ICAEW SE · Chapter 3 · Question 6 of 8
CDP (formerly the Carbon Disclosure Project) is a non-governmental organisation. How does it mainly drive sustainability change?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) By running a global disclosure system through which companies, cities and others report environmental data, which investors and customers can use
Explanation
CDP is an NGO that collects environmental disclosures on climate, water and forests and makes them available to investors and purchasers. Its influence comes from transparency and stakeholder pressure, not from law. NGOs cannot legislate, act as statutory auditors or set financial reporting standards.
More Regulation on sustainability MCQs
- Q8The recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) were originally voluntary. Which statement best…
- Q1A government is choosing between making climate disclosures mandatory by law and issuing voluntary guidance. Which of the following is an…
- Q2What is the central long-term temperature goal of the Paris Agreement adopted in 2015?
- Q3What is the main role of the Intergovernmental Panel on Climate Change (IPCC)?
- Q4The UN Global Compact asks businesses to commit to ten principles. These principles cover which four areas?
