According To CDP, 0.4% Of Companies Have Published Credible Climate Transition Plans

According to a report published by global environmental disclosure platform operator CDP on February 7, 2023, only 81 companies "demonstrated best practice by disclosing against all [of CDP's] 21 key indicators" denoting a credible climate transition plan. CDP (originally known as the Carbon Disclosure Project) is a non-profit charity that "runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts." CDP's press release states that over 4,000 companies, out of 18,600, disclosed that they had a climate transition plan, with 2,300 companies reporting on "many (14-20) of the key indicators demonstrating that they are on their way to disclosing a credible climate transition plan." According to CDP's report, six out of 1,448 UK-based companies disclosed to all 21 key indicators. In the U.S., five companies out of 3,718 disclosed to all of the indicators.