PSA group has moved up into the top 9% with regards to its actions and strategies in response to climate change.

PSA Group has been identified as a global leader for its actions and strategies in response to climate change and has been awarded a position on the Climate A List by CDP, the international not-for-profit that drives sustainable economies.

193 “A Listers” appear on the list, which has been produced at the request of 827 investors with assets of US$100 trillion.

Thousands of companies submit annual climate disclosures to CDP for independent assessment against its scoring methodology. PSA Group is among 9% of corporations participating in CDP’s climate change program to be awarded a position on the Climate A List, in recognition of its actions to reduce emissions and mitigate climate change in the past reporting year.

Patrice Lucas, Executive Vice-President, Programmes and Strategy for the PSA Group, said: "This CDP award confirms, at the international level, that we have made the right technology choices and developed the right mobility solutions to address the challenges of climate change. It also recognises our ground-breaking strategy, in partnership with the NGO Transport & Environment, of providing our customers with complete transparency on our vehicles' real fuel consumption."

The Climate A List is released in CDP’s report today. The report, which establishes the baseline for corporate climate action, reveals that global corporations have started the transition to a low-carbon economy and some are already capitalizing on the opportunities this affords. Companies’ progress on reducing emissions in line with the goals of the Paris Agreement will be tracked against this baseline in future annual reports.

CDP’s chief executive officer Paul Simpson says: “We congratulate the 193 A List companies that are leading the charge towards our low carbon future. Companies are key actors in enabling the global economy to achieve its new climate goals, and the leadership of this group points the way for others to take bold action and capitalize on the many opportunities that await.”

The Climate A List, along with the climate scores of all companies publicly taking part in CDP’s climate change program this year, is available on CDP’s website.