1.2.1.6 The CDP, formerly the Carbon Disclosure Project

The CDP is a not-for-profit international organization responsible for the development of a global environmental disclosure system, which “enables companies, cities, states and regions to measure and manage their environmental impacts.”1 On the request of investors, perchasers and city stakeholders, the CDP supports companies, cities, states and regions to measure and manage their rsiks and opportunities on greenhouse gas emissions, climate change, water security and deforestation.2 The CDP has reported that over 525 investors representing around $96 USD trillion in assets requested companies to disclose through CDP on climate change, water security and forests.3 In 2016, more than 5,600 companies answered CDP’s questionnaire on climate change, water, forests and supply chain and 827 investors requested information on climate change, water and forests, compared to around 3500 companies in 2011.4 In 2018, the number of companies disclosing through CDP has rosen to 7,000.5