • The report includes the 125 largest listed companies in Spain and Portugal (Iberia) that have demonstrated a committed strategy to disclosing climate change information.

November 26, 2013. Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has been recognized for the second consecutive year in the Climate Disclosure Leadership Index (CDLI) and the Climate Performance Leadership Index (CPLI). The indices are part of the CDP 2013 Climate Change Iberia 125 Report, which analyses the actions of the 125 largest listed companies in Spain and Portugal (Iberia) in relation to climate change.

Abengoa obtained a score of 95 points for its transparency (Climate Disclosure Leadership Index Iberia 125, CDLI) and an “A” rating for its performance (Climate Performance Leadership Index Iberia 125, CPLI) in the CDP Iberia 125 Report for 2013. The CDLI comprises the top 10% of organizations with the highest scores among the analyzed sample and includes 14 companies, of which nine are Spanish. The CPLI comprises six companies, four of which are Spanish, which have achieved an “A” rating for their performance. The scoring methodology is the same for all companies around the world.

This recognition highlights Abengoa’s unwavering commitment to sustainable development and its work to combat climate change. The CDP Index 125, prepared by PwC on behalf of CDP, its strategic global partner for the index, identifies those listed companies that have demonstrated a committed strategy to disclosing their climate change information and reducing their impact on the environment.

Abengoa once again participated in the CDP climate change program, designed to help manage greenhouse gas emissions and the risks and opportunities associated with climate change, at the request of 722 investors that hold combined assets worth $87 trillion. Six years ago Abengoa implemented various mechanisms to ensure that all of its projects and processes comply with strict sustainability criteria through continuous improvement and innovation.

The information that companies send to CDP is assessed in terms of transparency, which is scored out of 100, and in terms of performance, rated from A to E, with A being the highest score. A high score means that the information provided by the company about its emissions management is complete and relevant and includes the climate change issues that affect it.

The complete CDP Iberia 125 report is available from the website www.cdp.net.

About Abengoa

Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB) applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water. (www.abengoa.com)

About CDP

CDP, formerly known as the Carbon Disclosure Project, is an international not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market agents, including 722 institutional investors holding 87 trillion in assets, in order to encourage companies to disclose their impact on the environment and natural resources and to take measures to reduce this. CDP manages the largest collection globally of information about climate change, water and forest-risk and puts this information at the heart of business strategy, investment and policy decision making. For more information please visit www.cdp.net or follow us at @CDP.

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