What is CDP?
CDP (formally known as Carbon Disclosure Project) runs the largest global disclosure system, covering thousands of companies, cities, states and regions. For decades businesses have voluntarily disclosed their global greenhouse gas emissions to CDP. By creating a means for voluntary disclosure, CDP have stimulated a more sustainable economy, with investors now requiring organizations to report their greenhouse gas emissions and environmental impacts. Their hope is for this transparent reporting to become a business norm around the world.
Submitting to CDP’s online response system (ORS) can take time and often involves finding data from multiple documents and people. Keeping on top of progress can be hard, especially when some questions only appear depending on the answer to another.
Increase your score
Environmental reporting has become increasingly complex – this has been reflected in the changing requirements of the CDP submission process. Ecometrica guides corporations disclosing through the CDP climate change questionnaire for the current reporting year and helps companies meet their longer-term aspirations. Each year many clients improve their submission time, reduce the effort required and increase their scores.
We have been working with CDP since 2010 and have been an accredited CDP Gold Partner since 2013. Ecometrica is CDP’s only Gold Partner across all 3 of their programmes (climate change, water and forests).
CDP Score Benchmarking
Submitting a CDP disclosure is often followed by a long wait to get your score. Remove the uncertainty and be confident in your submission.
Our Score Benchmarking service shows where you are gaining points, where you are missing out on easy marks, and what score you should expect. CDP’s scoring system contains hidden marks that are dependent on the answers and options given to certain questions. Our analysts are well versed in understanding the score hierarchy and can provide options and suggestions to make sure you are not missing out on the recognition you deserve.
CDP Response Service
Over the past few years, CDP has increased the scoring weight of the risks and opportunities and governance sections of the disclosures. These sections can be daunting, but with our expertise and guidance, you can be assured to maximise your points.
Ecometrica acts as an expert third party to review your disclosure before submission and to improve completeness and review the quality of the submission.
“As a rapidly growing business reporting to the CDP for the first time presented some challenges. With a lot of hard work in the CR team, help from around the business and invaluable assistance from Ecometrica we’re delighted that our first reporting submission to CDP has been recognised as a success.”
Benefits of using Ecometrica for CDP Reporting
Preformatted data
Aligning your environmental information from multiple sources to fit into the CDP online response system can be a long process. With Ecometrica, your data is automatically formatted into the CDP categories.
Global
Understand your climate information, global risks and opportunities with Ecometrica’s global solutions. Geography matters, so make sure you are using location specific data.
Secure storage for data and evidence
Remove the uncertainty about storing your evidence files and keep your audit trail. Ecometrica’s platform is audit ready.
Up-to-date global emission factor database
Sourcing and verifying the quality of emission factors for your emissions has already been done by Ecometrica’s analysts so you only need to gather your organisational data.
Gold Partner
Ecometrica is the only gold partner across all three CDP disclosure programmes. We have a close relationship with CDP and regularly provide feedback to their programme development.
Expert analysts with years of CDP experience
Our analysts have been working on CDP submissions since its inception. You can be sure to trust in their experience and advice as you disclose to CDP.
Collecting CDP data can be fraught with issues including ensuring data quality, keeping on top of version control, progress to date and data consistency.
With Ecometrica’s Sustainability Platform, your CDP data is ready to be extracted in the current year’s format. All data quality and validation checks have been done on the platform so you save time and effort and cut out spreadsheets and offline calculations and ensure environmental data transparency and accuracy.
CDP’s 3 Programmes
Climate
Ecometrica’s Sustainability Platform is the award winning carbon reporting software tool whose outputs automatically align to CDP’s Climate disclosure. Removing the need for offline calculations and data checking, giving you more time to work on the higher scoring sections.
All of the following is automatically calculated and presented in the format required by CDP:
- Site, country, continent splits
- Scope breakdown
- KPI intensity calculations
- Full scope 3 breakdown
- Emission Reduction Initiatives calculated
Water
If you are answering the Water Security disclosure, Ecometrica offers a range of tools to collect and report on your data. Ecometrica’s supply chain monitoring offers powerful geographic insights into your water impacts. Combined with actual water consumption data collected by Ecometrica’s Sustainability platform to open up CDP points.
- Identify areas/locations with high water risk/stress
- Automatic watershed identification
- Custom water consumption vs water stress metrics
- Projected water availability changes
- Take into account various climate change pathways and their effect on precipitation
Forests
CDP’s Forests disclosure provides a framework for companies to measure and manage forest-related risks and opportunities. Whether you’re an agribusiness, involved in land use change or just trade forest-related products, Ecometrica’s supply chain monitoring will be an asset to you.
- Deforestation risk areas
- New growth vs virgin forests
- Strength of legislation across the globe
