Tokyo, December 9, 2020 - Rakuten, Inc. today announced that it has been selected by the international nonprofit organization CDP for its Climate Change A List for the first time. This is the NPO’s highest possible rating, earned through an annual corporate survey conducted by CDP.
Official site: https://www.cdp.net/en/companies/companies-scores
- Rakuten, Inc.
Rakuten Receives First-Ever Selection to CDP A List for Climate Change
CDP’s annual survey on climate change is widely recognized as a global standard for environmental information disclosure by businesses. More than 9,600 companies disclosed data in the 2020 survey, the largest number in its history. Rakuten’s work on CO2 reduction, mitigating environmental risks and contributing to a low-carbon economy, among other initiatives, were acknowledged. 270 companies from around the world, including 53 from Japan, have been selected for the Climate Change A List.
As part of its commitment to combating the effects of climate change, Rakuten, Inc. joined the international Renewable Electricity 100% (RE100) initiative in December 2019, and aims to adopt 100% renewable electricity for all its business operations by 2025. As of the end of 2019, the company’s renewable energy ratio has reached 51.4% by utilizing J-Credit, a system for verifying whether electricity can be considered renewable energy, and Rakuten is continuing to take strides to reach its target levels. Through its Rakuten Energy service, Rakuten is also engaged in initiatives that will lead to electricity conservation, reduce CO2 emissions and aid in the increased adoption of renewable energy for Rakuten Denki and Rakuten Denki Business subscribers. Furthermore, Rakuten also provides the J-Credit trading system Rakuten Energy Trading System (REts).
Together with its customers, partners, local communities and employees, Rakuten will continue to promote efforts related to curbing climate change and aim to realize a sustainable society.
■About CDP
CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$106 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 9,600 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2020. This is in addition to the hundreds of cities, states and regions who have disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP is a founding member of the We Mean Business Coalition. Visit https://cdp.net/en or follow us @CDP to find out more.