PARIS, October 5, 2007 /PRNewswire-FirstCall
SUEZ has been recognized among the top companies worldwide for its approach
to climate change disclosure by the Carbon Disclosure Project.
The Carbon Disclosure Project (CDP) gathers more than 315 global
institutional investors with a combined $41 trillion of assets under
management. The CDP report is based on a survey of the responses of
Financial Times 500 corporations on the issue of climate change.
SUEZ was included in the Climate Disclosure Leadership index, a prestigious
honor roll for global corporations addressing the challenges of climate
change.
The CDLI is produced by report writers Innovest. It comprises 68 FT500
companies that show distinction in their responses to the CDP survey.
"We are convinced that climate change is a major challenge for humanity in
the coming decades," said Gerard Mestrallet, CEO of SUEZ. "The Group's
strategy is based on diversifying power production to include nuclear, coal,
gas, hydraulic, wind turbine, biomass, etc., and promoting the rational use
of energy. Thus, it is entirely possible to address climate change issues
without jeopardizing our profitability."
According to CDP Chief Executive Paul Dickinson, "SUEZ has set itself apart
from its peers by disclosing the information required by investors to judge
its readiness for the challenges and opportunities posed by climate change."
The Carbon Disclosure Project is a special project of the Rockefeller
Philanthropy Advisors in New York. The group of investors is not a legal
entity and the Carbon Disclosure Project has no authority to make any other
statement on behalf of the participants. Full details on CDP, the CDP
reports and the responses from corporations can be found at http://www.cdproject.net.
The dCDP5 report was written by Innovest Strategic Value Advisors http://www.innovestgroup.com
An international industrial and services Group, SUEZ designs sustainable and
innovative solutions for the management of public utility services as a
partner of public authorities, businesses and individuals. The Group aims to
meet essential needs in electricity, natural gas, energy services, water and
waste management. SUEZ is listed on the Brussels, Luxembourg, Paris, and
Zurich stock exchanges and is represented in the major international
indices: CAC 40, BEL 20, DJ STOXX 50, DJ EURO STOXX 50, Euronext 100, FTSE
Eurotop 100, MSCI Europe and ASPI Eurozone. The Group employs 140,000 people
worldwide and recorded revenues of EUR 44.3 billion in 2006, 89% of which
was generated in Europe and North America.
SOURCE SUEZ
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