2014 Carbon Disclosure Project (CDP) Reporting Deadlines are Quickly Approaching

The Carbon Disclosure Project (CDP) is an international, non-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. They work with market forces to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them.

If your organization has been invited to report to CDP, you will received an information request and an invitation to activate your online account. All responses to the CDP questionnaire must be submitted through the CDP online response system.

Climate Change Program

CDP’s climate change program works to reduce companies’ greenhouse gas emissions and mitigate climate change risk. CDP believes that improving corporate awareness through measurement and disclosure is vital to the effective management of carbon and climate change risk.

They request information on the risks and opportunities of climate from the world’s largest companies on behalf of 767 institutional investor signatories with a combined US$92 trillion in assets. CDP then provides this information to its 767 institutional investor signatories, as well as distributing it throughout the global market place to increase transparency around climate-related investment risk and commercial opportunity, and drive investments towards a low carbon economy.

Supply Chain Program

More multinationals and their suppliers than ever before now use CDP to achieve sustainable supply chain management. Through CDP’s supply chain program companies and their suppliers are managing the significant risk that climate change poses to the globalized supply chain model.

“CDP offers our suppliers an industry standard global platform for reporting their climate strategies, and data, improve supplier scores on the sustainability index and empowers Walmart to efficiently capture the positive impact that the company and our suppliers’ efforts are having in our supply chain,”  Jeff Rice, Senior Director of Sustainability, Walmart.

Reporting Timelines

Climate change program: CDP sends out its annual information request to companies worldwide on 1 February, after which the online response system is open for data input from disclosing companies. Corporations should submit their CDP response by the 29 May deadline. Publicly disclosed data will be published on our website in the month of September.

Supply chain program: CDP sends out its annual information request to companies worldwide on 1 April, after which the online response system is open for data input from disclosing companies. Suppliers should submit their CDP response by the 31 July deadline. Publicly disclosed data will be published on our website in the month of January.

Support for Responding Companies

If your company is struggling with its submission, there is help out there.  On the CDP site, there are many different consulting companies that are listed as partner organizations.  These consulting companies are organized by region.  In order for these companies to be listed on the site, they had to have approved by CDP.

CRG Sustainable Solutions (CRGss) is also poised to offer reporting companies support.  CRGss is a sustainability consulting company that provides a wide range of sustainability consulting solutions.  CRGss has extensive experience helping organizations complete their climate change and/or supply chain questionnaires.  Working together, we can ensure that your submission is accurate, complete and on-time.

For more information about CRGss, click here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s