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No images? Click here The latest insights from CDP, the global environmental disclosure systemIn 2022, we scored nearly 15,000 companies on their climate change, forests and water security disclosures. Over 330 made the A List, with just 12 (1.3% of the 900+ companies requested to disclose against all three questionnaires) awarded a Triple A across the three areas. Learn more about how a CDP score works here. Too many companies are still failing to disclose. More than 29,500 companies, worth at least US$24.5 trillion in market capitalization, scored an F for failing to respond to disclosure requests from their investors and clients or providing insufficient information in their responses. In a year of ever-increasing extreme weather and environmental disasters around the world, transformation is vital – and companies must step up to the challenge. Read on to catch up with the latest blogs from CDP, plus highlights from the year. The COP27 agreement is far from a plan for implementation, but non-state actors can help bridge the gapsCOP27 was touted as the ‘implementation’ COP – one that finally went from commitment to action, in order to accelerate the transition to a net-zero future. Hopes were high for securing finance, a long-awaited global agreement on the future of fossil fuels, and attention on the strong links between climate and other environmental issues. Here are CDP’s key takeaways. READ THE BLOGWhat might COP15 mean for financial institutions?Financial markets have a critical role in nature and biodiversity loss. Their exposure to nature-related risks, and their impact on nature, come almost entirely from the activities they finance or insure in the wider economy. Financial institutions must recognize that they must manage and take responsibility for the impacts of their decisions on people and the planet. READ THE BLOG21 European cities made it on to CDP's A List. What can we learn from them?Cities are a pivotal piece of the puzzle in tackling climate change and without them global action simply won’t be effective. This year’s criteria has been stricter than ever, with only cities with substantial mitigation and adaption measures being awarded an A. Here are five highlights from this year’s A List. READ THE BLOGA snapshot of Africa’s urban climate finance needsCDP’s first Africa-focused infrastructure report shines a spotlight on the key areas of need and opportunities for investors to help meet those needs. READ THE BLOGWhat does CDP’s incorporation of the ISSB climate disclosure standard mean for European companies?At COP27, CDP announced that our disclosure system will incorporate the International Sustainability Standards Board’s (ISSB) climate standard in our questionnaires from 2024. See how this will reduce the reporting burden for the nearly 20,000 companies – including over 5,800 in Europe – currently disclosing through CDP. READ THE BLOGCDP launches its government dashboard, an interactive tool for policymakersWe sat down with Pietro Bertazzi, Global Director Policy Engagement and External Affairs to find out more about the CDP government dashboard, and the exciting benefits this tool will bring to partners and policy makers. READ THE BLOGCDP Partnerships Diversity and Equity Initiative - Two Years OnThe impacts of climate change, biodiversity loss and ecosystem collapse cannot be considered as separate to those of economic inequality and social injustice. See how the CDP Partnerships Team is making our accredited solutions provider program more accessible. READ THE BLOGCDP in 2022Three years into the decade of action, we’re working harder than ever to drive transparency and accountability for the world’s biggest emitters. Here are some highlights from a busy year at CDP. 18,700+ companies (a 38% increase since 2021), representing half of global market capitalization, and 1,100+ cities, states and regions disclosed environmental data through CDP.Plastics will be included in our 2023 questionnaire for the first time. In a first-of-its-kind review, CDP explored mandatory water disclosure to raise awareness of the global water crisis. ISSB standards will be incorporated into CDP disclosure from 2024. Our Missing the Mark report revealed the stark emissions gaps between countries. Our Policymaker Dashboard launched, giving governments a tool to access CDP data and track company targets. The US government announced that all federal contractors, with government contracts over US$50 million, must disclose environmental data through CDP and set science-based decarbonization targets.
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