Why Should Companies Respond?

Responding to the CDP information request is voluntary, however the request for disclosure comes from over 385 institutional investors who hold stakes in a large number of the companies written to by CDP. More and more companies are seeing the benefits of responding to the questionnaire:

  • Climate change presents strategic risks and opportunities to most companies.
  • Going through the process of answering the CDP questionnaire enables companies to begin the process of measuring their carbon emissions: this is the first step towards being able to then manage these emissions.
  • Answering CDP provides a high level of visibility and accountability to all stakeholders including institutional investors.
  • The questionnaire contains quantitative as well as qualitative information and thus it enables companies to take a holistic look at climate related risks, opportunities and management strategies.