CDP: One-quarter of companies now have a 1.5ºC-aligned climate transition plan

Corporate adoption of climate transition plans rose by 44% last year, with one in four companies stating they had one in their CDP disclosures, according to a report published Wednesday by the organization.

CDP – which runs the world’s only independent environmental disclosure system – found that 5,906 companies reported having climate transition plans in place last year, up from 4,100 in 2022. Another 8,200 companies said they expect to create such a plan by 2025.