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PATTERN OVERCOMES THE ENVIRONMENTAL REPORTING OF CDP’S STANDARD

28 January 2020
By joining the CDP 2019 reporting on Climate Change, Pattern demonstrated responsibility to the key environmental issues in the low carbon transition.Thanks to the evident transparency on its governance structure, emissions and energy consumption, Pattern is now able to measure its impact and work on ambitious reduction targets towards environmental leadership.In Italy Pattern is one of the three companies in the fashion sector have decided to participate to the CDP’ standard reporting so far, out of a total of over fifty reporting companies.

CDP is recognized as the global standard for environmental reporting.The British NGO enjoys a strong reputation and receives its mandate from a pool of institutional investors representing 96,000 billion dollars in assets. Since 2017, CDP has also been collaborating with the Italian government through MoU whose objective is the transparency of Italian companies. For this reason, data emerging from CDP reporting are used by several ESG’s research agencies, stock exchange index and financial rating as MSCI and Moody’s and are requested for low-carbon financial products as EURO STOXX® Reported Low Carbon index