This is an updated version of a policy brief first published in September 2019. The brief originally examined the impact of climate-related policy on a sample of 366 of the world’s biggest companies, worth $28 trillion in market cap, as disclosed through the CDP platform in 2018. We have now added a second part, consisting of an analysis of companies’ readiness for disclosure legislation, based on a broadened sample of 2,376 companies.
Key messages, derived from analysis of the two samples, are:
What do companies disclose about the impacts of climate-related policy?
How ready are companies for disclosure regulation?
Policymakers and business are taking action, but to achieve the goals of the Paris Agreement a step change is needed.