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The latest insights from CDP, the global environmental disclosure system

A lot can happen in the space of a year. 2016 certainly did not disappoint in this regard. But as we veer from each news story to the next, it is easy to lose sight of the big picture. With the release of the Task Force on Climate Disclosure’s much-anticipated recommendations on driving forward climate disclosure, the financial markets got the kind of perspective needed on how to address long-term challenges. This, coupled with the strong affirmation from the global community behind the Paris Agreement in Marrakesh, shows the low-carbon transition is firmly headed in a positive direction.

 
What Carney’s Task Force needs to do next to reshape the capital markets
by Paul Simpson

The recommendations released by the Financial Stability Board’s Task Force for Climate-related Financial Disclosures this week mark a step change in the integration of climate information into mainstream financial reporting. But are they game-changing? How can they be implemented and what is the impact? And what does this mean for CDP and the future transition to a low carbon economy?

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5 reasons why companies can’t afford to keep driving deforestation
by Katie McCoy

Growing investor scrutiny, supply chain shocks and $906 billion worth of revenue at risk means the stakes have never been higher for companies to end deforestation.

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Change is on the way for oil and gas majors
by Tarek Soliman

Senior Analyst Tarek Soliman explains why it’s the end of business as usual for oil and gas companies and looks at some of the transition options for the industry.

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One year on from Paris – after Marrakesh, where are we now?
by Kate Levick

CDP’s Director of policy and regulation relays the highlights from COP22, showing that ambitious action is being taken at scale by governments and non-party stakeholders alike.

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A new hope for the climate
by Chris Thorpe

Our states and regions lead, Chris Thorpe, blogs on why subnational governments are a source of new hope in the fight against climate change.

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Science Based Targets initiative
by CDP

The Science Based Targets initiative recently announced that 200 companies, representing $4.8 trillion in market value, now plan to set emissions reduction goals in line with climate science. Subscribe to the initiative’s newsletter to hear the latest on the progress of this critical corporate movement.

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Save the date

CDP’s global supply chain report: Out January 24
Stay tuned for CDP’s upcoming global supply chain report, which reveals why supply chains are the missing link in global corporate climate action.

Around the web

The issue of linking executive pay to climate risk management is among the noted recommendations from the TCFD. Bloomberg reports

Our oil and gas report highlighted a transatlantic divide on oil and gas companies’ readiness for a low-carbon economy. The Financial Times reports

Ratifications, carbon cuts and 2050 roadmaps – the top takeaways from the Marrakesh climate talks. Climate Home reports

The lack of traceability in commodity supply chains is leaving business blind to deforestation risk. Quartz reports

CDP’s global water report revealed that drought, floods and water stress cost companies $14bn this year. The Guardian reports

The world’s states and regions are on track with their emissions reduction targets for 2020, according to new research by CDP and The Climate Group. CleanTechnica reports

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