CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. On 7 December, companies that have disclosed their response to CDP’s climate change, forests and/or water security programs can log in to view their 2021 score(s) and access their score report(s) on the Scores and Responses section of the corporate dashboard.
Earlier this year, 168 investors with US$17 trillion of assets including Amundi, Aviva, Cathay Financial Holdings, HSBC Global Asset Management, Legal and General Investment Management, M&G Investments, Nuveen, Schroders and Union Investment urged companies with a high environmental impact to disclose data through CDP. The Non-Disclosure Campaign aims to increase disclosure among companies that have either never disclosed, or stopped disclosing.
The objective of the campaign is to drive further corporate transparency around climate change, deforestation and water security, by encouraging companies to respond to CDP’s disclosure request. The majority (58%) of the companies were selected by investors to be part of this campaign to disclose their impact on climate change. Nearly a quarter (21%) were asked to disclose on at least two themes from climate change, forests or water security.
The day following the announcement of the 2021 results, Wednesday 8 December, CDP is conducting an online session featuring its transition plan experts to introduce the transition-focused changes in the 2022 climate change questionnaire and introduce the key elements and principles of a credible transition plan. During the session, CDP's technical experts will introduce the transition-focused changes to the 2022 climate change questionnaire and take a deep dive into its recently released discussion paper on credible transition plans.