Non Financial Reporting Reinforced in EU
The European Parliament voted in favour of a new law governing corporate reporting of non-financial information. As a result large listed companies in the EU will be asked to disclose their environmental and social impacts as part of their mainstream reporting to investors.
Climate change means business change
Climate change will affect European businesses in critical ways, making adaptation efforts instrumental for their prosperity. According to the CDP snapshot report major companies across Europe already experience climate impacts and are taking the issue seriously.
Water scarcity threatens profitability of European companies
A report published by CDP 'Safeguarding Europe’s Water Resources' finds that for an increasing number of European companies, water already has and will continue to have a profound effect on both their short term and long term profitability.
CDP CEO rails against UK Budget 2014 changes on green taxes
Following the UK Budget 2014 decision to freeze the carbon price floor, Paul Simpson, chief executive officer of CDP comments: “The Chancellor’s stand against green taxes will lessen the incentive for electric utilities, heavy industry and consumers to reduce their dependency on fossil fuels...