- The company will report on its climate change related initiatives
- Abengoa has also signed the Caring for Climate Business Leadership Criteria on Carbon Pricing as part of this forum
Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, will take part in the United Nations’ Private Sector Forum on Climate Change. The event will involve 350 companies as well as representatives from governments and civic organizations that have been invited to attend the UN’s headquarters in New York next week by the United Nations Secretary-General, Ban Ki-Moon.
The purpose of the forum is to show governments the progress and commitment being made by companies to combat climate change and its effects on ecosystems, economic activity and living conditions around the world. Specifically, Abengoa will report on the initiatives it has implemented related to climate change. Over the last few years the company has created a comprehensive inventory of its greenhouse gas emissions, setting annual targets to reduce them and calculating the emissions associated with its core products and activities.
The Forum has been organized by the UN Global Compact, under the direction of the UN’s Secretary General, to encourage world leaders to collaborate with the private sector and to highlight its importance in climate change related actions. This is a priority objective for the organization.
Abengoa has also signed the Caring for Climate Business Leadership Criteria on Carbon Pricing as part of this Forum, which establishes commitments to take CO2 pricing into account when selecting and promoting business projects and when reporting and publishing progress in this area in corporate reports.
By attending this forum, Abengoa is strengthening its leadership position in climate change related policies and initiatives that reduce the impact on climate, by promoting renewable energy and clean fuels and its commitment to reduce emissions across all its activities and facilities.