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CDP Climate Change Questionnaire Preview and Reporting Guidance 2020 - Version Control
Version number
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Release/Revision date
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Revision summary
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1.0
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Released: December 16, 2019
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The
2020 climate change questionnaire preview and preliminary version
of the reporting guidance was released.
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2.0
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Released: March 13, 2020
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- C1.1a, C2.2a: Modification to “Requested content” for “Please explain”.
- C2.3a: Modification to “Requested content” for “Explanation of financial impact figure” and “Description of response and explanation of cost calculation”.
- C2.4a: Modification to “Requested content” for “Explanation of financial impact figure” and “Strategy to realize opportunity and explanation of cost calculation”.
- C3.1d, C3.1e: Modification to “Requested content” for “Description of influence”.
- C3.1f: Updated character limit to 7000 characters.
- C6.10: Modification to “Requested content” for “Reason for change”.
- C8.2e: Modification to “Requested content”.
Real estate and construction sectors:
- C-CN6.6c/C-RE6.6c, C-RE9.9a, C-CN9.10a/C-RE9.10a: Property classification updated in line with 2020 GRESB Real Estate Assessment – column header renamed to “Property sector” and drop-down options revised.
Financial services sectors:
- C2.3a: Modification to a drop-down option in ”Primary potential financial impact”.
- C-FS2.2f: Modification to “Please explain”.
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2.1 |
Released: March 31, 2020 |
- C3.1d, C3.1e, C4.2a: Added "Example response".
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2.2 |
Released: April 14, 2020 |
- The Terms were added for the 2020 Investor and Supply Chain questionnaires.
- The Deadline for submission was updated to: August 26, 2020.
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2.3 |
Released: May 7, 2020 |
- C3.1e: Updated character limit to 7000 characters for "Description of influence".
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2.4 |
Released: May 28, 2020 |
- C-EU8.2d: Modification to “Requested content” and “Change
from last year”.
- C-MM9.3a: Modification to “Requested content” for “Production, copper-equivalent units, metric tons”.
- C-MM9.3b: Modification to “Change from last year”.
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2.5 |
Released: June 11, 2020 |
- C8.2e: Modification to “Requested content” for “General” and “MWh consumed accounted for at a zero emission factor”
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CDP disclosure cycle 2020
Accessing questionnaire previews, reporting guidance, and scoring methodologies
CDP’s corporate questionnaire previews, reporting guidance, and scoring methodologies for climate change, forests and water security can be accessed from the guidance for companies page of CDP's website.
Submitting a response to the questionnaire(s)
Responses to questionnaires must be submitted via CDP's Online Response System (ORS), which is part of CDP's online disclosure platform. Please refer to Using CDP's Online Disclosure Platform for more details. Please note that while the questions themselves are the same in the questionnaire preview as they are in the ORS, the display format of some questions may differ, particularly for drop-down options and tables.
Sector-specific questions
Companies in high-impact sectors, in addition to the general questions, will be presented with questions specific to that sector. The rationale for developing a refined questionnaire for each of these sectors is outlined in the relevant sector introduction.
The sector-specific questions to companies are defined by CDP's Activity Classification System (CDP-ACS). This system categorizes companies by focusing on the activities from which they derive revenue and associating these with the impacts to their business from climate change, water security and deforestation.
Please note that since each questionnaire includes sector-specific questions throughout, and not all questions will be applicable to your organization, some question numbers may skip.
Full and Minimum versions of the questionnaire
All organizations completing the climate change, forests and water security questionnaires are eligible to complete the full questionnaire.
In some cases, organizations may be eligible to complete a minimum version which contains fewer questions, and no sector-specific questions or data points. Organizations are eligible to complete the minimum version in the following circumstances:
- They are disclosing to that questionnaire for the first time; OR
- They are not disclosing to that questionnaire for the first time, but have an annual revenue of less than EUR/US $250 million*
Organizations opting to complete a minimum version will only be eligible for scoring if they are submitting a response to customers (CDP Supply chain members). For more information on scoring eligibility and implications, please see our Scoring Introduction.
* For previous responders to a questionnaire with an annual revenue of less than EUR/US$250 million, CDP reserves the right to remove the option of a minimum version questionnaire due to the organization’s potential or existing environmental impact.
Timeline:
December 2019
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- Preview of 2020 questionnaires and preliminary version of reporting guidance released on CDP website.
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March 2020
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- Final version of reporting guidance and scoring methodologies released on CDP website.
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April 2020
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- Online Response System (ORS) opens in the week commencing 13 April 2020.
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August 2020
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- Companies must submit their responses to investors and/or customers using the ORS by 26 August 2020 to be eligible for scoring and inclusion in reports (where applicable).
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For any disclosure-related enquiries, please contact your regional CDP contact, or [email protected].
CDP climate change questionnaire
This questionnaire is the property of CDP Worldwide, reproduction of all or part (including within software platforms) without permission of CDP Worldwide is prohibited. Please contact [email protected] for more information on this.
Introduction to CDP's climate change program and questionnaire
The 2015 Paris Agreement was a tipping point in the global approach to climate change. By agreeing to limit global temperature rises to well below 2°C, governments have committed to transforming to a low-carbon economy. This transition will create winners and losers within and across business sectors, as the manifestation of climate-related opportunities and risks accelerates in both size and scope. Business as usual will not be a good indicator of how companies will perform.
CDP believes that improving corporate awareness through measurement and disclosure is essential to the effective management of carbon and climate change risk. We request information on climate risks and low-carbon opportunities from the world’s largest companies on behalf of investors, customers, and policy makers.
Regulators have begun to respond to the risks, notably with the Task Force on Climate-related Financial Disclosures (TCFD). Established by the Financial Stability Board, the TCFD has moved the climate disclosure agenda forward by emphasizing the link between climate-related risk and financial stability. The Task Force has recommended that both companies and investors disclose climate change information. This includes whether they are conducting scenario analysis in line with a 2-degree pathway and then setting out how climate-related issues impact their strategy and financial planning. This amplifies the long-standing call from CDP’s investor signatories for companies to disclose comprehensive, comparable environmental data in their mainstream reports, driving climate-related risk management further into the boardroom.
Commit to Action
CDP and its partners in the We Mean Business coalition have created a central platform for companies to tackle key climate issues, with hundreds of companies from every economic sector and geography taking action to date. The We Mean Business “Take Action” platform gives companies a clear pathway for building the Paris Agreement into their business strategies and to future-proof growth, giving policy makers the confidence in raising their ambitions as governments prepare to ratchet up their national pledges in 2020.
Companies who have made commitments through We Mean Business can track progress against them via CDP’s annual disclosure requests. For example, companies can track their commitment to adopt a science-based emissions reduction target by answering C4.1 and C4.2 sub-questions in detail. For more specific information on each commitment and how companies can report on their progress in the relevant sections of CDP’s questionnaires, please refer to the "Commit to Action Technical Note".
Climate change questionnaire structure
There are 14 modules in the general climate change questionnaire, including the Introduction and Signoff modules, plus a module presented only to organizations that are responding to a customer request from one or more CDP Supply Chain Members. The journey through CDP’s general climate change questionnaire includes the following:
- Governance
- Risks and opportunities
- Business strategy
- Targets and performance
- Emissions methodology
- Emissions data
- Energy
- Additional metrics
- Verification
- Carbon pricing
- Engagement
Sector approach
The structure of the CDP climate change questionnaire was redesigned in 2018 in response to market needs and trends in corporate climate change reporting. Revisions included the inclusion of the TCFD recommendations, an increased emphasis on forward-looking metrics, improved alignment with other reporting frameworks, and the integration of sector-specific questions.
For climate change, CDP has incorporated sector-specific questions for 16 high-impact sectors.
Each question number in the climate change questionnaire begins with the letter C. Questions that are unique to companies in a particular sector are labelled using a two-letter abbreviation within the question number. These abbreviations are noted below.
2020 climate change sectors:
- Agriculture: Agriculture commodities (AC); Food, beverage & tobacco (FB); Paper & forestry (PF)
- Energy: Coal (CO); Electric utilities (EU); Oil & gas (OG)
- Financial: Financial services (FS)
- Materials: Cement (CE); Capital goods (CG); Chemicals (CH); Construction (CN); Metals & mining (MM); Real estate (RE); Steel (ST)
- Transport: Transport services (TS); Transport OEMs (TO)
Climate change questionnaire changes in 2020
The changes for 2020 complete CDP’s alignment with the sectors included in the TCFD recommendations. Other changes include revisions to simplify existing modules and questions, correct errors and improve alignment across CDPs questionnaires.
Modifications include:
- New sector-specific questions for the capital goods, construction, financial services, and real estate sectors.
- Modules C2, C3 and C4 revised to remove repetitions, clarify the data requested and improve question pathways.
- Some general questions removed for the electric utilities and financial services sectors.
Revisions and changes are indicated within the questionnaire as: “no change”, “minor change” or “modified question”. “Minor change” indicates wording edits and revisions to drop-down options or a simple clarification, while a “modified question” indicates that the data requested has been revised. A detailed document on climate change question changes from 2019 to 2020 can be found on the Guidance page of the website.
Preparing your CDP response
CDP disclosure support
CDP provides a variety of support materials to help organizations disclosing to our questionnaires. Before completing the corporate questionnaires, we strongly recommend you read the relevant Reporting Guidance, Scoring Introduction document, and relevant Scoring Methodology. Please also see our Frequently Asked Questions.
Reporting guidance
CDP's reporting guidance includes the following sections:
- Module-level guidance: for select modules this guidance provides an overview, key changes, sector-specific content for the module, and important disclosure notes. This section also presents question pathway diagrams showing the flow of questions through each module.
- Question-level guidance: at the question level, guidance is separated into the following components, to provide clarity around questions, terminology and requirements.
- Rationale: provides reasoning behind the inclusion of each question;
- Connections to other frameworks: notes connections to the Sustainable Development Goals (SDGs), RobecoSAM Corporate Sustainability Assessment (DJSI), and Task Force on Climate-related Financial Disclosures (TCFD) for each relevant question in the climate change questionnaire;
- Requested content: offers context around each question and requested criteria;
- Explanation of terms: provides detailed definitions for specific terminology;
- Example responses: for select questions, this provides an example of a response that would include all information requested; and
- Additional information: for select questions, this provides optional contextual information and sources related to the subject of the disclosure request.
- Glossary: viewable at the end of the reporting guidance, the glossary contains a subset of "Explanation of terms".
- Appendix A: Agricultural/Forestry management practices.
If you have any questions that are not answered in the reporting guidance, the additional guidance noted below, or our Frequently Asked Questions, please contact your local CDP office or [email protected].
Additional CDP guidance
In addition to the reporting guidance, scoring methodologies and a selection of technical notes can be found on the guidance for companies page of CDP's website. The full suite of technical notes and guidance materials are accessible from the guidance tool after signing in (updating in progress until March 2020).
Webinars and workshops
CDP hosts live webinars and workshops designed to aid you with environmental reporting.
Please visit the workshops and webinars and climate change pages of CDP's website for more details.
CDP Reporter Services
CDP Reporter Services program offers tailored support, enhanced data access and thought leadership on managing and reporting environmental risk to your business. Access the tools you need to move from disclosure to leadership on integrating climate, forests management, and water security into your wider business strategy. For year-round, personalized disclosure support from a dedicated CDP account manager, a gap analysis of your previous response, final review before submission, and analytics tools to benchmark yourself against peers and understand best practice contact [email protected]. Visit the Reporter Services page of CDP's website for more information.
CDP accredited solutions providers
CDP partners with leading environmental service providers that can support companies throughout all stages of the measurement, reporting and management of their climate and sustainability data and impacts. All CDP solutions providers have met specific accreditation criteria. See provider areas of expertise below, and visit the accredited solutions provider directory to search for the provider best able to support you:
- Carbon reduction solutions providers offer technology and services that can help your organization reduce carbon emissions and improve energy efficiency.
- Climate consultancy solutions providers have a wide range of technical expertise to support companies with establishing and implementing climate change and sustainability strategies.
- Science-based target (SBT) accredited providers have expertise in helping companies to set and implement targets in line with what the latest climate science says is necessary.
- Education & training service providers improve employee awareness and understanding of how climate change affects their organization through carbon management training programs.
- Renewable energy solutions providers provide expertise in procuring, tracking, and generating renewable power.
- Software solutions providers simplify the collection, monitoring, and reporting of sustainability, CSR, and environmental data through integrated sustainability software applications.
- Verification solutions providers help organizations disclose accurate data and improve internal processes by providing third-party verification and assurance of emissions data, a practice recommended by CDP.
As well as visiting our accredited solutions provider webpage, you can also contact [email protected] to find out more.
Notes for completing your disclosure
Acronyms
Avoid using bespoke internal acronyms unless required for your organization’s response, in which case please provide their meaning to enable correct analysis and scoring.
Blank responses
Leaving a response blank is interpreted as non-disclosure. For numeric fields, values of zero (0) imply a measurement has been made, and the value is zero (0). For numeric fields where no measurement has been made, please leave the field blank and provide an explanation in an open text field for that same question (e.g. "Comment" or "Please explain"). If there is no open text field for the question, you may provide an explanation in the "Further information" field in the ORS at the end of your disclosure. Leaving a response blank and entering a value of zero (0) have different scoring implications. Please see the scoring methodology for more details.
Character limits
Limits noted in the guidance and the ORS include spaces.
"Comment" column
Some questions include a column labelled as "Comment". Note that providing information in these columns is optional.
Company-specific information
Some questions request company-specific information. Be sure to include company-specific detail, such as references to activities, programs, products, services, methodologies, or operating locations unique to your company’s business or operations. A company-specific explanation should include details that make the answer true for the responding company and are distinct from other companies in the same industry and/or geography. This level of detail gives data users confidence that the issue at hand has been thoroughly considered in the context of the responder’s own business and not simply assessed in general terms.
Consistency
CDP encourages a comprehensive and consistent response. Please ensure there is no conflicting information in your responses, both within a question and across the questionnaire.
Copy from last year
The "copy from last year" functionality will be available in the ORS for companies that disclosed to CDP in the previous reporting year.
Note that this functionality may have been disabled for modified data points. The reporting guidance will indicate which questions have been modified. The Questionnaire Changes document on the guidance section of the CDP website lists all revisions. Your responses should always be checked before submission.
Data accuracy
CDP recognizes that there may be uncertainty linked to data – this can arise from data gaps, assumptions, metering/measurement constraints including equipment accuracy etc. CDP allows estimated data to be submitted. However, an emphasis is placed on reporting transparently and this means that a company should always provide an explanation when its reported data is not accurate and detail the uncertainty (use the "Please explain" or "Comment" columns provided in the question).
Drop-down options ("Other, please specify")
Please select from the options provided whenever possible, and only select "Other, please specify" when none of the listed options is appropriate. This greatly assists data analysis. If selecting "Other, please specify", you must add a label that describes the option you are providing data for.
"Further information" field
At the end of the questionnaire, there is an opportunity to provide additional information or context that you feel is relevant to your organization’s response. This field is optional and not scored.
Mergers and acquisitions (M&As)
All disclosure should be defined by the organizational boundary applicable at the time of the stated reporting period. (Note that for CDP disclosure, organizations are encouraged to align their reporting period and organizational boundaries with their financial reporting).
Regarding forward-looking disclosure, organizations should include information that was correct at the time of the stated reporting period (for example, for data points referring to the future or "the next two years"). Organizations undergoing (or that have undergone) M&As need to consider the timing of the M&As and reporting period as follows:
- Organizations that were acquired after the end of the current reporting period: these should respond with what was planned (strategy, targets, etc.) before being acquired (i.e., during the reporting period). For transparency, where possible they may state where they consider that the forward-looking information may be subject to change due to the very recent acquisition.
- Organizations that were acquired during the reporting period: these should provide information that was applicable and correct to the best of their knowledge at the end of the reporting period. At the time of submitting their response to CDP, this information may not be the most up to date due changes underway following the acquisition. For transparency, the company may state this in their disclosure where possible.
Personal data
It is important that you do not include the name of any individual or any other personal data in your response. For questions that ask for the positions of staff, out of respect for personal data privacy we are asking only for the position and not for the individual’s name or any other information relating to them.
Providing feedback to CDP
You can provide feedback to CDP on the content of our questionnaires and supporting documents through our online technical feedback form.
We are unable to respond individually to all feedback, but please be assured that all form submissions are reviewed and contribute towards our continuous improvement. However, if you represent a responding organization and would like to request a response, please email [email protected] or your local CDP contact.
Sector introduction: Agricultural commodities (AC)
Activities in the agricultural commodities sector include producing, processing and distributing raw materials (crops and/or livestock) that will be used as ingredients in the manufacturing and packaging of consumer goods by the food, beverage and tobacco sector. This includes the small-scale production of non-timber forest products (e.g. rubber, nuts, seeds, etc.). The agricultural commodities sector is fundamentally dependent on natural resources, and thus directly affected by climate change. Climate-related risks associated with the sector include physical risks such as changing weather patterns, and regulatory risks relating to farm management practices (e.g. the use of fertilizers and pesticides, land use, livestock management etc.). Emissions are associated with the entire agricultural commodities value chain, therefore a whole value chain approach is advised; including consideration of emissions resulting from the consumption of products.
CDP’s agricultural commodities questions focus on the following topics:
- Land management practices with climate change mitigation/adaptation benefits;
- Biogenic carbon pertaining to direct operations;
- Commodity-specific emissions intensity data related to the activities performed by your organisation; and
- Scope 1 and Scope 3 emissions breakdowns by relevant business activity.
This CDP sector aligns with the TCFD’s Agriculture, Food, and Forest Products group, along with the food, beverage and tobacco (FB), and paper & forestry sectors (PF).
Sector introduction: Capital goods (CG)
The capital goods sector provides products and services to key high emitting end markets, such as power generation, construction, transportation, and industry. It is not an emissions intensive sector from direct emissions (Scope 1) or indirect emissions from energy use (Scope 2). However, indirect emissions in the value chain (Scope 3) are key for the sector, with the majority related to the use of sold products and services. Capital goods producers must therefore be able to understand their indirect emissions profile and manage their product-related climate change risks if they are to ensure future competitive success and be prepared for any product-related regulation. Investment in research and development of energy efficient low-carbon products with scope for system-wide change will be also key for the capital goods sector’s transition to a low-carbon future.
CDP’s capital goods sector questions focus on the following topics:
- Life cycle emissions assessment of products and services;
- Year-on-year Scope 3 emissions performance;
- Efficiency metrics for products and/or services; and
- Investments in low-carbon R&D.
This CDP sector aligns with the TCFD’s Materials and Buildings group, along with cement (CE), chemicals (CH), construction (CN), metals and mining (MM), real estate (RE) and steel (ST).
Sector introduction: Cement (CE)
Activities in the cement sector encompass those associated with concrete production: from limestone quarrying to concrete end-of-life. Producing cement is an energy intensive process, with most of the GHG emissions for cement production originating from the combustion of fossil fuels for the required heating of key ingredients to about 1450°C in massive cement kilns. In addition, significant CO2 emissions are released as process emissions during production. Increasing energy efficiency, fuel switching, reducing clinker content, and moving to more efficient dry process kilns with pre-calciner and pre-heating technologies are examples of ways the cement industry can reduce its emissions.
CDP’s cement sector questions focus on the following topics:
- Emissions intensities of key industry products;
- Scope 1 and Scope 2 emissions breakdowns by sector production activities;
- Energy consumption and generation breakdowns; and
- Investments in low-carbon R&D .
This CDP sector aligns with the TCFD’s Materials and Buildings group, along with capital goods (CG), chemicals (CH), construction (CN), metals and mining (MM), real estate (RE) and steel (ST).
Sector introduction: Chemicals (CH)
The chemicals sector is diverse, creating an immense variety of products such as commodity chemicals, specialty chemicals, life science products, and consumer care products. Most emissions originate from either fossil fuel combustion during the production process, or as process chemical emissions. Process redesign, increased heat production efficiency through cogeneration, and fuel-switching are examples of ways the chemicals sector can cut emissions. Depending on feedstocks used, this sector may have significant upstream emissions, thus feedstock switching from fossil to bio-based fuels may also reduce significant emissions.
CDP’s chemicals questions focus on the following topics:
- Scope 1 and Scope 2 emissions breakdowns by sector production activities;
- Scope 3 category 1 emissions by feedstock;
- Energy consumption and generation breakdowns;
- Feedstock consumption;
- Emissions intensities of key industry products;
- Production and capacity of key industry products; and
- Investments in low-carbon R&D .
This CDP sector aligns with the TCFD’s Materials and Buildings group, along with capital goods (CG), cement (CE), construction (CN), metals and mining (MM), real estate (RE) and steel (ST).
Sector introduction: Coal (CO)
Activities in the coal sector include coal extraction, coal-based fuel production, and coal-based energy generation. Coal combustion contributes the largest share of the anthropogenic greenhouse gas increase in the atmosphere and dominates power generation globally (IEA, 2017: Tracking Clean Energy Progress).The coal sector faces increasing regulatory and market pressures in its downstream use, including competition from natural gas and renewables. As such, direct and use-phase emissions are strategic risks for coal companies.
CDP’s coal questions focus on the following topics:
- Specific methane reduction targets, and flaring and methane leak detection and reduction;
- Scope 1 and Scope 2 emissions breakdown by sector production activities;
- Additional metrics for the coal industry on coal reserves and production; and
- Investments in low-carbon R&D.
This CDP sector aligns with the TCFD’s Energy group, along with electric utilities (EU), and oil & gas (OG).
Sector introduction: Construction (CN)
The construction sector is complex, with different types of companies operating at different points in the value chain; spanning across design, materials manufacturing, construction and life cycle maintenance. Although it is important to draw distinct lines of responsibility for CO2 emissions within the buildings value chain, all of the actors in this sector need to align their actions if we are to achieve the Paris Agreement goals, for which the reduction of building-related emissions will play a critical role. Buildings are currently responsible for 39% of global GHG emissions. The sizeable part of these emissions is attributable not only to the construction process itself, but also to materials manufacturing (embodied emissions) and to operational emissions during the use stage of buildings. With the present global building floor area set to more than double by 2060, there will be increased demand for construction materials for new buildings, extensions, renovations and infrastructure; creating significant and immediate carbon emissions before a project’s completion.
CDP’s construction sector questions focus on the following topics:
- Assessment of buildings’ life cycle emissions and embodied carbon emissions data;
- Net zero carbon buildings; and
- Investments in low-carbon R&D.
This CDP sector aligns with the TCFD’s Materials and Buildings group, along with capital goods (CG), cement (CE), chemicals (CH), metals and mining (MM), real estate (RE) and steel (ST).
Sector introduction: Electric utilities (EU)
Climate change is a strategic issue for the electric utilities sector, as power generation is the single largest emitter of CO2, accounting for around 25% of global emissions (IPCC, 2014: Climate Change 2014: Synthesis Report. Contribution of Working Groups I, II and III to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change). With the increasing commercialization of renewable energy sources and the advent of decentralized power production, the electric utilities sector has the potential to undergo a key transition to low-carbon energy sources (IIGCC, 2016: Investor Expectations of Electric Utility Companies: Looking down the line at carbon asset risk).
CDP’s electric utilities sector questions are based on research and frameworks relevant to this sector, including CDP’s ACT pilot project which focused on this industry. The questions focus on the following topics:
- Methane emissions reduction;
- Scope 1 emissions breakdown by sector production activities;
- Power generation capacity;
- Global transmission and distribution business;
- CAPEX plans for power generation and products and services; and
- Investments in low-carbon R&D.
This CDP sector aligns with the TCFD’s Energy group
along with coal (CO), electric utilities (EU), and oil & gas (OG).
Sector introduction: Financial Services (FS)
Activities in the financial services sector include bank lending, investing (asset management and/or asset ownership) and insurance underwriting. The recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) highlight the important role of the financial sector as preparers of climate-related financial disclosures. Disclosure by this sector will enable investors, central banks, regulators/supervisors and other relevant stakeholders to better understand the concentrations of carbon-related assets in the financial sector and the financial system’s exposures to climate-related risks. The supplemental guidance provided by the Task Force focuses on the importance of considering the impacts of climate-related issues in the context of their financial activities such as lending, financial intermediary, investment and/or insurance underwriting activities. Organizations in the FS sector should respond to the CDP climate change questionnaire in the context of these financing activities, in addition to operational activities where appropriate. Along with new sector-specific questions and modifications to existing questions, specific guidance has been included to clarify the type of information banks, insurance companies and asset managers should consider in their response. The questionnaire shifts focus from Scope 1 and Scope 2 emissions to a more in-depth disclosure of Scope 3 category 15 “Investments” emissions.
CDP’s financial services questions focus on the following topics:
- Portfolio exposure to climate-related risks and opportunities;
- Climate-related issues in the organization’s policy framework;
- Exclusion policies;
- Engagement with clients and investee companies;
- Portfolio impact (Scope 3 category 15 “Investments” emissions or alternative exposure metrics);
- Portfolio alignment to a well below 2-degree world; and
- Climate-related considerations in employment-based retirement schemes.
This CDP sector aligns with the TCFD’s Financial Sector including Banks, Insurance Companies, Asset Owners and Asset Managers.
Sector introduction: Food, beverage & tobacco (FB)
Activities in the food, beverage, and tobacco sector include the processing (including packaging), manufacturing and trade of food, drinks and tobacco consumer goods. Organizations in this sector may also produce their own raw materials, or source them from the agricultural commodities sector. This sector inherits climate-related risks from the agricultural activities in its supply chain, including physical risks such as changing weather patterns, and regulatory risks relating to farm management practices. In addition, they face other climate-related risks associated with the processing, manufacture and packaging of food, drinks, and tobacco products, such as CO2 emissions from machinery, storage facilities and transportation. Focusing on the whole value chain to address these risks is highly important for organizations in this sector.
CDP’s food, beverage, and tobacco questions focus on the following topics:
- Land management practices with climate change mitigation/adaptation benefits;
- Biogenic carbon pertaining to direct operations;
- Commodity-specific emissions intensity data related to the activities performed by your organisation; and
- Scope 1 and Scope 3 emissions breakdowns by relevant business activity.
This CDP sector aligns with the TCFD’s Agriculture, Food, and Forest Products group, along with agricultural commodities (AC), and paper & forestry sectors (PF). Note that organizations using agricultural commodities for the manufacture of personal care and household goods are excluded from CDP’s FB sector.
Sector introduction: Metals & mining (MM)
This sector represents the first stage of the life cycle of a huge range of manufactured products, from nuclear reactors to hand cream. Emissions from this sector occur at mining sites during the combustion of fossil fuels and the processing of materials necessary to transform the Earth’s elements into useable industry materials. Metals and mining companies can reduce emissions through increased recycling, increased purchases of renewable and low-carbon electricity, and through generation at production sites, which may be particularly significant in remote mines not connected to a power grid. Fuel switching and energy efficiency improvements are needed at metal processing facilities.
CDP’s metals & mining questions focus on the following topics:
- Scope 1 and Scope 2 emissions breakdowns by sector production activities;
- Energy consumption and generation breakdowns;
- Production and capacity of key commodities; and
- Investments in low-carbon R&D.
This CDP sector aligns with the TCFD’s Materials and Buildings group, along with capital goods (CG), cement (CE), chemicals (CH), construction (CN), real estate (RE) and steel (ST).
Sector introduction: Oil & gas (Climate)
The main activities of the oil and gas sector are the exploration and development, production, refining, and the manufacturing and distribution of petrochemicals. Climate change is a strategic risk for the oil & gas sector; its operational and use phase emissions collectively account for half of global CO2 emissions (IIGCC, 2016: Investor Expectations of Oil and Gas Companies: Transition to a lower carbon future).
CDP’s oil & gas questions focus on the following topics:
- Specific methane reduction targets, and flaring and methane leak detection and reduction;
- Scope 1 emissions intensities by hydrocarbon category;
- Emissions breakdowns by oil and gas business divisions, associated activities, emissions categories, and methane emissions;
- Hydrocarbon reserves, production, refining, and transportation figures;
- Low-carbon investments and capital flexibility; and
- Transfers & sequestration of CO2 emissions.
This CDP sector aligns line with the TCFD’s Energy group along with coal (CO), electric utilities (EU), and oil & gas (OG).
Sector introduction: Paper & forestry (PF)
Activities in the paper and forestry sector include the production and/or sourcing of timber and timber-based products. Note that non-timber forest products (NTFPs; e.g. rubber, nuts, seeds, etc.) are excluded, as the production and/or sourcing of these products is generally done at a smaller scale and consumed in local markets. (Organizations that produce or source NTFPs are included in our agricultural commodities sector.) Risks associated with the paper and forestry sector extend across the whole value chain and arise from a variety of sources. For example, unsustainable forest management activities, such as illegal logging, burning or other practices can cause deforestation/forest degradation. Another potential issue is the sourcing of timber-based products for the manufacture of wooden goods, paper, and packaging. The use of wood as biofuel for facility energy use, downstream and upstream transportation and distribution, and the waste management of plantation/machinery residues are also all risk factors for the paper and forestry sector. Focusing on the whole value chain to address these risks is highly important for organizations in this sector.
CDP’s paper & forestry questions focus on the following topics:
- Land management practices with climate change mitigation/adaptation benefits;
- Biogenic carbon pertaining to direct operations;
- Commodity-specific emissions intensity data related to the activities performed by your organisation; and
- Scope 1 and 3 emissions breakdowns by relevant business activity.
This CDP sector aligns with the TCFD’s Agriculture, Food and Forest Products group, along with agricultural commodities (AC), food, beverage, & tobacco (FBT) and paper & forestry (PF).
Sector introduction: Real Estate (RE)
The real estate sector is complex, with different types of companies operating at different points in the value chain; spanning across finance, design, construction and life cycle maintenance. Although it is important to draw distinct lines of responsibility for CO2 emissions within the buildings value chain, all of the actors in this sector need to align their actions if we are to achieve the Paris Agreement goals, for which the reduction of building-related emissions will play a critical role. Buildings are currently responsible for 39% of global GHG emissions. The sizeable part of these emissions is attributable not only to the use of built assets – operational emissions (Scopes 1 and 2), but also to their construction – embodied emissions (Scope 3). With the present global building floor area set to more than double by 2060, there will be increased demand for construction materials for new buildings, extensions, renovations and infrastructure; creating significant and immediate carbon emissions before a project’s completion.
CDP’s real estate sector questions focus on the following topics:
- Assessment of buildings’ life cycle emissions and embodied carbon emissions data;
- Net zero carbon buildings; and
- Investments in low-carbon R&D.
This CDP sector aligns with the TCFD’s Materials and Buildings group, along with capital goods (CG) cement (CE), chemicals (CH), construction (CN), metals and mining (MM) and steel (ST).
Sector introduction: Steel (ST)
The activities in this sector encompass those associated with the steel production chain: from quarrying to furnace operations. Steel production is a highly energy-intensive process as it transforms iron ore to steel. This transformation requires significant amounts of heat and coking coal, an emissions-intensive product. Production efficiency is closely tied to furnace type, so replacing less efficient furnaces with electric arc furnaces can greatly reduce emissions. However, electric arc furnaces rely on recycled steel for production, and therefore cannot be utilized without the more emissions-intensive production routes such as the blast furnace to transform the iron ore. Attention to feedstocks, implementing various techniques throughout the production process, installing technologies at plants, and switching to less emissions-intensive fuels will lower production emissions in the steel industry. In addition, recycling steel has, and will continue to, significantly reduce emissions.
CDP’s steel questions focus on the following topics:
- Best available technique implementation;
- Emissions intensities of steel plants;
- Scope 1 and Scope 2 emissions breakdowns by sector production activities;
- Energy consumption and generation breakdowns;
- Feedstock consumption;
- Consumption, production, and capacity figures by steel plant;
- Production and capacity of key industry products; and
- Investments in low-carbon R&D.
This CDP sector aligns with the TCFD’s Materials and Buildings group, along with capital goods (CG), cement (CE), chemicals (CH), construction (CN), metals and mining (MM), and real estate (RE).
Sector introduction: Transport OEMs (TO)
Transport activity is responsible for almost a quarter of global energy-related emissions, with total energy use for transport having doubled in the last 35 years. The transport value chain includes activities such as original equipment, vehicle parts and engine manufacturers, and service operators. CDP’s original equipment manufacturers (OEMs) transport sector includes industrial producers of transportation vehicles across five transport modes: Aviation, Light Duty Vehicles (LDV), Heavy Duty Vehicles (HDV), Shipping, and Rail; and two transport subjects: freight and passengers.
CDP’s original equipment manufacturers transport sector questions focus on the following topics:
- Scope 1 and Scope 2 emissions breakdowns by sector production activities;
- Activity-based emissions intensities in Scope 3 category 11: use of sold products;
- Efficiency metrics for products and/or services;
- Implementation metrics for low-carbon transportation technologies; and
- Investments in low-carbon R&D.
Note that businesses classified as Transport-OEMs Engine Part Manufacturers will only be asked to provide details on investments in low-carbon R&D.
This CDP sector aligns with the TCFD’s Transportation group, along with transport services (TS).
Sector introduction: Transport services (TS)
Transport activity is responsible for almost a quarter of global energy-related emissions, with total energy use for transport having doubled in the last 35 years. The transport value chain includes activities such as original equipment, vehicle parts and engine manufacturers, and service operators. CDP’s transport services sector includes operators of vehicles transporting goods and/or passengers across 5 modes: Aviation, Light Duty Vehicles (LDV), Heavy Duty Vehicles (HDV), Shipping, and Rail. Between passenger and freight transport, the key difference with relevance to the CDP questionnaire is the specific metrics that measure efficiency either by passenger or by metric ton of goods transported.
CDP’s transport services sector questions focus on the following topics:
- Activity-based accounting of emissions intensities in Scope 1, Scope 2 and Scope 3 category 4: Upstream emissions from transportation;
- Scope 1 and Scope 2 emissions breakdowns by sector production activities;
- Data coverage and input factors to calculate emissions intensity of transport movements per technology;
- Efficiency metrics for products and/or services; and
- Implementation metrics for low-carbon transportation technologies; and
- Investments in low-carbon R&D.
This CDP sector (TS) aligns with the TCFD’s Transportation group, along with transport original equipment manufacturers (TO).
C0 Introduction
Module Overview
This module requests information about your organization’s disclosure to CDP and will help data users to interpret your responses in the context of your business operations, timeframe and reporting boundary.
The information provided here should apply consistently to your responses throughout the questionnaire and be complete and accurate as it may determine response options presented in subsequent modules.
For this reason, you should respond to every question in this module before accessing the rest of the questionnaire.
Key changes
- New questions have been added for the construction, real estate and financial services sectors: C-CN0.7/C-RE0.7 and C-FS0.7.
- Click here for a list of all changes made this year.
Sector-specific content
Additional questions on organizational activities for the following high-impact sectors:
- Agricultural commodities
- Capital goods
- Cement
- Chemicals
- Coal
- Construction
- Electric utilities
- Financial services
- Food, beverage and tobacco
- Metals & mining
- Oil & gas
- Paper & forestry
- Real estate
- Steel
- Transport original equipment manufacturers (OEMs)
- Transport services
Pathway diagram - questions
This diagram shows the general questions contained in module C0. To access question-level guidance, use the menu on the left to navigate to the question.
Pathway diagram - questions for minimum version questionnaire
This diagram shows the questions contained in module C0 that are included in the minimum version of the questionnaire. To access question-level guidance, use the menu on the left to navigate to the question.
Introduction
(C0.1) Give a general description and introduction to your organization.
Change from 2019
No change
Rationale
This will help data users interpret your responses.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Provide information about your operations to help data users understand your greenhouse gas (GHG) emissions inventory and corporate climate change strategy. Include information on your business divisions and your emissions-generating activities (e.g. extraction and/or processing/refining of natural resources, electricity generation, transportation, manufacturing etc.).
-
This information helps data users understand your company’s emissions profile and differences in emissions figures between peer companies.
-
Note and explain any changes in your reporting year (C0.2) from previous CDP disclosures (e.g. from reporting calendar year to financial year, or vice versa).
Explanation of terms
- Organization: Throughout this questionnaire, “your organization” refers collectively to all the companies, businesses, other entities or groups that fall within the definition of your reporting boundary (provided in C0.5). This term is used interchangeably with “your company”, but CDP recognizes that some disclosing organizations may not consider themselves to be, or be formally classified, as “companies”.
(C0.2) State the start and end date of the year for which you are reporting data.
Change from 2019
No change
Rationale
This will help data users interpret your responses.
Response options
Please complete the following table.
Start date
|
End date
|
Indicate if you are providing emissions data for past reporting years
| Select the number of past reporting years you will be providing emissions data for |
From: [DD/MM/YYYY]
|
To: [DD/MM/YYYY]
|
Select from: | Select from:
|
Requested content
General
- Apply this reporting year to your answers for the entire questionnaire unless the ability is provided to specify other reporting periods.
- Please ensure that the reporting period represents only one full year that has already passed. Reporting periods should not be in the future. This information is important for others to understand the time dimension of your disclosure.
- If you are using the Export/Import functionality, please check that the imported date is correct.
- The current reporting year is the most recent 12-month period for which data is reported.
- This reporting period applies to all answers except where other reporting periods can be disclosed. CDP does not require companies to align their reporting year with their fiscal year. However, when organizations report emissions intensity using a financial metric, both emissions and financial information provided should align with the reporting year reported here.
- Note that the investment community generally prefers a company's disclosure period to match the fiscal year for their financial jurisdiction. This facilitates the assessment of environmental performance data in alignment with financial performance data.
- CDP recommends that companies provide a year for which they have complete data if possible. However, if you do not have data for the entirety of your reporting year, you have the following options:
- Extrapolate your data to cover the entire reporting year.
- Outline in C6.4 the sources of Scope 1 and 2 emissions within your selected reporting boundary and not included in your disclosure.
- Select "No" in column 3 (Indicate if you are providing data for past reporting years) unless you are a first time responder providing emissions from past years or a previous responder to CDP who is restating your emissions data. For more information on this see the note for first-time responders and the note for restating data below.
- If multiple years of data are provided, only data pertaining to the most recent reporting year will be scored.
Note for first-time responders:
- If you have not provided emissions data before, supply gross global Scope 1 and Scope 2 emissions data for the three years prior to the current reporting year in the emissions accounting questions (C6.1 and C6.3).
- To report emissions data for years prior to the current reporting year select "Yes" in column 3 (Indicate if you are providing emissions data for past reporting years). Then select how many years of emissions data you will be providing.
- This will enable you to enter multiple years of data when you reach questions C6.1 and C6.3.
Note for restating data:
- You may also choose to restate your emissions data previously supplied to CDP, for example to ensure that your historical data reflects your current organizational boundary.
- Reporting recalculated figures for these years is optional. However, if you wish to do this it can provide transparency to stakeholders using your data.
- If you choose to restate data previously supplied to CDP, report the dates of those reporting periods here by selecting "Yes" in column 3 (Indicate if you are providing emissions data for past reporting years). Then select how many years of emissions data you will be providing.
- This will enable you to enter multiple years of data when you reach questions C6.1 and C6.3.
- When you arrive at the relevant questions that need to be restated (C6.1 and C6.3), use the comment column to identify the reason for the restatement.
- For more information on restatements see CDP's technical note on restatements here.
(C0.3) Select the countries/areas for which you will be supplying data.
Change from 2019
Minor change
Rationale
This will help data users interpret your responses.
Response options
Please complete the following table:
Country/area
|
Select all that apply:
[Country/area drop-down list]
|
Requested content
General
- Select all countries/areas in which you operate from the drop-down menu provided.
(C0.4) Select the currency used for all financial information disclosed throughout your response.
Change from 2019
No change
Rationale
CDP encourages companies to report financial figures associated with their impacts, risks, and opportunities. Establishing a single currency will facilitate the collection of comparable financial information. This will benefit investors and other data users when assessing the costs and benefits reported by your organization.
Response options
Please complete the following table:
Currency
|
Select from:
[Currency drop-down list]
|
Requested content
General
- Select the currency to be applied to all financial information reported in this disclosure.
- For example, if you select USD($), provide metric tons CO2e per USD($) as the financial intensity metric in question C6.10.
(C0.5) Select the option that describes the reporting
boundary for which climate-related impacts on your business are being reported. Note that this option should align with your chosen approach for consolidating your GHG inventory.
Change from 2019
Minor change
Rationale
This will help data users interpret your responses.
Response options
Select one of the following options:
- Financial control
- Operational control
- Equity share
- Other, please specify
Requested content
General
- Use a consolidated approach when determining reporting boundaries. CDP recommends that you consult your legal or accounting advisors when doing so.
- The “consolidated approach” identifies which entities are included within the reporting boundary. Unless stated otherwise, the information you provide in response to the CDP climate change questionnaire should be presented as one “consolidated” result covering all of the companies, entities, businesses, etc., within your reporting boundary.
Further clarification of options
- The options in the drop-down for this question are based on the GHG Protocol Corporate Standard, and are described in more detail below (text adapted from the GHG Protocol Corporate Standard:
- Financial control: An organization has financial control over an operation if it has the ability to direct the financial and operating policies of the operation with a view to gaining economic benefits from its activities. Generally, an organization has financial control over an operation for GHG accounting purposes if the operation is treated as a group company or subsidiary for the purposes of financial consolidation.
- Companies using the CDSB framework should select this option.
- Operational control: An organization has operational control over an operation if it or one of its subsidiaries has the full authority to introduce and implement its operating policies at the operation.
- Most SMEs select this option.
- Equity share: Under the equity share approach, a company accounts for GHG emissions from operations according to its share of equity in the operation. The equity share reflects the economic interest, which is the extent of rights a company has to the risks and rewards flowing from an operation. Typically, the share of economic risks and rewards in an operation is aligned with the company’s percentage ownership of that operation, and equity share will normally be the same as the ownership percentage. Where this is not the case, the economic substance of the relationship the company has with the operation always overrides the legal ownership form to ensure the equity share reflects the percentage of economic interest. The principle of economic substance taking precedence over legal form is consistent with international financial reporting standards.
- In the case of leasing arrangements, please see the GHG Appendix: Categorizing GHG Emissions from Leased Assets and the International Accounting Standard (IAS) 17 on Leases, published by the International Financial Reporting Standards (IFRS) to determine the appropriate scope for those emissions.
- To support the use, tracking, and comparability of reported GHG information, respondents are encouraged to adopt the consolidation approaches based on the GHG Protocol Corporate Standard, outlined in more detail in Chapter 3 of the Standard.
Explanation of terms
- Company: Throughout this questionnaire, “your company” refers collectively to all the companies, businesses, organizations, other entities or groups that fall within your definition of the reporting boundary. This term is used interchangeably with “your organization”, but CDP recognizes that some disclosing organizations may not consider themselves to be, or be formally classified, as “companies”.
- Consolidation approach: The identification of companies, businesses, organizations etc. for inclusion within the reporting boundary of the responding organization. The way in which you report information for the companies that are included within the reporting boundary is known as the “consolidation approach” because, unless stated otherwise, the information you provide in response to the questionnaire should be presented as one “consolidated” result covering all of the companies, entities, businesses etc within your reporting boundary. The GHG Protocol states that two distinct approaches may be used to consolidate GHG emissions; the equity share and the control approaches. Control can be defined in either financial (financial control) or operational (operational control) terms. This term is used interchangeably with “your organization”, but CDP recognizes that some disclosing organizations may not consider themselves to be, or be formally classified, as “companies”.
- GHG inventory: a quantified list of an organization’s greenhouse gas emissions and sources.
- Organization: Throughout this questionnaire, “your organization” refers collectively to all the companies, businesses, other entities or groups that fall within the definition of your reporting boundary (provided in C0.5). This term is used interchangeably with “your company”, but CDP recognizes that some disclosing organizations may not consider themselves to be, or be formally classified, as “companies”.
- Reporting boundary: This determines which organizational entities, such as groups, businesses and companies, are included in or excluded from your disclosure. These may be included according to your financial control, operational control, equity share or another measure. Please consistently apply this organizational boundary when responding to questions unless you are specifically asked for data about another category of activities.
Business activities emissions relevancy
(C-AC0.6/C-FB0.6/C-PF0.6) Are emissions from agricultural/forestry, processing/manufacturing, distribution activities or emissions from the consumption of
your products – whether in your direct operations or in other parts of your value chain – relevant to your current
CDP climate change disclosure?
Question dependencies
Your response to this question determines which questions will be shown throughout this questionnaire and which response options will be listed within these questions.
Change from 2019
No change
Rationale
This question determines which agricultural business activities your organization performs and/or engages in that are relevant for this disclosure. This will provide context on your agricultural activities to investors and other data users as well as help your organization set reporting boundaries.
Response options
Please complete the following table:
Business activity
|
Relevance
|
Agriculture/Forestry
|
Select from:
- Own land only
- Elsewhere in the value chain only
- Both own land and elsewhere in the value chain
- No
|
Processing/Manufacturing
|
Select from:
- Direct operations only
- Elsewhere in the value chain only
- Both direct operations and elsewhere in the value chain
- No
|
Distribution
|
Select from:
- Direct operations only
- Elsewhere in the value chain only
- Both direct operations and elsewhere in the value chain
- No
|
Consumption
|
Select from:
|
Requested content
General
- According to the GHG Protocol Corporate Accounting and Reporting Standards, the activity is relevant if it yields pertinent information to decision-making (for both internal and external users) regarding climate related issues.
- Note you should consider aspects associated with the listed business activities that are relevant to the agricultural sectors. For example, processing/manufacturing may refer to the processing of soft commodities or the manufacture of food, beverage, tobacco and/or wood-based goods.
Business activity (column 1)
- Provide an answer to each of the following activities listed regarding your business activities and considering your whole value chain.
- Consider the following regarding each activity:
- The sources of Agricultural/Forestry emissions predominantly comprise:
- Carbon dioxide from the decay or burning of biological or soil organic matter, fuel combustion and electricity generation in farm operations;
- Methane from the decomposition of organic materials in oxygen-deprived conditions, notably from the digestion of livestock, from stored manures, and from rice growing;
- Nitrous oxide from transformation of nitrogen in soils and manures (including fertilizer application and indirect emissions from fertilizer production in your supply chain).
- All these sources of emissions can be classified as either mechanical or non-mechanical emissions (See the GHG Protocol Agricultural Guidance for further details)
- Emissions from the processing of raw materials and wood, or the manufacture of food, beverage and tobacco products are associated with all processes adopted, and all methods and techniques used, to transform raw agricultural inputs/timber products into final products ready for human consumption, including:
- Pre-processing (relevant if companies use processed inputs, e.g. sugar)
- Primary grading/ screening to ensure uniformity
- Storage during different processing stages
- Cleaning to remove and separate off-specification material, organic and non-organic debris, metals, and pesticide residues among other contaminants
- Cutting, trimming, rolling and peeling to re-shape and remove inedible parts
- Cooking, canning, evaporating, drying and freezing
- Pulping and filtration
- Packaging of the final product to provide containment, protection, communication, and convenience
- Packaging for transport in, e.g. crates or pallets
- Waste generated during processing activities
- Distribution encompasses the entire network required to move products through the value chain from the farm/production unit to the retail location. You should consider all the stages of distribution in your disclosure, i.e.:
- Transportation of raw agricultural/forest products to processing facilities;
- Transportation of material inputs to processing facilities, for example, packaging materials, chemicals, wood and any other ingredients;
- Product distribution from processing facilities to the retailer/customer;
- Transportation of waste to disposal sites or to points of re-use;
- In each of the cases listed for transportation above, you should also account for emissions from: empty return journeys; the storage of goods during distribution, (as this can often require specific controls for humidity, temperature, atmospheric conditions and hygiene requirements); and the waste generated during transportation
- The consumption stage includes the use of goods in addition to waste disposal and end of life treatment of products sold by the reporting organization. You should consider:
- Emissions from the cooling, freezing and heating of sold products;
- Waste disposal and end of life treatment of products, i.e., emissions associated with land filling, incineration, composting, recycling and wastewater treatment.
- Note that the calculation of emissions associated with consumption and end life treatment may require reporting companies to make assumptions regarding how consumers use products; product lifetimes; and end of life treatment methods chosen by consumers.
Relevance (column 2)
- If an activity performed by/associated with your organization is relevant, specify which parts of your value chain this activity applies. For example, if all agricultural activities take place within your organizational boundary i.e. your organization grows all of its agricultural products on self-owned/managed farms, select “Own land only” for row Agriculture/Forestry. If you purchase all your agricultural inputs from agricultural suppliers, select “Elsewhere in value chain only.” If your organization grows some of its agricultural inputs and buys some from agricultural suppliers, select “Both own land and elsewhere in value chain.”
- Note that if you would like to add or delete a certain activity later in the questionnaire, return to this question and edit your response accordingly. If you decide to delete an activity by selecting "No" in this column, your previous responses to linked questions will be erased. For example, if you indicate that "Processing/Manufacturing" is not relevant anymore, the row associated with this activity will be erased in C-AC6.8a/C-FB6.8a/C-PF6.8a.
Explanation of terms
- Agriculture/Forestry: Agriculture is the cultivation and breeding of animals, plants, and fungi for food, fiber, biofuels, drugs or other purposes. While forestry is the creation and management of forests, including wood harvesting. These activities have a direct impact on land and thus are closely associated with deforestation and greenhouse gas emissions from land use.
- Consumption: Consumption includes the use of goods, waste disposal and end of life treatment of products sold by the reporting organization.
- Distribution (agriculture/forestry): Distribution encompasses the entire network required to move products through the value chain from the farm/forest to the retail location. The total travel distance and the mode of transport will impact the amount of emissions produced: air transport has by far the highest GHG emissions, followed by road, then ocean freight and rail (Source: Institute for Agriculture and Trade Policy, 2009).
- Processing/Manufacturing (agriculture/forestry): Includes all processes adopted, and all methods and techniques used, to transform raw agricultural or wood products inputs into final goods ready for human consumption. Direct and indirect emissions from processing result from the operation of machinery and equipment, as well as from heating, cooling, and refrigeration.
- Value chain: The entire sequence of activities or partners that provide value to or receive value from an organization's products and services, either within, upstream or downstream of direct operations. For further details on reporting boundaries please consult the GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard.
(C-AC0.6a/C-FB0.6a/C-PF0.6a) Why are agricultural/forestry activities not relevant to your current
CDP climate change disclosure?
Question dependencies
This question only appears if you select "No" in response to the "Agriculture/Forestry" row in C-AC0.6/C-FB0.6/C-PF0.6.
Change from 2019
Minor change
Rationale
This question provides further context to data users about why you have indicated that agricultural/forestry activities are not relevant to this disclosure and whether you have fully assessed the potential climate-related risks and impacts to your business related to these activities.
Response options
Please complete the following table:
Primary reason
|
Please explain
|
Select from:
- Outside the value chain of my organization
- Analysis in progress
- Evaluated but judged to be unimportant
- Not evaluated due to insufficient data on operations
- Not evaluated due to lack of internal resources
- No instruction from management
- Other, please specify
|
Text field [maximum 4,000 characters]
|
Requested content
Primary reason (column 1)
- Select the option that best describes the primary reason why you indicated that emissions from agricultural/forestry activities are not relevant.
- If none of the reasons apply to your organization, select "Other, please specify" and indicate the primary reason agricultural/forestry activities are not relevant for your organization. If you need more than 40 characters, please use column 2 "Please explain".
Please explain (column 2)
- If you selected "Outside the value chain of my organization" or "Evaluated but judged to be unimportant", describe your evaluation methods, indicating the procedures and tools used for evaluating the relevance of this activity. Specify parts of your business included in the analysis and the criteria used to decide that the activity was not relevant.
- If you selected the dropdown "Analysis in progress" in column 1, provide a date for when it will be finalized in this column.
- If you selected "Not evaluated due to lack of internal resources", specify the main challenges you experience to performing such analysis.
- If you selected "Not evaluated due to insufficient data on operations" or "Not evaluated due to lack of internal resources", indicate if you have any plans to evaluate the relevancy of this activity to your climate change disclosure in the next two years and if so, describe the methods and coverage for this upcoming analysis.
(C-AC0.6b/C-FB0.6b/C-PF0.6b) Why are emissions from agricultural/forestry activities undertaken on your own land not relevant to your current CDP climate change disclosure?
Question dependencies
This question only appears if you select "Elsewhere in the value chain only" in response to the "Agriculture/Forestry" row in C-AC0.6/C-FB0.6/C-PF0.6.
Change from 2019
No change
Rationale
This information provides further context to data users as to why you have indicated agricultural/forestry activities pertaining to your own land are not relevant and whether you have fully assessed the potential climate-related risks and impacts to your business related to these activities.
Response options
Please complete the following table:
Primary reason
|
Please explain
|
Select from:
- Do not own/manage land
- Analysis in progress
- Evaluated but judged to be unimportant
- Not evaluated due to insufficient data on operations
- Not evaluated due to lack of internal resources
- No instruction from management
- Other, please specify
|
Text field [maximum 4,000 characters]
|
Requested content
Primary reason (column 1)
- Select the option that best describes the primary reason for why you indicated that emissions from agricultural/forestry activities performed on owned/managed land are not relevant to this disclosure.
- If none of the reasons apply to your organization, select "Other, please specify" and indicate the primary reason agricultural/forestry activities performed on owned/managed land are not relevant for your organization. If you need more than 40 characters, please use column 2 "Please explain".
Please explain (column 2)
- If you selected "Do not own/manage land", "Analysis in progress" or "Evaluated but judged to be unimportant", describe your evaluation methods, indicating the procedures and tools used for evaluating the relevance of this activity. Specify parts of your business included in the analysis and the criteria used to decide that the activity was not relevant.
- If you selected the dropdown "Analysis in progress" in column 1, provide a date for when it will be finalized in this column.
- If you selected "Not evaluated due to lack of internal resources", specify the main challenges you experience to performing such analysis.
- If you selected "Not evaluated due to insufficient data on operations" or "Not evaluated due to lack of internal resources", indicate if you have any plans to evaluate the relevancy of this activity to your climate change disclosure in the next two years and if so, describe the methods and coverage for this upcoming analysis.
(C-AC0.6c/C-FB0.6c/C-PF0.6c) Why are processing/manufacturing activities not relevant to your current CDP climate change
disclosure?
Question dependencies
The question only appears if you select "No" in response to the "Processing/Manufacturing" row in C-AC0.6/C-FB0.6/C-PF0.6.
Change from 2019
Minor change
Rationale
This question provides further context to data users as to why you have indicated that processing/manufacturing activities are not relevant and whether you have fully assessed the potential climate-related risks and impacts to your business related to these activities.
Response options
Please complete the following table:
Primary reason
|
Please explain
|
Select from:
- Outside the value chain of my organization
- Analysis in progress
- Evaluated but judged to be unimportant
- Not evaluated due to insufficient data on operations
- Not evaluated due to lack of internal resources
- No instruction from management
- Other, please specify
|
Text field [maximum 4,000 characters]
|
Requested content
Primary reason (column 1)
- Select the option that best describes the primary reason why you indicated that emissions from processing/manufacturing activities are not relevant to this disclosure.
- If none of the reasons apply to your organization, select "Other, please specify" and indicate the primary reason processing/manufacturing activities performed are not relevant for your organization. If you need more than 40 characters, please use column 2 "Please explain".
Please explain (column 2)
- If you selected "Outside the value chain of my organization", "Analysis in progress" or "Evaluated but judged to be unimportant", describe your evaluation methods, indicating the procedures and tools used for evaluating the relevance of this activity. Specify parts of your business included in the analysis and the criteria used to decide that the activity was not relevant.
- If you selected the dropdown "Analysis in progress" in column 1, provide a date for when it will be finalized in this column.
- If you selected "Not evaluated due to lack of internal resources", specify the main challenges you experience to performing such analysis.
- If you selected "Not evaluated due to insufficient data on operations" or "Not evaluated due to lack of internal resources" indicate if you have any plans to evaluate the relevancy of this activity to your climate change disclosure in the next two years and if so, describe the methods and coverage for this upcoming analysis.
(C-AC0.6d/C-FB0.6d/C-PF0.6d) Why are emissions from processing/manufacturing activities
within your direct operations not relevant to your current CDP climate change
disclosure?
Question dependencies
This question only appears if you select "Elsewhere in the value chain only" in response to the "Processing/Manufacturing" row in C-AC0.6/C-FB0.6/C-PF0.6.
Change from 2019
Minor change
Rationale
This information provides further context to data users about why you have indicated that processing/manufacturing activities, pertaining to your direct operations, are not relevant to this disclosure and whether you have fully assessed the potential climate-related risks and impacts to your business related to these activities.
Response options
Please complete the following table:
Primary reason
|
Please explain
|
Select from:
- Outside the direct operations of my organization
- Analysis in progress
- Evaluated but judged to be unimportant
- Not evaluated due to insufficient data on operations
- Not evaluated due to lack of internal resources
- No instruction from management
- Other, please specify
|
Text field [maximum 4,000 characters]
|
Requested content
Primary reason (column 1)
- Select the option that best describes the primary reason for why you indicated that emissions from processing/manufacturing activities pertaining to your direct operations are not relevant to this disclosure.
- If none of the reasons are suitable, select “Other, please specify” and indicate the primary reason processing/manufacturing activities pertaining to your direct operations are not relevant for your organization. If you need more than 40 characters, please use column 2 “Please explain”.
Please explain (column 2)
- If you selected "Outside the direct operations of my organization", "Analysis in progress" or "Evaluated but judged to be unimportant", describe your evaluation methods, indicating the procedures and tools used for evaluating the relevance of this activity. Specify parts of your business included in the analysis and the criteria used to decide that the activity was not relevant.
