Financial institutions ‘leveraging their influence’ to drive environmental efforts

Some 223 global financial institutions, representing nearly $23 trillion in assets, have called on over 1,300 firms to disclose environmental data through CDP this year, as part of its annual financial institution-led Non-Disclosure Campaign (NDC).

Some 223 global financial institutions, representing nearly $23 trillion in assets, have called on over 1,300 firms to disclose environmental data through CDP this year, as part of its annual financial institution-led Non-Disclosure Campaign (NDC).

CDP analysis indicates that financial institutions are ‘leveraging their influence to drive transparency and accountability’, meaning that businesses are now 2.5 times more likely to disclose their environmental impacts, CDP said in a statement.

Climate, water and forest impact

The focus of CDP’s 2025 NDC – under which firms that have previously been requested to disclose on climate are again requested to do so by financial institutions – remains on climate, water and forests impacts.

This year, some 919 companies are being asked to disclose information related to climate, 711 on water issues – a 54% increase compared to 2024 – and 307 on forest-related impacts.

Companies across a broad range of high-impact sectors have been engaged globally, with the largest proportion located in North America (429), followed by Asia Pacific (396) and Europe (339).

Transparent data

“Environmental risk is financial risk. In an increasingly volatile world, it poses one of the greatest threats to economic stability,” commented Kari Stoever, CDP chief growth officer.

“Transparent data on climate, water and forests—shared through disclosure—is essential for understanding these risks and converting them into opportunities rather than losses.”

Since CDP’s disclosure window opened in June, over 70,000 companies worldwide have received requests from customers, investors, and supply chain partners to share environmental data.

‘This demand for transparency reflects the increasing importance of environmental data in assessing business resilience, regulatory readiness and long-term value creation,’ CDP commented.

As Stoever added, the economic case for environmental transparency is clear, “In uncertain times, disclosure provides the actionable insight needed to guide better decisions, strengthen business models and deliver positive impact across the entire value chain.” Read more here.

Discover more from Sustainability Online

Subscribe now to keep reading and get access to the full archive.

Continue reading