Tarkett Achieves Top Rating from CDP for Sustainability Efforts
Tarkett's Commitment to Sustainability Recognized by CDP
Tarkett, a global frontrunner in innovative flooring and sports surface solutions, has recently received a remarkable rating of A level from CDP. This esteemed recognition highlights Tarkett's commitment to sustainability and climate responsibility, placing it among the elite top 2% of performers out of 24,800 companies evaluated by CDP regarding their climate data.
Understanding CDP and Its Significance
CDP, a non-profit organization renowned for its carbon disclosure platform, sets the gold standard in evaluating corporate climate strategies. Companies that demonstrate a robust strategy for managing risks and opportunities related to climate change, water security, and forests can achieve high CDP scores, thus showcasing their effectiveness in combating environmental challenges. Tarkett's A rating signifies its excellence in this arena.
A Testament to Tarkett's Initiatives
Arnaud Marquis, Tarkett’s Sustainability & Safety Officer, expressed pride in this achievement: “Reaching A, the highest level of CDP, is a great recognition of our long-standing leadership and continuous progress in our climate ambition. This accomplishment reflects our ability to reduce our climate impact across the entire value chain.”
Ambitious Goals for a Greener Future
Tarkett has set an ambitious climate roadmap targeting 2030, and it has already achieved significant milestones. The company focuses on developing sustainable solutions tailored for its customers. Furthermore, Tarkett has revamped its governance structures to enhance sustainability efforts across all levels, ensuring eco-design principles influence product development and increasing recycled materials in their offerings.
Progress Recognized on a Global Scale
In early 2023, Tarkett's climate roadmap received approval from the Science Based Targets initiative (SBTi), affirming its commitment to science-backed climate goals. Additionally, Tarkett has been recognized in the annual Europe’s Climate Leaders Ranking, organized by Financial Times and Statista, further solidifying its position among the leaders of corporate sustainability.
Platinum Medal Achievement
In September 2024, Tarkett earned a Platinum Medal from EcoVadis, a sustainability assessment platform. This award sets a new benchmark within the flooring and sports surfaces industry, illustrating Tarkett's relentless pursuit of sustainability.
About Tarkett
With over 140 years of history, Tarkett stands as a leader in the field of innovative and sustainable flooring solutions, generating a turnover of €3.4 billion in 2023. The company boasts nearly 12,000 dedicated employees, 23 research and development centers, 8 recycling centers, and 34 production sites across the globe. Tarkett consistently develops quality solutions for various sectors, including healthcare, education, retail, hospitality, offices, and sports facilities. Its commitment to circular economy principles and sustainability aligns with its Tarkett Human-Conscious Design® approach.
Connecting with Tarkett
Tarkett is listed on the Euronext regulated market (compartment B, ISIN: FR0004188670, ticker: TKTT). For further information, explore Tarkett's website www.tarkett-group.com.
Media Contact Information
For media inquiries, please reach out to the following contacts:
Brunswick - tarkett@brunswickgroup.com - Tel.: +33 (0) 1 53 96 83 83
Tarkett - communication@tarkett.com
Frequently Asked Questions
What is Tarkett's recent achievement?
Tarkett has been rated A level by CDP, recognizing its leadership in sustainability.
What does the CDP rating signify?
The CDP rating indicates a company's effectiveness in managing climate-related risks and opportunities.
What initiatives has Tarkett implemented for sustainability?
Tarkett has developed an ambitious 2030 climate roadmap and improved governance for sustainability across its organization.
How does Tarkett ensure eco-design in its products?
Tarkett focuses on integrating eco-design principles and increasing the use of recycled materials in its product development.
What other recognitions has Tarkett received?
Tarkett has been acknowledged in Europe’s Climate Leaders Ranking and awarded a Platinum Medal from EcoVadis.
About The Author
Contact Caleb Price privately here. Or send an email with ATTN: Caleb Price as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.