Leadership score in investor CDP index demonstrates best practice climate action
Tieto has scored high on CDP, exceeding IT sector and CDP program averages since 2010. Tieto’s CO2 emissions have reduced every year since 2012.
“I am happy to see the increased usage of renewable energy as well as the opportunities we have to reduce emissions at our customers being valued by investors. IT is one of the key enablers of low carbon economy and Tieto has been able to prove the impact with data already for several years”, says Maija Tenhunen, Senior Corporate Responsibility Manager, Tieto.
“We see more and more interest from investors towards all of the environment, social and governance (ESG) areas. CDP is a reliable way for us to deliver valid and correct environmental data for analysts and investors for their analysis”, says Tanja Lounevirta, Head of Investor Relations, Tieto.
CDP is the leading investor climate change index. 650 institutional investor signatories, with a combined US$87 trillion in assets, are behind the request to disclose information to CDP.
Tieto within top 3% of companies audited by Ecovadis for Corporate Responsibility
Tieto has for the second consecutive year received gold level recognition from Ecovadis in 2017. Tieto’s performance continues to be clearly above IT industry averages. While the globalscoring average for ICT companies was around 45 according to the index, Tieto received 66 points and a gold level recognition.
Overall, Ecovadis’ assessment places Tieto in the top 3% of all suppliers assessed. Tieto’s Corporate Responsibility plan performed well on all areas. The highlight in Ecovadis is our environmental performance. Over 90% of operations are ISO14001 certified, we have reduced our CO2 emissions every year since 2012 through several cutting-edge efficiency measures in offices and data centers.
“We are pleased to see our customers agree with us about the success of our Corporate Responsibility plan. Audits in this area are a great example of the team work and high level of readiness required to deliver these results. Responding to Ecovadis not only enables us to demonstrate our compliance with customer requirements but also provides us benchmarks for improvement”, says Maija Tenhunen, Senior Corporate Responsibility Manager, Tieto.
Ecovadis operates a collaborative platform providing supplier sustainability ratings for global supply chains, published a CSR risk and performance index in September 2017 with global results for Environment, Labour practices & Human rights, Fair business ethics and Sustainable procurement areas. Tieto has provided information to customers via Ecovadis since 2013.