Astarta has improved its climate standing in the Carbon Disclosure Project (CDP). The company’s current score is C.

The higher ranking reflected improved performance in business strategy, financial planning, scenario analysis, climate risk management, and energy efficiency.

“Astarta developed a climate corporate governance system, which includes a comprehensive action plan to improve the calculation of greenhouse gas emissions for Scope 1-3, analysis of climate scenarios, identification of physical and transition climate risks, and a decarbonisation strategy. By 2030, we plan to reduce the company’s greenhouse gas emissions by 44%,” said Yulia Bereshchenko, the Director of Sustainable Business Development and Investor Relations at Astarta.

The CDP rating upgrade reflects Astarta’s progress in the global fight against climate change and the team’s commitment to effectively managing climate risks and other aspects of environmental sustainability.

By disclosing information through CDP, Astarta demonstrates its compliance with high international standards and readiness to meet the growing demand for environmental transparency from financial institutions, investors, clients and governments.

CDP is an international non-profit organisation that manages the global environmental disclosure system for companies, cities, states and regions. In 2023, more than 25k organisations worldwide and 1,1k cities, states and regions disclosed their data.