CDP 2023 environmental reporting trends

Have you ever wondered how companies measure their environmental impact and what that means for our planet? In 2023, Nearly 25,000 organizations stepped up to disclose their environmental practices through CDP, one of the largest platforms for environmental transparency. These companies are answering crucial questions about climate change, deforestation, water security, and plastics. It’s not just a box-ticking exercise it’s about understanding risks, finding opportunities, and holding themselves accountable. Let me break it down. CDP doesn’t just stop at collecting data; it scores participants from A to F. An “A” means you’re a leader with strong climate strategies and science-based targets, while an “F” signals a lack of disclosure. It’s a clear, consistent way to compare companies and their impact, which is why major investors and stakeholders pay attention. Take the climate change questionnaire, for example. It dives into how organizations manage risks, govern their strategies, and measure progress. Or the forest questionnaire, which explores the impact of commodities like timber and soy. These insights don’t just stay on paper—they drive action. Companies that participate often involve their entire supply chain, pushing sustainability efforts far beyond their own walls. But here’s the reality: Committing to CDP isn’t easy. It’s a long-term effort requiring detailed data collection and verification year after year. It’s not just about looking good it’s about doing good. From my perspective, This kind of transparency is vital. As someone deeply invested in sustainability and responsible business practices, I see CDP as more than a reporting tool. It’s a mirror for organizations to reflect on their impact and a guide to improve it. And for those of us watching closely whether we’re investors, employees, or consumers it’s a step toward a more accountable and sustainable future. If you’re curious, you can even check out CDP’s website to see how companies are scoring. It’s eye-opening to see who’s leading the way and who’s falling behind. What are your thoughts? Would you consider these disclosures a game-changer for sustainability, or is there more work to be done? Let’s talk!

CDP and EFRAG have released correspondence mapping between the CDP question bank and ESRS E1 (EU’s Climate Standard)—a major step toward simplifying climate disclosures under both frameworks. 💡 What’s in it for Companies? ✅ Simplified Reporting – Use the same data for CDP and CSRD (Corporate Sustainability Reporting Directive). ✅ Increased Efficiency – Reduce duplication and streamline climate-related disclosures. ✅ Better Data Quality – Align processes with global standards for more reliable insights. 📊 Key Areas of Alignment: Climate Transition Plans – Consistent reporting on climate mitigation strategies. GHG Emissions (Scopes 1, 2, 3) – Unified methodology across frameworks. Climate Targets & Carbon Pricing – Harmonized disclosure of climate goals and internal carbon pricing. 🔎 Why This Matters: Easier Compliance – CDP reporters are now better equipped to meet CSRD obligations. Data Consistency – Enhanced accuracy for investor and stakeholder transparency. Strategic Advantage – Less time on reporting, more time driving sustainability action. 📢 With dual reporting becoming the norm, this alignment is a game-changer for companies looking to stay efficient and compliant. Is your organization ready to navigate ESG reporting with ease? #ESG #SustainabilityReporting #CDP #CSRD #ClimateDisclosures #EFRAG #Sustainability CSRD Institute

🌍 You wouldn't know it from the news, but more than twice as many companies are increasing their climate commitments than backtracking! A new report by PwC and CDP shows that despite anti-ESG moves in some areas, sustainability and climate action are not at all dead, or even dormant! 💡 𝗦𝗼𝗺𝗲 𝗸𝗲𝘆 𝗳𝗶𝗻𝗱𝗶𝗻𝗴𝘀: - The number of companies making climate commitments continues to grow. - More than 4,000 reported through CDP in 2024, up nine-fold over the last 5 years. - 84% of companies are maintaining or strengthening their climate ambition - 37% of companies are increasing their ambitions while only 16% are getting less aggressive. - 83% of companies report R&D investment in low-carbon products and services. - Products featuring sustainability attributes can achieve a revenue increase of 6% to 25%+ over products without such emphasis. - The commitments are durable through leadership transitions: Companies stand by their commitments even after a departing CEO’s successor is hired. 𝗠𝘆 𝘁𝗮𝗸𝗲: These results should hearten anyone who feels lonely in their sustainability team or that everyone is backing away. Neither of those things are true. This fits into the conversations I've been having with firms about 2025 being a year of implementation. More work than ever before is going into integrating sustainability across the firm and using its data and insights to navigate a rapidly changing world. #climate #netzero #decarbonization #sciencebasedtargets #ESG #sustainability Net Zero Tracker SBTI

While headlines often highlight "climate doomerism," new data from the Environmental Defense Fund (EDF) shows the bigger picture: corporate climate action is happening, and it’s accelerating. Key takeaways from Elizabeth Sturcken's latest article in Trellis Group: — Of the 23,000+ companies now reporting to CDP, many have made real progress, with a 44% increase in 1.5°C-aligned transition plans since 2022. — Companies are realizing the financial benefits of moving to clean energy, with solutions becoming more affordable and essential for risk mitigation. — As EDF’s Net Zero Action Accelerator outlines, 2025 will be defined by “power moves,” with key trends shaping the next wave of corporate leadership. Read how companies are pushing beyond disclosure to drive meaningful change. https://lnkd.in/ecPdB_zP #ClimateAction #CleanEnergy #Sustainability #NetZero