DIRECTV Recognized As World Leader For Corporate Action On Climate Change
October 21 2014 - 3:00PM
Business Wire
For its actions to reduce carbon emissions and mitigate the
business risks of climate change, DIRECTV has been awarded with a
position on The A List: The CDP Climate Performance Leadership
Index 2014.
The index presents 187 listed companies identified as
demonstrating a superior approach to climate change mitigation. It
has been produced at the request of 767 investors who represent
more than a third of the world’s invested capital by CDP, the
international NGO that drives sustainable economies.
Information provided by nearly 2,000 listed companies has been
independently assessed against CDP’s widely-respected scoring
methodology and ranked accordingly. DIRECTV is one of the 187 that
has been awarded an A grade for its climate performance, earning a
position on this global ranking of corporate efforts to mitigate
climate change.
“DIRECTV is proud to be leading our industry in a more
sustainable direction,” said Mike Palkovic, executive vice
president of Services and Operations at DIRECTV. “As we continue to
work towards our sustainability goals we’re pleased to join so many
other companies in the fight against climate change.”
Climate performance leaders of The A List index are investing to
reduce their greenhouse gas emissions and collectively have reduced
their total (absolute) emissions by 33 million metric tons in the
past reporting year, while also achieving impressive financial
results. In this way, the leaders illustrate that a low carbon
future does not mean low profit.
CDP performance scores provide a tool for institutional
investors and stakeholders to evaluate and track corporate efforts
to mitigate climate change. Scores are communicated to investors
and other decision makers through various channels, including
Bloomberg terminals, to help them assess corporate preparedness for
changing market demands and emissions regulation.
Paul Simpson, chief executive officer of CDP, comments: “Global
greenhouse gas emissions continue to rise and we face steep
financial risk if we do not mitigate them. The business case for
action to mitigate climate change has never been stronger or more
urgent. For this reason we congratulate those businesses that have
achieved a position on The A List: The CDP Climate Performance
Leadership Index. These companies are responding to market demand
for environmental accountability and at the same time are making
progress towards the realization of sustainable economies.”
About DIRECTV
DIRECTV (NASDAQ: DTV) is one of the world’s leading providers of
digital television entertainment services delivering a premium
video experience through state-of-the-art technology, unmatched
programming and industry leading customer service to more than 38
million customers in the U.S. and Latin America. In the U.S.,
DIRECTV offers its over 20 million customers access to more than
195 HD channels and Dolby-Digital® 5.1 theater-quality sound,
access to exclusive sports programming such as NFL SUNDAY TICKET™,
Emmy-award winning technology and higher customer satisfaction than
the leading cable companies for 14 years running. DIRECTV Latin
America, through its subsidiaries and affiliated companies in
Brazil, Mexico, Argentina, Venezuela, Colombia, and other Latin
American countries, leads the pay TV category in technology,
programming and service, delivering an unrivaled digital television
experience to more than 18 million customers. DIRECTV sports and
entertainment properties include two Regional Sports Networks
(Rocky Mountain and Pittsburgh), and minority ownership interests
in Root Sports Northwest and Game Show Network. For the most
up-to-date information on DIRECTV, please visit
www.directv.com.
About CDP
CDP is an international, not-for-profit organization providing
the only global system for companies and cities to measure,
disclose, manage and share vital environmental information. CDP
works with market forces, including 767 institutional investors
with assets of US$92 trillion, to motivate companies to disclose
their impacts on the environment and natural resources and take
action to reduce them. CDP now holds the largest collection
globally of primary climate-change, water and forest risk
commodities information and puts these insights at the heart of
strategic business, investment and policy decisions. Please visit
www.cdp.net or follow us @CDP to find out more.
DIRECTVJade Ekstedt, (310) 964-3429jlekstedt@directv.com
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