BidX1 commits to environmental transparency via 2023 CDP report

Dublin, 26th October 2023 - BidX1 has once again disclosed its environmental impact through CDP’s Climate Change questionnaire. This is the third consecutive year that BidX1 has disclosed through CDP, a global non-profit that runs the world’s leading environmental disclosure platform. 

By disclosing through CDP, BidX1’s data will be added to the most comprehensive inventory of self-reported environmental data in the world – helping to drive action through greater transparency. 

In its disclosure, BidX1 reported on emission-reducing initiatives, the firm’s broader sustainability agenda, and the influence that climate-related issues have on strategic decisions within the company.

Fiona O’Rourke, Head of Sustainability at BidX1 said: “BidX1 is committed to building a comprehensive strategy towards sustainability and our annual disclosure to CDP has become a key element of that.” 

“We are proud to belong to an ever-growing business community who disclose to the CDP each year. Disclosure helps to make us all more accountable and keeps the focus on initiatives that have a meaningful impact on the environment.” 

Sherry Madera, Chief Executive Officer at CDP, said: “With over 23,000 businesses disclosing through CDP this year, it is clear that sustainability – and the data that underpins it – is not a ‘nice to have’, but an essential part of long-term success in the business community that is showing no sign of slowing down – nor should it.” 

“Disclosure works, and today we should take a short pause to celebrate the dedication to transparency and accountability shown by BidX1 reporting through CDP this year. A 1.5-degree future is still possible if the global community works in lockstep to get there. By sharing their environmental data with CDP, BidX1 is continuing an environmental journey that will contribute to keeping that future in sight.”

More information about BidX1’s sustainability journey is available here:

The full list of companies disclosing through CDP can be accessed here.

About CDP

CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states, and regions. Founded in 2000 and working with more than 740 financial institutions with over $137 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 25,000 organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization – and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda, and the Net Zero Asset Managers initiative. 

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