A substantially increased average score of “B” has been achieved by organisations who have responded to the Carbon Disclosure Project (CDP) with Envantage’s assistance, whose 2016 scores have now been released.
This places Envantage’s clients well above the overall average score of CDP participants, which is a “C” – providing them with influential material for brand value, marketing and stakeholder relationships.
In all cases, this high result is a considerable improvement on the scores of a “D” or a “C” that the organisations had previously received in 2015.
The boost in performance delivered by Envantage is an excellent result and has been achieved by working with the organisations to carry out effective CDP reporting, carefully answering all elements of the questionnaire in line with the scoring methodology and reporting GHG emissions data correctly.
A detailed and compelling narrative that fully describes the organisation’s practices has ensured that maximum points are awarded, alongside recommendations of effective carbon management structures.
What is the CDP?
The Carbon Disclosure Project (CDP) is a global disclosure system for companies, cities, states and regions to manage their environmental impacts. The scheme enables investors and purchasers to access environmental information for use in financial decisions.
Scores are awarded according to a scale of A, A-, B, B-, C, C-,D, and D-.
Organisations use the CDP to voluntarily disclose Green House Gas emissions, carbon reduction initiatives and climate change strategies. In 2016, over 5,600 companies responded to the CDP climate change, water, forests and supply chain questionnaires.
For a medium to large company, failing to report to the CDP is seen as a brand value and stakeholder risk.
A good score on the other hand will provide a valuable boost for brand value and investor confidence.
How Envantage can help
Envantage have worked alongside a variety of UK-based and global organisations providing CDP reporting for a number of years, delivering successful CDP rankings.
Our suite of services range from verified Green House Gas (GHG) quantification to bespoke carbon abatement plans.
If you would like to participate in the CDP, or improve your score, speak to one of our consultants today. Contact Envantage by calling 0800 054 2577 or email us at firstname.lastname@example.org.