Welcome to CDP's global website
Please select the site for your country / region to view the most suitable information
Driving sustainable finance in Europe and beyond
The Sustainable Finance Action Plan is a roadmap introduced by the EU to implement strategies that redirect capital flows in Europe to more sustainable economic activities and contribute towards the goals of the Paris Agreement.
Under the EU-funded FinACTION project, CDP drives market uptake of sustainable finance frameworks and scales EU ambition through our disclosure system, while engaging companies to disclose in line with these regulatory requirements and a science-based transition to a net-zero and nature-positive economy. The work ranges from measuring pressure points on climate and nature (adverse impacts) to integration of sustainable taxonomies into the CDP questionnaire.
CDP has always been supportive of the development of impactful and high-quality disclosure standards and frameworks to provide clarity, increase compliance and support companies in their reporting needs, in line with our mission to drive transparency and action to tackle the environmental crisis.
As the only global environmental disclosure system, with nearly 20,000 entities disclosing their climate and nature impacts in 2022 (including 70% of European companies by market value), CDP plays a crucial role in accelerating the implementation of standards and taxonomies at scale.
In addition to capacity building companies, CDP engages other stakeholders that have a role to play in realizing the potential of the EU sustainability disclosure regime to drive a more sustainable financial system.
Resources for companies
We support companies with increased knowledge of the EU sustainability disclosure regime and how and why to use CDP’s system to support their mandatory sustainability disclosure obligations.
Watch CDP's latest webinar: "5 things to know about CSRD as a multinational company"
The 2023 CDP Europe Disclosure Workshops take place in 7 European cities, including dedicated deep-dive sessions on the EU sustainable finance reporting requirements for companies and investors.
Catch all the previous webinars hosted by the FinACTION project
Technical FAQ on the EU Taxonomy and integration of its criteria into CDP questionnaires and scoring
CDP Policy Explainer on the EU Corporate Sustainability Reporting Directive (CSRD) and the EU Sustainability Reporting Standards (ESRS), including links with CDP’s disclosure system
Get a quick snapshot of the EU disclosure regime and how CDP can support you
Find out what that means for your company
Explore the new questions in CDP's 2023 Climate Change Questionnaire
Find the resources you need to understand and implement the TCFD recommendations.
What does environmental reporting look like in line with the EU NFRD?
Assisting companies in the disclosure of material climate-related information in the mainstream report.
Assisting companies in the disclosure of material water-related information in the mainstream report.
Assisting companies in the disclosure of material biodiversity-related information in the mainstream report.
The reporting templates illustrate how to disclose biodiversity and/or water sustainability-related risks and opportunities to investors, lenders, and other creditors (users) in a connected way.
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.
Resources for investors
We help investors get the Taxonomy and SFDR data they need to comply with their own mandatory reporting requirements and make sustainable investment decisions.
Green Finance Accelerator
The CDP Green Finance Accelerator supports investors with the implementation of EU sustainable finance disclosure regulations through data and engagement, while also preparing companies for their own disclosure requirements. We focus our guidance on specific SFDR data points that overlap with the ESRS (adverse impacts and EU Taxonomy).
Benefits of the Green Finance Accelerator
Post-disclosure access to a consolidated dataset including EU Taxonomy data points, Principal Adverse Impacts, and indications of companies’ materiality for each theme (climate, water, biodiversity).
Support to engage investee companies, on a collective or individual level.
Access to platform with materials and resources, such as the database and engagement tools.
Get a quick snapshot of the EU disclosure regime and how CDP can support you
Join us for a dedicated EU sustainable finance webinar series covering various aspects of the EU sustainable finance regulatory framework.
Resources for policymakers
We engage in relevant policy fora and working groups to share evidence and contribute to impact assessment for future improvement of the EU sustainability disclosure regime.
CDP Policy Explainer on the EU Corporate Sustainability Reporting Directive (CSRD) and the EU Sustainability Reporting Standards (ESRS), including links with CDP’s disclosure system
The timeline summarises key developments ahead that relate to EU corporate reporting policy, linked to the review of the Non-Financial Reporting Directive by the Corporate Sustainability Reporting Directive and the development of European sustainability reporting standards.
This paper aims to discuss the critical role supervision plays to strengthen corporate sustainability disclosures and prevent greenwashing. It also provides resources and practical recommendations to national supervisors.
Synthesis of the UN Intergovernmental Panel on Climate Change's Global Warming of 1.5°C special report for financial policymakers.
This summary for EU policymakers provides an overview of the information presented in the ‘Water Application Guidance’, which was produced to assist companies in the disclosure of water-related financial information in the mainstream report.
This summary for EU policymakers provides an overview of the information presented in the ‘Biodiversity Application Guidance’, that was developed to assist companies in the disclosure of biodiversity-related financial information in the mainstream report.
The summary aims to inform policymakers of the changes needed to improve environmental disclosures under the Directive, to ensure it meets its purpose of increasing the relevance, consistency and comparability of company reporting, based on the findings of ‘The state of EU environmental disclosure in 2020’ report.
The summary aims to inform policymakers of the changes needed to improve environmental disclosures under the Directive, to ensure it meets its purpose of increasing the relevance, consistency and comparability of company reporting, based on the findings of the ‘Falling Short?’ report.
FinACTION's impact
Through the FinACTION project, CDP is working through a variety of channels to impact the real economy.
Evidence and technical outputs
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.
The state of EU environmental disclosure in 2020
- The state of environmental disclosure in France in 2020 - download.
- The state of environmental disclosure in Germany in 2020 - download.
- The state of environmental disclosure in the Nordics in 2020 - download.
- The state of environmental disclosure in Spain in 2020 - download.
- The state of environmental disclosure in Romania in 2020 - download.
- Climate and TCFD disclosure briefing: The state of EU environmental disclosure in 2020 - download.
- Water-related disclosure briefing: The state of EU environmental disclosure in 2020 - download.
- Briefing on biodiversity, deforestation and forest degradation disclosure in the EU - download.
Falling short? Why environmental and climate-related disclosures under the EU Non-Financial Reporting Directive must improve
- French companies’ performance under the EU Non-financial Reporting Directive - download English / French.
- German companies’ performance under the EU Non-financial Reporting Directive - download
- Polish companies’ performance under the EU Non-financial Reporting Directive - download
- TCFD disclosure under the EU Non-financial Reporting Directive - download
- Risk disclosure under the EU Non-financial Reporting Directive - download
