Nearly 1,500 companies with a high environmental impact will be targeted by an engagement campaign by investors representing over $31 trillion in assets urging them to disclose their impact on climate change, forests and water security.
The campaign is being coordinated by climate research provider and environmental disclosure platform CDP. CDP runs a global environmental disclosure system, enabling investors and other stakeholders to measure and track organization’s performance in key environmental sustainability areas including climate change, deforestation, and water security. The platform provides annual scores for companies on each of the key categories, and the data is also used by information services providers such as Bloomberg, STOXX, Trucost, FTSE/Russell, MSCI and ISS ESG to power investment research, products, indices and ratings.
SOURCE: ESG Today