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CDP Reports Surge in Companies Disclosing Environmental Data as Mandatory Reporting Nears

ESG Today

Climate research provider and environmental disclosure platform CDP announced today that more than 18,700 companies disclosed environmental data through CDP this year, marking an increase of more than 40% over the prior year. Mercedes Tallo, Chief Stakeholder Officer at CDP, said: “This is a landmark year for environmental disclosure.

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Water scarcity: A growing risk for companies and investors

GreenBiz

In 2018, CDP analyzed a group of 296 companies that had consistently responded to its requests for water data. Of this group, 75 percent reported exposure to water risks — which include operational, regulatory, reputational and financial — compared to 70 percent in 2015.

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Four tips to Optimise Your CDP Score

Greenstone

CDP disclosure is driving corporate transparency and helping to guide, incentivise and assess climate action. In 2021, a record-breaking 13,000+ companies representing over 64% of global market capitalization disclosed through CDP – 35% more than 2020, and over 141% more than when the Paris Agreement was signed in 2015.

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The biggest carbon losers

Corporate Knights

Most of these reductions were made from 2015 to 2021 when Enel shut down some 40 of its 50 coal power plants fast and furiously (from 31% of generation capacity to 6%). Source: Corporate Knights, CDP Note: percentages for “How GHG reductions were achieved” may not add up to 100% due to rounding. Divestments (9%).

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Electrolux Reports 78% Reduction of Greenhouse Emissions in Operations - Four Years Ahead of Plan

3BL Media

DESCRIPTION: By the end of 2021, Electrolux had reduced its absolute scope 1 and 2 greenhouse gas emissions (direct and indirect in operations) by 78% compared to 2015. Tweet me: By the end of 2021, @electrolux had reduced its absolute scope 1 and 2 greenhouse gas emissions by 78% compared to 2015, four years ahead of its 2025 plan.

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$37 Trillion Group Calls on 1,000 Businesses to Set Science-Based Climate Targets

ESG Today

Laurent Babikian, Joint Global Director Capital Markets at CDP, said: “The past few months of extreme weather have again shown us what a warming world does at 1.2 It will get catastrophically worse unless we see an unprecedented reduction in GHG emissions – 50% in the next eight years – to allow us to cap the rise at 1.5

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ESG investments: Exponential potential or surfing one wave?

GreenBiz

CDP is widely respected among asset managers, and there is growing interest in the efforts of the Global Reporting Initiative-Sustainability Accounting Standards Board to arrive at a simpler, sector-specific, financially relevant set of performance metrics.