Nearly 25,000 Companies Disclose to CDP in 2024, Setting New Transparency Record

In 2024, nearly 25,000 companies representing two-thirds of global market capitalisation disclosed environmental performance data through CDP, with over 3,500 disclosing holistically across climate, deforestation and water security. More than 12,500 companies used CDP's new SME questionnaire, reflecting growing adoption of environmental disclosure among smaller businesses.

CDP's 2025 disclosure cycle opens with an expanded network of Accredited Solutions Providers to support companies at various stages of their reporting journey. New providers include GEP, a minority and woman-owned global software platform specialising in procurement and supply chain sustainability; Acclaro Advisory, a UK-based ESG consultancy; Motive Power, a US-based decarbonisation consulting firm; and Clark Nuber, a US verification provider. Renewing providers include Pulsora, FigBytes, Nossa Data, IBM's Envizi ESG Suite, and RyeStrategy, which specialises in SME carbon accounting.

CDP's Corporate Health Check findings show that only one in ten companies embeds Earth-positive decision-making throughout its business model. The report identifies four levers used by companies on track to meet their targets: developing a 1.5 degree-aligned climate transition plan, pricing carbon internally, engaging across the value chain, and linking executive remuneration to environmental targets. These findings are directly relevant to Indian companies navigating SEBI's Business Responsibility and Sustainability Reporting framework, where transition planning and supply chain emissions are receiving increasing regulatory attention.

Accredited Solutions Providers can assist companies in implementing best practices identified in the Corporate Health Check and in navigating CDP's alignment with major disclosure frameworks including IFRS S2, TCFD, ESRS and TNFD. CDP's network is designed to be accessible across geographies, with a particular emphasis on providers serving emerging market companies. The platform's write-once-use-many approach means that companies that disclose through CDP are simultaneously building compliance capability for multiple mandatory frameworks taking effect across G20 economies.

Key figure — 25,000 companies disclosing through CDP in 2024, representing two-thirds of global market capitalisation