Pernod Ricard's CSR initiatives recognized at the highest level
Press release - Paris, 28 November 2016
- Pernod Ricard is the Beverage industry’s number 1 company according to Vigeo Eiris’s September 2016 assessment,
- Included in Euronext Vigeo Eiris ‘World 120’ and ‘France 20’ indices
- A- rating awarded in the CDP ranking
Vigeo Eiris recently announced the constituents of the Euronext Vigeo Eiris indices, which are composed of the highest-ranking listed companies according to the agency’s evaluation of their performance in corporate responsibility.
According to this assessment, Pernod Ricard is ranked number 1, making it the world leader for corporate responsibility in the Beverage industry, based on a panel of 39 companies.
With an overall score of 58/100, Pernod Ricard will be included as of 1 December 2016 in both:
- the Euronext Vigeo Eiris ‘World 120’ index which selects the 120 most advanced companies worldwide for corporate responsibility,
- the Euronext Vigeo Eiris ‘France 20’ index which selects the 20 most advanced companies in France.
Since December 2014, Pernod Ricard is also a constituent of the Euronext Vigeo Eiris ‘Eurozone 120’ and Euronext Vigeo Eiris ‘Europe 120’ indices.
In addition, Pernod Ricard recently received an A- score from CDP (Carbon Disclosure Project) in its 2016 report on the fight against climate change. With an overall rating of A-, Pernod Ricard is one of the programme leaders, as the average rating is C. Companies considered as 'excellent' by CDP are those that have developed a specific strategy and actions to better manage climate change, whether it be for their own production sites or across the entire value chain. The A- rating equates to the 'Leadership' level in the CDP ranking. The CDP recognises our significant 25% reduction in CO2 emissions per unit produced on production sites between 2010 and 2016, and, our ambition to reach -30% before 2020. This rating has only been awarded to 17% of companies who answered the CDP questionnaire, and 26% of companies in the consumer goods industry.
Cédric Ramat, Human Resources and Sustainability & Responsibility Director, Pernod Ricard commented, “We are proud that our actions have been acknowledged by both Vigeo Eiris and CDP, international reference bodies for CSR. This recognition confirms that corporate social responsibility is foremost in Pernod Ricard's strategic concerns. Reconciling economic efficiency, respect of stakeholders, environmental conservation, consumer protection, and the sharing of culture is a daily challenge.
About Vigeo Eiris
Vigeo Eiris is a global provider of environmental, social and governance (ESG) research to investors and public and private corporates.
Vigeo Eiris offers two types of services through separate business units:
- Vigeo Eiris rating, offers a large range of products and services designed for all kind of investors and covering all sustainable and ethical investment practices.
- Vigeo Eiris enterprise works with organizations of all sizes, from all sectors, public and private, to support them in the integration of ESG criteria into their business functions and strategic operations.
Vigeo Eiris methodology and rating services adhere to the strictest quality standards and have been certified to the independent ARISTA® standard.
Vigeo Eiris is present in Paris, London, Boston, Brussels, Casablanca, Milan, Montreal and Santiago and has a team of 200. The agency works with partners through its “Vigeo Eiris Global Network” in every continent. For further information, please visit www.vigeo eiris.com
About CDP Europe
CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 827 institutional investors with assets of over €89 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. More than 5,500 companies worldwide, of which nearly 1,800 in Europe, disclosed environmental information through CDP in 2016. CDP now holds the largest collection globally of primary climate change, water and forest risk commodities information and puts these insights at the heart of strategic business, investment and policy decisions. Please visit http://www.cdp.net/europe or follow us @CDP.