- If you selected the dropdown "Analysis in progress" in column 1, provide a date for when it will be finalized in this column.
- If you selected "Not evaluated due to lack of internal resources", specify the main challenges you experience to performing such analysis.
- If you selected "Not evaluated due to insufficient data on operations" or "Not evaluated due to lack of internal resources" indicate if you have any plans to evaluate the relevancy of this activity to your climate change disclosure in the next two years and if so, describe the methods and coverage for this upcoming analysis.
(C-AC0.6e/C-FB0.6e/C-PF0.6e) Why are distribution activities not relevant
to your current CDP climate change disclosure?
Question dependencies
This question only appears if you select "No" in response to the "Distribution" row in C-AC0.6/C-FB0.6/C-PF0.6.
Change from 2019
Minor change
Rationale
This information provides further context to data users about why you have indicated that distribution activities are not relevant to this disclosure and whether you have fully assessed the potential climate-related risks and impacts to your business related to these activities.
Response options
Please complete the following table:
Primary reason
|
Please explain
|
Select from:
- Outside the value chain of my organization
- Analysis in progress
- Evaluated but judged to be unimportant
- Not evaluated due to insufficient data on operations
- Not evaluated due to lack of internal resources
- No instruction from management
- Other, please specify
|
Text field [maximum 4,000 characters]
|
Requested content
Primary reason (column 1)
- Select the option that best describes the primary reason for why you indicated that emissions from distribution activities are not relevant to this disclosure.
- If none of the reasons are suitable, select "Other, please specify" and indicate the primary reason distribution activities are not relevant for your organization. If you need more than 40 characters, please use column 2 "Please explain".
Please explain (column 2)
- If you selected "Outside the value chain of my organization", "Analysis in progress" or "Evaluated but judged to be unimportant", describe your evaluation methods, indicating the procedures and tools used for evaluating the relevance of this activity. Specify parts of your business included in the analysis and the criteria used to decide that the activity was not relevant.
- If you selected the dropdown "Analysis in progress" in column 1, provide a date for when it will be finalized in this column.
- If you selected "Not evaluated due to lack of internal resources", specify the main challenges you experience to performing such analysis.
- If you selected "Not evaluated due to insufficient data on operations" or "Not evaluated due to lack of internal resources", indicate if you have any plans to evaluate the relevancy of this activity to your climate change disclosure in the next two years and if so, describe the methods and coverage for this upcoming analysis.
(C-AC0.6f/C-FB0.6f/C-PF0.6f) Why are emissions from distribution activities within your direct
operations not relevant to your current CDP climate change disclosure?
Question dependencies
This question only appears if you select "Elsewhere in the value chain only" in response to the "Distribution" row in C-AC0.6/C-FB0.6/C-PF0.6.
Change from 2019
Minor change
Rationale
This information provides further context to data users about why you have indicated that distribution activities, pertaining to your direct operations, are not relevant to this disclosure and whether you have fully assessed the potential climate-related risks and impacts to your business related to these activities.
Response options
Please complete the following table:
Primary reason
|
Please explain
|
Select from:
- Outside the direct operations of my organization
- Analysis in progress
- Evaluated but judged to be unimportant
- Not evaluated due to insufficient data on operations
- Not evaluated due to lack of internal resources
- No instruction from management
- Other, please specify
|
Text field [maximum 4,000 characters]
|
Requested content
Primary reason (column 1)
- Select the option that best describes the primary reason for why you indicated that emissions from distribution activities pertaining to your direct operations are not relevant to this disclosure.
- If none of the reasons are suitable, select "Other, please specify" and indicate the primary reason distribution activities pertaining to your direct operations are not relevant for your organization. If you need more than 40 characters, please use column 2 "Please explain".
Please explain (column 2)
- If you selected "Outside the direct operations of my organization", "Analysis in progress" or "Evaluated but judged to be unimportant", describe your evaluation methods, indicating the procedures and tools used for evaluating the relevance of this activity. Specify parts of your business included in the analysis and the criteria used to decide that the activity was not relevant.
- If you selected the dropdown "Analysis in progress" in column 1, provide a date for when it will be finalized in this column.
- If you selected "Not evaluated due to lack of internal resources", specify the main challenges you experience to performing such analysis.
- If you selected "Not evaluated due to insufficient data on operations" or "Not evaluated due to lack of internal resources", indicate if you have any plans to evaluate the relevancy of this activity to your climate change disclosure in the next two years and if so, describe the methods and coverage for this upcoming analysis.
(C-AC0.6g/C-FB0.6g/C-PF0.6g) Why are emissions from the consumption of your products not relevant
to your current CDP climate change disclosure?
Question dependencies
This question only appears if you select "No" in response to the "Consumption" row in C-AC0.6/C-FB0.6/C-PF0.6.
Change from 2019
No change
Rationale
This information provides further context to data users about why you have indicated that the consumption and end of life treatment of your products are not relevant to this disclosure and whether you have fully assessed the potential climate-related risks and impacts to your business related to these activities.
Response options
Please complete the following table:
Primary reason
|
Please explain
|
Select from:
- Analysis in progress
- Evaluated but judged to be unimportant
- Not evaluated due to insufficient data on operations
- Not evaluated due to lack of internal resources
- No instruction from management
- Other, please specify
|
Text field [maximum 4,000 characters]
|
Requested content
Primary reason (column 1)
- Select the option that best describes the primary reason for why you indicated that emissions from the consumption of your products are not relevant to this disclosure.
- If none of the reasons are suitable, select "Other, please specify" and indicate the primary reason emissions from the consumption of your products are not relevant for your organization. If you need more than 40 characters, please use column 2 "Please explain".
Please explain (column 2)
- If you selected "Analysis in progress" or "Evaluated but judged to be unimportant", describe your evaluation methods, indicating the procedures and tools used for evaluating the relevance of this activity. Specify parts of your business included in the analysis and the criteria used to decide that the activity was not relevant.
- If you selected the dropdown "Analysis in progress" in column 1, provide a date for when it will be finalized in this column.
- If you selected "Not evaluated due to lack of internal resources", specify the main challenges you experience to performing such analysis.
- If you selected "Not evaluated due to insufficient data on operations" or "Not evaluated due to lack of internal resources", indicate if you have any plans to evaluate the relevancy of this activity to your climate change disclosure in the next two years and if so, describe the methods and coverage for this upcoming analysis.
Agricultural commodity dependency
(C-AC0.7/C-FB0.7/C-PF0.7) Which agricultural commodity(ies)
that your organization produces and/or sources are the most significant to your
business by revenue? Select up to five.
Change from 2019
No change
Rationale
This question gathers information that enables CDP data users to understand how reliant your business is on agricultural commodities that:
- are highly dependent on natural capital and its associated ecosystem services that are under risk due to climate change; and/or
- are closely associated with high CO2e emissions, either from their production/exploitation or from processing/manufacturing/distribution activities.
This information signals your organization’s exposure to climate-related risks.
Revenue has been chosen as the unique metric to express business dependency, as it is already calculated by many organizations and provides a clear message to investors about an organization's financial dependency. CDP acknowledges that this metric may have caveats, including the impact of yearly fluctuations in currency, which could represent a challenge to responders. However, establishing a standard metric helps data users evaluate and compare various organizations within the sector.
Response options
Please complete the following table. You are able to add rows using the "Add Row" button at the bottom of the table.
Agricultural commodity
|
% of revenue dependent on this agricultural commodity
|
Produced or sourced
|
Please explain
|
Select from:
- Cattle products
- Cotton
- Fish and seafood from aquaculture
- Palm Oil
- Rice
- Soy
- Sugar
- Timber
- Tobacco
- Wheat
- Rubber
- Other, please specify
|
Select from:
- Less than 10%
- 10-20%
- 20-40%
- 40-60%
- 60-80%
- More than 80%
- Don’t know
|
Select from:
|
Text field [maximum 4,000 characters]
|
[Add Row]
Requested content
General
- Organizations are expected to report information for a maximum of five commodities.
- CDP recognizes that some organizations may not be able to report their top five commodities in terms of revenue dependency. If that is the case, respondents should still select their commodities and explain why revenue information is not available.
Agricultural commodities (column 1)
- Select the top five commodities according to their percentage of revenue associated.
- If none of the options apply to your organization, select "Other, please specify" and specify your commodity. Note that you should specify only one additional commodity.
% of revenue dependent on these agricultural commodities (column 2)
- If you do not know or do not calculate the percentage of revenue dependent upon these commodities, please select "Don’t know" and explain why in column 4 "Please explain".
Please explain (column 4)
- Provide details on how the "% of revenue" in column 2 that was dependent on the commodity was calculated. Specify if there are any exclusions and the rationale for such exclusions.
- If you select the option "Don’t know" in column 2 (% of revenue…), explain why you listed that agricultural commodity as one of the five most important for your business.
- If you are unable to provide revenue data because you use a different metric to evaluate your key agricultural commodities, please explain why this is the case and specify the metric you use.
- If you do not consider any of your key commodities under risk due to climate change or large CO2e emissions, provide an explanation here and specify if this statement is the result of an evaluation made.
Example response
Agricultural commodity | % of revenue dependent on this agricultural commodity | Produced or sourced | Please explain |
---|
Cattle products | 20-40% | Produced | The largest percentage of our revenue (approximately
39%) is associated with beef and other cattle products that are produced in our
own farms. To calculate this figure, we have considered all of our own-branded cattle
products and their associated revenue in the past financial year. |
Soy | 10-20% | Produced; Sourced | Soybeans for animal feed constitute 12% of our
total revenue. To calculate this figure, we have considered all of our soy-based
animal feed production and its associated revenue in the past financial year. |
Explanation of terms
- Revenue: Income arising in the course of an entity’s ordinary activities (less returns, allowances and discounts) - before deducting costs for the goods/services sold and operating expenses to arrive at profit (based on the International Financial Reporting Standard)
Organizational activities: Cement
(C-CE0.7) Which part of the concrete value chain does your organization operate in?
Change from 2019
No change
Rationale
CDP aims to deliver a more focused questionnaire for organizations that operate in the concrete value chain. Answers given here allow investors and data users to more accurately compare responses across organizations and industries.
Response options
Select all that apply from the following options:
- Limestone quarrying
- Clinker production
- Portland cement manufacturing
- Blended cement
- Belite cements
- Alternative "low CO2" cementitious materials production
- Aggregates production
- Concrete production
- Concrete pavement / asphalt / tarmac
- Lime production
Requested content
General
- Select all activities that occur inside your organizational boundary.
- Production of raw materials or intermediary products for sale or own consumption is applicable.
Explanation of terms
- Alternative "low CO2" cementitious materials (also referred to as
"low-CO2 materials" and "alternative low-CO2 cements/binders"): Alternative binding systems that represent a major shift from the traditional process of producing Portland clinker and cement, e.g. alkali activated cements. These alternative cements reduce CO2 process emissions, which are significant and inherent in Portland clinker production.
Organizational activities: Chemicals
(C-CH0.7) Which part of the chemicals value chain does your organization operate in?
Change from 2019
No change
Rationale
CDP aims to deliver a more focused questionnaire for organizations that operate in the chemicals value chain. Answers given here allow investors and data users to more accurately compare responses across organizations and industries.
Response options
Select all that apply from the following options:
Bulk organic chemicals
- Lower olefins (cracking)
- Aromatics
- Ethylene oxide & Ethylene glycol
- Ethanol
- Methanol
- Polymers
- Adipic acid
Bulk inorganic chemicals
- Ammonia
- Fertilizers
- Nitric acid
- Chlorine and Sodium hydroxide
- Carbon black
- Soda ash
- Titanium dioxide
- Hydrogen
- Oxygen
- Other industrial gases
Other chemicals
- Specialty chemicals
- Specialty organic chemicals
- Other, please specify
Requested content
General
- Select all production activities that occur inside your organizational boundary.
- If your organization purchases the product but does not produce it, then you should not select it.
Organizational activities: Construction & Real estate
(C-CN0.7/C-RE0.7) Which real estate and/or construction activities does your organization
engage in?
Change from 2019
New question
Rationale
Information about the activities your organization engages in helps data users to contextualize and interpret your responses. Selections made in this question will drive the subsequent questions.
Response options
Select all that apply from the following options:
- New construction or major renovation of buildings
- Buildings management
- Other real estate or construction activities, please specify
Requested content
General
- Select all real estate and/or construction activities your organization engages in.
Explanation of terms
- New construction: Development of new buildings and additions to existing buildings that affect usable space.
- Major renovations: Alterations that affect more than 50 percent of the total building floor area or cause relocation of more than 50 percent of regular building occupants.
- Buildings management: refers to both managed and indirectly managed assets where construction work has been completed. Managed assets or buildings are those for which the landlord is determined to have “operational control”, where operational control is defined as having the ability to introduce and implement operating policies, health and safety policies, and/or environmental policies. Where a tenant has the greatest authority to introduce and implement such policies, the tenant has operational control, meaning that the asset is indirectly managed.
Organizational activities: Coal
(C-CO0.7) Which part of the coal value chain and other areas does your organization operate in?
Change from 2019
No change
Rationale
CDP aims to deliver a more focused questionnaire for organizations that operate in the coal value chain. Answers given here allow investors and data users to more accurately compare responses across organizations and industries.
Response options
Select all that apply from the following options:
Coal value chain
- Underground coal mining
- Surface coal mining
- Coal derived fuels and chemical feedstocks
- Grid electricity generation from coal
Other divisions
- Other minerals mining
- Metal ore mining
Requested content
General
- Select all aspects of the coal value chain that your organization operates in.
- In the context of this question, “operates in” refers only to the production activities.
Organizational activities: Electric utilities
(C-EU0.7) Which part of the electric utilities value chain does your organization operate in? Select all that apply.
Change from 2019
No change
Rationale
CDP aims to deliver a more focused questionnaire for organizations that operate in the electric utilities value chain. Answers given here allow investors and data users to more accurately compare responses across organizations and industries.
Response options
Select all that apply from the following options:
Electric utilities value chain
- Electricity generation
- Transmission
- Distribution
Other divisions
- Gas storage, transmission and distribution
- Smart grids / demand response
- Battery storage
- Microgrids
- Coal mining
- Gas extraction and production
Requested content
General
- Select all aspects of the electric utilities value chain and other divisions that your organization operates in.
Explanation of terms
- Distribution: The delivery of electricity to retail customers (including homes, businesses, etc.). Distribution (low voltage) is the lower-voltage electrical distribution of power from distribution substations to final customer, usually below 35kV. In contrast to the transmission system, the distribution system usually is radial, meaning that there is only one path from the distribution substation to a given consumer.
- Transmission: The movement or transfer of electricity over an interconnected group of lines and associated equipment between points of supply and points at which it is transformed for delivery to consumers or is delivered to other electric systems. Transmission (high voltage) relates to transmitting electric power from generation plants in high-voltage (e.g. 230 kilovolts [kV] up to 765 kV) to distribution substations. The transmission system is configured as a network, meaning that power has multiple paths to follow from the generator to the distribution substation.
Organizational activities: Financial services
(C-FS0.7) Which organizational activities does your organization undertake?
Question dependencies
Your response to this question determines which questions will be shown throughout this questionnaire and which response options will be listed within these questions.
Change from 2019
New question
Connection to other frameworks
TCFD Financial Sector
Rationale
CDP aims to deliver a more
focused questionnaire for organizations in the financial services sector. This
question determines what type of financial institution your organization is and
accordingly what financial industry activities your organization performs
and/or engages in that are relevant for this disclosure. This will provide
context on your financing activities to investors and other data users as well
as help your organization set reporting boundaries.
Response options
Select all that apply from the following options:
- Bank lending (Bank)
- Investing (Asset manager)
- Investing (Asset owner)
- Insurance underwriting (Insurance company)
Requested content
General
- Select all industry activities that occur inside your organizational boundary.
Explanation of terms
- Bank lending (Bank): Financial institutions that mostly undertake lending, deposit taking and other financial intermediary activities. Relevant questions on banks’ lending activities/portfolios.
- Investing (Asset Management): Also known as investment managers, asset managers are hired by clients to invest assets on their behalf. Relevant questions focus on asset managers’ investing activities.
- Investing (Asset Ownership): Include public – and private-sector pension plans, reinsurance companies, endowments, and foundations that invest assets on their own behalf or on behalf of their beneficiaries. Relevant questions focus on asset owners’ investing activities.
- Insurance underwriting (Insurance company): Financial institutions that provide and sell insurance underwriting products and services to their policyholders. Relevant questions focus on insurers’ insurance policy underwriting activities/portfolios.
Additional information
- If you are an insurance company that invests assets on your own behalf, you should select “Insurance underwriting" and “Investing (Asset owner)” as both insurance underwriting and investment activities are applicable to your business.
- If you are a bank that does both lending and asset management, you should select “Bank lending” and “Investing (Asset manager)” as both are applicable to your business.
- If you are a financial conglomerate that undertakes multiple industry activities listed, please select all that apply.
Organizational activities: Metals & Mining
(C-MM0.7) Which part of the metals and mining value chain does your organization operate in?
Change from 2019
No change
Rationale
CDP aims to deliver a more focused questionnaire for organizations that operate in the metals and mining value chain. Answers given here allow investors and data users to more accurately compare responses across organizations and industries.
Response options
Select all that apply from the following options:
Mining
- Bauxite
- Copper
- Gold
- Platinum group metals
- Silver
- Iron ore
- Nickel
- Zinc
- Lead
- Diamonds
- Other non-ferrous metal mining, please specify
- Other mining, please specify
Processing metals
- Aluminum
- Alumina
- Copper
- Gold
- Platinum group metals
- Silver
- Nickel
- Zinc
- Lead
- Other ferrous metals, please specify
- Other non-ferrous metals, please specify
Requested content
General
- Select all production activities that occur inside your organizational boundary.
- Mined products and metals produced in the metals and mining value chain that your organization operates in can be categorized into distinct groups based on their properties as presented by the International Council on Mining & Metals.
Explanation of terms
- Mining: refers to the extraction of ores and does not include the refinement of these commodities.
- Processing metals: refers to the production of finished metal commodities, resulting from a series of operations that raw materials.
Organizational activities: Oil & Gas
(C-OG0.7) Which part of the oil and gas value chain and other areas does your organization operate in?
Change from 2019
No change
Rationale
CDP aims to deliver a more focused questionnaire for organizations that operate in the oil and gas value chain. Based on your response to this question, you will receive questions that are most relevant to your organization. Answers provided here allow investors and data users to more accurately compare responses across organizations and industries.
Response options
Select all that apply from the following options:
Oil and gas value chain
- Upstream
- Midstream
- Downstream
- Chemicals
Other divisions
- Biofuels
- Grid electricity supply from gas
- Grid electricity supply from coal
- Grid electricity supply from renewables
- Carbon capture and storage/utilization
- Coal mining
Requested content
General
- Select all aspects of the oil and gas value chain that your organization operates in.
- Based on your response to this question you will receive questions that are most relevant for your organization, e.g. only organizations that have activities in carbon capture and storage/utilization, (CCS/U) and therefore select this division, will be presented questions regarding CCS/U.
- The oil and gas industry encompasses a wide variety of activities, ranging from the discovery and production of oil and gas to the delivery of petroleum products to consumers. The questionnaire splits oil and gas companies’ activities into four areas:
- Upstream: The exploration, development, and production of oil and gas.
- Midstream: The transportation and distribution of crude oil and natural gas.
- Downstream: The refining, processing and marketing of products derived from oil and gas, including service stations operations.
- Chemicals: The manufacture, distribution and marketing of chemical products derived from oil and gas (petrochemicals).
(Adapted from the
IPIECA Petroleum industry guidelines for reporting greenhouse gas emissions).
Organizational activities: Steel
(C-ST0.7) Which parts of the steel value chain does your organization operate in?
Change from 2019
No change
Rationale
CDP aims to deliver a more focused questionnaire for organizations that operate in the steel value chain. Based on your response to this question, you will receive questions that are most relevant to your organization, which should simplify the process of reporting. Answers given here allow investors and data users to more accurately compare responses across organizations and industries.
Response options
Select all that apply from the following options:
- Iron ore mining
- Coal mining
- Limestone and dolomite quarrying
- Other mining or quarrying (please specify)
- Iron ore sintering and agglomeration
- Coke oven operation
- Blast furnace and basic oxygen furnace operations
- Electric arc furnace operations
- Direct reduced iron operations
- Open hearth furnace operations
- Hot rolling
- Cold rolling and finishing
- Scrap steel recycling
- Oxygen production
- Lime production
- Other steelmaking operations (please specify)
Requested content
General
- As a producer of steel, you should select at least one of the following steel value chain production activities/options above:
- Blast furnace and basic oxygen furnace operations;
- Electric arc furnace operations;
- Direct reduced iron operations, or;
- Open Hearth furnace operations.
- You should select all activities that occur inside your organizational boundary.
- If the only coal your organization mines is thermal coal for use outside the steel sector, then you should not select coal mining.
- Similarly, for all other mining, quarrying, or production of raw materials, if the raw material is not intended for the steel industry, then it is not applicable.
- Production of raw materials for sale or own consumption is applicable.
Organizational activities: Transport services and Transport OEMS
(C-TO0.7/C-TS0.7) For which transport modes will you be providing data?
Change from 2019
Modified guidance
Rationale
CDP aims to deliver a more focused questionnaire for organizations that operate in the transport value chain, including original equipment, vehicle parts and engine manufacturers, and service operators. By selecting the response options CDP and its data users will be able to identify more specifically which transport modes are relevant to your organization.
Response options
Select all that apply from the following options:
- Light Duty Vehicles (LDV)
- Heavy Duty Vehicles (HDV)
- Rail
- Marine
- Aviation
Requested content
General
- Select all transport modes that apply to your business operations:
- For transport services companies, this should be all transport mode(s) used in your operations for transporting goods and/or passengers;
- For transport OEMs, this should be all transport mode(s) for which you supply transportation vehicles.
Explanation of terms
- Aviation: includes both commercial and non-commercial flights, for both passenger and freight transport, using commercial and/or military aircraft. This definition does not apply to companies who do not directly operate or produce aircrafts, but rather engage in services such as airport infrastructure management.
- Light Duty Vehicles (LDV): this category consists of:
Light commercial vehicles (LCVs) under 3.5 t which have been designed and constructed for the carriage of goods;
Passenger light duty vehicles under 3.5 t which have been designed and constructed for the carriage of passengers with no more than eight seats. Passenger light duty vehicles and LCVs are defined as categories M1 and N1, respectively, by the Vehicle Certification Agency, in Annex II of the European Directive 2007/46/EC and in the IEA’s “The Future of Trucks”. These definitions are in line with those used by the International Energy Agency (IEA)’s Mobility Model Partnership (MoMo).
- Heavy Duty Vehicles (HDV): this category consists of:
Buses, minibuses (with more than nine seats) and;
Bus Rapid Transit (BRT) systems;
Heavy-freight trucks (HFTs) with a gross vehicle weight (GVW) of greater than 15 t;
Medium-freight trucks (MFTs) with a GVW between 3.5 – 15 t. Further information on these classes of vehicles can be found in the IEA’s “The Future of Trucks” and the EC Directive 2017/0114 (COD).
- Marine (or maritime transport): includes domestic and international maritime bunkers (containerized and non-containerized). This includes the production and use of any maritime vehicle intended or used for the transportation of goods across maritime waters.
- Rail: this category consists of high-speed rail, rail freight, and high-capacity urban rail services which includes metro systems, commuter and heavy rail, tramways and light rail. Rail is defined by the IEA Rail Handbook (2017) and the International Union of Railways (UIC).
C1 Governance
Module Overview
Board-level oversight of climate-related issues is considered best practice and provides an indication of the importance of climate-related issues to the organization.
This module is intended to capture the governance structure of your company with regard to climate change, and provides data users with an understanding of the organization's approach to climate-related issues at the board level and management level.
Key changes
For the financial services sector only:
- New question: C-FS1.4.
- Modified questions: C1.1b, C1.2 - new columns.
- New response options: C1.1a column 1, C1.3a columns 1 and 3.
- Click here for a list of all changes made this year.
Sector-specific content
Additional questions on retirement schemes for the following high-impact sectors:
Pathway diagram - questions
This diagram shows the general questions contained in module C1. To access question-level guidance, use the menu on the left to navigate to the question.
Pathway diagram - questions for minimum version questionnaire
This diagram shows the questions contained in module C1 that are included in the minimum version of the questionnaire. To access question-level guidance, use the menu on the left to navigate to the question.
Board oversight
(C1.1) Is there board-level oversight of climate-related issues within your organization?
Change from 2019
No change
Rationale
This question provides an indication of the importance of climate-related issues to your business. Investors and other data users are interested in an organization's understanding and approach to climate-related risks at the board level; how aligned this is with business strategy, policies, and performance objectives; and how the board monitors progress against targets and goals. This question supports TCFD’s Governance recommendation a) Describe the board’s oversight of climate-related risks and opportunities.
Connection to other frameworks
SDG
Goal 12: Responsible consumption and production
Response options
Select one of the following options:
Requested content
General
- Consider whether the board and/or board committees take account of climate-related issues when reviewing and guiding their business strategy, major plans of action, risk management policies, annual budgets, and budget plans as well as setting the organization's performance objectives, monitoring implementation and performance, and overseeing major capital expenditures, acquisitions, and divestitures.
- If your organization has board-level oversight of risk assessment that includes climate-related risks, select "Yes". You'll be able to provide details in subsequent questions.
Note for financial services sector companies:
- Consider whether the board and/or board committees have oversight of climate-related issues in relation to the financial activities undertaken by your organization such as lending, financial intermediary, investment and/or insurance underwriting activities, in addition to operational activities.
- Further details can be provided in subsequent questions C1.1a and C1.1b
Explanation of terms
- Board: Or “Board of Directors” refers to a body of elected or appointed members who jointly oversee the activities of a company or organization. Some countries use a two-tiered system where “board” refers to the “supervisory board” while “key executives” refers to the “management board".
Additional information
For further information on board-level oversight in governance, see TCFD’s recommendations, CDP’s technical note on the TCFD’s recommendations and “How to Set Up Effective Climate Governance on Corporate Boards - Guiding principles and questions” (World Economic Forum, 2019).
(C1.1a) Identify the position(s) (do not include any names) of the individual(s) on the board with responsibility for climate-related issues.
Question dependencies
This question only appears if you select “Yes” in response to C1.1.
Change from 2019
Minor change for FS only; Modified guidance
Rationale
This question provides an indication of the importance of climate-related issues to your business and aims to identify the highest-level individual(s) on the board with direct responsibility for climate-related issues. This question supports TCFD’s Governance recommendation a) Describe the board’s oversight of climate-related risks and opportunities.
Connection to other frameworks
SDG
Goal 12: Responsible consumption and production
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Position of individual(s)
|
Please explain
|
Select from:
- Board Chair
- Director on board
- Chief Executive Officer (CEO)
- Chief Financial Officer (CFO)
- Chief Operating Officer (COO)
- Chief Procurement Officer (CPO)
- Chief Risk Officer (CRO)
- Chief Sustainability Officer (CSO)
- Chief Investment Officer (CIO) [Financial services only]
- Chief Credit Officer (CCO) [Financial services only]
- Chief Underwriting Officer (CUO) [ Financial services only]
- Other C-Suite Officer
- President
- Board-level committee
- Other, please specify
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- Report where in the board the responsibility for oversight of climate-related issues lies. This may be with an individual member of the board or a board-level committee, e.g. sustainability committee, risk committee, etc.
- Note that this question is asking about direct responsibility for oversight. In practical terms, this is the person or committee at the top of the chain of command specifically managing information on climate-related issues, making decisions about what the company will do and adapting those decisions based on climate-related information.
- The CEO is ultimately responsible for everything in the company; however this question is looking to identify board-level responsibility specifically on climate-related issues. While this may be the CEO, it is not necessarily always the case.
- Note that this question asks about the position and not about the names of the staff holding these positions. Do not include the name of any individual or any other personal data in your response.
Position of individual(s) (column 1)
- Select the position of the individual on the board responsible for climate-related issues. If the position is not listed here please select the closest match for your organization and provide the position title in column 2 (“Please explain”).
- If oversight falls jointly to the members of a committee, rather than an individual position, you should select “Board-level committee” and provide the name of the committee in column 2 (“Please explain”).
- If there is more than one position, please add a row.
Please explain (column 2)
- Provide a description of the position(s)/committee(s) in the corporate structure and the level of responsibility they have towards climate-related issues; and
- Explain how the responsibilities of the position(s)/committee(s) are related to climate issues, including at least one example of a climate-related decision made by the person(s)/committee(s).
- You can use this text field to enter any relevant information.
Explanation of terms
- C-suite: A term used to collectively refer to the most senior executive team.
(C1.1b) Provide further details on the board’s oversight of climate-related issues.
Question dependencies
This question only appears if you select “Yes” in response to C1.1.
Change from 2019
Modified question for FS only
Rationale
This question provides an indication of the importance of climate-related issues to your business. Investors are interested in organizations’ understanding and approach to climate-related risks at the board level; how aligned this is with organizational strategy, plans of action, management policies, and performance objectives; and how the board monitors progress against targets and goals. This question supports TCFD's Governance recommendation a) Describe the board's oversight of climate-related risks and opportunities.
Connection to other frameworks
TCFD
Governance recommended disclosure a) Describe the board’s oversight of climate related risks and opportunities.
SDG
Goal 12: Responsible consumption and production
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Frequency with which climate-related issues are a scheduled agenda item
|
Governance mechanisms into which climate-related issues are integrated
|
[FINANCIAL SERVICES ONLY] Scope of board-level oversight
|
Please explain
|
Select from:
- Scheduled - all meetings
- Scheduled - some meetings
- Sporadic - as important matters arise
- Other, please specify
|
Select all that apply:
- Reviewing and guiding strategy
- Reviewing and guiding major plans of action
- Reviewing and guiding risk management policies
- Reviewing and guiding annual budgets
- Reviewing and guiding business plans
- Setting performance objectives
- Monitoring implementation and performance of objectives
- Overseeing major capital expenditures, acquisitions and divestitures
- Monitoring and overseeing progress against goals and targets for addressing climate-related issues
- Other, please specify
|
Select all that apply:
- Climate-related risks and opportunities to our own operations
- Climate-related risks and opportunities to our bank lending activities
- Climate-related risks and opportunities to our investment activities
- Climate-related risks and opportunities to our insurance underwriting activities
- Climate-related risks and opportunities to other products and services we provide to our clients
- The impact of our own operations on the climate
- The impact of our bank lending activities on the climate
- The impact of our investing activities on the climate
- The impact of our insurance underwriting activities on the climate
- The impact of other products and services on the climate
|
Text field [maximum 3,000 characters]
|
[Add Row]
Requested content
General
- You should consider the frequency that climate-related issues are a scheduled agenda item for the principal board-level committee having oversight for climate-related issues. This may be a subcommittee of the board, or the full board itself.
- If you select “Other, please specify” provide a label for the Frequency with which climate-related issues are a scheduled agenda item.
- Note that your response to this question may refer to the position of employees relevant to board oversight mechanisms. In this case, do not include the name of any individual or any other personal data in your response.
Governance mechanisms into which climate-related issues are integrated (column 2)
- Select all of the governance mechanisms in which climate-related issues are included.
Scope of board-level oversight [FINANCIAL SERVICES ONLY]
- Activities of a business may be both affected by climate change or contribute to climate change. For financial institutions these impacts may materialize via the organization’s own operations, the financial products and services offered to its clients, and/or its investments. This column seeks insight on whether an organization’s board considers both.
- How the risks posed or opportunities presented by climate change impact its business; and conversely
- How its business activities contribute either positively or negatively to climate change.
Please explain (column 3)
- Describe the governance mechanisms selected in column 2 and how these mechanisms contribute to the board's overall oversight of climate-related issues.
- Include such details as what climate issues are scheduled agenda items, who briefs the board and on which matters (e.g. "a report from each Business Head regarding performance against climate targets is reviewed quarterly").
- As much as possible, please give examples from the reporting year.
Explanation of terms
Note for financial services sector companies:
- Other products and services: Also referred to as other financial
intermediary activities, this includes products and services that are not part of your core
lending, investment and insurance underwriting activities. Some examples of such products and services may be financial guarantees,
M&A, securities underwriting, bond issuance, etc.
(C1.1c) Why is there no board-level oversight of climate-related issues and what are your plans to change this in the future?
Question dependencies
This question only appears if you select “No” in response to C1.1.
Change from 2019
No change
Rationale
As board-level oversight of climate-related issues is considered best practice, this question allows organizations to explain why there is no board-level oversight.
Response options
Please complete the following table:
Primary reason
|
Board-level oversight of climate-related issues will be introduced within the next two years.
|
Please explain
|
Text field [maximum 1,000 characters]
|
Select from:
- Yes, we plan to do so within the next two years
- No, we do not currently plan to do so
|
Text field [maximum 2,400 characters]
|
Requested content
Primary reason (column 1)
- Provide your organization's main rationale for not currently having board-level oversight of climate-related issues.
Please explain (column 3)
- Explain what you plan to implement in the next two years, or why you do not currently plan to do so.
Management responsibility
(C1.2) Provide the highest management-level position(s) or committee(s) with responsibility for climate-related issues.
Change from 2019
Modified question for FS only
Rationale
While it is most important for a member of the board to have responsibility for climate-related issues, assigning management-level responsibility indicates to CDP data users that the organization is committed to implementing its climate-related strategy.
Connections to other frameworks
TCFD
Governance recommended disclosure b) Describe management’s role in assessing and managing climate related risks and opportunities.
SDG
Goal 12: Responsible consumption and production
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Name of the position(s) and/or committee(s)
|
[FINANCIAL SERVICES ONLY] Reporting line
|
Responsibility
|
[FINANCIAL SERVICES ONLY] Coverage of responsibility
|
Frequency of reporting to the board on climate-related issues
|
Select from:
- Chief Executive Officer (CEO)
- Chief Financial Officer (CFO)
- Chief Operating Officer (COO)
- Chief Procurement Officer (CPO)
- Chief Risks Officer (CRO)
- Chief Sustainability Officer (CSO)
- Chief Investment Officer (CIO) [Financial services only]
- Chief Credit Officer (CCO) [Financial services only]
- Chief Underwriting Officer (CUO) [Financial services only]
- Other C-Suite Officer, please specify
- President
- Risk committee
- Sustainability committee
- Safety, Health, Environment and Quality committee
- Corporate responsibility committee
- Credit committee [Financial services only]
- Investment committee [Financial services only]
- Responsible Investment committee [Financial services only]
- Audit committee [Financial services only]
- Other committee, please specify
- Business unit manager
- Energy manager
- Environmental, Health, and Safety manager
- Environment/Sustainability manager
- Facility manager
- Process operation manager
- Procurement manager
- Public affairs manager
- Risk manager
- Portfolio/Fund manager [Financial services only]
- ESG Portfolio/Fund manager [Financial services only]
- Investment/credit/insurance analyst [Financial services only]
- Dedicated responsible investment analyst [Financial services only]
- Investor relations manager [Financial services only]
- Risk analyst [Financial services only]
- There is no management level responsibility for climate-related issues
- Other, please specify
|
Select from:
- Reports to the board directly
- CEO reporting line
- Risk - CRO reporting line
- Finance - CFO reporting line
- Investment - CIO reporting line
- Operations - COO reporting line
- Corporate Sustainability/CSR reporting line
- Other, please specify
|
Select from:
- Assessing climate-related risks and opportunities
- Managing climate-related risks and opportunities
- Both assessing and managing climate-related risks and opportunities
- Other, please specify
|
Select all that apply:
- Risks and opportunities related to our bank lending activities
- Risks and opportunities related to our investing activities
- Risks and opportunities related to our insurance underwriting activities
- Risks and opportunities related to our other products and services
- Risks and opportunities related to our own operations
|
Select from:
- More frequently than quarterly
- Quarterly
- Half-yearly
- Annually
- Less frequently than annually
- As important matters arise
- Not reported to the board
|
[Add Row]
Requested content
General
- Please provide details of the highest management-level position or committee with a responsibility for climate-related issues.
- The responsibility may be for assessing and/or managing climate-related risks and opportunities, or have another primary focus.
- Note that this question asks about the position and not about the names of the staff holding these positions. Do not include the name of any individual or any other personal data in your response.
Name of the position(s) and/or committee(s) (column 1)
- Select the best match for the position/committee in your organization, or select "Other, please specify".
- The list includes senior positions that may sometimes but not always be at board level.
- Note that positions already listed in C1.1a are also listed here; select one of those positions only if the individual has effective management responsibility for climate-related issues.
- If there is more than one position/committee with high management-level responsibility and you would like to describe this, you may use the "Add Row button". This is optional.
- If you are selecting more than one position or committee by adding rows, make sure that the position/committee with the highest level of responsibility is in the top row of the table.
Reporting line [FINANCIAL SERVICES ONLY]
- Select the best match for the reporting line that is in charge of overseeing the positions with responsibility for climate-related issues.
Coverage of responsibility [FINANCIAL SERVICES ONLY]
- This column seeks to understand whether the highest management-level position or committee with responsibility for climate-related issues considers both climate-related risks and opportunities related to your own operations as well as core financing activities.
Explanation of terms
- Highest management-level position(s) or committee(s): The most senior individual or committee with operational responsibility for the implementation of decisions taken at the board level and day-to-day management.
(C1.2a) Describe where in the organizational structure this/these position(s) and/or committees lie, what their associated responsibilities are, and how climate-related issues are monitored (do not include the names of individuals).
Change from 2019
Modified guidance
Rationale
While it is most important for a member of the board to have responsibility for climate-related issues, assigning management-level responsibility indicates to CDP data users that the organization is committed to implementing a climate-related strategy.
Connection to other frameworks
TCFD
Governance recommended disclosure b) Describe management’s role in assessing and managing climate related risks and opportunities.
SDG
Goal 12: Responsible consumption and production
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Use the text box to describe where the highest management-level position(s)/committee(s) with responsibility for climate-related issues sit in the organizational structure, their responsibilities, and how climate-related issues are monitored.
- Give a company-specific description including:
i. Where in the organizational structure this position(s)/committee(s) lie;
ii. A rationale of why responsibilities for climate-related issues have been assigned to this/these position(s) or committee(s).
- If you selected "There is no management level responsibility for climate-related issues" in C1.2 explain your selection here.
- Note that this question asks about the position and not about the names of the staff holding these positions. Do not include the name of any individual or any other personal data in your response.
Employee incentives
(C1.3) Do you provide incentives for the management of climate-related issues, including the attainment of targets?
Change from 2019
Modified question
Rationale
CDP data users aim to understand the degree to which companies encourage their employees to address climate-related issues and impacts of the business, as well as the mechanisms by which companies are incentivizing certain behaviors and performances.
Connection to other frameworks
SDG
Goal 12: Responsible consumption and production
Response options
Please complete the following table:
Provide incentives for the management of climate-related issues
|
Comment
|
Select from:
- Yes
- No, not currently but we plan to introduce them in the next two years
- No, and we do not plan to introduce them in the next two years
|
Text field (maximum 1,000 characters)
|
Requested content
General
- Note that incentives can be positive (i.e. give people something) or negative (prevent access to something).
(C1.3a) Provide further details on the incentives provided for the management of climate-related issues (do not include the names of individuals).
Question dependencies
This question only appears if you select “Yes” in response to C1.3.
Change from 2019
Minor change
Rationale
CDP data users aim to understand the degree to which companies encourage their employees to address climate-related issues and impacts of the business, as well as the mechanisms by which companies are incentivizing certain behaviors and performances.
Connection to other frameworks
SDG
Goal 12: Responsible consumption and production
2018 RobecoSAM Corporate Sustainability Assessment (DJSI)
Strategy
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Entitled to incentive | Type of incentive | Activity incentivized | Comment |
Select from: - Board Chair
- Board/Executive board
- Director on board
- Corporate executive team
- Chief Executive Officer (CEO)
- Chief Financial Officer (CFO)
- Chief Operating Officer (COO)
- Chief Procurement Officer (CPO)
- Chief Risk Officer (CRO)
- Chief Sustainability Officer (CSO)
- Chief Investment Officer (CIO) [Financial services only]
- Chief Underwriting Officer (CUO) [Financial services only]
- Chief Credit Officer (CCO) [Financial services only]
- Other C-Suite Officer
- President
- Executive officer
- Management group
- Business unit manager
- Energy manager
- Environmental, health, and safety manager
- Environment/Sustainability manager
- Facilities manager
- Process operation manager
- Procurement manager
- Public affairs manager
- Risk manager
- Portfolio/Fund manager [Financial services only]
- ESG Portfolio/Fund manager [Financial services only]
- Investment analyst [Financial services only]
- Dedicated Responsible Investment staff [Financial services only]
- Investor Relations staff [Financial services only]
- Risk management staff [Financial services only]
- Buyers/purchasers
- All employees
- Other, please specify
| Select from: - Monetary reward
- Non-monetary award
| Select all that apply: - Emissions reduction project
- Emissions reduction target
- Energy reduction project
- Energy reduction target
- Efficiency project
- Efficiency target
- Behavior change related indicator
- Environmental criteria included in purchases
- Supply chain engagement
- Company performance against a climate-related sustainability index
- Portfolio/fund alignment to climate-related objectives [Financial services only]
- Other, please specify
| Text field [maximum 2,400 characters] |
[Add Row]
Requested content
General
- Note that this question asks about the position of employees receiving incentives. Do not include the name of any individual or any other personal data in your response.
Entitled to incentives (column 1)
- If incentives are provided to specific lower-level employees, select "Other, please specify" (column 1) and specify the position.
Types of incentive (column 2)
- Monetary - a bonus or some form of financial remuneration;
- Non-monetary - employee awards (e.g. employee of the year) or career progression schemes not tied directly to any form of financial remuneration, increased holiday allowances, special assignments, parking allocations etc.
Activity incentivized (column 3)
- Performance indicators might include:
- Projects: The implementation of projects that are realizing savings in emissions, energy, and/or that are promoting efficiency;
- Targets: Activity resulting in progress towards your company's target(s);
- Behavior change: Contribution towards corporate global reputation improvement, rate of participation by employees in environmental activities, number of employees receiving training.
Retirement schemes
(C-FS1.4) Does your organization offer its employees an employment-based retirement scheme that incorporates ESG principles, including climate change?
Change from 2019
New question
Rationale
This question seeks to understand whether the financial institution offers a retirement scheme that considers ESG principles (specifically climate change and/or climate-related indicators) in their holdings. Consideration of ESG factors in retirement schemes contributes to the financing of a sustainable economy and demonstrate that organizations consider such risks and opportunities in their assessment of plan options. This question allows CDP data users to understand how the organization is contributing to sustainable/ESG investing.
Response options
Please complete the following table:
We offer an employment-based retirement scheme that incorporates ESG principles, including climate change
|
Comment
|
Select from:
- Yes, as the default investment option for all plans offered
- Yes, as the default investment option for some plans offered
- Yes, as an investment option for all plans offered
- Yes, as an investment option for some plans offered
- No, but we plan to do so in the next two years
- No
|
Text field [maximum 1,500 characters]
|
Requested content
General
- Select “Yes” if you offer an employment-based retirement scheme where the ESG principles for the investment options include climate change and/or climate-related indicators.
- Select “No” if you don’t offer an employment-based retirement scheme that incorporates ESG principles.
Explanation of terms
- Employment-based retirement scheme: This covers all types of corporate retirement saving schemes that an organization may offer its employees. Depending on jurisdiction, these may be referred to as pension schemes, superannuation, retirement plans, 401K, etc. These may be either defined benefit or defined contribution types.
- Default investment option: The investment plan that is selected automatically for a member joining the retirement scheme.
- Investment option: The investment plan that is optional for a member joining the retirement scheme; they may choose this option over the default investment option.
- ESG Principles: Environmental, social and governance factors.
C2 Risks and opportunities
Module Overview
Evaluating exposure to climate-related risks and opportunities over a range of time horizons allows for a strategy for the transition to a low-carbon economy recognized in the Paris Agreement and UN SDGs. This module focuses on processes for identifying, assessing, and responding to climate-related issues as well as on the climate-related risks and opportunities identified by your organization. This information helps investors to assess the potential impacts to valuations and the adequacy of the company’s risk response.
Many of the challenges you face when reporting on climate-related issues are common to other aspects of corporate reporting, requiring you to provide statements about your prospective condition. Some organizations, particularly accounting firms and their governing bodies, have published guidance about how to prepare statements that contain forward-looking information.
You may wish to consult with your financial, legal, and/or compliance departments for advice on your company’s general approach to the provision of forward-looking statements and information concerning risks.
Note that the questions relate to “inherent” risk and not the “residual” risk that remains after management measures have been taken into account.
Note for financial services sector companies:
The TCFD recommendations highlight the importance of the financial sector considering the impacts of climate-related issues in the context of their financing activities. When evaluating exposure to climate-related risks and opportunities, financial services sector companies should primarily consider the impact on their lending, financial intermediary, investing and/or insurance underwriting activities, in addition to operational activities.
Key changes
This module has been restructured to improve the flow of questions, reduce repetitions, and to better align with CDP’s forests and water security questionnaires. As a result of this, the question numbering has changed.
- Two new questions: C2.1 and C2.1b. The request to provide a definition of a substantive financial or strategic impact has been broken out from 2019 C2.2b into C2.1b.
- Four 2019 questions merged: C2.2, C2.2a, C2.2b and C2.2d have been merged into C2.2.
- Two 2019 questions moved: C2.5 and C2.6 that requested information on impacts of climate-related issues on strategy and financial planning have been integrated into Module C3 Strategy.
- Click here for a list of all changes made this year.
Financial services sector:
- Five new questions: C-FS2.2b, C-FS2.2c, C-FS2.2d, C-FS2.2e, C-FS2.2f.
- Modified question: C2.3a – new column.
- New response options: C2.3a and C2.4a, columns 4 and 5.
Sector specific content
Additional questions for financial services sector companies.
Pathway diagram - questions
This diagram shows the general questions contained in module C2. To access question-level guidance, use the menu on the left to navigate to the question.
Pathway diagram - questions for minimum version questionnaire
This diagram shows the questions contained in module C2 that are included in the minimum version of the questionnaire. To access question-level guidance, use the menu on the left to navigate to the question.
Management processes
(C2.1) Does your organization have a process for identifying, assessing, and responding to climate-related risks and opportunities?
Change from 2019
New question
Rationale
For many companies, climate change poses significant financial challenges and opportunities, now and in the future. CDP asks about a process for identifying, assessing, and responding to climate-related risks and opportunities so that data users may gauge the thoroughness of your company's understanding of its exposure to climate-related issues.
Connection to other frameworks
TCFD
Risk Management recommended disclosure a) Describe the organization’s processes for identifying and assessing climate-related risks.
Risk Management recommended disclosure b) Describe the organization’s processes for managing climate-related risks
Risk Management recommended disclosure c) Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management.
Response options
Select one of the following options:
Requested content
General
- Select "Yes" if you have any process in place for identifying, assessing, and responding to climate-related risks and opportunities, regardless of how thorough it is. You will be able to provide further details in the subsequent questions.
- Only select "No" if you do not have any form of process for identifying, assessing, and responding to climate-related issues.
Explanation of terms
- Climate-related risk, in line with the TCFD, refers to the potential negative impacts of climate change on an organization. Physical risks emanating from climate change can be event-driven (acute) such as increased severity of extreme weather events (e.g., cyclones, droughts, floods, and fires). They can also relate to longer-term shifts (chronic) in precipitation, temperature and increased variability in weather patterns (e.g., sea level rise). Climate-related risks can also be associated with the transition to a lower-carbon global economy, the most common of which relate to policy and legal actions, technology changes, market responses, and reputational considerations.
- Climate-related opportunity, in line with the TCFD, refers to the potential positive impacts on an organization resulting from efforts to mitigate and adapt to climate change, such as through resource efficiency and cost savings, the adoption and utilization of low-emission energy sources, the development of new products and services, and building resilience along the supply chain. Climate-related opportunities will vary depending on the region, market, and industry in which an organization operates.
- Risk management: Risk management involves identifying, assessing and responding to risk to make sure organizations achieve their objectives. It must be proportionate to the complexity and type of organization involved (based on Institute of Risk Management, 2016).
(C2.1a) How does your organization define short-, medium- and long-term time horizons?
Change from 2019
Minor change (2019 C2.1)
Rationale
CDP has added this question to understand the different timescales at which businesses consider climate-related issues in their risk assessment process and in strategy and financial planning. Subsequent questions on risk and opportunity disclosure, strategy and financial planning, relate to different time horizons, hence their definition is requested here.
Connection to other frameworks
TCFD
Strategy recommended disclosure a) Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term.
Response options
Please complete the following table:
Time horizon | From (years) | To (years) | Comment |
Short-term | Numerical field [enter a number from 0-100 using no decimals or commas] | Numerical field [enter a number from 0-100 using no decimals or commas] | Text field [maximum 2,400 characters] |
Medium-term |
|
| |
Long-term |
|
|
|
Requested content
General
- This question is seeking a definition of what your organization considers to be short-, medium-, and long-term horizons in the context of climate-related risks and opportunities.
- If your long-term time horizon is open-ended, you may leave the column “To (years)” blank.
Comment (column 4) (optional)
- You may specify if this time horizon for assessing climate-related risks and opportunities is aligned with other business practices time horizons and provide any other relevant information.
Additional information
Time horizons of climate-related risks
- There is a common perception that all climate-related risks are “long-term”, arising in 10+ years; however, transitional risks such as policies, technology, and markets are emerging earlier than this, and physical risks including the frequency and intensity of storms, floods, and droughts are recognized risks today.
- Evaluating exposure to climate-related risks over a range of time horizons allows for a strategy for the transition to a low-carbon economy as recognized in the Paris Agreement and UN SDGs.
TCFD position on time horizons
- Because the timing of climate-related impacts on organizations will vary, TCFD believes specifying timeframes across sectors could hinder organizations’ consideration of the climate-related risks and opportunities specific to their businesses. TCFD is therefore not defining timeframes and encourages respondents to decide how to define their own timeframes according to the life of their assets, the profile of the climate-related risks they face, and the sectors and geographies in which they operate.
- In assessing climate-related issues, organizations should be sensitive to the timeframes used to conduct their assessments. While many organizations conduct operational and financial planning over a 1-2 year timeframe, and strategic and capital planning over a 2-5 year timeframe, climate-related risks may have implications over a longer period. It is therefore important for organizations to consider the appropriate timeframes when assessing climate-related risks.
(C2.1b) How does your organization define substantive financial or strategic impact on your business?
Change from 2019
New question
Rationale
The subsequent questions will ask you to disclose risks and opportunities with the potential to have a substantive financial or strategic impact on your business. What is considered a substantive impact for a business will be different for each responding company, therefore explaining your threshold for classifying potential impacts as substantive is critical context for CDP data users.
Response options
This is an open text question with a limit of 5,000 characters. Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Describe and quantify, in detail, how your organization defines a ‘substantive impact’ on your business at the corporate level, in the context of a climate-related risk.
- What constitutes a substantive impact will vary between companies. For example, a 1% reduction in profits will have different effects on different companies depending on their respective profit margins. Companies are therefore asked to determine ‘substantive’ in the way that they would do for their business decision-making. For example, a substantive impact of relatively high magnitude could occur because of a large number for any one of the following aspects, or because of a small number for all three combines to create a larger impact:
- the proportion of business units affected
- the size of the impact on those business units
- the dependency of the organization on that unit
- the potential for shareholder or customer concern.
Explanation of terms
- Substantive impact: an impact that has a considerable or relatively significant effect on an organization at the corporate level. This could include operational, financial or strategic effects that undermine the entire business or part of the business.
(C2.2) Describe your process(es) for identifying, assessing and responding to climate-related risks and opportunities.
Question dependencies
This question only appears if you select ”Yes” in response to C2.1.
Change from 2019
Modified question (2019 C2.2, C2.2a, C2.2b, C2.2d)
Rationale
Understanding how a company integrates the consideration of climate-related issues into its overall risk management framework provides insight into the thoroughness of the risk management processes employed by organizations. Companies that fully integrate and frequently assess climate-related risks and opportunities across their value chain and over a range of time-horizons may be better equipped to handle longer-term uncertainties and liabilities.
Connection to other frameworks
TCFD
Risk Management recommended disclosure a) Describe the organization’s processes for identifying and assessing climate-related risks.
Risk Management recommended disclosure b) Describe the organization’s processes for managing climate-related risks
Risk Management recommended disclosure c) Describe how processes for identifying, assessing, and managing climate related risks are integrated into the organization’s overall risk management.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Value chain stage(s) covered
|
Risk management process
|
Frequency of assessment |
Time horizon(s) covered
|
Description of process |
Select all that apply:
- Direct operations
- Upstream
- Downstream
|
Select from:
- Integrated into multi-disciplinary company-wide risk management process
- A specific climate-related risk management process
|
Select from:
- More than once a year
- Annually
- Every two years
- Every three years or more
- Not defined
|
Select all that apply:
- Short-term
- Medium-term
- Long-term
- None of the above/Not defined
|
Text field [maximum 7,000 characters]
|
[Add Row]
Requested content
General
- You are requested to provide information on the risk management processes at all the stages of the value chain applicable to your organization.
- Upstream value chain refers to activities, products and services that are inputs to the activities of your business, sourced from third parties. This may include the regulations and policies applied by governments, or the products and services provided by your suppliers (i.e. the supply chain).
- Downstream value chain refers to the third parties benefiting from the outputs, products and services of your business activities. This may be your customers and clients, or the organizations and projects your business invests in.
- Note that if your response to this question refers to the position of employees relevant to your risk management processes, do not include the name of any individual or any other personal data in your response.
Value chain stage (column 1)
- Select all the stages of the value chain that your risk management process covers.
- If you have separate processes for different value chain stages, you may add rows to describe those processes separately.
Risk management process (column 2)
- Select the option that best describes how your process for identifying, assessing, and responding to climate-related risks and opportunities is integrated into your overall risk management framework. If your organization has more than one process in place, select the one that is most commonly employed. You will have the opportunity to expand further in column 5 “Description”.
- Integrated into multi-disciplinary company-wide risk management processes: a documented process where climate-related risks and opportunities are identified and assessed in an integrated way in the company’s centralized enterprise risk management program covering all possible types/sources of risks and opportunities
- A specific climate-related risk management process: a documented process that identifies, assesses and responds to climate change risks and opportunities separate from other business risks and opportunities.
Frequency of assessment (column 3)
- Select the option that describes how often climate-related risks are assessed. If climate-related risk management is integrated into company-wide risk management processes then the frequency of assessment will be the same throughout the enterprise risk management process.
Time horizons covered (column 4)
- Choose all the time horizons that are considered in your climate-related risk assessment. For example, if you only consider risks that may impact your business in the short term, in line with your definition of time horizons provided in C2.1a, you should select “short-term” here. Or, if you consider, short-term, medium-term and long-term horizons, select all three.
- In case none of the time horizons provided in C2.1a are covered by this risk management process, select “None of the above/ Not defined” and explain the applicable time horizon or why it is not defined in the column “Description”
Description (column 5)
- Describe your process for identifying, assessing and responding to climate-related risks and opportunities, including:
- The process used to determine which risks and opportunities could have a substantive financial or strategic impact on the organization;
- How your organization makes decisions to mitigate, transfer, accept or control the identified climate-related risks and to capitalize on opportunities.
Note for financial services sector companies:
- This question is asking about the processes used to identify, assess and respond to climate-related risks and opportunities within your lending, financial intermediary, investment and/or insurance underwriting activities, in addition to your operational risks. Organizations should consider providing a description of their risks and opportunities by sector and/or geography, as appropriate.
- Upstream and downstream risks should reflect the risks in your client and/or investment value chain, in addition to your operations. The downstream risks of your value chain relate to the risks for your clients and investee companies, while upstream risks include other transition risks that provide value to your products, services and/or investments e.g. policy and legal, market or technology.
- In the column “Description”, state what tools you use to identify, assess and/or respond to climate-related risks and opportunities.
- Banks:
- Include descriptions of how you manage any significant concentrations of credit exposure to carbon-related assets and other climate-related risks (transition and physical) in lending and other financial intermediary business activities.
- Include a description of the processes used for managing climate-related physical, transition and liability risks on re-/insurance portfolios by geography, business division, or product segments.
- Describe key tools or instruments, such as risk models, used to manage climate-related risks in relation to product development and pricing.
- Describe the range of climate-related events considered and how the risks generated by the rising propensity and severity of such events are managed.
- Additionally, as an asset owner, please describe how you consider the positioning of your total investment portfolio with respect to the transition to a lower-carbon energy supply, production, and use. This could include explaining how you are actively managing your portfolios’ positioning in relation to this transition.
- Describe how you manage material climate-related risks for each product or investment strategy. If appropriate, describe how climate-related risks are integrated into your overall risk management.
Explanation of Terms
- Risk management: Risk management involves identifying, assessing and responding to risk to make sure organizations achieve their objectives. It must be proportionate to the complexity and type of organization involved (based on Institute of Risk Management, 2016).
(C2.2a) Which risk types are considered in your organization's climate-related risk assessments?
Question dependencies
This question only appears if you select "Yes" in C2.1.
Change from 2019
Modified question (2019 C2.2c)
Rationale
Data users need to know which risk types are considered in climate-related risk assessments. Not all risk types are relevant to each organization. The aim of this question is to ascertain how thoroughly companies examine multiple risk types as an indication of the comprehensiveness of the risk assessment.
Connection to other frameworks
TCFD
Risk Management recommended disclosure a) Describe the organization’s processes for identifying and assessing climate-related risks.
