At a glance
Regulations& Frameworks:
Review
What is CDP Data?
CDP – previously known as the Carbon Disclosure Project, runs the global environmental disclosure system. Over 23,000 companies worth over half of global market value report to CDP.
CDP Data is solely focused on climate, water and deforestation data..
Why use CDP Data?
CDP has the most comprehensive collection of self-reported environmental data in the world used to map trends, model emissions data and pinpoint best practice. CDP’s data also informs investment research, products, indices and ESG ratings.
Youc could disclose your data to CDP as well . Thus itcould be suited for organizations looking to disclose information publicly or attract investors
Pros and Cons
Pros:
- Most recognised climate data platform.
- Open business opportunities as a data discloser. Many big companies like Microsoft have CDP as requirement in their Supplier code of conduct.
- Has an API
Cons:
- Focuses only on climate and deforestation data. Lacks the broader ESG spectrum of data.
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