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The latest insights from CDP, the global environmental disclosure system
Climate change increases the likelihood of future shocks and disruptions and the COVID-19 crisis makes the importance of building resilience clearer than ever. This starts with measuring and managing environmental risks. The transparent sharing of data is an essential part of the net-zero by 2050 journey and a critical step ahead of COP26. In 2020, over 10,000 companies, cities, states and regions disclosed through CDP. With the 2021 CDP disclosure cycle now open, we urge stakeholders to take part and help build a resilient, thriving economy.
The 2021 disclosure cycle is now open
In a critical year for environmental action, now is the time to disclose. Despite being on the frontlines of the COVID-19 pandemic, 812 cities disclosed their climate and environmental data through the CDP-ICLEI Unified Reporting System in 2020. The number of businesses disclosing through CDP reached a record 9,600+, and the business benefits are clear. Start reporting to measure, manage and mitigate risks and seize the opportunities of environmental action.
Why disclosure is essential to corporate environmental leadership
To address the climate and ecological emergency head on, our CEO Paul Simpson discusses how disclosure is increasingly demanded by capital markets and is now an expected business norm.
The Time to Green Finance
Our new report, The Time to Green Finance, is CDP's first ever analysis of financed emissions based on data disclosed through our pilot questionnaire in 2020. Our analysis that financial institutions are vastly underestimating their climate-related risks – with a potential financial impact of over US$1trillion. With portfolio emissions on average 700 times larger than direct emissions, it’s time to finance the transition to a net-zero, sustainable economy.
New partnership with Breakthrough Energy will spur large scale investments in new climate solutions
Breakthrough Energy, the Bill Gates-founded network accelerating climate innovation, has partnered with CDP to develop the Catalyzed Emissions Reduction Framework, helping quantify the climate value of investments which develop technologies favorable to net-zero by 2050.
Major companies increasingly putting a price on carbon
A new report from CDP surveying close to 6,000 companies finds that corporate accounting for the cost of carbon is rising, increasing 80% over just five years. Nearly half of the world’s 500 biggest companies are now factoring carbon accounting into their business plans, including Microsoft, Ørsted and Mitsubishi Corporation.
As climate action accelerates, what role should carbon offsetting play?
With net-zero by 2050 becoming the norm as society seeks to reduce emissions rapidly, Alberto Carrillo Pineda (Director, Science Based Targets, CDP) explores where tools like carbon offsets fit on the road to decarbonization.
Ambitious decarbonization is possible - and other lessons learned at the CDP Europe Awards 2021
In the first online CDP Europe Awards, CEOs, mayors, policymakers, and investors discussed how we can ramp up climate action while building a genuinely green recovery. CDP’s team in Europe outlines the main talking points and how collaboration is crucial if we want to reach the Paris Agreement and deliver on the European Green Deal.
Looking to improve disclosure? CDP and its accredited solution providers can help
As the 2021 disclosure cycle kicks off, CDP and its accredited solutions providers can help as you begin to measure, manage and disclose your environmental impacts across climate, forests and water security.
CDP in the news
In a video interview for CNBC, Paula DiPerna (Special Advisor, CDP) discusses the cooperation and rivalry between the US and China on climate change – and why it may be a good thing.
The new partnership between CDP and Bill Gates’ Breakthrough Energy to accelerate climate innovation was covered by Bloomberg.
Simon Fischweicher (Head of Corporations and Supply Chains, CDP North America) was interviewed in the New York Times on the climate impact of Tesla’s “Gigafactory” in Nevada.
CDP’s carbon pricing report, which found a substantial increase in companies putting a price on carbon, was covered by a range of outlets, including the Financial Times, POLITICO, edie and Environmental Finance.
In a special article entitled “Cities Are Our Best Hope for Surviving Climate Change”, Bloomberg quotes CDP figures on the progress cities have made since the Paris Agreement was signed in 2015.
Events
CDP 2021 Disclosure Workshop Series
Taking place from May-June, the CDP 2021 Disclosure Workshop Series will range from multi-stakeholder thought-leadership panels to capacity-building sessions led by CDP's technical experts. From transparency to transformation, learn how disclosure can support your journey to environmental leadership in 2021 and beyond.
CONSULT OUR WORKSHOPS PAGE TO SEE THE FULL SERIES AND REGISTER
4 May 2021
Reporting to the Global Covenant of Mayors in 2021
Uniting a global coalition of more than 10,000 cities and local governments, the Global Covenant of Mayors invites interested parties to learn about reporting inventories and running through the tools and guidance provided by the CDP-ICLEI Unified Reporting System.
4 May 2021
Evolution of Global Renewable Energy Strategies – A Joint Webinar with CDP and 3Degrees
Organizations are increasingly looking for strategies to keep pace with their evolving climate goals, including setting renewable energy goals to reduce their Scope 2 emissions. Sak Nayagam, Sr. Director, Energy and Climate Practice at 3Degrees, talks to Mondelēz International’s Sr. Manager of Global Environmental Programs, Erika Vasconcellos, about the company’s renewable energy commitments and how their strategy is shifting as they look to the future.
5 May 2021
