MOL recognized by CDP as leader for Climate Change transparency
Mitsui O.S.K. Lines, Ltd. has been recognized as a leader for the depth and quality of carbon emissions and energy data it has disclosed to investors and the global marketplace through CDP global environmental disclosure system for independent assessment. MOL achieved a position in CDP's Japan 500 Climate Disclosure Leadership Index (CDLI). MOL has been recognized two consecutive years and total three times for CDLI, the company said in its press release.
Given the increasing demand for global environmental protection, MOL Group has been aware of the environmental impact of its business activities and regards the high level of transparency in the disclosure of climate change-related information as an important management issue. MOL has set an environmental activities policy to actively disclose environmental data in the midterm management plan "STEER FOR 2020".
From this point, as a responsible corporate citizen, MOL will continue its aggressive stance in terms of protecting the global environment.
CDP, formerly 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 forces, including 822 institutional investors with assets of US$95 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them.
CDLI highlights constituent companies within the large Japanese 500 companies including companies in the FTSE Japan Index. To be recognized as a CDLI company means, those organizations has been graded within the top 10% of responding companies. MOL has scored 100.
