IFKA (Iparfejlesztési Közalapítvány - Public Foundation for the Progress of the Industry in Budapest, Hungary) launched the Carbon Disclosure Project  (CDP) CEE 100 Report in the British Embassy on 28 October.

The report summarizes the analysis of the climate change information given by the companies in the first year of operation.  Participants at the seminar had the opportunity to listen to speeches that underline the importance of reporting from both the companies’ and the investors’ points of view.

Deputy Head of Mission Dawn McKen opened the event followed by the screening of CDP's campaign film with former President of the United States Bill Clinton and British Secretary of State for Energy and Climate Change Ed Miliband, and Kate Levick Head of Government Partnerships from Carbon Disclosure Project London Headquarters delivered her presentation.



CDP was launched at 10 Downing Street in 2000 and now hosts the world’s largest registry of corporate greenhouse gas (GHG) data. It has become the first ever independent global standardized mechanism by which companies report their greenhouse gas emissions and assessment of climate change risk.

In 2009 the Carbon Disclosure Project was extended to the 100 largest companies of the Central and Eastern European countries for the first time (CDP CEE 100). The regional sample includes the 100 highest ranked companies on the market, based on market capitalization in the following 11 countries: Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia and Slovenia.

Over 475 institutional investors are signatory supporters. With combined assets of USD 55 trillion, these investors own much of the world’s largest public companies. CDP sends out an annual Information Request on behalf on these investors and purchasing authorities to more than 5000 companies annually, asking them to disclose their greenhouse gas emissions and assessment of risks and opportunities which arise from climate change.

Iparfejlesztési Közalapítvány (Public Foundation for the Progress of the Industry in Budapest, Hungary) became CDP’s Central and Eastern European partner in 2008.

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