Response options
Please complete the following table:
Risk type
|
Relevance & inclusion
|
Please explain
|
Current regulation
|
Select from:
- Relevant, always included
- Relevant, sometimes included
- Relevant, not included
- Not relevant, included
- Not relevant, explanation provided
- Not evaluated
|
Text field [maximum 2,500 characters]
|
Emerging regulation
|
|
|
Technology
|
|
|
Legal
|
|
|
Market
|
|
|
Reputation
|
|
|
Acute physical
|
|
|
Chronic physical
|
|
|
Requested content
Please explain (column 3)
- Your response should explain:
- Your decision on the relevance and inclusion of this risk type in your risk assessment.
- For every risk type deemed relevant, an example of a specific risk considered in your assessment.
- If you choose ‘Not relevant, explanation provided’: why this risk type is not deemed relevant.
Note for financial services sector companies:
- Consider which climate-related risks are relevant to your lending, investment, insurance underwriting and/or financial intermediary activities, in addition to your operational risks.
- Consider characterizing your climate-related risks in the context of traditional industry risk categories such as credit risk, market risk, liquidity risk, and operational risk.
- Banks:
- Describe climate-related risks (transition and physical) in lending and other financial intermediary business activities by geography, industry, credit quality or average tenor.
- Describe climate-related risks on re-/insurance portfolios by geography, business division, or product segments, including the following risks:
- Physical risks from changing frequencies and intensities of weather-related perils;
- Transition risks resulting from a reduction in insurable interest due to a decline in value, changing energy costs, or implementation of carbon regulation; and
- Liability risks that could intensify due to a possible increase in litigation. For example, the risk of an increase in claims for defense costs in relation to directors and officers (D&O) liability.
- Additionally, as an asset owner, please also describe the climate-related risks relevant to your investment portfolio.
- Describe the climate-related risks relevant to your product or investment strategy by geography, industry, or product segment.
Explanation of terms
- Climate-related risks: TCFD divides climate-related risks into two major categories: risks related to the transition to a lower-carbon economy and risks related to the physical impacts of climate change.
- Transition risks
- Current and emerging regulation: policy developments that attempt to constrain actions that contribute to the adverse effects of climate change or policy developments that seek to promote adaptation to climate change;
- Technology: all risks associated with technological improvements or innovations that support the transition to a lower-carbon, energy-efficient economic system;
- Legal: all climate-related litigation claims;
- Market: all shifts in supply and demand for certain commodities, products, and services;
- Reputation: all risks tied to changing customer or community perceptions of an organization’s contribution to or detraction from the transition to a lower-carbon economy.
- Acute: risks that are event-driven, including increased severity of extreme weather events, such as cyclones, hurricanes, or floods;
- Chronic: longer-term shifts in climate patterns (e.g. sustained higher temperatures) that may cause sea level rise or chronic heat waves.
- Upstream and downstream risks: defined based on the location of the risks in your value chain and can also refer to any of the risk types above i.e. emerging regulation, technology, legal, market reputation etc.
Questions C2.2b to C2.2f only apply to organizations with activities in the Financial Services sector.
(C-FS2.2b) Do you assess your portfolio's exposure to climate-related risks and opportunities?
Question dependencies
- This question only appears if you select “Yes” in response to C2.1.
- Rows in this question will be presented according to the organizational activities reported in C-FS0.7. The “Other products and services, please specify” row will always appear.
Change from 2019
New question
Rationale
The TCFD recommendations highlight the importance of the financial sector considering the potential impacts of climate-related risks and opportunities in the context of their financing activities. When evaluating exposure to climate-related risks and opportunities, organizations in the financial sector should primarily consider the impact on their financial portfolios including lending, investment, insurance underwriting and/or other financial intermediary activities. The TCFD recommendations highlight the importance of the financial sector evaluating its exposure to climate-related risks and opportunities.
Connection to other frameworks
TCFD
Risk management recommended disclosure a) Describe your organization's processes for identifying and assessing climate-related risks.
Response options
Please complete the following fixed row table.
Portfolio
|
We assess the portfolio's exposure
|
Please explain
|
Bank lending (Bank)
|
Select from:
- Yes
- No, but we plan to do so in the next two years
- No, we don't assess this
- Not applicable
|
Text field [maximum 2,400 characters]
|
Investing (Asset manager)
|
|
|
Investing (Asset owner)
|
|
|
Insurance underwriting (insurance company)
|
|
|
Other products and services, please specify
|
|
|
Requested content
Portfolio (column 1)
- The rows presented in this question depend on the industry activities you selected in question C-FS0.7. The “Other products and services” row will always appear. Please
specify what products/services these are in the "Please explain" column.
Please explain (column 3)
- If you select “Yes”, briefly explain how you measure your portfolio’s exposure to climate-related risks and opportunities. If you select “Yes” for your “Other products and services” portfolio, mention what products and services these are.
- If you select “No, but we plan to do so in the next two years” or “No, we don’t assess this”, state why you don’t assess your portfolio’s exposure and if applicable, what your plans are for doing this in the future.
- If you select “Not applicable”, explain why this is the case.
Explanation of terms
- Portfolio: In the context of this questionnaire your portfolio is your entire collection of the core financing activities - loans, investments and insurance policies- that you offer. For bank lending, this is the entire collection of products and loans held on your balance sheet for which you own the receivable stream. For asset managers, this is the entire collection of your products and investments that you hold and/or manage on behalf of your clients. For asset owners, this is the entire collection of products, funds and investments owned and controlled by your company. For investment portfolios, asset managers should consider discretionary investments, those where the company has discretion over investment decision. For insurance underwriting, this is the entire collection of products and insurance policies you provide to your clients.
- Other products and services: Also referred to as other financial intermediary activities, this includes products and services that are not part of your core lending, investment and insurance underwriting activities. Some examples of such products and services may be financial guarantees, M&A, securities underwriting, bond issuance, etc.
- Climate-related risk, in line with TCFD, refers to the
potential negative impacts of climate change on an organization. Physical risks
emanating from climate change can be event-driven (acute) such as increased
severity of extreme weather events (e.g., cyclones, droughts, floods, and
fires). They can also relate to longer-term shifts (chronic) in precipitation, temperature
and increased variability in weather patterns (e.g., sea level rise).
Climate-related risks can also be associated with the transition to a
lower-carbon global economy, the most common of which relate to policy and
legal actions, technology changes, market responses, and reputational
considerations.
- Climate-related opportunity, in line with TCFD, refers to the potential
positive impacts on an organization resulting from efforts to mitigate and
adapt to climate change, such as through resource efficiency and cost savings,
the adoption and utilization of low-emission energy sources, the development of
new products and services, and building resilience along the supply chain.
Climate-related opportunities will vary depending on the region, market, and
industry in which an organization operates.
(C-FS2.2c) Describe how you assess your portfolio's exposure to climate-related risks and opportunities.
Question dependencies
This question only appears if you selected “Yes” to any of the activities listed in C-FS2.2b. A row will appear in this table for each portfolio for which you selected “Yes” in column 2 of question C-FS2.2b.
Change from 2019
New question
Rationale
The TCFD recommendations highlight the importance of the
financial services sector considering the potential impacts of climate-related
risks and opportunities in the context of their financing activities. When
evaluating exposure to climate-related risks and opportunities, organizations
in the financial sector should primarily consider the potential impact on their
financial portfolios including lending, financial intermediary, investment
and/or insurance underwriting activities.
Connection to other frameworks
TCFD
Risk management recommended disclosure a) Describe your organization's processes for identifying and assessing climate-related risks.
Response options
Please complete the following table.
Portfolio
|
Portfolio coverage
|
Assessment type
|
Description
|
Bank lending (Bank)
|
Select from:
- All of the portfolio
- Majority of the portfolio
- Minority of the portfolio
- Unknown
|
Select from:
- Qualitative only
- Quantitative only
- Qualitative and quantitative
|
Text field [maximum 5,000 characters]
|
Investing (Asset manager)
|
|
|
|
Investing (Asset owner)
|
|
|
|
Insurance underwriting (Insurance company)
|
|
|
|
Other products and services, please specify
|
|
|
|
Requested content
General
- Consider how you assess your portfolio’s exposure to climate-related risks and opportunities in your lending, financial intermediary, investment and/or insurance underwriting activities.
Portfolio coverage (column 2)
- For each of your portfolios, disclose the proportion of portfolio assessed.
- Select the coverage of your portfolio based on the portfolio value this policy applies to. Coverage by portfolio value can be based on either total or outstanding commitments, premiums, and/or committed capital.
- Select “All of the portfolio” if the policy covers 100% of your portfolio.
- Select “Majority of the portfolio” if the policy covers more than 50% of your portfolio.
- Select “Minority of the portfolio” if the policy covers less than 50% of your portfolio.
Assessment type (column 3)
- Disclose whether the assessment is qualitative, quantitative, or both.
- Qualitative assessment is descriptive and may include stakeholder involvement, meetings, interviews, and analysis of scenario impacts or descriptive risk matrixes.
- Quantitative assessment is expressed in numbers and involves indicators, indices, variables and metrics such as probabilistic or stochastic risk modelling considering frequency and severity of events.
Description (column 4)
- Describe what tools you use to assess your portfolio’s exposure to climate-related risks and opportunities (whether this is qualitative or quantitative). Examples of such tools and strategies may be green/brown exposure, negative screening, positive screening, divestment, phasing out investments in fossil fuel or climate-vulnerable holdings, phasing out lending to fossil fuel or climate-vulnerable borrowers/clients/projects, phasing out insurance underwriting to fossil fuel or climate-vulnerable clients/projects.
- Mention how you defined portfolio coverage.
- If you select “Yes” for your “Other products and services, please specify” portfolio, specify what products and/or services these are.
Explanation of terms
- Portfolio: In the context of this questionnaire your portfolio is your entire collection of your core financing activities - loans, investments and insurance policies- that you offer. For bank lending, this is the entire collection of products and loans held on your balance sheet for which you own the receivable stream. For asset managers, this is the entire collection of your products and investments that you hold and/or manage on behalf of your clients. For asset owners, this is the entire collection of products, funds and investments owned and controlled by your company. For investment portfolios, asset managers should consider discretionary investments, those where the company has discretion over investment decision. For insurance underwriting, this is the entire collection of products and insurance policies you provide to your clients.
- Other products and services: Also referred to as other financial intermediary activities, this includes products and services that are not part of your core lending, investment and insurance underwriting activities. Some examples of such products and services may be financial guarantees, M&A, securities underwriting, bond issuance, etc.
(C-FS2.2d) Do you assess your portfolio's exposure to water-related risks and opportunities?
Question dependencies
Rows in this question will be presented according to the organizational activities reported in C-FS0.7. The “Other products and services, please specify” row will always appear.
Change from 2019
New question
Rationale
By providing financial services to businesses that contribute to water-related risks, you indirectly contribute to water-related risks and are thus exposed to an increased level of these risks. To progress water security for all and to minimize water-related risks, organizations must eliminate any detrimental impact on water ecosystems and resources. Organizations in the financial sector should assess and understand their exposure to water-related risks via their portfolios in order to minimize this exposure and to advance water security. When evaluating exposure to water-related risks, organizations in the financial sector should primarily consider the impact on their financial portfolios including lending, financial intermediary, investment and/or insurance underwriting activities. Data users wish to know whether your organization has knowledge of any water risks across any part of your value chain that are substantive at the corporate level. This information is critical for guiding investments and actions to improve business resilience and water stewardship.
Connection to other frameworks
CEO Water Mandate
Implications: Business risk
SDG
Goal 6: Clean water and sanitation
Response options
Please complete the following table.
Portfolio
|
We assess the portfolio's exposure
|
Portfolio coverage
|
Please explain |
Bank lending (Bank)
|
Select from:
- Yes
- No, but we plan to do so in the next two years
- No, we don't assess this
- Not applicable
|
Select from:
- All of the portfolio
- Majority of the portfolio
- Minority of the portfolio
- Unknown
|
Text field [maximum 2,400 characters]
|
Investing (Asset manager)
|
|
|
|
Investing (Asset owner)
|
|
|
|
Insurance underwriting (Insurance company)
|
|
|
|
Other products and services, please specify
|
|
|
|
Requested content
General
- This question asks whether you specifically assess water-related risks that your financial portfolio(s) is exposed to.
- For each of your portfolios, select whether you assess exposure or not.
Portfolio coverage (column 2)
- For each of your portfolios, disclose the proportion of portfolio assessed.
- Select the coverage of your portfolio based on the portfolio value this policy applies to. Coverage by portfolio value can be based on either total or outstanding commitments, premiums, and/or committed capital.
- Select “All of the portfolio” if the policy covers 100% of your portfolio.
- Select “Majority of the portfolio” if the policy covers more than 50% of your portfolio.
- Select “Minority of the portfolio” if the policy covers less than 50% of your portfolio.
Please explain (column 4)
- If “Yes” is selected, include any details that would help data users understand how you assess this and mention what water-related risks you assess. Indicate to what degree you assess water-related risks and opportunities and mention any frameworks you use to do this assessment. Mention how you defined portfolio coverage.
- If you select “Yes” for your “Other products and services, please specify” portfolio, specify what products and/or services these are.
- If “No” or “Not applicable” is selected, explain why not.
- Explain the coverage you indicated in column 3 (Portfolio coverage).
Explanation of terms
- Water-related risk: The
possibility of an organization experiencing a water-related challenge (e.g. infrastructure
decay, drought, flooding, water scarcity, water stress, (adapted from the
CEO Water Mandate's "CorporateWater Disclosure Guidelines"). The extent of risk is a function
of the likelihood of a specific challenge occurring and the severity of the
challenge’s impact. The severity of impact depends on the intensity of the
challenge, as well as the vulnerability of the organisation.
- Water-related opportunity: Refers
to the potential positive impact on an organization resulting from improved
water security or an action to progress it, e.g. cost savings, access to new
markets, supply chain resilience.
- Portfolio: In the context of this questionnaire your portfolio is your entire collection of your core financing activities - loans, investments and insurance policies- that you offer. For bank lending, this is the entire collection of products and loans held on your balance sheet for which you own the receivable stream. For asset managers, this is the entire collection of your products and investments that you hold and/or manage on behalf of your clients. For asset owners, this is the entire collection of products, funds and investments owned and controlled by your company. For investment portfolios, asset managers should consider discretionary investments, those where the company has discretion over investment decision. For insurance underwriting, this is the entire collection of products and insurance policies you provide to your clients.
- Other products and services: Also referred to as other financial intermediary activities, this includes products and services that are not part of your core lending, investment and insurance underwriting activities. Some examples of such products and services may be financial guarantees, M&A, securities underwriting, bond issuance, etc.
(C-FS2.2e) Do you assess your portfolio's exposure to forests-related risks and opportunities?
Question dependencies
Rows in this question will be presented according to the organizational activities reported in C-FS0.7. The “Other products and services, please specify” row will always appear.
Change from 2019
New question
Rationale
By providing financial services to businesses that contribute to forests-related risks, you indirectly contribute to forests-related risks and are thus exposed to an increased level of these risks. It is important to provide details of your procedures to forests-related risk assessment so that investors and other CDP data users can consider the thoroughness of your company’s understanding of its forests-related risk exposure. When evaluating exposure to forests-related risks, organizations in the financial sector should primarily consider the impact on their financial portfolios including lending, financial intermediary, investment and/or insurance underwriting activities. Investors and data users are increasingly interested in whether organizations in the financial sector are assessing the forests-related risk within their portfolios.
Connection to other frameworks
AFi
Core Principle 5: Supply chain assessment and traceability
SDG
Goal 15: Life on Land
Response options
Please complete the following table:
Portfolio
|
We assess the portfolio's exposure
|
Portfolio coverage
|
Please explain
|
Bank lending (Bank)
|
Select from:
- Yes
- No, but we plan to do so in the next two years
- No, we don't assess this
- Not applicable
|
Select from:
- All of the portfolio
- Majority of the portfolio
- Minority of the portfolio
- Unknown
|
Text field [2,400 characters]
|
Investing (Asset manager)
|
|
|
|
Investing (Asset owner)
|
|
|
|
Insurance underwriting (Insurance company)
|
|
|
|
Other products and services, please specify
|
|
|
|
Requested content
General
- This question asks whether you specifically assess forests-related risks that your financial portfolio(s) is exposed to.
- For each of your portfolios select whether you assess exposure or not.
Portfolio coverage (column 2)
- For each of your portfolios disclose the proportion of portfolio assessed.
- Select the coverage of your portfolio based on the portfolio value this policy applies to. Coverage by portfolio value can be based on either total or outstanding commitments, premiums, and/or committed capital.
- Select “All of the portfolio” if the policy covers 100% of your portfolio.
- Select “Majority of the portfolio” if the policy covers more than 50% of your portfolio.
- Select “Minority of the portfolio” if the policy covers less than 50% of your portfolio.
Please explain (column 4)
- If “Yes” is selected, include any details that would help data users understand how you assess this and mention what forests-related risks you assess. Indicate to what degree you assess forests-related risks and opportunities and mention any frameworks you use to do this assessment. Mention any certifications that you encourage and/or require from your clients/investees. Explain how you defined portfolio coverage.
- If you select “Yes” for your “Other products and services, please specify” portfolio, specify what products and/or services these are.
- If “No” or “Not applicable” is selected, explain why not.
Explanation of terms
- Forests-related: For the
purpose of this question this refers to deforestation and forest degradation as
well as conversion and degradation of other natural ecosystems.
- Forests-related risk: Refers
to the likelihood, over a specific time, of an organization experiencing
an impact caused directly or indirectly by deforestation/forest degradation
(e.g., fines, loss of license to operate, supply chain disruption, loss of
revenue, etc.). The extent of a risk is a function of its likelihood and the
severity of the potential impact. The severity of potential impact itself
depends on the intensity of the challenge posed by the risk, as well as the
vulnerability of the organization.
- Forests-related opportunity: Refers
to the potential positive impacts related to the sustainable
production/consumption of the forest risk commodities on an organization, e.g.
cost savings and access to new markets.
- Portfolio: In the context of this questionnaire your portfolio is your entire collection
of your core financing activities - loans, investments and insurance policies- that you offer. For bank lending,
this is the entire collection of products and loans held on your balance sheet
for which you own the receivable stream. For asset managers, this is the entire
collection of your products and investments that you hold and/or manage on
behalf of your clients. For asset owners, this is the entire collection of
products, funds and investments owned and controlled by your company. For
investment portfolios, asset managers should consider discretionary
investments, those where the company has discretion over investment decision.
For insurance underwriting, this is the entire collection of products and
insurance policies you provide to your clients.
- Other products and services: Also referred to as other financial
intermediary activities, this includes products and services that are
not part of your core lending, investment and insurance underwriting activities.
Some examples of such products and services may be financial guarantees,
M&A, securities underwriting, bond issuance, etc.
(C-FS2.2f) Do you request climate-related information from your clients/investees as part of your due diligence and/or risk assessment practices?
Question dependencies
Rows in this question will be presented according to the organizational activities reported in C-FS0.7. The “Other products and services, please specify” row will always appear.
Change from 2019
New question
Rationale
Requesting climate-related information from clients/investees in
the initial phases of risk assessment and/or as part of your due diligence processes
helps organizations in the financial sector better understand their value
chain’s exposure to climate-related risks and opportunities. Thus, requesting
climate-related information as part of due diligence processes can greatly
reduce the organization’s climate-related risk exposure. In turn, this sends a
signal to investors about the financial services company’s exposure to climate-related
risks and opportunities.
Connection to other frameworks
TCFD
Risk management recommended disclosure a) Describe your organization's processes for identifying and assessing climate-related risks.
Risk management recommended disclosure b) Describe the organization's processes for managing climate-related risks.
Response options
Please complete the following table:
Portfolio
|
We request climate-related information
|
Please explain
|
Bank lending (Bank)
|
Select from:
- Yes
- Yes, for some
- No, but we plan to do so in the next two years
- No, and we don't plan on requesting climate-related information
- Not applicable
|
Text field [maximum 5,000 characters]
|
Investing (Asset manager)
|
|
|
Investing (Asset owner)
|
|
|
Insurance underwriting (Insurance company)
|
|
|
Other products and services, please specify
|
|
|
Requested content
General:
- For each of your financial portfolios, disclose whether you request climate-related information from your clients/investee companies as part of your client screening, risk assessment and/or due diligence process.
- Requesting climate-related information can take many forms: proforma climate risk questions, other type of written documentation, verbal discussions with clients and other. This assessment is dependent on the organization’s client base and scale of business.
- Banks:
-Incorporating clients’ climate-related information in borrower and deal-level credit risk and other pre-lending assessments such as due diligence and “know your client” processes.
-For the purpose of this question focus on your commercial/corporate clients
-Incorporating investees' climate-related information in fund allocation and investment risk assessment processes.
-Incorporating policyholders’ climate-related information in insurance underwriting due diligence processes.
Please explain
- If you select “Yes” or “Yes, for some”, for each of your financial portfolios, explain the type of risk assessment and/or due diligence practice and how your organization uses or plans to use this requested information. In this section state whether this process is always documented and consistent or not.
- If you select “Yes, for some”, also comment on the proportion of clients/investees being requested this information and your process for determining who the clients/investees companies are.
- If you select “Yes” or “Yes, for some” for your “Other products and services, please specify” portfolio, specify what products and/or services these.
- If you select “No”, explain why not. If you select 'No, but we plan to do so in the next two years', explain why you do not currently request climate-related information from your clients/investees and how you plan to request this climate related information in the next two years.
Explanation of terms
- Due diligence: Research or investigation performed by the financial services company before entering into an agreement or a financial transaction with another party. There are many types of due diligence. Relevant ones may include client due diligence, environmental due diligence and Know Your Client (KYC) processes.
- Portfolio: In the context of this questionnaire your portfolio is your entire collection of your core financing activities - loans, investments and insurance policies- that you offer. For bank lending, this is the entire collection of products and loans held on your balance sheet for which you own the receivable stream. For asset managers, this is the entire collection of your products and investments that you hold and/or manage on behalf of your clients. For asset owners, this is the entire collection of products, funds and investments owned and controlled by your company. For investment portfolios, asset managers should consider discretionary investments, those where the company has discretion over investment decision. For insurance underwriting, this is the entire collection of products and insurance policies you provide to your clients.
- Other products and services: Also referred to as other financial intermediary activities, this includes products and services that are not part of your core lending, investment and insurance underwriting activities. Some examples of such products and services may be financial guarantees, M&A, securities underwriting, bond issuance, etc.
(C2.2g) Why does your organization not have a process in place for identifying, assessing, and responding to climate-related risks and opportunities, and do you plan to introduce such a process in the future?
Question dependencies
This question only appears if you select “No” in response to C2.1.
Change from 2019
Minor change (2019 C2.2e)
Rationale
A thorough risk and opportunity assessment is integral to addressing climate-related issues. Therefore data users want to understand why your company does not carry out such assessments, as well as any plans to do so in the future. Without a process for managing risks and opportunities, companies may be unable to determine the best ways to prepare for future uncertainties and liabilities, or to capitalize on available opportunities.
Response options
Please complete the following table:
Primary reason | Please explain |
Select from: - We are planning to introduce a climate-related risk management process in the next two years
- Important but not an immediate business priority
- Judged to be unimportant, explanation provided
- Lack of internal resources
- Insufficient data on operations
- No instruction from management
- Other, please specify
| Text field [maximum 1,500 characters] |
Requested content
Primary reason (column 1)
- Select the primary reason why your company does not have a process in place to identify, assess, and respond to climate-related issues.
- Select only one option from the drop-down menu. If multiple options reasonably apply to your company, explain any additional reasons in column 2.
- If you select “Other, please specify”, provide a label for the primary reason.
Please explain (column 2)
- Ensure your explanation is company-specific and provides additional details as to why you do not have a process in place, including any specific plans to create a process and the anticipated timeline for its creation. For instance, you may include details on how you are exploring creating a process, using concrete examples from your company’s experience.
- Please also include details of how climate-related risks are addressed as they do arise (such as environmental legislation, weather-related events, or reputational risks related to climate change). Include company-specific examples in your description.
Risk disclosure
(C2.3) Have you identified any inherent climate-related risks with the potential to have a substantive financial or strategic impact on your business?
Change from 2019
No change
Rationale
Investors and data users are interested in learning whether your organization has knowledge at the corporate level of any substantive climate-related risks, across any part of your value chain.
Connection to other frameworks
TCFD
Strategy recommended disclosure a) Describe the climate related risks and opportunities the organization has identified over the short, medium, and long term.
SDG
Goal 13: Climate action
Response options
Select one of the following options:
Requested content
General
- Please indicate if you have identified any inherent climate-related risks.
- For the purposes of this response, the risks reported should only be those which:
- May pose substantive financial or strategic impacts, in line with your definition of substantive impact provided in C2.1b; and
- Are inherent (risks that exist in the absence of controls, i.e. not taking into account any potential mitigation or management measures that have been or could be implemented).
Note for financial services sector companies:
- For the purposes of this response, the risks reported should be inherent and have the potential for substantive impacts on your investing, financing, underwriting and/or operational activities. Further details can be provided in subsequent questions.
(C2.3a) Provide details of risks identified with the potential to have a substantive financial or strategic impact on your business.
Question dependencies
This question only appears if you select “Yes” in response to C2.3.
Change from 2019
Modified question
Rationale
Your response to this question will allow data users to see, in one place, details of the risks posed to your organization by climate-related issues, and also the estimated potential financial impact of these risks at the corporate level and your response strategy to manage these risks.
Connection to other frameworks
TCFD
Strategy recommended disclosure a) Describe the climate related risks and opportunities the organization has identified over the short, medium, and long term.
Strategy recommended disclosure b) Describe the impact of climate-related risks and opportunities on the organization's businesses, strategy and financial planning.
Please note: columns 1-7 align with the TCFD recommendations.
SDG
Goal 12: Responsible consumption and production
Goal 13: Climate action
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Identifier
|
Where in the value chain does the risk driver occur?
|
Risk type
|
Primary climate-related risk driver
|
Primary potential financial impact
|
[Financial services only]
Climate risk type mapped to traditional financial services industry risk classification
|
Company- specific description
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Time horizon
|
Select from:
|
Select from:
- Direct operations
- Upstream
- Downstream
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Select from:
- Current regulation
- Emerging regulation
- Legal
- Technology
- Market
- Reputation
- Acute physical
- Chronic physical
|
See drop-down options below
|
See drop-down options below
|
Select from:
- Capital adequacy and risk-weighted assets
- Liquidity risk
- Funding risk
- Market risk
- Credit risk
- Reputational risk
- Policy and legal risk
- Systemic risk
- Operational risk
- Strategic risk
- Other non-financial risk
- None
|
Text field [maximum 2,500 characters]
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Select from:
- Short-term
- Medium-term
- Long-term
- Unknown
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Likelihood
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Magnitude of impact
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Are you able to provide a potential financial impact figure?
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Potential financial impact figure (currency)
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Potential financial impact figure - minimum (currency)
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Potential financial impact figure - maximum (currency)
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Select from:
- Virtually certain
- Very likely
- Likely
- More likely than not
- About as likely as not
- Unlikely
- Very unlikely
- Exceptionally unlikely
- Unknown
|
Select from:
- High
- Medium-high
- Medium
- Medium-low
- Low
- Unknown
|
Select from:
- Yes, a single figure estimate
- Yes, an estimated range
- No, we do not have this figure
|
Numerical field [enter a number from 0 to 999,999,999,999,999 using up to 2 decimal places]
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Numerical field [enter a number from 0 to 999,999,999,999,999 using up to 2 decimal places]
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Numerical field [enter a number from 0 to 999,999,999,999,999 using up to 2 decimal places]
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Explanation of financial impact figure
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Cost of response to risk
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Description of response and explanation of cost calculation
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Comment
|
Text field [maximum 2,500 characters]
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Numerical field [enter a number from 0-999,999,999,999,999 using a maximum of 2 decimal places]
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Text field [maximum 2,500 characters]
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Text field [maximum 2.500 characters]
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[Add Row]
Primary climate-related risk driver drop-down options (column 4)
Select one of the following options:
Current regulation
- Carbon pricing mechanisms
- Enhanced emissions-reporting obligations
- Mandates on and regulation of existing products and services
- Regulation and supervision of climate-related risk in the financial sector [Financial services only]
- Other, please specify
Emerging regulation
- Carbon pricing mechanisms
- Enhanced emissions-reporting obligations
- Mandates on and regulation of existing products and services
- Regulation and supervision of climate-related risk in the financial sector [Financial services only]
- Other, please specify
Legal
- Exposure to litigation
- Regulation and supervision of climate-related risk in the financial sector [Financial services only]
- Lending that could create or contribute to systemic risk for the economy [Financial services only]
- Investing that could create or contribute to systemic risk for the economy [Financial services only]
- Insurance underwriting that could create or contribute to systemic risk for the economy [Financial services only]
- Other, please specify
Technology
- Substitution of existing products and services with lower emissions options
- Unsuccessful investment in new technologies
- Transitioning to lower emissions technology
- Other, please specify
|
Market
- Changing customer behavior
- Uncertainty in market signals
- Increased cost of raw materials
- Inability to attract co-financiers and/or investors due to uncertain risks related to the climate [Financial services only]
- Loss of clients due to a fund’s poor environmental performance outcomes (e.g. if a fund has suffered climate-related write-downs) [Financial services only]
- Contraction of insurance markets, leaving clients exposed and changing the risk parameters of the credit [Financial services only]
- Rise in risk-based pricing of insurance policies (beyond demand elasticity) [Financial services only]
- Other, please specify
Reputation
- Shifts in consumer preferences
- Stigmatization of sector
- Increased stakeholder concern or negative stakeholder feedback
- Lending that could create or contribute to systemic risk for the economy [Financial services only]
- Investing that could create or contribute to systemic risk for the economy [Financial services only]
- Insurance underwriting that could create or contribute to systemic risk for the economy [Financial services only]
- Negative press coverage related to support of projects or activities with negative impacts on the climate (e.g. GHG emissions, deforestation, water stress) [Financial services only]
- Other, please specify
Acute physical
- Increased severity and frequency of extreme weather events such as cyclones and floods
- Increased likelihood and severity of wildfires
- Other, please specify
Chronic physical
- Changes in precipitation patterns and extreme variability in weather patterns
- Rising mean temperatures
- Rising sea levels
- Deforestation [Financial services only]
- Water stress [Financial services only]
- Other, please specify
|
Primary potential financial impact drop-down options (column 5)
Select one of the following options:
- Increased direct costs
- Increased indirect (operating) costs
- Increased capital expenditures
- Increased credit risk
- Increased insurance claims liability
- Decreased revenues due to reduced demand for products and services
- Decreased revenues due to reduced production capacity
- Decreased access to capital
- Decreased asset value or asset useful life leading to write-offs, asset impairment or early retirement of existing assets
- Reduced profitability of investment portfolios [Financial services only]
- Devaluation of collateral and potential for stranded, illiquid assets [Financial services only]
- Other, please specify
Requested content
General
- For the purposes of this response, the risks reported should only be those which may pose inherently substantive impacts in your business operations, revenue, or expenditure, regardless of whether or not the company has taken action to mitigate the risk(s).
Identifier (column 1)
- Select a unique identifier from the drop down menu provided to identify the risk in subsequent questions, if required, and to track the status of the risk in subsequent reporting years. Please select from Risk1-Risk100 and use the same identifier in subsequent years for the same risk. For any new risks you are adding, always use a new identifier that you have not used previously.
Where in the value chain does the risk driver occur? (column 2)
- Upstream value chain refers to activities, products and services that are inputs to the activities of your business, sourced from third parties. This may include the regulations and policies applied by governments; the products and services provided by your suppliers (i.e. the supply chain).
- Downstream value chain refers to the third parties benefiting from the outputs, products and services of your business activities. This may be your customers and clients, or the organizations and projects your business invests in.
Note for financial services sector companies:
- Value chain: Upstream and downstream risks should reflect the risks in your customer and/or investment value chain, in addition to your operations. The downstream risks of your value chain relate to the risks for your clients/investee companies, while upstream risks include other transition risks that provide value to your products, services and/or investments e.g. policy and legal, market or technology.
Risk type (column 3)
- See explanation of terms for definitions of risk types.
- Note that a selection must be made for both column 3 and column 4. Your data will not be saved if either column is left blank.
Primary climate-related risk driver (column 4)
- Risk driver describes the source of the risk and will depend on the risk type chosen in column 3. Select an option that best describes the primary risk driver of the identified risk from the drop-down menu.
- Note that a selection must be made for both column 3 and column 4. Your data will not be saved if either column is left blank.
Primary potential financial impact (column 5)
- This column refers to the potential financial impact that the risk could have on your organization. The financial impacts of climate-related issues on organizations are not always clear or direct, and for many organizations there might be more than one financial impact associated with a climate-related risk. Select the option from the drop-down menu that you evaluate as having the biggest impact. You can provide additional details on other financial impacts in the column Explanation of financial impact figure (column 14).
Climate risk type mapped to traditional financial services industry risk classification [Financial services only]
- In this column consider how climate-related risks fit into your already existing organizational framework. Consider where in your traditional industry risk framework you classify the potential financial impact of the climate risk. As per the TCFD supplemental guidance to financial institutions, “Banks should consider characterizing their climate-related risks in the context of traditional banking industry risk categories such as credit risk, market risk, liquidity risk, and operational risk.” If an identified risk maps to multiple risk categories, choose the primary risk category.
Company-specific description (column 6)
- Provide further contextual information on the risk driver, including more detail on the exact nature, location and/or regulation of the effect concerned, as well as any notable geographic/regional examples.
- Be sure to include company-specific detail, such as references to activities, programs, products, services, methodologies, or operating locations specific to your company’s business or operations.
Likelihood (column 8)
- The likelihood of the impact occurring along with the magnitude of the impact are the building blocks of a risk/opportunity matrix – a common method of identifying and prioritizing risk and opportunities.
- The likelihood refers to the probability of the impact to your business occurring within the time horizon provided, which in the case of an inherent risk might be similar to the probability of the climate event itself.
- For example, if the risk relates to a piece of new legislation which has already been prepared in draft form, the likelihood of the impact associated with that risk occurring will be relatively high.
Magnitude of impact (column 9)
- The magnitude describes the extent to which the impact, if it occurred, would affect your business. You should consider the business as a whole and therefore the magnitude can reflect both the damage that may be caused and the exposure to that potential damage.
- For example, two companies may have identical facilities located on a coast in an area which is vulnerable to sea level rise. However, if company A relies on that facility for 90% of its production capacity and company B relies on it for only 40% of its production capacity, the magnitude of a sea level rise impact on company A will be comparatively higher than that on company B.
- It is not possible for CDP to accurately define terms for magnitude as they will vary from company to company. For example, a 1% reduction in profits will have different effects on different companies depending on the profit margins on which they work. Therefore, companies are asked to determine magnitude on a qualitative scale. Factors to consider include:
- The proportion of business units affected;
- The size of the impact on those business units; and
- The potential for shareholder or customer concern.
Are you able to provide a potential financial impact figure? (column 10)
- Your selection will determine whether columns 11,12, and 13 will be presented.
- It is acknowledged that these figures will be estimates.
- If you are unable to provide a figure for a financial impact, you may use column 14 "Explanation of financial impact" to provide a description of the impact in relative terms; for example, as a percentage relative to a stated or publicly available figure, or give a qualitative estimate of the financial impact.
Potential financial impact figure (currency) (column 11)
- Provide a single figure for the inherent financial impact of the risks (before taking into consideration any controls you may have in place to mitigate the impacts). This figure should be in the same currency that you selected in question C0.4 for all financial information disclosed throughout your response.
- An example would be the cost of destruction of facilities from extreme weather (before taking into consideration how much insurance coverage you have).
Potential financial impact figure - minimum/maximum (currency) (columns 12, 13)
- Provide the estimated range for the inherent financial impact (before taking into consideration any controls you may have in place to mitigate the impacts). This figure should be in the same currency that you selected in question C0.4 for all financial information disclosed throughout your response.
- Potential financial impact figure – minimum (currency): Use this field to report the lower point of your estimated financial impact associated with the risk. For example, if the range is from US $5,000 to $50,000, ‘5,000’ should be reported here.
- Potential financial impact figure – maximum (currency): Use this field to report the upper point of your estimated financial impact associated with the risk. For example, if the range is from US $5,000 to $50,000, ‘50,000’ should be reported here.
Explanation of financial impact figure (column 14)
- Use this open text field to explain the figure provided in the “Potential financial impact” (columns 10, 11, 12);
- Describe how you arrived at this figure (or range), including:
- What approach was employed to calculate the figure;
- The figures used in your calculation;
- Any assumption the figure is dependent on.
- If "We do not have this figure" was selected in column 10, use this column to provide a description of the financial impact in relative terms (for example as a percentage relative to a stated or publicly available figure) or give a qualitative estimate of the financial impact. Otherwise, if you have no information about the financial impact, please state “The impact has not been quantified financially”.
- You can also describe here other financial impacts of the selected climate-related risk (other than the main impact identified in column 5), and provide more details on the nature of the impact in case you selected “Other, please specify” in column 5.
Cost of response to risk (column 15)
- Provide a quantitative figure for the cost of your risk response actions. If there are no costs to responding to the risk, enter 0.
- If you cannot provide absolute values, you may provide a percentage value in the “Comment” column (column 17).
- This figure should be in the same currency that you selected in question C0.4 for all financial information disclosed throughout your response.
Description of response and explanation of cost calculation (column 16)
- Provide details of your organization’s response to mitigate, control, transfer or accept the risk.
- Include an example of company-specific risk responses actions (activities, projects, products and/or services).
- Provide an explanation of how the figure for the cost of managing the risk (in column 15) was calculated, including the figures used in your calculation.
Comment (column 17) (optional)
- You can use this text field to enter any additional relevant information.
Note for oil and gas sector companies:
- In answering the questions above, please consider the impact of national and international emissions targets and how those could affect demand for oil and gas products. Will they lead to your company having a less carbon-intensive fuel mix? Will fuel efficiency standards affect the demand for fuel? Are there other instances where demand is likely to reduce due to regulation?
- Is your company affected by other types of regulation such as restrictions on flaring, or by requirements for a certain level of climate-related performance in order to receive permission to operate and/or as a condition of accessing new oil & gas resources? (e.g. a requirement for carbon sequestration).
- Companies are encouraged to include these drivers in the response to this question and explain how their portfolio of reserves is evolving in response to these drivers (in the Comment column).
Note for electric utility sector companies:
- Electric utilities are asked to consider, among other issues:
- How national and international targets on demand management might affect demand for electricity;
- The impacts of related policies such as building regulations specifying more energy-efficient buildings;
- Policies to increase renewable electricity supply or to support developments that may result in GHG emissions reductions, e.g. CO2 capture and storage, clean coal technologies and energy storage;
- The impacts of any emissions trading schemes and any emissions reduction targets you have set or with which you have to comply, including the analysis of possible scenarios and their effect on the company;
- The effects on wholesale and retail power prices of carbon prices in the different markets in which you operate and the extent to which carbon prices are passed through, or may in the future be passed through, into electricity prices in the markets, based on current and anticipated regulatory requirements.
Note for auto and auto component manufacturing companies:
- Please consider the financial and strategic implications of current and planned national, regional, and international policies for increasing automobile fuel efficiency and developing “clean” engines for each of the markets in which you operate. You should also consider how other related environmental policies, such as regulations and standards regarding air quality, use of alternative fuels, and sustainable mobility could further impact your business.
- Specifically, you should take into account how climate change policy could impact you in terms of sales, the financial cost of any loss or potential loss of market share, additional costs of complying with regulation and, if applicable, how you have or will pass increased costs down the value chain.
Note for agricultural sector companies:
- Agricultural companies should report on risks that may affect the revenue associated with the agricultural/forestry, processing/manufacturing and/or distribution. These risk are often driven by:
- Physical factors, e.g. extreme weather events that disrupt production/supply of raw materials.
- Changes in regulation pertaining to agricultural, processing, manufacturing, distribution and/or consumption activities.
- Changes in consumer demands and new market trends
Note for companies with coal reserves:
Note for financial services sector companies:
- For the purposes of this response, the risks reported should be inherent and have the potential for substantive impacts on your investing, financing, underwriting and/or operational activities, regardless of whether any action has been taken to respond to the risk(s).
- Consider providing a description of risks by sector and/or geography, as appropriate. This can be provided in the "Company-specific description" (column 6).
- Both physical and transition risks in your investing, financing, underwriting, and/or operational activities should be considered, including the risk of stranded assets. These are assets that are no longer economically viable as a result of climate-related transition or physical risks.
- Banks:
- Banks should describe significant concentrations of credit exposure to carbon-related assets.
- Additionally, banks should consider disclosing their climate-related risks (transition and physical) in their lending and other financial intermediary business activities.
- Insurance companies should consider climate-related risks on re-/insurance portfolios by geography, business division, or product segments, including the following risks:
- Physical risks from changing frequencies and intensities of weather-related perils;
- Transition risks resulting from a reduction in insurable interest due to a decline in value, changing energy costs, or implementation of carbon regulation; and
- Liability risks that could intensify due to a possible increase in litigation. For example, the risk of an increase in claims for defense costs in relation to directors and officers (D&O) liability.
- Additionally, as an asset owner, please also describe the climate-related risks relevant to your investment portfolio.
- Asset managers should consider climate-related risks for each product or investment strategy.
Note for real estate companies:
- Since real estate is a location-bound and a long-term investment, it is highly exposed to climate-related risks. Commercial real
estate companies should consider stranding risks - the devaluation or
non-performance of assets, thus making them ‘stranded’.
- Stranded assets may be subject to write-downs due to:
- Demand shifts towards sustainable properties, putting pressure on ‘non-green’ assets;
- Higher exposure to acute physical risks (storms, flooding, wildfires, etc.);
Notes for capital goods sector companies:
- All the end markets supplied to by the capital goods sector face increasing regulation and decarbonization targets; from building standards to mandated technologies for power generation. Companies in this sector are therefore indirectly exposed to risks in their value chain, and should consider, among other issues, risks associated with:
- Carbon pricing regulation and stricter emissions constraints on products and services;
- Shifts in end-market demand away from fossil fuel dependent technologies.
Explanation of terms
- Climate-related risks: TCFD divides climate-related risks into two major categories: risks related to the transition to a lower-carbon economy and risks related to the physical impacts of climate change.
- Transition risks
- Current and emerging regulation – policy developments that attempt to constrain actions that contribute to the adverse effects of climate change or policy developments that seek to promote adaptation to climate change;
- Technology – all risks associated with technological improvements or innovations that support the transition to a lower-carbon, energy-efficient economic system;
- Legal – all climate-related litigation claims;
- Market – all shifts in supply and demand for certain commodities, products, and services;
- Reputation – all risks tied to changing customer or community perceptions of an organization’s contribution to or detraction from the transition to a lower-carbon economy.
- Acute – risks that are event-driven, including increased severity of extreme weather events, such as cyclones, hurricanes, or floods;
- Chronic – longer-term shifts in climate patterns (e.g., sustained higher temperatures) that may cause sea level rise or chronic heat waves.
- Likelihood: The terms used to describe likelihood are taken from the Intergovernmental Panel on Climate Change’s (IPCC) 2013 reports. They are associated with probabilities, indicating the percentage likelihood of the event occurring. It is not necessary for respondents to have calculated probabilities for the risks they are considering, however they can give an indication as to the meaning of the terms:
- Virtually certain: 99–100% probability
- Very likely: 90–100%;
- Likely: 66–100%;
- More likely than not: 50–100%;
- About as likely as not: 33–66%;
- Unlikely: 0–33%;
- Very unlikely: 0-10%;
- Exceptionally unlikely: 0–1%.
- Direct costs: Also known as “costs of goods or services sold”. These expenses can be attributed to the manufacture of a particular product or the provision of a particular service.
- Indirect (operating) costs: Refers to the essential expenses incurred in order to maintain the business including wages, rent, transport, energy (electricity, fuel, etc.), maintenance, and so on. These expenses cannot be attributed to the manufacture of a particular product or the provision of a particular service - they are standard costs that apply regardless of the volume of goods produced.
- Capital expenditure: A measure of the value of purchases of fixed assets such as property, buildings, an industrial plant, technology, or equipment. Put differently, CapEx is any type of expense that a company capitalizes, or shows on its balance sheet as an investment, rather than on its income statement as an expenditure.
- Revenue: Income arising in the course of an entity’s ordinary activities (less returns, allowances and discounts) - before deducting costs for the goods/services sold and operating expenses to arrive at profit (based on the International Financial Reporting Standard)
- Access to capital: Cash flows from sources other than an organization’s sales and other revenues. It includes cash infusions from investors or securing lines of credit with banks and other lenders.
(C2.3b) Why do you not consider your organization to be exposed to climate-related risks with the potential to have a substantive financial or strategic impact on your business?
Question dependencies
This question only appears if you select “No” in response to C2.3.
Change from 2019
No change
Rationale
A risk assessment may identify no substantive climate-related risks. This conclusion is important to disclose and explain. Knowing why your organization has concluded that it is not exposed to risks is crucial for data users to understand your business.
Response options
Please complete the following table:
Primary reason
|
Please explain
|
Select from:
- Risks exist, but none with potential to have a substantive financial or strategic impact on business
- Evaluation in process
- Not yet evaluated
- Other, please specify
|
Text field [maximum 2,500 characters]
|
Requested content
Primary reason (column 1)
- Select the reason that best describes why you consider your organization to not be exposed to climate-related risks with the potential to have a substantive financial or strategic impact on your business, given your definition of substantive as reported in C2.1b.
Please explain (column 2)
- Your explanation should include company-specific details such as your evaluation process or specific reasons why you have not yet conducted a risk assessment or why there are no climate-related risks to your organization.
Opportunity disclosure
(C2.4) Have you identified any climate-related opportunities with the potential to have a substantive financial or strategic impact on your business?
Change from 2019
No change
Rationale
Investors and data users wish to know whether your organization has identified at the corporate level any substantive climate-related opportunities, presented across any part of your value chain.
Connection to other frameworks
TCFD
Strategy recommended disclosure a) Describe the climate related risks and opportunities the organization has identified over the short, medium, and long term.
SDG
Goal 13: Climate action
Response options
Select one of the following options:
- Yes
- Yes, we have identified opportunities but are unable to realize them
- No
Requested content
General
- Regulation on climate change as well as physical changes related to climate may present opportunities for your organization in a variety of ways, for example through the adoption of low-emission energy sources, the development of new products and services and access to new markets. Further details of such opportunities are provided in the guidance for question C2.4a.
- Please note that opportunities can be:
- Currently being experienced or expected to arise in the future
- Being managed or newly identified
- Well understood or with high levels of uncertainty with regard to the likelihood of the opportunity materializing and the extent to which it will impact the business
Note for financial services sector companies:
- For the purposes of this response, the opportunities reported should be inherent and have the potential for substantive impacts on your investing, financing, underwriting and/or operational activities. Further details can be provided in subsequent questions.
(C2.4a) Provide details of opportunities identified with the potential to have a substantive financial or strategic impact on your business.
Question dependencies
This question only appears if you select “Yes” in response to C2.4.
Change from 2019
Modified question
Rationale
Your response to this question will allow CDP data users to see, in one place, details of the opportunities posed to your organization by climate-related issues, and also the estimated potential scale of these opportunities at the corporate level and your response strategy to take advantage of these opportunities.
Connection to other frameworks
TCFD
Strategy recommended disclosure a) Describe the climate related risks and opportunities the organization has identified over the short, medium, and long term.
Strategy recommended disclosure b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning.
Please note: columns 1-7 align with the TCFD recommendations.
SDG
Goal 7: Affordable and clean energy
Goal 12: Responsible consumption and production
Goal 13: Climate action
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Identifier
|
Where in the value chain does the opportunity occur?
|
Opportunity type
|
Primary climate-related opportunity driver
|
Primary potential financial impact
|
Company-specific description
|
Time horizon
|
Select from:
|
Select from:
- Direct operations
- Upstream
- Downstream
|
Select from:
- Resource efficiency
- Energy source
- Products and services
- Markets
- Resilience
|
See drop-down options below
|
See drop-down options below
|
Text field [maximum 2,500 characters]
|
Select from:
- Short-term
- Medium-term
- Long-term
- Unknown
|
Likelihood
|
Magnitude of impact
|
Are you able to provide a potential financial impact figure?
|
Potential financial impact figure (currency)
|
Potential financial impact figure - minimum (currency)
|
Potential financial impact figure - maximum (currency)
|
Select from:
- Virtually certain
- Very likely
- Likely
- More likely than not
- About as likely as not
- Unlikely
- Very unlikely
- Exceptionally unlikely
- Unknown
|
Select from:
- High
- Medium-high
- Medium
- Medium-low
- Low
- Unknown
|
Select from:
- Yes, a single figure estimate
- Yes, an estimated range
- No, we do not have this figure
|
Numerical field [enter a number from 0 to 999,999,999,999,999 using up to 2 decimal places]
|
Numerical field [enter a number from 0 to 999,999,999,999,999 using up to 2 decimal places]
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Numerical field [enter a number from 0 to 999,999,999,999,999 using up to 2 decimal places]
|
Explanation of financial impact figure
|
Cost to realize opportunity
|
Strategy to realize opportunity and explanation of cost calculation
|
Comment
|
Text field [maximum 2,500 characters]
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Numerical field [enter a number from 0 to 999,999,999,999,999 using up to 2 decimal places]
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[Add Row]
Primary climate-related opportunity driver drop-down options (column 4)
Select one of the following options:
Resource efficiency
- Use of more efficient modes of transport
- Use of more efficient production and distribution processes
- Use of recycling
- Move to more efficient buildings
- Reduced water usage and consumption
- Other, please specify
Energy source
- Use of lower-emission sources of energy
- Use of supportive policy incentives
- Use of new technologies
- Participation in carbon market
- Shift toward decentralized energy generation
- Other, please specify
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Products and services
- Development and/or expansion of low emission goods and services
- Development of climate adaptation, resilience and insurance risk solutions
- Development of new products or services through R&D and innovation
- Ability to diversify business activities
- Shift in consumer preferences
- Reputational benefits resulting in increased demand for goods/services [Financial services only]
- Other, please specify
Markets
- Access to new markets
- Use of public-sector incentives
- Access to new assets and locations needing insurance coverage
- Increased diversification of financial assets (e.g., green bonds and infrastructure) [Financial services only]
- Increased sales of liability and other insurance to cover climate-related risks [Financial services only]
- Reduced risk of asset stranding considered in investment decision making [Financial services only]
- More timely preparation for investors in adhering to current and potentially stricter future regulation in relation to fiduciary duty [Financial services only]
- Increased demand for funds that invest in companies that have positive environmental credentials [Financial services only]
- Enhanced financial performance of investee companies as a result of being able to access new markets and develop new products to meet green consumer demand [Financial services only]
- The development of new revenue streams from new/emerging environmental markets and products [Financial services only]
- Improved ratings by sustainability/ESG indexes [Financial services only]
- Other, please specify
Resilience
- Participation in renewable energy programs and adoption of energy-efficiency measures
- Resource substitutes/diversification
- New products and services related to ensuring resiliency [Financial services only]
- Increased reliability, climate- resilience of investment chain [Financial services only]
- Other, please specify
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Primary potential financial impact drop-down options (column 5)
Select from the following options:
- Reduced direct costs
- Reduced indirect (operating) costs
- Increased revenues resulting from increased demand for products and services
- Increased revenues through access to new and emerging markets
- Increased revenues resulting from increased production capacity
- Increased access to capital
- Increased value of fixed assets
- Increased diversification of financial assets
- Increased portfolio value due to upward revaluation of assets [Financial services only]
- Returns on investment in low-emission technology
- Other, please specify
Requested content
General
- For the purposes of this response, the opportunities identified should only be those which may pose substantive impacts in your business operations, revenue, or expenditure.
Identifier (column 1)
- Select a unique identifier from the drop down menu provided to identify the opportunity in subsequent questions, if required, and to track the status of the opportunity in subsequent reporting years. Please select from Opp1-Opp100 and use the same identifier in subsequent years for the same opportunity. For any new opportunities you are adding, always use a new identifier that you have not used previously.
Where in the value chain does the opportunity occur? (column 2)
- Upstream value chain refers to activities, products and services that are inputs to the activities of your business, sourced from third parties. This may include the regulations and policies applied by governments; the products and services provided by your suppliers (i.e. the supply chain).
- Downstream value chain refers to the third parties benefiting from the outputs, products and services of your business activities. This may be your customers and clients, or the organizations and projects your business invests in.
Opportunity type (column 3)
- Select an option from the drop-down menu that best describes the type of the identified opportunity:
- Resource efficiency – opportunities related to improving resource efficiency across production and distribution processes, buildings, machinery/appliances, and transport/mobility.
- Energy source - opportunities related to shifting energy usage toward low emission energy sources.
- Products and services - opportunities related to innovation and development of new low-emission and climate adaptation products and services.
- Markets – opportunities in new markets or types of assets that may help organizations to diversify their activities and better position themselves for the transition to a lower-carbon economy.
- Resilience – opportunities related to the development of adaptive capacity to respond to climate change. They may be especially relevant for organizations with long-lived fixed assets or extensive supply or distribution networks; those that depend critically on utility and infrastructure networks or natural resources in their value chain; and those that may require longer-term financing and investment.
Primary climate-related opportunity driver (column 4)
- Opportunity driver describes the source of the opportunity and will depend on the opportunity type selected in column 3. Select an option from the drop-down menu that best describes the identified opportunity. If you select “Other”, please provide further details in column Company-specific description (6).
Primary potential financial impact (column 5)
- This column refers to the potential financial impact that the opportunity could have on your organization. The financial impacts of climate-related opportunities on organizations are not always clear or direct, and for many organizations there might be more than one financial impact associated with a climate-related opportunity;
- Select the option that you deem to have the biggest impact. You can provide additional details on other financial impacts in the column Explanation of financial impact figure (column 14);
Company-specific description (column 6)
- Provide further context on the opportunity driver, including more detail on the exact nature, location, and/or regulation of the effect concerned, as well as any notable geographic/regional examples.
- Be sure to include company-specific detail, such as references to activities, programs, products, services, methodologies, or operating locations specific to your company’s business or operations.
Likelihood of impact (column 8)
- The likelihood of the impact occurring, along with the magnitude (see below) are the building blocks of a risk/opportunity matrix – a common method of identifying and prioritizing risk and opportunities.
- The likelihood refers to the probability of the impact to your business occurring within the time horizon provided, which in the case of an inherent opportunity might be similar to the probability of the climate event itself.
- For example, if the opportunity relates to a piece of new legislation which has already been prepared in draft form, the likelihood of the impact associated with that opportunity occurring will be relatively high.
Magnitude of impact (column 9)
- The magnitude describes the extent to which the impact, if it occurred, would affect your business. This should consider the business as a whole and therefore the magnitude can reflect both the opportunity and the extent to which it applies throughout the organization.
- It is not possible to accurately define terms for magnitude as they will vary from company to company. Therefore, companies are asked to determine magnitude on a qualitative scale. Factors to consider include:
- The proportion of business units affected;
- The size of the impact on those business units; and
- The potential for shareholder or customer response.
Are you able to provide a potential financial impact figure? (column 10)
- Your selection will determine whether column 11 or columns 12 and 13 will be presented.
- It is acknowledged that these will be estimates and, where possible, assumptions made in arriving at a financial impact figure should be stated in the column 14 ("Explanation of financial impact").
- If you are unable to provide a figure for a financial impact, you may use column 14 to provide a description of the impact in relative terms; for example, as a percentage relative to a stated or publicly available figure, or give a qualitative estimate of the financial impact
Potential financial impact figure (currency) (column 11)
- Provide a single figure for the financial impact of the opportunity. This figure should be in the same currency that you selected in question C0.4 for all financial information disclosed throughout your response.
Potential financial impact figure (currency) (columns 12, 13)
- Provide the estimated range for the financial impact of the opportunity. This figure should be in the same currency that you selected in question C0.4 for all financial information disclosed throughout your response.
- Potential financial impact figure – minimum (currency): use this field to report the lower point of your estimated financial impact associated with the opportunity. For example, if the range is from US $5,000 to $50,000, "5,000" should be reported here.
- Potential financial impact figure – maximum (currency): use this field to report the upper point of your estimated financial impact associated with the opportunity. For example, if the range is from US $5,000 to $50,000, "50,000" should be reported here.
Explanation of financial impact figure (column 14)
- Use this open text field to explain the figure provided in the “Potential financial impact” (columns 10, 11, 12).
- Describe how you arrived at this figure (or range), including:
- What approach was employed to calculate the figure;
- The figures used in your calculations;
- Any assumptions the figure is dependent on.
- If ‘We do not have this figure’ was selected in column 10, use this column to provide a description of the financial impact in relative terms (for example as a percentage relative to a stated or publicly available figure) or give a qualitative estimate of the financial impact. Otherwise, if you have no information about the financial impact, please state “The impact has not been quantified financially”.
- You can also describe here other financial impacts of the selected climate-related opportunity (other than the main impact identified in column 5), and provide more details on the nature of the impact in case you selected “Other, please specify” in column 5.
Cost to realize opportunity (column 15)
- Provide numerical data on the cost to realize opportunity. If there are no costs to this, enter 0.
- If you cannot provide absolute values you may provide a value in the “Comment” column (column 17).
