New analysis by CDP offers original insight to investors on mining and metals, showing that while progress has been made on direct emissions, mining companies are still exposing themselves to high levels of climate and water risk in their supply chains, amounting to US$16bn of hidden carbon costs. Investors have the power to drive innovation in this sector, which must adapt to the ongoing low-carbon transition.

At CDP, we strive to ask the right questions so that the data we collect and analyze is meaningful for companies, cities and investors in understanding environmental risks and opportunities, ultimately to drive the low-carbon transition. As the market changes, we’re launching our Reimagining Disclosure initiative to innovate and optimize the next phase of global environmental disclosure. Head of Disclosure, Tony Rooke invites you to reimagine with us by taking part in our consultation, open until September 15th.

Internationally, there is a growing momentum for bold climate action, and the policies to back it up. The Paris Agreement, the SDGs, the G20 summit and the recent TCFD recommendations are all pointing in the same direction: strong climate action for a below 2-degrees world. Steven Tebbe, Managing Director of CDP Europe, explores how the EU, and particularly France with their new Climate Plan, is leading the way on climate policy.