The latest insights from CDP, the global environmental disclosure system The COVID-19 pandemic presents a global challenge of unprecedented scale, and must be dealt with as an urgent priority. We also understand that companies’ and cities’ sustainability goals remain important, and we will continue to support them in addressing our global environmental challenges. Climate change increases the likelihood of future shocks and disruptions, and the current health crisis makes the importance of building resilience clearer than ever. Measuring and managing environmental risks is an essential part of this journey. | |
The 2020 disclosure cycle is now open By disclosing their environmental data through CDP, companies, cities, states and regions can monitor their environmental risks and impacts, and better understand the changes needed to help build a sustainable future. | |
The powerful link between environmental transparency and economic resilience The COVID-19 pandemic has revealed the interconnectedness of buyers, suppliers and capital providers, and the vulnerability of value chains to external shocks. In our latest blog post, Dexter Galvin and Emily Kreps make the case for comparable, transparent data in managing global challenges effectively. This is essential for the global health crisis and for tackling environmental problems. | |
The forests have raised the alarm Deforestation presents business risks, but companies can protect both the planet and their bottom line. CDP’s new video on corporate action on forests shows the power of disclosure in achieving a 1.5C, water-secure, deforestation-free world. Does your business see its impact on forests clearly? | |
Cleaning up their act The World Bank has identified water pollution as an ‘invisible crisis’ threatening societies and economies, but companies are not taking the risks seriously enough. Our latest CDP Global Water Report, written on behalf of 525 investors with US$96 trillion in assets, finds that companies must do more to tackle water pollution - and reveals the tangible business case for immediate action. | |
Don’t fear shifting climate goalposts – let them spark economic revival It is clearer than ever that businesses must operate sustainably, efficiently and with a heightened awareness of ‘mega risks’ such as a changing climate. Sara Law, Head of Global Initiatives, CDP North America makes the case for thinking ‘big’ and acting ‘big’ by setting science-based targets in line with a 1.5C future and working to achieve net zero. | |
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Elsewhere on the web CDP’s Dexter Galvin writes in Sustainable Brands on the parallels between COVID-19 and the climate crisis. He argues that data-driven strategies are the key to improving our resilience to future shocks.
Eight big investment groups have told the Financial Times that businesses must maintain their long-term focus on reducing carbon emissions, even as they grapple with the fallout of COVID-19. Similarly, Reuters reports that more than 60 German companies have signed a letter calling for state-aid in relation to COVID-19 to be tied to climate action.
A European ‘green recovery alliance’ has formed, with a call to mobilisation signed by MEPs, CEOs, business associations, NGOs and think-tanks. Bloomberg, Reuters, Politico and Euractiv report on the alliance which calls for economic recovery from COVID-19 to be tied to climate goals.
The COVID-19 pandemic combined with a price war, has led to a crash in the price of oil, FastCompany reports. What will this mean for investment in the fossil fuel industry? | |
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Events 5 May & 7 May: Join us for insights into how your company can tackle climate change with the ACT initiative (Iron & Steel, Agriculture & Agro-food and Generic sectors). Contribute your expertise by joining the Technical Working Group in developing the first accountability assessment of companies’ contributions to the low-carbon transition in your industry. Join the webinar to understand the benefits, timeline and requirements of the project! 5 May: 15:00 BST Register today. 7 May: 09:00 BST Register today.
7 May: Join us to learn how Scenario Analysis can be used within CSR disclosure. Our ‘Business Strategy and Scenario Analysis within CDP Disclosure’ webinar describe the purpose of scenario analysis, its importance in company strategy, and how companies can get started in using it. 15:00 BST Register today. | |
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