CDP 2016 hints and tips
Have you started thinking about your CDP 2016 submissions yet? If you haven’t, you better start soon! The 2016 CDP questionnaire is expected to include major changes that can potentially affect your submissions and overall score.
This year’s CDP has more than a few changes. Not only is CDP introducing a fee for responding companies, they are also making significant changes to the scoring system. In addition, the questionnaire is introducing:
- renewable energy targets
- science based targets
- low-carbon products
- revised scope 2 emissions accounting
Taken together, these changes promise one of the biggest shake-ups in the history of CDP’s climate change program.
Where to start?
• Get organised
Allow yourself enough time. The June deadline seems a long time away but it will arrive before you know it. The new scoring approach is usually available in February. Keep an eye on the CDP website (link) where the new changes will be made available. Before you start, allow enough time to understand the changes and adapt your answers accordingly.
• Be sure you fully understand the new changes
This is essential if you want to keep your score high, or if you are aiming at a better score than last year. You may be surprised by how much your score might be affected this year if you use the same approach. We believe that under the new system, companies that scored performance band A last year will not automatically score the same this year.
• Ask for support
If you are having troubles understanding all the changes or are unsure whether you are following the right steps to obtain a high score, then why not ask for support and advice? IMS Consulting (Europe) Ltd has been supporting clients with their CDP submissions since 2010 and has been a CDP-accredited service provider since 2013. In 2015, we helped a record number of clients across Europe improve their CDP disclosure and performance score.
How can we help?
The starting point for our work is a review of your previous year’s CDP submission. We will provide a detailed analysis of the current status and help you understand where points were lost. Based on this, we will work with you to identify areas of improvement, benchmark against peer companies where appropriate, and develop a draft response. Further reviews will allow us to identify whether additional improvements are possible and provide you with an indication of what score you are likely to achieve.