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CDP Appoints Mastercard VP as New CEO

The global non-profit disclosure platform CDP has chosen Sherry Madera as its new CEO. Madera, currently serving as the Senior Vice President of Public Policy at Mastercard and Chair of the Future of Sustainable Data Alliance (FoSDA), will assume her role as CEO on 1 October. For over 20 years, CDP has been leveraging capital markets to encourage companies to voluntarily disclose their environmental impact, reduce greenhouse gas (GHG) emissions, protect water resources, and preserve forests. Its efforts have culminated in the creation of the world’s first global system for environmental disclosure. The data collected by CDP plays a role in climate action, empowering companies, governments, and regulators worldwide to set and meet climate commitments. In 2022, more than 18,700 companies, representing approximately 50% of global market capitalisation, and over 1,100 cities, states, and regions disclosed environmental information through CDP, responding to the requests of over 740 financial institutions and 280 major purchasers. Katherine Garrett-Cox, Chair of CDP Trustees, said:[Sherry’s] breadth of experience across business, policy making, and diplomacy and her conviction about the importance of data as a fundamental driver of climate action positions her perfectly for the next phase of CDP’s growth.” Madera will succeed former CEO Paul Simpson, who co-founded CDP and served as CEO until June 2022.

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