Atea recognized with ‘A’ score from CDP
Oslo, 6th of February: Atea has been recognized for leadership in corporate transparency and performance on climate change by global environmental non-profit CDP, securing a place on its annual ‘A List’.
Based on data reported through CDP’s 2023 Climate Change questionnaire, Atea is one of a small number of companies that achieved an ‘A’ - out of over 21,000 companies scored.
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. In 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 detailed and independent methodology is used by CDP to assess these companies, allocating 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.
Atea has made a firm commitment to reducing its greenhouse gas emissions across its entire value chain, enhancing its energy efficiency, and promoting low-carbon solutions for its customers. In 2018, Atea became one of the first Nordic companies to have its emissions reduction target approved by the SBTi, aiming to limit global warming to well below 2°C. In 2023, Atea raised its ambition further by submitting an updated SBTi target to align with a 1.5°C scenario, as well as a net-zero emissions target for validation.
Steinar Sønsteby, CEO of Atea, said: “We are honored to be on CDP’s A List for our environmental performance. This shows our long-term commitment to reducing our impact on the environment and helping our customers in their sustainability journey. We believe that technology can help address the climate crisis and create a circular economy, and we are proud to join the global movement of companies that are taking action for a better future.”
Sherry Madera, CEO of CDP, said: “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.
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.”
The full list of companies that made this year’s CDP A List is available here: https://www.cdp.net/en/companies/companies-scores
For more information:
Robert Giori, CFO Atea ASA, mobile +47 934 09 188
Andreas Antonsen, Director of Corporate Responsibility, mobile +46 722 44 87 84
Dace Bērziņa, Head of ESG Reporting and Controlling, mobile +371 26616214
About Atea
Atea is the leading supplier of IT infrastructure in the Nordic and Baltic regions. Atea is present in 88 cities with over 8,000 employees in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers hardware and software from leading global vendors and provides consulting and technical services to support its customers with the design, implementation and operation of their IT environments. Atea had revenue of approximately NOK 32 billion (EUR 3.2 billion) in 2022 and is listed on Oslo Stock Exchange. Visit us at atea.com
About CDP
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. Visit cdp.net or follow us @CDP to find out more.