Tag: CDP

Sodexo, only company in its sector to be A scored in CDP climate ranking

Stuart Mitchell

Sodexo is pleased to join the 346 top-rated companies of CDP climate ranking out of 21,000 companies scored, representing two thirds of the global market capitalisation. This recognition by CDP*, acknowledges the progress achieved by Sodexo on its climate ambition, both in performance and transparency. In line with its ambition to be the global leader in sustainable food and valued experiences and given the climate emergency, Sodexo is accelerating its actions to reduce its climate impact. This scoring recognises Sodexo’s ambitious trajectory and the active implication of its employees to…

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Sainsbury’s makes sustainability ‘A’ list, marking 10 years of environmental transparency

Stuart Mitchell

Sainsbury’s has been recognised for leadership in corporate transparency and performance on climate change by global environmental non-profit CDP, securing a place on its annual ‘A List’ for the 10th consecutive year. Based on data reported through CDP’s 2023 Climate Change questionnaire, Sainsbury’s is one of a small number of companies that achieved an ‘A’, out of over 21,000 companies scored. A detailed and independent assessment methodology is used by CDP, allocating a score of A to D – based on the comprehensiveness of disclosure, awareness and management of environmental…

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Rising disclosure numbers show more companies considering climate and nature impacts, but just under 400 reporting data aligned with CDP’s highest benchmark

Stuart Mitchell

CDP – the global environmental disclosure nonprofit – has scored over 21,000 companies based on information reported through its climate change, deforestation and water security questionnaires. Just under 400 (2%) of these have been named on its 2023 A List for disclosing actionable, high quality environmental data. Disclosure is a critical tool for achieving net-zero targets and avoiding greenwashing, tracking progress against the Paris Agreement goals – and providing robust data and recommendations for the Global Stocktake. A List companies are those with the most accurate picture of their environmental…

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Golden opportunity for city climate finance to be turbocharged across globe

Stuart Mitchell

The opportunity for governments, businesses and financial institutions to invest in climate infrastructure in cities has never been greater or more urgent, according to new data published by CDP – the non-profit which runs the world’s environmental disclosure system for companies, cities, states and regions – at the start of COP28. Fresh insights in CDP’s Global Snapshot, provided by over 1,000 cities reporting their environmental data through CDP-ICLEI Track in 2023, show that 636 cities in 86 countries disclosed 2,346 climate-related infrastructure projects. These projects, worth $146 billion, are seeking…

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EFRAG and CDP announce cooperation to drive market uptake of European Sustainability Reporting Standards

Stuart Mitchell

EFRAG and CDP have recently announced a collaboration to accelerate the market uptake of the European Sustainability Reporting Standards (ESRS), adopted by the European Commission on 31 July 2023. Under the agreement, CDP will explore and implement alignment of its disclosure system with the ESRS as EFRAG provides technical expertise, access and guidance. This collaboration will support the market readiness for quality environmental reporting by accelerating the implementation of the European sustainability reporting standards. CDP, supported by EFRAG, will begin to offer webinars and detailed technical guidance materials to support…

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