📢 Discover our latest insights and updates in the June CDP Bulletin 📰 Inside this month's edition: ➡️ Catch up on the Global Disclosure Dialogue 🚀 Why climate transition plans are business-critical 📚 New blogs 📰 CDP in the news Subscribe for CDP’s top headlines every month.
CDP
Environmental Services
London, London 144,352 followers
We run the global environmental disclosure system for business & subnational governments. Voted #1 for climate research.
About us
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 680 financial institutions with over $130 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Nearly 20,000 organizations around the world disclosed data through CDP in 2022, including more than 18,700 companies worth half of global market capitalization, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative. Visit cdp.net or follow us @CDP to find out more. If you think that you could join one of our teams to support raising disclosures, please have a look at our current job vacancies on our careers page: cdp.net/en/info/careers
- Website
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http://www.cdp.net
External link for CDP
- Industry
- Environmental Services
- Company size
- 51-200 employees
- Headquarters
- London, London
- Type
- Nonprofit
- Founded
- 2000
- Specialties
- Global environmental reporting system, Measure, disclose and manage environmental information, Climate Change, Climate change, water and forest-risk reporting, and Climate change, water and forest-risk data
Locations
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Primary
4th Floor, 60 Great Tower Street
London, London EC3R 5AZ, GB
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10th Floor
6 West 48th Street
New York,, NY, 10036, US
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c/o WeWork
Potsdamer Platz - Kemperplatz
D-10117 Berlin, DE
Employees at CDP
Updates
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Semiconductors require huge amounts of water, and extreme weather events are forcing electronics companies to adapt. We spoke to United Microelectronics Corporation (UMC) about why investing in a water-secure future is vital to the sustainability of global supply chains. Through disclosure, companies can access capital, increase efficiency and maintain compliance. Explore the portal to see what's new in 2024 and prepare to disclose: https://lnkd.in/dzNSu8xx For more information on water risks and opportunities facing investors, explore our new knowledge hub: https://lnkd.in/dUR3PQNb
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📣 Having worked closely with the UK Transition Plan Taskforce, CDP welcomes the news that the ISSB is exploring implementing the Taskforce’s guidance into its standards. With nearly 50% more companies reporting climate transition plans through CDP in 2023, it’s clear that they are fast becoming crucial tools for companies to build and maintain confidence with stakeholders. And our analysis shows that companies consistently disclosing climate data through CDP are more likely to be developing detailed, credible, and effective transition plans.
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Excited to announce the launch of the CDP and Boston Consulting Group (BCG) 2023 Supply Chain Report! Our latest report uncovers critical insights into Scope 3 emissions, revealing that supply chain emissions are on average 26 times higher than operational emissions. This highlights the urgent need for comprehensive management and strategic action. Key findings include: ➡ Corporates with an internal carbon price that is mandated for all business decisions are 4.1x more likely to have a 1.5°C-aligned transition plan with a Scope 3 target (upstream). ➡Corporates with climate-responsible board are 4.8x more likely to have a 1.5°C-aligned transition plan with a Scope 3 target (upstream). ➡Corporates that engage with suppliers are 6.6x more likely to have a 1.5°C-aligned transition plan with Scope 3 target (upstream). This report is essential for organizations committed to reducing their environmental impact and to align with global sustainability goals. Disclosing actionable data is essential for increasing access to capital, driving business efficiency and ensuring compliance. Every organization must be guided by data to understand the environmental risks they face and take urgent action if they are to thrive. Dive into the full findings and discover how your organization can lead in sustainability here: https://lnkd.in/e2sdWfJ4
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📢 Almost 2,000 high-impact companies are being targeted to report on climate, forests and water through CDP by 276 global financial institutions representing over US$ 21 trillion in assets. Our annual CDP Non-Disclosure Campaign launches today. Financial institutions are requesting environmental data from the highest impact companies, globally, that have not responded to previous CDP disclosure requests. Companies targeted through the campaign are more than twice as likely to disclose their environmental impacts. In 2024, demand for water data has increased – rising by 122% compared to last year, with more than 1,000 companies requested to disclose on water. Rising financial costs associated with water related risks mean financial institutions are gradually making a stronger demand for corporate transparency on water. In 2024, we’ve made exciting changes to our corporate questionnaire and disclosure Portal to streamline reporting and enable holistic environmental disclosure, generating the most comparable, comprehensive, decision-useful data. Learn more about the campaign and find out how to disclose: https://ow.ly/Jwmm50So7Kr #CDPNonDisclosure
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We are excited to be partners of #ClimateInvestmentSummit 2024! Join us on 26 June for solutions-oriented discussions on ensuring an #energysecure and #sustainable future for all 🌍 The discussions will include: ♻️ #CleanEnergy 🌿 #FinanceForNature 📊 #ESG Reporting 🌱 Emerging and Developing Markets (#EMDE) Register today bit.ly/CIS2024Register #CIS2024 #WorldClimateFoundation #LCAW
