CDP
By 2030, CDP aims to drive corporations, financial markets and governments to decouple growth from the depletion of freshwater resources and allocate capital towards a water secure economy. CDP uses transparency and accountability to drive ambitious action on water security at scale amongst investors, companies and governments to protect freshwater resources globally to achieve the UN Sustainable Development Goals and the Paris Agreement.
CDP administers an annual corporate water disclosure questionnaire to motivate more than 2,000 companies to disclose their impacts on the environment and take action to reduce them. This collects corporate data related to their contributions towards SDG 6 indicators, including 6.3, 6.4 and 6.6.
Dialogue on climate-related financial disclosures
CDP is currently working to spark a dialogue with financial regulators on the links between the recommendations of the Task Force on Climate-related Financial Disclosures (for financial institutions to disclose climate-related risk) and the need to improve water security in our priority countries. To do this, we are actively sharing water-related data and insights; and making relevant policy recommendations. We aim to ensure that the world’s largest banks and insurance firms are disclosing the impact that their financing activities have on water resources.
