January 22, 2020

TESSY PLASTICS ONLY PLASTIC PRODUCT MANUFACTURING COMPANY TO RECEIVE ‘A’ RATING FOR CARBON DISCLOSURE PROJECT

Tessy Plastics Among an Elite Group of Companies receiving an ‘A’ for Second Year in a Row

Skaneateles, New York, January 22, 2020: Tessy Plastics has been commended for its climate action this year, achieving a place on global environmental impact nonprofit CDP’s prestigious ‘A List’ for climate change, based on the company’s climate disclosure in 2019.

Tessy was recognized for its actions to cut emissions, mitigate climate risks and develop the low-carbon economy, based on the data submitted by the company through CDP’s 2019 climate change questionnaire. Tessy is one of a small number of high-performing companies out of thousands that were scored.

CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2019, over 525 investors with over US$96 trillion in assets and 125 major purchasers with US$3.6 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform and over 8,400 responded.

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 do not disclose or provide insufficient information are marked with an F.

Tessy Plastics Vice President and General Manager, Joe Raffa, states, “When looking back on our first CDP submission in 2010, it is amazing to see the progress that we have made over the past nine years. Now, we have received an ‘A’ rating for the second year in a row and I could not be more proud. Our Environment Health and Safety team has worked diligently in compiling the data to uphold our commitment to lowering emissions and preserving the environment. I look forward to continuing these sustainability efforts, and hope that more companies contribute to the Carbon Disclosure Project in the future.”

Bruno Sarda, President of CDP North America, said: “Congratulations to Tessy for earning a spot on this year’s Climate A List – they are a model for true corporate sustainability leadership. Climate change is an undeniable business risk if unaddressed and we must transition to a low-carbon economy now to avoid the worst impacts. A List companies know sustainability presents an exciting race to the top, an opportunity to innovate and rethink business as usual, proving that environmental responsibility simply makes good business sense.”

The Climate Change A List is published by CDP each year, alongside the A Lists for leadership on protecting forests and water security.
The full list of companies that made this year’s CDP Climate Change ‘A’ List are available here, along with other public company scores:  https://www.cdp.net/en/companies/companies-scores

 

# # #

Note to editors

The full methodology and criteria for the Climate Change A List are available on CDP’s website at: https://www.cdp.net/en/guidance/guidance-for-companies under ‘CDP scoring methodologies 2019’.

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, Virginia, Pennsylvania, and China. All of our facilities are FDA/GMP compliant and add up to more than 1.6 million square feet, including 135,000 square feet of ISO Class 7 & 8 clean room manufacturing. Through comprehensive engineering and research & development, we provide superior quality and speed to market.  Contributing to both Medical and Consumer markets allows us to leverage our expertise over a wide range of products. Our capabilities include everything from product concept development and prototyping to manufacturing, packaging, and global distribution.

About CDP

CDP is a global nonprofit 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$96 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 8,400 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2019. This is in addition to the over 920 cities, states and regions who 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.