The Carbon Disclosure Project (CDP) is an international non-profit organization that helps assess business, territorial and organizational impact on climate change, water, forests and supply chains. Since 2020, CDP questionnaires (under Climate Change, Water and Forests) have included recommendations from the TCFD and the UN’s Sustainable Development Goals (SDGs).
Here are some recommendations on how to effectively prepare your CDP reporting
Engage team members, define a sustainable timeline for the company and gather any specific data and audit records required for the questionnaires. Use the methodology provided by the CDP to give complete, clear and company-specific answers.
Enter all relevant information for answering the questionnaire into the answer cells. The CDP auditors will ignore cells in other documents or external sources.
Fill out all applicable cells before submitting the questionnaire, and remember to justify where possible or your company’s score might be affected.
Include brand products, locations, measures, and facilities in logistics, transportation, manufacturing, etc. These specific details will improve your performance.
Use concrete examples to demonstrate what you did and learned.
About 10,000 companies worldwide have disclosed their environmental footprint through the CDP since 2002
Since quantitative data is automatically gathered throughout the year, you will save time when you perform calculations and submit reports, allowing you to focus more on carbon strategies and less on administrative tasks.
You can assess variations in your impact and anticipate new regulations or future changes to reporting by storing and organizing data from previous years in your software.
Review potential emissions in every area to determine which operations have the greatest impact. CDP reporting is further enhanced by value chain integration (scope 3 emissions).
Collect and manage sustainability data with professional software so independent auditors and insurance providers can verify data more easily. This ensures data reliability and facilitates potential communications with them.
Simplify year-over-year reporting and ensure data reliability with automatic software updates that include all emission factors. Emission factor calculations are also monitored to ensure they use the latest calculation methods. This means that the calculation methodology is easier to use and more reliable when using extra-financial reporting software.
See for yourself how Metrio works and how it can facilitate your company’s ESG reporting.