CGD’s Sustainability performance is also assessed by several external entities namely ESG ratings.
This practice allows to follow up on trends and best practices and to use that information as guidelines to the Sustainability Strategy.
The following assessments stand out:
|The result achieved confirms CGD’s position and its response to climate issues. Its leadership position as compared to the financial sector average (B) and the global average (B-) stands out. Find out more about CGD’s response here.|
The CDP is a non-governmental organization that provides one of the best known and most comprehensive environmental information systems. Since its foundation, in 2000, the CDP has aimed to promote the business sector’s transition into a low-carbon economy.
|CGD achieved a Leadership score (A-) in the Supplier Engagement Rating 2020, a result above the financial sector average (B-).
This result reflects the quality of the measures developed by CGD aimed at fostering its supply chain to adopt environmental commitments and practices that contribute to climate change mitigation.|
In this scope, it was highlighted the Ethical Principles and Corporate Best Practices, to which CGD suppliers must subscribe and which sets out conduct requirements related to sustainability, being an important mechanism to mitigate environmental risks in the supply chain.
| In 2020, CGD managed to achieve the highest rating, GC Advanced, in the CoP, which proves the alignment of the practices adopted by the Bank with the Global Compact.|
The Communication on Progress (COP) is a direct communication from business participants to their stakeholders in which the latter are informed about the company’s efforts to meet the 10 principles of the UN Global Compact in each of its 4 areas (human rights, labour, environment and anti corruption).
|The rating agency Vigeo Eiris assesses the inclusion of social, environmental and governance factors in the organizations' strategies, operations and management. In 2020, CGD achieved the classification "Robust", with a 54/100 score, standing above the average industry ranking.|
|According to the “Europe’s Climate Leaders 2021” ranking disclosed by the Financial Times, CGD is one of the 300 companies in Europe in the forefront of the fight against climate change. Click here for more details.|
This awards / distinctions are the responsibility of the entity that awarded it.