African and Asian companies more receptive to climate disclosure requests

Report from CDP

Kathleen Gallagher
clock • 2 min read

Companies in Africa and Asia are significantly more likely to produce climate disclosures if they are targeted through a shareholder or financial institution campaign, according to a report from CDP.

The report summarised the results of a programme between CDP and financial institutions to promote climate disclosure from companies across the globe. 260 financial institutions participated in 2022, 23% of which were from the UK. They engaged with 1,466 companies from 30 countries. The report compared them to a control group of 2,976 companies that have failed to respond to disclosure requests. It found that companies were 2.3 times more likely to disclose after being targeted by a financial institution. This rose to 2.6 times more likely for companies in Asia. ESG more conside...

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