Finance

Axian Energy Green achieves a “C” score for its first CDP reporting

Axian Energy Green achieves a “C” score for its first CDP reporting
Wednesday, 05 March 2025 13:39

AXIAN Energy Green strengthens its environmental commitment by obtaining a C score for its first reporting exercise with the Carbon Disclosure Project (CDP) 2024. This initiative reflects the company’s voluntary approach to transparently communicating its climate change mitigation strategy.

CDP is a nonprofit organisation managing one of the world's largest environmental databases. It helps companies, investors, and governments measure, disclose, and reduce their impact. It is the global benchmark for climate transparency. Its questionnaire, aligned with international reporting standards (IFRS-S2), is used by more than 740 investors representing USD 136 trillion in assets, as well as by development financial institutions (DFIs) in their investment and procurement decisions.

  • CDP’s rigorous scoring system is based on four levels:
  • D: Disclosure (Data transparency)
  • C: Awareness (Understanding of climate issues – level achieved by AXIAN Energy Green)
  • B: Management (Implementation of management actions)
  • A: Leadership (Advanced strategy and impact)

Committed to continuous improvement, the company aims to achieve a B score in 2025. To reach this goal, AXIAN Energy Green plans to deepen its climate risk analysis with a quantitative approach, define a clear and ambitious transition plan, strengthen the integration of climate issues into its governance, and intensify awareness and engagement initiatives.

We have the opportunity and responsibility to accelerate our path toward a more sustainable future. This result marks an important first step and motivates us to go even further in Africa’s energy transition as a key player" says Benjamin Memmi, CEO of AXIAN Energy.

IVfGB0X4750UeKAu

On the same topic
World Bank opens first resident representation in Malabo, led by economist Juan Diego Alonso. Mandate focuses on inclusive growth, private-sector...
Nearly half of spending directed to social programs amid growth, financing pressures Lawmakers debate sustainability and external financing as...
The Central Bank reduces its policy rate to 9%, marking a ninth consecutive cut. Inflation remains contained at 4.5%, within the 2.5%–7.5% target...
Africa’s factoring volume rose from €21.6 billion in 2017 to €50 billion ($58.17 billion) in 2024. Afreximbank says the continent must...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

BCEAO keeps key lending rate at 3.25% and marginal rate at 5.25%. UEMOA growth reaches 6.6%...

WAEMU Bloc Holds Rates Steady as Growth Hits 6.6%
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.