Your need-to-know updates from CDP this month
CDP is the International Sustainability Standards Board (ISSB)’s key global climate disclosure partner, with 23,000 companies already disclosing in 2023. The ISSB’s climate standard is the foundational baseline for CDP’s climate disclosure.
If you're ready to fill out the CDP questionnaire, great news, you're well on the way to being able to comply with the ISSB requirements which are going to be rolled out into regulation all around the world. -Sue Lloyd, Vice-Chair of ISSB
At the Global Disclosure Dialogue 2024, Sherry Madera (CEO, CDP) and Sue Lloyd discussed the importance of aligning with global standards - catch up here:
The alignment of CDP’s 2024 questionnaire with IFRS S2 will make life easier for companies and critically accelerate the rapid global uptake of IFRS S2.
By disclosing through CDP from June to September 2024, companies will disclose data directly to their stakeholders and subsequently the wider global market, including IFRS S2-aligned climate data. Disclose today.
💻 Changes to CDP’s questionnaire
This year we've made some changes to our corporate questionnaire. We want to empower organizations to better assess the environmental risks, impacts and opportunities in line with incoming regulation.
Find out more:
🚀 Our latest launches
A new CDP brief outlines why we need financial institutions to better manage systemic water risks, and fully price water into their financial risk assumptions. Read the brief for insight on four important mechanisms that directors must take to address these risks, including using data to inform decisions.
A new report by CDP and Boston Consulting Group (BCG) found that upstream Scope 3 supply chain emissions are 26x that of Scopes 1 and 2 combined. In the manufacturing, retail, and materials sectors alone, supply chain emissions were 1.4x that of the total CO2 emissions of the EU in 2022.
📝 Browse our blogs
Recommended by LinkedIn
In June, environmental leaders from across the country convened at our flagship annual event in Toronto – the 2024 CDP Canada Workshop. While a diverse range of industry- and region-specific content was covered at the Workshop, here are five key takeaways.
With the reporting window now open for companies disclosing through CDP, our network of Accredited Solutions Providers offer support to companies in their transition to environmental leadership.
📢 CDP in the news
Explore the five major challenges and solutions for stock exchanges meeting their net-zero commitments, in this article by Pratima Divgi (Head of Capital Markets, North America, CDP).
Edie covers new analysis of cities data from CDP, featuring Maia Kutner (Director of Cities, States & Regions, CDP): “From the worst floods in nations’ histories to deadly heatwaves and wildfires, the effects of the climate breakdown are as devastating for cities and their people – especially in the Global South – as they are enormous in scale.”
💡 Insights, in seconds
Do you live in a city that faces climate hazards?
Of the 1,131 cities reporting their environmental data through CDP-ICLEI Track in 2023, 83% said they face significant climate hazards - a rise on 80% in 2022 - with 56% already being significantly impacted.
By disclosing environmental data, cities can gain the insights they need to manage, mitigate and adapt to the impacts of our rapidly changing planet. Learn more about our work with cities.
Plus, subscribe to our YouTube channel for our latest explainers and insight videos.
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5moCesar Carreño-Chasin