December 29, 2009
Carbon Disclosure Project Publishes 2010 Information Request for Companies
by Robert Kropp
In addition to the information request, which will be sent to more than 4,500 companies on February
1st, the CDP invites investors to become signatories.
Since 2003, when the Carbon Disclosure Project
(CDP) issued its first annual request for corporate climate change information, the number of
disclosing companies has grown to more than 2,500.
Acting on behalf of 475 institutional investors
that hold $55 trillion in assets under management, the CDP operates a climate change reporting
system that contains the world’s largest database of climate change information, as well as
corporate strategies for mitigation and adaptation. The information submitted by companies is
available to investor signatories on the CDP’s website.
The CDP recently released its 2010 Information
Request, which will be sent in February to the Chairs, or equivalent, of some 4,500 companies.
Companies that will receive the questionnaire include the companies listed in the S&P 500 in the
US, 800 of the largest global companies in developed countries listed on the FTSE All-World
Developed Index, and 800 of the largest and mid sized companies in Emerging Markets.
questionnaire requests corporate information pertaining to corporate governance, identification of
risks and opportunities, business strategy such as emissions reduction targets, and emissions
accounting, energy fuel use, and carbon trading. In an effort to increase the comparability of
emissions figures, the CDP has also provided a draft framework as part of its 2010 effort.
Because some questions asked by the CDP are sector-specific and may not be relevant for all
companies, it requests that companies assess the relevance of such questions by referencing the Greenhouse Gas Protocol (GHG Protocol), an
international accounting tool for government and business leaders which serves as the foundation
for most GHG standards and programs.
To further the standardization of corporate
reporting, the CDP aligns its questionnaire with the Global Reporting Initiative (GRI), the world’s most
widely used sustainability reporting framework.
Along with the release of its 2010
questionnaire, the CDP has called on investors to become signatories. “Given the increasing
importance of climate change as an investor issue,” the CDP stated, “Asset managers will be
particularly interested in this data.”
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