CDP and Forest Footprint Disclosure Project merge to create world's largest natural capital disclosure system covering carbon, water and forests. London , June 12th 2012:The Carbon Disclosure Project (CDP) and Global Canopy Programme (GCP) today announced an alliance that will see GCP’s Forest Footprint Disclosure Project (FFD) incorporate CDP over the next two years. For the first time corporate disclosure on the earth’s atmosphere, water and forests will come under one roof, resulting in the world’s largest and most comprehensive natural capital disclosure system.

A major focus of the Rio+20 Earth Summit will be how to account for the way businesses use the planet’s natural capital as the world seeks a common pathway to a green economy Toda's announcement marks an important step towards greater convergence of environmental data, helping busienesses and their investors better understand how they impact or use critical natural capital in their operations and supply chain. This will form an important part of valuing and managing business processes in the global green economy.

A lot of directors thinks that the relationship between natural capital and green economy such as Paul Simpson (chief executive officer at CDP), Andrew Mitchell (executive director of GCP and chairman of FFD), Ian Cheshire (group chief executive of Kingfisher), Freddie Woolfe (manager - corporate engagement, at Hermes Equity Ownership Services) and Matthew Hale (environment executive, Europe and Emerging Markets, Bank of America Merrill Lynch). 

For more information about CDP and GCP's Forest Footprint Disclosure Project click here.