CDP 2015

CDP 2015
Questionnaire & scoring changes
Kristian Hardiman, Technical Officer, CDP
[email protected]
www.cdp.net | @CDP
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Agenda
CDP’s climate change information request:
Overview
Principles for change
Moderate questionnaire and scoring changes for 2015
Changes beyond 2015
Top tips
CDP’s water information request – overview and changes for 2015
CDP’s forests information request – overview and changes for 2015
www.cdp.net | @CDP
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CDP’s 2015 climate change information request
www.cdp.net | @CDP
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Information request structure
CDP Climate Change/ CDP Supply Chain
one response for multiple requests
CDP Climate Change
Core Climate Change
Questionnaire
 Official deadline: June 30 for investor request for climate change (absolute deadline) and July 31 for Supply Chain
 Separate questionnaires for CDP’s water and forests programs (deadline June 30th)
www.cdp.net | @CDP
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Principles for questionnaire development
 Relevance to stakeholders
 Reflect developments in environmental reporting
 Improve data quality
 Make disclosing easier
 Automate the scoring process
 Support the realization of one or more of CDP’s strategic aims
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Question changes in 2015
Key:
No change
Minor change
Moderate changes
0: Introduction
1: Governance
2: Strategy
3: Targets &
initiatives
4: Communications
5: Risks
6: Opportunities
7: Methodology
8: Emissions
9: S1 Breakdown
10: S2 Breakdown
11: Energy
12: Emissions
performance
13: Emissions
Trading
14: Scope 3
15: Sign off
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Scoring changes in 2015
Overview
 More performance points available
on risk and opportunity
management, long term risk
assessment, strategy, intensity
metric reduction
 Increased threshold for full points
for scope 1 and 2 verification
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Internal price on carbon
CC2.2c
Does your company use an internal price of carbon?
CC2.2d
Please provide details and examples of how your company uses an internal price of
carbon
New questions
Where possible, companies are asked to address:
i)
Scope that the emissions pertain to (Scope 1, Scope 2
and/or Scope 3);
ii) rationale for employing a price;
iii) actual price used;
iv) variances in prices over time and across geographies;
v) who is responsible for determining the price; and
vi) examples of how carbon pricing affects investment
decisions.
Scoring implications: These
questions are not scored
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An agreement at COP21
CC2.4
Would your organization’s board of directors support an international agreement
between governments on climate change, which seeks to limit global temperature rise
to under two degree Celsius from pre-industrial levels in line with IPCC scenarios such
as RCP2.6?
CC2.4a
Please describe your board’s position on what an effective agreement would mean for
your organization and activities that you are undertaking to help deliver this agreement
at the 2015 United Nations Climate Change Conference in Paris (COP 21)
New questions
included for 1 year only
Where possible, companies are asked to address:
Scoring implications: These
questions are not scored
i)
ii)
iii)
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your organization’s view of what an effective agreement would
entail;
the implications that this agreement would have on your company;
and
the actions that your organization is actively undertaking to support
the delivery of this agreement
Emissions reduction initiatives
Activity
type
No change
CC3.3
Did you have emissions reduction initiatives that were active within the reporting year
(this can be in the planning and/or implementation phases)
No change
CC3.3a
Please identify the total number of projects at each stage of development, and for those
in the implementation stages, the estimated CO2e savings
No change to
question text
CC3.3b
For those initiatives implemented in the reporting year, please provide details in the
table below
Description
of activity
Estimated
Scope
annual CO2e
savings (metric
tonnes CO2e)
Voluntary/ Annual
Mandatory monetary
savings (unit
currency – as
specified in
CC0.4
New columns
Scoring changes:
Changes to disclosure and performance scoring
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Investment
required (unit
currency – as
specified in
CC0.4)
Payback
period
Estimated
lifetime of
the initiative
Drop down:
Range of
years
Comment
Communications
No change to
question text
CC4.1
Have you published information about your organization’s response to climate change and
GHG emissions performance for this reporting year in places other than in your CDP
response? If so, please attach the publication(s)
Publication
Status
Page/Section
reference
Attach the
document
Drop down options:
• No
• In mainstream financial reports in
accordance with the CDSB Framework
• In mainstream financial reports but
have not used the CDSB Framework
• In other regulatory filings
• In voluntary communications
Drop down options:
• Complete
• Underway – previous
year attached
• Underway – this is our
first year
No change
No change
Amended values
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New column
Scoring changes:
Changes to performance scoring
Verification
CC8.6 / 8.7 /14.2
Please indicate the verification/assurance status that applies to your reported Scope 1 / Scope 2 /
Scope 3 emissions
CC8.6a / 8.7a / 14.2a
Please provide further details of the verification/assurance undertaken for your Scope 1 emissions,
and attach the relevant statements
CC8.8
Please identify if any data points have been verified as part of the third party verification work
undertaken, other than the verification of emissions figures reported in CC8.6, CC8.7 and CC14.2
Scoring
8.6, 8.7 and 14.2: Type of verification or assurance, page/section reference, relevant standard and proportion of reported emissions verified
ALL need to completed to earn any disclosure points.
8.6 and 8.7: A company will score full performance points for questions CC8.6 and 8.7 if they have verified 70% or more of their reported
Scope 1 and 2 emissions and will have reported no relevant exclusions in question CC8.4.
A company will score partial performance points for questions CC8.6 and 8.7 if they have verified less than 70% of their reported emissions
or if they have reported relevant exclusion in question CC8.4.
8.8: Full disclosure points awarded for any selection made in column 1 (Additional data points verified) apart from "Don't know"
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Emissions performance
CC12.1a
Please identify the reasons for any change in your gross global emissions (Scope 1 and
2 combined) and for each of them specify how your emissions compare to the previous
year
Reason
Emissions reduction activities
Divestment
Acquisitions
Mergers
Change in output
Change in methodology
Change in boundary
Change in physical operating conditions
Unidentified
Other
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Emissions value (%)
Direction of change
Comment
Scoring changes:
In the ‘comment field’
companies must provide the
figures that were used in the
calculation for the figure in the
"emissions value %" column.
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To 2016…and beyond
Overview
 Accounting and reporting on Scope 2 emissions
 Science based climate targets
 Verification/ assurance
 Sector approach
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Scoring changes in 2016
Please note:
In 2016 companies responding to CDP Climate Change information request
will not receive a disclosure score and therefore there will not be a Climate
Disclosure Leadership Index
Companies will be scored for:
 Disclosure
 Awareness
 Management
 Leadership
There will be a leadership index
equivalent to this year’s A-List
and will receive bands from A to G
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Scoring changes in 2016
Leadership
Management
A
 Each band (letter) will correspond
to a level
B

