Platform Urges More Than 1,600 High-Emitting Firms To Disclose Data

"LONDON - More than 1,600 companies identified by non-profit platform CDP as having the biggest impact on the environment are not disclosing environmental data, it said as it launched its latest campaign to get firms to provide the information.

CDP, which has standardised data to allow investors and others to compare corporate performance in areas like climate change, water and deforestation, said 288 financial institutions with around $29 trillion in assets will write to the companies to urge them to disclose the data.

The companies targeted in the 2023 campaign include repeat non-disclosers such as Exxon Mobil (XOM.N), Glencore (GLEN.L) and Caterpillar (CAT.N), CDP said in a statement."

Tommy Reggiori Wilkes reports for Reuters May 31, 2023.