In recent years, environmental risks have begun to be addressed in the business world not merely as a sustainability issue, but as a direct financial and operational threat. Environmental crises such as climate change, water stress, deforestation, and biodiversity loss are creating vulnerabilities across many business areas, from supply chains to production infrastructure. CDP’s Global Disclosure Dividend 2025 Report clearly illustrates this transformation: the cost of environmental risks to the global economy could reach USD 38 trillion by 2050—equivalent to more than one-third of global GDP.

While this picture is becoming increasingly clear at the global level, Türkiye is also undergoing a significant transformation in environmental transparency. In 2024, sustainability reporting became mandatory in Türkiye, and the signs of this new era are evident in the disclosures companies submit through CDP.

The year 2024 marked a strong momentum in environmental transparency, both globally and in Türkiye.
Globally, 25,000 companies disclosed environmental data through the CDP platform, while 138 companies from Türkiye reported, reaching the highest level of participation to date. In Türkiye, the number of reporting companies increased by 21% in the Climate Change theme, 65% in Water Security, and 220% in Deforestation.
Similarly, at the global level, the number of companies reporting on climate change increased by 7%, water security by 101%, and deforestation by 234%, while the total number of reporting companies rose by 6.6%.

These parallel increases demonstrate that, both in Türkiye and globally, regulations on sustainability reporting, investor expectations, and nature-related themes are playing an increasingly decisive role in corporate reporting agendas.

Comparative Analysis of the CDP Türkiye 2024 and Disclosure Dividend 2025 Reports

The economic impact of environmental risks is prominent in both reports.
At the global level, environmental risks are projected to cost the world economy up to USD 38 trillion by 2050, equivalent to more than one-third of global GDP. In Türkiye, companies reporting to CDP identified a total of USD 135 billion in environmental opportunity value. These figures show that environmental risks are increasingly being assessed in financial terms at both global and local levels, and that companies are actively developing solutions to address these risks.

In terms of identifying environmental risks and opportunities, Türkiye performs above the global average.
According to the Disclosure Dividend 2025 Report, more than 90% of companies globally have systematic processes in place—or plan to establish them—to identify their environmental dependencies, impacts, and risks. In Türkiye, this figure stands at 98%, exceeding the global average.

The two reports also show parallel trends in emissions reductions and short-term financial returns.
According to the global report, companies that reduced emissions across their value chains achieved total savings of USD 54.4 billion. In Türkiye, companies reported a total reduction of 54 million tons of CO₂e emissions in 2024, and 39% of these initiatives delivered financial returns within just one year. This indicates that environmentally friendly actions generate tangible economic benefits in the short term, both globally and locally.

The identification and assessment of environmental opportunities have become a priority at both levels.
According to the Disclosure Dividend 2025 Report, 64% of companies globally realized environmental opportunities worth a total of USD 4.4 trillion in 2024 alone. In Türkiye, 93% of companies reported identifying climate-related opportunities, and 76% stated that they were able to measure the financial impact of these opportunities. These figures reveal that awareness of opportunities in Türkiye is significantly higher than the global average.

A similar pattern of progress is observed in alignment with standards at both the national and global levels.
According to the CDP Türkiye 2024 Report, 80% of reporting companies provided responses aligned with IFRS S2, while 68% aligned with ESRS. At the global level, CDP’s “Scaling the Standard” analysis shows that in 2024, 83% of companies responding to CDP answered at least 80% of the questions aligned with IFRS S2. This indicates that Türkiye is progressing at a level comparable to the global average in terms of integration with international standards.

Both reports emphasize that environmental disclosure is not only a tool for risk management, but also a source of strategic advantage.
The concept of the “Disclosure Dividend” highlights that environmental reporting generates recurring financial and operational returns year after year. Similarly, the Türkiye report underscores that disclosure is no longer merely a compliance obligation, but has become a core element of business models that supports long-term resilience, investor confidence, and competitive advantage.

The integration of nature-related themes into business strategies is another key point highlighted in both reports.
In Türkiye, 66% of companies responding to CDP reported integrating water, 45% biodiversity, and 38% plastics themes into their climate transition plans. At the global level, the report draws attention to the importance of nature-positive strategies, noting that in the materials sector in particular, the USD 1 trillion in reported climate opportunities is worth approximately ten times the cost required to realize them. This demonstrates that nature-related themes are not merely a risk category, but a significant area for value creation.