What Is the CDP and Why Is It Important?
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Global financial institutions, major buyers, consumers and other stakeholders demand to know a company’s environmental standing before granting their support and loyalty. They know that environmental risk can equal financial risks.
For more than 25 years, the CDP (formerly known as the Carbon Disclosure Project) has been encouraging and helping companies and governments to disclose their environmental impact, particularly regarding climate change, water security and deforestation.
Entities disclose their impact reports to the CDP in a response window that opens each summer. Investors and financial institutions use that data to assess climate risks in their portfolios. Supply chain managers leverage it to rate suppliers. And governments and policy makers factor CDP into their public reports.
Failure to report environmental data to the CDP could result in an “F” grade, which can send the wrong message to interested stakeholders.
Whether you are preparing for your first submission or want to improve your recent CDP report, Sphera, a CDP Accredited Solutions Provider, can help guide you through the process.
Here’s how to get started
Once you have determined you would like to report, assess your data to create a process and develop strategies to reduce your environmental impact.
How Sphera can help:
Sphera offers CDP reporting support to help you improve GHG inventory management by:
Set an accurate baseline for CDP reporting
Data gathering can be hard. To prepare your CDP report, you’ll need data-driven insights and accurate calculations on your greenhouse gas emissions.
How Sphera can help:
We can help you prepare for your data gathering efforts by:
Optimize your CDP score
Whether it’s your first report or your latest, you should always strive for the best possible score. Leverage Sphera’s experience and expertise in applying the CDP methodology to enhance your CDP score.
How Sphera can help:
Our expert sustainability consultants can help you:
Increase efficiency and accuracy through digitalization
Our consultants have access to the latest technology to improve your data accuracy.
How Sphera can help:
Sphera’s technology can help you avoid data silos and ensure reporting accuracy by:
Fill out the form and we will get back to you to discuss your Carbon Disclosure Project needs.