Saudi Aramco, Exxon Mobil, Glencore, Chevron and Tesla are among the 1,607 organisations that will be targeted by financial institutions in a campaign to encourage them to disclose environmental data through the environmental disclosure platform CDP. The Non-Disclosure Campaign has the backing of 288 financial organisations with US$29 trillion in assets and will see them engaging with companies failing to respond to CDP’s disclosure request. CDP’s analysis of its 2022 non-disclosure campaign found companies were 2.3 times more likely to disclose if they were directly engaged by financial institutions. The Non-Disclosure Campaign includes PGGM, Legal & General Investment Management, Aviva Investors and Schroders. Companies will be asked to disclose data on at least one of three priority themes: climate change, forests, water, and for the first time a new module of plastics in the water questionnaire. The deadline for companies to submit their questionnaires in order to be eligible for scoring is 26 July.
📣 Financial institution signatories to CDP are demanding data on climate change, deforestation and water security from 1,600+ high-impact companies who have yet to respond to disclosure requests through our questionnaires. Disclose now: https://t.co/ehBoHSAwxx #CDPNonDisclosure pic.twitter.com/sFEnvmgIfm
— CDP (@CDP) May 31, 2023