Without measuring the impacts of climate change, it is impossible to fully capitalize on opportunities or mitigate risks. To manage effectively, we must measure. Disclosing climate change data is a crucial first step in managing risks and seizing opportunities.
The CDP Climate Change Program provides a structured system for companies to measure and manage their carbon footprints, greenhouse gas emissions, and climate change risks, supporting their efforts to assess and control their environmental impacts. This reporting process not only allows companies to take an active role in combating climate change but also offers them the opportunity to gain the trust of investors, customers, and other stakeholders.
There are several key reasons why companies should report to CDP. Firstly, climate change presents significant risks as well as substantial opportunities for businesses. Companies that report through CDP can better manage these risks and capitalize on the opportunities that arise. Additionally, as climate change regulations tighten, CDP reporting helps companies comply with these regulations and reduce future risks.
Through CDP, over 23,000 companies voluntarily report their greenhouse gas emissions and climate change strategies to the public and investors, with the goal of gathering and sharing information that enables companies, investors, and governments to take action against the threat of climate change. The number of companies sharing their data has increased by 24% compared to 2022.
The data collected through this program not only helps companies improve their performance but also contributes to the development of more informed policies by governments and other stakeholders. CDP aims to help companies achieve their sustainability goals while raising awareness of climate change and promoting more effective actions on a global scale.
The CDP Climate Change Program is not just a reporting tool; it is a guide that helps companies reach their sustainability targets and take an active role in the fight against climate change. For any company looking to manage its environmental impacts, it is an essential platform.
More information about the CDP Climate Change Program can be found here.
You can access the CDP Türkiye 2023 Climate Change and Water Report here.