Strategy to realize opportunity and explanation of cost calculation (column 16)
- Use this text field to provide information on methods you are using or plan to use to exploit the opportunity and maximize its potential realization. Make sure to include an example of company specific activities, projects, products and/or services which are aiming to realize the opportunity. Make sure to include:
- An example of company-specific activities, projects, products and/or services which are aiming to realize the opportunity; and
- An explanation of how the figure for the cost to realize opportunity (in column 15) was calculated, including the figures used in your calculation.
Comment (column 17) (optional)
- You can use this text field to enter any additional relevant information.
Note for electric utility sector companies:
- In answering the questions above, please consider:
- Opportunities that may arise from emissions trading;
- The opportunities that national or international targets on energy efficiency and demand management might present for your company e.g. revenue implications from energy services business units;
- Your company’s views on any opportunities that may result from policies on renewable energy or low emissions technologies e.g. current or planned investments in these areas; and
- The extent to which you receive financial incentives to reduce the electricity use of customers.
Note for agricultural sector companies:
- Agricultural companies should report on opportunities that the revenue associated with the agricultural/forestry, processing/manufacturing and/or distribution of raw materials and goods. For example, opportunities might arise from:
- Increased efficient by reducing energy use during the production of raw materials and/or the manufacture of food, beverage and other goods;
- Reduced costs due to carbon payments by adopting practices or technology to reduce carbon footprint;
- Government of private financial incentives for adoption low impact agriculture/forestry.
Note for financial services sector companies:
- Consider opportunities associated with products and services such as green bonds, green infrastructure, green loans/mortgages, green insurance products, products and services ensuring resiliency, specialty climate-related risk advisory services and others.
- You should consider providing a description of your opportunities by sector and/or geography, as appropriate.
Note for capital goods sector companies:
- In line with the TCFD’s recommendations, companies in this sector should consider opportunities for products or services that improve efficiency, reduce energy use and support closed-loop product solutions.
Explanation of terms
- Likelihood: The terms used to describe likelihood are taken from the Intergovernmental Panel on Climate Change’s (IPCC) 2013 reports. They are associated with probabilities, indicating the percentage likelihood of the event occurring. It is not necessary for respondents to have calculated probabilities for the risks they are considering, however they can give an indication as to the meaning of the terms:
- Virtually certain: 99–100% probability;
- Very likely: 90–100%;
- Likely: 66–100%;
- More likely than not: >50–100%;
- About as likely as not: 33–66%;
- Unlikely: 0–33%;
- Very unlikely: 0-10%;
- Exceptionally unlikely: 0–1%.
- Direct costs: Also known as “costs of goods or services sold”. These expenses can be attributed to the manufacture of a particular product or the provision of a particular service.
- Indirect (operating) costs: Refers to the essential expenses incurred in order to maintain the business including wages, rent, transport, energy (electricity, fuel, etc.), maintenance, and so on. These expenses cannot be attributed to the manufacture of a particular product or the provision of a particular service - they are standard costs that apply regardless of the volume of goods produced.
- Revenue: Income arising in the course of an entity’s ordinary activities (less returns, allowances and discounts) - before deducting costs for the goods/services sold and operating expenses to arrive at profit (based on the International Financial Reporting Standard)
- Access to capital: Cash flows from sources other than an organization’s sales and other revenues. It includes cash infusions from investors or securing lines of credit with banks and other lenders.
(C2.4b) Why do you not consider your organization to have climate-related opportunities?
Question dependencies
This question only appears if you select “No” or “Yes, we have identified opportunities but are unable to realize them” in response to C2.4.
Change from 2019
No change
Rationale
Investors and other data users are interested to know whether you are aware of climate-related opportunities. An explanation of why your organization has concluded that it is not exposed to opportunities is crucial for understanding your business strategy.
Response options
Please complete the following table:
Primary reason
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Please explain
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Select from:
- Opportunities exist, but we are unable to realize them
- Opportunities exist, but none with potential to have a substantive financial or strategic impact on business
- Evaluation in progress
- Judged to be unimportant
- No instruction from management to seek out opportunities
- Not yet evaluated
- Other, please specify
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Text field [maximum 2,500 characters]
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Requested content
Primary reason (column 1)
- Select the reason that best describes why you consider your organization to not be exposed to climate-related opportunities with the potential to have a substantive financial or strategic impact on your business.
Please explain (column 2)
- Please explain further why there are no climate-related opportunities for your company or, if they exist, why you are unable to realize them;
- If relevant to your selection in column 1, please:
- Make reference to how you identified opportunities;
- Include how you have defined ‘substantive’ impact in the context of an opportunity, and reference the definition of substantive impact you gave in C2.1b if applicable;
- Describe when you will next repeat an assessment of opportunities;
- Include specific reasons why you have not yet conducted an opportunity assessment/why it is considered unimportant for your business;
- Provide any other company-specific details such as your evaluation process.
C3 Business strategy
Module Overview
CDP data users are interested in organizations’ forward-looking strategies and financial decisions that are driven by climate-related future market opportunities, public policy objectives, and corporate responsibilities. This module allows organizations to disclose whether they have acted upon integrating climate-related issues into their business strategy. The module includes questions on scenario analysis and transition planning which are important evolutions in strategic environmental planning.
Given the importance of forward-looking assessments of climate-related risks and opportunities, scenario analysis is an important and useful tool for an organization to use, both for understanding strategic implications of climate-related risks and opportunities, and for informing stakeholders of how the organization is positioning itself in recognition of these issues. It also can aid investors, lenders, and insurance underwriters in informing their own financial decision making.
Transition planning is also an important evolution of strategic environmental planning, and includes all the relevant changes that need to be made to the company’s business model before the company can adjust to a low-carbon future. This is especially relevant for companies operating in high impact sectors.
Climate-related scenario analysis and transition planning disclosure was piloted by CDP in the Assessing Low-Carbon Transition (ACT) initiative in 2016. Further information on conducting and disclosing scenario analysis can be found in CDP Technical Note on Scenario Analysis.
Responses given in this module should be relevant to the reporting period, even if revisions have been made to your strategy between the reporting period and the time of submission of your CDP response. Where this is the case, you can include more up to date information in C-FI field at the end of the questionnaire. This will not be scored but will be available to the investors and customers (in the case of those responding on behalf of Supply Chain Members) that view your response.
Note for financial services sector companies:
- Financial services sector companies are asked to consider how climate-related risks and opportunities will affect business strategy in relation to their lending, financial intermediary, investment and/or insurance underwriting activities, in addition to operational activities.
Key changes
The module has been restructured to improve the flow of questions and remove repeating data requests.
- Two 2019 questions integrated: C2.5 and C2.6 that requested information on impacts of climate-related risks and opportunities on strategy and financial planning have been integrated into this module:
- Two 2019 questions merged: C2.5 and C3.1c have been merged into one question - C3.1d.
- Modified question: C3.1e is a modification of 2019 question C2.6.
- Two 2019 sector-specific questions removed: C-AC3.1b/C-CE3.1b/C-CH3.1b/C-CO3.1b/C-EU3.1b/C-FB3.1b/C-MM3.1b/C-OG3.1b/C-PF3.1b/C-ST3.1b/C-TO3.1b/C-TS3.1b and C-AC3.1e/C-CE3.1e/C-CH3.1e/C-CO3.1e/C-EU3.1e/C-FB3.1e/C-MM3.1e/C-OG3.1e/C-PF3.1e/C-ST3.1e/C-TO3.1e/C-TS3.1e.
- Click here for a list of all changes made this year.
For the financial services sector only:
- Six new questions: C-FS3.2, C-FS3.2a, C-FS3.2b, C-FS3.2c, C-FS3.3a, C-FS3.3b.
- New response options: C3.1e column 1.
Sector-specific content
Additional questions on low-carbon transition plan for the following high-impact sectors:
- Additional questions for FS sector companies.
Pathway diagram - questions
This diagram shows the general questions contained in module C3. To access question-level guidance, use the menu on the left to navigate to the question.
Pathway diagram - questions for minimum version questionnaire
This diagram shows the questions contained in module C3 that are included in the minimum version of the questionnaire. To access question-level guidance, use the menu on the left to navigate to the question.
Business strategy
(C3.1) Have climate-related risks and opportunities influenced your organization’s strategy and/or financial planning?
Change from 2019
Modified question
Rationale
Investors and data users are interested in forward-looking strategies and financial decisions that are driven by future market opportunities, public policy objectives, and corporate responsibilities. This and the following questions allow organizations to disclose whether they have acted upon integrating climate-related risks and opportunities into their business strategy. Developing a low-carbon transition plan could provide certainty to investors, and other stakeholders, that a company is aligning to the long-term climate goals and that its business model will continue to be relevant in a net-zero carbon economy.
Connection to other frameworks
TCFD
Strategy recommended disclosure b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning.
SDG
Goal 13: Climate action
Response options
Select one of the following options:
- Yes, and we have developed a low-carbon transition plan
- Yes
- No
Requested content
General
- You should answer “Yes, and we have developed a low-carbon transition plan” if you have developed a low-carbon transition plan - a plan on how to transition the company to a business model compatible with a net-zero carbon economy. See “Explanation of Terms” below for more details.
- You should answer “Yes” if climate-related risks and opportunities have already impacted your strategy or financial planning. As such, climate-related issues are part of the "top line growth" strategy of the company, rather than being dealt with solely at the operational level.
- You should answer “No” if climate-related risks and opportunities have had no influence on your company’s overall strategy for developing your business or your financial planning. You will have the opportunity to explain further in C3.1g.
Note for financial services sector companies:
- You should answer “Yes” when one of the following considerations have influenced your strategy and/or financial planning:
- The need to understand how climate-related risks and opportunities will impact your client relationships, financial products and services, investments and/or operations; and/or
- The need to provide financial flows to capitalize on opportunities presented by the transition to a low-carbon, climate-resilient future.
Explanation of terms
- Strategy: In line with the TCFD recommendations, refers to an organization’s desired future state. An organization’s strategy establishes a foundation against which it can monitor and measure its progress in reaching that desired state. Strategy formulation generally involves establishing the purpose and scope of the organization’s activities and the nature of its businesses, taking into account the risks and opportunities it faces and the environment in which it operates.
- Financial planning: In line with the TCFD recommendations, refers to an organization’s consideration of how it will achieve and fund its objectives and strategic goals. Financial planning allows organizations to assess future financial positions and determine how resources can be utilized in pursuit of short- and long-term objectives. As part of financial planning, organizations often create “financial plans” that outline the specific actions, assets, and resources (including capital) necessary to achieve these objectives over a 1- 5 year period. However, financial planning is broader than the development of a financial plan as it includes long-term capital allocation and other considerations that may extend beyond the typical 3-5 year financial plan (e.g., investment, research and development, manufacturing, and markets).
- Low-carbon transition plan: A plan on how to transition the company to a business model compatible with a net-zero carbon economy. The Oxford Martin Net Zero Carbon Investment Initiative proposes a set of principles to facilitate engagement between investors and companies on long-term climate strategies. According to these principles, companies should: (1) Commit to a timeframe to reach net-zero emissions in line with the Paris goals; (2) Demonstrate that they will be able to continue to be profitable once they reach net-zero emissions; and (3) Set quantitative mid-term targets to be able to demonstrate progress against their long-term goals.
The transition plan defines how the business model, its associated products and production methods, growth strategy and capital investments need to develop over time to respond to climate-related risks and to capitalize on opportunities. A transition plan is therefore a plan that outlines how a company will transition from where it is now to where it needs to get to in order to thrive in a net-zero carbon world in the future.
(C3.1a) Does your organization use climate-related scenario analysis to inform its strategy?
Question dependencies
This question only appears if you select “Yes, and we have developed a low-carbon transition plan” or "Yes" in response to C3.1.
Change from 2019
Minor change
Rationale
Your disclosure provides data users with an indication of the extent to which your company is considering a range of possible and probable futures when considering sustainability challenges and opportunities, in line with best practices in corporate environmental management.
Connection to other frameworks
TCFD
Strategy recommended disclosure c) Describe the resilience of the organization’s strategy, taking into consideration different climate related scenarios, including a 2°C or lower scenario.
SDG
Goal 13: Climate action
2018 RobecoSAM Corporate Sustainability Assessment (DJSI)
Scenario Analysis
Response options
Select one of the following options:
- Yes, qualitative
- Yes, quantitative
- Yes, qualitative and quantitative
- Yes, qualitative, but we plan to add quantitative in the next two years
- No, but we anticipate using qualitative and/or quantitative analysis in the next two years
- No, and we do not anticipate doing so in the next two years
Requested content
General
- Please state if your organization uses climate-related scenario analysis to inform its business strategy.
- If yes, what type of scenario analysis, and if no, please clarify if you anticipate using it as a tool in the future.
Explanation of terms
- Scenario analysis: A scenario describes a potential path of development that will lead to a particular outcome or goal. Scenario analysis is the process of highlighting central elements of a possible future and drawing attention to key factors (or critical uncertainties). It is a tool to enhance critical strategic thinking by challenging “business-as-usual” assumptions, and to explore alternatives based on their relative impact and likelihood of occurrence. Scenarios are not forecasts or predictions, but tools to describe potential pathways that lead to a particular outcome or goal.
- Qualitative scenarios: A high level, narrative approach to scenario analysis, suitable for organizations familiarizing themselves with the process. Qualitative scenario analysis explores relationships and trends for which little or no numerical data is available.
- Quantitative scenarios: A more detailed method for conducting scenario analysis, with greater rigor and sophistication in the use of data sets and quantitative models which may warrant further analysis. Quantitative scenario analysis can be used to assess measurable trends and relationships using models and other analytical techniques.
- 2°C or lower scenario: A core element of the TCFD’s Strategy recommendation c) “Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario”. A 2°C scenario provides a reference point that is generally aligned with the objectives of the Paris Agreement. There are publicly available scenarios (such as IEA 2DS, IEA 450, Deep Decarbonization Pathways Project, and International Renewable Energy Agency) organizations can use, as a direct tool, or a reference point for tailored scenarios.
- Publicly available 2°C scenarios: Taken from the TCFD recommendations, “Publicly available 2°C scenarios” refer to 2°C scenarios which are:
- used/referenced and issued by an independent body;
- wherever possible, supported by publicly available datasets;
- updated on a regular basis; and
- linked to functional tools (e.g., visualizers, calculators, and mapping tools) that can be applied by organizations.
Additional information
Industry examples of scenario analysis - Shell, BP, Mercer, BHP Billiton, BIER’s Future Scenarios Toolkit
(C3.1b) Provide details of your organization’s use of climate-related scenario analysis.
Question dependencies
This question only appears if you select “Yes, qualitative”, “Yes, quantitative”, “Yes, qualitative and quantitative” or “Yes, qualitative, but we plan to add quantitative in the next two years” in response to C3.1a.
Change from 2019
Minor change (2019 C3.1d); Modified guidance
Rationale
Scenario analysis as a planning tool has emerged as a recommended practice for businesses preparing for possible futures. Investors are interested in understanding how companies use this planning tool to guide climate-related strategy, and specifically which scenarios different organizations utilize in their planning process.
Connection to other frameworks
TCFD
Strategy recommended disclosure b) Describe the impact of climate-related risks and opportunities on the organization's businesses, strategy, and financial planning.
Strategy recommended disclosure c) Describe the resilience of the organization’s strategy, taking into consideration different climate related scenarios, including a 2°C or lower scenario.
SDG
Goal 13: Climate action
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Climate-related scenarios and models applied |
Details
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Select all that apply:
- 2DS
- IEA 450
- Greenpeace
- DDPP
- IRENA
- RCP 2.6
- RCP 4.5
- RCP 6
- RCP 8.5
- IEA B2DS
- IEA Sustainable development scenario
- IEA NPS
- IEA CPS
- BNEF NEO
- REMIND
- MESSAGE-GLOBIOM
- Nationally determined contributions (NDCs)
- Other, please specify
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Text field [maximum 4,000 characters]
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[Add Row]
Requested content
Climate-related scenarios and models applied (column 1)
- Select all the scenarios and models applied in your scenario analysis.
- Using a 2°C or lower scenario in addition to two or three other scenarios most relevant to your organization’s circumstances is recommended.
Details (column 2)
- Disclose your inputs, assumptions, analytical choices as well as any changes to the reference scenario(s) considered.
- Disclose the boundaries and time horizons applied.
- Provide a brief summary of the results of the scenario analysis and state whether they have directly influenced your strategy and financial planning. You will be requested to provide more details on impacts on strategy and financial planning in the subsequent questions.
Note for energy sectors:
- Focus in particular on why current investments in new reserves and/or assets are not particularly exposed to the risk of lower demand and stranded assets, how current capital expenditure is affected by any considerations you make with regards to future short-to-long term risk of stranded assets, and what probability/likelihood you assign to that risk. Please make reference to your organization’s energy outlook, how it is reflected in your business strategy, and the flexibility of that strategy to adjust to significant changes in the demand for your products.
Note for financial services sector companies:
- State if your organization uses climate-related scenario analysis to understand the impact of climate-related issues on lending, financial intermediary, investment and/or insurance underwriting activities, in addition to operational activities.
- Both physical and transition pathway risks should be considered in your scenario analysis.
- Banks:
- Banks are encouraged to select the “REMIND” and “MESSAGE-GLOBIOM” scenarios to describe their assessment of credit risk and opportunity, as performed by 16 banks of the UNEP FI working group to pilot the TCFD recommendations.
- Asset managers should consider describing how they use climate-related scenarios, for example to better understand how climate-related issues inform relevant products or investment strategies.
- Insurance companies that perform climate-related scenario analysis on their underwriting activities should provide the following information:
- Description of the climate-related scenarios used, including the critical input parameters, assumptions and considerations, and analytical choices;
- Information on the time frames used for the climate-related scenarios, including short-, medium-, and long-term milestone; and
- Companies with substantial exposure to weather-related perils should consider a greater than 2°C scenario to account for physical effects of climate change.
- As asset owners, insurance companies that perform scenario analysis should consider providing a discussion of how climate-related scenarios are used, such as to inform investments in specific assets.
Explanation of terms
- 2DS: IEA’s WEO (World Energy Outlook) 2DS scenario is built on a projected warming limit of 2°C and is part of a separate annual publication “Energy Technology Perspectives”, providing scenario analysis based on the development of lower carbon technology and its deployment in various sectors. The IEA ETP 2DS sets out an energy system development pathway and an emissions trajectory consistent with at least a 50% chance of limiting the average global temperature rise to 2°C. The IEA ETP 2DS sets the target of cutting CO2 emissions by almost 60% by 2050 (compared with 2013), followed by continued decline after 2050 until carbon neutrality is reached. The IEA ETP 2DS identifies changes that help ensure a secure and affordable energy system in the long run, while emphasizing that transforming the energy sector is vital, but not enough on its own.
- IEA 450: IEA’s WEO 450 scenario has been updated and now is expressed as realizing a 50% chance of limiting warming to a 2°C rise by 2100 (originally based upon a projected warming limit of 2°C through limiting the concentration of GHG’s to around 450ppm of CO2 equivalent), and offers steps by which that goal might be achieved. The IEA 450 scenario references many separate measures which are required to reduce energy-related emissions from 2015 to 2040, including stronger deployment of technologies that are familiar and available at a commercial scale today, delivering close to 60% of the emissions reductions. Technologies referenced include the building of significant additional nuclear capacity and rapid CCS expansion.
- Greenpeace: Refers to the Advanced Energy [R]evolution scenario. Based on Greenpeace’s basic Energy [R]evolution scenario, which includes significant efforts to exploit opportunities for energy efficiency, along with large-scale integration of renewables, biofuels, and hydrogen into the energy mix, the Advanced Energy [R]evolution scenario sets out an ambitions pathway towards a fully decarbonized energy system by 2050 through much stronger efforts to move energy towards a 100% renewable energy supply. Consumption pathways remain similar to the basic scenario, but faster introduction of technologies leads to complete decarbonization. The IEA’s WEO 2014 Current Policies Scenario serves as the reference point in the development of Greenpeace’s Advanced Energy Revolution scenario.
- DDPP: Deep Decarbonization Pathways Project (DDPP) framework is a collaboration between scientific research teams from leading research institutions in 16 of the world’s largest GHG emitting countries; and represents a clear and tangible understanding of what will be required for countries to reduce emissions, in alignment with the 2°C limit. The framework was developed sector by sector and over time, tailored for the physical infrastructure of the 16 countries, to provide decision makers with the technological and cost requirements of different options for meeting the country’s emissions reduction goal. Deep decarbonization pathways begin with a 2050 emissions target to determine the steps on how to get there.
- IRENA: IRENA’s REmap determines the potential for countries, regions and the world to scale up renewables in order to ensure an affordable and sustainable energy future. REmap assesses worldwide renewable energy potential assembled from the bottom-up, starting with country analyses – in collaboration with country experts, and then aggregating these results to arrive at a global picture. REmap accounts for renewable power technologies, but also considers technology options in heating, cooling and transport. In determining the potential to scale up renewables REmap focuses on possible technologies pathways and assesses numerous other metrics, including: technology, sector and system costs; investment needs; externalities relating to air pollution and climate; CO2 emissions; and economic indicators such as employment and economic growth. Based on these country driven results, REmap provides insights to policy and decision makers for areas in which action is needed.
- RCP 2.6: Representative Concentration Pathway (RCP) 2.6 is the IPCC’s low emissions scenario pathway. The RCP’s are time and space dependent trajectories of concentrations of GHGs and pollutants from human activities (including changes in land use). RCPs provide a quantitative description of atmospheric pollutants over time, as well as radiative forces in 2100. In RCP 2.6, radiative forcing peaks at 3.1 W/m2 before returning to 2.6 W/m2 by 2100, achieved through; a shift to renewable energy sources; CO2 remaining at today’s level until 2020, then decline and becoming negative in 2100; and CO2 concentrations peaking by 2050, followed by a modest decline to around 400 ppm by 2100.
- IEA B2DS: IEA’s Beyond 2°C Scenario (B2DS) sets out a rapid decarbonization pathway in line with international policy goals. The B2DS looks at how far known clean energy technologies could go if pushed to practical limits, in line with countries’ ambitious aspirations in the Paris Agreement. The energy sector reaches carbon neutrality by 2060 to limit future temperature increases to 1.75°C by 2100. This pathway implies that all available policy levers are activated throughout the outlook period in every sector worldwide, requiring unprecedented policy action as well as effort and engagement from all stakeholders.
- IEA NPS: IEA’s New Policies Scenario (NPS) incorporates existing energy policies as well as an assessment of the results likely to stem from the implementation of announced policy intentions.
- IEA CPS: IEA’s Current Policies Scenario (CPS) includes only existing energy policies. This default setting for the energy system is a benchmark against which the impact of “new” policies can be measured.
- BNEF NEO: Bloomberg New Energy Finance’s (BNEF) New Energy Outlook (NEO) focusses on the annual long-term economic analysis of the world’s power sector out to 2050. BNEF NEO places focus on technology that is driving change in markets and business models across the sector, such as solar, wind and battery technology. NEO includes price forecasts for coal, oil and gas around the world, and assesses the impact of the energy transition on fossil fuel demand and materials.
- REMIND: REMIND is a global multi-regional model incorporating the economy, the climate system and a detailed representation of the energy sector. It solves for an inter-temporal Pareto optimum in economic and energy investments in the model regions, fully accounting for interregional trade in goods, energy carriers and emissions allowances. REMIND allows for the analysis of technology options and policy proposals for climate mitigation.
- MESSAGE-GLOBIOM: The International Institute for Applied Systems Analysis (IIASA) integrated assessment models (IAMs) framework consists of a combination of five different models or modules - the energy model MESSAGE, the land use model GLOBIOM, the air pollution and GHG model GAINS, the aggregated macro-economic model MACRO and the simple climate model MAGICC - which complement each other and are specialized in different areas. All models and modules together build the IIASA IAM framework, also referred to as MESSAGE-GLOBIOM owing to the fact that the energy model MESSAGE and the land use model GLOBIOM are its most important components.
Additional information
Choice of scenarios
There is a wide range of forward-looking scenarios your company can choose from to inform your businesses, strategy, and/or financial planning. Many of these are 2°C scenarios, although there are of course scenarios which look at 4°C or higher, despite the Paris Agreement and intention to limit warming to 1.5°C.
Since the ratification of the Paris Agreement and the ratcheting mechanisms it contains, investors are urging companies not to select 4°C scenarios but ensure they use appropriate 2°C scenarios. These include IEA 2DS, IEA 450, DDPP, and IRENA.
IEA Energy Technology Perspectives (ETP)
International Energy Agency (IEA)’s comprehensive publication on energy technology focuses on the opportunities and challenges of scaling and accelerating the deployment of clean energy technologies. Additional information on this publication can be found here.
Critical uncertainties
Identified using a process of scaling potential impacts and uncertainties, those meeting high for both impact and uncertainty should be considered ‘critical uncertainties’ and the basis for the development of scenarios. A common process for identifying critical uncertainties is the development of an impact/uncertainty grid. Further information on critical uncertainties can be found in CDP’s technical note on Scenario Analysis.
(C3.1c) Why does your organization not use climate-related scenario analysis to inform its strategy?
Question dependencies
This question only appears if you select “No, but we anticipate using qualitative and/or quantitative analysis in the next two years” or “No, and we do not anticipate doing so in the next two years” in response to C3.1a.
Change from 2019
Minor change (2019 C3.1g)
Rationale
Companies not using climate-related scenario analysis to inform their business strategies are not in line with recommended practices in corporate climate governance. Answers to this question will provide investors with more transparency into companies’ decision-making processes regarding climate planning and strategy setting.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Your answer should be company-specific and include:
- Why climate-related scenario analysis is not used to inform your business strategy, and;
- Whether you expect it to be used in the future.
(C3.1d) Describe where and how climate-related risks and opportunities have influenced your strategy.
Question dependencies
This question only appears if you select “Yes, and we have developed a low-carbon transition plan” or “Yes” in response to C3.1
Change from 2019
Modified question (2019 C2.5, C3.1c)
Rationale
Investors and data users are interested to know how climate-related risks and opportunities may have affected organizations’ strategies. Answers to this question may be used to inform expectations about the future performance of an organization and on how resilient its strategy is to climate-related risks and opportunities.
Connection to other frameworks
TCFD
Strategy recommended disclosure b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning.
SDG
Goal 12: Responsible consumption and production
Goal 13: Climate action
Response options
Please complete the following table:
Business area
|
Have climate-related risks and opportunities influenced your strategy in this area?
|
Description of influence
|
Products and services
|
Select from:
- Yes
- No
- Evaluation in progress
- Not evaluated
|
Text field [maximum 2,400 characters]
|
Supply chain and/or value chain
|
|
|
Investment in R&D
|
|
|
Operations
|
|
|
Requested content
General
- Each row in the table corresponds to a possible area of impact in a company’s business. For each row, select how climate-related risks and opportunities have affected your strategy in this area.
- This question is intended to focus on the group business strategy – meaning the full corporate body on which you are reporting. However, if it is more appropriate, you may wish to comment on divisional (business unit) strategies. If you are responding to the request from a supply chain member, please also include information specific to your requesting member, i.e. relevant business units.
Description of influence (column 3)
- Describe how your strategy in this area has been influenced by climate-related risks and opportunities and the time horizon(s) it covers;
- Specify if this includes any climate change adaptation and mitigation activities.
- Include the most substantial strategic decision(s) in this area to date that have been influenced by the climate-related risks and opportunities;
- If a certain strategic decision was informed by the climate-related scenario analysis, please specify that.
- If your strategy in this area has not been influenced by climate-related risks and opportunities, explain why not.
- If the evaluation of influence is still in progress, include a company-specific description of the evaluation process used, and when it is expected to be completed.
Note for oil & gas companies, electric utilities, automotive and automotive component manufacturers, and companies with coal reserves:
- Please refer to the sector specific guidance for the risks and opportunities questions before answering this question.
- The guidance contains a number of issues that investors want these sectors to consider in answering the risks and opportunities questions and you may wish to draw together some of these issues in your answers to questions on the integration of climate change into business strategy.
- Please provide a complete answer to these questions on business strategy in the input fields provided. Do not cross-refer to the risks and opportunities answers in your response to this question.
Note for oil & gas sector companies:
- Discuss, if relevant, your methodology for the integration of regulatory and physical climate change risks into the company strategy, investment decisions and risk management, including the assumptions used.
- Where possible, provide illustrative examples of the assumptions made in specific investment decisions.
- You should also discuss - again if relevant - the diversification of your portfolio into lower-carbon and non-fossil fuel products (e.g. natural gas, biofuels, renewable energy) and strategy for development of carbon capture and sequestration technology, including technology areas of focus, and distinctive areas of strength your company believes it holds.
- Please give the methodology used for the integration of future carbon prices into your hydrocarbon exploration strategy and investment decisions, with the assumptions used. Where possible, provide illustrative examples of the assumptions made in specific investment decisions.
Note for electric utility sector companies:
- Discuss any work to incorporate renewable energy, carbon capture & sequestration, cleaner coal technologies and energy storage into your strategy.
Note for transport OEMs sector companies:
- Discuss the impact on your strategy for your products at group level and, where relevant, for specific markets, including any related targets for GHG emissions performance (expressed as gCO2e/unit distance) and include a reference to any regulatory drivers and the baseline against which performance is measured.
- Discuss expansion into hybrid/fully electric vehicles and fuel cell technology, if relevant.
Note for companies with coal reserves:
Note for financial services companies:
- The climate-related risks and opportunities to be considered in this question refer to lending, financial intermediary, investment and/or insurance underwriting activities of your organization, in addition to your operational activities.
- Banks:
- Describe the potential impacts of climate-related risks and opportunities on your core businesses, products and services, including:
- Information at the business division, sector or geography, credit quality and average tenor levels;
- Describe the potential impacts of climate-related risks and opportunities on your core businesses, products and services, including:
- Information at the business division, sector or geography levels;
- As asset owners, insurance companies should describe how climate-related risks and opportunities are factored into relevant investment strategies – in the business’ value chain. This could be described from the perspective of the total fund or investment strategy or individual investment strategies for various asset classes.
- Under” Supply chain and/or value chain” describe how climate-related risks and opportunities are factored into your investment strategies and investee selection.
- Also describe how each product or investment strategy may be affected by the transition to a lower-carbon economy.
Explanation of terms
Note for financial services sector companies:
- Products and services: All products and services in the organization’s lending, investing and insurance underwriting business as well as other products and services including financial intermediary activities that are not part of core financing activities such as financial guarantees, M&A, securities underwriting, bond issuance, etc.
- Therefore, if climate-related risks and opportunities influenced your bank lending or insurance underwriting strategy, you should select “Yes” or “Yes, for some” as appropriate for “Products and services”.
Example response
Business area
|
Have climate-related risks and opportunities influenced your strategy in this area?
|
Description of influence
|
Products and services
|
Yes
|
Risks and opportunities related to the growing demand from customers for transparency, naturality, and food and drinks with low carbon footprint, (as reported in C2.3a Risk 6 and C2.4a Opportunity 8) have influenced our product-related strategy and product portfolio. In June 2019, our Board of Directors made a Global Transparency and Sustainability Pledge, committing to increasing the share of plant-based products in the portfolio, using more natural ingredients in our flagship brands such as Pantheon Peanut Butter, Red Rose Beetroot Paste, Gracious Hummus and increasing transparency on our packaging (e.g. disclosure of the presence of any synthetic or GMO ingredients on product labels). This gives consumers a greater variety of products and improved ability to choose them, while providing a high-quality product offering, benefiting the producers as well as preserving natural resources, promoting biodiversity, improving soil health and water quality, and reducing carbon emissions. We aim to have implemented changes to our products and packaging in line with the pledge by December 2020, prioritizing our consumer base in North America and Europe.
|
Supply chain and/or value chain
|
Evaluation in progress
|
Since we source 80% of our raw materials from drought-prone India and severe water stress is increasing every year, we have started placing more emphasis on conducting risk assessments for extreme weather events. In December 2019, the Board decided to employ a team of external consultants to work on developing a supply chain transparency tool. This tool will allow us to gather important information about our supply network (including sub-tier suppliers), so that we can better assess our vulnerability to natural disasters and other risks across our global supply chain. The supply chain transparency tool is expected to be fully functional by September 2020 and will be central in informing our supply chain strategy going forward.
|
Investment in R&D
|
No
|
Climate-related risks and opportunities have not yet influenced our R&D investment strategy, as we are initially focused on evaluating the risks and opportunities relating to our operations, supply chain and existing products and services, ensuring our business strategy is aligned in accordance with these. We expect to begin evaluating the impact of risks and opportunities on our R&D expenditures in 2020.
|
Operations
|
Yes
|
National and sub-national jurisdictions that account for about half of the global economy now have carbon pricing systems (as disclosed in C2.3a Risk 2). This trend is on the rise and could result in increased operational costs for our company. For example, a carbon price of €32/ton would increase our operational costs to €25.1m in Europe. This has led to our Board's strategic decision to join RE100 and commit to transition to 100% renewable electricity by 2030, with an intermediary step of 40% by 2022. In 2019, 38 of our production sites in Europe ran on 100% renewable energy and we purchased 37% of our total electricity from renewable sources such as wind farms and hydropower plants (compared with 22% in 2018). As part of this strategy, all our new plants will have renewable power generation facilities on site.
|
(C3.1e) Describe where and how climate-related risks and opportunities have influenced your financial planning.
Question dependencies
This question only appears if you select “Yes, and we have developed a low-carbon transition plan” or “Yes” in response to C3.1.
Change from 2019
Modified question (2019 C2.6)
Rationale
This question is seeking to understand where the identified risks and opportunities may have influenced your financial statements, and how this has been incorporated into your financial planning process.
Connection to other frameworks
TCFD
Strategy recommended disclosure b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning.
Response options
Please complete the following table:
Financial planning elements that have been influenced
|
Description of influence |
Select all that apply:
- Revenues
- Direct costs
- Indirect costs
- Capital expenditures
- Capital allocation
- Acquisitions and divestments
- Access to capital
- Assets
- Liabilities
- Provisions or general reserves [Financial services only]
- Claims reserves [Financial services only]
- None of the above
|
Text field [maximum 7,000 characters]
|
Requested content
General
- Climate-related issues can affect several important aspects of an organization’s financial position, both now and in the future. For example, climate-related issues may have implications for an organization’s capital expenditures. In turn, capital expenditures will determine the nature and amount of fixed assets, how these depreciate over time and the proportion of debt and equity to be funded on an organization’s balance sheet. Climate-related issues may also carry implications for future cash flows (operating, investing, and financing activities). This question seeks to establish whether climate-related issues have already had implications on your financial planning.
Description of influence (column 2)
- Provide details on how climate-related risks and opportunities have influenced the selected elements of your financial planning. Including a case study for at least one of the elements selected.
- Specify the time horizons this planning covers.
- If you selected “None of the above”, explain if there is another element of financial planning that has been influenced; or why climate-related risks and opportunities have not yet influenced your financial planning.
Note for financial services sector companies:
The climate-related risks and opportunities to be considered in this question refer to lending, financial intermediary, investment and/or insurance underwriting activities of your organization, in addition to your operational activities.
- Describe the potential financial impacts of the identified climate-related risks and opportunities on your core businesses, products and services. For example, you may do this by translating climate risk data into probability of default, total committed exposure and/or exposure at default.
- Describe the potential financial impacts of climate-related risks and opportunities on your core businesses, products and services. For example, you may do this by translating climate risk data into probability of default and/or exposure at default.
- As asset owners, insurance companies should describe how climate-related risks and opportunities may affect the financial returns of investment strategies. This could be described from the perspective of the total fund or investment strategy or individual investment strategies for various asset classes.
- Where appropriate, describe how climate-related risks and opportunities may affect the financial returns of relevant products or investment strategies.
- Asset managers should also describe how each product or investment strategy might be affected by the transition to a lower-carbon economy.
Explanation of terms
- Financial planning: in line with the TCFD recommendations, refers to an organization’s consideration of how it will achieve and fund its objectives and strategic goals. Financial planning allows organizations to assess future financial positions and determine how resources can be utilized in pursuit of short- and long-term objectives. As part of financial planning, organizations often create “financial plans” that outline the specific actions, assets, and resources (including capital) necessary to achieve these objectives over a 1- 5 year period. However, financial planning is broader than the development of a financial plan as it includes long-term capital allocation and other considerations that may extend beyond the typical 3-5 year financial plan (e.g., investment, research and development, manufacturing, and markets).
- Revenue: Income arising in the course of an entity’s ordinary activities (less returns, allowances and discounts) - before deducting costs for the goods/services sold and operating expenses to arrive at profit (based on the International Financial Reporting Standard)
- Direct costs: Also known as “costs of goods or services sold”. These expenses can be attributed to the manufacture of a particular product or the provision of a particular service.
- Indirect costs: Also known as 'operating cost' or 'overheads'. This generally refers to the essential expenses incurred in order to maintain the business including wages, rent, transport, energy (electricity, fuel, etc.), maintenance, and so on. These expenses cannot be attributed to the manufacture of a particular product or the provision of a particular service - they are standard costs that apply regardless of the volume of goods produced.
- Capital allocation: refers to distributing and investing a company's financial resources in ways that will increase its efficiency, and maximize its profits. Some options for allocating capital could include returning cash to shareholders via dividends, repurchasing shares of stock, issuing a special dividend, or increasing a research and development (R&D) budget. Alternatively, the company may opt to invest in growth initiatives, which could include acquisitions and organic growth expenditures.
- Capital expenditure: Capital expenditure is a measure of the value of purchases of fixed assets such as property, buildings, an industrial plant, technology, or equipment. Put differently, CapEx is any type of expense that a company capitalizes, or shows on its balance sheet as an investment, rather than on its income statement as an expenditure.
- Acquisition: Obtaining ownership and control by one firm, in whole or in part, of another firm or business entity.
- Divestment: A process for selling assets for financial, environmental, political or social goals. In the progression to a low-carbon economy, organizations are recognizing climate-related transition and physical risks posed to minimize exposure to stranded assets (assets that have suffered unanticipated or premature write-downs, devaluations or conversion to liabilities).
- Access to capital: Cash flows from sources other than an organization’s sales and other revenues. It includes cash infusions from investors or securing lines of credit with banks and other lenders.
- Assets: Entities functioning as stores of value and over which ownership rights are enforced by institutional units, individually or collectively, and from which economic benefits may be derived by their owners by holding them, or using them, over a period of time (the economic benefits consist of primary incomes derived from the use of the asset and the value, including possible holding gains/losses, that could be realized by disposing of the asset or terminating it).
- Liabilities: An obligation which requires one unit (the debtor) to make a payment or a series of payments to the other unit (the creditor) in certain circumstances specified in a contract between them.
- Provisions or general reserves [Financial services only]: Balance sheet items representing funds set aside by the organization as assets to pay for anticipated future losses. For banks, a general provision is considered to be supplementary capital under the first Basel Accord.
- Claims reserves [Financial services only]: Balance sheet reserve specifically set aside by insurance companies to pay policyholders who have filed or are expected to file legitimate claims on their policies. Consider both reported but not settles (RBNS) and incurred but not reported (IBNR) reserves.
Example Response
Financial planning elements that have been influenced
|
Description of influence
|
Capital expenditures
|
In 2017 our organization introduced an internal price on carbon into our capital expenditures approval process, with the aim to redirect investments towards clean technologies, lower-carbon solutions, and renewable energy projects across our operations and supply chain. We conducted a benchmark study and decided to set the price at a relatively high level, 36€/tCO2e, to internalize the potential future cost of carbon in the long term. Returns on investments are assessed with the impact of the carbon implication. This enables management to arbitrate between different options and to choose the most virtuous and efficient ones in order to achieve our organization’s strategic goals. This is a long-term measure, and the price will be periodically reviewed and updated. As a direct result of this implemented internal price on carbon we have approved a project of installing solar panels in our factories in Spain that will reduce our demand for purchased energy by 30% in the next 5 years.
|
(C3.1f) Provide any additional information on how climate-related risks and opportunities have influenced your strategy and financial planning (optional).
Question dependencies
This question only appears if you select “Yes, and we have developed a low-carbon transition plan” or ”Yes” in response to C3.1.
Change from 2019
Modified question (2019 C3.1c)
Rationale
Investors and data users are interested to know how climate-related risks and opportunities may have affected organizations’ strategies and financial planning.
Connection to other frameworks
TCFD
Strategy recommended disclosure b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning.
Response options
This is an open text question with a limit of 7,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- If you wish, you may provide a description of your business strategy for additional context.
- You may wish to supplement your responses to previous questions with a holistic picture of the interdependencies among the climate-related risks and opportunities that affect your organization’s ability to create value over time.
(C3.1g) Why have climate-related risks and opportunities not influenced your strategy and/or financial planning?
Question dependencies
This question only appears if you select “No” in response to C3.1.
Change from 2019
Minor change (2019 C3.1f)
Rationale
As a comprehensive business strategy which incorporates climate-related risks and opportunities is best practice and key to successfully managing these issues, investors are keen to learn why some companies do not integrate climate change and its related effects/components into the overarching business strategy. Understanding why organizations are not in line with best practice will enable investors to evaluate those organizations’ overall approach and potential resilience to climate change.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Your answer should be company-specific and include:
- Why climate-related risks and opportunities have not influenced your business strategy and/or financial planning, and;
- Whether you expect them to in the future. For example, climate change may have little effect on your business because of the nature of your goods/services. In that case, please give as complete an explanation as possible.
Note for oil and gas sector companies:
- Discuss, if relevant, your methodology for the integration of regulatory and physical climate change risks into the company strategy, investment decisions and risk management, including the assumptions used.
- Where possible, provide illustrative examples of the assumptions made in specific investment decisions. You should also discuss - again if relevant - the diversification of your portfolio into lower-carbon and non-fossil fuel products (e.g. natural gas, biofuels, renewable energy) and strategy for development of carbon capture and sequestration technology, including technology areas of focus, and distinctive areas of strength your company believes it holds.
- Please give the methodology used for the integration of future carbon prices into your hydrocarbon exploration strategy and investment decisions, with the assumptions used. Where possible, provide illustrative examples of the assumptions made in specific investment decisions.
Note for electric utility sector companies:
- Please discuss any work to incorporate renewable energy, carbon capture & sequestration, cleaner coal technologies and energy storage into their strategy.
Note for transport OEMs sector companies:
- Discuss the impact on your strategy for your products at group level and, where relevant, for specific markets, including any related targets for GHG emissions performance (expressed as gCO2e/unit distance) and include a reference to any regulatory drivers and the baseline against which performance is measured.
- Discuss expansion into hybrid/fully electric vehicles and fuel cell technology, if relevant.
Business strategy: Financial services
(C-FS3.2) Are climate-related issues considered in the policy framework of your organization?
Change from 2019
New question
Rationale
Considering climate-related issues in an organization’s policy framework is an important element of business strategy and a signal of how deeply climate-related issues are embedded in an organization’s processes. For these reasons, data users are interested in understanding whether organizations in the financial sector have integrated climate-related issues into their existing financial activity policy frameworks and whether they have implemented any climate-related exclusion policies.
Response options
Select one of the following options:
- Yes, climate-related issues are integrated into our general policy framework that relates to our financing activities
- Yes, we have exclusion policies for industries and/or activities exposed or contributing to climate-related risks
- Yes, both of the above
- No, but we plan to consider climate-related issues in our policy framework in the next two years
- No
Requested content
General
- Indicate whether you consider climate-related issues in the policy framework of your organization and whether this is related to:
-Existing financing policy frameworks, or
-Exclusion policies based on climate-related issues.
- Subsequent questions ask for more details on these policies
Explanation of terms
- Policy framework: Policies that set out a set of procedures or goals that guide an organization’s decision-making processes in relation to its financing activities. Examples of such policies could include credit policy, risk policy, investment, underwriting policy, etc.
- Exclusion policy: A provision that eliminates bank lending and/or insurance underwriting coverage for certain industries and/or activities based on specific criteria. For investors, it means the exclusion of certain industries/activities from investment portfolios. Exclusion policies may be framed in the context of a financial sector organization’s negative screening processes.
(C-FS3.2a) In which policies are climate-related issues integrated?
Question dependencies
- This question only appears if you select "Yes, climate-related issues are integrated into our general policy framework that relates to our financing activities" or “Yes, both of the above” in response to C-FS3.2.
- Rows in this question will be presented according to the organizational activities reported in C-FS0.7. The "Other products and services, please specify" row will always appear.
Change from 2019
New question
Rationale
To help manage climate
related risks, organizations should integrate climate-related issues into
existing policy frameworks. These policies may apply across the organization
and may be based on sectors, geographies, business lines, asset classes or
other. Although the wave of climate-related policies and regulations is
growing, their implementation varies across organizations. This question helps
data users understand which corporate policies integrate climate-related issues,
and what proportion of a financial services sector company’s portfolio is
covered by the policy.
Response options
Please complete the following table:
Portfolio
|
Type of policy
|
Portfolio coverage of policy
|
Description |
Bank lending (Bank)
|
Select all that apply: Bank Lending:
- Credit/lending policy
- Risk policy
- Underwriting policy
- Policy related to other products and services
- Engagement policy
- Other, please specify
Investing:
- Credit policy
- Risk policy
- Sustainable/Responsible Investment Policy
- Investment policy/strategy
- Underwriting policy
- Policy related to other products and services
- Proxy voting policy
- Engagement policy
- Other, please specify
Insurance underwriting:
- Credit policy
- Risk policy
- Investment policy/strategy
- Insurance underwriting policy
- Policy related to other products and services
- Proxy voting policy
- Engagement policy
- Other, please specify
Other products and services:
|
Select from:
- All of the portfolio
- Majority of the portfolio
- Minority of the portfolio
- Unknown
|
Text field [maximum 5,000 characters]
|
Investing (Asset manager)
|
|
|
|
Investing (Asset owner)
|
|
|
|
Insurance underwriting (Insurance company)
|
|
|
|
Other products and services, please specify
|
|
|
|
Requested content
Portfolio coverage of policy (column 3)
- Select the coverage of your portfolio based on the portfolio value this policy applies to. Coverage by portfolio value can be based on either total or outstanding commitments, premiums, committed capital and/or other.
- Select “All of the portfolio” if the policy covers a 100% of your portfolio.
- Select “Majority of the portfolio” if the policy covers more than 50% of your portfolio.
- Select “Minority of the portfolio” if the policy covers less than 50% of your portfolio.
Description (column 4)
- Provide a brief description of the policies that embed climate-related issues, including whether the policy is publicly available. Examples of this include embedding climate-related transition risks into everyday credit risk assessment and management or implementing ESG/climate-related metrics in responsible investment policies.
- Explain how the coverage has been determined and whether you consider it to be substantive to your organization.
- If you select "Other products and services, please specify" in column 1, specify what products/services these are.
Explanation of terms
- Portfolio: In the context of this questionnaire your portfolio is your entire collection of your core financing activities - loans, investments and insurance policies- that you offer. For bank lending, this is the entire collection of products and loans held on your balance sheet for which you own the receivable stream. For asset managers, this is the entire collection of your products and investments that you hold and/or manage on behalf of your clients. For asset owners, this is the entire collection of products, funds and investments owned and controlled by your company. For investment portfolios, asset managers should consider discretionary investments, those where the company has discretion over investment decision. For insurance underwriting, this is the entire collection of products and insurance policies you provide to your clients.
- Other products and services: Also referred to as other financial intermediary activities, this includes products and services that are not part of your core lending, investment and insurance underwriting activities. Some examples of such products and services may be financial guarantees, M&A, securities underwriting, bond issuance, etc.
(C-FS3.2b) Describe your exclusion policies related to industries and/or activities exposed or contributing to climate-related risks.
Question dependencies
This question only appears if you select "Yes, we have exclusion policies for industries and/or activities exposed or contributing to climate-related risks” or "Yes, both of the above" in response to C-FS3.2.
Change from 2019
New question
Rationale
Exclusion policies are an
element of financial sector companies’ negative screening processes to reduce
portfolio exposure to climate-vulnerable projects and/or investments, and to implement
climate-related commitments. Data users are interested
in understanding the types of climate-related policy exclusions and
the impact these exclusions have had or will have on the organizations’ exposure.
Response options
Please complete the following table:
Type of exclusion policy
|
Portfolio
|
Application
|
Description
|
Select from:
- All fossil fuels
- Coal
- Oil & gas
- Other, please specify
|
Select all that apply:
- Bank lending
- Insurance underwriting
- Investing (Asset manager)
- Investing (Asset owner)
- Other products and services, please specify
|
Select from:
- New business/investment for new projects
- New business/investment for existing projects
- Existing business/investment for existing projects
- Other, please specify
|
Text field [maximum 2,500 characters]
|
[Add row]
Requested content
Type of exclusion policy (column 1)
- If the type of climate-related exclusion policy you have in place is not listed, select “Other” and specify what type of policy this is. You are able to add types of exclusion policies using the “Add Row” button.
Portfolio (column 2)
- Indicate which portfolios the exclusion policy applies to.
Application (column 3)
- Indicate what type of projects and/or investments the policy applies to, whether it’s for new or existing projects.
Description (column 4)
- State whether the exclusion policy has already been implemented and provide the year of implementation. If not, state when the exclusion policy is going to be implemented.
- Describe the exclusion threshold (industry classification, company exposure, revenue, production, or other), the asset classes/product types/business division the policy applies to, as well as the impact the policy has had on your exposure to the subject of the policy.
- The impact on exposure may be expressed as the change
in the proportion of your portfolio exposed to the subject of the policy from
the baseline (year of implementation). If the policy is to be implemented in
the future, tell us if you have any exposure reduction or other targets to
measure the effectiveness of the policy.
Explanation of terms
- Exclusion policy: A provision that eliminates bank lending and/or insurance underwriting coverage for a certain type of projects and/or companies based on a specific criterion. For investors, it means the exclusion of certain businesses from investment portfolios. Exclusion policies may be framed in the context of a financial sector company’s negative screening processes.
- Portfolio: In the context of this questionnaire your portfolio is your entire collection of your core financing activities - loans, investments and insurance policies- that you offer. For bank lending, this is the entire collection of products and loans held on your balance sheet for which you own the receivable stream. For asset managers, this is the entire collection of your products and investments that you hold and/or manage on behalf of your clients. For asset owners, this is the entire collection of products, funds and investments owned and controlled by your company. For investment portfolios, asset managers should consider discretionary investments, those where the company has discretion over investment decision. For insurance underwriting, this is the entire collection of products and insurance policies you provide to your clients.
- Other products and services: Also referred to as other financial intermediary activities, this includes products and services that are not part of your core lending, investment and insurance underwriting activities. Some examples of such products and services may be financial guarantees, M&A, securities underwriting, bond issuance, etc.
(C-FS3.2c) Why are climate-related issues not considered in the policy framework of your organization?
Question dependencies
This question only appears if you select "No" or "No, but we plan to consider climate-related issues in our policy framework in the next two years" in C-FS3.2.
Change from 2019
New question
Rationale
Considering climate-related issues in an organization’s policy framework is an important element of business strategy and a signal of how deeply climate-related issues are embedded in an organization’s processes. For these reasons, data users are interested in understanding the reasons why organizations in the financial sector have not integrated climate-related issues into their existing financial activity policy frameworks and why they have not implemented any climate-related exclusion policies.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
Your response should be company-specific and include:
- Why climate-related issues are not considered in the policy framework of your organization, and
- A description of any plans for such policies in the future.
(C-FS3.3) Are climate-related issues factored into your external asset manager selection process?
Question dependencies
This question only appears
if you selected “Investing (Asset Manager)” and/or “Investing (Asset Owner)” in
response to C-FS0.7.
Change from 2019
New question
Rationale
Asset owners should focus on assessing and managing climate-related issues within their investment portfolios, whether the portfolio is managed internally or externally.
For asset owners and managers working with external funds, factoring climate-related issues into the selection of external asset managers ensures that the investment strategies and objectives with regard to climate-related issues are aligned with the organization’s business strategy. For this reason, asset owners and managers are advised to consider climate-related issues in their screening and selection of external asset managers, if applicable.
Connection to other frameworks
TCFD
Strategy b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning.
AODP
Response options
Select one of the following options:
- Yes, for all assets managed externally
- Yes, for some assets managed externally
- No, for none of our externally managed assets
- Not applicable, because we don't have externally managed assets
Requested content
General
State whether your organization factors climate-related issues into any of your external asset manager selection processes, if applicable.
Explanation of terms
- External asset manager: Wealth or investment manager that works independently from the reporting organization in the financial sector.
(C-FS3.3a) How are climate-related issues factored into your external asset manager selection process?
Question dependencies
This question only appears
if you select “Yes, for all assets managed externally” or “Yes, for some assets
managed externally” in response to question C-FS3.3.
Change from 2019
New question
Rationale
Asset owners are advised to consider climate-related issues in their screening and selection of external asset managers. External asset managers should be able to demonstrate a robust track-record showing capacity to assess and address climate-related issues in an investment portfolio and portfolio strategy.
Connection to other frameworks
TCFD
Strategy b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning.
AODP
Response options
Please complete the following table:
Process for factoring climate-related issues into external asset management selection
|
Comment
|
Select all that apply:
- Review asset manager's climate-related policies
- Preference for asset managers with an offering of low-carbon products
- Preference for asset managers with an offering of climate-resilient products
- Assessment of asset manager's climate-related performance (e.g. active ownership, proxy voting records, under-weighting in high impact activities)
- Use of external data on asset managers regarding climate-related risk management
- Other, please specify
|
Text field [maximum 2,500 characters]
|
Requested content
Process for factoring climate-related issues into external asset management selection
- Select the option that best describes how you factor climate-related issues into your process for selecting external asset managers. You can expand further in the optional "Comment" column.
Comment (optional)
- Provide any details that would help data users understand your selection in column 1.
Explanation of terms
- External asset manager: Wealth or investment manager that works independently from the reporting financial institution.
- Products: Portfolios, funds that asset managers offer/invest in.
- Low-carbon products: Investment products focused on reducing exposure to emissions-intensive investments.
- Climate-resilient products: Investment products focused on increasing exposure to investments resilient to transition and/or physical risks of climate change, or supporting mitigation and adaptation activities/efforts.
(C-FS3.3b) Why are climate-related issues not factored into your external asset manager selection process?
Question dependencies
This question only appears
if you select “No, for none of our externally managed assets” in response to C-FS3.3.
Change from 2019
New question
Rationale
Asset owners are advised to consider climate-related issues in their screening and selection of external asset managers.
External asset managers should be able to demonstrate a robust track-record showing capacity to assess and address climate-related issues in an investment portfolio and portfolio strategy.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Your answer should be company-specific and include:
- Why climate-related issues are not factored into your external asset manager selection process, and;
- A description of any plans to factor climate-related issues in external asset manager selection in the future.
C4 Targets and performance
Module Overview
Questions in this module focus on emissions and low-carbon energy targets, additional climate-related targets, details on emission reduction initiatives and low-carbon products.
Target setting provides direction and structure to environmental strategy. Providing information on quantitative targets and qualitative goals, and progress made against these targets, can demonstrate your organization’s commitment to improving climate-related issues management at a corporate level. This information is relevant to investors’ understanding of how your company is addressing and monitoring progress regarding the risks and opportunities disclosed.
Questions on emission reduction initiatives allow CDP data users to understand the organization’s commitment to reducing emissions beyond business-as-usual scenario.
Questions on low-carbon products provide valuable information to investors who are seeking to increase their investment in companies providing low-carbon and climate resilient goods and services.
Note for agricultural sectors:
The ‘Land management practices’ section includes questions around both adaptation and mitigation mechanisms adopted by companies to address climate change. This information demonstrates that organizations are committed to using practices that help reducing emissions and improve their resilience. Organizations can report up to 20 practices adopted on their land. Those practices that have brought or are expected to bring the largest benefits should be prioritized.
Key changes
- Two new questions: C4.2 and C4.2a:
- C4.2 to lead the separation of low-carbon energy targets from other climate-related targets, and to improve the question flow for reporting methane reduction targets for the oil & gas and coal sectors.
- C4.2a - low-carbon energy consumption and production targets split out from 2019 question C4.2.
- Modified questions: C4.1a, C4.1b, C4.2b – new column “Target coverage”, columns revised for alignment, and an auto-calculation function added for some columns.
- New response options: C4.2b (2019 C4.2) column 5.
- Revised response options: C4.3b column 1.
- Click here for a list of all changes made this year.
For the financial services sector only:
- Modified question: C4.5a - new columns and a new response option in column 4.
Sector-specific content
Additional questions on targets, initiatives, and best available techniques for the following high-impact sectors:
- Agricultural commodities
- Cement
- Coal
- Electric utilities
- Food, beverage & tobacco
- Oil & gas
- Paper and forestry
- Steel
Pathway diagram - questions
This diagram shows the general questions contained in module C4. To access question-level guidance, use the menu on the left to navigate to the question.
Pathway diagram - questions for minimum version questionnaire
This diagram shows the questions contained in module C4 that are included in the minimum version of the questionnaire. To access question-level guidance, use the menu on the left to navigate to the question.
Emissions targets
(C4.1) Did you have an emissions target that was active in the reporting year?
Change from 2019
No change
Rationale
Target setting provides direction and structure to environmental strategy. CDP data users want to understand companies' commitments to reducing emissions and whether the organization has a goal towards which they are harmonizing and focusing emissions-related efforts.
Connection to other frameworks
TCFD
Metrics & Targets recommended disclosure c) Describe the targets used by the organization to manage climate related risks and opportunities and performance against targets.
SDG
Goal 7: Affordable and clean energy
Goal 12: Responsible consumption and production
Response options
Select one of the following options:
- Absolute target
- Intensity target
- Both absolute and intensity targets
- No target
Requested content
General
- Targets that are based on a future “business as usual” year are not equivalent to emissions reduction targets and therefore should not be reported here. Acceptable targets must determine emissions reductions through comparison to a set base year in the past, not to a projected “business as usual” emissions figure in the future.
