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Financial Institutions Managing $142 Trillion Demand Enhanced Climate and Nature Data; CDP Launches New Disclosure Platform

New disclosure platform unveiled to unlock faster action, harmonize global standards and make disclosure more efficient
  • A record 75,000 companies asked to disclose environmental data through CDP
  • CDP’s new corporate questionnaire aligns with the ISSB (IFRS S2) climate standard as the foundational global baseline and brings forests, water, biodiversity and plastics issues together in one questionnaire and dataset.
  • New CDP analysis released today shows that most disclosing companies are already well prepared, with nearly 60% of listed companies already responding to the vast majority of questions in CDP’s questionnaire aligned with IFRS S2.
  • Majority of companies say disclosure through CDP enables them to understand environmental impacts, drive climate action, increase ambition, reduce risk, meet regulatory requirements and implement best practice.
Resources: https://esgnews.com/financial-institutions-managing-142-trillion-demand-enhanced-climate-and-nature-data-cdp-launches-new-disclosure-platform/

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