In 2023, Kernel confirmed its B score in Carbon Disclosure Project (CDP) rating, retaining its leadership among Ukrainian companies. Last year, the Company moved up two notches compared to 2021.
“Despite all the challenges of wartime and the importance of addressing them on the spot, we must always think ahead. The implementation of climate initiatives in Ukraine and business compliance with the sustainable development principles remain one of the key components of stability today, and these will be a determining factor in raising investment in the recovery in the future,” Kernel CEO Yevhen Osypov said.
Kernel has been actively supporting the disclosure of the relevant data according to the CDP methodology, in particular as a benchmark for annual improvement and strengthening of the leadership position in low-carbon development in the region.
“The Carbon Disclosure Project rating is one of the most recognisable tools for assessing a company’s non-financial performance, including in the areas of managing the carbon footprint of operations and climate risks, pursuing business opportunities related to decarbonisation and building partnership with suppliers and consumers. The company’s position in the rating and the information disclosed on the CDP platform can, among other things, be used for benchmarking and supporting decision-making process in attracting sustainability and climate-linked investments. It is very valuable for us that we managed to retain our position and remain a leader among Ukrainian companies this year,” Marta Trofimova, Head of Sustainable Development at Kernel, emphasises.
At year-end 2023, the participating companies increased their disclosure of information on the requested parameters by 24%. The rating compilers annually increase the quantity and quality of data for the survey to assess compliance with corporate climate management leadership positions as accurately as possible. In-depth inquiries take into account scientific achievements, stakeholders’ feedback and market demand for greater transparency of information on sustainable business development.