- You have an “active target” if the target ends in or after the reporting year and the target is to reduce absolute emissions or emissions intensity.
- Absolute target: an absolute target describes a reduction in actual emissions in a future year when compared to a base year. The target can relate to your Scope 1, Scope 2 and/or Scope 3 emissions in full or in part.
- Intensity target: an intensity target describes a future reduction in emissions that have been normalized to a business metric when compared to the same normalized business metric emissions in a base year. The target can relate to your Scope 1, Scope 2 and/or Scope 3 emissions in full or in part.
Note for oil and gas sector companies:
- Investors request that companies disclose both company-wide targets and targets at the divisional level.
Note for electric utility sector companies:
- Investors request that companies disclose company-wide targets and, where applicable, at divisional level, and that intensity targets are also expressed as absolute targets where possible.
Note for transport OEMs sector companies:
- In addition to any absolute targets, companies should disclose company-wide CO2 and/or fuel economy targets for products and, where relevant, for specific markets. Targets should be expressed in grams of CO2 per kilometer.
Note for financial services sector companies:
- Consider any absolute or intensity targets related to your lending and investment portfolio (Scope 3 Investments), in addition to targets related to Scope 1, Scope 2 and other Scope 3 emissions.
Note for capital goods sector companies:
- Companies should consider reporting company-wide and/or product-level Scope 3 targets, and in particular, Scope 3 targets relating to the use of sold products.
Additional information
Examples of emissions reduction targets
The following are examples of absolute targets:
- Metric tons CO2e or % reduction from base year
- Metric tons CO2e or % reduction in product use phase relative to base year
- Metric tons CO2e or % reduction in supply chain relative to base year
- Metric tons CO2e or % reduction per year
- Metric tons CO2e or % reduction relative to 5 year rolling average of emissions
- Cap on emissions in metric CO2e
The following are examples of intensity targets:
- Metric tons CO2e or % reduction per unit revenue (also per unit turnover; per unit gross sales) relative to base year
- Metric tons CO2e or % reduction per full-time employee equivalent (also per hours worked; per operating hour; per guest night; per capita; per patient days) relative to base year
- Metric tons CO2e or % reduction per unit of product (e.g. metric ton of paper; metric ton of aluminum) relative to base year
- Metric tons CO2e or % reduction per passenger kilometer (also per km; per nautical mile) relative to base year
- Metric tons CO2e or % reduction per square foot relative to base year
- Cap on emissions relative to an activity (e.g. stabilizing emissions at x metric tons CO2e per metric to of steel produced)
- Metric tons CO2e or % reduction per MWh
- Metric tons CO2e or % reduction in emissions from business flights per employee
(C4.1a) Provide details of your absolute emissions target(s) and progress made against those targets.
Question dependencies
This question only appears if you select “Absolute target” or “Both absolute and intensity targets” in response to C4.1.
Change from 2019
Modified question
Rationale
The question is aimed at encouraging best practice in target setting, such as the use of science-based targets where available.
Connection to other frameworks
TCFD
Metrics & Targets recommended disclosure c) Describe the targets used by the organization to manage climate related risks and opportunities and performance against targets.
SDG
Goal 7: Affordable and clean energy
Goal 12: Responsible consumption and production
Goal 13: Climate action
2018 RobecoSAM Corporate Sustainability Assessment (DJSI)
Climate-related targets
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Target reference number
|
Year target was set
|
Target coverage
|
Scope(s) (or Scope 3 category)
|
Base year
|
Covered emissions in base year (metric tons CO2e)
|
Covered emissions in base year as % of total base year emissions in selected Scope(s) (or Scope 3 category)
|
Abs1-Abs100
|
Numerical field [enter a number between 1900- 2020]
|
Select from:
- Company-wide
- Business division
- Business activity
- Site/facility
- Country/region
- Product-level
- Other, please specify
|
Select from drop-down options below
|
Numerical field [enter a number between 1900- 2020]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Target year | Targeted reduction from base year (%) | Covered emissions in target year (metric tons CO2e)
[auto-calculated]
| Covered emissions in reporting year (metric tons CO2e) | % of target achieved [auto-calculated]
|
---|
Numerical field
[enter a whole number between 2000- 2100]
| Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
| Numerical field [0-999,999,999,999]
| Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
| Percentage field [-999 to 999]
|
Target status in reporting year
|
Is this a science-based target?
|
Please explain (including target coverage)
|
Select from:
- New
- Underway
- Achieved
- Expired
- Revised
- Replaced
- Retired
|
Select from drop-down options below
|
Text field [maximum 2,400 characters]
|
[Add Row]
Scope(s) (or Scope 3 category) drop-down options:
Select one of the following options:
- Scope 1
- Scope 2 (location-based)
- Scope 2 (market-based)
- Scope 1+2 (location-based)
- Scope 1+2 (market-based)
- Scope 1+2 (location-based) +3 (upstream)
- Scope 1+2 (location-based) +3 (downstream)
- Scope 1+2 (location-based) +3 (upstream & downstream)
- Scope 1+2 (market-based) +3 (upstream)
- Scope 1+2 (market-based) +3 (downstream)
- Scope 1+2 (market-based) +3 (upstream & downstream)
- Scope 3 (upstream)
- Scope 3 (downstream)
- Scope 3 (upstream & downstream)
- Scope 3: Purchased goods and services
- Scope 3: Capital goods
- Scope 3: Fuel and energy-related activities (not included in Scopes 1 or 2)
- Scope 3: Upstream transportation and distribution
- Scope 3: Waste generated in operations
- Scope 3: Business travel
- Scope 3: Employee commuting
- Scope 3: Upstream leased assets
- Scope 3: Investments
- Scope 3: Downstream transportation and distribution
- Scope 3: Processing of sold products
- Scope 3: Use of sold products
- Scope 3: End-of-life treatment of sold products
- Scope 3: Downstream leased assets
- Scope 3: Franchises
- Other, please specify
Is this a science-based target? drop-down options:
Select one of the following options:
- Yes, this target has been approved as science-based by the Science-Based Targets initiative
- Yes, we consider this a science-based target, but this target has not been approved as science-based by the Science-Based Targets initiative
- No, but we are reporting another target that is science-based
- No, but we anticipate setting one in the next 2 years
- No, and we do not anticipate setting one in the next 2 years
Requested content
General
- Note that CDP is requesting data on gross emissions. Gross means total emissions before any deductions or other adjustments are made to take account of offset credits, avoided emissions from the use of goods and services and/or reductions attributable to the sequestration or transfer of GHGs. If you have a target that will be met in part by offsetting (including carbon neutrality targets), only the proportion of the target that relates to emissions reductions (and not offset purchases) should be considered here. If you are uncertain of the proportion that will be achieved through emissions reductions, make an estimation based on the initiatives that you have in place or planned.
- Targets to reduce emissions in the product use phase or to reduce emissions from the supply chain should be captured as Scope 3 targets.
- The categories of Scope 3 emissions have been taken from the Greenhouse Gas Protocol’s Corporate Value Chain (Scope 3) Accounting and Reporting Standard. Refer to the Standard for additional information on the sources that each category comprises and how to calculate these emissions. If you are specifying a Scope 3 source under “Other, please specify” please make it clear whether it is an upstream or downstream source.
Target reference number (column 1)
- Select a unique target reference from the drop-down menu provided to identify the target in subsequent questions and to track progress against the target in subsequent reporting years.
- If you reported a target to CDP last year and will be reporting progress against the same target this year, ensure you use the same target reference number as last year. For any new targets you are adding, always use a new reference number that you have not used previously.
Year target was set (column 2)
- Enter the year in which your company set the target.
- This must be either before or during the reporting year, but cannot be after the reporting year. It also cannot be after the target year.
- If you have a year-on-year rolling target, enter the year your first set the target. This can be before the base year.
- If you set the target based on financial years, enter the year that applies to the end of your financial year and specify this in the “Please explain (including target coverage)” column.
Target coverage (column 3)
- If the target applies to the whole company, select “Company-wide”. Note that “company” refers collectively to all the companies, businesses, organizations, other entities or groups that fall within your definition of the reporting boundary.
- If the target does not apply to the whole company, select the option that best describes the coverage of the target, and provide further details in the “Please explain (including target coverage)” column. E.g. if your target applies only to your European operations, select “Country/region” in this column and specify the country/region in the “Please explain (including target coverage)” column.
Scope(s) (or Scope 3 category) (column 4)
- This refers to the Scope(s) (or Scope 3 category) of emissions to which the target relates. Note that the target does not have to comprise all emissions within a particular Scope.
Base year (column 5)
- The base year is the year against which you are comparing your emissions reduction target
- If you have a year-on-year rolling target, the base year will be the previous reporting year.
- If you have a target based on financial years, enter the year that applies to the end of your financial year and specify this in the “Please explain (including target coverage)” column.
- If you have a target based on average emissions over a period of time (e.g. 5-year average), enter the year that applies to the end of the average period and specify this in the “Please explain (including target coverage)” column.
- You cannot have a base year that is in the future.
Covered emissions in base year (metric tons CO2e) (column 6)
- Enter the base year emissions covered by the target in this column.
- E.g. if your target is to reduce Scope 1 emissions arising from your European operations, enter the base year Scope 1 emissions for your European operations only.
- E.g. if your target relates to Scope 2 emissions of a particular business activity (e.g. office-based operations, etc.), enter the base year Scope 2 emissions relating to that business activity only.
Covered emissions in base year as % of total base year emissions in selected Scope(s) (or Scope 3 category) (column 7)
- Enter the covered emissions in base year (reported in the previous column) as a percentage of your total company-wide base year emissions in the Scope(s) (or Scope 3 category) your target relates to.
- If the target encompasses multiple Scopes, the percentage should be based upon the total company-wide emissions in all Scopes identified.
- E.g. if your target is to reduce Scope 1 emissions arising from your European operations, and your European operations accounted for 80% of your total Scope 1 emissions in the base year, then you should enter 80 into this column.
- E.g. If you have selected a Scope 3 category (e.g. Scope 3: Business travel) you should specify the percentage of emissions in that category rather than in Scope 3 as a whole.
- Note that entering a value of 100% indicates that the target covers your company’s total, global gross emissions in the base year for the Scope(s) (or Scope 3 category) selected in column 3.
Target year (column 8)
- If you have a year-on-year rolling target, the target year will be the reporting year.
- If you have a target based on financial years, enter the year that applies to the end of your financial year and specify in the “Please explain (including target coverage)” column.
- If you have a target based on average emissions over a period of time (e.g. 5-year average), enter the year that applies to the end of the average period and specify this in the “Please explain (including target coverage)” column.
Targeted reduction from base year (%) (column 9)
- Enter your targeted emissions reduction as a percentage reduction in emissions to be achieved in the target year, when compared to the base year.
- E.g. if your target is to reduce your Scope 1 emissions by 3000 metric tons CO2e and your base year emissions were 150,000 metric tons CO2e, you should enter 2 into this column (i.e. (3000/150000) =0.02; then multiply by 100 for percentage value).
- If your target is to stabilize emissions at the base year level, you should enter 0 in this column.
- Note that this column is intended to describe the targeted percentage reduction from the base year that is to be achieved in the target year, and not the percentage reduction from the base year observed in the reporting year.
Covered emissions in target year (metric tons CO2e) [auto-calculated] (column 10)
- This column will be auto-calculated in the ORS.
- The emissions covered by the target in your target year will be calculated from the “Covered emissions in base year” (column 6) and the “Targeted reduction from base year” (column 9) columns. Ensure that you have entered data into these columns.
- E.g. if your base year emissions were 150,000 metric tons CO2e, and your targeted reduction is 2%, this column will display 147,000.
Covered emissions in reporting year (metric tons CO2e) (column 11)
- Enter the emissions in the reporting year covered by the target in this column.
- E.g. if your target is to reduce Scope 1 emissions arising from your European operations, enter the Scope 1 emissions in the reporting year for your European operations only.
- E.g. if your target relates to Scope 2 emissions of a particular business activity (e.g. office-based operations, etc.), enter the Scope 2 emissions in the reporting year relating to that business activity only.
% of target achieved [auto-calculated] (column 12)
- This column will be auto-calculated in the ORS.
- The target’s percentage completion (in terms of emissions) compared with the base year will be calculated from the “Covered emissions in base year” (column 6), “Targeted reduction from base year” (column 9) and the “Covered emissions in reporting year” (column 11) columns. Ensure that you have entered data into these columns.
- E.g. if your target is to reduce your Scope 1 emissions by 10% and in the reporting year your Scope 1 emissions had reduced by 3% compared to the base year, this column will display 30 as your target is 30% complete.
- Negative values indicate an increase in emissions compared to the base year.
- Values greater than 100 indicate that you have exceeded your target.
- This column will not appear if you set a target to stabilize your greenhouse gas emissions at the base year level, i.e. if you have entered 0 (zero) in column “Targeted reduction from base year (%)” (column 9).
Target status in reporting year (column 13)
- New - Select this option for targets that have been set in the reporting year and are still in progress.
- Underway - Select this option for targets that were set before the reporting year, with a target year in the future, that have not been achieved and continue to be pursued.
- Achieved - Select this option for targets that have been achieved or exceeded in the reporting year.
- Expired - Select this option for targets with a target year of the reporting year, that have not been achieved and have therefore expired in the reporting year.
- Revised - Select this option for targets that were set before the reporting year but a revision has been made to any of the elements in columns 2 to 11 in the reporting year, for example due to a recalculation of the base year emissions or a change to the target year.
- Replaced - Select this option for previously reported targets that have been replaced with another target in the reporting year, for example where a facility target has been incorporated into a company-wide target.
- Retired - Select this option for targets with a target year in the future, that have not been achieved, but will no longer be pursued. Provide more information as to why this target was retired in the “Please explain (including target coverage)” column.
Is this a science-based target? (column 14)
- A brief description of science-based targets and why CDP is asking companies to set them is provided as additional information to this question.
- In addition, see the Technical Note on Science-Based Targets for what qualifies as a science-based target and how to assess your target against the Science Based Targets initiative’s criteria.
- Yes, this target has been approved as science-based by the Science Based Targets initiative – Companies are very strongly encouraged to have their targets officially evaluated by the Science Based Targets initiative (SBTi). CDP considers targets approved by the initiative to reflect best practice in science-based target setting. Select this option only if the target has been approved by the SBTi.
- Yes, we consider this a science-based target, but this target has not been approved as science-based by the Science Based Targets initiative: Not all companies have had their target assessed by the SBTi. If your company has set a target and has self-assessed it to be science-based, but has not had it approved by the SBTi, or it is currently being reviewed by the SBTi, please select this option. You should use the “Please explain (including target coverage)” column to explain why you believe your target to be science-based. Do not select this option if your target has been rejected by the SBTi. If you are currently in the process of revising your target to meet SBTi criteria, indicate this by selecting “No, but we anticipate setting one in the next 2 years.”
- No, but we are reporting another target that is science-based: Another target (absolute or intensity) disclosed is science-based, either in another row in this table, or in C4.1b.
- No, but we anticipate setting one in the next 2 years: While not necessary, it is recommended that the company publicly state this through the Call to Action commitment to set a science-based target.
- No, and we do not anticipate setting one in the next 2 years: No science-based targets have been set and there are no plans in place to set one in the next 2 years.
Please explain (including target coverage) (column 15)
- If the target is not company-wide (i.e. it does not apply to the whole company in line with your definition of the reporting boundary), provide further details of your target coverage in this column. E.g. if you have selected “Country/region” in column 3, please specify which countries/regions your target covers.
- You can use this column to identify where you have a financial year or average year based target.
- If your target was originally in a different format, you may wish to give the original target before it was converted into the format required for the purposes of this table.
- If your target is part of a wider carbon neutrality goal, a regulatory requirement, or a longer term target, you can also explain this here.
Additional information
Science-based targets
- The world is on a trajectory leading to a 4°C temperature increase above pre-industrial levels, which will have adverse effects on the planet. Nearly 200 nations at COP21 wrote into the Paris Agreement that globally we will aim to limit warming to below 2°C and even pursue efforts to limit warming to under 1.5°C. However, there is a yawning gap between the level of ambition of the country commitments and targeted temperatures. Companies, which are responsible for a vast majority of the world’s emissions, must play a critical role in filling the gap left by country commitments by raising the level of ambition in their target setting and reducing their emissions in line with climate science.
- Science-based target setting methods disaggregate the remaining global carbon budget and assign companies their fair share of emissions reductions. A number of factors are taken into consideration in order to determine what is most appropriate for a given company. Please see the Technical Note on Science Based Targets and the 2020 climate change scoring methodology for information on best practices in target setting what CDP considers a science-based target.
- Companies are very strongly encouraged to have their targets officially evaluated by the Science Based Targets initiative (SBTi). CDP considers targets approved by the initiative to reflect best practices in science-based target setting. Targets submitted to the SBTi for an official evaluation by the May 15 2020 deadline, with all information needed to assess the target, will be used for scoring in CDP’s 2020 climate change questionnaire.
- Regardless of submission to SBTi, companies are expected to report emissions reductions targets in their CDP response. Targets that did not pass the SBTi’s review process or that have not been submitted for review prior to the deadline will still be evaluated using the information disclosed by each company in their CDP response. See the Technical Note for more details.
(C4.1b) Provide details of your emissions intensity target(s) and progress made against those target(s).
Question dependencies
This question only appears if you select “Intensity target” or “Both absolute and intensity target” in response to C4.1.
Change from 2019
Modified question
Rationale
The question is aimed at encouraging best practice in target setting, such as the use of science-based targets where available.
Connection to other frameworks
TCFD
Metrics & Targets recommended disclosure c) Describe the targets used by the organization to manage climate related risks and opportunities and performance against targets.
SDG
Goal 7: Affordable and clean energy
Goal 12: Responsible consumption and production
Goal 13: Climate action
2018 RobecoSAM Corporate Sustainability Assessment (DJSI)
Climate-related targets
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Target reference number
|
Year target was set
|
Target coverage
|
Scope(s) (or Scope 3 category)
|
Intensity metric
|
Base year
|
Intensity figure in base year (metric tons CO2e per unit of activity)
|
% of total base year emissions in selected Scope(s) (or Scope 3 category) covered by this intensity figure
|
Int1- Int100
|
Numerical field [enter a number between 1900- 2020]
|
Select from:
- Company-wide
- Business division
- Business activity
- Site/facility
- Country/region
- Product-level
- Other, please specify
|
Select from drop-down options below
|
Select from drop-down options below
|
Numerical field [enter a number between 1900- 2020]
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of 10 decimal places and no commas]
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Target year
|
Targeted reduction from base year (%)
|
Intensity figure in target year (metric tons CO2e per unit of activity)
[auto-calculated]
|
% change anticipated in absolute Scope 1+2 emissions
|
% change anticipated in absolute Scope 3 emissions
|
Intensity figure in reporting year (metric tons CO2e per unit of activity)
|
Numerical field [enter a number between 2000- 2100]
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Numerical field [0- 999,999,999,999]
|
Percentage field [enter a percentage from -999-999 using a maximum of 2 decimal places]
|
Percentage field [enter a percentage from -999-999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of 10 decimal places and no commas]
|
% of target achieved
[auto-calculated]
|
Target status in reporting year
|
Is this a science-based target?
|
Please explain (including target coverage)
|
Percentage field [-999 to 999]
|
Select from:
- New
- Underway
- Achieved
- Expired
- Revised
- Replaced
- Retired
|
Select from drop-down options below
|
Text field [maximum 2,400 characters]
|
[Add Row]
Scope(s) (or Scope 3 category) drop-down options:
Select one of the following options:
- Scope 1
- Scope 2 (location-based)
- Scope 2 (market-based)
- Scope 1+2 (location-based)
- Scope 1+2 (market-based)
- Scope 1+2 (location-based) +3 (upstream)
- Scope 1+2 (location-based) +3 (downstream)
- Scope 1+2 (location-based) +3 (upstream & downstream)
- Scope 1+2 (market-based) +3 (upstream)
- Scope 1+2 (market-based) +3 (downstream)
- Scope 1+2 (market-based) +3 (upstream & downstream)
- Scope 3 (upstream)
- Scope 3 (downstream)
- Scope 3 (upstream & downstream)
- Scope 3: Purchased goods & services
- Scope 3: Capital goods
- Scope 3: Fuel- and energy-related activities (not included in Scopes 1 or 2)
- Scope 3: Upstream transportation & distribution
- Scope 3: Waste generated in operations
- Scope 3: Business travel
- Scope 3: Employee commuting
- Scope 3: Upstream leased assets
- Scope 3: Investments
- Scope 3: Downstream transportation and distribution
- Scope 3: Processing of sold products
- Scope 3: Use of sold products
- Scope 3: End-of-life treatment of sold products
- Scope 3: Downstream leased assets
- Scope 3: Franchises
- Other, please specify
Intensity metric drop-down options:
Select one of the following options from the drop-down menu below. Those with an asterisk (*) are the metrics that can be evaluated against science-based target setting methods (see Technical Note on Science Based Targets):
- Grams CO2e per revenue passenger kilometer*
- Metric tons CO2e per USD($) value-added*
- Metric tons CO2e per square meter*
- Metric tons CO2e per metric ton of aluminum*
- Metric tons CO2e per metric ton of steel*
- Metric tons CO2e per metric ton of cement*
- Metric tons CO2e per metric ton of cardboard*
- Grams CO2e per kilometer*
- Metric tons CO2e per unit revenue
- Metric tons CO2e per unit FTE employee
- Metric tons CO2e per unit hour worked
- Metric tons CO2e per metric ton of product
- Metric tons of CO2e per liter of product
- Metric tons CO2e per unit of production
- Metric tons CO2e per unit of service provided
- Metric tons CO2e per square foot*
- Metric tons CO2e per kilometer
- Metric tons CO2e per passenger kilometer*
- Metric tons CO2e per megawatt hour (MWh)*
- Metric tons CO2e per barrel of oil equivalent (BOE)
- Metric tons CO2e per vehicle produced
- Metric tons CO2e per metric ton of ore processed
- Metric tons CO2e per ounce of gold
- Metric tons CO2e per ounce of platinum
- Metric tons of CO2e per metric ton of aggregate
- Metric tons of CO2e per billion (currency) funds under management
- Other, please specify
Is
this a science-based target? drop-down options:
Select one of the following options:
- Yes,
this target has been approved as science-based by the Science Based Targets
initiative
- Yes,
we consider this a science-based target, but this target has not been approved
as science-based by the Science Based Targets initiative
- No,
but we are reporting another target that is science-based
- No,
but we anticipate setting one in the next 2 years
- No,
and we do not anticipate setting one in the next 2 years
Requested content
General
- Note that CDP is requesting data on gross emissions. Gross means total emissions before any deductions or other adjustments are made to take account of offset credits, avoided emissions from the use of goods and services and/or reductions attributable to the sequestration or transfer of GHGs. If you have a target that will be met in part by offsetting (including carbon neutrality targets), only the proportion of the target that relates to emissions reductions (and not offset purchases) should be considered here. If you are uncertain of the proportion that will be achieved through emissions reductions, make an estimation based on the initiatives that you have in place or planned.
- Targets to reduce emissions in the product use phase or to reduce emissions from the supply chain should be captured as Scope 3 targets.
- The categories of Scope 3 emissions have been taken from the Greenhouse Gas Protocol’s Corporate Value Chain (Scope 3) Accounting and Reporting Standard. Refer to the Standard for additional information on the sources that each category comprises and how to calculate these emissions. If you are specifying a Scope 3 source under “Other, please specify” please make clear whether it is an upstream or downstream source.
Target reference number (column 1)
- Select a unique target reference from the drop-down menu provided to identify the target in subsequent questions and to track progress against the target in subsequent reporting years.
- If you reported a target to CDP last year and will be reporting progress against the same target this year, ensure you use the same target reference number as last year. For any new targets you are adding, always use a new reference number that you have not used previously.
Year target was set (column 2)
- Enter the year in which your company set the target.
- This must be either before or during the reporting year, but cannot be after the reporting year. It also cannot be after the target year.
- If you have a year-on-year rolling target, enter the year you first set the target. This can be before the base year.
- If you set the target based on financial years, enter the year that applies to the end of your financial year and specify this in the “Please explain (including target coverage)” column.
Target coverage (column 3)
- If the target applies to the whole company, select “Company-wide”. Note that “company” refers collectively to all the companies, businesses, organizations, other entities or groups that fall within your definition of the reporting boundary.
- If the target does not apply to the whole company, select the option that best describes the coverage of the target, and provide further details in the “Please explain (including target coverage)” column. E.g. if your target applies only to your European operations, select “Country/region” in this column and specify the country/region in the “Please explain (including target coverage)” column.
Scope(s) (or Scope 3 category) (column 4)
- This refers to the Scope(s) (or Scope 3 category) of emissions to which the target relates. Note that this does not have to comprise all emissions within a particular Scope.
Intensity metric (column 5)
- If you select “Other, please specify,” provide a label for the metric.
- This should be in the format “mass CO2 per activity,” as in the drop-down options above.
Base year (column 6)
- The base year is the year against which you are comparing your emissions reduction target
- If you have a year-on-year rolling target, the base year will be the previous reporting year.
- If you have a target based on financial years, enter the year that applies to the end of your financial year and specify this in the “Please explain (including target coverage)” column.
- If you have a target based on average emissions over a period of time (e.g. 5-year average), enter the year that applies to the end of the average period and specify this in the “Please explain (including target coverage)” column.
- You cannot have a base year that is in the future.
Intensity figure in base year (metric tons CO2e per unit of activity) (column 7)
- Enter the emissions intensity figure in the base year covered by the target in this column.
- Note that the base year emissions intensity figure should be calculated by dividing the base year emissions covered by the target by the intensity metric denominator (e.g. unit revenue, metric ton of product etc).
- E.g. if your target is to reduce your Scope 1 emissions per full time equivalent (FTE) employee by 22%, using 2010 as the base year and 2020 as the target year, first calculate what your Scope 1 emissions were per FTE in 2010 (in this example 9 metric tons CO2e) and enter this figure in the field.
% of total base year emissions in selected Scope(s) (or Scope 3 category) covered by this intensity figure (column 8)
- Enter the base year emissions covered by the target as a percentage of your total company-wide base year emissions in the Scope(s) (or Scope 3 category) your intensity target relates to.
- If the target encompasses multiple Scopes, the percentage should be based upon the total company-wide emissions in all Scopes identified.
- Note that for this calculation you should use the absolute base year emissions covered by the target (i.e. metric tons CO2e), not the intensity figure you reported in the previous column (i.e. metric tons CO2e per unit activity).
- E.g. if your target is to reduce your Scope 1 emissions per FTE employee in your European operations only, and your European operations accounted for 80% of your total Scope 1 emissions in the base year, then you should enter 80 into this column.
- E.g. if you have selected a Scope 3 category (e.g. Scope 3: Business travel) you should specify the percentage of emissions in that category rather than in Scope 3 as a whole.
- Note that entering a value of 100% indicates that the target covers your company’s total, global gross emissions in the base year for the Scope(s) (or Scope 3 category) selected in column 4.
Target year (column 9)
- If you have a year-on-year rolling target, the target year will be the reporting year.
- If you have a target based on financial years, enter the year that applies to the end of your financial year and specify this in the “Please explain (including target coverage)” column.
- If you have a target based on average emissions over a period of time (e.g. 5-year average), enter the year that applies to the end of the average period and specify this in the “Please explain (including target coverage)” column.
Targeted reduction from base year (%) (column 10)
- Enter your targeted emissions intensity reduction as a percentage reduction of the emissions intensity figure to be achieved in the target year, when compared to the base year.
- E.g. if your target is to reduce your Scope 1 emissions per FTE employee to 7 metric tons CO2e per FTE employee and your base year emissions were 9 metric tons CO2e per FTE employee, you should enter 22 into this column (i.e. ((9-7)/9)=0.22; then multiply by 100 for percentage value).
- If your target is to stabilize your emissions intensity at the base year level, you should enter 0 in this column.
- Note that this column is intended to describe the targeted percentage reduction from the base year that is to be achieved in the target year, not the percentage reduction from the base year observed in the reporting year.
Intensity figure in target year (metric tons CO2e per unit of activity) [auto-calculated] (column 11)
- This column will be auto-calculated in the ORS.
- The intensity figure covered by the target in your target year will be calculated from the “Intensity figure in base year” (column 7) and the “Targeted reduction from base year” (column 10) columns. Ensure that you have entered data into these columns.
- E.g. if your base year intensity figure was 9 metric tons CO2e per FTE employee, and your targeted reduction is 22%, this column will display 7.
% change anticipated in absolute Scope 1+2 emissions (column 12)
- Complete this column if your target relates to Scope 1 and/or Scope 2 emissions. If your target does not relate to Scope 1 and/or Scope 2 emissions, enter 0 (zero) in this column.
- Enter the percentage change in your total absolute gross global Scope 1+2 emissions anticipated, based on the information provided in the previous columns. A positive figure indicates that you anticipate an increase in emissions.
- Note that even if your target only relates to one Scope (i.e. Scope 1 or 2), enter the change anticipated in your Scope 1+2 emissions.
% change anticipated in absolute Scope 3 emissions (column 13)
- Complete this column if your target relates to Scope 3 emissions. If your target does not include Scope 3 emissions, enter 0 (zero) in this column.
- Enter the percentage change in your total absolute global Scope 3 emissions expected, based on the information provided in the previous columns. A positive figure indicates that you anticipate an increase in emissions.
Intensity figure in reporting year (metric tons CO2e per unit of activity) (column 14)
- Enter the emissions intensity figure in the reporting year covered by the target in this column.
- Note that the intensity figure in the reporting year should be calculated by dividing your reporting year emissions covered by the target by the intensity metric denominator (e.g. unit revenue, metric ton of product etc).
- E.g. if your target is to reduce your Scope 1 emissions per full time equivalent (FTE) employee from 9 metric tons CO2e to 7 metric tons CO2e and in the reporting year your Scope 1 emissions per FTE employee were 8 metric tons CO2e, enter 8 in this field.
% of target achieved [auto-calculated] (column 15)
- This column will be auto-calculated in the ORS.
- The target’s percentage completion (in terms of emissions) compared with the base year will be calculated from the “Intensity figure in base year” (column 7), “Targeted reduction from base year” (column 10), and the “Intensity figure in reporting year” (column 14) columns. Ensure you have entered data into these columns.
- E.g. if your target is to reduce your Scope 1 emissions per FTE employee by 22% and in the reporting year your Scope 1 emissions per FTE employee had reduced by 11% compared to the base year, this column will display 50 as your target is 50% complete.
- Negative values indicate an increase in the emissions intensity figure compared to the base year.
- Values greater than 100 indicate that you have exceeded your target.
- This column will not appear if you set a target to stabilize your emissions intensity at the base year level, i.e. if you have entered 0 (zero) in column “Targeted reduction from base year (%)” (column 10).
Target status (column 16)
- New - Select this option for targets that have been set in the reporting year and are still in progress.
- Underway - Select this option for targets that were set before the reporting year, with a target year in the future, that have not been achieved and continue to be pursued.
- Achieved - Select this option for targets that have been achieved or exceeded in the reporting year.
- Expired - Select this option for targets with a target year of the reporting year, that have not been achieved and have therefore expired in the reporting year.
- Revised - Select this option for targets that were set before the reporting year but a revision has been made to any of the elements in columns 2 to 14 in the reporting year, for example due to a recalculation of the base year emissions intensity or a change to the target year.
- Replaced - Select this option for previously reported targets that have been replaced with another target in the reporting year, for example where a facility target has been incorporated into a company-wide target.
- Retired - Select this option for targets with a target year in the future, that have not been achieved, but will no longer be pursued. Provide more information as to why this target was retired in the “Please explain (including target coverage)” column.
Is this a science-based target? (column 17)
- A brief description of science-based targets and why CDP is asking companies to set them is provided as additional information to this question.
- In addition, see the Technical Note on Science-Based Targets for what qualifies as a science-based target and how to assess your target against the Science Based Targets initiative’s criteria.
- Yes, this target has been approved as science-based by the Science Based Targets initiative – Companies are very strongly encouraged to have their targets officially evaluated by the Science Based Targets initiative (SBTi). CDP considers targets approved by the initiative to reflect best practice in science-based target setting. Select this option only if the target has been approved by the SBTi.
- Yes, we consider this a science-based target, but this target has not been approved as science-based by the Science Based Targets initiative – Not all companies have had their target assessed by the SBTi. If your company has set a target and has self-assessed it to be science-based, but has not had it approved by the SBTi, or it is currently being reviewed by the SBTi, please select this option. You should use the Please explain column to explain why you believe your target to be science-based. Do not select this option if your target has been rejected by the SBTi. If you are currently in the process of revising your target to meet SBTi criteria, indicate this by selecting “No, but we anticipate setting one in the next 2 years.”
- No, but we are reporting another target that is science-based – Another target (absolute or intensity) disclosed is science-based, either in another row in this table, or in C4.1a.
- No, but we anticipate setting one in the next 2 years – While not necessary, it is recommended that the company publicly state this through the Call to Action commitment to set a science-based target.
- No, and we do not anticipate setting one in the next 2 years – No science-based targets have been set and there are no plans in place to set one in the next 2 years.
Please explain (including target coverage) (column 18)
- If the target is not company-wide (i.e. it does not apply to the whole company in line with your definition of the reporting boundary) provide further details of your target coverage in this column. E.g. if you have selected “Country/region” in column 3, please specify which countries/regions your target covers.
- You can use this column to identify where you have a financial year or average year based target.
- If your target was originally in a different format, you may wish to give the original target before it was converted into the format required for the purposes of this table.
- If your target is part of a wider carbon neutrality goal, a regulatory requirement, or a longer term target, you can also explain this here.
Additional information
Science-based targets
- The world is on a trajectory leading to a 4°C temperature increase above pre-industrial levels, which will have adverse effects on the planet. Nearly 200 nations at COP21 wrote into the Paris Agreement that globally we will aim to limit warming to below 2°C and even pursue efforts to limit warming to under 1.5°C. However, there is a yawning gap between the level of ambition of the country commitments and targeted temperatures. Companies, which are responsible for a vast majority of the world’s emissions, must play a critical role in filling the gap left by country commitments by raising the level of ambition in their target setting and reducing their emissions in line with climate science.
- Science-based target setting methods disaggregate the remaining global carbon budget and assign companies their fair share of emissions reductions. A number of factors are taken into consideration in order to determine what is most appropriate for a given company. Please see the Technical Note on Science Based Targets and the 2020 climate change scoring methodology for information on best practices in target setting what CDP considers a science-based target.
- Companies are very strongly encouraged to have their targets officially evaluated by the Science Based Targets initiative (SBTi). CDP considers targets approved by the initiative to reflect best practices in science-based target setting. Targets submitted to the SBTi for an official evaluation by the May 15 2020 deadline, with all information needed to assess the target, will be used for scoring in CDP’s 2020 climate questionnaire.
- Regardless of submission to SBTi, companies are expected to report emissions reductions targets in their CDP response. Targets that did not pass the SBTi’s review process or that have not been submitted for review prior to the deadline will still be evaluated using the information disclosed by each company in their CDP response. See the Technical Note for more details.
(C4.1c) Explain why you did not have an emissions target, and forecast how your emissions will change over the next five years.
Question dependencies
This question only appears if you select “No target” in response to C4.1.
Change from 2019
No change
Rationale
As setting a target is a pre-requisite for leadership in environmental practice, data users need to understand why companies do not have active targets guiding environmental strategy.
Response options
Please complete the following table:
Primary reason | Five-year forecast | Please explain |
Select from: - We are planning to introduce a target in the next two years
- Important but not an immediate business priority
- Judged to be unimportant, explanation provided
- Lack of internal resources
- Insufficient data on operations
- No instruction from management
- Other, please specify
| Text field [maximum 2,400 characters] | Text field [maximum 2,400 characters] |
Requested content
General
- If you select “Other, please specify,” provide a label for the "Primary reason".
Five-year forecast (column 2)
- Provide a qualitative and quantitative description of how you forecast your emissions will change over the next five years.
- It is acknowledged that this forecast will be an estimate, but it is expected that companies will::
- forecast the expected direction of change (e.g. whether their emissions will increase, decrease or experience no change overall over the next five years).
- provide a quantitative description of the forecasted change in emissions (e.g. Scope 1 emissions forecasted to decrease by 30 metric tons CO2e/ Scope 1 and Scope 2 emissions forecasted to increase by 10%).
- provide a brief description of the reasons you forecast this change, or in the unlikely event no change, in emissions over the next five years. For example, this could be due to forecasted changes in output or expected emissions reduction activities.
Please explain (column 3)
- Provide an explanation of why you do not have a target and the timeline to implement one, if applicable.
Other climate-related targets
(C4.2) Did you have any other climate-related targets that were active in the reporting year?
Change from 2019
New question
Rationale
Emissions reduction targets are not the only type of relevant targets that organizations use to drive change. CDP asks this question to allow companies to report climate goals separate from emissions reductions, recognizing that there are multiple types of targets.
Connection to frameworks
TCFD
Metrics & Targets recommended disclosure a) Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process.
Metrics & Targets recommended disclosure c) Describe the targets used by the organization to manage climate related risks and opportunities and performance against targets.
SDG
Goal 7: Affordable and clean energy
Goal 12: Responsible consumption and production
Goal 13: Climate action
2018 RobecoSAM Corporate Sustainability Assessment (DJSI)
Climate-related targets
Response options
Select all that apply from the following options:
- Target(s) to increase low-carbon energy consumption or production
- Target(s) to reduce methane emissions
- Other climate-related target(s)
- No other climate-related targets
Requested content
Note for oil and gas and coal sectors:
- If you have a methane-specific emissions reduction target that was not reported in C4.1a/b, select “Target(s) to reduce methane emissions”. You will then receive a follow up question C4.2b where you can provide details of your methane-specific emissions reduction target.
- If you engage in oil and gas or coal mining activities and have not selected “Target(s) to reduce methane emissions” in this question, you will receive a follow up question C-CO4.2c/C-OG4.2c requesting information on why you do not have a methane-specific emissions reduction target and will be asked to forecast how your methane emissions will change.
- If methane emissions are not applicable to your organization, you will be given the opportunity to explain this in C-CO4.2c/C-OG4.1c.
Explanation of terms
- Target to reduce methane emissions, or “methane-specific target” is any target to reduce specifically methane (CH4) emissions e.g. reduction of leakage, venting or flaring of methane.
(C4.2a) Provide details of your target(s) to increase low-carbon energy consumption or production.
Question dependencies
This question only appears if you select “Target(s) to increase low-carbon energy consumption or production” in response to C4.2.
Change from 2019
New question
Rationale
Targets related to increasing low-carbon energy consumption or production can be an important element of organizations’ strategy to reduce their emissions.
Connection to frameworks
TCFD
Metrics & Targets recommended disclosure a) Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process.
Metrics & Targets recommended disclosure c) Describe the targets used by the organization to manage climate related risks and opportunities and performance against targets.
SDG
Goal 7: Affordable and clean energy
Goal 12: Responsible consumption and production
Goal 13: Climate action
2018 RobecoSAM Corporate Sustainability Assessment (DJSI)
Climate-related targets
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Target reference number
|
Year target was set
|
Target coverage
|
Target type: absolute or intensity
|
Target type: energy carrier
|
Target type: activity
|
Target type: energy source
|
Low1 – Low100
|
Numerical field [enter a number between 1900- 2020]
|
Select from:
- Company-wide
- Business division
- Business activity
- Site/facility
- Country/region
- Product level
- Other, please specify
|
Select from:
|
Select from:
- Electricity
- Heat
- Steam
- Cooling
- All energy carriers
- Other, please specify
|
Select from:
|
Select from:
- Low-carbon energy source(s)
- Renewable energy source(s) only
|
Metric (target numerator if reporting an intensity target)
|
Target denominator (intensity targets only)
|
Base year
|
Figure or percentage in base year
|
Target year
|
Figure or percentage in target year
|
Figure or percentage in reporting year
|
% of target achieved
[auto-calculated]
|
Select from:
|
Select from drop-down options below
|
Numerical field [enter a number between 1900- 2020]
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of 10 decimal places and no commas]
|
Numerical field [enter a number between 2000- 2100]
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of 10 decimal places and no commas]
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of 10 decimal places and no commas]
|
Percentage field [-999-999]
|
Target status in reporting year
|
Is this target part of an emissions target?
|
Is this target part of an overarching initiative?
|
Please explain (including target coverage)
|
Select from:
- New
- Underway
- Achieved
- Expired
- Revised
- Replaced
- Retired
|
Text field [maximum 2,400 characters]
[Emissions reduction target ID]
|
Select from:
- RE100
- Science Based Targets initiative
- No, it's not part of an overarching initiative
- Other, please specify
|
Text field [maximum 2,400 characters]
|
[Add Row}
Target denominator (intensity targets only) drop-down options:
Select one of the following options:
- revenue passenger kilometer
- USD($) value-added
- square meter
- metric ton of aluminum
- metric ton of steel
- metric ton of cement
- metric ton of cardboard
- unit revenue
- unit FTE employee
- unit hour worked
- metric ton of product
- liter of product
- unit of production
- unit of service provided
- square foot
- kilometer
- passenger kilometer
- megawatt hour (MWh)
- barrel of oil equivalent (BOE)
- vehicle produced
- metric ton of ore processed
- ounce of gold
- ounce of platinum
- metric ton of aggregate
- billion (currency) funds under management
- Other, please specify
Requested content
General
- If you are a member of the RE100 initiative, you can use this question to report on your progress towards achieving your target.
Target reference number (column 1)
- Select a unique target reference from the drop-down menu provided to track progress against this target in subsequent reporting years.
Year target was set (column 2)
- Enter the year in which your company set the target.
- This must be either before or during the reporting year, but cannot be after the reporting year. It also cannot be after the target year.
- For year-on-year rolling targets, enter the year that you first set the target. This can be before the base year.
- If the target was set based on financial years, enter the year that applies to the end of your financial year and specify this in the “Please explain (including target coverage)” column.
Target coverage (column 3)
- If the target applies to the whole company, select “Company-wide”. Note that “company” refers collectively to all the companies, businesses, organizations, other entities or groups that fall within your definition of the reporting boundary.
- If the target does not apply to the whole company, select the option that best describes the coverage of the target, and provide further details in the “Please explain (including target coverage)” column. E.g. if your target applies only to your European operations, select “Country/region” in this column and specify the country/region in the column “Please explain (including target coverage)”.
Target type: absolute or intensity (column 4)
- Select whether the target is an absolute or an intensity target, regardless of whether you measure it in absolute (e.g. MWh) or relative (%) values. E.g. if your target is to increase the percentage of renewable energy in your electricity mix, select “absolute”. If your target is to increase the percentage of renewable energy consumption per metric ton of product, select “intensity”.
Target type: energy source (column 7)
- Select whether the target relates to increasing consumption or production of low-carbon energy, or of renewable energy specifically. Definitions are provided in the explanation of terms below
Metric (target numerator if reporting an intensity target) (column 8)
- Select the metric relevant to the target – for intensity targets this will be the target numerator.
- You should enter all energy data relating to your target in Watt-hours (either MWh or kWh). Conversion factors from other energy units are available from a variety of online calculation tools, including from IEA and OnlineConversion.com, or from conversion tables such as those in EPA AP-42 (Annex A). Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh”.
Target denominator (intensity targets only) (column 9)
- Select the denominator of your intensity target. This column will only appear if you selected “Intensity” in column 4.
Base year (column 10)
- The base year is the year against which you are comparing your target.
- If you have a year-on-year rolling target, the base year will be the previous reporting year.
- If you have a target based on financial years, enter the year that applies to the end of your financial year and specify this in the “Please explain (including target coverage)” column.
- If you have a target based on an average over a period of time (e.g. 5-year average), enter the year that applies to the end of the average period and specify this in the “Please explain (including target coverage)” column.
- You cannot have a base year that is in the future.
Figure or percentage in base year (column 11)
- Enter the base year value for your target. Note that this will be a percentage if you have selected “Percentage” as your metric in column 8.
- E.g. if your target is to achieve 100% renewable energy consumption by a target year of 2025 compared with a base year of 2015, and in 2015 your renewable energy consumption was 40%, enter 40 in this column.
Target year (column 12)
- If you have a year-on-year rolling target, the target year will be the reporting year.
- If you have a target based on financial years, enter the year that applies to the end of your financial year and specify in the “Please explain (including target coverage)” column.
- If you have a target based on an average over a period of time (e.g. 5-year average), enter the year that applies to the end of the average period and specify this in the “Please explain (including target coverage)” column.
Figure or percentage in target year (column 13)
- Enter the target year value for your target.
- E.g. if your target is to achieve 100% renewable energy consumption by a target year of 2025 compared with a base year of 2015, enter 100 in this column.
Figure or percentage in reporting year (column 14)
- Enter the reporting year value for your target.
- E.g. if your target is to achieve 100% renewable energy consumption by a target year of 2025 compared with a base year of 2015, and in the reporting year you achieved 80% renewable energy, enter 80 in this column.
% of target achieved [auto-calculated] (column 15)
- This column will be auto-calculated in the ORS.
- The target’s percentage completion compared with the base year will be calculated from the “Figure or percentage in base year” (column 11), “Figure or percentage in target year” (column 13), and the “Figure or percentage in reporting year” (column 14) columns. Ensure you have entered data into these columns.
- E.g. if your target is to achieve 100% renewable energy consumption by 2025 compared with 40% renewable energy consumption in a base year of 2015, and in the reporting year you achieved 80% renewable energy, this column will display 66 as you have achieved 66% of your targeted increase in renewable energy compared with the base year.
- Negative values indicate a decrease in low carbon or renewable energy consumption or production compared to the base year.
- Values greater than 100 indicate that you have exceeded your target.
Target status in reporting year (column 16)
- New - Select this option for targets that have been set in the reporting year and are still in progress.
- Underway - Select this option for targets that were set before the reporting year, with a target year in the future, that have not been achieved and continue to be pursued.
- Achieved - Select this option for targets that have been achieved or exceeded in the reporting year.
- Expired - Select this option for targets with a target year of the reporting year, that have not been achieved and have therefore expired in the reporting year.
- Revised - Select this option for targets that were set before the reporting year but a revision has been made to any of the elements in columns 2 to 14 in the reporting year, for example due to a recalculation or a change to the target year.
- Replaced - Select this option for previously reported targets that have been replaced with another target in the reporting year, for example where a facility target has been incorporated into a company-wide target.
- Retired - Select this option for targets with a target year in the future, that have not been achieved, but will no longer be pursued. Provide more information as to why this target was retired in the “Please explain (including target coverage)” column.
Is this target part of an emissions target? (column 17)
- If the target is part of an emissions reduction target reported in C4.1a or C4.1b, enter the emissions reduction target reference number here.
Is this target part of an overarching initiative? (column 18)
- If the target is part of an overarching initiative, select the initiative or select “Other, please specify” to outline the initiative.
Please explain (including target coverage) (column 19)
- If the target does not apply to the whole organization (i.e. the target coverage is not “Company-wide”), provide further details of your target coverage in this column. E.g. if you have selected “Country/region” in column 3, please specify which countries/regions your target covers.
- If you reported a renewable energy consumption or production target in C4.2 last year and are reporting progress against the same target this year, indicate this in this column.
- You can use this column to identify where you have a financial year or average year based target.
- If your target was originally in a different format, you may wish to give the original target before it was converted into the format required for the purposes of this table.
- If your target is part of a wider carbon neutrality goal, a regulatory requirement, or a longer term target, you can also explain this here.
Explanation of terms
- Low-carbon energy: In line with the IEA definition, low-carbon technologies are technologies that produce low – or zero – greenhouse-gas emissions while operating. In the power sector this includes fossil-fuel plants fitted with carbon capture and storage, nuclear plants and renewable-based generation technologies. Natural gas, combined cycle gas turbine and fossil fuel-based combined heat and power (cogeneration), despite being less carbon intensive than other means of electricity production like coal, are not considered low-carbon.
- Renewable energy: CDP follows the definition of renewable energy given in the GHG Protocol, i.e. “energy taken from sources that are inexhaustible, e.g. wind, water, solar, geothermal energy and biofuels”.
Example response
The table below shows four low-carbon energy target examples:
- Low 1: a company-wide RE100 target to increase the proportion of electricity consumed from renewable sources from 30% to 100% within 10 years. This target is part of the company's absolute Scope 2 emissions reduction target reported in C4.1a.
- Low 2: a company-wide target to increase the proportion of heat consumed from low-carbon sources by 2% per year. This is a year-on-year rolling target that was set in 2010, therefore the target year is the current report year (2019), and the base year is the previous reporting year (2018).
- Low 3: a renewable electricity production target covering specifically the solar PV energy generation division of the business. The target status is revised in the reporting year due to an adjustment of the target year.
- Low 4: a business division-level intensity target covering only the square meter consumption of cooling at the company's data centers. This target is part of the company's Scope 2 emissions intensity target reported in C4.1b.
Target reference number
|
Year target was set
|
Target coverage
|
Target type: absolute or intensity
|
Target type: energy carrier
|
Target type: activity
|
Target type: energy source
|
Low 1
|
2015
|
Company-wide
|
Absolute
|
Electricity
|
Consumption
|
Renewable energy source(s) only
|
Low 2
|
2010
|
Company-wide
|
Absolute
|
Heat
|
Consumption
|
Low-carbon energy source(s)
|
Low 3
|
2015
|
Business division
|
Absolute
|
Electricity
|
Production
|
Renewable energy source(s) only
|
Low 4
|
2019
|
Business division
|
Intensity
|
Cooling
|
Consumption
|
Low-carbon energy source(s)
|
Metric (target numerator if reporting an intensity target)
|
Target denominator (intensity targets only)
|
Base year
|
Figure or percentage in base year
|
Target year
|
Figure or percentage in target year
|
Figure or percentage in reporting year
|
% of target achieved [auto-calculated]
|
Percentage
|
N/A
|
2015
|
30
|
2025
|
100
|
70
|
57
|
Percentage
|
N/A
|
2018
|
19
|
2019
|
21
|
21.5
|
125
|
MWh
|
N/A
|
2015
|
9,200
|
2025
|
18,400
|
15,640
|
70
|
kWh
|
square meter
|
2018
|
85
|
2030
|
500
|
85
|
0
|
Target status in the reporting year
|
Is this target part of an emissions target?
|
Is this target part of an overarching initiative?
|
Please explain (including target coverage)
|
Underway
|
Abs 2
|
RE100
|
In 2015 we joined the RE100 initiative and set a company-wide target to achieve 100% renewable electricity consumption within 10 years, from a base year of 30% renewable electricity consumption. By the reporting year, we had achieved 70% renewable electricity consumption, thus achieved 57% of our targeted increase in renewable electricity compared with the base year. The target is still underway. This target is part of our absolute Scope 2 emissions reduction target Abs 2.
|
Achieved
|
No
|
No, it’s not part of an overarching initiative
|
In 2010 we set a company-wide year-on-year target to increase the proportion of heat consumed from low-carbon sources by 2% per year. This was achieved in the 2019 reporting period, as by installing ground source heat pumps under 3 more of our farm houses, our low-carbon consumption increased by 2.5% compared with 2018.
|
Revised
|
No
|
No, it’s not part of an overarching initiative
|
In 2015 we set a 15-year target for our solar PV generation facilities to double their per annum electricity production (in MWh) by 2030, compared to 2015 levels. In the reporting year we revised this target to bring the target year forwards to 2025, as due to the decreased costs of solar PV equipment, we are already 70% of the way to achieving this target and should now achieve it before 2025.
|
New
|
Int 5
|
No, it’s not part of an overarching initiative
|
Our data centers require a significant amount of cooling. We have set a new target for the Data Centers Division to increase the average consumption of low-carbon cooling from 85 kWh per square meter to 500 kWh by 2030. On average, the annual energy consumption for our data centers is 2000kWh/m2, of which half is from cooling, therefore achievement of this target will allow them to run on around 50% low-carbon cooling. This is part of our company-wide Scope 2 energy intensity target, Int 5.
|
(C4.2b) Provide details of any other climate-related targets, including methane reduction targets.
Question dependencies
This question only appears if you select “Other climate-related target(s)” or “Target(s) to reduce methane emissions” in response to C4.2.
Change from 2019
Modified question (2019 C4.2)
Rationale
Other climate-related targets can be an
important element of organizations’ strategy to reduce their emissions. This
question increases transparency of corporate environmental commitments.
Connection to frameworks
TCFD
Metrics & Targets recommended disclosure a) Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process.
Metrics & Targets recommended disclosure c) Describe the targets used by the organization to manage climate related risks and opportunities and performance against targets.
SDG
Goal 7: Affordable and clean energy
Goal 12: Responsible consumption and production
Goal 13: Climate action
2018 RobecoSAM Corporate Sustainability Assessment (DJSI)
Climate-related targets
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Target reference number
|
Year target was set
|
Target coverage
|
Target type: absolute or intensity
|
Target type: category
|
Metric (target numerator if reporting an intensity target)
|
Target denominator (intensity targets only)
|
Oth1 – Oth100
|
Numerical field [enter a number between 1900- 2020]
|
Select from:
- Company-wide
- Business division
- Business activity
- Site/facility
- Country/region
- Product level
- Other, please specify
|
Select from:
|
Select from:
- Energy productivity
- Energy consumption or efficiency
- Renewable fuel production
- Renewable fuel consumption
- Waste management
- Resource consumption or efficiency
- Low-carbon vehicles
- Low-carbon buildings
- Land use change
- Methane reduction target
- Fossil fuel reduction target
- Engagement with suppliers
- Engagement with customers
- R&D investments
- Green finance
- Other, please specify
|
Select from drop-down options below
|
Select from drop-down options below
|
Base year
|
Figure or percentage in base year
|
Target year
|
Figure or percentage in target year
|
Figure or percentage in reporting year
|
% of target achieved
[auto-calculated]
|
Numerical field [enter a number between 1900- 2020]
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of 10 decimal places and no commas]
|
Numerical field [enter a number between 2000- 2100]
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of 10 decimal places and no commas]
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of 10 decimal places and no commas]
|
Percentage field [-999 to 999]
|
Target status in reporting year
|
Is this target part of an emissions target?
|
Is this target part of an overarching initiative?
|
Please explain (including target coverage)
|
Select from:
- New
- Underway
- Achieved
- Expired
- Revised
- Replaced
- Retired
|
Text field [maximum 2,400 characters [Emissions reduction target ID]
|
Select from:
- EP100
- EV100
- Below50 – sustainable fuels
- Science Based Targets initiative
- Reduce short-lived climate pollutants
- Remove deforestation
- Low-Carbon Technology Partnerships initiative
- No, it’s not part of an overarching initiative
- Other, please specify
|
Text field [maximum 2,400 characters]
|
[Add Row]
Metric (target numerator if reporting an intensity target) drop-down options:
Select one of the following options:
Energy productivity
- GDP
- USD ($) value-added
- units of revenue
- ounces of gold
- ounces of platinum
- metric tons of aggregate
- metric tons of aluminum
- metric tons of steel
- metric tons of cement
- metric tons of cardboard
- metric tons of product
- metric tons of ore processed
- square meters
- kilometers
- passenger kilometers
- revenue passenger kilometers
- liters of product
- units of production
- units of service provided
- square feet
- megawatt hours (MWh)
- barrel of oil equivalents (BOE)
- ton of oil equivalents (TOE)
- ton of coal equivalents (TCE)
- Other, please specify
Energy consumption or efficiency
- kWh
- MWh
- GJ
- million Btu
- boe
- toe
- tce
- Gcal
- Other, please specify
Renewable fuel production
- metric tons of solid biomass
- liters of liquid biofuel
- cubic meters of biogas
- cubic meters of hydrogen
- Other, please specify
Renewable fuel consumption
- metric tons of solid biomass
- liters of liquid biofuel
- cubic meters of biogas
- cubic meters of hydrogen
- Percentage of total fuel consumption that is from renewable sources
- Other, please specify
Waste management
- metric tons of waste diverted from landfill
- metric tons of waste recycled
- metric tons of waste reused
- metric tons of waste generated
- Percentage of total waste generated that is recycled
- Percentage of sites operating at zero-waste to landfill
- Other, please specify
Resource consumption or efficiency
- Percentage of paper from recycled or certified sustainable sources
- metric tons of paper consumed
- Percentage of plastic form recycled sources
- metric tons of plastic consumed
- Percentage of packaging from recycled or certified sustainable sources
- metric tons of packaging consumed
- Other, please specify
Low-carbon vehicles
- Percentage of low-carbon vehicles in company fleet
- Percentage of low-carbon vehicles sold
- Percentage of company fleet using biofuel
- Percentage of battery electric vehicles in company fleet
- Percentage of conventional hybrids in company fleet
- Percentage of plug-in hybrids in company fleet
- Percentage of fuel cell electric vehicles in company fleet
- Percentage of company facilities with electric vehicle infrastructure
- Other, please specify
|
Low-carbon buildings
- Percentage of net zero carbon buildings
- Percentage of net zero energy buildings
- Percentage of buildings with a green building certificate
- Other, please specify
Land use change
- hectares reforested
- hectares afforested
- hectares restored
- Percent of supply chain compliant with zero gross deforestation
- Other, please specify
Methane reduction target
- cubic meters of methane vented
- cubic meters of methane leaked
- cubic meters of methane flared
- Total methane emissions in m3
- Total methane emissions in CO2e
- Methane leakage rate (%)
- Other, please specify
Fossil fuel reduction target
- cubic meters of natural gas consumed
- metric tons of coal consumed
- barrels of oil consumed
- Percentage of fossil fuels in the fuel mix
- Other, please specify
Engagement with suppliers
- Percentage of suppliers disclosing their GHG emissions
- Percentage of suppliers setting emissions reduction targets
- Percentage of suppliers with a science-based target
- Percentage of suppliers actively engaged on climate-related issues
- Other, please specify
Engagement with customers
- Percentage of customers disclosing their GHG emissions
- Percentage of customers setting emissions reduction targets
- Percentage of customers with a science-based target
- Percentage of customers actively engaged on climate-related issues
- Other, please specify
R&D investments
- Percentage of annual revenue invested in R&D of low-carbon products/services
- US$ invested in R&D of low-carbon products/services
- Percentage of R&D budget/portfolio dedicated to low-carbon products/services
- Other, please specify
Green finance
- Total amount of green bonds outstanding (green bond ratio)
- Percentage of green bonds
- Total amount of green debt instruments outstanding (green debt ratio)
- Percentage of green debt instruments
- Green finance raised and facilitated (denominated in currency)
- Green investments (denominated in currency)
- Percentage of green investments
- Other, please specify
|
Target denominator (intensity targets only) drop-down options:
Select one of the following options:
- KWh
- MWh
- GJ
- Btu
- boe
- toe
- tce
- Gcal
- revenue passenger kilometer
- USD($) value-added
- square meter
- metric ton of aluminum
- metric ton of steel
- metric ton of cement
- metric ton of cardboard
- unit revenue
- unit FTE employee
- unit hour worked
- metric ton of product
- liter of product
- unit of production
- unit of service provided
- square foot
- kilometer
- passenger kilometer
- megawatt hour (MWh)
- barrel of oil equivalent (BOE)
- vehicle produced
- metric ton of ore processed
- ounce of gold
- ounce of platinum
- metric ton of aggregate
- billion (currency) funds under management
- hectare
- metric ton of waste
- liter of fuel
- year
- total amount of bonds outstanding at the end of the reporting period
- total amount of debt outstanding at the end of the reporting period
- Other, please specify
Requested content
General
- If you are a member of the EP100 and/or EV100 initiative, you can use this question to report on your progress towards achieving your target.
