Tessy Plastics to Receive ‘A’ Rating for Carbon Disclosure Project 2020
Tessy Plastics Among an Elite Group of Companies receiving an ‘A’ for Third Year in a Row
Skaneateles, New York, December 8, 2020: Tessy Plastics has been recognized for leadership in corporate sustainability by global environmental non-profit CDP, securing a place on its prestigious ‘A List’ for tackling climate change.
Tessy Plastics was recognized for its actions to cut emissions, mitigate climate risks and develop the low-carbon economy, based on the data reported by the company through CDP’s 2020 climate change questionnaire.
Tessy Plastics is one of a small number of high-performing companies out of 5,800+ that were scored. Through significant demonstrable action on climate, Tessy Plastics is leading on corporate environmental ambition, action and transparency worldwide.
CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2020, over 515 investors with over US$106 trillion in assets and 150+ major purchasers with US$4 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform. Over 9,600 responded – the highest ever.
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. Those that don’t disclose or provided insufficient information are marked with an F.
Tessy Plastics Owner and President, Roland Beck, states, “We have come a long way in the past ten years and it is truly remarkable how we are now recognized as a leader in corporate sustainability. It is not only important to us, but to our customers, suppliers, and vendors that we provide sustainable quality-driven solutions across the board. Our Environment, Health, and Safety team has paved the way to make conscious decisions and take action to reduce our operations carbon footprint. I am very proud of the efforts put forth and I look forward to raising the bar even higher allowing us to redefine the corporate sustainability standard. As we continue our sustainability journey, it is my hope that others will follow in our footsteps to cut emissions and mitigate climate risks.”
Paul Simpson, CEO of CDP, said: “We extend our congratulations to all the companies on this year’s A List. Taking the lead on environmental transparency and action is one of the most important steps businesses can make, and is even more impressive in this challenging year marked by COVID-19. The scale of the risk to businesses from climate change, deforestation and water insecurity is enormous, and we know the opportunities of action far outweigh the risks of inaction. Leadership from the private sector will create an ‘ambition loop’ for greater government action and ensure that global ambitions for a net zero sustainable economy become a reality. Our A List celebrates those companies who are preparing themselves to excel in the economy of the future by taking action today.”
The full list of companies that made this year’s CDP A List is available here, along with other publicly available company scores: https://www.cdp.net/en/companies/companies-scores
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Note to editors
The full methodology and criteria for the A List is available on CDP’s website at: https://www.cdp.net/en/companies/companies-scores
The page currently shows last year’s scores and will be updated at the embargo time.
About Tessy Plastics
Founded in 1973, Tessy Plastics is a global contract manufacturer headquartered in Skaneateles, NY, specializing in injection molding and custom automated assembly solutions. We have facilities in New York, Pennsylvania, and China. All of our facilities are FDA/GMP compliant and add up to more than 1.7 million square feet, including 291,000 square feet of ISO Class 7 & 8 clean room manufacturing. Through comprehensive engineering, and research & development, we provide superior quality and speed to market. Supplying to Medical, Pharmaceutical & Diagnostics, and Consumer markets allows us to leverage our expertise over a wide range of products. Our capabilities include product design & development, rapid prototyping, tool design & build, medical automation design & build, plastic injection molding, and complex medical & consumer assembly.
CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$106 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 9,600 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2020. This is in addition to the hundreds of cities, states and regions who have disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP is a founding member of the We Mean Business Coalition. Visit https://cdp.net/en or follow us @CDP to find out more.