CDP-CLIMATE-DETAIL
CDP Climate ~24000 companies 75% market cap disclosure.
Definition
CDP Climate Change disclosure detail: (1) Annual questionnaire: ~100 questions categories Governance + Risks + Opportunities + Business Strategy + Targets + Emissions Methodology + Emissions Data + Energy + Additional Climate-related Disclosures. (2) Scoring methodology: Disclosure (D-A, response completeness) + Awareness (D-A, issues understanding) + Management (D-A, taking action) + Leadership (A-, A, best practice). Letter scores: A = Leadership tier, A- = Management tier, B/B- = Awareness tier, C/C- = Disclosure tier, D/D- = Disclosure incomplete. (3) Investor signatories: ~700+ institutional investors with ~$130T+ AUM sign CDP request issuance, expect investee companies respond CDP. (4) Supply Chain Program: ~280+ purchasing organizations request CDP disclosures suppliers (~80000 suppliers requested 2023). (5) Cities + States + Regions program: ~1100+ city + state disclosures 2023 (alongside corporate disclosures). (6) Water + Forests programs: separate disclosure programs alongside Climate. Score visibility: Public Score (shared with investors + public) or Private (only to requester) at company discretion. CDP Score rating widely used ESG rating providers (MSCI, Sustainalytics, ISS ESG) component.
Origin
CDP Carbon Disclosure Project founded 2000 in London by Paul Dickinson + Tessa Tennant ; first 35 institutional investors signatories ; global expansion 2003+ ; rebrand CDP 2013 ; ~24000+ companies 2023.
Example in context
Apple Inc. has achieved CDP Climate Change A score (Leadership tier) consecutive ~10 years: comprehensive disclosure Scope 1+2+3 emissions, science-based targets validated SBTi 1.5C, supply chain decarbonization Supplier Clean Energy Program 100% renewable, public transparency Annual Environmental Progress Report ; CDP A score positive ESG ratings investors signal.
Related terms
- CDP Water — another disclosure program.