Leonardo DRS Inc.

12/07/2021 | Press release | Distributed by Public on 12/07/2021 03:25

Leonardo confirmed on “Climate A List” by the international organisation CDP

  • The company, for the second year in a row, is confirmed at the top of CDP's (formerly the Carbon Disclosure Project) assessment and this is evidence of Leonardo's commitment to tackling climate change
  • Alessandro Profumo: "Being confirmed on the 'A List' rewards Leonardo's strategy in fighting against climate change by managing possible risks and seizing the opportunities offered by the most advanced technologies"

Leonardo is confirmed, for the second year in a row, on the "Climate A List 2021" of the non-profit international organisation CDP (formerly the Carbon Disclosure Project). The list includes world leading companies - out of 13,000-plus companies analysed - in the fight against climate change. The list is rated on disclosure of impacts, risks, and opportunities that are linked to the environment, and requested by more than 590 investors, which represent over 110 trillion USD in assets under management.

The company's inclusion in the top ranking of the evaluation recognises Leonardo's commitment and its actions implemented to emission reduction, the mitigation of risks linked to climate change, and the transition to a low carbon economy. Particular attention was paid to the company's research and implementation of innovative solutions, including its advanced materials, the development of hybrid electric propulsion technologies, and traffic control systems for more sustainable air mobility, to solutions for satellite Earth observation and monitoring and the virtualization of products and services.

In addition, Leonardo has launched initiatives to reduce emissions deriving from industrial processes and related costs. This includes the use of electricity from renewable sources (100% in Italy and the United Kingdom), the study of a program to increase the energy self-production from renewable sources, tests related to the replacement of the SF6 greenhouse gas, the extension of LED lighting, and the upgrade of building eco-efficiency. Leonardo has set the goal of reducing CO2 emissions (scope 1 and 2) by 40% by 2030.

"The confirmation in the 'A List' testifies to Leonardo's concrete commitment to reducing emissions and mitigating climate change risks. Ours is an environmentally conscious strategy along the entire value chain: we collaborate with customers, suppliers, authorities, business partners, universities and research centres to reduce the environmental impacts of business activities and our products", highlighted Alessandro Profumo, CEO of Leonardo. "From the efficiency of our industrial sites to innovative solutions, Leonardo is committed to sustainable development for people and for the planet".

Sustainability is integral to the Be Tomorrow - Leonardo 2030 strategic plan, which focuses on innovation, digitalization in production and offering, considering business, governance, social impact and environmental factors, from a long-term perspective and in-line with the Sustainable Development Goals of the UN 2030 Agenda.

The confirmation in the CDP's top ranking further consolidates Leonardo's growth in terms of sustainability and adds to the company's achievements over the last two years. The company was confirmed as sustainability leader in the Dow Jones Sustainability Indices, with top score within the Aerospace & Defense sector. Leonardo was also recognised in band A of the Defence Companies Index on Anti-Corruption and Corporate Transparency (DCI) prepared by Transparency International, included in the Bloomberg Gender Equality Index, reconfirmed as United Nations Global Compact LEAD, and improved its position within the main ESG ratings.