Tesla Snub of CDP’s Reporting Standards ‘Surprising,’ Chair Says

It is “surprising” that electric vehicle giant Tesla Inc. is ignoring CDP’s global environmental reporting standards given its status as an environmentally friendly company, according to the nonprofit’s chairman, Paul Dickinson.

The roughly 13,000 companies that use CDP’s accounting framework represent 64% of global market capitalization, Dickinson said in an interview with Bloomberg Television’s Francine Lacqua and Tom Mackenzie on Thursday. “Our data goes out on terminals and all the other financial products. Why are these specific companies not doing what everyone else is doing?”

CDP this week launched a campaign backed by investors representing a total of $31 ...