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CDP Carbon Disclosure Program Questionnaire Response Deadline and Preparation Matters
About CDP
CDP (Carbon Disclosure Project) was established in 2000 to drive global businesses and cities to take action to combat climate change through transparent and comprehensive data disclosure. CDP's Carbon Disclosure Questionnaire is the primary tool used by businesses and government agencies to report their greenhouse gas emissions data and environmental strategies.
Purpose of the Questionnaire
The main purpose of the CDP Carbon Disclosure Questionnaire is to collect and disclose environmental data on companies and cities, especially information on greenhouse gas emissions, climate change risks, and mitigation measures. This data serves as a reference for investors, decision-makers, and the public, helping them evaluate a company's environmental performance and sustainable development strategies.
Questionnaire Structure
CDP's carbon disclosure questionnaire is divided into several main sections, each covering specific topics, including:
1. Company Information and Strategy
This section requires companies to provide basic information, such as company name, location, industry category, etc. At the same time, companies need to describe their climate change-related strategies and governance structures, including the role and responsibilities of the board of directors in climate change issues, the company's climate risk assessment, and response strategies.
2. Greenhouse Gas Emissions Data
This section is the core of the questionnaire, requiring companies to report their greenhouse gas emissions data in detail. Companies are required to report their Scope 1, Scope 2 and Scope 3 emissions in accordance with the GHG Protocol standards. Scope 1 covers direct corporate greenhouse gas emissions, Scope 2 covers indirect emissions from electricity purchases, and Scope 3 covers supply chain and other indirect emissions.
3. Climate risks and opportunities
Companies need to describe the risks and opportunities they face in the context of climate change, including physical risks (such as extreme weather events), transition risks (such as policy changes), and their response measures. At the same time, companies need to evaluate the business opportunities that climate change may bring, such as new energy development and changes in market demand.
4. Mitigation and Adaptation Actions
This section requires companies to describe their specific actions and plans to reduce greenhouse gas emissions, as well as adaptation measures to combat climate change. For example, businesses may report on their energy-efficient retrofits, the use of renewable energy sources, the adoption of carbon capture and storage technologies, and more.
5. Goals and Performance
Companies need to set and report on their emissions reduction targets and progress, including short-term and long-term targets. In addition, companies need to describe their methods for monitoring and evaluating the achievement of their goals.
The Value of the Questionnaire
The CDP Carbon Disclosure Questionnaire provides a systematic framework for businesses and cities to fully understand and manage their environmental impact. This data not only helps companies improve their own environmental performance but also enhances the trust and support of investors and other stakeholders. By participating in CDP, businesses can demonstrate their commitment to environmental responsibility, enhance their brand image, and gain an edge in the market.
Global Impact
To date, thousands of companies and hundreds of cities around the world have participated in the CDP Carbon Disclosure Questionnaire, which is widely used in research, policy formulation, and investment decision-making. CDP's database has become one of the world's largest and most comprehensive enterprise environmental data platforms, providing important support for driving the global transition to a low-carbon economy. The CDP Carbon Disclosure Questionnaire is an important tool for companies and cities to manage their climate change impacts, promoting global environmental protection and sustainable development through open and transparent data disclosure. By actively participating in and comprehensively reporting their environmental data, companies can not only improve their own environmental performance but also contribute to the global effort to combat climate change.
CDP Disclosure System's Global Non-Profit Organization/Source/Carbon Disclosure Project
When responding to the CDP questionnaire, companies mainly focus on the following key topics:
1. Climate change
Companies need to provide detailed information about their strategies and measures to address climate change, including:
Corporate Governance and Strategy
Board Participation: Describe how the board participates in climate change-related decision-making and oversight.
Management Responsibilities: Explain the roles and responsibilities of internal management in the company on climate change issues.
Risk Management Process: Explaining how businesses identify, assess, and manage risks and opportunities related to climate change.
Climate Change Policies and Strategies: Outline the company's climate change policies, long-term strategies, and implementation progress.
Risks and Opportunities
Companies need to disclose the risks and opportunities brought about by climate change, including but not limited to:
Physical risks: such as the impact of extreme weather events (typhoons, floods, droughts, etc.) on business operations.
Transition risks: The impact of climate change policy and regulatory changes, technological innovation, and changes in market demand on enterprises.
Opportunities: Market opportunities brought about by climate change through innovative products or services.
Greenhouse Gas Emissions
Data Companies need to report their greenhouse gas emissions data in detail, covering Scope 1, Scope 2 and Scope 3 emissions, including:
Scope 1: Greenhouse gases emitted directly by the enterprise, such as fuel combustion emissions from factories and equipment.
Scope 2: Emissions from indirect energy sources such as electricity and heat purchases.
Scope 3: Supply chain and other indirect emissions, including upstream and downstream activities, such as supplier emissions, product transportation, waste disposal, etc.
