Findings and Results from the CDP Japan 2009 Report

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TBLI 2010 Carbon Disclosure Project (www.cdproject.net) [email protected] Name of presentation Name of presenter CDP2010

description

Presentation by Michiyo Morisawa, Director Japan - Carbon Disclosure Project Japan - Japan

Transcript of Findings and Results from the CDP Japan 2009 Report

Page 1: Findings and Results from the CDP Japan 2009 Report

TBLI 2010

Carbon Disclosure Project (www.cdproject.net)[email protected]

Name of presentation

Name of presenter

CDP2010

Page 2: Findings and Results from the CDP Japan 2009 Report

Background to CDP

The Power of Transparency

Not-for-profit organisation founded in 2000

Annual climate change Information Request sent from:

• 534 investors with assets of $64 trillion

• 50 Supply Chain Members

• 19 public sector bodies

2,500 companies answered the questions in 2009

CDP is the global standard for measurement and reporting of climate change information.

“To collect and distribute high quality information that motivates investors, corporations and governments to take action to prevent dangerous climate change.”

Companies and investors that are

able to assess risks and seize new

opportunities will be ahead of the

curve in terms of global

competitiveness… that is why the

work of the Carbon Disclosure

Project is crucial.

”Ban Ki Moon

Secretary-General ,United Nations

Page 3: Findings and Results from the CDP Japan 2009 Report

CDP’s annual cycle of improvement

Information Request sent to companies on

behalf of CDP signatory investors

Companies disclose against the Information Request; CDP analyses responses and reports findings to signatory investors

Information Request refined with feedback

from investors and companies

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Page 4: Findings and Results from the CDP Japan 2009 Report

CDP 2010 Samples

CDP in >60 countries worldwide

800 FTSE All-World Developed

800 S&P/IFCI Emerging Market

Global 500

US companies issuing bonds 180

FTSE Euro first 300

Nordic 200

Asia 135 (ex-JICK)

Central & Eastern Europe 100

Latin America 50

Electric utilities 250

Transport 100

Total 31 samples, 20 country sample including Japan 500

Page 5: Findings and Results from the CDP Japan 2009 Report

Other Opportunities

Physical Opportunities

Regulatory Opportunities

Other Risks

Physical Risks

Regulatory Risks

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Recognize Don't know Don't recognize

CDP 2009 Japan 500 Result

Japanese companies recognized Regulatory Risk & Opportunities

Page 6: Findings and Results from the CDP Japan 2009 Report

CDP 2009 – Insights of Japan 500

Japanese companies disclosed emissions Scope 1 & 2

0

500000

1000000

1500000

2000000

2500000

3000000

3500000

4000000

4500000

Outside of Japan Inside of Japan

China

USA

SingaporeThai

Mexcio

Taiwan

Malaysia

Mandantory reporting 650 million tonnes CO2-e

47%

Japan total 1.37 billion tonnes CO2-e

100%

Companies emissions Reporting to CDP

523 million tonnes CO2-e

38% of Japan Total

M tCO2-e

M tCO2-e1500 3000

Page 7: Findings and Results from the CDP Japan 2009 Report

CDP 2009 Japan 500 Result

46

27

15

47

Absolute targetIntensity based targetBoth absolute and intensity based targetNo reduction planDon't answer

34

123

44

6

Financial boundaryOperational boundaryShare based boundaryOtherNo Answer

Reporting boundary (%) Reduction target (%)

Page 8: Findings and Results from the CDP Japan 2009 Report

CDP 2009 – Response Trends

International comparison of Response Trends

Report on Annual Re-

port

Disclose GHG emissions

Reduction Targets

Disclose Forecast

Verify Emissions

0

10

20

30

40

50

60

70

80

90

100

70

68

51 45

49 50 52

34 29

26

54 55

35 30 32

67

78

88

68

33

Global 500 US 500 UK 350 Japan 500

Based on response number: 409 of Global 500, 332 of US500, 236 of UK350, 187 of Japan500

Page 9: Findings and Results from the CDP Japan 2009 Report

CDP 2009 Finding

Based on response number: 409 of Global 500, 332 of US500, 236 of UK350, 187 of Japan500

Business Travel External Distribution Use & Disposal Supply Chain0

10

20

30

40

50

60

40

21 14

15

32

9 5 5

46

17

13 8

24

48

25

18

Global 500 US 500 UK 350 Japan 500

Measurement & Reporting Obligation

TBLI 2010

International comparison of Response Trends of Scope 3

Page 10: Findings and Results from the CDP Japan 2009 Report

Increasing CDP Data Use

CDP Data available on Bloomberg

Page 11: Findings and Results from the CDP Japan 2009 Report

CDSB

“CDSB works to develop a globally accepted framework, based on existing standards, for corporate reporting on climate change.”

TBLI 2010

California Climate Action Registry, CDP, CERES, Climate Group, IETA, World Economic Forum, WRI

Climate Disclosure Standard Board (CDSB)

Technical Working Group: Deloitte, Ernst & Young, KPMG, PricewaterhouseCoopers

Association of Chartered Certified Accountants

Canadian Institute of Chartered Accountants

International Federation of Accountants

Institute of Chartered Accountants in England and Wales

Japanese Institute of Certified Public Accountants

www.cdsb-global.org

Page 12: Findings and Results from the CDP Japan 2009 Report

CDSB 2010

CDSB Investor Engagement Program 2010

Responde.g., consolidation trends and preferences

to user needs for consistent and comparable information

Understande.g., credibility issues; indeterminate standards for carbon intensities

for the application of climate risk-related disclosures in portfolio construction

Identify e.g., placement of information relative to financial reporting

models supporting use of climate risk-related disclosure

Determinee.g. influence of climate risk-related information on investment decisions,

benefits associated with mainstream climate change-related disclosure

CDSB’s investor engagement program complements the Carbon Disclosure Project’s annual demand for climate information and the recent successful INCR petition to the SEC requiring clearer guidance on reporting climate risk.

Page 13: Findings and Results from the CDP Japan 2009 Report

CDP Water Disclosure Project

To raise awareness and understanding of the business risks and opportunities around water

To make meaningful reporting on water standard corporate practice globally within 5 to 10 years

To support and accelerate the development of standard measures and performance benchmarks

To provide data that informs decision-making by investors, companies and governments

To catalyse action towards sustainable water management

CDP Water Disclosure – Goals13

CDP Water Disclosure Project 2010

Page 14: Findings and Results from the CDP Japan 2009 Report

CPD Water Disclosure Project 2010

Focus on world’s largest companies in sectors that are water intensive or face particular water-related risk

– Automotive

– Chemicals

– Food & beverage

– Mining

– Oil & gas

– Pharmaceuticals

– Power generation

– Semiconductors

All companies are encouraged to respond (regardless of whether they are one of the 302)

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Companies selected for 2010

Page 15: Findings and Results from the CDP Japan 2009 Report

CDP Water 2010 Information Request

CDP Water Disclosure – 2010 Information Request15

CDP Water Disclosure Project 2010

Page 16: Findings and Results from the CDP Japan 2009 Report

CDP Water 2010

Questions cover:

For companies’ own operations and supply chains:

– Water stress (% of own ops/key water-intensive inputs in water-stressed areas)

– Physical risks

– Regulatory risks

– Other risks (e.g. product, reputational and litigation risk)

Detrimental water-related impacts in past 5 years

Opportunities

Linkages between water and energy/carbon

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