The four-year EU-funded LIFE FinACTION project (developed in 2018 and commenced in June 2019) supports the transition to a low carbon and environmentally sustainable financial system by improving the corporate climate change and natural capital information available to investors globally.
What outcome does CDP seek through the project?
This project aims to support report preparers in creating a paradigm shift across Europe and globally in the quality and quantity of decision-useful information to investors on four core elements of natural capital.
As part of the FinAction project, CDP has produced online learning courses, guidance documents and best practice examples for European report preparers covering climate, water and biodiversity.
The CDSB Application Guidance for water is also available in Portuguese, Spanish and French.
The CDSB Application Guidance for biodiversity is also available in Portuguese, Spanish and French.
As part of the FinAction project, CDP has produced briefings and guidance documents for European policymakers covering climate and natural capital.
As part of the FinAction project, CDP has published reviews of companies’ compliance with the Non-Financial Reporting Directive (NFRD) 2020, 2021, together with country-specific briefings and thematic research to provide evidence to support the development of guidance and training to drive high quality uptake of non-financial reporting requirements.