Companies: Record Number and Demand Companies

companies: Campaign platform CDP has brought together a record number of investors, including banking giants HSBC and Investec, to demand companies reveal data on the environmental cost of how they do business, according to The Guardian. The group said it was targeting 707 companies because of their high environmental impact and lack of transparency to date. The major global companies, with a combined worth ofmore than 15tn, lack transparency over their effect on the environment, according to the intervention by some of the world's biggest financial names. The list includes the world's largest fossil fuel companies such as BP and Exxon Mobil as well as palm oil giant Genting Plantations and UK high street brands including Tesco, Ocado, WH Smith, Marks & Spencer and JD Wetherspoon. More than 7,000 companies already disclose their environmental impact through the CDP platform. Hopes for climate progress falter with coal still king across Asia Read more The CDP said 546 companies were being targeted to disclose information on the climate crisis, 166 on water security and 115 on deforestation. (news.financializer.com). As reported in the news.