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Carbon Intelligence supports clients to achieve CDP excellence

By Grace Melville
8th December 2020

10,000 companies, cities, states and regions have reported environmental data to CDP in 2020, making it a record year for disclosure.

Of the organisations reporting to CDP, more than 9,600 are businesses. Collectively, these firms account for more than half of global market capitalization. Sectors represented include retail, technology, asset managers, pharmaceuticals and law firms.

Increased investor pressure is thought to be partly responsible for the sharp uptick in disclosures – figures are up 14% year-on-year and 70% against 2017 levels. CDP has received requests for information from 515 investors with $106trn in assets under management collectively during 2020, how companies perform in CDP and demonstrate their commitment to sustainability is actively being used to drive investor decision making.


How did our clients perform?

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There were significant changes to the CDP questionnaire for 2020 including a completely new questionnaire for financial institutions. Despite these changes and the difficulty of collecting data during lockdown we are thrilled to see our clients rewarded with excellent CDP results, demonstrating commitment to ESG and showing market leadership. 

  • 58% scored in the Leadership category (A or A-), compared to 30% of CDP responders
  • 92% scored A or B, compared to an average of 58% of CDP responders
  • 89% of our clients improved or maintained their 2019 score
  • There were four new sector-specific questionnaires in 2020, including the Financial Services questionnaire. 100% of our clients who responded to the Financial Services questionnaire scored A-/B’s, a huge result when taking into account adapting to new questions and scoring methodologies.  
  • 100% of our clients in technology, real estate and professional services achieved A or B

This achievement demonstrates our clients’ consideration of climate risk along with their ambition towards creating more sustainable businesses and working towards a zero carbon future.


Client Response

Vodafone Group External Affairs Director Joakim Reiter said: “Vodafone’s inclusion in the CDP A List reflects the progress we have made  on our strategy to address climate change, and since the latest disclosure we have got even further through our commitment to reduce carbon emissions across our entire operations to ‘net zero’ by 2040.   This year alone we have brought forward to July 2021 our commitment to power our entire European network from 100% renewable electricity, enshrined new environmental criteria into our choice of suppliers, and set out ambitious new targets to help our business customers reduce their own emissions through our services.”