Management
Awareness
Awareness
Disclosure
C
D
There will be 2 bands per level
apart from leadership which is an A

E
F
This way the score is
communicated in a consistent way
and illustrates the continuous
development a company goes
Disclosure
G
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through
Top tips
 Review ‘Changes document for 2015’ – available on the climate change guidance web-page
 Make use of the guidance document - available on the climate change guidance web-page
 Make use of the ‘copy from last year’ button in the ORS
 Cross references to other questions are not scored, nor are links to external websites
 Use the main text fields provided for your responses and NOT the ‘Further Information’ field
 Four questions that request attachments (CC4.1, CC8.6, CC8.7, CC14.2) – these will only be
checked if attached to the right part of the response
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CDP’s 2015 water information request
www.cdp.net | @CDP
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Investors are waking up to water risk
 CDP investor signatories hold
companies accountable for the economic,
environmental and human consequences
of their water use and management.
 CDP uses their significant voice to
move companies beyond business as
usual, to protect assets from current and
future water-related risk.
www.cdp.net | @CDP
Page 20
CDP’s water information request – a journey to stewardship
Current
state
www.cdp.net | @CDP
Risk
assessment
Implications
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Accounting
Response
Changes for 2015
 Current State
 Facility level water accounting
• Company wide water accounting
• Measure and monitor WASH
services
• Supplier reporting
• Corporate level accounting new and
moved to Context
• Facility level water accounting only for
facilities at substantive risk
 Risk assessment
 Linkages
• Structural changes; tables to allow
for more description of procedures
• 15 methods/tools now available
• No water risk assessment reason
• Brought back from 2013 questionnaire;
now includes all linkages and trade offs
(forests, biodiversity)
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CDP’s 2015 forests information request
www.cdp.net | @CDP
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Forest risk commodities
Photo credits: Wood market in Cameroon - Ollivier Girard, CIFOR; Jukwa Village & Palm Oil Production - Ghana oneVillage Initiative; Cattle in Colombia’s eastern plains - Neil Palmer, CIAT; Soy bean at
Carimagua, in Colombia’s eastern plains - Neil Palmer, CIAT
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2015 Forests questionnaire
Timber
Cattle Products
www.cdp.net | @CDP
Introduction
F0. Introduction
Current state
F1. Context
Risk Assessment
F2. Risk assessment
Implications
F3. Risks
F4. Opportunities
Measuring and Monitoring
F5. Measurement
F6. Traceability
Response
F7. Governance and strategy
F8. Policies
F9. Standards and targets
F10. Engagement
Challenges
F11. Barriers and challenges
Sign Off
F12. Sign off
Palm Oil
Soy
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Thank you
[email protected]
www.cdp.net | @CDP
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