Brembo receives double ‘A’ score for global climate and water stewardship

Brembo has been recognised for leadership in corporate sustainability by global environmental non-profit CDP, securing a place on its prestigious ‘A List’ for tackling climate change, as well as acting to protect water security – two of the three environmental themes covered by CDP.

A global leader in braking systems, Brembo is shown as one of a small number of companies that achieved a double ‘A’, out of over 5,800 businesses that were scored based on data submitted through CDP’s questionnaires in 2020.

Through significant demonstrable action on climate change and water security risks, Brembo says it is leading on corporate environmental ambition, action and transparency worldwide.

CDP claims its annual environmental disclosure and scoring process is widely recognised as the gold standard of corporate environmental transparency. It says that this year, over 515 investors with over US$106 trillion in assets and more than 150 major purchasers with US$4 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform. Over 9,600 responded – the highest ever, it says.

A detailed and independent methodology is used by CDP to assess these companies, allocating a score of ‘A to D-‘ based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.

Those that don’t disclose or provided insufficient information are marked with an F.

Cristina Bombassei, Brembo Chief CSR Officer and Board Member, said: “I’m particularly proud that, for the third time in a row, Brembo has been recognised by CDP for its work towards sustainability.

“Being part of the ‘A List’ is the result of our strong commitment to the environment and motivates us to do more. We are taking additional actions that tackle our footprint with an ambitious goal to reach carbon neutrality by 2040.”