Climate Change

Improving corporate awareness through measurement and disclosure is essential to the effective management of carbon and climate change risk.

We believe that improving corporate awareness through measurement and disclosure is essential to the effective management of carbon and climate change risk. We request information on climate risks and low carbon opportunities from the world’s largest companies supported by more than 700 Capital Market Signatories representing over US$142 trillion in assets and 330+ major purchasers with over US$6.4 trillion in procurement spend.

Disclose data

The global context

$88tn

combined market value of the world’s largest companies by market capitalization. This is 84% of the total global economy in 2023.

53 GtCO2eq

GHG emissions globally in 2023 from the main activity sectors. This represents a 28% increase from 2005, the year the Kyoto Protocol came into force.

$43tn

projected growth in the size of world economy by 2070 through strong climate action

The risks

$5.4tn

potential financial impact of climate-related risks reported by companies disclosing through CDP in 2023.

$4tn

worth of assets will be at risk from climate change by 2030. Former US Treasury Secretary Henry Paulson describes climate change as "the single biggest risk that exists to the economy today".

1.5°C

is the threshold for dangerous global warming. Beyond this we risk severely destabilizing social and economic structures across the world.

The opportunities

Companies can drive change faster than governments and innovate new ways of mitigating the impact of climate change.

Research shows that companies that are transparent about their carbon risks experience a positive impact on their valuation. Those that reduce their carbon intensity the most, outperform the market.

$16tn

potential financial value of climate-related opportunities identified by companies disclosing to CDP in 2023.

How does CDP help?

In order to manage, we must measure. Without measuring the impacts of climate change we can't take full advantage of the opportunities, or mitigate the risks.

CDP’s standardized and globally recognized reporting system reduces the burden of collecting and submitting data, making measurement and comparison easier.

Disclosing climate change data is a journey and it is the first step to mitigating risks and taking opportunities.

Through CDP, your company can proactively demonstrate to hundreds of Capital Market Signatories your commitment to tackling climate-related risks and opportunities, thereby enhancing your reputation.

Companies can take meaningful steps to address climate change, helping to ensure long-term sustainability and profitability.

Disclosing through CDP helps companies to understand best practice and benchmark against peers, both nationally and globally, across a wide range of material factors.

Climate Transition Plans - how CDP helps fight against climate change

Corporate Environmental action tracker general image

CDP Corporate Environmental Action Tracker

A unique data tool tracking progression across the climate transition journey by sector, index and geography.

Explore the tracker

Learn more about the Tracker

Reports on climate change

Accounting for Cross-Border Renewable Energy Trade

This working paper proposes a framework for three ‘levels’ or ‘venues’ of environmental accounting that are impacted by RE trade between countries, and more.

Read report