The Carbon Disclosure Project (CDP) reporting deadlines for 2012 are rapidly approaching. As a reminder, below are the upcoming deadlines. The CDP rankings are widely used to evaluate the performance and transparency of publically traded companies (even Google Finance prominently lists CDP rankings as part of company key stats and ratios). Guidance on CDP reporting and information on the scoring methodology is available on the CDP website.
The timeline for Carbon Reporting for Investor CDP:
- Feb 1: CDP sends out its annual information request to companies worldwide
- May 31: Deadline for corporations to submit their responses
- Sept – Publically disclosed information is published on the CDP website
The timeline for Carbon Reporting for Supply Chain CDP:
- April 1: CDP sends out its annual information request to companies worldwide
- July 31: Deadline for suppliers to submit their responses
- Jan – Publically disclosed information is published on the CDP website
The timeline for CDP Water Reporting:
- Feb 1 – CDP Water Disclosure Information Request to targeted companies
- June 30 – Deadline for companies to respond to the questionnaire
- Oct-Nov – Public response data is published on CDP website
Capaccio Environmental Engineering, Inc. has assisted our clients with sustainability strategic plans, benchmarking, gap analysis, carbon and water footprinting, program implementation, data management, and reporting to help improve rankings as well as address other important sustainability performance objectives. We are proud of the fact that our clients consistently appear at the top of both environmental and business performance lists, which is consistent with our mission of “helping industry and the environment prosper.”
For additional information or assistance in completing or reviewing reports, please contact us at firstname.lastname@example.org.
Spring is in the air, but that also means we are in the midst of tax season and the Carbon Disclosure Project (CDP) carbon reporting season. At a first glance, you wouldn’t think so, but both filing processes are remarkably similar.
Filing taxes increases transparency to shareholders, clients, and the public on company financials. Measuring and disclosing greenhouse gas emissions data by participating in the CDP does the same thing on an environmental front. Both processes can help businesses identify risks, plan for the future, increase efficiency and reduce unnecessary costs.
Other similarities? The CDP offers a detailed Guidance document with step-by-step instructions and explains the reporting system structure in excruciating detail; a striking similarity to tax preparation guidance documents! The CDP provides a dizzying list of descriptions, codes, and policies. Sound familiar?
As the final step to preparation, the CDP provides a Response Check, or “high level checking service” that reviews responses prior to submission. External consultants review the responses for completeness and offer expert feedback for a standard $1,000 fee. In the tax world, you have your local CPA.
Keep the deadlines in mind, and do your spring cleaning of paperwork!
The previous blog posts discussed the importance of corporate water footprinting from the environmental, business, and sustainability perspectives. But what is measured and how?
Businesses consider three different water types: blue, green, and grey. Blue water is measure of freshwater from surface or ground water. Green water is a measure of rainwater stored in the soil as soil moisture. Grey water is polluted water associated with production.
The corporate water footprint also considers the abundance of the local supply, as well as the water quality. Given the water types, using more water isn’t always “bad.” Producing agriculture in an area with plentiful Blue water is less of a problem than producing the same crop using scarce groundwater supplies.
There are several online tools available to assist companies in reporting their water usage. Some examples are:
- The Carbon Disclosure Project
- The Water Footprint Network’s “water footprint”
- Life Cycle Assessment
- World Business Council for Sustainable Development (WBCSD) Global Water Tool
- Global Environmental Management Initiative (GEMI) Water Sustainability Planner/Tool
When undertaking corporate water footprinting, businesses should have a thorough understanding of the tools available for reporting. A comparison of these tools will be discussed in more depth in our free webinar March 21. To register, visit: http://www.capaccio.com/handouts/eblast/0312_Water_Footprinting_WebEvite.htm