Carbon Disclosure Project Series - Part 2

CDP’s mission is to make environmentalreporting and risk management a business norm, driving action toward asustainable, low-carbon economy. It serves as an independent disclosure systemfor three critical focus areas: climate change, water security, anddeforestation. Companies, along with cities and governments, are prompted tomeasure and report their impacts and strategies in these domains. CDP believesthat “what gets measured gets managed,” so its platform helps organizationsidentify and address environmental risks and opportunities.

• Climate Change: The original pillar     of CDP, covering greenhouse gas emissions, climate risks, opportunities,     and mitigation strategies. By reporting, companies align with climate     science and frameworks (e.g. Science Based Targets initiative) and     contribute data to track progress against the Paris Agreement.
• Water Security: This program (since     2010) focuses on water-related risks like scarcity and flooding, as well     as corporate water stewardship. It acknowledges that water management is     vital for long-term business resilience.
• Forests: CDP’s forests     questionnaire (integrated in 2013) addresses the four key commodities     driving deforestation. It helps companies manage supply-chain risks and     supports global goals to halt deforestation.
• Supply Chain & Beyond: CDP also     runs a Supply Chain initiative where major purchasing companies request     their suppliers to disclose via CDP. As of 2023, over 330 supply chain     members (large multinationals) engaged 47,000+ suppliers in reporting     environmental data​     – extending CDP’s impact deep into corporate value     chains. Additionally, CDP data supports financial institutions and     policymakers; for example, over 700 capital market signatories with $142     trillion in assets use CDP disclosures to inform investments. By covering     climate, water, and forests in a unified system, CDP provides stakeholders     a holistic view of an organization’s environmental performance.

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