How does CDP & the Climate Disclosure Standards Board drive...HOW – CDSB Framework + Relevance &...
Transcript of How does CDP & the Climate Disclosure Standards Board drive...HOW – CDSB Framework + Relevance &...
www.cdp.net | @CDP
How does CDP & the
Climate Disclosure
Standards Board drive
change?
www.cdp.net | @CDP
{{
{{ - Vision, CDP
A global economic system that operates
within sustainable environmental
boundaries and prevents dangerous
climate change
www.cdp.net | @CDP
Over 5,000 companies
and suppliers
Multiple stakeholders, one request
Information
Signatory investors
Purchasing organizations
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@CDSBGlobal
The Climate Disclosure Standards Board
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Environmental information
CDSB Framework
Annual Report
cdsb.net/Framework
What is the CDSB Reporting Framework?
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Adding value
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HOW – CDSB Framework
+ Relevance & materiality
+ Faithful representation
+ Connected with other information
+ Consistent and comparable
+ Clear and understandable
+ Verifiable
+ Forward looking
WHAT – source: CDP response
+ Strategic analysis
+ Governance
+ Policies
+ Risks
+ Opportunities
+ Greenhouse gas emissions
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CDP impact
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CDP impact
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CDP impact
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Actions incentivised through scoring
{ Board-level responsibility for climate change
{ Staff incentives
{ Integration with business strategy
{ Integrated communication
{ Risk assessment and management
{ Implementation of GHG emissions reduction projects
{ Setting GHG emissions reduction targets
{ Emissions intensity reduction
{ Data verification
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CDP – a public good with many users
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CDP data
Investors
Companies
Researchers Suppliers
Policy makers
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A growing movement
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2014 CDP Responses in Asia
Climate Change:
1,050 Investor & Supply Chain
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Supporting SDGs by catalyzing action
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@CDSBGlobal
“We are a group of companies and investors sharing a concern that
financial markets do not yet take sufficient account of climate-related
corporate performance, risks and opportunities relevant to future
shareholder value because of a lack of comprehensive and comparable
information in “mainstream” corporate reports for the investment
community. This information gap undermines the efficiency by which
markets are able to allocate capital to its most productive uses over the
medium to long term — a crucial enabler of strong and sustainable
economic growth.
For this reason, we have decided to produce and make use of such
information on a common basis through the Climate Change Reporting
Framework, or other comparable framework, whether or not required by
current regulation. We take this step primarily out of a sense of fiduciary
responsibility…”
Fiduciary duty & climate change disclosure
cdsb.net/fiduciary
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Get in touch
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Climate Disclosure Standards Board
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Michael Zimonyi [email protected]
cdsb.net/FrameworkLaunch