Press releases

Tata Chemicals recognised in the Carbon Disclosure Leadership Index in Carbon Disclosure Project 2012 - India 200 report

Mumbai: Tata Chemicals has been listed in the Carbon Disclosure Leadership Index (CDLI) scores of the Carbon Disclosure Project 2012 – India 200 report (CDP) as a leader in the materials sector. The report was released at the Bombay Stock Exchange, Mumbai, on January 18, 2013.

Speaking about the recognition, Sanjay Choudhary, chief technology and sustainability officer, Tata Chemicals, said, "Tata Chemicals is engaged in sustainable practices to respond to the challenges of energy, water and climate change. Inclusion in the CDLI of the CDP report recognises our communication 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 scores assess companies on the quality and completeness of their disclosure and consider factors such as:

• Clear consideration of business-specific risks and potential opportunities related to climate change.
• Good internal data management practices for understanding greenhouse gas emissions, including energy use.

The 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, 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 $78 trillion in assets under management. This is the sixth year of this initiative in India. Ten financial institutions are part of the CDP global signatory investors seeking the information from industry on a voluntary basis. The CDP and its partners in India — CII and WWF — have engaged with the top 200 Indian companies (by market capitalisation) encompassing diverse sectors.