Cabka Receives B Score in Debut CDP Climate Assessment
25 March 2024 - 5:30PM
Cabka Receives B Score in Debut CDP Climate Assessment
PRESS RELEASE
Amsterdam March 25, 2024.
Cabka N.V. (together with its subsidiaries “Cabka”, or the
“Company”), a company specialized in transforming hard-to-recycle
plastic waste into innovative Reusable Transport Packaging (RTP),
listed at Euronext Amsterdam, announces its first participation in
the Climate Disclosure Project (CDP) and the notable B score
achieved in the 2023 assessment. Cabka's performance surpasses the
sector's average of the plastic product manufacturing
industry.
CDP, a globally recognized non-profit
organization, facilitates companies to report on their utilization
of natural resources and capital, aiding them in measuring and
managing risks and opportunities related to climate change, water
security and deforestation. Over 21,000 companies, representing 2/3
of global market capitalization, were scored by CDP during 2023.
CDP's climate assessment serves as the gold standard for measuring
corporate climate performance, offering valuable insights to
investors, businesses, and policymakers worldwide.
Cabka's B score reflects the company's concerted
efforts to address climate challenges. Despite this being Cabka's
first participation in the assessment, achieving such a commendable
score is a recognition of the company's commitment to
sustainability and environmental responsibility.
"We are proud to earn this recognition for our
sustainability strategy and business practices," said Katrin
Poirier, Sustainability Director at Cabka. "Receiving a B score
from CDP not only reaffirms our position as responsible corporate
citizens but also motivates us to continue promoting the
transformation of our industry towards a circular economy."
Cabka's commitment to low-carbon circular
economy principles is evident in its product designs and material
management strategies. By utilizing recycled materials and
designing products for reuse and recyclability, Cabka minimizes
waste and resource consumption throughout its product
lifecycle.
Moreover, Cabka's performance surpasses the
sector's average, as the plastic products manufacturing industry
has an average grade of C. This result underscores Cabka's
exceptional commitment within its industry and highlights its
proactive approach to climate action.
The results of the assessment and Cabka's
responses are available on the CDP website.
https://www.cdp.net/en/scores
For more information, please
contact:Nadia Lubbe, Investor & Press
contactIR@cabka.com, or n.lubbe@cabka.com;+49 152 243 254
79www.investors.cabka.comCommercial contact:
info@cabka.comwww.cabka.com
About CabkaCabka is in the
business of recycling plastics from post-consumer and
post-industrial waste into innovative reusable transport packaging
(RTP), like pallets- and large container solutions enhancing
logistics chain sustainability. ECO product are mainly construction
and road safety products produced exclusively out of post-consumer
waste.
Cabka is leading the industry in its integrated
approach closing the loop from waste, to recycling, to
manufacturing. Backed by its own innovation center it has the rare
industry knowledge, capability, and capacity of making maximum use
bringing recycled plastics back in the production loop at
attractive returns. Cabka is fully equipped to exploit the full
value chain from waste to end-products.
Cabka is listed at Euronext Amsterdam as of 1
March 2022 under the CABKA ticker with international securities
identification number NL00150000S7.
- 20240325 - Cabka Receives B Score in Debut CDP Climate
Assessment
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