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Amelie Tan
Project Officer, Hong Kong & Southeast Asia
26 February 2019 | PaSTI Workshop, Jakarta
CDP
Driving Low Carbon Economies
2
About CDP
Benefits of Environmental Disclosure
Disclosure in 2018
CDP and low carbon commitment initiatives
Looking ahead: 2019 and beyond
Agenda
Photo credit: Jimmy Chan
3 @CDP | www.cdp.net
About CDPPreviously known as the Carbon Disclosure Project
4
What gets measured, gets managed
@CDP | www.cdp.net
5
Robust Growth: Investor Signatories and Companies
@CDP | www.cdp.net
650+ investors with US$87 trillion in assets
•
115 supply chain members with over US$3 trillion in purchasing power
7,000+ companies responded through CDP
620+ cities disclosed environmental information
120+ states and regions measured their environmental impacts
CDP in 2018
7
Companies and investors
take action to tackle
climate change, safeguard
water resources and
prevent the destruction of
forests.
COMPANIES &
SUPPLIERSRequest
environmental
info via CDP
Measure
environmental
impact to
improve
performance
INVESTORS &
PURCHASING
ORGS
Better disclosure shifts capital to the low carbon economy
CDP data & insights
informs investments &
procurement
Provide data in a
standardized & comparable
format
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CDP underpins environmental data used by the market
@CDP | www.cdp.net
CDP partners with
organizations and
companies that provide
research, data products,
indices and ratings /
rankings to companies,
investors, and consumers.
CDP
Corporate Knights
Global 100 CRO’s 100 Best
Corporate Citizens
DJSI
FTSE4Good Index Series
GS SustainMSCI ESG
Indices
OekomCorporate Rankings
SustainalyticsCompany Rankings
Trucost
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Journey to environmental stewardship
Disclosure
• Tracking transparency
Awareness
• Understanding what environmental issues mean to your organization
Management
• Taking action to tackle environmental issues, minimise risks and realise opportunities
Leadership
• Best practice in environmental stewardship
10 @CDP | www.cdp.net
Benefits of
Environmental Disclosure
Benefits for companies disclosing to CDP
Investor
communicationDemonstrate to
investors your proactive
approach towards
addressing climate risks
and opportunities
Reduce
reporting burdenReport to multiple
investors and
customers through a
standardised, central
system
Internal risk
management Improve the resilience
of your direct operations
and supply chain
Stakeholder
communicationIncrease your
transparency and
effectively communicate
to your stakeholders
OpportunitiesSeize the opportunities
associated with
improved environmental
stewardship
Benchmarking Compare your
performance to industry
peers and progress
Improve
performanceLay groundwork for
internal goals and
benchmarks and
enhance existing
management efforts
• Percent of disclosers
who have set company-
wide targets and goals
DISCLOSURE WORKSSupplier improvement over time
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50% 60% 66%
First-time disclosers Second-time disclosers Third-time disclosers
Percent of disclosers who
have emissions reduction
initiatives
38% 48%69%
Cutting emissions, saving costs
13
were cut by
suppliers in 2018
metric
tons of 633MCO2e
US$19.3B
This represents a
cost savings of
More than
Canada’s
total emissions
in 2017
#CDPSupplyChain | @CDP
14 @CDP | www.cdp.net
Disclosure in 2018
Alignment with TCFD recommendations
Introduced sector-specific questionnaires
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Aligning with recommendations fromTaskforce on Climate-related Financial Disclosures (TCFD)
Fully aligned with TCFD recommendations
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Governance Strategy Risk Management Metrics and Targets
Disclose the organization’s governance
around climate-related risks and
opportunities.
Disclose the actual and potential impacts of
climate-related risks and opportunities on
the organization’s businesses, strategy, and
financial planning where such information is
material.
Disclose how the organization identifies,
assesses, and manages climate-related
risks.
Disclose the metrics and targets used to
assess and manage relevant climate-related
risks and opportunities where such
information is material.
Governance recommended disclosure Strategy recommended disclosureRisk Management recommended
disclosure
Metrics & Targets recommended
disclosure
a) Describe the
board’s oversight of
climate related risks
and opportunities.
C1.1b a) Describe the
climate related risks
and opportunities the
organization has
identified over the
short, medium, and
long term.
