ONO Selected as Highest Rating A-List Company by CDP in Two Categories of “Climate Change” and “Water Security” in CDP 2023
Ono Pharmaceutical Co., Ltd. (Osaka, Japan; President and CEO: Gyo Sagara, “ONO”) announced that it has been selected by CDP, a global environmental non-profit organization, as the highest A-List company in the two categories of “climate change” and “water security” in CDP 2023, in recognition of its measures against climate change and water security. ONO has been selected for the A-List for the sixth consecutive year in climate change category and for the third consecutive year in water security category.
Based on the medium- and long-term environmental vision, ECO VISION 2050 (Environment Challenging Ono Vision 2050), ONO has set three priority items, “Realization of a decarbonized society,” “Realization of a water recycling society,” and “Realization of a resource recycling society,” and has been committed to reducing greenhouse gas emissions, water usage and waste associated with our business activities. In March 2023, we revised our medium- to long-term environmental targets in order to accelerate our efforts to address these environmental issues. For information on the new medium- to long-term environmental targets, please see the following website ( https://sustainability.ono-pharma.com/en/themes/106#945 ).
ONO continues to contribute to society by discovering and developing innovative pharmaceutical products, and promote initiatives toward the realization of a sustainable society in cooperation with our business partners.
About CDP
CDP is a global non-profit organization that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in the UK in 2000 and working with a lot of investors, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. In 2023, CDP collaborated with over 740 financial institutions with over $136 trillion in assets. Finally, over 24,000 organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization - and over 1,100 cities, states and regions. CDP is currently one of the most informative disclosure platforms in the world regarding environmental issues. Furthermore, CDP is a founding member of “the Science Based Targets initiative (SBTi),” “We Mean Business Coalition,” “The Investor Agenda” and “the Net Zero Asset Managers initiative (NZAMI).” Visit cdp.net or follow us @CDP to find out more.
About CDP’s scoring
CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. By encouraging major companies around the world to disclosure information on their efforts to address environmental issues and evaluating them, CDP aims to enhance engagement in environmental issues worldwide.
A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D-based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those that don’t disclose or provide insufficient information are marked with an F.
The full list of companies that made this year’s CDP A List is available here, along with other publicly available company scores: https://www.cdp.net/en/companies/companies-scores