CDP, an independent environmental disclosure platform, has published its 2025 ‘A List’, highlighting sustained global demand for high-quality, decision-ready environmental data from companies and governments despite challenging market conditions.
In 2025, 640 investors representing $127 trillion in assets called on companies to disclose through CDP, while more than 270 major buyers requested environmental data from around 45,000 suppliers via CDP’s Supply Chain programme. The continued demand reflects growing recognition that transparent environmental information is essential for managing risk and identifying Earth-positive opportunities.
More than 23,100 companies, cities, states and regions disclosed environmental information through CDP during the year. Of these, over 22,100 companies — representing more than half of global market capitalisation — submitted data, with nearly 20,000 companies scored, offering investors and policymakers a broad view of environmental performance across the global economy.
Globally, 877 companies secured a place on the 2025 Corporate A List, accounting for 4% of those scored. Twenty-three companies achieved ‘Triple A’ status for leadership across climate change, forests and water security. Asia and Europe recorded the highest proportions of A List companies relative to those scored, including Japan and Türkiye (both 12%) and France (12%), Portugal (9%) and Spain (9%).
CDP data shows steady growth in top scores since 2023, with climate A scores rising from 346 to 751, water security from 101 to 263, and forests from 30 to 55, reflecting a growing understanding that climate and nature challenges must be addressed together.
Sub-national disclosure also remained robust. More than 1,000 cities, states and regions — representing over one billion people — reported environmental data in 2025. In total, 122 sub-national entities received an A score, representing 15% of those scored, a share unchanged from the previous year. While most A List local governments were based in Europe and North America, participation from the Global South remained consistent.
Sherry Madera, CEO of CDP, said: “Markets are sending an unmistakable signal: clear, consistent environmental data is indispensable for sound decision-making. The momentum behind disclosure in 2025 shows that organisations of every size and sector recognise the value of transparent information to strengthen resilience, support innovation and unlock investment.”
CDP said the scale and depth of its 2025 dataset continues to provide companies, investors and policymakers with critical insights, from climate risk management to adaptation investment planning, reinforcing its role as the world’s most comprehensive source of environmental disclosure data.