C2.1, C2.2b, C2.3,
C2.3a, C2.4, C2.4a
a) Describe the
organization’s
processes for
identifying and
assessing climate-
related risks.
C2.2b, C2.2c a) Disclose the metrics
used by the
organization to assess
climate-related risks
and opportunities in
line with its strategy
and risk management
process.
C4.2
b) Describe
management’s role in
assessing and
managing climate
related risks and
opportunities
C1.2, C1.2a b) Describe the impact
of climate-related risks
and opportunities on
the organization’s
businesses, strategy,
and financial planning.
C2.5, C2.6, C3.1,
C3.1c
b) Describe the
organization’s
processes for
managing climate
related risks.
C2.2c, C2.2d b) Disclose Scope 1,
Scope 2, and, if
appropriate, Scope 3
greenhouse gas
(GHG) emissions, and
the related risks
C6.1, C6.3, C6.5
c) Describe the
resilience of the
organization’s
strategy, taking into
consideration different
climate related
scenarios, including a
2°C or lower scenario.
C3.1a, C3.1d c) Describe how
processes for
identifying, assessing,
and managing climate
related risks are
integrated into the
organization’s overall
risk management.
C2.2 c) Describe the targets
used by the
organization to
manage climate
related risks and
opportunities and
performance against
targets.
C4.1, C4.1a, C4.1b
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Sector-specific approach for better insights
Cluster Climate change Forests Water security
Agriculture Food, beverage & tobacco
Agricultural commodities
Paper & forestry
Paper & forestry Food, beverage &
tobacco
Energy Coal
Electric utilities
Oil & gas
Electric utilities
Materials Cement
Chemicals
Metals & mining
Steel
Metals & mining
(2019)
Chemicals
Metals & mining
Transport Transport OEMS
Transport OEMS – EPM
Transport services
General All other sectors
18
2018 Disclosure in Indonesia
Investor program:
- 5 out of 60 requested companies
responded
- 5 companies based in Singapore with
operations in Indonesia also responded to
CDP investor requests
Supply Chain program: 22 out of 30
requested
Cities: Jakarta and Bogor
19 @CDP | www.cdp.net
CDP and low carbon
commitment initiatives
@CDP | www.cdp.net
We Mean Business Coalitionworking with the world’s most influential businesses to take action on climate change
Coalition
Partners
Initiatives
Companies taking ambitious action
1,366 Commitments
to bold action 836 Companies
leading the way $16.9 Trillion
market cap
Adopt a science-based emissions reduction target
Commit to 100% renewable power
Commit to double energy productivity
Commit to electric vehicles and charging infrastructure
Grow the market for the world’s most sustainable fuels
Remove commodity-driven deforestation from all supply chains by 2020
Improve water security
Reduce short-lived climate pollutant emissions
Put a price on carbon
Commit to implement the recommendation of the Task Force on Climate-related Financial Disclosures
Commit to responsible corporate engagement in climate policy
Join the low carbon technology partnerships initiative
@CDP | www.cdp.net
22 @CDP | www.cdp.net
Looking ahead:
Upcoming activities in 2019
and beyond
2019 Disclosure timeline for companieswww.cdp.net/guidance
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Date Description
Feb 2019 Official disclosure requests sent to companies requested by investors.
Mar 2019Final version of reporting guidance and scoring methodologies available on
CDP website.
Apr 2019Official disclosure requests sent to companies requested by customers.
Online Response System (ORS) opens.
Jul 2019
Companies must submit their response to investors and/or customers using the
ORS by July 31, 2019 to be automatically eligible for scoring and inclusion in
reports (where applicable).
Nov 2019 Scores and public responses released.
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What’s next?
In 2019
Introduction of new sector for Forests
Metals & mining/coal.
In 2020
Introduction of new sectors for Climate Change
Financial services (banking, insurance, asset owners, asset management)
Materials(Capital goods, Real estate development & management)
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CDP Workshop: Accelerating Implementation of Sustainable Palm Oil Commitments
Date : 14th March 2019
Time : 9:00am to 5:00pm
Venue : Le Meridien Hotel Jakarta
RSVP : bit.ly/CDP1403 by 13th March 2019
This workshop is free and by invitation only.
For inquiries about this workshop, please contact [email protected].
Event partner:
26
2018 Hong Kong & Southeast Asia report
http://bit.ly/CDPHKSEA18
