Global climate change solutions provider EcoAct Group has been confirmed as a Gold Partner for the CDP reporting scheme that sees more than 7000 companies sharing climate-related information each year.
The three-year CDP global consultancy partnership will see EcoAct Group offering expertise, guidance and insight to reporting companies. The partnership follows an exciting year for EcoAct with the Group acquiring UK-based consultancy Carbon Clear, expanding existing operations and client relationships in France, USA and South Europe to cover the UK, Spain and North Europe.
EcoAct Group has supported companies with the CDP reporting process for the past seven years and the expansion of the partnership enables further consolidation of that support for organisations striving to improve their climate-related reporting.
The 2018 disclosure period has seen a shift in focus for CDP as it aligned the questionnaire with the recommendations proposed by the Task Force on Climate Related Disclosures (TCFD). CDP aims to focus reporting on assessing the risks of climate change faced by companies and how they are planning for a world in which the global temperature will increase.
EcoAct Group co-founder and CEO Gerald Maradan said: “The reality of a changing climate demands action. As we look forward to the Paris Agreement coming into force in 2020, we need an acceleration in the transformation of how we do things - by placing climate and carbon issues, and the risks they present, at the heart of national, regional and company level strategies.
CDP facilitates this transformation by providing a comprehensive reporting framework to allow investors to understand the climate risks and adaptation efforts being undertaken by the world’s biggest companies. Through this partnership, we look forward to supporting CDP and reporting companies working towards a low carbon, climate change-ready future.”
EcoAct Group is currently working with a diverse range of CAC40, FTSE100, IBEX35 and Global 500 clients on their CDP disclosures, climate risk assessment and scenario analysis and TCFD readiness.