🌍 We are just 1 month away from this year’s #ClimateInvestmentSummit! 🌱 📅 Mark your calendars for June 26th, as we gather at the London Stock Exchange to make a real impact towards #greemeconomy. #CIS2024 is bringing together key players from the public and private sectors to drive investments in #CleanEnergy and #ClimateSolutions. 🤝 In partnership with the Climate Investment Coalition and LSEG (London Stock Exchange Group), this Summit is all about leveraging public-private partnerships to boost #ClimateFinance. With #COP29 around the corner in Baku, now is the perfect time to join forces for a sustainable future. 🔋 Don't miss out on this crucial event to advance climate finance with insights from trends and strategies. Apply to attend in person➡️ bit.ly/CIS2024InPerson Join us digitally🔗 bit.ly/CIS2024Digital #SustainableFuture #SustainableFinance #ClimateAction #GreenInvestments
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💧New CDP Report: Navigating Troubled Waters The financial sector is deeply exposed to water risks but not enough is being done. Directors of financial institutions have a duty to act with care, considering risks to nature as foreseeable and material. CDP’s new briefing, written by Annabel Nelson, provides clear and concise recommendations for boards to act on water issues now. Read here: https://lnkd.in/ewEsAGQU Thanks to: James Alexander, UK SUSTAINABLE INVESTMENT AND FINANCE ASSOCIATION Rebecca Lea, Association of British Insurers Jenni Ramos, Commonwealth Climate and Law Initiative (CCLI) Helen Avery, Green Finance Institute Michael Marks and Alexander Burr, Legal & General Investment Management (LGIM)
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Climate transition plans are no longer a nice to have. They are necessary to gain access to capital, ensure business efficiency, comply with regulation and support a transition to net-zero. Don't forget to check out the deep dive of insights into how companies are performing: https://bit.ly/3xjuw1D
New Report 📢 Today marks the launch of CDP's annual assessment of climate transition plan disclosure. As ever, this year's report takes a dive into the current state of play from corporates around the world, assessing over 23,200 organizations across 129 countries. 🌍 You can take a look at the report here: https://bit.ly/3xjuw1D We are beginning to see some promising trends in our assessment. 🌅 For example: ✅ 1 in 4 corporates are disclosing through CDP that they have a 1.5°C-aligned climate transition plan in place – an increase of 44% since last year . ✅ 36% of corporates disclosed the intention to develop a plan within two years. ✅ Corporates listed on public markets are beginning to lead the way in credible climate transition plan disclosure. ✅ There is general a convergence across leading standards and frameworks on the key indicators of a credible climate transition plan. The advocate within me pushes me to highlight that while 40% of corporates disclosed sufficient details of their plans against two thirds of CDP's climate transition plan key indicators, only 2% did against all indicators. ❌ We still have some way to go. It is absolutely essential for CDP's disclosers to engage with this report and other transition plan material to better understand what some of the key barriers are to developing and disclosing a transition plan. ❗ Importantly, the report highlights the value of repeat disclosure via CDP as a tool to drive sustainable best practice, transition-relevant action, and alignment with the world's most relevant standards and frameworks🔁 Credible climate transition plans are a crucial tool for our collective mission in preventing our planet from warming to extreme and dangerous levels. Credible planning is a pre-requisite to doing business in a sustainable fashion which supports access to capital and compliance with new and emerging regulatory asks. 📣 Please share this report with your colleagues and network to support our move to a more sustainable economy. 📈 A huge and massive thanks my wonderful CDP colleagues for working on this report. Without your help, exciting ideas, passion and tireless work ethic this report would not be possible. I will undoubtedly miss a few people but here it goes, Maddy Bravery; Edan McHugh; Ariella Shamir; Flávia Bedicks; Amir Sokolowski; Emma Chandler,Ben Simpson and many more! 👏
Climate Transition Plans
cdp.net
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📢 Introducing CDP's new Financial Sector Water Knowledge Hub. The climate and water crises are inextricably linked, and the potential financial impact of water risk is over $500 billion. Financial institutions play a key role in managing these risks, and must take action to understand and analyze the impacts of water security in their portfolios. Explore the unique wealth of resources in our knowledge hub to learn more about the importance of disclosure and transparency. Hear from semiconductor company United Microelectronics Corporation (UMC) on why continued investment in water is essential to their business, and how the water crisis threatens the supply of chips which power the global economy. Explore the knowledge hub here: https://ow.ly/PjlU50SlLSa
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When thinking about disclosing on their environmental impacts, the scope of CSRD can seem overwhelming for companies. Next week, Sandra Drößigk from the CDP Reporter Services team joins CDP Accredited Solutions Provider, EcoOnline, in discussing the synergies between CSRD and CDP and how a software platform can help create efficiencies when disclosing to either or both.
With the CSRD deadline for many companies now on the horizon, and with the CDP reporting window now open, this insightful webinar will examine the two reporting frameworks, why they're important, and how they overlap. Additionally it will look at how a software platform can save you time on your reporting - not just providing a place to collect data but also making it easier to get the answers in the first place. This free webinar is on Wednesday 26 June at 2pm (CEST) / 1pm (BST). Register here: https://hubs.ly/Q02Bm1cD0 #CDP #CSRD