London, 08 January 2026: CDP – the world’s only independent environmental disclosure platform – has revealed its 2025 ‘A List’, highlighting the sustained global demand for high-quality environmental data from companies, cities, states and regions.
In 2025, markets continued to signal the critical importance of reliable environmental information. 640 investors with US$127 trillion in assets called on companies to disclose through CDP while over 270 major buyers requested environmental data from approximately 45,000 suppliers via CDP’s Supply Chain program. This demand reflects a widening recognition that transparent, decision-ready information is essential for managing risks and identifying Earth-positive opportunities.
Despite global headwinds, organizations headquartered across all regions, and from a wide range of sectors, responded. More than 23,100 companies, cities, states and regions disclosed environmental information through CDP in 2025, demonstrating the resilience of the disclosure system and its central role in steering business and investment strategies forward during uncertain times.
Among these disclosers, over 22,100 companies, representing more than half of global market capitalization – including many of the world’s most influential firms – provided data through CDP. Nearly 20,000 companies were scored, giving investors, policymakers and stakeholders a unique view of environmental performance across the global economy.
Globally, 877 companies achieved a place on the 2025 Corporate ‘A List’, representing 4% of the companies scored, with 23 companies awarded the prestigious ‘Triple A’ for leadership across climate change, forests and water security. These organizations span all regions and sectors, representing the highest standard of transparency, ambition and action.
Countries in Asia and Europe stand out as frontrunners, with the highest proportion of A List companies relative to the number of companies scored in each market (such as Japan (12%), Türkiye (12%) and Taiwan (China) (8%) in Asia, and France (12%), Portugal (9%) and Spain (9%) in Europe).
Since 2023, there has been steady growth in the number of A scores in climate (346 in 2023 to 751 in 2025), water security (101 in 2023 to 263 in 2025) and forests (30 in 2023 to 55 in 2025), reflecting a growing recognition by companies that climate and nature issues are deeply interconnected and must be addressed in parallel.
Sub-national governments also continued to strengthen their climate and nature governance through disclosure. More than 1,000 cities, states and regions, representing over one billion people, reported environmental information in 2025.
The Cities A List, and the States and Regions A List (now in its second year), illustrate how local governments are turning disclosure into action: identifying climate risks, shaping investment strategies, and deploying replicable, high-impact solutions that support resilient and sustainable economic development. In total, 122 cities, states and regions received an A score in 2025, accounting for 15% of all scored sub-national entities, which held steady from the previous year despite global headwinds.
While the majority of local governments on the A List are in Europe and North America, there remains a consistent presence from the Global South, demonstrating that environmental transparency and action are engrained in many of the world’s urban areas and driving Earth-positive decisions.
The momentum behind disclosure in 2025 shows that organizations of every size and sector recognize the value of transparent information to strengthen resilience, support innovation and unlock investment. CDP’s A List reflects the leading examples of this ambition, but the real story lies in the global commitment to making environmental data visible and actionable. As investors, policymakers and companies rely ever more heavily on these insights, disclosure remains one of the most powerful drivers of Earth-positive progress.”
🔗 Source: CDP – CDP A List 2025: Global Momentum for Environmental Transparency Remains Strong as Markets Demand Actionable Data