Carbon Disclosure Project
During the year 2007, Swedish Match has participated in the Carbon Disclosure Project (CDP), which provides a secretariat for the world’s largest institutional investor collaboration on the business implications of climate change.
CDP represents a process whereby many institutional investors collectively have signed a single global request for disclosure of information on greenhouse gas emissions.
Besides the total greenhouse gas emissions accounting, the CDP report covers among other things various opportunity and risk dimensions related to regulatory and physical issues. Companies are encouraged to present actions taken or planned to manage and reduce emissions.
The CDP report includes the 125 largest listed companies from Sweden, Denmark, Norway and Finland and was carried out for the first time in the Scandinavian region. In the report, a Carbon Disclosure Leadership Index, CLI, has been developed in order to highlight the companies that provide the most comprehensive response to the CDP questionnaire. Swedish Match is considered a low-carbon intensive company and was ranked among the best companies in Scandinavia with a CLI score of 73 out of 100.