Contribution (2023-2026)
$700,000
CDP (formerly known as the Carbon Disclosure Project) is a global nonprofit that runs the world’s only independent environmental disclosure system. In 2024 they helped more than 24,800 companies and 1,100 cities, states and regions to disclose their environmental impacts. Financial institutions with more than a quarter of the world’s institutional assets use CDP data to help inform investment and lending decisions.
CDP works with both financial institutions and investors to obtain disclosure data and support companies in publishing their greenhouse gas emissions. As a result, emissions disclosure is increasingly considered essential to good corporate governance and sound financial risk management, especially as climate risks represent real financial risks.
CDP’s partnership with the McConnell Foundation has allowed us to expand our collaborations to include a wider network of Canadian partners and philanthropies that bring deepened insights and diverse perspectives on the Canadian economy’s climate performance,” says Pratima Divgi,
CDP’s Head of Capital Markets, North America. “These new partnerships have empowered CDP and its collaborators to leverage combined expertise, advancing Canada’s climate goals and enabling a sustainable future economy.”
According to Divgi: “We have learned how important it is to establish local partnerships and demonstrate alignment with other initiatives and organizations within Canada. This enables us to drive greater action and streamline the number of requests companies and financial institutions receive.”
“The McConnell Foundation has played a pivotal role in supporting CDP, connecting us to vital resources within Canada’s philanthropic community. Their efforts have established key linkages that are integral to advancing CDP’s mission of embedding environmental data into economic decision-making,” adds Divgi. The partnership has set the stage for successful outcomes as CDP continues to engage with the Canadian economy.
Thank you to CDP for the images used on this page and for the other images used in this report.