Businesses Disclose More On Climate Despite Pandemic Hurdles

50% of global market capitalization, which equates to approximately 10,000 companies, reported data through the environmental not-for-pr

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Camille Andre
Camille Andre

Businesses Disclose More On Climate Despite Pandemic Hurdles

50% of global market capitalization, which equates to approximately 10,000 companies, reported data through the environmental not-for-pr

4 years ago

Businesses Disclose More On Climate Despite Pandemic Hurdles

50% of global market capitalization, which equates to approximately 10,000 companies, reported data through the environmental not-for-profit charity, CDP’s global disclosure system in 2020. This is the highest number of environmental disclosures CDP has ever seen, with a 70% increase since 2015. The sectors with the most disclosures were manufacturing, apparel, and transportation services while the lowest response rates came from hospitality, fossil fuels, and biotech. No surprise there.