Axian Energy Green has reached a key milestone in its commitment to the environment by achieving a C-score in its first reporting exercise at the Carbon Disclosure Project (CDP) 2024. This recognition underscores the company’s dedication to transparent communications to enhance its climate strategy and its activities towards a more sustainable economy.
CDP: Global Benchmark for Climate Transparency
CDP is a globally recognized organization that evaluates and promotes environmental transparency in businesses. The survey is consistent with International Reporting Standards (IFRS-S2) and is used by over 740 investors to manage USD 136 trillion in assets. It is also an important tool for development finance institutions in investment and procurement decisions.
The CDP evaluation system is based on four levels:
●D: Disclosure (data transparency)
●C: Perception (Understanding Climate Issues – Levels Achieved by Axian Energy Green)
●B: Management (Implementation of management actions)
●A: Leadership (advanced strategy and significant impact)
Strengthened ambitions for 2025
Achieving a C-score is an encouraging first step for Axian Energy Green, but the company is not planning to stop there. Its ambition is to reach Level B by 2025 by implementing concrete measures.
• Deepen climate risk analysis using quantitative approaches to better predict the environmental impact of its activities.
●Define a clear and ambitious transition plan towards decarbonised energy.
●In particular, strengthen integration of climate issues into governance by establishing stricter monitoring indicators.
●This transition will strengthen awareness and engagement efforts to mobilize all stakeholders.
“We have both the opportunity and the responsibility to accelerate our trajectory for a more sustainable future. This result marks an important first step and motivates us to further advance our energy transition in Africa as a key player.”
