Creating access to the world’s foremost corporate emissions dataset

7Gen is supporting CDP, the world’s foremost corporate environmental disclosure platform, in creating their new tracking system.
The system is intended to make the vast information in CDP’s reporting system available to a wider audience in an open access portal.
In the initial analysis, launched in October 2021, we find that

  • 13% of total global GHG emissions are disclosed to CDP (based on ~5,000 company reports to CDP)
  • Around half of these are subject to corporate reduction targets
  • Already 1,300 companies within the CDP disclosure system who are setting and achieving targets (and whose target attainment we were able to asses) have collectively reduced their emissions by around 0.5–0.8 GtCO2e cumulatively since 1990 (1–2% of global emissions today).
  • If all the companies that have set targets for 2020 or later met them, they would reduce emissions by an additional 0.3 GtCO2e per year by 2030, compared with 2019, roughly equivalent to the annual emissions of Egypt or Spain.
  • By 2050 the reductions would be 0.8–1.0 GtCO2e per year, equivalent to the emissions of Canada and the Philippines combined – or of the global aviation sector.

Find this and other insights in this blog post by CDP, published during CDP debrief on the impact of COP26 on business.

CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.