Target reference number (column 1)
- Select a unique target reference from the drop-down menu provided to identify this target in subsequent questions and to track progress against this target in subsequent reporting years.
Year target was set (column 2)
- Enter the year in which your company has set the target.
- This must be either before or during the reporting year, but cannot be after the reporting year. It also cannot be after the target year.
- For year-on-year rolling targets, enter the year that you first set the target. This can be before the base year.
- If the target was set based on financial years, enter the year that applies to the end of your financial year and specify this in the “Please explain (including target coverage)” column.
Target coverage (column 3)
- If your target applies to the whole organization, select “Company-wide”. Note that “company” refers collectively to all the companies, businesses, organizations, other entities or groups that fall within your definition of the reporting boundary.
- If your target does not relate to the whole organization, select the option that best describes the coverage of the target, and provide further details in the “Please explain (including target coverage)” column.
- E.g. if your target relates applies only to your office-based operations, select “Business activity”.
Target type: absolute or intensity (column 4)
- Select whether the target is an absolute or an intensity target, regardless of whether you measure it in absolute (e.g. MWh) or relative (%) values. E.g. if your target is to increase the percentage of low-carbon vehicles in the company fleet, select “absolute”.
Target type: category (column 5)
- Note that a selection must be made for both column 5 and column 6. Your data will not be saved if either column is left blank.
Metric (target numerator if reporting an intensity target) (column 6)
- Select the metric relevant to the target – for intensity targets this will be the target numerator.
- Note that only the options relative to the target category selected in column 5 will be displayed in the ORS.
- Note that a selection must be made for both column 5 and column 6. Your data will not be saved if either column is left blank.
Target denominator (intensity targets only) (column 7)
- Select the metric denominator of your climate-related intensity target. This column will only appear if you selected “Intensity” in column 4.
Base year (column 8)
- The base year is the year against which you are comparing your target
- If you have a year-on-year rolling target, your base year will be the previous reporting year.
- If you have a target based on financial years, enter the year that applies to the end of your financial year and specify this in the “Please explain (including target coverage)” column.
- If you have a target based on average emissions over a period of time (e.g. 5-year average), enter the year that applies to the end of the average period and specify this in the “Please explain (including target coverage)” column.
- You cannot have a base year that is in the future.
Figure or percentage in base year (column 9)
- Enter the base year value for your target. Note that this will be a percentage if you have selected any percentage option as your metric in column 6.
- E.g. if your target is to increase the percentage of low-carbon vehicles in the company fleet to 60% by a target year of 2021, compared with 40% low-carbon vehicles in the company fleet in a base year of 2016, enter 40 in this column.
Target year (column 10)
- If you have a year-on-year rolling target, your target year will be the reporting year.
- If you have a target based on financial years, enter the year that applies to the end of your financial year and specify in the “Please explain (including target coverage)” column.
- If you have a target based on an average over a period of time (e.g. 5-year average), enter the year that applies to the end of the average period and specify in the Please explain column.
Figure or percentage in target year (column 11)
- Enter the target year value for your target.
- E.g. if your target is to increase the percentage of low-carbon vehicles in your company fleet to 60% by a target year of 2021, compared with 40% low-carbon vehicles in the company fleet in a base year of 2016, enter 60 in this column.
Figure or percentage in reporting year (column 12)
- Enter the target year value for your target.
- E.g. if your target is to increase the percentage of low-carbon vehicles in your company fleet to 60% by a target year of 2021, compared with 40% low-carbon vehicles in the company fleet a base year of 2016, and in the reporting year you have achieved 55% low-carbon vehicles in the company fleet, enter 55 in this column.
% of target achieved [auto-calculated] (column 13)
- This column will be auto-calculated in the ORS.
- The target’s percentage completion compared with the base year will be calculated from the “Figure or percentage in base year” (column 9), “Figure or percentage in target year” (column 11), and the “Figure or percentage in reporting year” (column 12) columns. Ensure you have entered data into these columns.
- E.g. if your target is to increase the percentage of low-carbon vehicles in your company fleet to 60% by a target year of 2021, compared with 40% low-carbon vehicles in the company fleet in a base year of 2016, and in the reporting year you have achieved 55% low-carbon vehicles in the company fleet, this column will display 75, as you have achieved 75% of your targeted % increase in low-carbon vehicles compared with the base year
- Negative values indicate that you have made negative progress towards your target. E.g. in the above example, that you have reduced the percentage of low-carbon vehicles in the company fleet, when compared with the base year.
- Values greater than 100% indicate that you have exceeded your target.
Target status in reporting year (column 14)
- New - Select this option for targets that have been set in the reporting year and are still in progress.
- Underway - Select this option for targets that were set before the reporting year, with a target year in the future, that have not been achieved and continue to be pursued.
- Achieved - Select this option for targets which have been achieved or exceeded in the reporting year.
- Expired - Select this option for targets with a target year of the reporting year, that have not been achieved and have therefore expired in the reporting year.
- Revised - Select this option for targets that were set before the reporting year but a revision has been made in the reporting year, for example due to a recalculation or a change to the target year.
- Replaced - Select this option for previously reported targets that have been replaced with another target in the reporting year, for example where a facility target has been incorporated into a company-wide target.
- Retired - Select this option for targets with a target year in the future, that have not been achieved, but will no longer be pursued. Provide more information as to why this target was retired in the Please explain column.
Is this part of emissions target? (column 14)
- If the target is part of an emissions reduction target reported in C4.1a or C4.1b, please enter the emissions reduction target reference number here.
Is this target part of an overarching initiative? (column 15)
- If the climate-related target is part of an overarching initiative, select the initiative or select “Other, please specify” to outline the initiative.
Please explain (column 17)
- If the target does not apply to the whole organization (i.e. the target coverage is not “Company-wide”, provide further details of your target coverage in this column. E.g. if you have selected “Country/region” in column 3, please specify which countries/regions your target covers.
- You can use this column to identify where you have a financial year or average year based target.
- If your target is part of a wider carbon neutrality goal, a regulatory requirement, or a longer term target, you can also explain this here.
Note for oil and gas and coal sector:
- If you have a methane-specific emissions reduction target that was not reported in C4.1a/b, provide details of your methane-specific emissions reduction target in this question by selecting “Methane reduction target” in column 5.
Methane targets
(C-CO4.2c) Indicate which targets reported in C4.1a/b incorporate methane emissions, or if you do not have a methane-specific emissions reduction target for your coal mining activities, please explain why not and forecast how your methane emissions will change over the next five years.
Question dependencies
This question only appears if you did not select “Target(s) to reduce methane emissions” in response to C4.2.
Change from 2019
Minor change (2019 C-CO4.2a); Modified guidance; Revised question dependency
Rationale
Methane emissions from the coal sector are increasingly viewed as a financial, regulatory, and reputational issue for companies. Investors are therefore interested in increasing the transparency of methane reduction efforts which can be achieved by organizations reporting the methane targets they have in place and how they forecast that their methane emissions will change.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- If you have reported a separate methane-specific emissions reduction target in C4.1a/b, specify the target reference number(s) (from column 1 of C4.1a/b) here. A methane-specific target is any target to reduce specifically methane (CH4) emissions e.g. reduction of leakage, venting or flaring of methane.
- If methane emissions were incorporated into targets reported in C4.1a/b, specify the relevant target reference number(s) (from column 1 of C4.1a/b) and provide details of the methane reduction component of that target, including the percentage that methane emissions comprise in the total emissions covered by the target in the base year (column 6 of C4.1a and/or column 7 of C4.1b)
- If your organization does not have a methane-specific emissions reduction target for your coal mining activities, you are requested to provide a company-specific description regarding why not and provide information on how you forecast your methane emissions will change over the next five years here.
- If methane emissions are not applicable to your organization, please explain this here.
(C-OG4.2c) Indicate which targets reported in C4.1a/b incorporate methane emissions, or if you do not have a methane-specific emissions reduction target for your oil and gas activities, please explain why not and forecast how your methane emissions will change over the next five years.
Question dependencies
This question only appears if you did not select “Target(s) to reduce methane emissions” in response to C4.2.
Change from 2019
Minor change (2019 C-OG4.2a); Modified guidance; Revised question dependency
Rationale
Methane emissions from the oil and gas sector are increasingly viewed as a financial, regulatory, and reputational issue for companies. Investors are therefore interested in increasing the transparency of methane reduction efforts. This can be achieved by organizations reporting the methane targets they have in place and how they forecast that their methane emissions will change.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- If you have reported a separate methane-specific emissions reduction target in C4.1a/b, specify the target reference number(s) (from column 1 of C4.1a/b) here. A methane-specific target is any target to reduce specifically methane (CH4) emissions e.g. reduction of leakage, venting or flaring of methane.
- If methane emissions were incorporated into targets reported in C4.1a/b, specify the relevant target reference number(s) (from column 1 of C4.1a/b) and provide details of the methane reduction component of that target in the base year (column 6 of C4.1a and/or column 7 of C4.1b)
- If your organization does not have a methane-specific emissions reduction target for oil and gas activities, you are requested to provide a company specific description regarding why not and provide information on how you forecast your methane emissions will change over the next five years here.
- If methane emissions are not applicable to your organization, please explain this here.
Emissions reduction initiatives
(C4.3) Did you have emissions reduction initiatives that were active within the reporting year? Note that this can include those in the planning and/or implementation phases.
Change from 2019
No change
Rationale
The answer to this question enables CDP data users to understand your organization’s commitment to reducing emissions beyond business-as-usual scenario (beyond standard maintenance/replacement activities).
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Goal 13: Climate action
Response options
Select one of the following options:
Requested content
General
- It is acknowledged that maintenance activities can have a beneficial impact on carbon emissions. Only activities that have either been part of a defined program of emissions reduction activities or where additional investment beyond standard maintenance/replacement has been made for the purposes of reducing emissions should be reported here.
- It is acknowledged that diverse companies often have large number of emissions reduction initiatives operating over varying time periods and scales. You should answer this question in the context of the reporting year. This could include initiatives that have become operational within the reporting year (e.g. installation of new equipment, or instigation of new operational practices) or commitments that have been made in the reporting year (e.g. investments made which are yet to become fully operational).
- If you are reporting a market-based Scope 2 figure, you can reflect any renewable energy purchasing policies as a component of emissions reduction activities. Please bear in mind, however, that if you are already buying renewable energy instruments and accounting for them at a zero emissions factor, then emissions reduction activities can only be achieved as “additional purchases” to what you are already doing. Therefore, emissions reduction activities are established by comparing what you have done in the previous year and what you are proposing to do in the future.
- Measures taken to reduce Scope 3 emissions may be reported here.
- Initiatives do not need to relate to specific targets reported in C4.1a/b.
(C4.3a) Identify the total number of initiatives at each stage of development, and for those in the implementation stages, the estimated CO2e savings.
Question dependencies
This question only appears if you select “Yes” in response to C4.3.
Change from 2019
No change
Rationale
This question demonstrates to CDP data users your organization’s progress towards reducing emissions through implementing emissions reduction initiatives.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Goal 13: Climate action
Response options
Please complete the following table:
Stage of development
|
Number of initiatives
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Total estimated annual CO2e savings in metric tons CO2e (only for rows marked *)
|
Under investigation
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
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Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
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To be implemented*
|
|
|
Implementation commenced*
|
|
|
Implemented*
|
|
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Not to be implemented
|
|
|
Requested content
Stage of development (column 1)
- Report the initiatives in the following stages of development:
- Under investigation: A potential initiative to reduce emissions that is being evaluated but not yet approved by your company during the reporting year.
- To be implemented: An initiative to reduce emissions that has been approved for implementation by your company but its implementation has not yet commenced during the reporting year.
- Implementation commenced: An initiative to reduce emissions was started/activated in the reporting year, but by the end of the reporting period it was not yet fully active/functional in realizing emissions reductions.
- Implemented: An initiative that has fully come into effect in the reporting year e.g. it has become fully operational/functional in realizing CO2e savings.
- Not to be implemented: A potential initiative to reduce emissions that was evaluated but not pursued by your company during the reporting year.
- Companies should report on these stages of development in the context of the reporting year. Unless the project was new to one of the stages of development in the reporting year, it should not be reported.
Number of initiatives (column 2)
- Where there are no projects in a stage of development, state 0 (zero). This column should be completed for all rows.
Total estimated annual CO2e savings in metric tons CO2e (column 3)
- Enter the aggregated estimated annual emissions savings in metric tons CO2e in column 3 for all initiatives in those stages marked with an * (to be implemented, implementation commenced, and implemented).
- It is acknowledged that the CO2e savings will be an estimate. More detail is requested on individual initiatives (or programs of activity) that have been implemented in the reporting year in C4.3b. Initiatives do not need to relate to specific targets disclosed in the questionnaire.
(C4.3b) Provide details on the initiatives implemented in the reporting year in the table below.
Question dependencies
This question only appears if you select “Yes” in response to C4.3.
Change from 2019
Modified question
Rationale
CDP data users are interested in understanding how you are making progress towards your emissions reduction targets, as well as other emissions-reducing actions undertaken in the reporting year.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Goal 13: Climate action
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Initiative category
|
Initiative type
|
Estimated annual CO2e savings (metric tons CO2e)
|
Scope(s)
|
Voluntary/ Mandatory
|
Annual monetary savings (unit currency – as specified in C0.4)
|
Investment required (unit currency – as specified in C0.4)
|
Payback period
|
Estimated lifetime of the initiative
|
Comment
|
Select from:
- Energy efficiency in buildings
- Energy efficiency in production processes
- Waste reduction and material circularity
- Fugitive emissions reductions
- Low-carbon energy consumption
- Low-carbon energy generation
- Non-energy industrial process emissions reductions
- Company policy or behavioral change
- Transportation
- Other, please specify
|
Select from drop-down options below
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
|
Select all that apply:
- Scope 1
- Scope 2 (location-based)
- Scope 2 (market-based)
- Scope 3
|
Select from:
|
Numerical field [enter a number from 0-999,999,999,999,999 using no decimal places, and no commas]
|
Numerical field [enter a number from 0-999,999,999,999,999 using no decimal places, and no commas]
|
Select from:
- <1 year
- 1-3 years
- 4-10 years
- 11-15 years
- 16-20 years
- 21-25 years
- >25 years
- No payback
|
Select from:
- <1 year
- 1-2 years
- 3-5 years
- 6-10 years
- 11-15 years
- 16-20 years
- 21-30 years
- >30 years
- Ongoing
|
Text field [maximum 1,500 characters]
|
[Add Row]
Initiative type drop-down options:
Select one of the following options
Energy efficiency in buildings
- Insulation
- Maintenance program
- Draught proofing
- Solar shading
- Building Energy Management Systems (BEMS)
- Heating, Ventilation and Air Conditioning (HVAC)
- Lighting
- Motors and drives
- Combined heat and power (cogeneration)
- Other, please specify
Energy efficiency in production processes
- Waste heat recovery
- Cooling technology
- Process optimization
- Fuel switch
- Compressed air
- Combined heat and power (cogeneration)
- Wastewater treatment
- Reuse of water
- Reuse of steam
- Machine/equipment replacement
- Automation
- Electrification
- Smart control system
- Motors and drives
- Product or service design
- Other, please specify
Waste reduction and material circularity
- Waste reduction
- Product or service design
- Product/component/material reuse
- Product/component/material recycling
- Remanufacturing
- Other, please specify
Fugitive emissions reductions
- Agricultural methane capture
- Agricultural nitrous oxide reduction
- Landfill methane capture
- Oil/natural gas methane leak capture/prevention
- Refrigerant leakage reduction
- Carbon capture and storage/utilization (CCS/U)
- Other, please specify
|
Low-carbon energy consumption
- Solid biofuels
- Liquid biofuels
- Biogas
- Geothermal
- Hydropower
- Solar heating and cooling
- Solar PV
- Solar CSP
- Nuclear
- Wind
- Tidal
- Wave
- Fossil fuel plant fitted with CCS
- Low-carbon electricity mix
- Other, please specify
Low-carbon energy generation
- Solid biofuels
- Liquid biofuels
- Biogas
- Geothermal
- Hydropower
- Nuclear
- Solar heating and cooling
- Solar PV
- Solar CSP
- Wind
- Tidal
- Wave
- Fossil fuel plant fitted with CCS
- Other, please specify
Non-energy industrial process emissions reductions
- Process equipment replacement
- Process material substitution
- Process material efficiency
- Carbon capture and storage/utilization (CCS/U)
- Other, please specify
Company policy or behavioral change
- Supplier engagement
- Customer engagement
- Site consolidation/closure
- Change in procurement practices
- Resource efficiency
- Waste management
- Other, please specify
Transportation
- Business travel policy
- Teleworking
- Employee commuting
- Company fleet vehicle replacement
- Company fleet vehicle efficiency
- Other, please specify
|
Requested content
General
- Companies are asked to provide information on any emissions reduction initiatives made.
- There is no need to record every action – initiatives can be recorded on a programmatic level. Companies with large numbers of initiatives should prioritize those that have the potential to provide a meaningful contribution to emissions reductions.
- It is acknowledged that maintenance activities can have a beneficial impact on carbon emissions. Only those activities that have either been part of a defined program of emissions reduction initiatives or where additional investment beyond standard maintenance/replacement has been made for the purposes of reducing emissions should be reported here.
- Where initiatives are part of routine maintenance or necessary equipment replacement (e.g. necessary replacement of equipment that has an additional benefit in emissions reduction), enter the additional (premium) costs and additional monetary savings associated with the lower emissions model (if applicable).
- It should be noted that not all emissions reduction initiatives carry with them a significant cost – many initiatives, such as resource efficiency, have fairly negligible investment costs yet offer potentially high monetary savings. These initiatives should be included in the table, with the minimal investment required reflected in the “Investment required” column, and by selecting the payback of less than a year option (if this is the case).
Initiative category (column 1)
- Select the option from the drop-down list that best describes the initiative. Note that these are broad categories only, with more detailed options provided in the “Initiative type” column.
- Energy efficiency in buildings – Select this option for all energy efficiency initiatives relating to buildings, including those relating to the building fabric (e.g. insulation, draught-proofing, etc.) and those relating to building services (e.g. HVAC, BEMS etc.)
- Energy efficiency in production processes – Select this option for all energy efficiency initiatives relating to processes (e.g. waste heat recovery, process optimization, compressed air, combined heat and power, automation, smart control systems, product/service design to improve energy efficiency etc.)
- Waste reduction and material circularity – Select this option for circular economy and waste reduction initiatives (e.g. reuse, recycling, remanufacturing, product/service design to reduce waste etc.).
- Fugitive emissions reductions – Select this option for initiatives to reduce fugitive emissions (e.g. methane capture, agricultural nitrous oxide reductions, refrigerant leakage reduction etc.)
- Low-carbon energy consumption – Select this option for emissions reduction initiatives relating to increasing low-carbon energy consumption i.e. energy from renewable sources, nuclear plants and fossil-fuel plants fitted with carbon capture and storage. Note that if increasing low carbon energy consumption has been a component of your emissions reduction initiatives please also report the other accompanying information in C6.2,C6.3, C7.5 and C8.2e and read the information provided in the worked example of green power accounting.
- Low-carbon energy generation – Select this option for initiatives relating to the installation of low-carbon energy generating facilities (renewable, nuclear or fossil-fuel plants fitted with carbon capture and storage) at your own site or at others on behalf of your clients.
- Non-energy industrial process emissions reductions – Select this option only for initiatives to reduce emissions from industrial production processes which chemically or physically transform materials (e.g. CO2 from the calcinations step in cement manufacturing, CO2 from catalytic cracking in petrochemical processing, PFC emissions from aluminum smelting etc.)
- Company policy or behavioral change – Select this option for initiatives relating to a change in company policy (e.g. value chain engagement, a new procurement policy) or an organizational behavioral change (e.g. resource efficiency improvements such as reducing paper use, waste management improvements such as reducing food waste etc.). Note that changes in company transportation policies should not be reported here but under the initiative category “Transportation”
- Transportation – Select this option for initiatives relating to employee travel and commuting and the company fleet.
- Other, please specify – If none of the listed categories are applicable to your initiative, select this option and specify the initiative.
- Note that a selection must be made for both column 1 and column 2. Your data will not be saved if either column is left blank.
Initiative type (column 2)
- Select the type of initiative you have undertaken from the drop-down options provided. Note that only initiative types relative to the initiative category selected in the previous column will be displayed in the ORS.
- If none of the provided options are applicable to your initiative, select “Other, please specify” and provide details of the initiative type.
- Note that a selection must be made for both column 1 and column 2. Your data will not be saved if either column is left blank.
Estimated annual CO2e savings (metric tons CO2e) (column 3)
- Enter the expected annual CO2e savings in all emission Scopes, in metric tons, occurring with the initiative in place. It is acknowledged that this figure is likely to be an estimate.
- Where savings occur on a non-annual basis, average the savings so that an annual figure can be provided.
- Where the initiative has not been in place for the entire reporting period, estimate and report the emissions that would be saved in a 12-month period, so that an annual figure can be provided.
Scope(s) (column 4)
- Select the Scope(s) where the emission reductions are expected to occur.
- If the initiative covers multiple Scopes, select all Scopes where emissions reductions are expected to occur.
- If you select Scope 3, specify the Scope 3 category(-ies) in the “Comment” column.
Voluntary/Mandatory (column 5)
- Select whether the initiative is mandatory (i.e. to comply with regulation), or a voluntary initiative.
Annual monetary savings (unit currency – as specified in C0.4) (column 6)
- Enter the amount of monetary savings per year expected from the initiative (e.g. in reduced energy costs) once it is fully operational.
- The number entered should be appropriate to the currency selected in C0.4.
- Where savings occur on a non-annual basis, please average out so that an annual figure can be provided.
Investment required (unit currency – as specified in C0.4) (column 7)
- Enter the total investment required for the initiative over its lifetime.
- The number entered should be appropriate to the currency selected in question C0.4.
Payback period (column 8)
- The payback period reflects the time it takes for the investment made to be offset by the monetary savings from the initiative (Payback Period = Investment/Annual monetary savings).
- The payback period is not applicable (therefore select "No payback") if:
- the initiative does not require any investment and you have entered 0 (zero) in column 7 (Investment required (unit currency, as specified in C0.4)) AND/OR
- the initiative does not bring any monetary savings and you have entered 0 (zero) in column 6 (Annual monetary savings (unit currency – as specified in C0.4))
Estimated lifetime of the initiative (column 9)
- This column refers to the duration of cash flow savings from carbon mitigation investments. This data point, in years, allows data users to calculate the Internal Rate of Return of the project, also using the “Annual monetary savings,” “Investment required” and “Payback period” information.
- If you have multiple emissions reduction initiatives for each initiative type, select the median to answer this column.
Note for electric utility sector companies:
- For electric utilities, emissions reduction initiatives may include fuel switching at existing plants or investment in lower-emitting methods of generation. Please disclose this information if applicable.
Note for agricultural sector companies:
- Agricultural sector companies are specifically asked to report on initiatives implemented to reduce emissions from agricultural/forestry, processing/manufacturing activities. E.g.:
- Adoption of low impact agriculture/forestry practices
- Increased efficiency of energy use during manufacturing
- Reduced fleet use of fossil fuels or increased use of renewable fuels in transportation
Explanation of terms
- Building energy management system (BEMS): An integrated system comprising hardware, software, and services that leverage information and communication technology for monitoring, automating, and controlling energy consumption. Examples include smart meters and smart billing, data analytics, performance optimization and others.
- Low-carbon energy: In line with the IEA definition, low-carbon technologies are technologies that produce low – or zero – greenhouse-gas emissions while operating. In the power sector this includes fossil-fuel plants fitted with carbon capture and storage, nuclear plants and renewable-based generation technologies. Natural gas, combined cycle gas turbine and fossil fuel-based combined heat and power (cogeneration), despite being less carbon intensive than other means of electricity production like coal, are not considered low-carbon.
- Renewable energy: CDP follows the definition of renewable energy given in the GHG Protocol, i.e. “energy taken from sources that are inexhaustible, e.g. wind, water, solar, geothermal energy and biofuels.”
- Process emissions: emissions from industrial production processes which chemically or physically transform materials (e.g. CO2 from the calcinations step in cement manufacturing, CO2 from catalytic cracking in petrochemical processing, PFC emissions from aluminum smelting, etc.)
(C4.3c) What methods do you use to drive investment in emissions reduction activities?
Question dependencies
This question only appears if you select “Yes” in response to C4.3.
Change from 2019
No change
Rationale
This question provides data users with more transparency into your organization’s approach to realizing emissions reductions and progress towards targets.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Goal 13: Climate action
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Method
|
Comment
|
Select from:
- Compliance with regulatory requirements/standards
- Dedicated budget for energy efficiency
- Dedicated budget for low-carbon product R&D
- Dedicated budget for other emissions reduction activities
- Employee engagement
- Financial optimization calculations
- Internal price on carbon
- Internal incentives/recognition programs
- Internal finance mechanisms
- Lower return on investment (ROI) specification
- Marginal abatement cost curve
- Partnering with governments on technology development
- Other
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- This question is intended to gather information on the ways in which capital is directed towards emissions reduction activities within your company, and/or the way in which initiatives are identified. If your company uses an internal carbon price you are encouraged to report this here in addition to in C11.
Method (column 1)
- Select the types of methods that you employ to help to channel funds towards emissions reduction initiatives.
Comment (column 2) (optional)
- Provide additional details or examples as necessary.
Additional information
Marginal Abatement Cost Curves
- Marginal Abatement Cost Curves, or MACCs, provide a method of evaluating potential emissions reduction activities. They provide a visual comparison of the marginal abatement costs for different projects.
- MACCs can be generated to evaluate options at any level of organization – from individual business divisions, to the overall business and to sectors and countries, evaluating individual projects, programs or policies.
- Marginal abatement costs are calculated by dividing the costs of the project (calculated from the initial cost minus any savings made as a result of the project) by the greenhouse gas emissions saved over a specified investment timeframe.
- Those projects/initiatives on the “left hand side” of the
MACC are those where there are cost savings to be made over the lifetime of the
project as a result of the emissions savings made, and therefore, even without
a commitment to carbon reduction investment, should be implemented from a cost
saving point of view. Where the bars extend above the line, positive costs are
associated with the proposals. Here the MACC curve can be used to suggest the
lowest cost options for achieving a particular target. Using the example above,
savings of 9.5MtCO2 can be made at costs of less than €40/tonCO2.
- As with all evaluation methods,
the accuracy of the MACC will depend on that of the input data.
(C4.3d) Why did you not have any emissions reduction initiatives active during the reporting year?
Question dependencies
This question only appears if you select “No” in response to C4.3.
Change from 2019
No change
Rationale
Emissions reduction initiatives are crucial to meeting emissions targets and reducing negative environmental impacts. CDP data users need to know why you do not engage in the best practice of actively reducing your emissions.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Provide a company-specific explanation as to why you do not have any emissions reduction initiatives active in the reporting year, and if you have any plans to implement them in the future. If you plan to implement emissions reduction initiatives in the future, estimate a timeframe of when you will begin to implement them.
- If you do not have emissions reduction initiatives active in the reporting year because you have not identified any, provide more information regarding your process for identifying potential initiatives. E.g. if you investigated an area of organizational activities but the investigation did not result in potential initiatives, provide information on your investigations and explain why emissions reduction initiatives did not come to fruition.
Land management practices
Question C4.4 only applies to organizations with activities in the following sectors:
- Agricultural commodities
- Food, beverage & tobacco
- Paper & forestry
(C-AC4.4/C-FB4.4/C-PF4.4) Do you implement agriculture or forest management practices on your own land with a climate change mitigation and/or adaption benefit?
Question dependencies
This question only appears if you select “Own land only” or “Both own land and elsewhere in value chain only” in response to the “Agriculture/Forestry" row in C-AC0.6/C-FB0.6/C-PF0.6.
Change from 2019
No change
Rationale
This question gathers information on any management practices implemented in your farm or production unit with climate change benefits. This information is important for data users because it demonstrates that your organization is acting on either preventing, reducing, controlling, and/or adapting to the effects of climate change.
Response options
Select one of the following options:
Requested content
General
- Select ‘Yes’ if you have implemented/are in the process of implementing actions on your land with direct or indirect climate change benefits. These land management actions may have been adopted for either preventing, reducing, controlling, and/or adapting to effects of climate change.
- There is a wide variety of agricultural/forestry management practices that have either direct or indirect climate change mitigation and/or adaptation benefits. A list of common examples of these practices can be found in Appendix A of this document.
Explanation of terms
- Adaptation: adjustment to climate change current or expected effects so the consequences to the business and environment are alleviated and beneficial opportunities are realized.
- Mitigation: or "climate change mitigation" refers to efforts to reduce or prevent emission of greenhouse gases.
(C-AC4.4a/C-FB4.4a/C-PF4.4a) Specify the agricultural or forest management practice(s) implemented on your own land with
climate change mitigation and/or adaptation benefits and provide a corresponding emissions figure, if known.
Question dependencies
This question only appears if you select "Yes" in response to C-AC4.4/C-FB4.4/C-PF4.4.
Change from 2019
No change
Rationale
This question elicits specific and detailed information about the land management practices adopted by your organization. This information provides data users with an indication of how committed you are to mitigating and adapting to the effects of climate change. Demonstrating an understanding of climate-related benefits related to agricultural/forestry practices is best practice in this sector.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Management practice reference number
|
Management practice
|
Description of management practice
|
Primary climate change-related benefit
|
Estimated CO2e savings (metric tons CO2e)
|
Please explain
|
Select from:
- MP1
- MP2
- MP3
- MP4
- MP5
- MP6
- MP7
- MP8
- MP9
- MP10
- MP11
- MP12
- MP13
- MP14
- MP15
- MP16
- MP17
- MP18
- MP19
- MP20
|
Select from:
- Afforestation
- Agroforestry
- Biodiversity considerations
- Change in the topography or landscapes
- Composting
- Crop diversity
- Contour farming
- Crop rotation
- Diversifying farmer income
- Efficient equipment use
- Equipment maintenance and calibration
- Enhanced forest regeneration practices
- Fertilizer management
- Fire control
- Governmental or institutional policies and programs
- Green harvesting
- Integrated pest management
- Knowledge sharing
- Land use change
- Low carbon energy use
- Low tillage and residue management
- Livestock management
- Manure management
- Nitrogen-fixing plants as cover crop
- Organic farming
- Practices to increase wood production and forest productivity
- Permanent soil cover (including cover crops)
- Pest, disease and weed management practices
- Reducing energy use
- Reforestation
- Restoration
- Replacing fossil fuels by renewable energy sources
- Restoration of degraded lands and cultivated organic soils
- Rice management
- Seed variety selection
- Selective logging
- Selecting species to maximize carbon capture
- Species introduction
- Timing of farm operations
- Waste management
- Other, please specify
|
Text field [maximum
2,400 characters]
|
Select from:
- Emission reductions (mitigation)
- Increasing resilience to climate change (adaptation)
- Increase carbon sink (mitigation)
- Reduced demand for fossil fuel (adaptation)
- Reduced demand for fertilizers (adaptation)
- Reduced demand for pesticides (adaptation)
- Other, please specify
|
Numerical field [enter a number from 0-99,999,999,999 using a
maximum of 2 decimal places]
|
Text field [maximum
2,400 characters]
|
[Add Row]
Requested content
General
- If your organization undertakes many actions, please prioritize those that have had or/is expected to have the greatest benefit to your business (e.g. in reducing CO2e emissions, saving costs, increasing productivity).
Management practice reference number (column 1)
- Select an identifier for each of your management practices. This reference number shall be used to track progress on your specific project in the following years.
- You may report up to 20 management practices
Management practice (column 2)
- Select the option that best describes the management practice adopted by your organization. See Appendix A for details on each management practice listed
- If none of the options are applicable to your organization, select ‘Other, please specify’ and indicate the management practice that you have undertaken. If you need more than 40 characters, please use column 3 (Description of…)
Description of management practice (column 3)
- Provide a brief company-specific description of your practice, including the methods and tools used to implement it
- Indicate which parts of your business the management practice is applicable (e.g. company-wide, selected facilities or regions).
- Provide an explanation as to why you have chosen this practice and how you expect this to mitigate climate change effects and improve your business resilience
- Specify a timeframe for which you expect to receive benefits from the implementation of this practice
Primary climate change related benefit (column 4)
- Select the primary benefit (or expected benefit) provided by your action
- If none of the options are applicable to your organization, select ‘Other, please specify’ and indicate the primary climate change related benefit you expect to experience
Estimated CO2e savings (metric tons CO2e) (column 5)
- Provide an estimated CO2e savings figure associated with the action you selected in column 2 (Management practice). This should reflect the total CO2e in metric tons that has been saved (or is expected to be saved) due to the specific implemented practice
Please explain (column 6)
Specify and provide a description of the methods and tools used to calculate your figure reported in column 5, and indicate any exclusions
Explanation of terms
- Adaptation: adjustment to climate change current or expected effects so the consequences to the business and environment are alleviated and beneficial opportunities are realized.
- Mitigation: or "climate change mitigation" refers to efforts to reduce or prevent emission of greenhouse gases.
Example response
Management practice reference number
|
Management practice
|
Description of management practice
|
Primary climate change-related benefit
|
Estimated CO2e savings (metric tons CO2e)
|
Please explain
|
MP1
|
Permanent soil cover (including cover crops)
|
We
adopted cover crops for all our farms in Argentina, Uruguay and Brazil (85% of
our direct operations). We have implemented
cover-cropping practices because it reduces soil exposure/erosion, increases
soil organic matter content, improves water retention, soil structure and
overall soil health.
Benefits are already expected after the first year, in our case the
coming reporting year (2019).
|
Emissions reductions (mitigation)
|
287
|
We quantified the benefits of reducing our GHG emissions using the Cool
Farm Tool and included in the assessment all our farms where we currently use
cover crops. Results: 1437 kg CO2e
per hectare per year reduction in GHG emissions.
As we manage 200 hectares, we expect a total emissions reduction per year of 287
tCO2e.
|
Low-carbon products
(C4.5) Do you classify any of your existing goods and/or services as low-carbon products or do they enable a third party to avoid GHG emissions?
Change from 2019
No change
Rationale
This question provides valuable information to investors who are seeking to increase their investment in companies providing low-carbon and climate resilient goods and services.
Connection to other frameworks
SDG
Goal 13: Climate action
Response options
Select one of the following options:
Requested content
General
- There are various circumstances in which a company might consider that the use of its goods and services by others has the potential to reduce GHG emissions.
- For example, an insulation company might consider that the installation of its insulation in another organization’s premises might reduce the consumption of gas to heat the building, with the consequent reduction of GHG emissions from the property. Similarly, a consultancy providing advice services on energy efficiency/emissions reductions or a manufacturer producing a product with lower energy use requirements compared with equivalent products on the market could also consider themselves to reduce the GHG emissions of others.
- Note that a company generating renewable electricity and selling it to a third party would be an example of this. In this case, the third party would calculate their Scope 2 market-based emissions with a zero emissions factor and, providing that the grid average factor is not zero, this would enable that third party to avoid emissions.
Additional information
Low-carbon products
Why is CDP asking about low-carbon products?
- As the pressing need for reducing greenhouse gas emissions continues, investors are looking at different mechanisms to reduce the carbon intensity of their investments. In response to this, investors are signing up to the “Global Investor Statement on Climate Change”, which sets out the contribution that investors can make to increasing low-carbon and climate resilient investments. One way in which investors can take action is through the Low Carbon Investment (LCI) Registry, which is a publicly accessed online database of low-carbon and clean energy investments globally. In addition, legislative developments in certain jurisdictions are also accelerating the need for investors to show evidence that they are driving a transition towards a low-carbon economy.
- One of the challenges facing investors calculating their investments in companies which have low-carbon products is that there is no singular database in which companies can register their low carbon products or the percentage of their revenue generated through low carbon products. CDP has expanded its focus beyond avoided emissions to include low carbon products to address this vacuum, providing valuable information to investors who are seeking to increase the proportion of their portfolio invested in low carbon products.
How do you define a low-carbon product?
- Despite the increasing focus from investors on low-carbon products, there remains a level of ambiguity over the definition of what constitutes a ‘low-carbon product’. Instead there has been a greater focus on the benefits of their creation and use, one of which is aiding in the transition towards a low-carbon economy operating within the limits set out by leading climate scientists to ensure that global average temperature increase above pre-industrial level stays below 2°C.
- Taxonomies, such as the Climate Bonds Taxonomy, similarly function within this scientific parameter. At this stage, CDP encourages companies to use this parameter when evaluating whether a product is low carbon or not. Therefore, while CDP encourages the development of common definitions across global markets about what constitutes a ‘low-carbon product’, companies should evaluate their low-carbon products in relation to their contribution to a low-carbon economy. Different goods and services will have pertinent characteristics in which they can do this. This can include improving the energy efficiency of certain technologies so that they are consistent with avoiding dangerous climate change or contribute to the adaptation side of dangerous climate change, among others.
- While CDP does not want to constrict the definition of low-carbon products, they can be loosely defined as a product with low embedded emissions, while avoided emissions refer to a product/service that allows a third party to avoid emissions.
More information
Note for financial services sector companies:
- You should consider relevant low-carbon products such as green bonds, green infrastructure, green loans/mortgages, green insurance products, specialty climate-related risk advisory services and others.
(C4.5a) Provide details of your products and/or services that you classify as low-carbon products or that enable a third party to avoid GHG emissions.
Question dependencies
This question only appears if you select “Yes” in response to C4.5.
Change from 2019
Minor change; Modified question for FS only
Rationale
This question provides valuable information to investors who are seeking to increase their investment in companies providing low-carbon and climate resilient goods and services.
Connection to other frameworks
SDG
Goal 12: Responsible consumption and production
Goal 13: Climate action
2018 RobecoSAM Corporate Sustainability Assessment (DJSI)
Products
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Level of aggregation
|
Description of product/ Group of products
|
Are these low-carbon product(s) or do they enable avoided emissions?
|
Taxonomy, project, or methodology used to classify product(s) as low-carbon or to calculate avoided emissions
|
% revenue from low-carbon product(s) in the reporting year
|
[FINANCIAL SERVICES ONLY] % of total portfolio value
|
[FINANCIAL SERVICES ONLY] Asset classes/product types
|
Comment
|
Select from:
- Product
- Group of products
- Company-wide
|
Text field [maximum 2,400 characters]
|
Select from:
- Low-carbon product
- Avoided emissions
- Low-carbon product and avoided emissions
|
Select from:
- Low-Carbon Investment (LCI) Registry Taxonomy
- Climate Bonds Taxonomy
- The EU Taxonomy for environmentally sustainable economic activities
- Addressing the Avoided Emissions Challenge- Chemicals sector
- Evaluating the carbon-reducing impacts of ICT
- Estimating and Reporting the Comparative Emissions Impacts of Products (WRI)
- Green Bond Principles (ICMA)
- ISO 14040/44 Standards [Financial services only]
- Other, please specify
|
Numerical field [enter a number from 0-100 using a maximum of 2 decimal places and no commas]
|
Numerical field [enter a number from 0-100 using a maximum of 2 decimal places and no commas]
|
Select from:
Investing
- Fixed Income
- Listed Equity
- Private Equity
- Real estate/Property
- Infrastructure
- Commodities
- Forestry
- Hedge funds
- Mutual funds
- Fund of hedge funds
- Derivatives
- Other, please specify
Bank lending
- Corporate Loans
- Commercial Loans
- Retail Loans
- Commercial Mortgages
- Residential Mortgages
- Corporate Real Estate
- Asset Financing
- Project Finance
- Other, please specify
Insurance underwriting
- Property & Casualty
- Life
- Health
- Marine
- Reinsurance
- Other, please specify
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Level of aggregation (column 1)
- Select from the drop-down menu what level of aggregation you wish to report on in this row. For example, you may only produce one product that can be classified as ‘low carbon.’ In this case you may want to report at the product level of aggregation. Alternatively, if your company produces hundreds of low carbon products, you may wish to report at a company-wide level. Please note that you can add multiple rows to this table and report different levels of aggregation. For each row, please select the level of aggregation that is most appropriate to your stakeholders.
Description of product/ Group of products (column 2)
- Use this column to describe the product/s that you are disclosing in this row.
Are these low-carbon product(s) or do they enable avoided emissions? (column 3)
- Select from the drop-down options whether you are reporting on low carbon products and/or avoided emissions in this row. Often a product is either a low carbon product or allows a third party to avoid emissions. However, in some cases a product has the potential to be both a low carbon product and allow a third party to avoid emissions. In this case, please select the option ‘Low carbon product and avoided emissions.’ Please note that you should only select this option if the product/service fits into both classifications.
Taxonomy, project or methodology used to classify product/s as low carbon or to calculate avoided emissions (column 4)
- As investors seek to increase the proportion of their portfolio invested in low carbon products there is an effort to establish standardized methodologies. As for avoided emissions, methodologies to calculate avoided emissions are still in the infancy of their development. In the future CDP will refine the list of methodologies to best reflect those that are considered best practice.
- If you select “Other, please specify,” provide a label for the “Taxonomy, project or methodology used to classify product/s as low carbon or to calculate avoided emissions”.
% revenue from low carbon product(s) in the reporting year (column 5)
- State the proportion of your revenue during the reporting year from your products that you classify as low-carbon products or that enable a third party to avoid GHG emissions. Enter the figure for ‘revenue’ as would be declared in your financial statement (sometimes referred to a ‘turnover’ or ‘sales’). Under the International Financial Reporting Standard this would be the inflow of income arising in the course of an entity’s ordinary activities, with deductions made (such as for sales returns, allowances and discounts). This figure is commonly used by investors to assess the income-generating ability of a business.
[FINANCIAL SERVICES ONLY] % of total portfolio value
- Provide a percentage value for the proportion of products and/or services that you classify as low-carbon products or that enable a third party to avoid GHG emissions in relation to your total portfolio value. Portfolio value can be based on assets under management, total or outstanding commitments, premiums, committed capital and/or other.
[FINANCIAL SERVICES ONLY] Asset classes/product types
- Select from the dropdown list the asset classes that the products/services fall under. If there are other asset classes that are relevant to your organization but are not listed in the drop-down list, select “Other, please specify” and disclose the asset class.
- Note that you will be required to make two selections for this column. One for the activity and one for the asset class. Your data will not be saved if one selection is left blank.
Comment (column 6) (optional)
- You can use this text field to enter any other information that you consider relevant. This could include how you expect to change your investments in low carbon products, the estimated emissions savings from avoided emissions, or how you expect to meet stakeholder expectations.
- [Financial services only] Provide a description of the basis of your calculation for the % of total portfolio value.
Example response
Worked example of low-carbon products and products that allow third parties to avoid GHG emissions
There is a distinction between products that are low-carbon and products that allow third parties to avoid GHG emissions. While a product/service is often classified as either a low-carbon product or avoided emissions, they are not mutually exclusive concepts and, in some cases, maybe classified in both, although this is far more uncommon and it is most likely that your product/service will fall into one category. Please use the following examples to determine which category your products/services would fall into.
Example 1: Reporting a product that can be classified as a low-carbon product. Company A is a paper production company. It has a range of products that can be classified as low-carbon as these products have less carbon embedded in them.
Level of aggregation
|
Description of product/Group of products
|
Are these low-carbon product(s) or do they enable avoided emissions?
|
Taxonomy, project or methodology used to classify product(s) as low-carbon or to calculate avoided emissions
|
% revenue from low-carbon product(s) in the reporting year
|
Comment
|
Group
of products
|
We
have manufactured/sold printing paper and packaging materials that consist of
50% recycled material. These products can be classified as low-carbon products
because manufacturing of them requires less raw materials and therefore very
little emissions are embedded in the products.
|
Low-carbon product
|
Climate
Bonds Taxonomy
|
30
|
30%
of revenue is an estimate based on the ratio of recycled materials to raw
materials used in our products.
|
Example 2: Reporting a product that can be classified as a product that allows a third party to avoid GHG emissions. Company B is an automotive manufacturer. Its innovative energy-saving technologies, such as hybrid vehicles, are available throughout its product portfolio, allowing customers to select energy efficient models.
Level of aggregation
|
Description of product/ Group of products
|
Are these low-carbon product(s) or do they enable avoided emissions?
|
Taxonomy, project or methodology used to classify product/s as low-carbon or to calculate avoided emissions
|
% revenue from low-carbon product/s in the reporting year
|
Comment
|
Company-wide
|
Our
company has a wide range of eco-efficient automobiles available. We also have a
wide variety of energy-saving technologies, such as light-weight construction
and low-rolling resistance tires. We also offer a range of products that run on
alternative-energy.
|
Avoided
Emissions
|
Other:
ISO 14040, life cycle assessment
|
80
|
Since
2009, our company has been calculating the carbon footprint of new vehicles
associated with their production, use and disposal/ recycling, expressed in
CO2-equivalent. The data is then used to achieve further reductions in the carbon
footprint in all relevant vehicle models. We invested $50 million in 2017 into
research and development of energy-saving technologies.
|
Methane reduction efforts
(C-CO4.6) Describe your organization’s efforts to reduce methane emissions from your activities.
Change from 2019
No change
Rationale
Disclosing relevant information relating to your organization’s efforts to reduce methane emissions from your coal mining activities can reduce the financial and reputational risk facing investors. Significant uncertainty exists in quantifying coal organization's contributions to methane emissions and their efforts to reduce methane emissions, with investors and data users interested in learning about methane reduction projects and collaborative initiatives.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- If methane emissions are relevant to your organization’s operations, then provide a company-specific description of your efforts to reduce methane emissions from your coal mining activities, including information regarding methane reduction projects and collaborative initiatives.
- You will be able to provide information on your specific maintenance activities, e.g. leak detection and repair, in question C-CO4.7.
- If methane emissions are not relevant to your operations, please describe why not.
Methane reduction projects
- Describe examples of the efforts your organization is taking to reduce its methane emissions, referring to any relevant emissions reduction activities you may have reported elsewhere in your CDP response.
Collaborative initiatives to reduce methane emissions through mandatory and voluntary reduction programs
- Name any methane emissions reduction program(s) your organization participates in, and describe any focus areas or objectives, as well as any outcomes and achievements of your organization's participation.
- Also describe how the program relates to your organization's overall strategy for managing methane. Examples of voluntary methane emissions reduction programs include the US EPA Coalbed Methane Outreach Program.
- Indicate where more information on your participation is available for interested parties to access.
(C-EU4.6) Describe your organization’s efforts to reduce methane emissions from your activities.
Question dependencies
This question only appears if you select “Electricity generation”, “Gas storage transmission and distribution”, “Coal mining" and/or "Gas extraction and production” in response to C-EU0.7.
Change from 2019
Modified guidance
Rationale
Disclosing relevant information on your organization’s efforts to reduce methane emissions relating to your electric utility activities can reduce the financial and reputational risk facing companies and investors. Investors and other data users are interested in learning about methane reduction targets, projects and collaborative initiatives that companies have in place.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- This question requests information on how your organization approaches methane leak detection and repair (LDAR), or other methane leak detection methods, in order to gauge how effectively methane emissions are being reduced.
- If methane emissions are relevant to your organization’s operations, then describe using examples your organization’s efforts to reduce methane emissions from your electricity generation activities, including:
- Methane reduction targets;
- Methane reduction projects; and
- Collaborative initiatives to reduce methane emissions through mandatory and voluntary programs.
- If methane emissions are not relevant to your operations, please describe why not.
Methane reduction targets
- Outline if you have a methane-specific target that was active (ongoing or reached completion in the reporting year).
- If you have reported a separate methane-specific emissions reduction target in C4.1a/b, specify the target reference number(s) (from column 1 of C4.1a/b) here.
- If methane emissions were incorporated into targets reported in C4.1a/b, specify the relevant target reference number (from column 1 of C4.1a/b) and provide details of the methane reduction component of that target, including the percentage that methane emissions comprise in the total emissions covered by the target in the base year (column 6 of C4.1a and/or column 7 in C4.1b).
- If you have reported a methane-specific absolute and/or intensity target in C4.2b, specify the target reference number(s) (from column 1 of C4.2b) here.
Methane reduction projects
- Describe current and planned methane reduction projects, including efforts to implement methane leak detection and repair (LDAR).
- Describe the frequency, the methodology and, scope of your LDAR programs or other methane leak detection methods you employ.
- Frequency refers to how often a company observes its assets for leaks (e.g. monthly, quarterly, annually).
- Methodology is the process that the company uses to detect methane leaks, for example:
- Optimal gas imaging (OGI) cameras
- Handheld “sniffer” gas detectors
- Infrared thermal imaging (FLIR) camera
- Audio, Visual, Olfactory (AVO) inspections
- US EPA’s Method 21
- Colorado Regulation 7
- Canadian Council of Ministers of Environment (CCME) Environmental Code of Practice for Measurement and Control of Fugitive VOC Emissions from Equipment Leaks (Oct 1993)
- Canadian Association of Petroleum Producers (CAPP) Best Management Practice: Management of Fugitive Emissions at Upstream Oil and Gas Facilities
- EU Commission IPPC Directive (2008/1/EC) and Industrial Emissions Directive (IED, 2010/75/EU).
- Scope is the percentage of the company’s assets that are inspected under an LDAR or other methane leak detection program.
Methane emissions reduction program(s)
- Name the methane emissions reduction program(s) your organization participates in, and describe any focus areas or objectives, as well as any outcomes and achievements of your organization's participation.
- Describe how the program relates to your organization's overall strategy for managing methane in the electric utility value chain. Examples include: The Global Methane Initiative (GMI), ONE Future and the US EPA Natural Gas STAR Program.
- Finally, please indicate where more information on your participation is available for interested parties to access.
(C-OG4.6) Describe your organization’s efforts to reduce methane emissions from your activities.
Change from 2019
No change
Rationale
Methane emissions represent significant direct emissions from oil and gas activities. Disclosing relevant information relating to your organization’s efforts to reduce methane emissions from your oil and gas activities can reduce the financial and reputational risk facing investors. Investors and other data users are interested in learning about methane reduction projects and collaborative initiatives.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- If methane emissions are relevant to your organization’s operations, then provide a company specific description of your organizations efforts to reduce methane emissions from your oil and gas activities, including:
Methane reduction projects
- Describe examples of the efforts your organization is taking to reduce its methane emissions, referring to any relevant emissions reduction activities you may have reported elsewhere in your CDP response.
Collaborative initiatives to reduce methane emissions through mandatory and voluntary reduction programs
- Please name any methane emissions reduction program(s) your organization participates in, and describe any focus areas or objectives, as well as any outcomes and achievements of your organization's participation.
- Please also describe how the program relates to your organization's overall strategy for managing methane. Examples of voluntary methane emissions reduction programs include:
- The Climate & Clean Air Coalition (CCAC) Oil & Gas Methane Partnership.
- The Global Methane Initiative (GMI).
- US EPA Natural Gas STAR Program.
- US EPA Coalbed Methane Outreach Program.
- Our Nation’s Energy (One) Future Coalition.
- Please indicate where more information on your participation is available for interested parties to access.
- You will be able to provide information on your specific maintenance activities, e.g. leak detection and repair, in question C-OG4.7.
- If methane emissions are not relevant to your operations, please describe why not.
Leak detection and repair
(C-CO4.7) Does your organization conduct leak detection and repair (LDAR) or use other methods to find and fix fugitive methane emissions from coal mining activities?
Change from 2019
No change
Rationale
Investors are interested in how organizations approach methane leak detection and repair (LDAR), or other methane leak detection methods, in order to gauge how effectively methane emissions are being reduced.
Response options
Select one of the following options:
- Yes
- No, we do not have a program in place
- No, this is not relevant to our operations
(C-CO4.7a) Describe the protocol through which methane leak detection and repair or other methane leak detection methods are conducted for your coal mining activities, including predominant frequency of inspections, estimates of assets covered, and methodologies employed.
Question dependencies
This question only appears if you select “Yes” in response to C-CO4.7.
Change from 2019
No change
Rationale
Investors are interested in how organizations approach methane leak detection and repair (LDAR), or other methane leak detection methods, in order to gauge how effectively methane emissions are being reduced. This question provides information to data users with further information on the methods used to detect methane leaks.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Describe, providing a company-specific description and using examples, the frequency, the methodology, and the scope of your LDAR programs or other methane leak detection methods you employ.
- Frequency refers to how often a company observes its assets for leaks (e.g. monthly, quarterly, annually).
- Methodology is the process that the company uses to detect methane leaks, for example;
- Optimal gas imaging (OGI) cameras
- Handheld “sniffer” gas detectors
- Infrared thermal imaging (FLIR0 camera)
- Drone-based monitors
- Predictive analytics
- Audio, Visual, Olfactory (AVO) inspections
- US EPA’s Method 21
- Canadian Council of Ministers of Environment (CCME) Environmental Code of Practice for Measurement and Control of Fugitive VOC Emissions from Equipment Leaks (Oct 1993)
- Scope is the percentage of the company’s assets that are inspected under an LDAR or other methane leak detection program.
(C-CO4.7b) Explain why not and whether you plan to conduct methane leak detection and repair or adopt other methods to find and fix fugitive methane emissions from your coal mining activities.
Question dependencies
This question only appears if you select “No, we do not have a program in place” or “No, this is not relevant to our operations” in response to C-CO4.7.
Change from 2019
No change
Rationale
For many reasons, organizations with oil and gas production activities may not have a program in place to reduce methane emissions using LDAR. This question is developed to provide investors with information on why organizations with coal activities do not have an LDAR program in place.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- If methane emissions are not relevant to your organization’s operations, please explain why not here.
- If methane emissions are relevant, please provide a company-specific description of why you do not conduct LDAR (or other methods).
- Explain whether you plan to implement LDAR or other methods to fix and find methane emissions.
- If you are planning to implement LDAR or other methods to fix and find methane emissions, then describe these plans and provide implementation timelines.
(C-OG4.7) Does your organization conduct leak detection and repair (LDAR) or use other methods to find and fix fugitive methane emissions from oil and gas production activities?
Change from 2019
No change
Rationale
Investors are interested to understand how companies approach methane leak detection and repair (LDAR) or other methane leak detection methods, in order to gauge how effectively methane emissions are being reduced.
Response option
Select one of the following options:
- Yes
- No, we do not have a program in place
- No, this is not relevant to our operations
(C-OG4.7a) Describe the protocol through which methane leak detection and repair or other leak detection methods, are conducted for oil and gas production activities, including predominant frequency of inspections, estimates of assets covered, and methodologies employed.
Question dependencies
This question only appears if you select “Yes” in response to C-OG4.7.
Change from 2019
No change
Rationale
Investors are interested to understand how companies approach methane leak detection and repair (LDAR) or other methane leak detection methods, in order to gauge how effectively methane emissions are being reduced.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Please describe, providing a company specific description and using examples, the frequency, the methodology, and the scope of your LDAR programs or other methane leak detection methods you employ:
- Frequency refers to how often a company observes its assets for leaks (e.g. monthly, quarterly, annually).
- Methodology is the process that the company uses to detect methane leaks, for example:
- Optimal gas imaging (OGI) cameras
- Handheld “sniffer” gas detectors
- Infrared thermal imaging (FLIR) camera
- Drone-based monitors
- Predictive analytics
- Audio, Visual, Olfactory (AVO) inspections
- US EPA’s Method 21
- Colorado Regulation 7
- Canadian Council of Ministers of Environment (CCME) Environmental Code of Practice for Measurement and Control of Fugitive VOC Emissions from Equipment Leaks (Oct 1993)
- Canadian Association of Petroleum Producers (CAPP) Best Management Practice:
- Management of Fugitive Emissions at Upstream Oil and Gas Facilities
- EU Commission IPPC Directive (2008/1/EC) and Industrial Emissions Directive (IED, 2010/75/EU)
- Scope is the percentage of the company’s assets that are inspected under an LDAR or other methane leak detection program.
