CDP has joined the Green Finance Platform as a new partner in green finance knowledge.
CDP is an international non-profit that drives companies and sub-national governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. CDP runs the only global disclosure system for companies, cities, states and regions to measure and manage their environmental impacts and for investors or purchasers to access environmental information for use in financial decisions.
Through their offices and partners in 50 countries, CDP is recognised globally for building the most comprehensive collection of self-reported environmental data in the world. CDP’s network of investors and purchasers, representing $106 trillion, along with policymakers around the globe, use their data and insights to make better-informed decisions. Over 8,400 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2019. This is in addition to the over 920 cities, states and regions who disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change.
CDP works towards mandating regulatory disclosure and this requires board level engagement and a cultural shift. CDP has incorporated TCFD recommendations into CDP questionnaires through its move to sector-based reporting in the 2018 disclosure cycle, with the aim to be the knowledge source to track TCFD-compliant companies.
CDP is also at the forefront of ground-breaking new initiatives like science-based targets, sector-specific climate assessments and carbon pricing toolkits which will help companies and cities to plan for a sustainable future. To unlock opportunities and building resilience in the transition to a low-carbon economy, CDP also drives collaboration between investors and companies, city authorities and local businesses, and corporations and their suppliers.
Visit CDP Asia Pacific Linkedin page to find out more.