What is the CDP?
The Carbon Disclosure Project (CDP) is an independent not-for-profit organization working to drive greenhouse gas emissions reduction and sustainable water use by business and cities.
It provides a transformative global system for thousands of companies and cities around the world to measure, disclose, manage and share environmental information.
For more information see: www.cdproject.net
Why participate in the CDP?
The CDP is a global initiative to collect and distribute high-quality information that motivates investors, corporations and governments to take action in the attempt to mitigate climate change.
Companies are requested to annually complete questionnaires, which are rated and presented in the ‘Climate Leadership Disclosure Index’ (CLDI). Some of the information the CDP request is:
- disclosure of the company’s carbon footprint (additional points are awarded if verification had taken place);
- whether climate change is incorporated into the company’s strategy and for the highest level of responsibility for climate change within the company; and
- to provide insight into the risks and opportunities identified within the company with regard to climate change.
Approximately 3 000 organisations in about 60 countries answer to the CDP request for disclosure.
Promethium Carbon’s service
Promethium Carbon assists its clients in completing the CDP information request; this includes data collection, carbon footprint calculation, and identification of relevant risks and opportunities specific to the client. We also assist in planning for future actions, like identifying possible emission reduction projects or setting realistic emission targets, in order to improve the client’s submission from one year to the next.
See Accomplishments for Promethium Carbon’s experience and achievements in the CDP.