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Tata Chemicals ranks in CDLI list

Posted on Jan 23, 05:23PM | IBNS

Tata Chemicals on Wednesday announced it has ranked in the list of Carbon Disclosure Leadership Index (CDLI) scores of the Carbon Disclosure Project 2012 India 200 Report leading in the materials sector.

The report was released at the Bombay Stock Exchange, Mumbai on Jan 18.

Speaking on this recognition, Sanjay Choudhary, Chief Technology and Sustainability Officer, Tata Chemicals, said, "Inclusion in the Carbon Disclosure Leadership Index (CDLI) of CDP recognises our communications with our stakeholders about our climate strategies and performance.

"The participation in the disclosures offers us the opportunity to improve by benchmarking and learning from good practices of other participants."

The Carbon Disclosure Project (CDP) is a global, investor-driven initiative, which collects critical climate change data from the world's leading companies with the objective to inform the global market about investment risk and commercial opportunity and companies' climate change strategy.

The information request in 2012 was sent to over 3,000 companies in over 60 countries on behalf of 655 institutional investors holding USD 78 trillion in assets under management.

This is the sixth year of this initiative in India.

A part of the over USUSD 100 billion Tata Group, Tata Chemicals Limited (TCL) is a global company with interests in businesses that focus on LIFE -Living, Industrial and Farm Essentials.