ÖBB Rail Cargo Group improves environmental performance rating

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ÖBB Rail Cargo Group (RCG) has announced that it significantly improved its environmental performance last year and as a result has now received a “B” rating in the Carbon Disclosure Project (CDP).

According to ÖBB, 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,” said RCG CEO Clemens Först.

RCG submitted all climate-relevant figures to CDP for participation in the ranking – this time in the extensive and detailed full version. The last time RCG participated, in 2022, 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).

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, RCG even manages a result above the global C average. In addition to companies, municipalities, cities, regions, and states also participate in the rating.

The Carbon Disclosure Project is a non-profit organization which rates companies, cities, regions, and countries according to their environmental transparency and environmental measures. The aim is to encourage companies and local authorities to disclose their environmental data, such as harmful greenhouse gas emissions and water consumption. The CDP collects data and information that are crucial for the assessment by means of questionnaires that are to be completed on a voluntary basis.