Mitigation Measures and Emission Reduction Targets
Companies need to explain the specific mitigation measures they have taken and the emission reduction targets they have set, including:
Mitigation measures: such as improving energy efficiency, using renewable energy, implementing low-carbon technologies and practices, etc.
Emission reduction targets: Short-term and long-term greenhouse gas emission reduction targets, explaining the scientific basis and pathways to achieve these goals.
Adaptation Measures Companies need to describe their adaptation measures to address the impact of climate change, including:
Adaptation strategies: such as improving infrastructure design, improving supply chain resilience, employee training, etc.
Specific actions: such as changing supply chain management strategies, improving the durability of raw materials and products, etc.
Financial Impact :
Companies need to disclose the impact of climate change on their financial position, including:
Cost and Benefit Analysis: The impact of climate change risks and opportunities on business costs and earnings.
Capital Expenditure vs. OpEx: Increased capital expenditure and opex to combat climate change.
2. Water security :
Businesses need to disclose information about their water management strategies and measures, including:
Water resource management
Water Use: Businesses are required to report on their water usage, including water withdrawal and discharge.
Water Risk Assessment: Companies need to describe how they assess and manage water-related risks, such as water scarcity and pollution.
Water Conservation Strategies: Businesses need to explain their strategies and measures to protect and sustainably use water resources.
Water use target businesses need to set and report on their water use goals and progress, including short-term and long-term goals.
Supply chain engagement companies need to disclose how they manage and reduce water use in their supply chains, including:
Supplier engagement programs: How companies work with suppliers to achieve water management goals.
Supply Chain Water Usage Data: Water usage data and management measures for key suppliers in the supply chain.
3. Forest
companies need to disclose information about their forest management and conservation measures, including:
Forest management
Forest resource use: Companies need to report on the forest resources they use, including the source and usage of products such as wood and paper.
Forest risk assessment: Companies need to describe how they assess and manage risks related to forest resources, such as deforestation and forest fires.
Forest protection strategies: Companies need to explain their strategies and measures to protect and sustainably use forest resources.
Forest resource use targets Enterprises need to set and report on their forest resource use goals and progress, including short-term and long-term goals.
Supply chain participants need to disclose how they manage and reduce the use of forest resources in their supply chain, including:
Supplier engagement plans: How companies work with suppliers to achieve forest resource management goals.
Supply chain forest resource use data: Forest resource use data and management measures of major suppliers in the supply chain.
By responding to these issues in detail, companies can demonstrate their commitment to environmental responsibility and specific actions, and help investors and other stakeholders better understand the company's sustainability strategy.
The first year of CDP questionnaire responses to companies/sources/Carbon Disclosure Project
Companies with 2-3 years of experience in responding to CDP questionnaires/data sources/Carbon Disclosure Project
Enterprises can gain the following corporate values by participating in the CDP program:
1. Enhance corporate image and reputation
Participating in the CDP program and disclosing environmental information helps demonstrate corporate transparency and environmental responsibility, thereby enhancing the company's reputation and brand image. This is particularly important for attracting consumers and investors who have high expectations of environmental responsibility.
2. Promote trust in capital markets
The data and analytics provided by CDP help investors assess the environmental risks and opportunities of companies. Capital markets and procurement agencies make informed decisions based on this data, rewarding businesses that excel in environmental management, thereby promoting trust in the capital market.
3. Improved Environmental Performance
By disclosing environmental impacts, risks, opportunities, investments, and strategies, businesses can better measure and manage their environmental performance. This helps businesses identify environmental risks and take mitigation measures accordingly, improving overall environmental performance.
4. Enhance compliance capabilities
By participating in CDP questionnaire disclosures, companies can better understand and comply with international and local regulatory requirements. This can help reduce legal risks and fines for non-compliance with environmental regulations and enhance compliance for businesses.
5. Support strategic decision-making :
The data and analytics provided by CDP help companies formulate scientific emission reduction targets and sustainable development strategies. By participating in CDP programs, companies can better identify and manage risks and opportunities in climate change, water security, and forest protection, supporting long-term decision-making.
6. Increase competitive advantage
Companies actively participate in CDP programs and disclose their environmental data, which can help enhance their competitiveness in the market. This not only appeals to environmentally conscious clients but also to investors and partners who value sustainability.
7. Promote internal management By participating in the CDP program, enterprises need to establish and improve internal environmental management systems, which can help improve internal management and work efficiency. Businesses can better identify, assess, and manage environmental risks and facilitate collaboration across departments.
8. Gain International Recognition
CDP's rating system (A to D grades) provides an internationally recognized standard for companies to achieve higher ratings through good environmental performance, which is of great significance for their recognition and competitiveness in the international market.
9. Support supply chain management
By participating in CDP programs, businesses can better manage and reduce environmental risks in their supply chains. This helps companies collaborate with suppliers to achieve sustainability goals and improve environmental performance throughout the supply chain.
