Kesko again at the top in the Nordic Climate Disclosure Leadership Index

KESKO CORPORATION PRESS RELEASE 15.10.2014 AT 13.15 1 (2)

Kesko has received recognition for its climate change reporting and is now included in the Nordic Climate Disclosure Leadership Index for the fourth consecutive time. Kesko improved its score to 99 points. Kesko's and K-stores' determined climate work is based on the long-term commitments and energy efficiency objectives of Kesko's responsibility programme.
 

The Nordic Climate Disclosure Leadership Index (CDLI) is based on Nordic listed companies' responses to an extensive inquiry on their greenhouse gas emissions, emission reduction targets, and the risks and opportunities associated with climate change.

High scores indicate good data management and an understanding of climate change issues related to the company. Kesko is at the top of the index for the fourth consecutive time and improved its score to 99 points (on the scale of 0-100).

"It is great that in hard competition we are able to further improve our level in global comparisons. The Nordic Climate Disclosure Leadership Index gives important information on companies' actions on climate change mitigation to different stakeholders. The improvement of energy efficiency provides significant benefit to our business operations, partners and customers," says Kesko's President and CEO Matti Halmesmäki.

Energy efficiency in retail stores and transportation

Kesko's responsibility programme contains both short-term and long-term objectives up to 2020 for Kesko's and the whole K-Group's operations. The mitigation of climate change is one of the key objectives of the responsibility programme.

Kesko has signed the trading sector energy efficiency agreement and committed to improving its annual energy efficiency by 65 GWh by the end of 2016 through various actions. By the end of 2013, Kesko had improved its energy efficiency by 58.9 GWh and achieved 91% of the objective.

Stores' energy-efficient solutions, such as lids and doors of refrigeration equipment, recovery of condensation heat, refrigeration units using carbon dioxide, and adjustable and directional lighting, generate significant energy savings. In Keslog's transportation, energy consumption is reduced with the economical driving style, route planning and two-tier trailers.

The Veturi shopping centre in Kouvola was awarded a BREEAM Very Good environmental certificate in autumn 2013. The Kodin1 department store for interior decoration and home goods, which was completed in Raisio in spring 2013, is the first passive commercial building in the Nordic countries.

Further information available from Matti Kalervo, Kesko's Vice President, Corporate Responsibility, tel. +358 50 306 4081.

More information about Kesko's responsibility work and its results:
http://corporateresponsibility2013.kesko.fi .

Kesko in sustainability indices:
http://www.kesko.fi/en/Investors/Share-information/Equity-indices/Sustainability-indices/
Kesko (www.kesko.fi) is one of the Global 100 Most Sustainable Corporations in the World. We are a retail specialist whose chains have about 2,000 stores in the Nordic and Baltic countries, Russia, and Belarus. Our stores offer quality to the daily lives of consumers.

The Nordic Climate Disclosure Leadership Index comprises 189 companies and the index is a central part of CDP's (www.cdp.net) annual Nordic 260 report.

This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kesko Oyj via Globenewswire
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