Webuild’s Environmental Leadership Recognized with ‘A-‘ Rating in Climate Change Programme 2023

Webuild’s Environmental Leadership Recognized with ‘A-‘ Rating in Climate Change Programme 2023

(IN BRIEF) Webuild, a global leader in the fight against climate change, has received an “A-” rating in the Climate Change Programme 2023 by CDP (formerly Carbon Disclosure Project), surpassing the average ratings of both the European region and the global construction sector. This rating reaffirms Webuild’s commitment to environmental programs and transparency, aligning with its long-standing strategic initiatives integrated into the group’s development strategies. With over 21,000 participating companies assessed, Webuild’s performance underscores its significant contribution to sustainable development goals in the regions it operates. The rating process, conducted by CDP, serves as a benchmark for stakeholders, providing independent and comparable insights into Webuild’s non-financial performance areas, reflecting its dedication to environmental, social, and governance (ESG) principles.

(PRESS RELEASE) MILAN, 13-Feb-2024 — /EuropaWire/ — Global leader in the fight against climate change, with a higher rating compared to the average European and sector rating:  The “A-” rating, in fact, was confirmed to Webuild by the Climate Change Programme 2023 of CDP (ex-Carbon Disclosure Project). The programme aims at measuring the environmental impact and corporate transparency to create an ever more globally sustainable economy.

Webuild’s positioning stands out compared to that of more than 21,000 companies that participated in the Climate Change 2023 Programme assessed by CDP, confirming Webuild’s commitment in environmental programmes, which for many years already has been made tangible in long-term strategic programmes, integrated in the Group’s development strategies. This approach is concomitant to the significant contribution to reaching the sustainable development goals in the territories where the Group works. The rating was awarded at the end of a rating process of the ESG policies and performances. It in fact is a tool for analysing used by the Group’s stakeholders, which offers summary performance-related information, both independent and comparable, and of the levels reached by Webuild in non-financial areas.

CDP (formerly Carbon Disclosure Project) is an international non-profit organization that annually assesses companies involved in the survey, on behalf of more than 740 investors who represent assets for over 136 trillion dollars. The formulated assessment considers corporate commitment in identifying and managing risks connected to climate change, and in meeting the challenges brought about by this very change, while also setting ambitious and challenging goals.

The Webuild Group has already obtained numerous international acknowledgements over time for its ESG commitment and efforts. The Group is part of the MIB® ESG Index of Borsa Italiana (the Italian Stock Exchange) and is among the top players of the sector with regard to ESG rating assessments issued by independent organisations, like ISS-ESG (B- Prime level), Moody’s ESG – ex Vigeo Eiris (Advanced level), MSCI ESG Ratings (AA leader).

Webuild is a global leader in the design and construction of large, complex projects in the sectors of sustainable mobility (rail, metro, bridges, roads, ports), hydropower (dams, power plants), water (treatment and desalination plants, wastewater management, irrigation dams) and green buildings (civil and industrial buildings, airports, stadiums, hospitals). It supports clients in achieving the Sustainable Development Goals (SDGs) established by the United Nations. The recognised leader in infrastructure for the water sector, it operates in 50 countries. It has 85,000 direct and indirect employees from 100 nationalities, and a supply chain of more than 17,500 businesses. In its 117 years of applied engineering on more than 3,200 projects, the Group has built 14,118 kilometres of rail and metro lines, 82,509 kilometres of roads and highways, 1,018 kilometres of bridges and viaducts, 3,396 kilometres of tunnels, and 313 dams and hydropower plants. Projects include the Genoa San Giorgio Bridge, the second Panama Canal, the Lake Mead Third Intake hydraulic project near Las Vegas in the United States, the Airport Line in Perth, Australia and the Stavros Niarchos Foundation Cultural Center in Athens. Projects under construction include the Brenner Base Tunnel, Line 4 of the Milan metro system, the Terzo Valico dei Giovi-Nodo di Genova in Italy, and the North East Link of Melbourne in Australia. . As of June 30, 2023, the Group had total orders worth €61 billion, with more than 90% of the Group’s construction backlog related to projects linked to the advancement of the United Nations 2030 Sustainable Development Goals (SDGs). Webuild, subject to the direction and coordination of Salini Costruttori S.p.A., is headquartered in Italy and is listed on the Milan stock exchange (WBD; WBD.MI; WBD:IM). Since 2021, it is member of the MIB ESG, the index of Italian companies with the best ESG practices.

Media Contact:

Media Relations:
Francesca Romana Chiarano
Phone: +39 338 247 4827
Email: f.chiarano@webuildgroup.com

Investor Relations:
Amarilda Karaj
Tel: +39 02 444 22476
email: f.chiarano@webuildgroup.com email: a.karaj@webuildgroup.com

SOURCE: Webuild S.p.A.