Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics and latex binders, scored a “B” in its 2021 CDP Score (formerly known as the Carbon Disclosure Project) in Climate Change Disclosure.
CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Through its independent scoring methodology, CDP takes the information supplied in its annual reporting process and scores companies and cities based on their journey through disclosure and towards environmental leadership. The 2021 CDP rating reflects Trinseo’s climate change performance in year 2020.
“This is another strong rating, reflecting our efforts in sustainability at Trinseo,” said Francesca Reverberi, SVP and Chief Sustainability Officer at Trinseo. “As CDP continues to raise the bar each year, we will continue to improve and expand our practices in sustainability and circularity and at the same time contribute to mitigate the impact of climate change.”
Each overall CDP Score correlates to one of the following four levels:
- Leadership (A/A-): Implementing current best practices
- Management (B/B-): Taking coordinated action on climate issues
- Awareness (C/C-): Knowledge of impacts on, and of, climate issues
- Disclosure (D/D-): Transparent about climate issues
Trinseo’s overall score (B) lands in the “Management” band showing that coordinated actions are in place. For more information on Trinseo’s sustainability and CSR program, please visit Trinseo.com/Sustainability.