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Investor Pressure Boosted Climate Disclosures in 2020, Says CDP

More companies reported their impact on forests, climate change and water security after investors demanded they do so, according to the nonprofit.

Icebergs in Greenland

Photographer: Ulrik Pedersen/NurPhoto via Getty Images

Companies are more than twice as likely to report climate risk data when investors actively pressure them to do so, according to a leading climate-disclosure platform.

More than 1,000 companies were asked by investors to disclose their impact on forests, climate change and water security last year, as part of an annual campaign by the nonprofit CDP. The response rate rose to 20%  in 2020 after lingering around 15% for the previous three years, it said in a report released on Tuesday.