- If your organization can, then please explain:
- What is the incidence rate of leaks?
- What are the main causes of leaks?
- How quickly are the leaks fixed?
(C-OG4.7b) Explain why you do not conduct LDAR or use other methods to find and fix fugitive methane emissions, and whether you have a plan to do so from your oil and gas production activities.
Question dependencies
This question only appears if you select “No, we do not have a program in place” or “No, this is not relevant to our operations” in response to C-OG4.7.
Change from 2019
No change
Rationale
It may be the case that an organization with oil and gas production activities does not have a program in place to reduce methane emissions using LDAR. This question is developed to provide investors with information on why organizations with oil and gas activities do not have an LDAR program in place.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- If methane emissions are not relevant to your organization’s operations, please explain why not here.
- If methane emissions are relevant, please provide a company specific description of why you do not conduct LDAR (or other methods) to find and fix fugitive methane emissions.
- Explain whether you plan to implement LDAR or other methods to fix and find methane emissions.
- If you are planning to implement LDAR or other methods to fix and find methane emissions, then describe these plans and provide implementation timelines.
Flaring reduction efforts
(C-CO4.8) If flaring is relevant to your coal mining operations, describe your organization’s efforts to reduce flaring, including any flaring reduction targets.
Change from 2019
No change
Rationale
Flaring of gas contributes to climate change and impacts the environment through emissions of CO2 and other pollutants while wasting a valuable energy resource, hence investors are interested in learning about organizations’ efforts to reduce flaring.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Flaring can occur in the coal industry for many reasons, ranging from initial start-up testing of a facility to unplanned equipment malfunctions.
- Flaring includes emissions of CO2, CH4, and N2O from elevated flares, ground flares, emergency flares, well-testing and well work-over.
- If flaring of methane/coal bed methane is relevant to your organization’s operations, please describe, using company-specific examples, efforts to reduce flaring, including:
- Flaring reduction targets;
- Flaring reduction projects; and
- Involvement in voluntary programs.
- If flaring is not relevant to your operations, please explain why it is not.
(C-OG4.8) If flaring is relevant to your oil and gas production activities, describe your organization’s efforts to reduce flaring, including any flaring reduction targets.
Change from 2019
No change
Rationale
Flaring of gas contributes to climate change and impacts the environment through emissions of CO2 and other pollutants while wasting a valuable energy resource, hence investors are interested in learning about organization’s efforts to reduce flaring.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Flaring can occur in the oil and gas industry for many reasons, ranging from initial start-up testing of a facility to unplanned equipment malfunctions.
- Flaring includes emissions of CO2, CH4, and N2O from elevated flares, ground flares, emergency flares, well-testing and well work-over.
- If flaring of natural gas is relevant to your organization’s operations, please describe, using company-specific examples, any efforts to reduce flaring, including:
- Flaring reduction targets;
- Flaring reduction projects; and
- Involvement in voluntary programs, for example the World Bank’s Global Gas Flaring Reduction Partnership (GGFR) and “Zero Routine Flaring by 2030” initiative.
- If flaring is not relevant to your operations, please explain why it is not.
Best available techniques: Cement
(C-CE4.9) Disclose your organization’s best available techniques as a percentage of Portland cement clinker production capacity.
Question dependencies
This question only appears if you select ‘Clinker Production’ in C-CE0.7
Change from 2019
No change
Rationale
The purpose of this question is to achieve a reasonable indication of the level of adoption of Best Available Techniques (BAT) in the sector. CDP recognizes that this should not be taken as a proxy for overall efficiency and productivity in an organization. Nonetheless, this information is useful in understanding the general adoption status of BAT in the organization and across the sector.
Response options
Please complete the following table:
Technique
|
Total production capacity coverage (%)
|
4+ cyclone preheating
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Pre-calciner
|
|
Requested content
General
- Complete this table for each of the techniques in column 1.
- These technologies apply to clinker production from cement kilns.
Total production capacity coverage (%) (column 2)
- Using this numerical field, enter the percentage of your total kiln capacity that utilizes the technique listed in column 1, using a value between 0-100, and no more than 2 decimal places.
- All kiln capacity should be recognized, including kilns for which these technologies cannot be installed. For example, if your organization owns 5 Mt of wet kiln clinker capacity and 5 Mt of dry kiln clinker capacity, of which 50% has cyclone preheating of 4 or more stages, then you should enter 25 in the first row.
- These two technologies are not mutually exclusive, i.e. the sum of both figures provided can be over 100.
Explanation of terms
- Best available technique (BAT): Best available technique (BAT) refers to the available techniques which are the best for preventing or minimizing emissions and impacts on the environment. BAT include both the technology used, and the way your installation is designed, built, maintained, operated and decommissioned.
Additional information
Best available techniques: Steel
(C-ST4.9) Disclose your organization’s best available techniques as a percentage of total plant capacity.
Change from 2019
No change
Rationale
The purpose of this question is to achieve a reasonable indication of the level of adoption of Best Available Techniques (BAT) in the sector. CDP recognizes that this should not be taken as a proxy for overall efficiency and productivity in an organization. Furthermore, the adoption of some technologies is dependent on various site or market conditions, which is why we provide the opportunity for explanation. Nonetheless, this information is useful in understanding the general landscape and adoption status of BAT in the organization and across the sector, and the reasons behind their limitations.
Response options
Please complete the following table:
Technique/Process*
|
% of total plant capacity
|
Primary reason for not having technique
|
Comment
|
Coke oven: Coke dry quenching
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Select from:
- Other priorities are being met first
- Payback period considered too long
- Improvement potential considered insignificant
- Considered infeasible due to site-specific conditions
- Other, please specify
|
Text field [maximum 2,400 characters]
|
Coke oven: Coal moisture control process
|
|
|
|
Coke oven: Programmed heating
|
|
|
|
Sinter plant: Sinter cooler exhaust gas waste heat recovery
|
|
|
|
Sinter plant Sinter strand waste-gas recycling
|
|
|
|
Sinter plant: Use of waste fuels in sinter mixture
|
|
|
|
Blast furnace: Injection of pulverized coal, biomass or wastes
|
|
|
|
Blast furnace: Top recovery turbine
|
|
|
|
Blast furnace: Recuperator (air preheating) hot-blast stoves
|
|
|
|
Blast furnace: Computer aided control system for hot-blast stoves
|
|
|
|
Blast furnace: Slag granulation for cement industry
|
|
|
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Basic oxygen furnace: BOF gas and sensible heat recovery
|
|
|
|
Basic oxygen furnace: Vessel bottom stirring
|
|
|
|
Basic oxygen furnace: Programmed and preheated ladles
|
|
|
|
Electric arc furnace: Scrap preheating
|
|
|
|
Electric arc furnace: Oxy-fuel burners
|
|
|
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Electric arc furnace: Oxygen blowing for liquid steel oxidation or post combustion
|
|
|
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Electric arc furnace: Integrated, real-time process control and monitoring systems
|
|
|
|
Casting: Absence of soaking pits and primary rolling of ingots
|
|
|
|
Casting: Near net shape casting, e.g. thin slab, thin strip, etc.
|
|
|
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Hot rolling mill: Hot charging
|
|
|
|
Hot rolling mill: Recuperative/regenerative burners
|
|
|
|
Hot rolling mill: Walking beam furnace
|
|
|
|
Hot rolling mill: Variable speed drives on combustion air fans of reheat furnace
|
|
|
|
Integrated steel mill: Combined heat and power/cogeneration plant
|
|
|
|
Integrated steel mill: Energy monitoring and management system
|
|
|
|
Other
|
|
|
|
*Techniques/processes appear based on the corresponding selections made in C-ST0.7
Requested content
General
- Complete this table for each of the techniques/process in column 1.
- Enter information for the reporting year.
- If “Other” is selected, please elaborate in column 4.
% of total plant capacity (column 2)
- Using this numerical field enter the percentage of your total plant capacity that utilizes the technique/process listed in column 1, using a value between 0-100, and no more than 2 decimal places.
Primary reason for not having techniques (column 3)
- From the drop-downs presented, select the primary reason for not having the technique/process listed in column 1.
- If you select “Other, please specify,” provide a label for the Primary reason for not having technique.
- For techniques that you use, select “Other, please specify” and enter “Not applicable”.
Comment (column 4) (optional)
- Using this text field, you may expand on the primary reason selected in column 3, or list further reasons.
- You may wish to outline whether you have plans to implement the process/technique listed in column 1.
Explanation of terms
-
Best available technique (BAT): Best available techniques (BAT) refer to the available techniques which are the best for preventing or minimizing emissions and impacts on the environment. BAT include both the technology used, and the way your installation is designed, built, maintained, operated and decommissioned.
Additional information
C5 Emissions methodology
Module Overview
A meaningful and consistent comparison of emissions over time is essential for managing climate-related issues. This module allows companies to provide the base year and base year emissions figure and provide details of the standard, protocol, or methodology used to collect activity data and calculate emissions.
Key changes
- No key changes.
- Click here for a list of all changes made this year.
Pathway diagram - questions
This diagram shows the general questions contained in module C5. To access question-level guidance, use the menu on the left to navigate to the question.
Pathway diagram - questions for minimum version questionnaire
This diagram shows the questions contained in module C5 that are included in the minimum version of the questionnaire. To access question-level guidance, use the menu on the left to navigate to the question.
Base year emissions
(C5.1) Provide your base year and base year emissions (Scopes 1 and 2).
Change from 2019
No change
Rationale
A meaningful and consistent comparison of emissions over time requires that companies set a performance datum with which to compare current emissions.
Response options
Please complete the following table:
Scope
|
Base year start
|
Base year end
|
Base year emissions (metric tons CO2e)
|
Comment
|
Scope 1
|
Use the calendar button or enter dates manually in the format DD/MM/YYYY
|
Use the calendar button or enter dates manually in the format DD/MM/YYYY
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places and no commas]
|
Text field [maximum 2,400 characters]
|
Scope 2 (location-based)
|
|
|
|
|
Scope 2 (market-based)
|
|
|
|
|
Requested content
General
- This question requests a base year for your greenhouse gas inventory. This may be the same as the base year for your targets, but not necessarily. If your organization has changed structurally through acquisitions and/or divestments, the methodology or boundary used to calculate your emissions has changed, you have found significant errors in previous calculations, or if there have been changes to your excluded sources, you should recalculate your base year emissions so that they can be directly compared with your current/reporting year emissions.
- If your company has measured its emissions in the past, you can use the oldest year for which it has available emissions information – preferably verified or assured – as your base year. If your company is measuring its emissions for the first time, you may choose the current reporting year as the base year.
- The GHG Protocol Corporate Standard suggests that structural changes in an organization should trigger a recalculation of base year emissions. A company may, however, decide not to do this if the new emissions are not material or significant. It is up to each company to determine the threshold for what is considered significant or material.
- Companies should ensure that the base year inventory includes both a location-based and market-based Scope 2 total, if applicable and feasible. This ensures “like with like” comparisons over time. If the Scope 2 base year chosen was calculated only according to the location-based method, you should also recalculate and report a market-based total if contractual information or residual mix totals are available for the base year. If not, you should state in the comment field that the location-based result has been used as a proxy since a market-based figure cannot be calculated.
- If you are using the Export/Import functionality, please check that the imported date is correct.
Additional information
- Setting a base year: Setting a base year is an essential GHG accounting step that a company must take to be able to observe trends in its emissions information. According to the GHG Protocol Corporate Standard, a base year is “a historic datum (a specific year or an average over multiple years) against which a company’s emissions are tracked over time.” See Chapter 5 of the GHG Protocol Corporate Standard for more information on setting and recalculating a base year.
Emissions methodology
(C5.2) Select the name of the standard, protocol, or methodology you have used to collect activity data and calculate emissions.
Change from 2019
Minor change
Rationale
CDP data users need to understand what methods have been used to calculate emissions.
Response options
Select all that apply from the following options:
- ABI Energia Linee Guida
- Act on the Rational Use of Energy
- American Petroleum Institute Compendium of Greenhouse Gas Emissions Methodologies for the Oil and Natural Gas Industry, 2009
- Australia - National Greenhouse and Energy Reporting Act
- Bilan Carbone
- Brazil GHG Protocol Programme
- Canadian Association of Petroleum Producers, Calculating Greenhouse Gas Emissions, 2003
- China Corporate Energy Conservation and GHG Management Programme
- Defra Voluntary Environmental Reporting Guidelines: Including streamlined energy and carbon reporting guidance, 2019
- ENCORD: Construction CO2e Measurement Protocol
- Energy Information Administration 1605(b)
- Environment Canada, Sulphur hexafluoride (SF6) Emission Estimation and Reporting Protocol for Electric Utilities
- Environment Canada, Aluminum Production, Guidance Manual for Estimating Greenhouse Gas Emissions
- Environment Canada, Base Metals Smelting/Refining, Guidance Manual for Estimating Greenhouse Gas Emissions
- Environment Canada, Cement Production, Guidance Manual for Estimating Greenhouse Gas Emissions
- Environment Canada, Primary Iron and Steel Production, Guidance Manual for Estimating Greenhouse Gas Emissions
- Environment Canada, Lime Production, Guidance Manual for Estimating Greenhouse Gas Emissions
- Environment Canada, Primary Magnesium Production and Casting, Guidance Manual for Estimating Greenhouse Gas Emissions
- Environment Canada, Metal Mining, Guidance Manual for Estimating Greenhouse Gas Emissions
- EPRA (European Public Real Estate Association) guidelines, 2011
- EPRA (European Public Real Estate Association) Sustainability Best Practice recommendations Guidelines, 2017
- European Union Emission Trading System (EU ETS): The Monitoring and Reporting Regulation (MMR) – General guidance for installations
- European Union Emissions Trading System (EU ETS): The Monitoring and Reporting Regulation (MMR) – General guidance for aircraft operators
- French methodology for greenhouse gas emissions assessments by companies V4 (ADEME 2016)
- Hong Kong Environmental Protection Department, Guidelines to Account for and Report on Greenhouse Gas Emissions and Removals for Buildings, 2010
- ICLEI Local Government GHG Protocol
- IEA CO2 Emissions from Fuel Combustion
- India GHG Inventory Programme
- International Wine Industry Greenhouse Gas Protocol and Accounting Tool
- IPCC Guidelines for National Greenhouse Gas Inventories, 2006
- IPIECA's Petroleum Industry Guidelines for reporting GHG emissions, 2003
- IPIECA’s Petroleum Industry Guidelines for reporting GHG emissions, 2nd edition, 2011
- ISO 14064-1
- Japan Ministry of the Environment, Law Concerning the Promotion of the Measures to Cope with Global Warming, Superseded by Revision of the Act on Promotion of Global Warming Countermeasures (2005 Amendment)
- Korea GHG and Energy Target Management System Operating Guidelines
- New Zealand - Guidance for Voluntary, Corporate Greenhouse Gas Reporting
- Philippine Greenhouse Gas Accounting and Reporting Programme (PhilGARP)
- Programa GEI Mexico
- Recommendations for reporting significant indirect emissions under Article 173-IV (ADEME 2018)
- Regional Greenhouse Gas Initiative (RGGI) Model Rule
- Smart Freight Centre: GLEC Framework for Logistics Emissions Methodologies
- Taiwan - GHG Reduction Act
- Thailand Greenhouse Gas Management Organization: The National Guideline Carbon Footprint for organization
- The Climate Registry: Electric Power Sector (EPS) Protocol
- The Climate Registry: General Reporting Protocol
- The Climate Registry: Local Government Operations (LGO) Protocol
- The Climate Registry: Oil & Gas Protocol
- The Cool Farm Tool
- The GHG Indicator: UNEP Guidelines for Calculating Greenhouse Gas Emissions for Businesses and Non-Commercial Organizations
- The Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (Revised Edition)
- The Greenhouse Gas Protocol Agricultural Guidance: Interpreting the Corporate Accounting and Reporting Standard for the Agricultural Sector
- The Greenhouse Gas Protocol: Public Sector Standard
- The Greenhouse Gas Protocol: Scope 2 Guidance
- The Tokyo Cap-and Trade Program
- Toitū carbonreduce programme
- Toitū carbonzero programme
- US EPA Center for Corporate Climate Leadership: Direct Fugitive Emissions from Refrigeration, Air Conditioning, Fire Suppression, and Industrial Gases
- US EPA Center for Corporate Climate Leadership: Indirect Emissions From Events and Conferences
- US EPA Center for Corporate Climate Leadership: Indirect Emissions From Purchased Electricity
- US EPA Center for Corporate Climate Leadership: Direct Emissions from Stationary Combustion Sources
- US EPA Center for Corporate Climate Leadership: Direct Emissions from Mobile Combustion Sources
- US EPA Mandatory Greenhouse Gas Reporting Rule
- US EPA Emissions & Generation Resource Integrated Database (eGRID)
- VfU (Verein fur Umweltmanagement) Indicators Standard
- WBCSD: The Cement CO2 and Energy Protocol
- World Steel Association CO2 emissions data collection guidelines
- Other, please specify
Requested content
General
- There are a variety of standards, methodologies, and protocols available for collecting and reporting GHG data, but the large majority of companies refer to the GHG Protocol.
- The appropriateness of an emissions calculation methodology should be determined on a case-by-case basis, and it is good practice for the methods used to estimate emissions and the underlying data to be externally verified.
- CDP makes no judgments on standards or methodologies applied by companies to produce their inventories. However, we expect that any tool used will follow the best practice and observe important aspects such as the accuracy and completeness principles of standards similar to the GHG Protocol. CDP encourages companies to use the GHG Protocol Corporate Standard when national standards are not specified.
- If the methodology you have used is not listed, or if you have used a combination of methodologies, select “Other, please specify;” and indicate the methodology/combination used.” You may provide more details C5.2a.
(C5.2a) Provide details of the standard, protocol, or methodology you have used to collect activity data and calculate emissions.
Question dependencies
This question only appears if you select “Other, please specify” in response to C5.2.
Change from 2019
Minor change
Rationale
CDP data users need to understand what methods have been used to calculate emissions.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Describe the methodology(ies) you used to collect activity data and calculate your emissions, including any not listed in C5.2.
C6 Emissions data
Module Overview
Reporting emissions is best practice and a prerequisite to understanding and reducing negative environmental impacts.
This module examines emissions data details and is aligned with TCFD Metrics & Targets recommended disclosure b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.
Key changes
- New questions for the capital goods, real estate and construction sectors: C-CG6.6, C-CG6.6a, C-CN6.6/C-RE6.6, C-CN6.6a/C-RE6.6a, C-CN6.6b/C-RE6.6b and C-CN6.6c/C-RE6.6c on life cycle emissions assessment.
- Click here for a list of all changes made this year.
For the financial services sector only:
- Two questions removed: C6.7 and C6.7a.
- Modified question: C6.5 – “Investments” row removed.
Sector-specific content
Additional questions on emission intensity metrics for the following high-impact sectors:
- Oil & gas
- Cement
- Steel
- Transport services
Additional questions on Scope 3 emissions, biogenic carbon and agricultural commodities emissions for the following high-impact sectors:
- Agricultural commodities
- Food, beverage and tobacco
- Paper and forestry
Additional questions on life cycle emissions assessment for the following high-impact sectors
- Capital goods
- Construction
- Real estate
Pathway diagram - questions
This diagram shows the general questions contained in module C6. To access question-level guidance, use the menu on the left to navigate to the question.
Pathway diagram - questions for minimum version questionnaire
This diagram shows the questions contained in module C6 that are included in the minimum version of the questionnaire. To access question-level guidance, use the menu on the left to navigate to the question.
Scope 1 emissions data
(C6.1) What were your organization’s gross global Scope 1 emissions in metric tons CO2e?
Change from 2019
No change
Rationale
Reporting emissions is best practice and a prerequisite to understanding and reducing negative environmental impacts. CDP asks this question to ensure companies are measuring their carbon footprints from direct emissions.
Connection to other frameworks
TCFD
Metrics & Targets recommended disclosure b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.
SDG
Goal 13: Climate action
Response options
Please complete the following table:
Year
|
Gross global Scope 1 emissions (metric tons CO2e)
|
Start date
|
End date
|
Comment
|
Reporting year
|
Numerical field [enter a range of 0-999,999,999,999 using a maximum of 3 decimal places and no commas]
|
[This cell is not seen in ORS]
|
[This cell is not seen in ORS]
|
Text field [maximum 2,400 characters]
|
Past year 1 [Only ‘appears’ if 1 year or 2 years or 3 years is selected in column 4 of C0.2]
|
Numerical field [enter a range of 0-999,999,999,999 using a maximum of 3 decimal places and no commas]
|
From: [DD/MM/YYYY]
|
To: [DD/MM/YYYY]
|
Text field [maximum 2,400 characters]
|
Past year 2 [Only ‘appears’ if 2 years or 3 years is selected in column 4 of C0.2]
|
Numerical field [enter a range of 0-999,999,999,999 using a maximum of 3 decimal places and no commas]
|
From: [DD/MM/YYYY]
|
To: [DD/MM/YYYY]
|
Text field [maximum 2,400 characters]
|
Past year 3 [Only ‘appears’ if 3 years is selected in column 4 of C0.2]
|
Numerical field [enter a range of 0-999,999,999,999 using a maximum of 3 decimal places and no commas]
|
From: [DD/MM/YYYY]
|
To: [DD/MM/YYYY]
|
Text field [maximum 2,400 characters]
|
Requested content
General
- Emissions must be reported in gross, not net figures. Therefore, negative numbers are not allowed.
- Putting in zero suggests that you have measured your emissions and that they are equal to zero.
- Gross emissions are requested so that data users can account for GHG emissions from sources owned or controlled by your organization before any reductions for offsets are made, as per the GHG Protocol Corporate Standard. This transparency is meant to provide users with the most accurate portrayal of the emissions created within your company's boundary.
- Scope 1 emissions should be reported in metric tons of CO2e. Common conversion factors are included in the Technical Note "Units of Measure Conversions".
- Special requirements for carbon sequestration, captured & stored and transferred CO2, transfer in – transfer out, and enhanced oil recovery are explained in the Technical Note "Special conditions for reporting Scope 1 emissions".
- Emissions estimates are acceptable, as long as there is transparency with regards to the estimation approach (what is estimated and how) and the data used for the analysis is adequate to support the objectives of the inventory. If applicable to your organization's reporting of Scope 1 emissions, please outline this in the comment column.
Note for first-time responders
- If you are a first-time responder, please provide gross global Scope 1 emissions data for the current reporting year and the three years prior to the current reporting year.
- Please input the gross global Scope 1 emissions data for the current reporting year in the first row and work backwards from the current reporting year.
- Please ensure that the reporting period represents only one full year that has already passed. Reporting periods should not be in the future. This information is important for others to understand the time dimension of your disclosure.
- Use the comment column to report relevant information regarding your organization's past Scope 1 emissions data.
Note for restatements
- If you have chosen to restate your organization's gross global Scope 1 emissions data previously supplied to CDP by adding additional reporting years to C0.2, you may do so here.
- Reporting recalculated figures for these years is optional.
- All years Scope 1 emissions data needs to be entered in reverse order, with the current reporting year first, i.e. you should first input the current reporting year emissions data and work backwards from the most recent reporting year.
- Please ensure that the reporting period represents only one full year that has already passed. Reporting periods should not be in the future. This information is important for others to understand the time dimension of your disclosure.
- Use the comment column to identify that this is restated data and the reason for the restatement.
- For more information on restatements see CDP’s technical note on restatements here.
Note on biogas:
- Carbon dioxide emitted from the combustion of biomass/biofuel or fermentation should not be included in your response to question C6.1 but instead should be reported in C6.7. This applies to self-generated biogas.
- When gas is sourced from a shared pipeline network with multiple sources including both renewable and non-renewable sources, certificates are required to demonstrate the renewable origin of gas (i.e. “certified biogas”). To make a renewable electricity usage claim on electricity generated onsite from gas the following conditions need to be met:
- The company combusts gas sourced from a shared gas pipeline network to produce electricity;
- It also owns or purchases green gas certificates that originated from one of the gas producers on the pipeline network – these need not necessarily be purchased directly from the biogas producers;
- The company permanently retains the environmental attributes of the electricity generation, including any energy attribute certificates (e.g. RECs in the U.S.) for the electricity generated.
- If the company uses biogas that is sourced from a dedicated pipeline and the source is renewable, then they do not need certificates to prove the renewable origin.
- CDP does not have specific requirements or recommendations for biogas certification. Certified biogas is defined as a contractual instrument that meets the Scope 2 Quality Criteria in GHG Protocol Scope 2 Guidance. For more information on this refer to CDP Technical Note: Accounting of Scope 2 emissions.
Note for agricultural sector companies:
- Direct emissions from agricultural/forestry, processing/manufacturing and/or distribution activities should be reported as part of Scope 1 emissions in this question.
Explanation of terms
- Biogas: A gas derived principally from the anaerobic fermentation of biomass and solid wastes and combusted to produce heat and/or power. Included in this category are landfill gas and sludge gas (sewage gas and gas from animal slurries) and other biogas.
Scope 2 emissions reporting
(C6.2) Describe your organization's approach to reporting Scope 2 emissions.
Change from 2019
No change
Rationale
The purpose of this question is to allow companies to disclose their approach to calculating their Scope 2 emissions. This is particularly relevant when considering market-based Scope 2 emissions, as it is important to differentiate between companies that have not reported a market-based figure as they do not have operations where there are those contractual instruments, and those companies that do have operations where there are contractual instruments but have chosen not to disclose a market-based figure. CDP asks this question to enable accurate comparability across companies.
Connection to other frameworks
SDG
Goal 13: Climate action
Response options
Please complete the following table:
Scope 2, location-based
|
Scope 2, market-based
|
Comment
|
Select from:
- We are reporting a Scope 2, location-based figure
- We are not reporting a Scope 2, location-based figure
|
Select from:
- We are reporting a Scope 2, market-based figure
- We have no operations where we are able to access electricity supplier emission factors or residual emission factors, and are unable to report a Scope 2, market-based figure
- We have operations where we are able to access electricity supplier emission factors or residual emissions factors, but are unable to report a Scope 2, market-based figure
|
Text field [maximum 2,400 characters]
|
Requested content
General
- The GHG Protocol Scope 2 Guidance was published in January 2015. Part of the requirements of the guidance is that companies shall account for their Scope 2 emissions using two methodologies: a location-based method and a market-based method. The market-based method is for those companies who have any operations in markets providing product- or supplier-specific data in the form of contractual instruments. If this is not applicable to your company, you only need to provide one location-based figure.
- Per the GHG Protocol Corporate Standard, a contractual instrument is “any type of contract between two parties for the sale and purchase of energy bundled with attributes about the energy generation, or for unbundled attribute claims.” Different markets will have different contractual instruments, which can include energy attribute certificates, direct contracts such as PPAs, and supplier-specific emission rates.
- It is important to consider the definition of contractual instruments when determining whether your company needs to calculate a market-based figure. If your company can access emissions factors from your energy supplier for any of your operations, you are required to calculate and report a market-based figure. Therefore, when responding to this question, if you do have operations where there are contracts such as RECs and Guarantees of Origin, supplier specific emissions factors, or a residual emissions factor such as in the US and Europe – regardless of whether or not you purchase them – then you should not select “We have no operations where we are able to access electricity supplier emissions factors or residual emissions factors and are unable to report a Scope 2, market-based figure”. For full details please view the GHG Protocol Scope 2 Guidance. You can also reference CDP’s Technical Note on Accounting of Scope 2 emissions
Scope 2 emissions data
(C6.3) What were your organization's gross global Scope 2 emissions in metric tons CO2e?
Change from 2019
No change
Rationale
Reporting emissions is best practice and a pre-requisite to understanding and reducing negative environmental impacts. CDP asks this question to ensure companies are measuring emissions from purchased or acquired electricity, steam, heat, and cooling.
Connection to other frameworks
TCFD
Metrics & Targets recommended disclosure b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.
Response options
Please complete the following table:
Year |
Scope 2, location-based
|
Scope 2, market-based (if applicable)
|
Start date
|
End date
|
Comment
|
Reporting year
|
Numerical field [enter a range of 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
Numerical field [enter a range of 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
[This cell is not seen in ORS] |
[This cell is not seen in ORS] |
Text field [maximum 2,400 characters]
|
Past year 1 [Only ‘appears’ if 1 year or 2 years or 3 years is selected in column 4 of C0.2]
|
Numerical field [enter a range of 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
Numerical field [enter a range of 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
From: [DD/MM/YYYY]
|
To: [DD/MM/YYYY]
|
Text field [maximum 2,400 characters]
|
Past year 2 [Only ‘appears’ if 2 years or 3 years is selected in column 4 of C0.2]
|
Numerical field [enter a range of 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
Numerical field [enter a range of 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
From: [DD/MM/YYYY]
|
To: [DD/MM/YYYY]
|
Text field [maximum 2,400 characters]
|
Past year 3 [Only ‘appears’ if 3 years is selected in column 4 of C0.2]
|
Numerical field [enter a range of 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
Numerical field [enter a range of 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
From: [DD/MM/YYYY]
|
To: [DD/MM/YYYY]
|
Text field [maximum 2,400 characters]
|
Requested content
General
- Negative numbers are not allowed as reporting needs to be gross, not net figures. If you answered in C6.2 that you are not reporting a Scope 2 location-based figure and/or you answered that you are unable to report a Scope 2 market-based figure, please leave the corresponding column(s) in C6.3 blank.
- Putting in zero would suggest that you have measured your emissions and that they are equal to zero.
- Emissions estimates are acceptable, as long as there is transparency with regards to the estimation approach (what is estimated and how) and the data used for the analysis is adequate to support the objectives of the inventory.
- For more information about CDP’s current recommendations on what emission factor to use for electricity accounting, where you can find emission factors and the different types there are, please check the Technical Note“Accounting of Scope 2 emissions.” Please also note that electricity produced by either CH4 or N2O is to be included in the emission factor.
- For further information, please also see GHG Protocol Scope 2 Guidance.
- For more detailed information beyond what is provided in this guidance and technical annexes, consult your electricity suppliers, carbon advisor, or verifier/assurer.
Note for first-time responders
- If you are a first-time responder, please provide gross global Scope 2 emissions data for the current reporting year and the three years prior to the current reporting year.
- Please input the gross global Scope 2 emissions data for the current reporting year in the first row and work backwards from the current reporting year.
- Please ensure that the reporting period represents only one full year that has already passed. Reporting periods should not be in the future. This information is important for others to understand the time dimension of your disclosure.
- Use the comment column to report relevant information regarding your organization's past Scope 2 emissions data.
Note for restatements
- If you have chosen to restate your organization’s gross global Scope 2 emissions data previously supplied to CDP by adding additional reporting years to C0.2, you may do so here.
- Reporting recalculated figures for these years is optional.
- All years Scope 2 emissions data needs to be entered in reverse order, with the current reporting year first, i.e. you should first input the current reporting year emissions data and work backwards from the most recent reporting year.
- Please ensure that the reporting period represents only one full year that has already passed. Reporting periods should not be in the future. This information is important for others to understand the time dimension of your disclosure.
- Use the comment column to identify that this is restated data and the reason for the restatement.
- For more information on restatements, see CDP’s technical note on restatements here.
Note for agricultural sector companies:
- Scope 2 emissions from the use of electricity for agricultural/forestry, processing/manufacturing and/or distribution activities should be reported as Scope 2 emissions here.
Explanation of terms
-
Electricity: In line with GHG Protocol, this term is used as shorthand for electricity, steam, and heating/cooling. Purchased electricity is defined as electricity that is purchased or otherwise brought into the organizational boundary of the company. Scope 2 emissions physically occur at the facility where electricity is generated.
Additional information
- Scope 2 emissions: In many industries, indirect GHG emissions mostly occur from the generation of purchased electricity (and purchased heat, steam and cooling) consumed by the company, as per the GHG Protocol Corporate Standard. Non-energy-intensive companies are likely to have significantly higher Scope 2 figures than Scope 1 figures. The GHG Protocol highlights that “accounting for Scope 2 emissions allows companies to assess the risks and opportunities associated with changing electricity and GHG emissions cost.”
Exclusions
(C6.4) Are there any sources (e.g. facilities, specific GHGs, activities, geographies, etc.) of Scope 1 and Scope 2 emissions that are within your selected reporting boundary which are not included in your disclosure?
Change from 2019
No change
Rationale
In some cases it can be difficult to gather data for all sources. Circumstances where this might be the case include sources in countries or small facilities where data acquisition is difficult or unreliable. Structural changes to the organization including mergers, acquisitions and divestments can also be reasons where emissions data are not included in your disclosure. This question enables companies to report where these sources are not included in the disclosure and thus provides data users transparency into reported emissions inventories.
Response options
Select one of the following options:
Requested content
General
- Identify sources that would normally be within the consolidation boundary you have identified for your disclosure in C0.5 (i.e. financial control, operational control, equity share or other) but for which greenhouse gases are not reported in this disclosure. Excluded sources may be in a particular country or represent a number of very small facilities making it difficult to gather data.
- Common reasons for exclusions, both relevant or not relevant, can include the following:
- Incomplete information for the period in question;
- Structural changes to the organization including mergers, acquisitions and divestments;
- Outsourcing and/or insourcing of activities; and
- Unreliable information.
- The GHG Protocol’s Corporate Accounting and Reporting Standard notes on the reporting of exclusions (page 9) that “Specific exclusions…need to be clearly identified and justified, assumptions disclosed, and appropriate references provided for the methodologies applied and the data sources used. The information should be sufficient to enable a third party to derive the same results if provided with the same source data.”
(C6.4a) Provide details of the sources of Scope 1 and Scope 2 emissions that are within your selected reporting boundary which are not included in your disclosure.
Question dependencies
This question only appears if you select “Yes” in response to C6.4.
Change from 2019
No change
Rationale
In some cases it can be difficult to gather data for all sources. Circumstances where this might be the case include sources in countries or small facilities where data acquisition is difficult or unreliable. Structural changes to the organization including mergers, acquisitions and divestments can also be reasons where emissions data are not included in your disclosure. This question enables companies to report where these sources are not included in the disclosure and thus provides data users transparency into reported emissions inventories.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Source
|
Relevance of Scope 1 emissions from this source
|
Relevance of location-based Scope 2 emissions from this source
|
Relevance of market-based Scope 2 emissions from this source (if applicable)
|
Explain why this source is excluded
|
Text field [maximum 2,400 characters]
|
Select from:
- No emissions excluded
- No emissions from this source
- Emissions are not relevant
- Emissions are relevant but not yet calculated
- Emissions are relevant and calculated, but not disclosed
- Emissions excluded due to recent acquisition
- Emissions are not evaluated
|
Select from:
- No emissions excluded
- No emissions from this source
- Emissions are not relevant
- Emissions are relevant but not yet calculated
- Emissions are relevant and calculated, but not disclosed
- Emissions excluded due to a recent acquisition
- Emissions are not evaluated
|
Select from:
- No emissions excluded
- No emissions from this source
- Emissions are not relevant
- Emissions are relevant but not yet calculated
- Emissions are relevant and calculated, but not disclosed
- Emissions excluded due to a recent acquisition
- Emissions are not evaluated
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Source (column 1)
- Use this text field to name and briefly describe the source you are excluding. E.g. a geographic region, business activity, or type of facility.
Relevance of Scope 1 emissions from this source (column 2)
- No emissions excluded – select this option if you have excluded Scope 2 emissions from this source and reported this exclusion in the relevant column of this table (C3 or C4), but you have not excluded Scope 1 emissions from this source.
- No emissions from this source – select this option if you have excluded Scope 2 emissions from this source and reported this exclusion in the relevant column of this table (C2 or C3), but you do not have Scope 1 emissions from this source.
- Emissions are not relevant – select this option if you have excluded Scope 1 emissions which you have identified as not relevant from this source.
- Emissions are relevant but not yet calculated – select this option if you have excluded Scope 1 emissions from this source, you have identified these emissions as relevant, but you have not calculated them.
- Emissions from this source are relevant and have been calculated, but are not disclosed – select this option if you have excluded from your CDP response Scope 1 emissions from this source that you have calculated and identified as relevant.
- Emissions excluded due to a recent acquisition – select this option if you have excluded Scope 1 emissions from this source due to an acquisition that has taken place in the last 12 months prior to the submission date of your response to CDP.
- Emissions are not evaluated – select this option if you have excluded Scope 1 emissions from this source but have not evaluated the relevance of these emissions.
Relevance of Scope 2 (location-based or market-based) emissions from this source (column 3 and 4)
- No emissions excluded – select this option if you have excluded Scope 1 emissions from this source and reported this exclusion in column 2 of this table, but you have not excluded Scope 2 emissions from this source.
- No emissions from this source – select this option if you have excluded Scope 1 emissions from this source and reported this exclusion in column 2 of this table, but you do not have Scope 2 emissions from this source.
- Emissions are not relevant – select this option if you have excluded Scope 2 emissions which you have identified as not relevant from this source.
- Emissions are relevant but not yet calculated – select this option if you have excluded Scope 2 emissions from this source, you have identified these emissions as relevant, but you have not calculated them.
- Emissions from this source are relevant and have been calculated, but are not disclosed –select this option if you have excluded from your CDP response Scope 2 emissions from this source that you have calculated and identified as relevant.
- Emissions excluded due to a recent acquisition – select this option if you have excluded Scope 2 emissions from this source due to an acquisition that has taken place in the last 12 months prior to the submission date of your response to CDP.
- Emissions are not evaluated – select this option if you have excluded Scope 2 emissions from this source but have not evaluated the relevance of these emissions.
Explain why this source is excluded (column 5)
- Use this text field to describe why the source is excluded and its significance. If possible, provide an estimate of the percentage of total emissions contained within the reported boundary that the exclusion represents. If a recent acquisition has taken place, please include the time of acquisition in this text field.
- Note that this question asks you to report only excluded sources of emissions. If you select 'No emissions excluded' or "No emissions from this source" for every column in every row indicating that there are no sources of emissions that have been excluded from your reported Scope 1 or Scope 2 figures in C6.1 and 6.3, you should review your answer to C6.4 and select "No".
Example response
Worked example of excluded sources
In this instance presume that the company has selected ‘“Operational control’” in C0.5. Note that this example company response would be ineligible for the climate change A List due to excluded, relevant emissions and unevaluated, potentially relevant emissions.
Source
|
Relevance of Scope 1 emissions from this source
|
Relevance of location-based Scope 2 emissions from this source
|
Relevance of market-based Scope 2 emissions from this source (if applicable)
|
Explain why this source is excluded
|
We
are excluding emissions from our direct operations in Asia where we have four
manufacturing facilities.
|
Emissions
are not evaluated.
|
Emissions
are relevant but not yet calculated.
|
Emissions are relevant but not yet calculated.
|
At
present, we are only able to disclose our emissions from our European
operations, but not our Asian operations.
In
terms of Scope 1 emissions, we are aware that our manufacturing operations may
be associated with leakage of refrigerants, however we have not yet had the
capacity to investigate and evaluate this thoroughly.
In terms of Scope 2 emissions, we do have
records of how much electricity we purchase in our four Asian facilities, but
we have not yet adopted an approach to account for the associated Scope 2
emissions. As we have operations in Europe, where there are contractual
instruments, we have also calculated a market-based figure. While there are no
contractual instruments for our Asian operations, we are still unable to
provide a location-based figure for those operations.
|
Additional information
Relevance in GHG reporting
- The GHG Protocol’s Corporate Value Chain (Scope 3) Accounting and Reporting Standard (page 24) provides the following definition of relevance for GHG reporting: “A relevant GHG report contains the information that users – both internal and external to the company – need for their decision making. Companies should use the principle of relevance when determining whether to exclude any activities from the inventory boundary. Companies should also use the principle of relevance as a guide when selecting data sources. Companies should collect data of sufficient quality to ensure that the inventory is relevant (i.e., that it appropriately reflects the GHG emissions of the company and serves the decision-making needs of users) (...) and should not exclude any activities from the inventory that would compromise the relevance of the reported inventory.”
- A practical rule of thumb often applied to evaluate the relevance of an emissions’ source or activity is to consider the sources that contribute to 95% of the emissions inventory once sources are listed by the size of emissions. This rule is of practical value in particular when a low number of sources contribute to a large proportion of the total emissions while a large number of sources contribute to a small percentage of emissions. In order to utilize the 95% threshold, the emissions from all sources or activities need to be quantified or estimated to ensure they meet this threshold. Relevance should apply not only to the size of emissions, but also other criteria, such as the potential to drive emissions reductions, the cost-benefit of gathering the data, stakeholder expectations, and potential uses of the data.
- Relevance of emissions should not be limited to sustainability topics that have a significant financial impact on your organization, or “materiality”.
- Examples of circumstances where the reasons for excluding known emissions sources from the GHG statement may not be reasonable include:
- The entity has relevant Scope 1 emissions but only includes Scope 2 emissions in its CDP disclosure.
- The boundary has been defined, but particular geographies within the boundary are not being reported although they represent relevant emissions; and
- The emissions reported exclude business divisions/areas of business with relevant emissions, but are only a small proportion of the total emissions included in the GHG statement.
Scope 3 emissions data
(C6.5) Account for your organization’s gross global Scope 3 emissions, disclosing and explaining any exclusions.
Change from 2019
Minor change; Modified question for FS sector only
Rationale
For most companies, the majority of emissions occur in the supply chain. CDP asks this question to gauge the thoroughness of companies’ accounting processes and to understand how companies are analyzing their emissions footprints.
Connection to other frameworks
TCFD
Metrics & Targets recommended disclosure b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.
SDG
Goal 12: Responsible consumption and production
Goal 13: Climate action
2018 RobecoSAM Corporate Sustainability Assessment (DJSI)
Scope 3
Response options
Please complete the following table:
Scope 3 category |
Evaluation status
|
Metric tons CO2e
|
Emissions calculation methodology
|
Percentage of emissions calculated using data obtained from suppliers or value chain partners
|
Please explain |
Purchased goods and services
|
Select from:
- Relevant, calculated
- Relevant, not yet calculated
- Not relevant, calculated
- Not relevant, explanation provided
- Not evaluated
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places and no commas]
|
Text field [maximum 2,400 characters]
|
Numerical field [enter a number from 0-100 using a maximum of 2 decimal places and no commas]
|
Text field [maximum 2,400 characters]
|
Capital goods
|
|
|
|
|
|
Fuel-and-energy-related activities (not included in Scope 1 or 2)
|
|
|
|
|
|
Upstream transportation and distribution
|
|
|
|
|
|
Waste generated in operations
|
|
|
|
|
|
Business travel
|
|
|
|
|
|
Employee commuting
|
|
|
|
|
|
Upstream leased assets
|
|
|
|
|
|
Downstream transportation and distribution
|
|
|
|
|
|
Processing of sold products
|
|
|
|
|
|
Use of sold products
|
|
|
|
|
|
End of life treatment of sold products
|
|
|
|
|
|
Downstream leased assets
|
|
|
|
|
|
Franchises
|
|
|
|
|
|
Investments [row hidden for FS sector companies, data point requested in C-FS14.1a]
|
|
|
|
|
|
Other (upstream)
|
|
|
|
|
|
Other (downstream)
|
|
|
|
|
|
Requested content
General
- According to the GHG Protocol’s Corporate Value Chain (Scope 3) Accounting and Reporting Standard (page 107): “Any estimates of avoided
emissions must be reported separately from a company’s Scope 1, Scope 2, and
Scope 3 emissions, rather than included or deducted from the Scope 3
inventory”. In the context of your CDP response, you can provide information on
actions you take to reduce your Scope 3 emissions in question C4.3b on
emissions reduction initiatives.
- You should complete every row of the table (with the
exception of the last two rows “Other (upstream)” and “Other (downstream)”
which are optional), but not necessarily all columns.
- The columns that you need to complete in response to
question C6.5 will depend on your selection made in the “Evaluation status”
column and are summarized in the guidance below for column 2 “Evaluation
status”.
Scope 3 category (column 1)
- This column is already completed in the ORS and all
categories will appear. The categories of Scope 3 emissions have been taken
from the Greenhouse Gas Protocol’s
Corporate Value Chain (Scope 3) Accounting and Reporting Standard, published in September 2011. Companies should refer to
the standard for information on the emissions sources that each category
comprises and additional information on how to calculate these emissions.
Evaluation status (column 2)
This column should be completed for all Scope 3 categories,
with the exception of “Other (upstream)” and “Other (downstream)” – these two
rows should only be used if companies have a source of Scope 3 emissions that
is not provided in the categories above. The evaluation status includes two
components: whether a Scope 3 category is relevant to your business and whether
you have calculated the emissions in that category. Relevance should be determined
with reference to the GHG Protocol Scope 3 standard – see
Additional
Information for the Scope 3 relevance criteria
. Select from:
- Relevant, calculated - Select this option if the Scope 3
category is relevant to your business and you have calculated emissions from at
least part of this source.
- Relevant, not yet calculated - Select this option if you are
aware that the Scope 3 category is relevant to your business but you have not
yet calculated the emissions associated with it.
- Not relevant, calculated - Select this option if you know
that this source is not one of the most important for your business but as part
of your Scope 3 work, you have been able to calculate the emissions associated
with it.
- Not relevant, explanation provided - Select this option if
you have investigated this source of Scope 3 emissions and have been able to
determine that it is not relevant. This could be based on quantitative or
qualitative investigations.
- Not evaluated - Select this option if you have not yet
investigated this Scope 3 source and therefore do not know whether or not it is
relevant for your business.
Metric tons CO2e (column 3)
- Complete this column for all sources that you have
identified as “Relevant, calculated” or “Not relevant, calculated” in the
“Evaluation status” column. Enter the emissions appropriate to each source
identified in metric tons CO
2e, entering numbers only up to 99,999,999,999
without commas and up to two decimal places. Negative numbers are not allowed
as reporting needs to be gross, not net figures. Emission figures should be for
the reporting year only.
- Entering 0 implies that you have calculated emissions from this source and they are equal to zero.
Emissions calculation methodology (column 4)
- Complete this column for all sources that you have
identified as “Relevant, calculated” or “Not relevant, calculated” in the
“Evaluation status” column. Your response should include a short description of
the types and sources of data used to calculate emissions (e.g. activity data,
emission factors and GWP values), and a short description of the methodologies,
assumptions and allocation methods used to calculate emissions. Please use no
more than 2400 characters to complete this response.
Percentage of emissions calculated using data obtained from
suppliers or value chain partners (column 5)
- This column is optional for all sources that you have
identified as “Relevant, calculated” or “Not relevant, calculated” in the
“Evaluation status” column.
- Such data obtained from suppliers or value chain partners
may take the form of primary activity data, or emissions data calculated by
suppliers that are specific to suppliers’ activities. More information on this
can be found in Chapter 7, Collecting Data, of the GHG Protocol’s
Corporate Value Chain (Scope 3) Accounting and Reporting Standard.
Please explain (column 6)
- Complete this column for all sources that you have
identified as “Not relevant, explanation provided” in the “Evaluation status”
column. You should provide details of how you have reached the conclusion that
the source is not relevant and include any qualitative or quantitative
reasoning.
- If you wish to provide additional context to any of the
other rows in the table, including any exclusions within a source, or to
explain why emissions have decreased or increased, you can also do that in this
column.
Note for agricultural sector companies:
- Organizations reporting Scope 3 emissions data associated
with the transportation of raw materials should do so in this question.
Note for oil & gas and coal sector companies:
- CDP has produced sector-specific guidance for estimating
Scope 3 category 11 (use of sold products) emissions for the Oil & Gas and
Coal sectors.
Note for financial services sector companies:
- For financial services sector companies, Scope 3 Category 15 “Investments” emissions has been pulled out of question C6.5 and is requested to be disclosed in C-FS14.1a. As the majority of emissions occur in relation to financial products and services and/or investments, financed emissions, or Scope 3 Category 15 “Investments” emissions as defined by the GHG Protocol is the most relevant category to financial services organizations.
- Thus, Row 15 “Investments” is hidden in this question,
please disclose this in C-FS14.1a.
Note for real estate sector companies:
- For real estate companies, the categories that are likely to
be highly relevant and should always be evaluated are:
- Capital goods
- Use of sold products
- End-of-life treatment of sold products
- Downstream leased assets
- You may wish to refer to “Guide to Scope 3 Reporting in Commercial Real Estate” (UK Green Building Council, 2019) that has been
specifically developed to build consensus and promote common approaches to
reporting Scope 3 emissions. It aims to provide clarity on interpreting the GHG
Protocol for commercial real estate companies and enable consistency in
reporting across the sector.
Note for capital goods sector companies:
- For capital goods companies, the categories that are likely to be highly relevant and should always be evaluated are:
- Purchased goods and services
- Use of sold products
- End-of-life treatment of sold products
Additional information
- Scope 3 screening tool: To help facilitate the adoption of the Scope 3 Standard and assist companies in determining the relevance of Scope 3 emissions sources, the GHG Protocol, in collaboration with Quantis, have released a free Scope 3 screening tool. This tool asks a number of relatively simple questions to approximate your Scope 3 inventory, and can be used by companies of all sizes and all sectors. Please note that this tool is not a data collection tool and should only be used to make a first approximation of your Scope 3 emissions. Having used the tool to help determine the relevance of Scope 3 categories, companies should then develop more accurate approaches for categories shown to be a relevant source of emissions.
Scope
3 emissions data: agricultural value chain
Question C6.6 only applies to organizations with activities in the following sectors:
- Agricultural commodities
- Capital goods
- Construction
- Food, beverage & tobacco
- Paper & forestry
- Real Estate
(C-AC6.6/C-FB6.6/C-PF6.6) Can you break down your Scope
3 emissions by relevant business activity area?
Question dependencies
This question only appears if you select "Elsewhere in value chain only" or "Both own land and elsewhere in value chain" in response to the “Agriculture/Forestry” row; and/or if you select “Elsewhere in the value chain only” or “Both direct operations and elsewhere in the value chain” in response to the “Processing/Manufacturing” and/or “Distribution” rows; and/or if you select "Yes" in response to the “Consumption” row in C-AC0.6/C-FB0.6/C-PF0.6.
Change from 2019
No change
Rationale
This question gathers information about Scope 3 emissions from categories that are most relevant to agricultural organizations. This informs data users on whether your organization is aware of the climate-related impacts and risks of its services and/or products across the entire value chain.
Response options
Select one of the following options:
Requested content
General
- Disclose completely to the Scope 3 question presented for all sectors (C6.5), as well as to these agricultural specific questions (C-AC6.6/C-FB6.6/C-PF6.6 and C-AC6.6a/C-FB6.6a/C-PF6.6a) regarding business activities, where appropriate for your organization.
- If you select "Yes" or "Partially", you will be able to disclose your data in the following question.
- If you select "No", you should provide an explanation on the attached comment box, by clicking on the “speech bubble” icon.
(C-AC6.6a/C-FB6.6a/C-PF6.6a) Disclose your Scope 3
emissions for each of your relevant business activity areas.
Question dependencies
This question only appears if you select "Yes" or "Partially" in response to C-AC6.6/C-FB6.6/C-PF6.6.
Change from 2019
No change
Rationale
This question gathers information about Scope 3 emissions from categories that are most relevant to agricultural organizations. This informs data users on whether your organization is aware of the climate-related impacts and risks of its services and/or products across the entire value chain.
Response options
Please complete the following table. You are able to add rows by using the "Add Row" button at the bottom of the table.
Activity
|
Scope 3 category
|
Emissions (metric tons CO2e)
|
Please explain
|
Select from:
List created using the business activity area for which you selected: "Elsewhere in value chain only" or "Both own land and elsewhere in value chain" in response to the "Agriculture/Forestry" row; and/or “Elsewhere in the value chain only” or “Both direct operations and elsewhere in the value chain” in response to the "Processing/Manufacturing" and/or "Distribution" rows; and/or "Yes" in response to the "Consumption" row in C-AC0.6/C-FB0.6/C-PF0.6.
|
Select from:
- Purchased goods and services (Agriculture/Forestry or Processing/Manufacturing)
- Processing of sold products (Processing/Manufacturing only)
- Upstream transportation and distribution (Distribution only)
- Downstream transportation and distribution (Distribution only)
- Use of sold products (Consumption only)
- End of life treatment of sold products (Consumption only)
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 3 decimal places]
|
Text field [maximum 4,000 characters]
|
[Add Row]
Requested content
General
- You should report Scope 3 emissions data for those business activities you indicated to be relevant in response to C-AC0.6/C-FB0.6/C-PF0.6.
- The most relevant Scope 3 categories for an organization will depend on its areas of operation. However, according to the Scope 3 Standard, those that are likely to be of particular importance for this sector are “Purchased goods and services,” “Processing of sold products,” “Upstream transportation and distribution,” “Downstream transportation and distribution,” “Use of sold products” and “End of life treatment of sold products.” You are encouraged to provide emissions data for all listed Scope 3 categories that are relevant to you.
Activity (column 1)
- This list reflects your response to C-AC0.6/C-FB0.6/C-PF0.6, whenever you indicated the relevance of an activity for this disclosure relies elsewhere in your value chain.
- The activity selected in this column determines the options shown in column 2 (Scope 3 category).
- If an activity contributes to multiple Scope 3 categories, you should add as many rows as needed.
Scope 3 category (column 2)
- Note that the options shown are associated with the activity you selected in column 1 (Activity). This is indicated by the text in brackets.
Emissions (metric tons CO2e) (column 3)
- Your figure should reflect the Scope 3 emissions associated with the business activity you selected in column 1 (Activity) and the Scope 3 category you selected in column 2 (Scope 3 category). For example, if you are reporting a Scope 3 figure associated with production of raw materials in your value chain that are used as input to your products, you might have selected "agriculture/forestry" in column 1 and "Purchased goods and services" in column 2, and should consider only these aspects to calculate your Scope 3 emissions figure.
Please explain (column 4)
- Indicate on which assumptions, data and/or factors you have based your calculations for your Scope 3 figure. If applicable, specify the percentage of suppliers from which you collected data
- Specify any exclusions if your figure is not representative of your entire Scope 3 boundary for the category selected in column 2 (Scope 3 category).
(C-AC6.6b/C-FB6.6b/C-PF6.6b) Why can you not report your
Scope 3 emissions by business activity area?
Question dependencies
This question only appears if you select "No" in response to C-AC6.6/C-FB6.6/C-PF6.6.
Change from 2019
No change
Rationale
This question aims to identify the main reason for why you have cannot report Scope 3 by business activities. This informs data users on whether your organization is aware of the climate-related impacts and risks of its services and/or products across the entire value chain and if you have any plans to account for those emissions in the next two years.
Response options
Please complete the following table:
Primary reason
|
Please explain
|
Select from:
- Analysis in progress
- We are planning to include in the next two years
- Judged to be unimportant
- Not an immediate business priority
- Insufficient data on operations
- Lack of internal resources
- No instruction from management
- Other, please specify
|
Text field [maximum 4,000 characters]
|
Requested content
Primary reason (column 1)
- Select the option that best describes the primary reason why you cannot report your Scope 3 emissions by business activity area
- If none of the reasons apply to your organization, select "Other, please specify" and indicate your primary reason. If you need more than 40 characters, please use column 2 (Please explain)
Please explain (column 2)
- If you selected "Analysis in progress", describe your evaluation methods, indicating the procedures and tools used, and provide a date for when it will be finalized
- If you selected "Judged to be unimportant", describe your evaluation methods, indicating the procedures and tools used. Specify parts of your business included in the analysis and the criteria used to decide that Scope 3 emissions are not important for your organization
- "Insufficient data on operations" or "Lack of internal resources" indicate if you have any plans to report Scope 3 emissions by business activity in the next two years and if so, describe the methods and coverage for this upcoming analysis. If you selected "Not evaluated due to lack of internal resources", specify the main challenges you experience to performing such analysis
Life cycle emissions assessments: capital goods
(C-CG6.6) Does your organization assess the life cycle emissions of any of its products or services?
Change from 2019
New question
Rationale
Stakeholders are increasingly requesting companies to measure and disclose their product- and service-related emissions. Emissions are linked to every stage of the product or service life cycle - from raw material acquisition to end-of-life treatment. Understanding and measuring emissions across the life cycle can help companies focus emissions reduction efforts on the most energy intensive operations across the whole life cycle, rather than just in the production process.
Response options
Please complete the following table:
Assessment of life cycle emissions
|
Comment
|
Select from:
- Yes
- No, but we plan to start doing so within the next two years
- No, and we do not plan to start doing so within the next two years
|
Text field [maximum 2,400 characters]
|
Requested content
General
- Select “Yes” if you assess the life cycle emissions of any of your products or services. You will then be requested to provide further details in the following question.
Comment (column 2) (optional)
- If you do not assess life cycle emissions, you may wish to use this column to explain why not and/or explain your plan to start doing so in the future.
Explanation of terms
- Life cycle: Consecutive and interlinked stages of a product system, from raw material acquisition or generation of natural resources, to end of life.
- Life cycle emissions: GHG emissions from a product or service throughout its life cycle.
Additional information
Life cycle assessment (LCA): A structured, comprehensive method of quantifying material- and energy-flows and their associated emissions in the life cycles of products (i.e. goods and services). Emissions assessments are a component of an LCA, but full LCAs cover all environmental impacts of a studied product.
