Submitted by hazal.bastimur on August 9, 2021
A record 168 investors with US$17 trillion of assets urge 1300+ firms to disclose environmental data
- 168 global investors, from 28 countries, including Amundi, Aviva, Cathay Financial Holdings, HSBC Global Asset Management, Legal and General Investment Management, M&G Investments, Nuveen, Schroders and Union Investment, and financial institutions with US$17 trillion in assets join CDP’s 2021 campaign to urge some of the world’s highest impact companies to disclose environmental data.
- Netflix, Alibaba Group, Rio Tinto and Roche Holding AG areamong 1,320 companies from 51 countries engaged.
- This year’s campaign attracted record levels of support from investors, with a 56% increase since 2020 in the number of investors requesting corporate environmental disclosure.
- These investors are also engaging 29% more companies than last year, which collectively represent over a third of all global non-disclosers. The campaign demonstrates that companies are more than twice as likely to disclose their environmental impact when directly engaged by investors.
The companies engaged cover over US$28 trillion in global market capitalization and are estimated to collectively emit more than 4,700 megatonnes (Mt) of carbon dioxide equivalent (CO2e) annually – equivalent to more than the entire European Union.
This investor engagement is coordinated by CDP’s 2021 Non-Disclosure Campaign (NDC), which aims to increase disclosure among companies that have either never disclosed, or stopped disclosing, through CDP.
Last year’s Non-Disclosure Campaign resulted in the highest response rate to date, with more than double the number of companies disclosing compared to 2019. It also showed that companies are more than twice as likely to disclose through CDP when they are directly engaged by investors to do so.
Click here for detailed information about the "Non-Disclosure Campaign".
