TUI Group has achieved a perfect score of 100 from CDP and awarded a position on the UK’s FTSE 350 and DACH’s Climate Disclosure Leadership Indices (CDLI). Only the top 10 percent of businesses are included on the CDLI. TUI has been featured on the CDLI for eight consecutive years.
CDP, formally the Carbon Disclosure Project, independently assesses company information that is disclosed to investors and the global market place. Information is assessed against CDP’s scoring methodology and marked out of 100. High scores indicate the provision of robust climate data, upon which decisions that will catalyse progress towards low carbon economies can be made. TUI Group earned its position on the index by making available high quality carbon emissions and energy data through CDP’s climate change program.
The listing on the CDLI follows the launch of TUI Group’s new sustainability strategy, ‘Better Holidays, Better World’. The new five year strategy is built around three core pillars to help shape the future of sustainable tourism. As part of the strategy, it has pledged by 2020, to cut the carbon intensity of its airline, cruise and ground operations by a further 10%, deliver 10 million ‘greener and fairer’ holidays per year and invest €10 million per year to enhance the positive impacts of tourism.
Jane Ashton, Director of Sustainability, TUI Group, commented: “To be featured for the eighth year on the Climate Disclosure Leadership Index is a testament to the ongoing commitment to sustainability across the business and the leadership team. As the world’s largest tourism business we recognise our responsibility to lead and influence change for a more sustainable future for tourism. We are committed as a business to reducing our carbon emissions and understand the importance of accurate and transparent carbon reporting to all our stakeholders.”