– Following the transaction, CDP will be split into two closely aligned organisations:
◻️ CDP Foundation – focused on advancing science-led environmental disclosure.
◻️CDP – backed by Permira and providing environmental data and disclosure services globally.
– CDP Foundation will remain a shareholder in CDP and retain representation on its board.
– Both organisations will continue to share the goal of supporting trusted, science-led environmental disclosure.
– Over its 25-year history, CDP has become a leading environmental disclosure platform:
– Permira will provide a significant capital injection to support:
◻️Investment in talent, technology and innovation.
◻️Enhanced disclosure experiences for companies.
◻️Improved environmental risk and resilience insights.
◻️Better support for investment and sustainability decision-making.
– Proceeds received by CDP Foundation will be used to fund science-led innovation and research initiatives.
– Dipan Patel and Brian Ruder, Co-CEOs, Permira, said CDP is the “gold-standard” platform for environmental disclosure and that the investment aligns with Permira’s strategy of backing mission-critical, durable growth businesses.
– Anish Patel and Gabriel A., Energy Transition leadership team, Permira, said growing environmental risks are increasing demand for trusted environmental data and emphasized CDP’s role in supporting better environmental decision-making.
– Sherry Madera, CEO, CDP, said the partnership with Permira creates a clear path for CDP’s future growth, enabling its environmental data and insights to deliver greater value to companies, financial institutions and other stakeholders.
