For the second consecutive year, Seven Generations (7G) is pleased to announce it has achieved a score of A- from CDP – a global leader in environmental reporting. 7G’s A- rating was one of only three awarded to North American upstream producers, an achievement that recognizes our continued leadership in climate-related disclosure and performance.
“Responsible development and serving the needs of our stakeholders and Indigenous communities have formed the foundation upon which our company was built,” said Marty Proctor, President & Chief Executive Officer, Seven Generations Energy. “Sustainability is core to our strategy and is deeply embedded in our values. We are proud to be recognized by CDP for our top-tier environmental performance and commitment to transparency and will strive to continually improve our performance going forward.”
Seven Generations has been participating in CDP’s Climate Change Questionnaire since 2016 and has achieved improvements in our scores over the years. Last year, 7G achieved an A-, placing us as one of two Canadian companies in the energy sector to receive a leadership score. Companies who achieve a score in the leadership band are deemed by CDP as having best practices with regards to corporate transparency and action on climate-related risks and opportunities.
This year, more than 9,600 companies with more than 50% of global market capitalization disclosed environmental data through CDP, underlining the growing importance of transparency and environmental disclosure among stakeholders including investors who are increasingly using this data to inform investment decisions.
CDP’s scoring methodology covers comprehensive disclosure of environmental impacts, risks, opportunities, governance and actions; awareness of environmental risks and how they relate to their business; demonstrating management of these environmental risks and evidence of best practice associated with environmental leadership.