The latest insights from CDP, the global environmental disclosure system Cities are home to 50% of the world’s population, and responsible for over 70% of energy-related emissions. They are central to building a sustainable future. And more than ever before, CDP’s data shows that cities – like corporates – not only want to transition to a low-carbon economy, but already are; and at unprecedented speed. Driving this action is information and this year we’re optimizing the reporting process so that we continue to ask the right questions and gather the most meaningful data for companies, cities and investors to take the right steps towards a sustainable economy. Together we can reach a tipping point. | |
The world’s renewable energy cities CDP has named over 100 cities reporting at least 70% of their electricity is from renewables, including Auckland, Nairobi, Oslo, Seattle and Vancouver. | |
Europe’s landmark sustainable finance roadmap The European Commission’s High-Level Expert Group on Sustainable Finance (HLEG) has planted the seed for the EU to build a truly green financial system. How will the EU now take the concrete steps to support policymakers, investors, companies and cities in making the right decisions for a truly sustainable financial system? Marjam Wolfum, Director of Policy and Reporting at CDP Europe explores. | |
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In the news Only around one in ten companies link pay and other incentives for board members or managers to objectives on how they are tackling climate change and the associated risks for their business, reports the FT, covering our latest joint report with CDSB. Nicolette Bartlett tells The Guardian that CDP’s new cities data reflects a global shift towards renewable energy, while Kyra Appleby tells Bloomberg many cities are now starting to understand the need for a diverse energy supply as climate change makes itself felt. Writing for the World Economic Forum, Kyra discusses the challenges of going 100% renewable – and how cities can overcome them. CNBC, National Geographic and the Fast Company were among the other outlets to discuss the findings. In an interview with Reuters, CDP’s Sonya Bhonsle says Norwegian companies must engage with their suppliers if they want to take a leadership role on climate change. Pedro Faria tells Raconteur that governments need to treat energy, food and water as interconnected resources. The global auto industry is making big investments in low-emissions vehicles, explains Luke Fletcher for Edie. | |
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Events March – May: CDP’s European workshops mark the beginning of the disclosure period with the aim to make the process as easy as possible for companies and to deepen knowledge on natural capital disclosure. Find a workshop here. March 14: Requested to disclose to CDP Water? This webinar will explore the benefits of corporate disclosure and resources available for this year’s questionnaire. More here. March 20: What do investors want to know from companies about climate change, and how should this be reflected in company reports? This workshop from the Climate Disclosure Standards Board aims to help companies get to grips with their climate risk. More here. March 27: Join CDP for this webinar for global companies new to the CDP Forests program, particularly first time responders, providing an overview of the program and the four forest-risk commodities (timber, palm oil, cattle and soy). More here. | |
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