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The latest insights from CDP, the global environmental disclosure system

The past couple of months have been marked by historic moments for environmental action. In May, a Dutch court ordered Shell to cut its value chain emissions 45% by 2030. CDP’s Carbon Majors report, which analyzed the carbon emissions of 100 corporations, was a key source in this case – demonstrating the importance of accurate and transparent data in driving accountability and action. This watershed moment reflects the growing pressure for corporations to take urgent environmental action. Measuring and managing environmental impacts through disclosing to CDP is a crucial step toward building a thriving economy that works for people and planet.

Cities on the route to 2030

As we mark a decade of cities disclosing climate data through CDP, there are less than ten years left to halve global emissions. Our new report, ‘Cities on the route to 2030’, reveals the huge progress in disclosure and action over the last decade – and where cities must now urgently ramp up their ambition and efforts to secure a resilient, green recovery from COVID-19, and a climate-safe future.

New Partnership with BNP Asset Management to accelerate corporate action on biodiversity

BNP Paribas Asset Management and CDP have partnered to develop a common, globally relevant biodiversity reporting framework. Global biodiversity is critically important to human health, economies and livelihoods. And yet, it is declining faster than at any other time in history. The partnership aims to accelerate corporate environmental disclosure and transparency.

Taking the temperature

A new report by CDP and the United Nations Global Compact on behalf of the Science Based Targets initiative finds that all leading market indexes of the G7 economies are currently on temperature pathways far from aligning with the climate goals set out in the Paris Agreement. The report highlights the need for the largest G7 companies to take ambitious climate action.

What role do companies have to play in protecting ecosystems?

This year's World Environment Day’s slogan, ‘Reimagine. Recreate. Restore’, was a call for action for all stakeholders to step up their efforts to restore damaged ecosystems and protect biodiversity. To mark World Environment Day, CDP’s Hugo Rosa de Conceicao (Senior Policy Officer) and Helen Finlay (Senior Global Policy Manager Forests) look at how businesses must strive to be active restorers of forests and other natural ecosystems.

Asia Pacific’s Race to Net zero

Despite the challenges of 2020, companies disclosing their environmental impacts through CDP reached record numbers globally. This included a nearly 20% increase from 2019 in the Asia Pacific region, with many companies responding to CDP for the first time. Pratima Divgi (Director of CDP Asia Pacific) explores the progress made on climate action in the region, as well as the areas where greater transparency and action is needed.

Are the new multilateral commitments on climate change sufficient to ensure the climate transition?

The G7 countries have a fundamental role to play in driving the transition toward a sustainable and resilient financial system globally. Pietro Bertazzi, CDP’s Global Director for Policy Engagement, explores the implications of the recent G7 summit for climate action and sets out three key recommendations for policy makers in the run up to COP26.

Investors urge corporate disclosure of environmental impacts through CDP’s annual Non-Disclosure Campaign

Through CDP’s Non-Disclosure Campaign, 168 global investors and financial institutions have urged companies to disclose their environmental impacts. The campaign attracted record levels of support from investors this year as the COVID-19 pandemic has highlighted to investors the importance of developing resilience against global systemic risks such as climate change.

How CDP aligned with the Accountability Framework to help make ethical supply chains a reality

As a proud member of the Accountability Framework Initiative’s (AFi) coalition, CDP is delighted to mark the two-year anniversary of AFi by showcasing the collaboration between our organizations. CDP’s collaboration with AFi helps companies in their efforts to prevent deforestation and protect forest ecosystems.

Looking to join global action towards Net Zero? CDP’s accredited solutions providers can support on your journey

This month, we saw global leaders taking steps in the right direction towards achieving net zero. In the lead up to COP26, global leaders are putting a focus on crucial climate change action and our accredited solutions providers can support you to do the same.

CDP in the news

The Guardian and Bloomberg both look at the findings of CDP’s latest report on city climate action, exploring the progress that has been made by cities in the fight against climate change and the barriers that must be overcome in order to increase resilience.

CDP’s Pedro Faria (CDP Strategic Advisor) comments on the historic ruling of a Dutch court against Shell in coverage from Reuters, arguing that it sends a strong signal that the public wants to see climate action from governments and companies alike.

Bloomberg, AssetNews, and Responsible Investor covered a new report from the Science Based Targets initiative analyzing the climate commitments of the companies that make up the leading market indexes of the G7 economies.

In a broadcast interview with Al Jazeera, Emily Kreps (Global Director of Capital Markets) discusses the crucial role that financial institutions must play in tackling climate change.

As more companies adopt carbon labels to show consumers the climate impacts of their products, The Washington Post speaks to Paula DiPerna (CDP Special Adviser) about the effectiveness and accuracy of these labels.

Events

Mobilized Ambition in Achieving NDCs: Enhancing Non-Party Stakeholder Contribution

As part of UNFCCC’s Asia Pacific Climate Week, CDP is hosting an event in collaboration with WRI Indonesia to explore how sub-national government, business, capital markets and other non-state actors can support governments to achieve ambitious nationally determined contributions (NDCs). The webinar will feature speakers from City Developments Limited, the University of Papua and others.

REGISTER HERE

6 July 2021