NTT DATA Selected as a CDP Climate Change "A List" company for Second Consecutive Year
February 6, 2024
NTT DATA Corporation
TOKYO – Feb 6, 2024 – NTT DATA Group, a global digital business and IT services leader, has been selected as a 2023 CDP Climate Change "A List" company for second consecutive year by an international NGO CDP*1. NTT DATA Group has been recognized for leadership in transparency and performance on environmental data disclosure. CDP Climate Change questionnaire surveys corporate environmental information at the request of institutional investors who make ESG investments. The companies are assessed by a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. NTT DATA Group formulated "NTT DATA NET-ZERO Vision 2040*2" in June 2023, a vision to achieve Net-Zero by 2040. NTT DATA aims to achieve Net-Zero for direct and indirect emissions from its own operations (Scope1, 2) for data centers by 2030, the entire company including offices and other facilities by 2035, and its entire supply chain (Scope3) by 2040. "Congratulations to all the companies on CDP's A List, and those companies that started or accelerated their journey towards environmental transparency in 2023 – we saw a 24% increase of disclosures last year and that trajectory is to be applauded. It is only by laying the groundwork of disclosure that companies can show they are serious about the vital part they play in securing a net-zero, nature-positive future. NTT DATA – a part of NTT Group – is a trusted global innovator of IT and business services headquartered in Tokyo. We help clients transform through consulting, industry solutions, business process services, IT modernization and managed services. NTT DATA enables clients, as well as society, to move confidently into the digital future. We are committed to our clients' long-term success and combine global reach with local client attention to serve them in over 50 countries. Visit us at nttdata.com.Regarding CDP 2023
In CDP 2023, over 740 financial institutions with over US$136 trillion in assets requested companies to disclose data on environmental impacts, risks and opportunities through CDP's platform. A record-breaking 23,000 companies responded. NTT DATA Group is one of a small number of companies that achieved an 'A' - out of over 21,000 companies scored.Regarding NTT DATA Group's activities regarding climate change
In addition to efforts to reduce GHG emissions throughout its own supply chain, NTT DATA Group is also actively promoting initiatives aimed at Net-Zero for clients and society. We believe that these activities led to the selection for A list for second consecutive year.
Also, NTT DATA Group is promoting green innovation toward decarbonization of global society with CDP as CDP Gold Accredited Solutions Provider*3 and as a premium member of CDP Supply Chain Program*4. Further, in September 2023, NTT DATA Group and CDP have strengthened its strategic partnership*5 toward GHG reduction throughout the supply chain.
NTT DATA Group will continue to contribute to the realization of the whole society's carbon neutrality through the provision of the GHG emissions visualization platform "C-Turtle®*6", which visualizes GHG emissions throughout the supply chain, and its consulting services*7.Sherry Madera, CEO of CDP said:
Earning a place on the A List is about more than the score. It's an indication of high quality, complete data that equips companies with a holistic view of their environmental impact, serves as a baseline for transition plans and – crucially – enables them to follow through on their ambitions. As we move deeper into the Decade of Action, and as CDP continually raises the bar for what represents environmental leadership, the work of A List companies is never complete. We look forward to seeing all companies turn their commitments into further and more meaningful and effective action."Notes
CDP is a global non-profit that runs the world's environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 740 financial institutions with over $136 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests.
Over 24,000 organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization - and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative.
The full list of companies that made this year's CDP A List is available here:
https://www.cdp.net/en/companies/companies-scores
In response to the growing call worldwide to accelerate measures to achieve Net-Zero carbon emissions, NTT DATA Group revised its previous plan formulated in 2021 for responding to climate change towards 2050 and newly formulated "NTT DATA NET-ZERO Vision 2040" with a goal to achieve Net-Zero by 2040.
https://www.nttdata.com/global/en/news/press-release/2023/june/ntt-data-formulates-new-vision-for-net-zero-ghg-emmissions-by-2040
NTT DATA Group became the first Japanese company to be recognized as a CDP Gold Accredited Solutions Provider on March 1, 2022.
https://www.nttdata.com/global/en/news/press-release/2022/march/ntt-data-recognized-as-cdp-gold-accredited-solutions-provider
NTT DATA Group became the first Japanese company to join the CDP Supply Chain Program as a premium member on April 1, 2022.
https://www.nttdata.com/global/en/news/press-release/2022/april/ntt-data-to-join-cdp-supply-chain-program-as-a-premium-member
NTT DATA Group strengthened its strategic partnership with the CDP on September 13, 2023 with the aim of reducing GHG emissions across supply chain.
https://www.nttdata.com/global/en/news/press-release/2023/september/ntt-data-strengthens-partnership-with-cdp
C-Turtle is GHG emissions visualization platform that "Company-wide Emission Allocation Method" is used for the first time in Japan.
https://www.nttdata.com/global/en/news/press-release/2022/august/ntt-data-launched-japans-first-greenhouse-gas-emissions-visualization-service-incorporating-data
NTT DATA Groups provides green consulting service and consulting service on TCFD and information disclosure for nature and biodiversity.
Press release only in Japanese:
Green consulting service
https://www.nttdata.com/global/ja/news/release/2022/011400/
Consulting service on TCFD (Task Force on Climate-related Financial Disclosures)
https://www.nttdata.com/global/ja/news/release/2022/072700/
Consulting service on information disclosure for nature and biodiversity according to TNFD framework
https://www.nttdata.com/global/ja/news/release/2023/051600/
About NTT DATA
Contact
NTT DATA Corporation
Sustainability Innovation Department
Green Innovation Office
Tsunemi, Miyamoto
climate@kits.nttdata.co.jp