The latest insights from CDP, the global environmental disclosure system As the Covid-19 pandemic continues to disrupt much of our daily and economic reality, CDP is aware that our stakeholders worldwide are facing serious challenges to their operations. We will be providing further insights on the implications for our work and our plans over the coming weeks and months. At a time of such uncertainty, the need for global collaboration in response to global crises is clearer than ever. On World Water Day and International Day of Forests, we celebrated those companies working to fight deforestation and water insecurity. Protecting these vital resources is integral to our global efforts to build a resilient, climate-safe future, and brings real business benefits. | |
Helping companies use data to drive down forest loss Urgent progress is needed to prevent deforestation, a key climate change driver presenting real business risks. Yet in 2020, over 400 companies with major impacts on deforestation will fail on key pledges. Read our latest blog by Daniel Turner (Global Head of Corporate Engagement & Reporter Services), introducing the new CDP forests analytics tool to support companies in tackling deforestation. | |
Report: CDP Africa Report 2020 Africa accounts for the smallest share of global greenhouse gas emissions, at just 3.8%. Yet the continent is particularly vulnerable to climate change, and is working to tackle climate hazards head on. This year, CDP is working with 48 African cities reporting their environmental data, representing 31% of the continent's total population. The new CDP Africa Report benchmarks progress towards climate safe cities, states and regions across the continent. | |
Assess to de-stress: Climate risk and vulnerability assessments in African cities Featuring Pandora Batra, CDP’s Africa Engagement Manager, with distinguished guests from ICLEI Africa, ADEME and C40, this podcast provides cities, specifically within the African context, with a high-level overview of risk and vulnerability assessments. Cities cannot build resilience against the impacts of climate change without first assessing and being aware of these impacts. | |
Financing climate resilience in African cities How can African cities access more funds and what do they need at a project level to unlock climate finance? Find out more in our latest podcast on climate finance, featuring Adrian Lotter, of the Climate Change, Energy & Resilience Division at ICLEI Africa. | |
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Elsewhere on the web The Norwegian Sovereign Wealth Fund has pushed for improved non-financial disclosure, Reuters, Mail Online UK, The Business Times, US News & World Report reports. For environment-related disclosures, the fund wants companies to use the CDP as a basis. Forbes and Bloomberg explore the targeting of carbon-zero as Scope 3 emissions can contribute up to 90% of total carbon footprint. CDP found that altogether, oil and gas companies invested $22 billion in alternative energies since 2016, seeing opportunity in Offshore Wind and Solar Energy. Bloomberg writes in wake of the annual Climetrics Fund Awards, ranking 17,000 funds on how their invested companies tackle emissions, water-management and deforestation. Storebrand Global Solutions was among the equity funds singled out last month for doing particularly well. A new seminal article in Applied Energy identifies the technology and policies to enable net zero industrial greenhouse gas emissions by 2070. | |
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Events 8 April: Join us to gain insights on why corporate water disclosure is useful to the financial community at our webinar, ‘Water Security Disclosure in 2020’, where you will hear from a company that started disclosing through the CDP water questionnaire in 2019 and one of CDP's investor signatories. 09:00 PDT // 12 EDT Register today. 15 April: Join us to learn about forest-risk commodity disclosure through the CDP forests questionnaire at ‘Forests Disclosure in 2020’. Hear from a newly responding company and an investor signatory on why 2020 the year is to start your disclosure journey with CDP's forests questionnaire. 09:00 PDT // 12 EDT Register today. 28 April: Join ‘Road to Zero: Financing & Reporting on Your Green Building Portfolio’, a webinar in discussion with CDP, IFC and Sphera, a CDP accredited software solutions provider. Learn how to self-assess buildings using the EDGE App, identify the carbon footprint of a company’s entire portfolio, and disclose the portfolio’s impact through CDP to access green finance.. 15:00 BST Register today. | |
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