CDP Names Sherry Madera as New CEO

CDP, the global non-profit that runs the world’s environmental disclosure system for companies, cities, states, and regions, has appointed Sherry Madera as its new Chief Executive Officer.

Madera is currently SVP of Public Policy at Mastercard and Chair of the Future of Sustainable Data Alliance (FoSDA), a global organisation focused on supporting data requirements to drive success in sustainable finance. She will begin her role as CEO at CDP on October 1, 2023.

Katherine Garrett-Cox, Chair of CDP Trustees, said: “We’re excited for Sherry to join us as our new Chief Executive in October. Her breadth of experience across business, policy making, and diplomacy and her conviction about the importance of data as a fundamental driver of climate action positions her perfectly for the next phase of CDP’s growth.”

Over 20 years ago, CDP pioneered using capital markets to encourage companies to voluntarily disclose their environmental impact, reduce greenhouse gas emissions, safeguard water resources, and protect forests; creating the first global system for environmental disclosure.

Today, the data gathered by CDP is fundamental to climate action, enabling companies, governments, and regulators worldwide to successfully set and meet climate commitments.

In 2022 over 18,700 companies representing around 50% of global market capitalisation and over 1,100 cities, states, and regions disclosed information through CDP on climate change, deforestation, and water security at the request of more than 740 financial institutions and 280 major purchasers. The 2023 disclosure period is due to close at the end of July for scoring.