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Home » News » Kobe Steel receives a rating of “A-” from CDP

Kobe Steel receives a rating of “A-” from CDP

By | December 25, 2021 4:41 pm SHARE

Kobe Steel receives a rating of “A-” from CDP
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In promoting sustainability management based on the Group Corporate Philosophy, the company has identified priority issues of materiality, contributing to a Green Society is one of the key efforts. 

Kobe Steel, Ltd. recently announced that it has received an “A- (A-minus)” rating for the second consecutive year in the evaluation by CDP), an international non-profit organisation that provides an environmental information disclosure system. 

The rating was given for its excellence in environmental performance and information disclosure in the climate change and water security sectors.

CDP conducts annual environmental surveys and evaluates companies by scores of A to D- based on how effectively they respond to issues such as climate change, deforestation and water security. 

In promoting sustainability management based on the Group Corporate Philosophy, the company has identified priority issues of materiality, contributing to a Green Society is one of the key efforts. 

Recognising that the effective use of water resources is essential for the sustainable development of the Kobe Steel Group (also known as the KOBELCO Group), is making thorough efforts to improve the efficiency of water use, reuse, and promote recycling of water in our production processes, and have achieved an extremely high water recycling rate of 96 percent.

Kobe Steel was awarded “A-” both in the climate change and water security categories for the efforts to address climate change and promote effective use of water resources.

Going forward, the group will further promote sustainability management with the aim of improving sustainable corporate value while contributing to a green society and addressing other environmental challenges the society faces.

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