SUSTAINABLE-INVESTING practice question 4 of 35

What type of provider of ESG-related products and services is CDP (formerly known as Carbon Disclosure Project)?

Full set: 802 questions
Answer options
A: nonprofit Correct answer
B: large for-profit
C: boutique for-profit
Correct Answer:
A. nonprofit
Explanation

CDP (formerly known as the Carbon Disclosure Project) is a nonprofit organization that focuses on helping companies, cities, states, and regions disclose and manage their environmental impacts. It operates a global disclosure system that encourages transparency and accountability on climate change, water security, and deforestation. Nonprofit Organization: CDP is structured as a nonprofit organization, meaning it operates for the public good rather than for profit. Its mission is to drive environmental disclosure and action among businesses and governments globally​​​​. Global Environmental Disclosure: CDP runs a comprehensive environmental disclosure platform where thousands of entities report their environmental data. This data is used to assess and manage environmental risks and opportunities. ======

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