---
title: Climate Change
description: "CDP requests information on climate risks and low carbon opportunities from the world’s largest companies. Learn why you should report data on climate change.
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locale: en
canonical: https://www.cdp.net/en/disclose/question-bank/climate-change
contentType: page
updatedAt: 2025-01-09T13:24:52.433Z
---

# Climate Change

Improving corporate awareness through measurement and disclosure is essential to the effective management of carbon and climate change risk.

![An aerial photograph of a river winding through a sandy landscape. Cloud partially covers the land.](https://images.ctfassets.net/v7uy4j80khf8/3c065b2sNsEPedSlA2JWM1/288c6d6fa07297825805af2cfcb8395b/River_viewed_from_the_sky.jpg?w=800&fm=webp&q=80&f=center)

We believe that improving corporate awareness through measurement and disclosure is essential to the effective management of carbon and climate change risk. We request information on climate risks and low carbon opportunities from the world’s largest companies supported by more than 700 Capital Market Signatories representing over US$142 trillion in assets and 270+ major purchasers with over US$6.4 trillion in procurement spend. 

**Disclose data**

## The global context

### $88tn 

combined market value of the world’s largest companies by market capitalization. This is 84% of the total global economy in 2023.

### 53 GtCO2eq 

GHG emissions globally in 2023 from the main activity sectors. This represents a 28% increase from 2005, the year the Kyoto Protocol came into force.

### $43tn

projected growth in the size of world economy by 2070 through strong climate action

## The risks

### $5.4tn

potential financial impact of climate-related risks reported by companies disclosing through CDP in 2023.

### $4tn 

worth of assets will be at risk from climate change by 2030. Former US Treasury Secretary Henry Paulson describes climate change as "the single biggest risk that exists to the economy today".

### 1.5°C 

is the threshold for dangerous global warming. Beyond this we risk severely destabilizing social and economic structures across the world.

## The opportunities 

Companies can drive change faster than governments and innovate new ways of mitigating the impact of climate change. 

Research shows that companies that are transparent about their carbon risks experience a positive impact on their valuation. Those that reduce their carbon intensity the most, outperform the market.

### $16tn 

potential financial value of climate-related opportunities identified by companies disclosing to CDP in 2023.

## How does CDP help?

## CDP Corporate Environmental Action Tracker 

A unique data tool tracking progression across the climate transition journey by sector, index and geography. 

**Explore the tracker**

**Learn more about the Tracker**

![Corporate Environmental action tracker general image ](https://images.ctfassets.net/v7uy4j80khf8/1BiqFnhP8itgox4sqBhGgz/f7bc15883588bb9b0790ed6c2bd521b5/iStock-2156128943.jpg?w=800&fm=webp&q=80&f=center)

## Reports on climate change