CDP’s Sherry Madera on the Global Stocktake

Boosting Sustainability with #CDP #Data #Compliance Key Takeaways:

Corporate transparency in climate data is crucial for informed investment decisions.
Actionable data, not just disclosure, is needed for real sustainability progress.
Data quality and comprehensive coverage are key challenges to tackle.

Further Insights

CDP's Role: CDP acts as a global platform for climate data disclosure, advocating for the measurement and management of corporate climate impact.
Growth and Impact: CDP now covers 66% of global market capitalisation with an 86% disclosure rate among the S&P 500, underscoring its significant influence.
Disclosure Challenges: Despite the increase in disclosures, 44% of companies do not report their energy consumption data, highlighting a gap in transparency.
ABCs of Data: CDP focuses on Access to capital, Business efficiency, and Compliance to drive more comprehensive and actionable climate data disclosure.
Future Directions: Emphasizes the importance of transition plans, the integration of nature and biodiversity data, and leveraging global stocktake for enhanced country commitments.

Closing Thoughts: As we navigate the path to greater sustainability, the role of structured, quality data cannot be underestimated. How can businesses and countries leverage this data more effectively to not only meet compliance needs but to drive genuine change? The journey of data as a critical ally in this quest offers a narrative where every stakeholder has the chance to be a protagonist in the sustainability saga.