CDP 2024 significant updates

The Carbon Disclosure Project (CDP) 2024 introduces significant updates to enhance environmental reporting. Key changes include a stronger focus on detailed climate transition plans, granular emissions reporting across scopes (1, 2, and 3), expanded environmental metrics beyond just climate (e.g., biodiversity and water security), and the full integration of Task Force on Climate-related Financial Disclosures (TCFD) recommendations. Additionally, there is an increased emphasis on supply chain engagement, third-party data verification, and the role of innovation and technology in sustainability. These revisions aim to improve transparency and accountability, helping organizations adopt a more comprehensive approach to environmental impact while better aligning with stakeholder expectations.

Key Changes in CDP 2024.

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