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Investor Pressure Boosted Climate Disclosures in 2020, Says CDP

More companies reported their impact on forests, climate change and water security after investors demanded they do so, according to the nonprofit. Companies are more than twice as likely to report climate risk data when investors actively pressure them to do so, according to a leading climate-disclosure platform. More than 1,000 companies were asked by investors to disclose their

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Companies worth $15 trillion revealed on CDP 2020 ‘A List’ of environmental leaders

Over 300 companies including AstraZeneca, Danone, Firmenich, HP Inc, KAO Corporation, Klabin S/A, Mars, Symrise AG and Mitsubishi Electric have been named on this year’s A List by environmental non-profit CDP. This is a major increase on last year, despite the unprecedented challenges posed by COVID-19. The A List showcases the companies leading on environmental transparency and action, based

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A powerful interim step towards a single, coherent global set of reporting standards

Shared vision from GRI, CDP, CDSB, IIRC and SASB The five global sustainability, ESG and integrated reporting framework and standard setting organizations launched a report outlining the elements necessary for more comprehensive corporate reporting. The shared vision is provided by GRI, CDP, Climate Disclosure Standards Board (CDSB), International Integrated Reporting Council (IIRC) and Sustainability Accounting Standards Board

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105 investors press for environmental disclosure from 1000+ high-impact firms

105 investors from 23 countries, including Legal & General, Nordea Asset Management and the New York State Common Retirement Fund, are pressing for companies with a high impact on the environment to disclose data through CDP, the non-profit global environmental disclosure platform. The companies being engaged cover over US$8 trillion in global market capitalization, and are

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More than 100 companies using SASB standards

ESG reporting group looking to enhance its standards by focusing on human capital management and other emerging material issues It’s been one year since the Sustainability Accounting Standards Board (SASB) launched its 77 industry-specific reporting standards, and the non-profit says 120 companies are now using the standards in their ESG reporting. SASB launched its standards in

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70% of companies fail to disclose impact on world’s forests

A large majority of major corporations are failing to be transparent about their impacts on global deforestation and many are taking inadequate steps to tackle it, according to a new report released yesterday by environmental non-profit CDP. Over 1,500 companies deemed to have a significant impact on deforestation or to be susceptible to deforestation risk

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Crucial contribution of business to Paris Agreement

Private sector role in achieving progress towards UN climate change goals Policy makers and businesses need to work closer together to ramp up private sector engagement in the climate change commitments made under the Paris Agreement. Nationally Determined Contributions (NDCs) set out the efforts by individual countries to cut emissions and adapt to the impacts

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Group of 88 investors target over 700 companies for not reporting environmental information

88 investors with nearly US$10 trillion assets are targeting companies that are not transparent enough about their environmental impact, and pushing them to disclose this information through CDP, the non-profit global environmental disclosure platform. The investors are targeting 707 companies with US$15.3 trillion market capitalisation across 46 counties for not reporting their climate change, water security and deforestation data. This includes Exxon Mobil, Shell,

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Tim Mohin: ‘The world doesn’t need more CSR reports’

The new GRI chief talks to Ethical Corporation’s editor Terry Slavin about how to make sustainability reporting more relevant for investors and CEOs When Tim Mohin, the new head of the Global Reporting Initiative, spoke at Ethical Corporation’s sustainability reporting summit last year, he opened with a reference to his fellow panellists: Richard Howitt, CEO

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TCFD and CDP in 2018: Are you ready?

CDP recently finalised its questionnaires for 2018 – and it’s all change. We’ve got several new sector-specific questionnaires, and the structure and question flow has changed. There’s also some new ‘forward-looking’ questions that won’t be all that easy to respond to without a good deal of thought and discussion. Much of this has to do