CDP Health Check Finds Climate Leaders Captured $218 Billion in Environmental Opportunities

CDP's second annual Corporate Health Check, produced in partnership with Oliver Wyman, shows that companies achieving Leadership-level environmental ratings realised US$218 billion in environmental opportunities over the past 12 months. The report, drawing on CDP's 2025 disclosure dataset, finds that despite geopolitical headwinds, large corporations across sectors and regions are maintaining commitments to environmental action.

The Corporate Health Check assesses companies across four performance levels — Disclosure, Awareness, Management, and Leadership — based on data submitted through CDP in 2025. Leadership companies, the highest category, are outpacing peers on both environmental performance and financial outcomes. Japan has emerged as a regional leader in the 2026 assessment, demonstrating significant differences across geographies in the scale and depth of corporate environmental action.

The report reinforces the commercial case for environmental leadership at a time when some companies are scaling back sustainability commitments. An analysis overlaying financial performance with climate scores shows that different sectors are responding differently to the current political and economic landscape. For investors and corporate boards, the data provides evidence that environmental action and financial resilience are increasingly correlated, challenging the perception that sustainability investments impair short-term returns.

The 2026 Health Check signals a bifurcation in corporate sustainability trajectories, with a minority of high performers pulling away from the majority. CDP and Oliver Wyman plan to expand the Health Check framework to incorporate more granular sector-level analysis in subsequent years. Companies seeking to improve their standing are encouraged to deepen engagement with CDP's disclosure system and align strategies with science-based targets, particularly as institutional investors use assessment scores to inform capital allocation decisions.

Key figure — US$218 billion in environmental opportunities realised by Leadership companies in the past 12 months