This week CDP released scores for its 2020 Climate Change disclosures. A record-breaking 9,600+ companies disclosed through CDP in 2020, a 70% increase since the Paris Agreement was signed in 2015 and 14% up on last year.
CDP A List
Over 300 companies have been named on this year’s A List by CDP. This is a major increase from last year, despite the unprecedented challenges posed by COVID-19.
The A List showcases the companies leading on environmental transparency and action, based on their annual disclosure through CDP’s climate change, forests and water security questionnaires. This year has seen a major increase (45% up on last year) in the number of companies achieving an A score, with increases across all three themes that CDP assesses. Along with the high levels of disclosure, this shows growing environmental awareness among the business world in 2020.
CDP Reporting
Companies are asked to disclose through CDP by their customers and investors. By completing CDP’s questionnaires on climate change, forests and water security, companies will identify ways to help them manage their own environmental risks and opportunities as well as providing vital information back to their customers and investors, and to the market through research, insights and financial products and services.
Cority’s Sustainability Performance Management software
Cority’s Sustainability Performance Management software has been designed to meet the requirements of CDP reporting and has a suite of dedicated tools to streamline the process. This includes GHG Protocol aligned data collection covering Scope 1, 2 & 3, climate change risks and opportunities, and an initiatives savings functionality for analysing savings against targets.
Using Cority’s software companies can:
- Define bespoke question sets from a range of reporting frameworks, including CDP, SASB, GRI and SDGs
- Collect data and supporting information across a diverse organisation
- Consolidate data into internal and external reporting templates
As well as software, Cority provides its clients with support services to help them improve their reporting and achieve their broader sustainability goals. With in-depth knowledge of the CDP reporting system, our team of industry experts work closely with our clients through the whole process to ensure they submit a robust, clear and complete CDP response.
