ÖBB Rail Cargo Group (RCG) significantly improved its environmental performance last year. As a result, the leading railway logistics company has now received a "B" rating in the Carbon Disclosure Project (CDP). The CDP rating is considered the gold standard of environmental reporting globally and is used by investors, companies, policymakers, academics and the media to learn about companies' climate-related data and strategies.
"This year's result is not only a significant improvement on last year, but also places us above the European average. It proves that we are making our contribution to a Europe worth living in the spirit of the Paris Climate Agreement. And live up to our vision – to be the sustainable logistics backbone of the European economy," says RCG CEO Clemens Först.
Extensive and detailed reporting performance
The RCG submitted all climate-relevant figures to CDP for participation in the ranking – this time in the extensive and detailed full version. Last time the RCG participated, last year, it achieved a respectable C rating, which has now been increased to a good B rating. This was in turn due to significant increases in the areas assessed, e.g. in the categories of Governance as well as Scope 1, 2 and 3 Emissions and Verification (A rating) and Risk Management Processes (A- rating).
ÖBB Rail Cargo above the global average
More than 5,800 companies across Europe submit their environmental data to the Carbon Disclosure Project, and around 18,700 worldwide. RCG's "B" rating this year is in line with the industry average of the CDP rating. When considering all sectors, the RCG even manages a result above the global C average. In addition to companies, municipalities, cities, regions and states also participate in the rating.