The CDP, formerly known as the Carbon Disclosure Project, is a non-profit and global organization that assists companies in disclosing their environmental impact. The CDP helps to promote transparency and fight climate change.
Having started back in 2000, the main goal of the CDP is to help support business, cities, governments, and states to improve their current practices in measuring and managing their emissions in order to improve upon their existing methodologies to better reduce their environmental impact long-term.
The CDP can help companies to boost transparency and engage in the fight against climate change by:
While other global frameworks, environmental regulations, and organizations such as the GHG Protocol, CSRD, and SBTi having become more instantly recognizable as opposed to the CDP – it is important to note that the CDP is still relevant as it remains as an indispensable contributor to helping companies take accountability for their impact on climate change. In fact, the CDP is a disclosure platform that can prove complementary to things like the GHG Protocol.
This is because the CDP continues to serve as a global player for reform in plastic usage, water usage, and overall accountability on climate change.
Serving as a non-profit organization, the CDP is the only worldwide independent environmental disclosure system to help various regions to manage their existing impact on the environment.
The CDP helps companies on their sustainability journey by providing them with a CDP score, which will help various organizations to better understand how their current business practices impact the organization’s surrounding environment, ecosystems, and even people.
As a whole, a CDP score can help inspire companies to make tangible changes in their business practices to reduce their current environmental impact – ultimately inspiring other organizations to do the same, which further propels the CDP’s existing core value on transparency and sustainability.
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