Shaping High-Quality Mandatory Disclosure. Taking stock and emerging best practice

In this policy brief, CDP presents revised High Quality Principles for Mandatory Disclosure (HQMD), on which disclosure policies and regulations should be based that aim to achieve high-quality data, in a way that allows the full disclosure potential to be unleashed and drives the economy towards the global environmental goals set out in the 2030 Agenda for Sustainable Development, the Paris Agreement and the Global Biodiversity Framework. Using the HQMD principles, existing policies and regulations of some of the most impactful economies – the G20, as well as some key international financial institutions – are assessed, and emerging best practices are identified to inspire and cross-cutting regulatory approaches across jurisdictions. While this report focuses on environmental disclosure, the principles are useful for policymakers and regulators are considering broader disclosure related to sustainability policy and regulation.