RNEWS: BLOOMBERG EVALUATES COMPANY RESULTS AND DECLARED GOALS: WHO WINS AND WHO LOSES

Wednesday, 28th april 2021 | rNEWS
Marco Arezio - Consulente materie plastiche - rNEWS: Bloomberg Evaluates Company Results and Declared Goals: who Wins and who Loses

The Bloomberg consulting firm wrote a study that analyzed several large companies in different sectors such as oil, energy supplies, mining and the consumer products sector.

The work was based on the declared corporate objectives in terms of production impacts and on the results regarding their compliance.

Total, as stated in the press release, was among those companies that achieved the highest score.

Specifically, on April 13, BloombergNEF published its first study on aligning corporate strategies with the United Nations Sustainable Development Goals (SDGs).

With a score of 97/100, Total ranked third worldwide in the survey, among the four business sectors studied (Oil and Gas, Utilities, Metals & Mining, Consumer Goods) and first in its sector.

The study, entitled "UN Sustainable Development Goals for Companies: Primer" evaluates companies based on an analysis of 10 categories of criteria, in terms of integration of the SDGs in their strategy, identification of their priority impacts and improvement objectives. The assessment also takes into account the transparency of the associated reporting.

Since 2016, Total has been committed to contributing to the achievement of the SDGs and uses them as a reference point to measure and prioritize its impacts. The Group also played a pioneering role in SDG reporting by contributing to the work of the platform created in 2017 by the UN Global Compact and Global Reporting Initiative (GRI).

“Total is resolutely committed to a transformation that addresses the challenges of the sustainable development agenda: fighting global warming, providing tangible solutions and actively promoting a just transition .

Total wants to be a point of reference for the company's commitment to the Sustainable Development Goals and I am delighted that the commitment of our teams has been recognized with this first ranking ", said Patrick Pouyanné, President and CEO of Total.

The Bloomberg study recognizes the alignment of Total's business strategy with clearly stated climate goals (SDG 13), its transformation into a large energy company with projects low carbon energy assets (SDG 7) and the use of its economic and social weight, particularly within its own supply chain (SDG 8).

The study also highlights Total's work on transparent disclosure, with the publication of detailed reports on the SDGs.

Total believes that transparency is essential to build relationships of trust with its stakeholders and to place the Group on a path of continuous improvement.

Automatic translation. We apologize for any inaccuracies. Original article in Italian.

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