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🗞️ Driving the news: CDP and EFRAG have released a detailed mapping that aligns CDP’s climate disclosure questions with the EU’s ESRS E1 standard
• This move simplifies sustainability reporting and reduces compliance burdens for companies
• It marks a strategic step towards greater interoperability under the EU's Corporate Sustainability Reporting Directive (CSRD)
🔭 The context: The European Sustainability Reporting Standards (ESRS), including E1 for climate, are part of the EU’s wider push for standardised corporate disclosures
• CDP’s platform is widely used globally, and aligning it with ESRS helps streamline efforts for companies reporting under both frameworks
• The mapping covers key areas like emissions reporting, climate targets, and internal carbon pricing
🌍 Why it matters for the planet: Clearer, unified standards improve the quality and comparability of climate-related data, which is vital for tracking corporate progress toward decarbonisation
• Reducing administrative burdens allows firms to focus more on action than paperwork
• Better data transparency ultimately supports more effective ESG investment and policy decisions
⏭️ What's next: CDP and EFRAG will continue refining their collaboration to further simplify reporting requirements
• Companies already reporting to CDP can now more easily meet ESRS E1 requirements
• Broader alignment efforts may expand to other ESRS standards over time
💬 One quote: “By bridging ESRS E1 and the CDP question bank, companies can cut reporting complexity, tap into richer climate data and unlock real business value.” – Sherry Madera, CEO of CDP
📈 One stat: Over 23,000 companies disclosed environmental data through CDP in 2023, making it one of the world’s largest climate reporting platforms
See here detailed sustainability performance of companies like Schneider Electric, SAP, and Siemens
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