Where CDP is Headed

All three of CDP’s environmental questionnaires are already tightly linked to TCFD’s key disclosure building blocks – governance, strategy, risk management, and metrics and targets. Whether you’re reporting on climate risk, water security, or deforestation risk, this shouldn’t come as a surprise. What is new is CDP’s recognition and integration of more rigorous, internationally recognized frameworks, especially from the EU.

The EU has always been a leader on issues like climate, biodiversity, and corporate accountability. While non-EU companies historically haven’t been impacted, that’s starting to change. Both through the international reach of the EU’s emerging corporate reporting regulations and the adoption of its frameworks by platforms like CDP, the rest of the world is getting up to speed. As a business, this means you’ll need to provide more detail and granularity on how you’re staying accountable than ever before.

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