Carbon Disclosure Project

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Carbon Disclosure Project
(CDP)
logo
legal form Registered association
founding 2000, London , United Kingdom
Seat London
main emphasis Climate protection, carbon accounting
Action space worldwide
Website www.cdp.net

The Carbon Disclosure Project (CDP) is a non-profit organization founded in London in 2000 with the aim of getting companies and municipalities to publish their environmental data such as climate-damaging greenhouse gas emissions and water consumption . Once a year, the CDP collects data and information on CO 2 emissions, climate risks and reduction targets and strategies of companies on behalf of investors using standardized questionnaires on a voluntary basis . The CDP manages what is now the world's largest database of its kind.

More than 655 institutional investors support the project as so-called "Signatory Investors". Collectively, these investors manage more than $ 78 trillion in assets, and they own much of the world's top-selling public companies. The CDP is independent and is financed by a wide range of sponsors, as well as by membership fees and in the context of special projects and partnerships. The data released by the companies and the annual CDP reports are freely available to all interested parties on the CDP website. The investors who support the CDP also get access to non-public information.

There are a total of 31 samples, broken down by country, region or sector.

The founder of the Carbon Disclosure Project was Tessa Tennant .

Use of the reported data

Investors, companies, political decision-makers, scientists and the media use the CDP data to find out about climate-relevant data and corporate strategies. Investors may use this data. a. to evaluate long-term opportunities and risks of your portfolio companies, to determine your investment strategy, to develop investment products and indices as well as to submit applications to general meetings and to work directly with company management. The reporting companies themselves use the data on the one hand to compare with the competition and on the other hand to localize cost-saving potentials and to develop strategies to control and reduce greenhouse gas emissions.

CDP questionnaire

The questionnaire consists of four parts:

  1. Management's assessment of the risks and opportunities for the company associated with climate change
  2. Systematic recording of greenhouse gas emissions ( carbon accounting )
  3. Management strategies with regard to the reduction of greenhouse gas emissions, risk control and the development of potential
  4. Corporate governance regarding climate change

To measure greenhouse gas emissions, it is recommended that companies use the GHG Protocol (“Greenhouse Gas Protocol”) and the ISO 14064 standard as a guide.

Dissemination of the CDP

The CDP is headquartered in London, with additional offices in New York, Dublin, Paris, Berlin, São Paulo, Stockholm and Tokyo. In total, the CDP collects data in around 60 countries, whereby cooperation with partner organizations plays an important role. In 2009, more than 2,400 companies reported their greenhouse gas emissions to the CDP, including 82% of the Global 500 companies. In 2010 the information request was sent to around 7,000 companies.

CDP Germany

The CDP has been active in Germany since 2006. In 2009, a total of 102 of the 200 largest listed companies surveyed took part in climate data collection (51%). The companies listed in the DAX are almost entirely represented among the participants (97%), while the participation rate is significantly lower in the other indices (MDAX, TecDAX, HDAX, SDAX). The strategic partners of the CDP in Germany are KPMG AG Wirtschaftsprüfungsgesellschaft and WWF Germany . The CDP has had its own office in Germany since April 2009 (based in Berlin).

CDP rating

The CDP uses the reported data to compile the Carbon Disclosure Leadership Index (CDLI) for some samples . It gives an overview of the detail of the reporting. The CDLI 2008 nominally comprised the 30 companies with the highest ratings, divided into the categories of greenhouse gas-intensive industries and greenhouse gas-poor industries. This distinction has not been made since 2009 and the CDLI includes the best reporting companies that publicly release their information and use the CDP Online Response System .

For the first time in 2009, the CDP's assessment methods included a separate assessment of performance. The quality of the entrepreneurial measures to respond to climate change is assessed on the basis of the answers in the questionnaire. The best performing companies form the Carbon Performance Leadership Index (CPLI). The introduction of the performance scores offers the opportunity to notice the progress of companies in dealing with climate change and to differentiate between good reporting and the planning and implementation of measures. In the future, the performance scores will be included in the CDLI.

Other CDP projects

In 2007, the CDP began recording the greenhouse gas emissions caused by participating companies in the entire value chain ( CDP Supply Chain ). The indirect emissions of all stages of production from processing to packaging to transport are evaluated. In addition, in 2008 the CDP expanded its project to include cooperation with governments ( CDP Public Procurement ) in order to achieve greater energy efficiency in government procurement. As part of the city project ( CDP Cities ) established in 2008, 30 US cities have committed to collecting information on greenhouse gas emissions and the opportunities and risks of climate change in their area of ​​responsibility. In 2010, data on water consumption from the world's largest companies was also asked for the first time ( CDP Water Disclosure ).

In addition, within the framework of the Carbon Disclosure Standard Board (CDSB) , CDP works together with legislators, non-profit groups and auditing companies to develop a single, uniform set of rules for corporate reports on climate change. A first draft of such a set of rules was published in May 2009.

Legal status

The Carbon Disclosure Project is a registered charity (Registered Charity no. 1122330) and a limited liability company in England (CLG no. 05013650). It is also considered a "special project" by the nonprofit Rockefeller Philanthropy Advisors, with not-for-profit (501 (c) 3) status in the United States. In Germany, the CDP is registered as a non-profit GmbH (HRB 119156B).

Web links

Individual evidence

  1. ^ Carbon Disclosure Project. The CDP - An Introduction. WWF Germany , 2009, accessed April 29, 2016 .
  2. ↑ a b Carbon Disclosure Project, Information Pack 2010
  3. ↑ https://www.economist.com/erasmus/2018/08/05/remembering-tessa-tennant-giant-of-green-finance
  4. ↑ http://www.markit.com/en/media-centre/press-releases/detail.page?dcr=/markit/PressRelease/data/2009/06/2009-06-18
  5. ^ Carbon Disclosure Project, Report 2009, Germany
  6. ^ Carbon Disclosure Project, Report 2008, Global 500
  7. ↑ CDP Supply Chain Brochure 2010
  8. ^ Carbon Disclosure Project Public Procurement Report 2008
  9. ↑ CDSB Main Activities & Milestones January 2007 to present. Carbon Disclosure Project, accessed April 17, 2014 .