Climate disclosures grow, but quality still lacks: CDP
“The stark reality is that we are incredibly far behind where we need to be, and progress is much too slow.”
The number of companies making climate disclosures through CDP grew by 24% in 2023, but only 2% of disclosures were deemed high quality.
Environmental disclosure non-profit CDP rated more than 21,000 companies that reported information through its climate change, deforestation and water security questionnaires last year. Just under 400 of them were recognised as leaders for disclosing “actionable, high quality environmental data”.