In conclusion, participating in the CDP program not only helps companies improve their environmental performance but also increases market competitiveness, gains the trust of investors and customers, and supports their long-term sustainable development strategies.
The relationship between CDP questionnaire and corporate disclosure/data source/Carbon Disclosure Project
CDP Disclosure Rating A~D Rating/Source/Carbon Disclosure Project
Procurement agencies and capital markets view CDP disclosures/data sources/Bu-Jhen low-carbon strategy compilation
Utilization of CDP data/Data sources/Carbon Disclosure Project
When participating in a CDP program, companies should be fully prepared and aware of the limitations during the implementation of the program. The following are specific preparations and implementation period restrictions:
(1) Work preparation
1. Establish an internal environmental management team Enterprises should establish a dedicated environmental management team responsible for filling out CDP questionnaires and collecting relevant data. Team members should include environmental experts, data analysts, and company management representatives.
2. Data collection and management companies need to prepare detailed greenhouse gas emissions data, including Scope 1, Scope 2 and Scope 3 emissions. This data needs to comply with the standards of the Greenhouse Gas Inventory Protocol (GHG Protocol). In addition, companies need to collect environmental data on energy consumption, water use, waste treatment, etc.
3. Identifying Risks and Opportunities : Businesses address risks and opportunities related to climate change, water resources, and forests. This includes physical risks (such as extreme weather events), transition risks (such as changes in policies and regulations), and market opportunities (such as the development of low-carbon products and technologies).
4. Set emission reduction targets Companies need to set scientific emission reduction targets, covering both short-term and long-term goals. These targets should be set based on the actual situation of the enterprise and international standards (such as the Science Based Targets initiative, SBTi, RE100).
5. Develop and implement environmental strategies Businesses need to develop detailed environmental strategies and action plans that cover mitigation measures (e.g., improving energy efficiency, using renewable energy) and adaptation measures (e.g., improving supply chain resilience). These strategies should be supported by the board of directors and senior management.
6. Internal training and education : Enterprises should train relevant employees to understand the requirements and methods of filling out the CDP questionnaire, as well as the company's environmental goals and strategies.
7. Third-party verification (not mandatory) Enterprises may consider hiring a third-party organization to conduct inventory calculations of their greenhouse gas emission data and environmental management systems, or third-party audits and verification to ensure the accuracy and transparency of the data.
(2) Restrictions on the implementation period of the plan
1. Data preparation and submission time There is a strict time limit for filling and submitting CDP questionnaires. Businesses need to collect and submit all relevant data within a specified time, usually the online reply platform will open in April every year, July is the deadline for obtaining ratings, and the platform will be closed in September to publish ratings.
2. Data Integrity Requirements : Businesses need to ensure that the submitted data is complete and accurate. This includes filling in more than 80% of the space and making a choice in all drop-down menus. Provide details of Scope 1 and Scope 2 emissions data, energy data, and emission reduction activities.
3. Management involvement Enterprises need to ensure that senior management and board of directors are involved in environmental management and CDP programs. This includes management's role in climate and sustainability matters, as well as the board's oversight of climate risks and opportunities.
4. Science Based Emission Reduction Targets Enterprises need to formulate and report Science Based Emission Reduction Targets (SBTi) to ensure that the targets comply with international standards and the actual situation of the enterprise. These targets should include short- and medium-term carbon reduction targets.
5. Resource Investment : Enterprises need to invest sufficient resources to support the implementation of CDP programs, including financial resources and human resources. Businesses should allocate a dedicated budget to support data collection, auditing, and reporting.
6. Compliance and Legal Requirements : Companies need to ensure that their environmental management and CDP disclosures comply with local and international laws and regulations. This helps reduce legal risks and enhance the compliance capabilities of businesses.
7. Supply Chain Management Enterprises need to collaborate with key suppliers in the supply chain to jointly manage and reduce environmental risks. This includes the collection and reporting of environmental data from suppliers, as well as the setting and achievement of environmental goals in the supply chain.
In conclusion, participating in CDP programs requires comprehensive preparation, ensuring data integrity and accuracy, and formulating detailed environmental strategies and goals. During the implementation of the plan, companies must adhere to strict time and data requirements to ensure the active participation of management and supply chain, ultimately improving the company's environmental performance and market competitiveness.
CDP discloses the deadline for responding to the questionnaire/data source/summary of Bu-Jhen low-carbon strategy
CDP Carbon Disclosure Program Progress KPIs/Data Sources/Summary of Bu-Jhen Low-Carbon Strategy
CDP Disclosure Plan Schedule/Data Source/Summary of Bu-Jhen Low Carbon Strategy
CDP questionnaire response deadline table/data source/summary of Bu-Jhen low-carbon strategy
Before responding to the CDP questionnaire, you should check the emission baseline/data source/Bu-Jhen low-carbon strategy compilation
Bu-Jhen comprehensive guidance CDP disclosure plan and questionnaire responses/data sources/Bu-Jhen low-carbon strategy compilation
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