SHELTON, Conn., Dec. 21, 2021 /PRNewswire/ -- Edgewell
Personal Care Company (NYSE: EPC) today announced that it has
furthered its commitment to climate change and transparency by
disclosing its environmental performance through CDP, a global
non-profit that runs the world's leading environmental disclosure
platform. This is Edgewell's first year disclosing through
CDP.
In its disclosure Edgewell shared its progress in reducing
energy use and associated greenhouse gas (GHG) emissions as well as
its efforts to mitigate climate risks across its global operations.
Additionally, following leading climate science to align to a 1.5°C
pathway, Edgewell recently committed to reducing its absolute GHG
emissions by 50% by 2030 compared to 2019 levels, and using 100%
renewable electricity across its global operations. The Company's
ambition is to go beyond this goal, achieving carbon neutrality
across its global operations (Scope 1 and 2) by 2030.
"Raising the bar for ourselves and reporting our carbon impact
to CDP is a big step forward in advancing our commitment to taking
action on climate change," said Amy
Knight, Vice President Global Sustainability, Edgewell. "I'm
proud to have achieved a B- on our very first rating which reflects
not only our deep commitment to environmental stewardship and our
steadfast performance, but also demonstrates the dedication and
passion of our 6,500 teammates across the company who work
diligently each and every day to drive our progress and deliver on
our commitments."
Disclosing data around environmental impact is now a business
norm; in 2021 more than 13,000 companies worth more than 64% of
global market capitalization disclosed through CDP. Over 75% of the
S&P 500 disclose and more than 590 investors with US$110 trillion in assets under management have
requested environmental data from companies through CDP. By
disclosing, Edgewell is prepared to handle the increasing demand
for environmental transparency from investors, customers and
policymakers.
Simon Fischweicher, Head of
Corporations and Supply Chains at CDP North America, commented,
"Climate change poses a present and future risk to companies and
their supply chains. Only by measuring environmental risks and
opportunities can companies manage them now, prepare for the future
and remain competitive – especially as large mainstream investors
and federal policymakers increasingly push for greater transparency
through disclosure. By disclosing their environmental impact
through CDP, Edgewell Personal Care has taken an important first
step. I look forward to their continued dedication to transparency
and effort in securing a sustainable and just world."
The companies disclosing through CDP can be accessed here:
https://www.cdp.net/en/responses.
To view full details of Edgewell's ESG commitments through 2030,
please visit: www.edgewell.com/sustainability.
About Sustainable Care 2030
Edgewell's Sustainable
Care 2030 is the Company's ambitious strategy that will enable it
to sustain and grow its business while inspiring a world where the
joy of caring for yourself is balanced with caring for our shared
planet and society. Unveiled in 2020, Sustainable Care 2030
includes key commitments and targets across its brands, operations
and supply chain, and workforce and communities. For more
information, visit www.edgewell.com/sustainability.
About Edgewell
Edgewell is a leading pure-play
consumer products company with an attractive, diversified portfolio
of established brand names such as Schick® and Wilkinson Sword®
men's shaving products; Schick® and Billie® women's shaving
products; Edge® and Skintimate® shave preparations; Playtex®,
Stayfree®, Carefree® and o.b.® feminine care products; Banana
Boat®, Hawaiian Tropic®, Bulldog®, Jack Black® and Cremo® sun and
skin care products; and Wet Ones® moist wipes. The Company
has a broad global footprint and operates in more than 50 markets,
including
the U.S., Canada, Mexico, Germany, Japan,
the U.K. and Australia, with approximately 6,500
employees worldwide.
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SOURCE Edgewell Personal Care Company