CDP 2015
Transcription
CDP 2015
CDP 2015 Questionnaire & scoring changes Kristian Hardiman, Technical Officer, CDP Kristian.hardiman@cdp.net www.cdp.net | @CDP Page 1 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 Page 2 CDP’s 2015 climate change information request www.cdp.net | @CDP Page 3 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 Page 4 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 www.cdp.net | @CDP Page 5 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 www.cdp.net | @CDP Page 6 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 www.cdp.net | @CDP Page 7 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 www.cdp.net | @CDP 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) www.cdp.net | @CDP 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 www.cdp.net | @CDP 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 www.cdp.net | @CDP 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" www.cdp.net | @CDP Page 20 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 www.cdp.net | @CDP 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. www.cdp.net | @CDP Page 14 To 2016…and beyond Overview Accounting and reporting on Scope 2 emissions Science based climate targets Verification/ assurance Sector approach www.cdp.net | @CDP Page 15 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 www.cdp.net | @CDP Page 16 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 www.cdp.net | @CDP Page 17 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 www.cdp.net | @CDP Page 2 CDP’s 2015 water information request www.cdp.net | @CDP Page 19 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 Page 21 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) www.cdp.net | @CDP Page 22 CDP’s 2015 forests information request www.cdp.net | @CDP Page 23 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 www.cdp.net | @CDP Page 24 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 Page 25 Thank you respond@cdp.net www.cdp.net | @CDP Page 26