LONDON: More than 1,600 companies identified by non-profit platform CDP as having the biggest impact on the environment are not disclosing environmental data, it said as it launched its latest campaign to get firms to provide the information.
CDP, which has standardised data to allow investors and others to compare corporate performance in areas like climate change, water and deforestation, said 288 financial institutions with around $29 trillion in assets will write to the companies to urge them to disclose the data.
The companies targeted in the 2023 campaign include repeat non-disclosers such as Exxon Mobil, Glencore and Caterpillar, CDP said in a statement.
Exxon said it had a plan “to reduce emissions to support a net-zero future while growing value for our shareholders and stakeholders.”
In an emailed statement, the oil giant said between 2016 and end-2021 it had cut the emissions from its own operations and reduced methane emissions intensity from operated assets, and it had hiked the amount it plans to invest on lower-emission initiatives.
Glencore declined to comment.
Caterpillar did not respond to a request for comment.
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