- Leading environmental reporting organization spotlights Akamai for its focus on good corporate governance in relation to climate change
- Full report available at http://tiny.cc/cesgk
CAMBRIDGE, MA – September 21, 2010 - Akamai Technologies, Inc. (NASDAQ:AKAM, news, filings), the leading provider of cloud optimization services, has been recognized by the Carbon Disclosure Project (CDP), which represents 534 institutional investors with $64 trillion in assets under management, for its approach to climate change disclosure.
Akamai is featured in CDP's recently released "Carbon Disclosure Leadership Index." This index, a key component of CDP's 2010 S&P 500 Report that was released September 20, 2010, highlights the constituent companies within the S&P 500 Index that have displayed the most professional approach to corporate governance in relation to climate change disclosure practices. Each company is evaluated on the basis of its climate change disclosure, and high scores indicate both good internal data management and an understanding of climate change related issues affecting the company.
The index, compiled by PricewaterhouseCoopers LLP (PwC) on behalf of CDP, provides an evaluation tool for institutional investors. In 2010, it covers 53 constituent companies of the S&P 500 Index, setting forth the results of its analysis of the responses to CDP's 2010 questionnaire, which focused on greenhouse gas emissions, emissions reduction targets and risks and opportunities associated with climate change.
"Akamai strives to measure and mitigate the environmental impact of our business operations while maximizing the financial and social benefits from sustainable business practices," said Paul Sagan, chief executive officer, Akamai. "Inclusion in this index is great validation of our commitment to corporate sustainability. With our focus on providing solutions to optimize the Internet, we will continue to leverage best practices for carbon management and network efficiency."
Paul Dickinson, Chief Executive of the Carbon Disclosure Project, commented:
"The Carbon Disclosure Leadership Index recognizes companies that demonstrate good internal data management practices for understanding greenhouse gas emissions, including energy use. Companies that make this index have also demonstrated clear consideration of how climate change is and will impact their business. As companies' understanding of climate change issues grows, they are better placed to take positive action to manage and mitigate its risks."
The S&P 500 Report including names of companies featured in the Carbon Disclosure Leadership Index can be found at www.cdproject.net.
"The Information Communications Technology (ICT) industry – the large and rapidly expanding sector in which we operate our businesses – must play a key role in building a more sustainable world by driving efficiencies across industries and around the globe," said Dr. Nicola Peill-Moelter, director of environmental sustainability, Akamai. "We are proud to be recognized by the CDP for our leadership role in measuring and minimizing the environmental impact of our business operations, and we plan to continue sharing the environmental, social and financial benefits of sustainability with our customers."
For more information about Akamai's sustainability initiatives please visit www.akamai.com/sustainability.
Akamai® provides market-leading, cloud-based services for optimizing Web and mobile content and applications, online HD video, and secure e-commerce. Combining highly-distributed, energy-efficient computing with intelligent software, Akamai's global platform is transforming the cloud into a more viable place to inform, entertain, advertise, transact and collaborate. To learn how the world's leading enterprises are optimizing their business in the cloud, please visit www.akamai.com and follow @Akamai on Twitter.
The Carbon Disclosure Project (CDP) is an independent not-for-profit organization holding the largest database of primary corporate climate change information in the world. Thousands of organizations across the world’s largest economies now measure and disclose their greenhouse gas emissions and climate change strategies through CDP, in order that they can set reduction targets and make performance improvements. This data is gathered on behalf of 534 institutional investors, with combined assets under management in excess of $64 trillion, as well as purchasing organizations and government bodies and made available for integration into business and policy decision making. For more information visit www.cdproject.net