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Cabka Receives B Score in Second CDP Climate Assessment
Globenewswireยท 2025-04-30 06:00
Core Insights - Cabka N.V. achieved a B score in the 2024 CDP climate assessment for the second consecutive year, highlighting its commitment to sustainability and climate change management [1][2] - The CDP assessment is recognized globally as a standard for measuring corporate climate performance, with over 22,000 companies evaluated in 2024 [1] Company Overview - Cabka specializes in transforming hard-to-recycle plastic waste into innovative Reusable Transport Packaging (RTP), contributing to sustainability in logistics [5][6] - The company is listed on Euronext Amsterdam under the CABKA ticker since March 1, 2022 [7] Sustainability Efforts - Cabka's sustainability strategy includes using recycled materials and designing products for reuse and recyclability, which minimizes waste and resource consumption [2] - The company is focused on decarbonization efforts, including transitioning to renewable energy, which is expected to enhance its performance in future disclosures [2] Industry Position - Cabka is recognized as a leader in the industry for its integrated approach to recycling and manufacturing, effectively closing the loop from waste to end-products [6] - The company possesses unique industry knowledge and capabilities to maximize the use of recycled plastics, ensuring attractive returns [6]