CDP (formerly known as “Carbon Disclosure Project”) is a global non-profit organisation advocating for the transparency and disclosure of carbon emissions by organisations and companies.
Companies might be asked to complete questionnaires on climate change, forests and water security through CDP by customers and investors. Through this process, companies understand the various ways to help them manage their environmental risks and make good use of the opportunities. They also learn how to provide vital information to their customers, investors and the market through research, insights and financial products and services.
Disclosure Timetable for 2021
Every year CDP will make updates to ensure that the scoring criteria reflect global best practices:
Examples of CDP scoring methodology changes Climate Change (2020 to 2021) |
Modified scoring: • C1.1b -- Board’s oversight of climate-related issues • C1.2 -- Responsibility for climate-related issues in the highest management-level position(s) or committee(s) • C2.2 -- Process(es) for identifying, assessing and responding to climate-related risks and opportunities. New questions: • C3.1a -- Is your organisation’s low-carbon transition plan a scheduled resolution item at Annual General Meetings (AGMs)? • C3.1b -- Does your organization intend to publish a low-carbon transition plan in the next two years? • C4.2c -- Provide details of any other climate-related targets, including methane reduction targets. |
CDP Score Table
CCA offers a one-stop solution in CDP Support to enable companies to provide detailed and comprehensive answers in the questionnaires to maximize their CDP score. This may help your company to attract more local and global investors who use CDP data to make informed investment decisions.
CCA can guide you in various aspects including: