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43% surge in companies disclosing biodiversity data, says CDP report

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By illuminem briefings

· 2 min read


illuminem summarizes for you the essential news of the day. Read the full piece on ESG News or enjoy below:

🗞️ Driving the news: The CDP report reveals a 43% increase in companies disclosing biodiversity data since the 2022 adoption of the Global Biodiversity Framework (GBF)
Corporate reporting of water data to CDP grew by 33%, with a 22% reduction in water use achieved
However, fewer than 10% of companies assess their biodiversity dependencies, posing unaddressed financial risks

🔭 The context: As COP16 in Colombia focuses on implementing the GBF, CDP’s data highlights a growing corporate focus on biodiversity, water, and forest impacts
The “Paris Agreement for nature” has sparked corporate action, but disclosure gaps reveal that full commitment to biodiversity remains limited

🌍 Why it matters for the planet: Increased transparency in biodiversity and water impacts is vital to achieving the GBF’s 2030 targets, as businesses significantly impact ecosystems
More disclosures and regulatory support could drive meaningful environmental action across sectors

⏭️ What's next: With rising investor interest, including a new €100 million French fund targeting biodiversity, CDP’s data will guide companies and investors alike
COP16 may also introduce ambitious policies that mandate nature-related corporate disclosures

💬 One quote: “Nature supports our entire economy... bringing nature into the boardrooms,” - Sherry Madera, CEO of CDP

📈 One stat: 43% increase in biodiversity data disclosures among companies since 2022

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