2011 Carbon Disclosure Project Quality Assurance Initiatives
- Green Power Partnership Publishes its Top Partners Lists (11/15/2013)
- New York State to Open Green Bank (10/31/2013)
- The Rising Current of Green Gyms Around the World (07/23/2013)
- CDP Supply Chain Program Deadline Approaches (07/12/2013)
- What is a CO2 Calculator? (07/11/2013)
LEED Green Building
- LEED® v4 to Debut at Greenbuild Conference (08/22/2013)
- What is the LEED® EAC4? (07/18/2013)
- 7th annual Los Angeles Business Council (LABC) Sustainability Summit (04/29/2013)
- Greening the Green Building Industry (03/26/2013)
- Earth Rangers Journey to LEED® Platinum (02/21/2013)
- Renewable Energy Finance Tactic Changes the Game (12/04/2013)
- We Are Thankful 2013 (11/18/2013)
- The Little Engines That Could: How Grassroots Stopped Oil & Gas Encroachment in Colorado (11/13/2013)
- Carbon-Neutral Energy Attainable Through Gasification System (11/06/2013)
- EPA Expands Green Power Partnership Program (10/17/2013)
- Climate Change Comes Home (10/21/2013)
- 3 Apps to Help You Use Less Energy in Your Home (10/15/2013)
- How to Ride 4700 Miles on a Bamboo Bike without Flipping on a Light Switch (08/26/2013)
- The Connection between Climate and Waste (08/01/2013)
- Economics of Sustainability White Paper Delivers (07/25/2013)
by Ryan Meeks on 04/29/2011
The CDP Response Check was announced on April 11th, 2011. Read more about how it is designed to enhance the quality of climate change reporting responses globally.
The Carbon Disclosure Project (CDP) is the world’s largest climate change reporting system, with over 3,050 companies now reporting their climate risk management strategies annually. CDP anticipates total respondent numbers to increase to over 10,000 in the next three to five years. While the number of responses has been good, investors and purchasing organizations reviewing Questionnaires have communicated to CDP that they have been disappointed with the quality of responses being submitted. This dissatisfaction is based on poor reduction goal setting and a lack of reduction initiatives.
In response to these complaints, CDP has set a goal for 2011 to enhance the quality of responses. To achieve this, CDP will be adding quality assurance initiatives to their list of available programs. As an official consultancy partner to CDP, Renewable Choice is at the forefront of the 2011 initiatives, which include a Carbon Action Plan and a CDP Response Check.
The Carbon Action Plan is the newest of the initiatives being rolled for 2011. Designed to encourage companies to disclose greenhouse gas reduction targets, this initiative was established by 35 investors who hold $7.6 trillion in assets and wish to see the companies in their portfolios actively reduce emissions. A request to join the Carbon Action Plan will be sent to the world’s largest companies within the Global 500 index this April. Members of this initiative will benefit significantly. CDP will provide a CDP Analytics Tool which can be used for benchmarking and an Emissions Reporting Tool, which can be used to prepare emissions data for disclosure. The Carbon Action Plan will also provide access to climate change experts and enable participant companies to share best practices. As an additional service, CDP will also provide Carbon Action Plan participants with automatic enrollment in the CDP Response Check Initiative in order to ensure overall response quality.
Although not heavily advertised, as this initiative is in its pilot year, the CDP Response Check was put into action on April 11th, 2011 and is now available to all reporting companies for a flat fee set by CDP. As a CDP partner, Renewable Choice’s Professional Services Team has been trained to provide this service by reviewing Questionnaires and providing guidance to companies before their final submission. CDP has observed for the past few years that many companies are not correctly following the online response system’s pathway guide and are not answering all parts of the Questionnaire completely. This quality assurance initiative is poised to resolve these reporting issues and Renewable Choice has been working closely with CDP to spot and solve these errors. By joining this initiative, companies can increase the quality of their Questionnaires by using the suggestive guidance provided. Additionally, Supply Chain Program respondents can now confidently submit with the knowledge that a trained eye has reviewed their Questionnaire prior to the evaluations of the requesting purchasing organizations. Over 30 US companies have already registered for this practical and beneficial initiative.
If your company would like to report to the Carbon Disclosure Project or is interested in any of the new initiatives mentioned above, please feel free to contact us. Renewable Choice provides a free consultation to any company looking to report to CDP. This consultation includes a sector specific analysis of CDP members, sector specific scoring breakdown, and key insights for high quality CDP reporting. Want more info now? Watch an on-demand webinar about the CDP.
Ryan Meeks is Sustainability Analyst for Renewable Choice.