April 28, 2023by Sebastian Dürr

Carbon Disclosure Project (CDP)

Carbon Disclosure Project (CDP)

The Carbon Disclosure Project (CDP) is a global non-profit organisation encouraging companies, cities, states, and regions to disclose their environmental data, including carbon emissions, water usage, and forest conservation efforts. The CDP provides a platform for organisations to measure, disclose, manage, and mitigate their environmental impacts. The CDP operates on behalf of institutional investors, purchasing organisations, and governments, intending to drive transparency, accountability, and action on climate change and environmental sustainability. The organisation collects data from thousands of companies worldwide, and investors, businesses, and policymakers use the information to make informed decisions about climate-related risks and opportunities. Companies that disclose their environmental data through the CDP are assessed on their environmental performance and given scores and ratings, which are publicly available through annual reports and an online platform. In addition, the CDP provides guidance and resources to help companies improve their environmental performance and management practices. The Carbon Disclosure Project plays a key role in promoting environmental transparency, corporate sustainability, and climate risk management. It encourages companies to take action on climate change, reduce their greenhouse gas emissions, and adopt sustainable business practices to address the global environmental challenges.

Learn more about the CDP here.

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