About CDP Verification
- Celebrating Telluride Bluegrass Festival’s 40th Anniversary (06/14/2013)
- Renewable Choice Honored as a ‘Best for the Environment’ B Corp (05/29/2013)
- Ceres Conference Offers Something for Everyone (05/13/2013)
- A Little Energy to Save a Lot: Why Your Company Should Become Energy Star Certified (04/03/2013)
- Sustainability in Supply Chain Remains Top Priority for Major Brands (03/13/2013)
LEED Green Building
- 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)
- Energy Boost: How RECs Support LEED® Certification and Renewable Energy Development (02/14/2013)
- Making the Most of LEED® (01/31/2013)
- Colorado “Head of Class” for Electric Vehicle Policies (06/10/2013)
- AWEA 2013: Production Tax Credit, State RPS, and Direct Corporate PPA Interest Hot Topics (06/04/2013)
- Good News from Duke Energy (05/29/2013)
- The High Price of Natural Gas (05/24/2013)
- Understanding the Greenhouse Effect (05/23/2013)
- The Relationship between Organic Food and Ecosystem Health (06/18/2013)
- A Letter from the Arctic (05/09/2013)
- Eliminating Toxins from the Air We Breathe (05/07/2013)
- Our Silent Partners in the Fight Against Climate Change (04/26/2013)
- The Power of RECs to Improve Human Health (04/25/2013)
by Matt Wood on 07/25/2012
The Carbon Disclosure Project (CDP) has made data quality a top priority for the coming years to ensure businesses have the reliable climate information they need to make critical business decisions. As of the 2011 reporting cycle, more than half of the companies responding within the Global 500 report sample verify their Scope 1 emissions.
To increase the number of verified data submissions and incentivize high quality responses, CDP has allocated a significant percentage of scores to verification:
- 9% -13% of total points under the disclosure score and
- 15% - 17% of total possible points under the performance score.
Additionally, Scope 1 and 2 emissions data must be verified in order for companies to qualify for entry to the Carbon Performance Leadership Index (CPLI).
Prior to embarking on the verification process, companies must have completed a greenhouse gas inventory in accordance with a standard such as the Greenhouse Gas Protocol. The inventory must include information on boundaries, raw data, and calculation methodologies. Once an inventory has been completed, verifiers should be interviewed to ensure a good fit, competency, and determine costs. Generally the cost of verification depends on a variety of factors such as organization size, complexity, and the level of assurance sought.
Seeking verification can give you and your customers greater assurance that your inventory was thoroughly completed and that you can use your results to benchmark your environmental performance.
For more information, we invite you to download our brief:
CDP Scoring & Verification.
Matt Wood is Director of Sustainability Services for Renewable Choice.