CDP & CDP Foundation: The Next Era of Earth-Positive Decision-Making

To meet the scale and speed of the environmental and market challenges and opportunities ahead, CDP needs to be able to accelerate the focus of its skills, resources and impact.

This new structure allows us to optimize our model and concentrate our energy and investment where it will have the greatest impact – strengthening our ability to deliver on our mission.

As the market and need for decision-useful data moves faster than ever, it is essential that CDP remains the pioneering leader that our customers and partners expect.

That means staying ahead of where the market is going, making data more decision-useful, and making strategic investments to expand and deliver products that our customers rely on.

Following extensive consultation and feedback from trusted donors, Trustees and customers, we are taking decisive steps now to position CDP for long-term stability and success.

The moment is right. The timing reflects both opportunity and necessity. The evolving regulatory environment means CDP is required to adapt its structure – this evolution means the Foundation can focus on its core role: science-led capacity building rather than investing additional resources on compliance.

We conducted a rigorous process to find a strategic partner with the same ambition, who could bring not only funding but also a portfolio of peers we can learn from, and operational skills that can help us to achieve what we know we are capable of.

Permira is making the necessary strategic investment support into CDP, the commercial entity, to safeguard its future. Permira will support CDP’s strategic transformation and growth ambitions through a significant capital injection to drive investment in people, technology and innovation.

Permira brings significant experience in supporting data-led organizations to innovate and grow, and will support CDP through its strategic transformation with increased investment in people, technology and product development.

Permira has a longstanding commitment to sustainability and responsible investing. The firm has established a dedicated energy transition investment strategy focused on backing and scaling climate transition leaders through bringing deep expertise in building global technology, data and services platforms.

CDP Foundation and CDP, commercial business, will remain united in a shared ambition: to surface new information, enabling Earth-positive decisions to protect future generations.

This move better enables us to deliver on this ambitious mission, as two separate organizations, working together – a non-profit, CDP Foundation, focused on world-leading science and disclosure evolution and a commercial entity, CDP, focused on delivering a seamless disclosure system.

The two separate organizations will collaborate in pursuit of a shared ambition, operated through a Joint Operating Committee, which will act as the forum to discuss and bring joint decisions into implementation.

The CDP Foundation will look beyond standard market practice, harnessing frontier environmental indicators aligned to planetary health, to drive impact. This new model provides the Foundation with the agency to focus on the needs of the planet, channeling them through the world's most comprehensive and pioneering disclosure system.

This evolution will ensure that CDP remains a relevant and leading system in the market, with the commercial CDP aiming to create environmental disclosure norms to stay ahead of regulation and market pressures. CDP Foundation will also continue to benefit from access to CDP data, enabling it to advance public-purpose research, analysis and thought leadership to support greater transparency and accelerated environmental improvement.

Equipping CDP to meet, and exceed, customer expectations has been core to our decision-making about CDP’s future. This approach will allow us to invest in, and continually develop, our products and services to ensure we deliver what our stakeholders need from us.

This will include meaningful enhancements to the disclosure experience for corporates as well as material improvements to the insights drawn from the data to inform environmental risk and resilience, investment decisions and sustainability strategy worldwide.

We are committed to continuing to build on the stability we achieved in 2025. This announcement will have no impact on the 2026 disclosure cycle, which will continue to operate as planned. All information on the 2026 Disclosure Hub remains accurate.

Our focus remains on serving customers operating in the market by efficiently providing the environmental data, insights, and resources for businesses to assess risks and opportunities; aligning with a shifting regulatory environment; and increasing impact across the market.