Discover why you should amplify your CDP reporting strategy
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The Securities and Exchange Commission’s (SEC) climate disclosure rule aligns with CDP’s framework. Therefore, reporting to CDP will benefit corporations seeking SEC compliance.
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This shift includes new categories like oceans, freshwater, and biodiversity, enabling a more holistic approach to enhance environmental performance.
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Companies must disclose a transition plan aligned with 1.5°C, publicly available, and inclusive of board-level oversight and management responsibility with a feedback mechanism in place or planned within 2 years. Also, a near-term emission target validated by the Science Based Targets initiative (SBTi) is mandatory or the target must be company-wide, cover 95% of Scope 1 and 2 base year emissions, and have a goal date of 5-10 years from the base year.