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CSO Toolbox Series – Carbon Disclosure Project

Date: 30 March 2012

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12 pages, 5 figures

EXECUTIVE SUMMARY

Faced with an expanding set of tools, outlets and rankings to aid sustainability reporting Chief Sustainability Officers can struggle to select which offerings in this immature discipline merit their time and effort. This report provides individuals responsible for non-financial reporting with a review of the Carbon Disclosure Project (CDP), as well as guidance on how to participate effectively. Since its founding in 2000, CDP has become a cornerstone of sustainability reporting. As the organization builds tighter integration with the Global Reporting Initiative (GRI) frameworks, develops new areas such as its Supply Chain program, expands into other natural resources such as water, and establishes new relationships to distribute its data, it will continue to play a key role in corporate disclosure on sustainability. The time, effort and expense associated with responding to the CDP questionnaire is readily justified by the credibility and focus that responding to the CDP lends to a firm’s sustainability efforts.

TABLE OF CONTENTS

CDP ESTABLISHES A FOOTHOLD IN SUSTAINABILTY REPORTING
CDP Changed The Game For Corporate Climate Change Action CDP Reporting Offers More Benefits Than Risks To Responding Firms

A STRONG RESPONSE REQUIRES DETAILED DATA
Supply Chain Program Extends Carbon Reporting to Smaller Firms

FIRMS NEED TO TUNE RESPONSES TO THEIR SUSTAINABILITY MATURITY

TABLE OF FIGURES

Figure 1. Carbon Disclosure Project Profile
Figure 2. Carbon Disclosure Becoming Mainstream Among Large Firms
Figure 3. CDP Carbon Disclosure Questionnaire Summary
Figure 4. CDP Water Disclosure Questionnaire Summary
Figure 5. Firms Can Report To CDP At Any Point On The Sustainability Maturity Curve

ORGANIZATIONS MENTIONED

Allergan, Bloomberg, Carbon Disclosure Project, Global Reporting Initiative, PepsiCo, SAP, Thomson Reuters, Turner Construction, World Business Council for Sustainable Development, World Resources Institute