Last checked at 15 Mar 2023 16:19
15 March 2023
Senior plc achieves top leadership status from CDP for Supplier Engagement Rating
Senior plc ("Senior" or "the Group"), an international manufacturer of high technology components and systems, today announces that it has been recognised by CDP as a Supplier Engagement Leader in its annual Supplier Engagement Rating.
CDP's Supplier Engagement Rating measures how effectively companies are engaging with their suppliers on climate change. CDP assesses performance on supplier engagement using a company's response to selected questions on governance, targets, Scope 3 emissions, and value chain engagement in the CDP climate change questionnaire.
This is the second year in a row that Senior has been recognised as a Supplier Engagement Leader and follows on from being awarded the top 'A' score by CDP in its global annual ranking for transparency and actions being taken on climate change in December 2022.
David Squires, Group Chief Executive Officer of Senior said: "We are delighted to be recognised by CDP as a Supplier Engagement Leader for a second consecutive year. This significant achievement demonstrates how closely we work with suppliers to meet climate and sustainability objectives in addition to the high standards we set on climate disclosure and actions in our own operations."
Sonya Bhonsle, Global Head of Value Chains & Regional Director Corporations, CDP said: "It is vital that companies act now to cascade action and manage environmental impacts throughout their supply chains if we are to secure a nature-positive 1.5°C future. Therefore, it is a pleasure to welcome the 650+ companies who have made it onto CDP's 2022 Supplier Engagement Leaderboard. As a Supplier Engagement Leader, Senior is showing the leadership needed by engaging its suppliers for the transition towards a sustainable net-zero future".
About Senior
Senior is a FTSE 250 international manufacturing Group with operations in 12 countries. It is listed on the main market of the London Stock Exchange (symbol SNR). Senior's Purpose is "We help engineer the transition to a sustainable world for the benefit of all our stakeholders". Senior designs and manufactures high technology components and systems for the principal original equipment producers in the worldwide aerospace& defence, land vehicle and power & energy markets.
About CDP
CDP is a global non-profit that runs the world's environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 680 financial institutions with over $130 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Nearly 20,000 organizations around the world disclosed data through CDP in 2022, including more than 18,700 companies' worth half of global market capitalization, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative. Visit www.cdp.net or follow CDP at https://twitter.com/CDP to find out more.
Further information
Gulshen Patel | Director of Investor Relations, Senior plc | +44 (0) 1923 714 722 |
Alex Lusty | FGS Global | +44 (0) 7795 950 497 |