'Far too many' companies fail to disclose environmental data, CDP shows

  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Too many companies are failing to respond to environmental transparency requests, non-profit platform CDP said on Tuesday, after only 1.3% of over 900 firms scored an 'A' based on their climate change, forests and water security disclosures.

A man walks by a pipe discharging waste water into the Yangtze River from a paper mill in Anqing, Anhui province, December 4, 2013. REUTERS/William HongOnly 1.3% lead disclosure on climate, forests and water impactsDec 13 - Too many companies are failing to respond to environmental transparency requests, non-profit platform CDP said on Tuesday, after only 1.3% of over 900 firms scored an "A" based on their climate change, forests and water security disclosures.

More than 29,500 firms worth at least $24.5 trillion received an "F" for failing to respond to disclosure requests from investors and clients or for providing insufficient information in their responses, CDP found, while just over 330 made the "A" list. "Most are still not managing all environmental issues holistically, and far too many are remaining complacent or failing to respond at all," he added in a statement.

CDP showed that more than 680 investors and 280 large purchasers had requested thousands of firms to disclose through its platform this year. This resulted in over 18,700 corporate disclosures, up 233% since 2015.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 559. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Climate is always changing, Can we do something about plastics? WE can't control the climate from changing, but we could stop using so much plastic.

Canada Canada Latest News, Canada Canada Headlines