ST. PAUL, Minn.--(BUSINESS WIRE)-- Ecolab Inc. has been named to the 2011 Carbon Disclosure Project (CDP) Performance Leadership Index, which recognizes companies for their efforts to mitigate climate change. One of 11 companies named to the index, Ecolab received a "Band A" rating for having a fully integrated climate change strategy that drives significant maturity in climate change initiatives.
Ecolab was also named to the CDP Carbon Disclosure Leadership Index (CDLI) for the second consecutive year. The CDLI highlights companies that have demonstrated commitment to strategy, governance, stakeholder communications and transparency in their reporting practices. Ecolab received a score of 91 out of 100, placing it in the highest scoring range.
"We are honored to be recognized again for our focus on sustainable operations and solutions for our customers," said Douglas M. Baker, Jr., Ecolab's chairman of the board, president and chief executive officer. "Sustainability is a core part of our purpose — to make the world cleaner, safer and healthier, everywhere it matters. Our CDP reporting practices and overall performance towards our goals demonstrate our commitment to sustainability."
The 2011 CDP S&P 500 Report contains the results of the CDP analysis based on responses collected by PricewaterhouseCoopers. Companies provided corporate emissions reduction targets and energy use from its operations and facilities, information on the risks and opportunities, and management involvement for strategies that address climate change. The report is used by institutional investors and the broader market to assess how companies are managing climate change issues.
Ecolab has made continued progress in its sustainability goals, implementing sustainability leadership initiatives, including additional sustainability metrics in the new product development process, operational improvements, and increased fleet efficiency. These focus areas have contributed to further reductions in the greenhouse gas (GHG) footprint for the company and its customers.
Paul Simpson, chief executive officer of the Carbon Disclosure Project commented, "Ecolab has demonstrated good internal data management practices for understanding greenhouse gas emissions and a commitment to managing its GHG emissions. They have a strong awareness of the business issues related to climate change including climate-related risks and opportunities. Those organizations that give clear consideration to measuring and reporting on climate change issues and implementing actions to meet their goals will be best placed to capitalize on the opportunities from managing them."
The S&P 500 report including names of companies featured in the Carbon Disclosure Leadership Index can be found at www.cdproject.net.
With sales of $6 billion and more than 26,000 associates, Ecolab Inc. (NYSE: ECL) is the global leader in cleaning, sanitizing, food safety and infection prevention products and services. Ecolab delivers comprehensive programs and services to foodservice, food and beverage processing, healthcare, and hospitality markets in more than 160 countries. More news and information is available at www.ecolab.com
The Carbon Disclosure Project (CDP) is an independent not-for-profit organization holding the largest database of primary corporate climate change and water information in the world. Some 3,000 organizations across the world's largest economies now measure and disclose their greenhouse gas emissions and assessment of climate change risk and opportunity through CDP, in order that they can set reduction targets and make performance improvements. This data is gathered on behalf of 551 institutional investors, holding US $71 trillion in assets. For more information visit www.cdproject.net.
Dan Hare, 651-225-3252