Carbon Disclosure Project: SUEZ Honored for its Disclosure on Climate Change

PARIS, October 5  /PRNewswire-FirstCall/ -- SUEZ has been recognized among the top companies worldwide for its approach to climate change disclosure by the Carbon Disclosure Project.

The Carbon Disclosure Project (CDP) gathers more than 315 global institutional investors with a combined $41 trillion of assets under management. The CDP report is based on a survey of the responses of Financial Times 500 corporations on the issue of climate change.

SUEZ was included in the Climate Disclosure Leadership index, a prestigious honor roll for global corporations addressing the challenges of climate change.

The CDLI is produced by report writers Innovest. It comprises 68 FT500 companies that show distinction in their responses to the CDP survey.

"We are convinced that climate change is a major challenge for humanity in the coming decades," said Gerard Mestrallet, CEO of SUEZ. "The Group's strategy is based on diversifying power production to include nuclear, coal, gas, hydraulic, wind turbine, biomass, etc., and promoting the rational use of energy. Thus, it is entirely possible to address climate change issues without jeopardizing our profitability."

According to CDP Chief Executive Paul Dickinson, "SUEZ has set itself apart from its peers by disclosing the information required by investors to judge its readiness for the challenges and opportunities posed by climate change."

The Carbon Disclosure Project is a special project of the Rockefeller Philanthropy Advisors in New York. The group of investors is not a legal entity and the Carbon Disclosure Project has no authority to make any other statement on behalf of the participants. Full details on CDP, the CDP reports and the responses from corporations can be found at http://www.cdproject.net/. The dCDP5 report was written by Innovest Strategic Value Advisors http://www.innovestgroup.com/

An international industrial and services Group, SUEZ designs sustainable and innovative solutions for the management of public utility services as a partner of public authorities, businesses and individuals. The Group aims to meet essential needs in electricity, natural gas, energy services, water and waste management. SUEZ is listed on the Brussels, Luxembourg, Paris, and Zurich stock exchanges and is represented in the major international indices: CAC 40, BEL 20, DJ STOXX 50, DJ EURO STOXX 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and ASPI Eurozone. The Group employs 140,000 people worldwide and recorded revenues of EUR 44.3 billion in 2006, 89% of which was generated in Europe and North America.

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  This press release is also available on the internet: http://www.suez.com/

DATASOURCE: SUEZ



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