CDP, a global non-profit that runs the world’s environmental disclosure system for companies, cities, states, and regions, recently licensed CDP data to CSRHub for integration into CSRHub’s consensus ESG ratings. CSRHub received data from CDP 2022 data set on more than 10,000 entities.
We now know if an entity participated in CDP’s carbon measurement system. We also know if an entity participated in CDP’s water, timber, cattle products, or palm oil systems. Companies, not-for-profits, and government groups came to CDP directly for help. Others were asked to share information with CDP as part of government or exchange mandates or supply chain management programs.
CDP releases data once a year. We expect to update its input on our consensus ratings with a new data set in April or May of 2024. CDP’s approach to measuring impact is globally recognized and well-respected, and companies that invest in reporting data to the group learn a lot from following their guidelines. We are proud to be associated with this work and hope to encourage more entities to work with CDP.
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states, and regions. Founded in 2000 and working with more than 740 financial institutions with over $130 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests.
Nearly 20,000 organizations around the world disclosed data through CDP in 2022, including more than 18,700 companies worth half of global market capitalization, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy.
CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative. Find out more via www.cdp.net or follow us on Twitter @CDP
CSRHub offers one of the world’s broadest and most consistent set of Environment, Social, and Governance (ESG) ratings, covering 50,000 companies. Its Big Data algorithm combines millions of data points on ESG performance from hundreds of sources, including leading ESG analyst raters, to produce consensus scores on all aspects of corporate social responsibility and sustainability. CSRHub ratings can be used to drive corporate, investor and consumer decisions. For more information, visit www.CSRHub.com. CSRHub is a B Corporation.