SEMTRIO, improves quality of CDP questionary responses and helps companies to increase their CDP score.
CDP Carbon Disclosure Project is the only independent, global system through which thousands of companies measure, disclose, manage and share vital environmental information. CDP aims to catalyse a global economic system that operates within sustainable environmental boundaries and prevents dangerous climate change, improves water security and avoids deforestation. The insights offered by the data CDP collects enables investors, companies and governments to make informed decisions to mitigate the risks of environmental issues whilst capitalizing on the opportunities that a responsible approach presents.
By responding CDP, your organization is demonstrating to your investors, customers and key stakeholders that you are taking steps towards managing your environmental impacts, minimising risks and maximising business opportunities.
SEMTRIO creates short and long term strategy management plans for its clients wishing to participate at CDP Platform.
CDP focuses on 4 main areas of sustainability aspects; climate change, water, forest and supply chain. CDP expects participating companies to respond the questionaries' and scores their responses. Every participating company receives a score from A to D and F for not responding companies.
To help companies keep track of their improvement, CDP has developed detailed, program-specific scoring methodologies to measure responses at question-level. They indicate the number of points available for each question and what information the compny need to provide to be awarded these points.
These levels represent the steps that the company will move through as progresses towards environmental stewardship. Each level is translated into a single letter which represents the company’s overall score, so the company knows at what stage the company is currently operating at along the journey towards better environmental stewardship.
Reference: CDP’s guidance for first-time users
For corporate disclosure on climate change, water, forests and supply chain
It might not be possible to respond to all of the questions in your first disclosure, and encourage first time responders to take a simple approach, focusing on providing a complete response to a smaller set of questions, however, to get A – Leadership level from CDP is not too difficult.
A small hint: Accounting GHGs emissions according to a recognized standard and verification of the GHG Report by an individual verifier company help to jump to higher level.
There are important points to note when responding to CDP questions. It is likely more important to know how to answer than answer all the question.
It is unlikely to be starting off with all the information or the right systems in place. However, the very act of starting will begin the conversation for you and your team about taking the next steps in approaching these kinds of questions and implementing a plan to improve year on year. Please do get in touch for more information.