CDP reporting

CDP is a recognized disclosure format using standardized questionnaires and a corresponding transparent scoring methodology for assessing corporate environmental impacts. Participating in CDP helps you not only in disclosing relevant data in terms of climate change-, water security- and forest-related impact. The questionnaires also enable your company to identify potential for future improvements regarding corporate climate management.

Take the next step to transparency and reliability

Discover and improve your environmental footprint. CDP is the key.

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What is the CDP?

CDP, formerly known as the Carbon Disclosure Project, is an investor-initiated non-governmental organization, which collects climate- and environmentally relevant data and information from companies on a yearly basis. CDP aims to make a positive contribution to environmental protection by helping companies to collect and reduce their environmental impact. Therefore, the CDP framework can be a powerful lever for your corporate sustainability management and sustainability reporting.

What does the CDP score stand for?

The CDP score provides companies and their stakeholders with information about their environmental performance. CDP scores demonstrate the strategies, governance and processes in place in order to reduce the corporate impact on climate change, deforestation, and water security. In addition to an annual snapshot, CDP scorings show a company’s performance and development over time and make it comparable in order to evaluate the progress.

Benefits of CDP reporting

By disclosing data to the CDP, your company benefits from:

  • Revealing risks and opportunities connected to climate change
  • Proactively preparing for climate change regulations and legislation
  • Tracking your progress on sustainability strategy and measures
  • Comparing your activities to other companies
  • A well-known framework which is in line with ISSB, ESRS, TNFD, TCFD, GRI, Sustainable finance taxonomies and other ESG reporting frameworks
  • Enhancing your attractiveness for your current and new investors
  • Enhancing your reputation

Our CDP reporting services

Start dealing with the challenges in sustainability and climate in a structured and holistic way. Our experts are happy to support you in the application of the CDP programs climate change, water, forest, and supply chain.

We cover the following topics:

  • Gap analysis on last year’s CDP questionnaire and the identification of your point potential for upcoming CDP reporting
  • CDP response check for relevance, completeness and accuracy shortly before submission of the respective CDP questionnaire
  • Guidance and support in answering your CDP questionnaire according to the currently valid CDP methodology
  • Advice on strategic issues in connection with the CDP reporting, e.g., opportunities and risks due to climate change, physical and transition climate scenario analysis
  • CDP as part of your sustainability strategy. If required, we offer additional support, for example, in decarbonization measures

If your company also participates in other ratings, e.g. the RobecoSAM Corporate Sustainability Assessment or ISS ESG, we will be happy to support you in realizing synergy effects to ensure the efficient processing of the questionnaires to be submitted.

We support you in different stages of your processes and find a strategy that suits your company!
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FAQ

Frequently asked questions on CDP

CDP reporting relates to significant environmental impacts. This includes topics such as climate change, deforestation, and water security. CDP is a global system for disclosing environmental information and is therefore a highly recognized form of environmental reporting.

The purpose of CDP is to make environmental impacts measurable and to contribute to change. The environmental impact of their own business activities often presents companies with major challenges. Regulatory requirements are becoming stricter and demands for transparency are also increasing. CDP supports companies in not only systematically measuring their environmental impacts but also communicating them.

Disclosure through CDP brings many benefits. Not only is the CDP methodology recognized, but it is also compatible with other frameworks and sustainability standards. As experienced sustainability experts, we see CDP as an important piece of the big picture to support you in your sustainability efforts. For this, reliable data is the basis you can collect through the CDP method.

  • February/March: The updated CDP questionnaires are published, and companies are informed whether they have been invited to participate
  • From April, the Online Response System (ORS) for disclosure will be open. Companies can now upload their answers.
  • End of July is the deadline for submitting the questionnaires
  • End of the year: Your CDP rating results will be published

There are three ways to start your CDP disclosure:

 

    1. Invitation of the company by investors (for listed companies only)
    2. Invitation of the company by customers through supplier engagement programs or other industry initiatives
    3. Voluntary participation without invitation

The specific information that you must disclose depends on the questionnaire. CDP has three corporate questionnaires: climate change, forests, and water security. You can participate in one, two, or all three fields and disclose your information. In general, the required information covers governance and policy, risks and opportunity management, environmental targets and strategy, and scenario analysis.

The questionnaire is structured in a modular way, that allows companies to choose routes of disclosure according to the status quo of their corporate climate management. Our experts support you in finding a cost-efficient and pragmatic approach that reflects the current situation.

Answering the questionnaire thus enables you to identify gaps within your climate and environmental management. After submission, we advise companies to analyze the questionnaire and prioritize topics, practices and structures to be implemented in the short- and long-term in order to continuously improve your performance.

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