Relationship between the life cycle emissions of products and an organization’s GHG emissions inventory: The assessment of product life cycle emissions and of Scope 3 emissions serves a common purpose and often requires the same data (e.g. data collected from suppliers and other companies in the value chain). The sum of the life cycle emissions of each of a company’s products, combined with additional Scope 3 categories (e.g. employee commuting, business travel, and investments), should approximate the company’s total corporate GHG emissions (i.e. Scope 1 + Scope 2 + Scope 3). The Scope 3 inventory enables a company to identify the greatest GHG reduction opportunities across the entire corporate value chain, while product life cycle assessment (alternatively called the Product GHG inventory, see below) enables a company to target individual products with the greatest potential for reductions.
Product GHG inventory: A subset of an LCA that focuses only on the climate change impact (i.e. life cycle emissions). A product GHG inventory is a compilation and evaluation of the inputs, outputs, and potential GHG impacts of a product system throughout its life cycle. See the GHG Protocol’s Product Life Cycle and Reporting Standard for further details.
(C-CG6.6a) Provide details of how your organization assesses the life cycle emissions of its products or services.
Question dependencies
This question only appears if you select “Yes” in response to C-CG6.6.
Change from 2019
New question
Rationale
To acquire an overall understanding of the total carbon impact of a product or service, it is necessary to assess emissions from the production process and use phase, but also emissions associated with the acquisition and disposal of the materials that make up the product. This question provides data users with information on your organization’s approach to assessing product life cycle emissions, including the life cycle stages covered and the methodologies used.
Response options
Please complete the following table:
Products/services assessed
|
Life cycle stage(s) most commonly covered
|
Methodologies/standards/tools applied
|
Comment
|
Select from:
- All existing products/services
- All new products/services under development
- All existing and new products/services
- Representative selection of products/services
- On a case-by-case basis
- Products/services meeting certain criteria (please specify)
|
Select from:
- Cradle-to-gate
- Cradle-to-grave
- Cradle-to-cradle/closed loop production
- Cradle-to-gate + end-of-life stage
- Gate-to-gate
- Use stage
- End-of-life stage
- Other, please specify
|
Select all that apply:
- Bilan Carbone
- EU Product Environmental Footprint (EUPEF)
- French Product Environmental Footprint
- GHG Protocol Product Accounting & Reporting Standard
- ISO 14025
- ISO 14040 & 14044
- ISO 14067
- PAS 2050
- Other, please specify
|
Text field [maximum 2,400 characters]
|
Requested content
General
- It is acknowledged that your organization’s approach to assessing the life cycle emissions of products or services may vary – please select the options that best describe your most common approach.
Products/services assessed (column 1)
- Select the option that best describes your organization’s approach to selecting products or services for assessment. If you wish to provide further details, you may do so in the “Comment” column.
Life cycle stage(s) most commonly covered (column 2)
- Select the life cycle stage(s) that you most commonly cover in your assessments. Refer to the explanation of terms below for definitions.
Comment (column 4) (optional)
- You may use this column to provide further details of your organization’s approach to assessing life cycle emissions.
Explanation of terms
- Gate-to-gate: The emissions and removals attributed to a studied product while it is under the ownership or control of the reporting company.
- Cradle-to-gate: A partial life cycle assessment from material acquisition (cradle) through to when the product leaves the reporting company’s gate (i.e. immediately following the product’s production). Includes the material acquisition & pre-processing stage and the production stage.
- Cradle-to-grave: A full life cycle assessment of emissions and removals attributed to a studied product from material acquisition through to the material or product end-of-life (grave). Includes the material acquisition & pre-processing stage, production stage, use stage and end-of-life stage.
- Cradle-to-cradle/closed loop production: A full life cycle assessment from material acquisition though to end-of-life material or product recycling (i.e. cradle-to-grave + recycling).
- Life cycle stages (in line with the GHG Protocol Product Life Cycle Accounting and Reporting Standard):
- Material acquisition & pre-processing stage: A life cycle stage that begins when resources are extracted from nature and ends when the product components enter the gate of the studied product’s production facility.
- Production stage: A life cycle stage that begins when the product components enter the production site for the studied product and ends when the finished studied product leaves the production gate.
- Use stage: A life cycle stage that begins when the consumer takes possession of the product and ends when the used product is discarded.
- End-of-life stage: A life cycle stage that begins when the used product is discarded by the consumer and ends when the product is returned to nature (e.g. incinerated) or allocated to another product’s life cycle.
Life cycle emissions assessments: buildings
(C-CN6.6/C-RE6.6) Does your organization assess the life cycle emissions of new construction or major renovation projects?
Question dependencies
This question only appears if you select “New construction or major renovation of buildings” in response to C-CN0.7/C-RE0.7.
Change from 2019
New question
Rationale
GHG emissions or energy consumption are linked to every stage of the life cycle of buildings – starting from extraction or manufacturing of materials and their transportation, through construction, use phase and to final demolition of buildings. Understanding and consistent measurement of life cycle emissions of built projects is important for identifying the best opportunities for reducing lifetime emissions and target setting.
Response options
Please complete the following table:
Assessment of life cycle emissions
|
Comment
|
Select from:
- Yes, quantitative assessment
- Yes, qualitative assessment
- Yes, both qualitative and quantitative assessment
- No, but we plan to for upcoming projects
- No, and we do not plan to for upcoming projects
|
Text field [maximum 2,400 characters]
|
Requested content
General
- Select the option that best describes your organization’s approach to assessing life cycle emissions of new construction or major renovation projects.
- Quantitative assessment – select this option if you quantify the life cycle GHG emissions of your projects;
- Qualitative assessment – select this option if you use only descriptive qualitative data for assessing GHG impacts of your projects. This may be the case, for example, if you are conducting a conceptual life cycle assessment – the first and simplest level of LCA. This can also be the case if you use best practice principles of low carbon design and material selection, without conducting bespoke carbon calculations.
- If you select any of the “Yes” options, you will be requested to provide more details in the following question.
Comment (column 2) (optional)
- If you do not assess life cycle emissions, you may wish to use this column to explain why not and/or explain your plan to start doing so in the future.
Explanation of terms
- Life cycle emissions: GHG emissions of a product throughout its life cycle.
- Life cycle: Consecutive and interlinked stages of a product system, from raw material acquisition or generation of natural resources, to end-of-life.
- Life cycle assessment (LCA): A structured, comprehensive method of quantifying material- and energy-flows and their associated emissions in the life cycles of products (i.e. goods and services). Emissions assessments are a component of an LCA, but full LCA’s cover all environmental impacts of a studied product.
Additional information
Relationship between the life cycle emissions of products and an organization’s GHG emissions inventory
The assessment of product life cycle emissions and of Scope 3 emissions serves a common purpose and often requires the same data e.g. data collected from suppliers and other companies in the value chain.
The sum of the life cycle emissions of each of a company’s products, combined with additional Scope 3 categories (e.g., employee commuting, business travel, and investments), should approximate the company’s total corporate GHG emissions (i.e., Scope 1 + Scope 2 + Scope 3). (Although in practice, companies are not required to calculate life cycle inventories for individual products when calculating Scope 3 emissions).
The Scope 3 inventory enables a company to identify the greatest GHG reduction opportunities across the entire corporate value chain, while product life cycle assessment enables a company to target individual products with the greatest potential for reductions. For additional information on this, refer to GHG Protocol Product Life Cycle Accounting and Reporting Standard.
Qualitative assessment guidance
The Carbon Smart Materials Palette® identifies key attributes that contribute to a material’s embodied carbon impact and offers guidelines and options for emissions reductions. Developed by Architecture 2030, with support from members of the Embodied Carbon Network (ECN), the Carbon Smart Materials Palette provides attribute-based design and material specification guidance for immediately impactful, globally applicable and scalable embodied carbon reductions in the built environment.
(C-CN6.6a/C-RE6.6a) Provide details of how your organization assesses the life cycle emissions of new construction or major renovation projects.
Question dependencies
This question only appears if you select “Yes, quantitative assessment”, “Yes, qualitative assessment”, or “Yes, both qualitative and quantitative assessment” in response to C-CN6.6/C-RE6.6.
Change from 2019
New question
Rationale
To acquire an overall understanding of a built project’s total carbon impact, it is necessary to assess both the anticipated operational emissions and the embodied emissions. Low-carbon design practices, especially those targeting embodied carbon, are most efficient as well as most cost-effective in the early phases of a project. This question provides data users with information on how early in a project you normally assess carbon emissions, as well as life cycle stages and methodologies most commonly applied.
Response options
Please complete the following table:
Projects assessed
|
Earliest project phase that most commonly includes an assessment
|
Life cycle stage(s) most commonly covered
|
Methodologies/standards/tools applied
|
Comment
|
Select from:
- All new construction and major renovation
projects
- New construction and major renovation
projects meeting certain criteria (please specify)
- On a case by case basis
|
Select from:
- Pre-design phase
- Design phase
- Construction
- Operation
|
Select from:
- Cradle-to-gate
- Cradle-to-practical completion/handover
- Use stage
- End-of-life stage
- Cradle-to-grave
- Whole life
- Other, please specify
|
Select all that apply:
- BBCA Label (Bâtiment Bas Carbone)
- E+C- Label (Énergie Positive & Réduction Carbone)
- Embodied Carbon in Construction Calculator (EC3) Tool
- EN 15978
- EN 15804
- GHG protocol - Product Life Cycle Accounting and Reporting Standard
- ISO 14040/44
- ISO 10425
- One Click LCA
- The Carbon Smart Materials Palette®
- Whole life carbon assessment for the built environment (RICS)
- Other, please specify
|
Text field [maximum 2,400 characters]
|
Requested content
General
- This question requests details on how your organization assesses life cycle emissions of new construction or major renovation projects. It is acknowledged that these details may vary from project to project – please select the options that best describe your organization’s most common approach. You will be able to provide specific details of conducted embodied carbon assessments in the following questions.
Projects assessed (column 1)
- Select the option that best describes which projects undergo assessment of life cycle emissions.
Earliest project phase that most commonly includes an assessment (column 2)
- The assessment of life cycle emissions may be undertaken at several phases in the project development. Select the earliest phase when the assessment is usually performed for your projects.
Life cycle stage(s) most commonly covered (column 3)
- Select the life cycle stage(s) that you typically include in your assessment.
- Cradle-to-grave and whole-life approaches are encouraged, however more restricted scopes may be used to fit the needs of specific projects.
Methodologies/standards/tools applied (column 4)
- Indicate which methodologies, standards or tools you use in your analysis.
Explanation of terms
- Embodied carbon: Refers to emissions that arise from producing, procuring and installing the materials and components that make up a structure. It may also include the lifetime emissions from maintenance, repair, replacement and ultimately demolition and disposal.
- Project phases:
- Pre-design phase: The phase when the core project requirements are defined. Usually includes developing an initial project brief and undertaking feasibility studies.
- Design phase: The phase when architectural and technical planning is developed. May include sub-stages such as concept design, developed design and technical design.
- Construction: Includes tendering and construction activities up to handover of the building.
- Operation: Building use phase.
- Life cycle stages (in line with “Whole life carbon assessment for the built environment”, RICS professional statement, 2017 and EN 15978: 2011):
- Cradle-to-gate: Includes raw materials extraction and supply, transport to manufacturing plant and manufacturing and fabrication. Emissions across this stage are calculated by assigning suitable embodied carbon factors to the given elemental material quantities: Cradle-to-gate emissions = Material quantity × Material embodied carbon factor.
- Cradle-to-practical completion/handover: Includes emissions in the previous stage (cradle-to-gate) plus the emissions from the construction process. In total, this stage includes raw materials extraction and supply, transport to manufacturing plant, manufacturing and fabrication, transportation of the materials and components from the factory gate to the project site and their assembly into a building.
- Cradle-to-grave: Encompasses embodied carbon over the life cycle, including emissions in the previous stage (cradle-to-practical completion/handover) plus emissions from:
-Use stage: Any emissions relating to operational energy and water use as well as any embodied carbon impacts associated with maintenance, repair, replacement and refurbishment of building components;
-End-of-life stage: Any emissions arising from decommissioning, stripping out, disassembly, deconstruction and demolition operations as well as from transport, processing and disposal of materials at the end of life of the project.
- Whole life: Includes emissions in the previous stage (cradle-to-grave) plus potential environmental benefits or burdens of materials and components beyond the life of the project. It captures the avoided emissions (or potential loads) from utilising repurposed items to substitute primary materials and can be used as a metric for quantifying circularity and assessing future resource efficiency.
(C-CN6.6b/C-RE6.6b) Can you provide embodied carbon emissions data for any of your organization’s new construction or major renovation projects completed in the last three years?
Question dependencies
This question only appears if you select “Yes, quantitative assessment” or “Yes, both qualitative and quantitative assessment” in response to C-CN6.6/C-RE6.6.
Change from 2019
New question
Rationale
Consideration of embodied carbon at the initial design and construction stages is necessary in order to achieve the required GHG reductions. The relative significance of embodied carbon is increasing, due to the decarbonization of the grid and increased operational efficiency of buildings.
This and the follow-up question provide investors and other data users with information on the embodied carbon of buildings that your organization completed in the last three years or the reasons you are not able to calculate or disclose this data.
Response options
Please complete the following table:
Ability to disclose embodied carbon emissions | Comment |
---|
Select from:
| Text field [maximum 2,400 characters] |
Requested content
General
- Indicate if you are able to disclose the results of your embodied carbon assessments for buildings (new construction or major renovation) completed in the last three years. If you respond “Yes”, you will be requested to provide details in the following question.
Comment (column 2) (optional)
- If you selected “No”, you may explain here why you cannot disclose the embodied emissions of your projects.
Explanation of terms
- Embodied carbon: Refers to emissions that arise from producing, procuring and installing the materials and components that make up a structure. It may also include the lifetime emissions from maintenance, repair, replacement and ultimately demolition and disposal.
Additional information
“Bringing Embodied Carbon Upfront: Coordinated action for the building and construction sector to tackle embodied carbon” (2019) – the World Green Building Council’s “call to action” report on embodied carbon that aims to spark a global conversation around the value and importance of reaching net zero embodied carbon; adopt a common language, definition, principles, milestones and feasible actions that can be used by all parts of the value chain.
“The Embodied Carbon Review”(Bionova Ltd, 2018) - global review of the status quo of construction sector embodied carbon reduction approaches. The report details how the embodied carbon, that is, the carbon emissions from construction materials, is addressed in certifications and regulations globally.
“Embodied Carbon – Practical Guidance” (2017) – developed by the UK Green Building Council, this guide is designed for those who need to write effective briefs for commissioning their first embodied carbon measurements, but who may be at an early stage of embodied carbon knowledge. The guidance explains some of the basics of embodied carbon, gives an overview of some suggested approaches and gives practical tips on how to use the outcomes of an assessment.
(C-CN6.6c/C-RE6.6c) Provide details of the embodied carbon emissions of new construction or major renovation projects completed in the last three years.
Change from 2019
New question
Question dependencies
This question only appears if you select “Yes” in response to C-CN6.6b/C-RE6.6b.
Rationale
Consideration of embodied carbon at the initial design and construction stages is necessary in order to achieve the required GHG reductions. The relative significance of embodied carbon is increasing, due to the decarbonization of the grid and increased operational efficiency of buildings. This question provides investors and data users with information on the embodied carbon of buildings that you completed in the last three years or the reasons you are not able to calculate or disclose these data.
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Year of completion
|
Property sector |
Type of project
|
Project name/ID (optional)
|
Life cycle stage(s) covered
|
Numerical field [enter a number between 1990- 2020]
|
Select from:
- Retail
- Office
- Industrial
- Residential
- Hotel
- Lodging, Leisure & Recreation
- Education
- Technology/Science
- Healthcare
- Mixed use
- Other, please specify
|
Select from:
- New construction
- Major renovation
|
Text field [maximum 2,400 characters]
|
Select from:
- Cradle-to-gate
- Cradle-to-practical completion/handover
- Use stage
- End-of-life stage
- Cradle-to-grave
- Whole life
- Other, please specify
|
Normalization factor (denominator)
|
Denominator unit
|
Embodied carbon (kg/CO2e per the denominator unit)
|
% of new construction/major renovation projects in the last three years covered by this metric (by floor area)
|
Methodologies/standards/tools applied
|
Comment
|
Select from:
- IPMS 1
- IPMS 2 – Office
- IPMS 2 – Industrial
- IPMS 2 – Residential
- IPMS 2 – Retail
- IPMS 3 – Office
- IPMS 3A – Industrial
- IPMS 3A – Residential
- IPMS 3A – Retail
- IPMS 3B – Industrial
- IPMS 3B – Residential
- IPMS 3B – Retail
- IPMS 3C – Residential
- IPMS 3C – Retail
- Internal building volume
- Other, please specify
|
Select from:
- square foot
- square meter
- cubic foot
- cubic meter
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Select all that apply:
- BBCA Label (Bâtiment Bas Carbone)
- E+C- Label (Énergie Positive & Réduction Carbone)
- Embodied Carbon in Construction Calculator (EC3) Tool
- EN 15978
- EN 15804
- GHG Protocol - Product Life Cycle Accounting and Reporting Standard
- ISO 14040/44
- ISO 14025
- One Click LCA
- Whole life carbon assessment for the built environment (RICS)
- Other, please specify
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Year of completion (column 1)
- Provide the year of project completion. You are requested to disclose the data for your new construction or major renovation projects completed in the last 3 years.
Project name/ID (optional) (column 4)
- You may use this column to identify the project you are supplying data for. This is optional.
Normalization factor (denominator) (column 6)
- Select the normalization factor – area or volume – for your embodied carbon data.
- For the data reported by area, you are encouraged to use floor area measurements in line with the International Property Measurement Standards (IPMS).
% of new construction/major renovation projects in the last three years covered by this metric (by floor area) (column 8)
- Indicate the percentage that this project contributes (by floor area) to the new construction and major renovation projects completed in the last three years.
- The sum of all rows for this column should give the total proportion of the company’s completed projects in the last three years where embodied carbon is evaluated (i.e. the total of 100% will indicate that embodied carbon was evaluated for all projects completed in the last three years).
Comment (column 10) (optional)
- You may provide further details on your assumptions, spatial boundaries, life cycle stages included, reference study periods and any other relevant information to help contextualize the provided embodied carbon figure.
Explanation of terms
- Property sectors (in line with 2020 GRESB Real Estate Assessment)
Retail: Includes the following property types:
Retail, High street: retail buildings located on the high street in a particular area, usually terraced properties located in the city center or other high-traffic pedestrian zones.
Retail centers: shopping centers, strip malls, lifestyle centers and warehouses.
Restaurants/Bars: buildings used primarily for social/entertainment purposes and characterized by most of the revenue being generated from the sale of beverages or food.
Other: other retail properties that do not fit in the aforementioned property types.
Office: Includes the following property types:
Corporate: low-rise, mid-rise and high-rise office properties.
Medical office: examples may include but are not limited to offices specifically used for the purpose of medical administration, secondary research or other purposes, exclusive of the property types specified for Healthcare center.
Business park: a group of office properties being classified as a single financial asset and for which individual property consumption data is not available.
Other: other office properties that do not fit in the aforementioned property types.
Industrial: Includes the following property types:
Distribution warehouses: industrial buildings used for the purpose of storing, processing and distribution of goods to wholesalers, retailers and/or consumers.
Manufacturing: industrial buildings used for the purpose of manufacturing. Otherwise known as a factory or manufacturing plant.
Industrial parks: areas zoned for the purpose of industrial development, where (lightweight) industrial buildings are grouped together with offices. Examples may include, but are not limited to: industrial estates, trading estates and enterprise zones.
Other: other industrial properties that do not fit in the aforementioned property types.
Residential: Includes the following property types:
Residential Multi-family: multiple residential dwelling spaces contained within one building. This includes low-, mid- and high-rise multi-family residential buildings.
Family homes: includes both single-family homes and multi-dwelling units not including apartment blocks. A single-family home is a separate, free-standing residential building. A multi-dwelling family home includes those such as two-flats, duplex, semi-detached, and townhouses. Synonyms include: single-family home, single-detached dwelling, detached house, single-family residence, separate house, free-standing house, townhouse, duplex, condo, semidetached, villa.
Student housing: residential buildings used for the purpose of housing students, otherwise known as student apartments, student houses, student residences, student quarters, and student accommodations.
Retirement living: otherwise known as retirement villages – communities comprised of people at a similar stage in life who are seeking a specific lifestyle. Retirement villages are made up of private homes and usually offer a range of shared facilities.
Other: other residential properties that do not fit in the aforementioned property types.
Hotel: includes hotels, motels, youth hostels and resorts.
Lodging, leisure & recreation: indoor center used for the purpose of leisure and recreation. Examples include but not limited to: indoor arenas, fitness centers, performing arts centers, swimming centers and museums/galleries.
Education: includes schools, universities, libraries and other education properties.
Technology/Science: includes data centers, laboratory/life sciences properties and other specifically designed and equipped technology/science properties.
Healthcare: Includes the following property types:
Healthcare center: buildings used for the purpose of primary healthcare. Examples may include, but are not limited to: hospitals, clinics, physical therapy centers and mental health centers.
Senior homes: healthcare properties used for the purpose of housing seniors, otherwise known as senior assisted living homes, old-age homes, or aged care.
Other: other healthcare properties that do not fit in the aforementioned property types.
Mixed use: Mixed-use buildings that lack data availability by individual property type components.
Other: includes parking (indoors), self-storage, and other properties that do not fit in the aforementioned property types.
- IPMS: The International Property Measurement Standard (IPMS) is a high-level and over-arching standard which aims to establish a globally consistent methodology for property measurement. CDP encourages using IMPS for reporting floor areas to ensure comparability of data. Detailed definitions and guidance are available on the IPMS website.
Biogenic carbon data
(C6.7) Are carbon dioxide emissions from biogenic carbon relevant to your organization?
Change from 2019
Minor change; Removed question for FS only
Rationale
The GHG Protocol’s Corporate Accounting and Reporting Standard outlines that carbon dioxide emissions from biogenic carbon shall be reported separately from the Scopes.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Response options
Select one of the following options:
Requested content
General
- Carbon dioxide emissions from biogenic carbon occur during the combustion of biomass (e.g. in the form of biofuels such as biogas) or from certain land use management practices. If any of these are relevant to your organization, you should respond “Yes”. In this context, “relevant” is as defined in the GHG Protocol’s Corporate Accounting and Reporting Standard (page 8), meaning “that it contains the information that users—both internal and external to the company—need for their decision making”.
Explanation of terms
- Biogenic carbon: Refers to carbon which is contained in biomass (both above-ground and below-ground), dead organic matter, soil organic matter, and harvested products.
(C6.7a) Provide the emissions from biogenic carbon relevant to your organization in metric tons CO2.
Question dependencies
This question only appears if you select “Yes” in response to C6.7.
Change from 2019
Minor change; Removed question for FS only
Rationale
This question provides data users insight into the CO2 emissions from biogenic carbon. Reporting these emissions separately aligns with best practice environmental reporting and the GHG Protocol’s Corporate Accounting and Reporting Standard.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Response options
Please complete the following table:
CO2 emissions from biogenic carbon (metric tons CO2)
|
Comment
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places and no commas]
|
Text field [maximum 2,400 characters]
|
Requested content
CO2 emissions from biogenic carbon (metric tons CO2) (column 1)
- Please enter your total direct emissions of CO2 from biogenic carbon, for example, CO2 emissions from combustion of biofuels.
- This figure specifically requests information on direct CO2 emissions that occur from sources that are owned or controlled by the company. However, if you would like to report your indirect emissions from biogenic carbon, you can report this in the Comment column, outlining the quantity and source(s) of these emissions.
- Do not include other GHGs emitted from the combustion of biomass or fermentation (e.g. nitrous oxide and methane are emitted from the combustion of biomass/biofuel). These should be reported within Scope 1, 2 or 3 (whichever is relevant to your company).
Additional information
Biogenic materials, including biomass, biofuels, and biogas, are increasingly used as a resource for energy generation. While biomass can produce fewer GHG emissions than fossil fuels and may be grown and used on a shorter time horizon, it still produces GHG emissions and should not be treated with a “zero” emission factor.
Based on the GHG Protocol Corporate Accounting and Reporting Standard, any emissions of CH4 or N2O from biologically sequestered carbon shall be reported in scope 1, 2 or 3, while the emissions of CO2 shall be reported outside the scopes. In practice, for Scope 2 emissions this means that any market-based method data that includes biofuels should report the CO2 portion of the biofuel combustion separately from the scope. Please refer to GHG Protocol Scope 2 Guidance for more details.
Biogenic
carbon data: agriculture
Questions C6.8 and C6.9 only apply to organizations with activities in the following sectors:
- Agricultural commodities
- Food, beverage & tobacco
- Paper & forestry
(C-AC6.8/C-FB6.8/C-PF6.8) Is biogenic carbon pertaining to your direct operations relevant to your current CDP climate change disclosure?
Change from 2019
No change
Rationale
According to the GHG Protocol Agricultural Guidance, except for land use change (LUC) that results in a reduction of carbon stock, all other CO2 fluxes to/from biologically based carbon pools that are owned or controlled by you should be reported separately from the Scopes in a special “Biogenic Carbon” category. Thus, this question gathers information on biogenic carbon that is not included in your Scope 1 and Scope 2 figures.
This information provides context to data users on the extent of your biogenic carbon fluxes and on the neutrality of you CO2 emissions.
Note that this question asks about any CO2 fluxes that have not resulted in a reduction of carbon stock, as well as any CO2 emissions from biofuel/biomass combustion in, but not limited to, machinery and vehicles (e.g. land/processing/manufacturing machinery, transportation vehicles).
Response options
Select one of the following options:
Requested content
General
- There are three components of Biogenic Carbon:
- CO2 fluxes (emissions or removals) during land use management;
- Sequestration during LUC; and
- CO2 emissions from biofuel combustion (from land/processing/manufacturing machinery as well as biofuels used in vehicles).
- Select "Yes" if any of the above applies to your organization.
- Note that CO2 emissions from soils and woody biomass that result from land use change should be reported within the Scopes (not in the Biogenic Carbon category) because they effectively constitute permanent losses of carbon to the atmosphere.
Explanation of terms
- Biogenic carbon: Refers to carbon which is contained in biomass (both above-ground and below-ground), dead organic matter, soil organic matter, and harvested products.
- Land use management: Movement of CO2 from carbon stocks in soils, above and below-ground woody biomass, and dead organic matter (DOM) stocks, and the combustion of crop residues for non-energy purposes.
- Sequestration during land use change: CO2 removals by soils and biomass following afforestation or reforestation.
Additional information
(C-AC6.8a/C-FB6.8a/C-PF6.8a) Account for biogenic carbon data pertaining to your direct operations and identify any exclusions.
Question dependencies
This question only appears if you select "Yes" in response to C-AC6.8/C-FB6.8/C-PF6.8.
Change from 2019
No change
Rationale
This question gathers data on biogenic carbon that is not included in your Scope 1 and Scope 2 figures. This information provides context to data users on the extent of your biogenic carbon fluxes and on the neutrality of you CO2 emissions.
Response options
Please complete the following table:
Type of change
|
Emissions (metric tons CO2e)
|
Methodology
|
Please explain
|
CO2 emissions from land use management
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 3 decimal places]
|
Select all that apply:
- Default emissions factors
- Region-specific emissions factors
- Empirical models
- Process-based models
- Field measurements
- Other, please specify
|
Text field [maximum
2,400 characters]
|
CO2 removals from land use management
|
|
|
|
Sequestration during land use change
|
|
|
|
CO2 emissions from biofuel combustion (land machinery)
|
|
|
|
CO2 emissions from biofuel combustion (processing/manufacturing machinery)
|
|
|
|
CO2 emissions from biofuel combustion (other)
|
|
|
|
Requested content
General
- The biogenic carbon data requested here is linked to those business activities you indicated as relevant in C-AC0.6/C-FB0.6/C-PF0.6, e.g. if you selected "Own land only" or "Both own land and elsewhere in the value chain" for row "Agriculture/Forestry", you will be asked to report biogenic data on "CO2 emissions from land use management". Note that if you selected "Both own land/direct operations and elsewhere in the value chain" for an activity, you should only report biogenic data associated with your own operations.
Type of change (column 1)
- "CO2 emissions/removals from land use management", "sequestration" and "CO2 emissions from biofuel combustion (land machinery)" only appear in the case you indicated that agricultural/forestry activities are relevant to your organization.
- "CO2 emissions from biofuel combustion (processing/manufacturing machinery)" only appears if you indicated that processing/manufacturing activities are relevant to your organization.
- "CO2 emissions from biofuel combustion (other)" only appears if you indicated that distribution activities are relevant to your organization.
Emissions (metric tons CO2) (column 2)
- Provide a figure in metric tons that is representative of the "type of change" indicated in column 1 within your direct operations.
Methodology (column 3)
- Select the option(s) that best describe the methods used to calculate your emissions figure reported in column 3 (Emissions…).
- You should consider the following:
- Default emissions factors: involve the multiplication of activity data by an international default emissions factor.
- Region-specific emissions factors: involve the multiplication of activity data by an emissions factor specific to the region.
- Empirical models: involve using field measurements to develop statistical relationships between GHG data and activity-specific factors.
- Process-based models: involve mathematically linking biogeochemical processes that control the production, consumption, and emission of GHGs.
- If none of the options are applicable to your organization, select "Other, please specify" and indicate the methodology you used to calculate the emissions figure in column 2.
Please explain (column 4)
- Specify and describe the methodology and tools used to calculate your biogenic carbon figure reported in column 2 (Emissions…), including your assumptions.
- If applicable, specify the sources of the biofuel used.
- Specify and explain any exclusions.
Additional information
Other emissions data: agricultural commodities
(C-AC6.9/C-FB6.9/C-PF6.9) Do you collect or calculate greenhouse gas emissions for each commodity reported as significant to your business in C-AC0.7/C-FB0.7/C-PF0.7?
Question dependencies
This question only appears if you responded to C-AC0.7/FB0.7/PF0.7.
Change from 2019
No change
Rationale
In question C-AC0.7/FB0.7/PF0.7, you disclosed the agricultural commodities on which your business is most reliant. These commodities were listed because of their dependency on natural capital and its associated ecosystem services under threat by climate change and/or their association with large CO2e emissions. This question gathers information on whether your organization collects and/or calculates greenhouse gas (GHG) emissions data on these commodities. This information provides further context to data users about the magnitude of the climate-related risks associated with your business.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Agricultural commodities
|
Do you collect or calculate GHG emissions for this commodity?
|
Please explain
|
Select from:
List created with commodities selected in C-AC0.7/C-FB0.7/C-PF0.7.
|
Select from:
- Yes
No, not currently but intend to collect or calculate this data within the next two years
- No
|
Text field [maximum 2,000 characters]
|
[Add Row]
Requested content
General
- Organizations are encouraged to collect/calculate GHG emissions data for all commodities specified as highly relevant to their business.
- If you select "Yes" to column 2 (Do you collect…), you will have the opportunity to disclose your data and describe your methods in the following question (C-AC6.9a/C-FB6.9a/C-PF6.9a).
Agricultural commodities (column 1)
- Note that only those commodities that you specified in C-AC0.7/FB0.7/PF0.7 will appear in the list. If you collect/calculate data for a commodity that is not listed here, you should modify your response to C-AC0.7/FB0.7/PF0.7 by adding a new row for the additional commodity.
Please explain (column 3)
- If you selected "Yes" specify the boundaries used for data collection/calculation, e.g. company-wide, direct operations, supply chain or only selected facilities.
- If you selected "No, not currently but intend to collect or calculate this data within the next two years", detail your plans, by including:
- Coverage of data collection/calculation, e.g. company-wide, supply chain or only selected facilities.
- Timeframe for starting to collect/calculate this information.
- Methods/tools you plan to use.
- If you selected "No", specify your main reason for not collecting/calculating this data and provide an explanation.
(C-AC6.9a/C-FB6.9a/C-PF6.9a) Report your greenhouse gas emissions figure(s) for your disclosing commodity(ies), explain your methodology, and include any exclusions.
Question dependencies
This question only appears if you select "Yes" in response to C-AC6.9/C-FB6.9/C-PF6.9
Change from 2019
No change
Rationale
This question gathers information on the data your organization collects and/or calculates regarding GHG emissions associated with these commodities. This information provides further context to data users about the magnitude of the climate-related risks associated with your business.
Response options
Please complete the following table:
Agricultural commodity
|
Reporting emissions by
|
Emissions (metric tons CO2e)
|
Denominator: unit of production
|
Change from last reporting year
|
Please explain
|
Rows triggered by commodities for which “Yes” was selected in C-AC6.9/C-FB6.9/C-PF6.9.
|
Select from:
|
Numerical field [enter a number
from 0-999,999,999,999 using a maximum of 10 decimal places]
|
Select from:
- Kilograms
- Liters
- Metric tons
- Unit of product
- Unit of revenue
- Other, please specify
|
Select from:
- This is our first year of measurement
- Much lower
- Lower
- About the same
- Higher
- Much higher
|
Text field [maximum 2,000 characters]
|
Requested content
General
- Note that only those commodities for which you collect/calculate GHG emissions data will be shown here.
- To calculate your emissions figure associated with the commodity, you should consider the activities performed by your organization that are linked to the commodity. For example, if you produce soy, you should consider all the emissions associated with farming this commodity that are within your reporting boundaries.
Reporting emissions by (column 2)
- Organizations are encouraged to report the commodity associated emissions per unit of production, e.g. CO2e/kg of product. However, if you are unable to provide this, you may report your emissions as an absolute figure by selecting "Total".
Emissions (metric tons CO2e) (column 3)
- This figure should be representative of your reporting year, boundaries for data collection/calculation as indicated in column 3 of C-AC6.9/C-FB6.9/C-PF6.9, and expressed in metric tons.
Denominator: unit of production (column 4)
- This column will appear only if you select "Unit of production" in column 2 (Reporting…).
- If none of the options are applicable for your organization, select "Other, please specify" and provide the unit of production applicable to your calculations.
Please explain (column 6)
- Provide details on the methods/tools and assumptions used to calculate your figure reported in column 3 (Emissions…).
- Specify any exclusions in the case your reported figure does not cover your entire boundary for data collection/calculation as indicated in column 3 (Please explain) of C-AC6.9/C-FB6.9/C-PF6.9. In that case, provide an explanation as to why you have excluded certain parts of your business.
Example response
Agricultural commodity
|
Reporting emissions by
|
Emissions (metric tons CO2e)
|
Denominator: unit of production
|
Change from last reporting year
|
Please explain
|
Cattle products
|
Unit of production
|
0.015
|
Kilograms
|
This is our first year of measurement
|
Our company mostly produces beef
and our main activities related to this commodity is agriculture and processing.
To calculate this figure, we accounted for all the emissions related to cattle
ranching in our properties, including land management emissions and emissions
from livestock; as well as emissions from our abattoirs and processing
facilities.
We
used the Cool Farm Tool to estimate our farm-level emissions; as well as direct
measurements, and default emissions factors to calculate total emissions from
our abattoirs and processing facilities. Given that our total beef production in
2017 was 911 tons of beef, our total emissions were estimated to be
approximately 13.6 tCO
2e (0.015 tCO2e per kg of beef). We excluded from this figure the emissions
from a small percentage (<5%) of our beef production, which is sourced from
our agricultural suppliers. We plan to start collecting data from our suppliers
in the next two years.
|
Additional information
The following tools can be used for calculating commodity-specific agricultural emissions:
For an overview of the available resources (i.e. standards, methodologies, tools, and calculators) for assessing emissions from agricultural production and agriculturally-driven land use change, please refer to: Measure the Chain: Tools for Assessing GHG Emissions in Agricultural Supply Chains
Emissions intensities
(C6.10) Describe your gross global combined Scope 1 and 2 emissions for the reporting year in metric tons CO2e per unit currency total revenue and provide any additional intensity metrics that are appropriate to your business operations.
Change from 2019
Modified guidance
Rationale
Intensity measures describe an organization’s CO2e emissions in the context of another business metric. In this way, the emissions are normalized to account for growth etc. Many companies and investors have historically tracked environmental performance with intensity ratios.
Connection to other frameworks
SDG
Goal 13: Climate action
Response options
Please complete the following table. It is requested that you first report your emissions intensity figure per unit of currency total revenue. You are able to add rows by using the “Add Row” button at the bottom of the table.
Intensity figure
|
Metric numerator (Gross global combined Scope 1 and 2 emissions, metric tons CO2e)
|
Metric denominator
|
Metric denominator: Unit total
|
Scope 2 figure used
|
% change from previous year
|
Direction of change
|
Reason for change
|
Numerical field [enter
a number from 0- 999,999,999,999 using a
maximum of 10 decimal places and no commas]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
|
Select from:
- unit total revenue
- barrel of oil equivalent (BOE)
- billion (currency) funds under management
- full time equivalent (FTE) employee
- kilometer
- liter of product
- megawatt hour generated (MWh)
- megawatt hour transmitted (MWh)
- metric ton of product
- ounce of gold
- ounce of platinum
- passenger kilometer
- room night produced
- square foot
- square meter
- metric ton of aggregate
- metric ton of aluminum
- metric ton of coal
- metric ton of ore processed
- metric ton of steel
- unit hour worked
- unit of production
- unit of service provided
- vehicle produced
- Other, please specify
|
Numerical field [enter a number from 0-999,999,999,999,999 using a maximum of 2 decimal places and no commas]
|
Select from:
- Location-based
- Market-based
|
Numerical field [enter
a number from 0-999 using a maximum of 2 decimal places]
|
Select from:
- Increased
- Decreased
- No change
|
Text field [maximum
2,400 characters]
|
[Add Row]
Requested content
General
- It is requested that you first report your emissions intensity figure per unit of currency total revenue and if applicable provide any additional intensity metrics that are appropriate to your business operations. The currency reported here should be the same one selected in C0.4. Emissions intensity per unit of revenue is one the most common and easy means to calculate emissions intensity, which is why it is requested that you provide this figure. However, this is not necessarily always the most appropriate to individual businesses and therefore you can also report an additional intensity or normalized metric that is most appropriate to your organization’s own operations.
- If you are a privately held organization, you may report whichever intensity is relevant for you. Please note that per unit of revenue is the preferred disclosure.
- If you did not disclose to CDP last year, or did not use this data point, please use last year’s inventory and financial data to provide a calculation of percentage change. If you did not measure your emissions last year, complete column 1 and explain why you do not have the data available in column 8.
Intensity figure (column 1)
- Intensity ratios express GHG impact per unit of physical activity or unit of economic output.
- Your intensity figure per unit of currency total revenue is calculated by dividing total Scope 1 and 2 emissions by unit revenue, making sure that the revenue figure used applies to the same organizational boundary as your emissions data.
- Important points to remember when calculating intensity are:
- Intensity = Emissions (metric tons CO2e) (Numerator) / Business metric (e.g. revenue) (Denominator)
- Numerator units: the intensity metrics requested in question C6.10 should have emissions in metric tons CO2e as the numerator. They should include Scope 1 and Scope 2 emissions combined. This figure can be obtained by summing the figures given in answer to questions C6.1 and C6.3.
- Denominator units: When calculating your intensity, you should ensure that the units of your data match those specified in the intensity metric. For example, question C6.10 requests for intensity in metric tons CO2e per unit currency revenue. This means that your revenue figure (the denominator) should be in the currency you specified in C0.4 and in single units, i.e. if your revenue is 5 Million US$ your unit revenue is 5000000. Another example would be metric tons CO2e per MWh – if your data is in kWh you must convert it to MWh before using it in the calculation.
- Boundary and Exclusions: You should ensure that the organizational boundary and any exclusions specified for your numerator is the same as for your denominator. For example, when entering your emissions per FTE employee you should ensure that you only include those FTE employees that are within the sections of the organization covered by the organizational boundary of your emissions and take into account any exclusions (as specified in question C6.4a).
Metric numerator (column 2)
- This column is fixed and specifies that the emissions should be in metric tons CO2e, derived from your gross global Scope 1 emissions figure (question C6.1) plus your gross global Scope 2 emissions figure (question C6.3).
Metric denominator (column 3)
- To report your organization’s emissions intensity per unit currency total revenue, select "unit total revenue" in column 3 (metric denominator) for this figure.
- Please note that the denominator in the selection “unit total revenue” is per single unit (1) of the currency specified in question C0.4. Please do not report your revenue emissions intensity based on multiples of your selected currency (e.g. do not report in multiples of Yen). It is understood that this will likely result in your intensity figure being quite small (less than 0.01).
- If you select “Other, please specify”, provide a label for the Metric denominator.
Metric denominator: Unit total (column 4)
- Ensure that the metric denominator figure provided in this column is the same unit that was chosen in column 3.
- For example, if your chosen metric in the previous column was FTE, you should input here how many FTE you had during the reporting year.
Scope 2 figure used (column 5)
- Indicate which Scope 2 figure has been used in your metric numerator.
% change from previous year (column 6)
- If you have experienced no change, please enter 0 (zero) in this column.
- If the previous year’s figure has been reported but recalculated since, please use the recalculated figure for the calculation of percentage change and note this in the last column (8). The previous year compared should apply to the 12-month period directly prior to the reporting period, even if it does not completely overlap with the period previously reported to CDP.
Direction of change (column 7)
- A declining intensity ratio reflects a positive performance (improvement), while an increasing intensity ratio reflects a negative performance (decline).
- If the percentage change from last year is 0 (zero) select "No change".
Reason for change (column 8)
- Describe why your emissions intensity has changed. Explain the primary reasons behind the change and the degree to which different factors have influenced the figures.
- Specify if this change is due to emission reduction initiatives, including those reported in C4.3b.
Note for coal sector companies:
- Coal sector companies are requested to provide an emissions intensity figure per unit of currency total revenue and in addition, per metric ton of coal.
Note for electric utility sector companies:
- Electric utility sector organizations are requested to provide an emissions intensity figure per unit of currency total revenue and in addition, report your organization’s gross global combined Scope 1 and 2 emissions intensity per MWh of gross power generated and/or per MWh of power transmitted – make sure to select megawatt hour generated (MWh) and/or megawatt hour transmitted (MWh).
Note for oil and gas sector companies:
- Oil and gas sector organizations are requested to provide an emissions intensity figure per unit of currency total revenue.
- Please note that question C-OG6.12 asks oil and gas organizations to provide the intensity figures for Scope 1 emissions (metric tons CO2e) per unit of hydrocarbon category.
Note for transport OEMs and transport services sector companies:
- Transport OEMs and transport services sector organizations are requested to provide an emissions intensity figure per unit of currency total revenue.
- Please note that, dependent on the extent you are able to disaggregate your emissions intensity for each transport mode between Scopes 1, 2, and 3: Category 4 upstream transportation and distribution, transport services organizations are asked to provide primary intensity (activity-based) metrics that are appropriate to emissions from transport activities in Scope 1, 2, and 3 in question C-TS6.15.
Note for real estate sector companies:
- In addition to reporting emissions intensity figure per unit of currency total revenue, real estate companies should consider reporting emissions intensity by occupants or square area.
Note for capital goods sector companies:
- In addition to reporting an emissions intensity figure per unit of currency total revenue, capital goods companies should consider reporting emissions intensity by unit of production or unit of service provided.
- If you measure the emissions intensity of specific products or product ranges, you will have the opportunity to provide this information in questions C-CG8.5 and C-CG8.5a.
Explanation of terms
- Intensity metrics: Intensity metrics describe an organization’s CO2e emissions in the context of another business metric. In this way, the emissions are normalized to account for growth. Intensity is calculated by dividing the CO2e emissions figure (the numerator) by an alternative business metric (the denominator), such as the number of full-time equivalent employees, the revenue or tons of aggregate produced.
- Revenue: Income arising in the
course of an entity’s ordinary activities (less returns, allowances and
discounts) - before deducting costs for the goods/services sold and operating
expenses to arrive at profit (based on the
International Financial Reporting Standard).
Example response
Worked example of calculating emissions intensities figures
A reporting organization has gross total combined Scope 1 and 2 emissions of 300,000 metric tons CO2e, revenue of 5 Million US$ and 3,000 FTE employees. In this case, the company could calculate and report its emission intensity figures by revenue and by FTE as follows:
1. Emissions intensity in metric tons CO2e per unit currency total revenue
Intensity = 300,000 (metric tons CO2e)/5,000,000 (US$)= 0.06
2. Emissions intensity in metric tons CO2e per FTE employee
Intensity = 300,000 (metric tons CO2e)/3,000 (FTE employee)= 100
Intensity figure
|
Metric numerator (Gross global combined Scope 1 and 2 emissions)
|
Metric denominator
|
Metric denominator: Unit total
|
Scope 2 figure used
|
% change from previous year
|
Direction of change
|
Reason for change
|
0.6
|
300,000
|
unit total revenue
|
5,000,000
|
Market-based
|
3
|
Decreased
|
Our organization has reduced our emissions as we transition our fleet to electric vehicles
|
100
|
300,000
|
full time equivalent (FTE)
|
3,000
|
Market-based
|
4
|
Decreased
|
In addition to reducing our emissions by shifting to electric vehicles we have hired more full time employees in the reporting year
|
Emissions intensities: Cement
(C-CE6.11) State your organization’s Scope 1 and Scope 2 emissions intensities related to cement production activities.
Change from 2019
No change
Rationale
For high impact homogenous sectors, it is common to express emissions per unit of physical output. Emissions intensity provides the means to indicatively compare emissions between companies and better understand the importance and spread of emissions across the sector.
Response options
Please complete the following table:
Output product
|
Gross Scope 1 emissions intensity, metric tons CO2e per metric ton
|
Net Scope 1 emissions intensity, metric tons CO2e per metric ton
|
Scope 2, location-based emissions intensity, metric tons CO2e per metric ton
|
Clinker
|
Numerical field [enter a number from 0-99 using a maximum of 4 decimal places]
|
Numerical field [enter a number from 0-99 using a maximum of 4 decimal places]
|
Numerical field [enter a number from 0-99 using a maximum of 4 decimal places]
|
Cement equivalent
|
|
|
|
Cementitious products
|
|
|
|
Low-CO2 materials
|
|
|
|
Requested content
General
- The figure provided for direct emissions (Scope 1) intensity may be derived by following the guidance in the WBCSD's Cement Sustainability Initiative (CSI). Accounting standards and detailed calculation methodology can be found in the link provided.
- In distinction from the CSI approach, you are encouraged to modify your fuel emission factors to include minor emissions of CH4 and NO2 that result from combustion.
- Further information on the definition of the cement sector boundary (encompassing "cement production activities") is provided in the guidance to questions C-CE7.4 and C-CE7.7.
- Complete the table for each of the output products.
- Your emissions intensity figures should be for the reporting year only (as defined by your answer to C0.2).
- If you do not produce one of the cementitious products, enter 0 (zero) in the relevant field.
- Intensity for each process route is the aggregate of emissions divided by the aggregate of product produced. This equates to the weighted average intensity per production activity inside the organizational boundary.
- The conventional output products are defined in the accounting standards set by the CSI (where clinker, cementitious products, and cement equivalent, have ID’s 8, 21a, and 21b, respectively).
- Emission intensities of "Cement equivalent" and "Cementitious products" production includes the emissions resulting from the production of clinker. Calculation information is provided by the CSI.
Gross Scope 1 emissions intensity, metric tons of CO2e per metric ton (column 2)
- Enter the Gross Scope 1 emissions intensity for each of the products produced by your organization, in metric tons of CO2e per metric ton.
- The term "Gross" aligns with the definition provided for question C6.1. This excludes emissions from biomass or biomass derived wastes.
Net Scope 1 emissions intensity, metric tons of CO2e per metric ton (column 3)
- Enter the net Scope 1 emissions intensity for each of the products produced by your organization, in metric tons of CO2e per metric ton.
- Net emissions are gross emissions minus credits for indirect GHG savings. Credits may be awarded for the use of "alternative fuels and raw materials "(AFR). AFR come in the form of recovered wastes which displace the use of fossil fuels. Subtracting credits is in-effect applying a zero-emission factor to the combustion of these wastes. For more information, refer to the accounting standards set by the WBCSD's Cement Sustainability Initiative (CSI).
Scope 2 location-based emissions intensity, metric tons of CO2e per metric ton (column 4)
- Enter the Scope 2 emissions intensity for each of the products produced by your organization, in metric tons of CO2e per metric ton.
- You should provide location-based Scope 2 emissions intensity.
Explanation of terms
- Alternative ‘low CO2’ cementitious materials (also referred to as "low-CO
2 materials" and "alternative low-CO2 cements/binders"): Alternative binding systems that represent a major shift from the traditional process of producing Portland clinker and cement, e.g. alkali activated cements. These alternative cements reduce CO2 process emissions, which are significant and inherent in Portland clinker production.
- Scope 1, and Scope 2 location-based: These terms are based on the standard set by The Greenhouse Gas Protocol.
Emissions intensities: Oil and gas
(C-OG6.12) Provide the intensity figures for Scope 1 emissions (metric tons CO2e) per unit of hydrocarbon category.
Change from 2019
No change
Rationale
Intensity measures describe an organization’s CO2e emissions in the context of another business metric. In this way, the emissions are normalized to account for growth. Data users and investors often track environmental performance with intensity ratios.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Unit of hydrocarbon category (denominator)
|
Metric tons CO2e from hydrocarbon category per unit specified
|
% change from previous year
|
Direction of change
|
Reason for change
|
Comment
|
Select all that apply:
- Thousand barrels of crude oil/condensate
- Thousand barrels of natural gas liquids
- Thousand barrels of oil sands (includes bitumen and synthetic crude)
- Million cubic feet of natural gas
- Thousand barrels of refinery throughput
- Thousand barrels of refinery net production
- Thousand metric tons of "high value chemicals" (lower olefins)
- Other, please specify
|
Numerical field [enter a
number from 0-999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a
number from 0-999 using a maximum of 2 decimal places]
|
Select from:
- Increased
- Decreased
- No change
|
Text field [maximum 2,400 characters]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- If you select “Other, please specify,” provide a label for the Unit of hydrocarbon.
Unit of hydrocarbon category (denominator) (column 1)
- High value chemicals (HVCs) include lower olefins such as ethylene, propylene from the pyrolysis gas of steam crackers, benzene (contained amounts, excluding extracted amounts,) butadiene (also contained,) acetylene and hydrogen sold (as fuel).
Metric tons CO2e from hydrocarbon category per unit specified (column 2)
- Scope 1 emissions per unit of hydrocarbon category reported here should be entered in metric tons CO2e per unit specified in column 1.
% change from previous year (column 3)
- If you have experienced no change, please enter 0 (zero) in this column.
- If the previous year’s figure has been reported but recalculated since, please use the recalculated figure for the calculation of percentage change and note this in the comment column (column 6). The previous year is the 12-month period directly prior to the reporting period, even if it does not completely overlap with the period previously reported to CDP.
Direction of change (column 4)
- A declining intensity ratio reflects a positive emissions performance, while an increasing intensity ratio reflects a negative emissions performance.
- If the percentage change from last year is 0 (zero) select "No change".
Reason for change (column 5)
- Describe why your emissions intensity has changed. Explain the primary reasons behind the change and the degree to which different factors have influenced the figures.
Explanation of terms
- High value chemicals: High value chemicals (HVCs) produced via steam cracking include ethylene, propylene from the pyrolysis gas of steam crackers, benzene (contained amounts, excluding extracted amounts), butadiene (also contained), acetylene, and hydrogen sold (as fuel).
(C-OG6.13) Report your methane emissions as percentages of natural gas and hydrocarbon production or throughput.
Change from 2019
No change
Rationale
Emissions of methane, the main component of natural gas, represent a loss of resources that directly impact topline revenue for oil and gas organizations. Investors need rigorous, accurate, and comparable information to assess organizations’ emissions of methane. By reporting emissions as a percentage of production or throughput, the resulting data becomes comparable between companies, regardless of size, and over time, as a given company’s operations evolve.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Oil and gas business division |
Estimated total methane emitted expressed as % of natural gas production or throughput at given division |
Estimated total methane emitted expressed as % of total hydrocarbon production or throughput at given division |
Comment |
Select all that apply:
- Upstream
- Midstream
- Downstream
- Chemicals
- Other, please specify
|
Numerical field [enter a number from 0-100 with a maximum of three decimal places] | Numerical field [enter a number from 0-100 with a maximum of three decimal places] | Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- The values to be reported are the total combined gross Scope 1 methane emissions determined for the given business division(s) (including vents, leaks, etc.,) expressed as a percentage of the aggregated production or throughput of natural gas and total hydrocarbons, respectively, at the given business division(s).
- If you select “Other, please specify,” provide a label for the oil and gas business division.
Estimated total methane emitted expressed as % of natural gas production or throughput at given division (column 2)
- Please report your total methane emissions rate as a percentage of natural gas production or throughput for the selected business division(s).
Estimated total methane emitted expressed as % of total hydrocarbon production or throughput at given division (column 3)
- Please report your total methane emissions rate as a percentage of total hydrocarbon production or throughput for the selected business division(s).
Additional information
- Methane emissions from the oil and gas sector: Methane metrics, which include emissions rates, will make data more actionable and aid in the assessment of methane performance. Emission rate refers to the percentage of total methane volume which is being lost as a function of production or throughput.
The latest scientific studies on methane emissions from the natural gas and oil industries suggest that, in order to maximize the climate benefits of a transition from both diesel and coal to natural gas on all time scales, methane emissions from the industry must be limited to an emissions rate of 0.8%. This means that each individual segment throughout the natural gas value chain, from well site to burner tip, must contribute much less than 0.8%.
(Adapted from EDF's report Rising Risk, January 2016)
Emissions intensities: Steel
(C-ST6.14) State your organization’s emissions and energy intensities by steel production process route.
Change from 2019
No change
Rationale
For high impact homogenous sectors, it is common to express emissions per unit of physical output. In the case of steel, energy intensity is also an important metric measured by the industry. Steel is produced via different routes, each of which plays a key role in the sustainability of steel supply to the economy. However, because typical intensities vary between routes, disclosing a single company-wide intensity could be misleading, because it masks the relative contribution from each route. Data users are therefore interested in average intensities per process route. The aim is to account for emissions concentration across sector and organization by acknowledging different process routes within the sector.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Process route
|
Emissions intensity figure, metric tons CO2e per metric ton of crude steel production
|
Energy intensity figure, GJ (LHV) per metric ton of crude steel production
|
Methodology applied
|
Comment
|
Select from:
- Blast furnace-basic oxygen furnace
- Scrap-electric arc furnace
- Direct reduced iron-electric arc furnace
- Other, please specify
|
Numerical field [enter a number from 0-99 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-99 using a maximum of 2 decimal places]
|
Select from:
- GHG Protocol
- Worldsteel Association
- Other, please specify
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- Complete this table for all process routes occurring inside your organizational boundary.
- Add rows for routes that are not listed.
- Data and information that you provide should be for the reporting year only (as defined by your answer to C0.2).
- Intensity for each process route is the aggregate of emissions or energy divided by the aggregate of crude steel produced. This equates to the weighted average intensity per process route inside the organizational boundary.
- No calculation of hypothetical intensities for benchmarking purposes should be disclosed here. However, depending on the methodology used, credit may be awarded for energy or carbon leaving the organizational boundary.
Emissions intensity figure, metric tons CO2e per metric ton of crude steel production (column 2)
- Enter the emissions intensity by steel production route in metric tons of CO2-equivalent per metric ton of crude steel produced.
Energy intensity figure, GJ (LHV) per metric ton of crude steel production (column 3)
- Enter the energy intensity by steel production route in metric GJ (LHV) per metric ton of crude steel produced.
- Higher heating value (HHV) is also known as gross calorific value (GCV), and lower heating value (LHV) is also known as net calorific value (NCV). Typically, LHV/HHV ratio is 0.95 for solid and liquid hydrocarbon fuels, such as coal and oil, and 0.9 for gaseous hydrocarbon fuels, such as natural gas.
Methodology applied (column 4)
- You should apply the same methodology for energy and emissions intensity.
- Select from the drop-down the methodology used to evaluate the emissions (metric tons of CO2-equivalent) and energy intensity (GJ(LHV)) of steel production per metric ton of crude steel produced.
- If the methodology applied is not in the dropdown, then please specify.
- If you choose the GHG Protocol, then you should calculate your emissions intensity using the equation below. Emissions relating to the production of purchased fuels, feedstocks, and raw materials should not be included for this methodology as it is classified under Scope 3.
/p>
- If you choose the GHG Protocol, then you should calculate net energy intensity. Your calculation boundary should include consumption of fuel and fuel feedstocks (as distinct from C8.2 questions which excludes fuel feedstocks). For example, this would include consumption of coal and coke at coke ovens and blast furnaces while coke oven gas and blast furnace gas consumption are balanced by their production. Consumption of purchased or acquired electricity, steam, heat, and/or cooling should also be included. Energy required for the production of purchased fuels, feedstocks, and raw materials should not be included for this methodology as it is classified under Scope 3. The general equation below describes the calculation of net energy intensity.
- CDP encourages the use of the Worldsteel methodology. This is because the Worldsteel methodology includes wider and indirect activity considerations, which improves consistency. General guidance may be referred to in this Worldsteel guide.
- Further guidance on emissions accounting in the steel sector is provided volume 3, chapter 4, of IPCC Guidelines for National GHG inventories. Drawing from these guidelines, the GHG Protocol provide further guidance and a tool to assist in the calculation of steel sector emissions.
Comment (column 5) (optional)
- You may provide information about the methodology and boundary used in the calculation of intensities.
Additional information
GHG Protocol
- The GHG Protocol provides a range of sector-specific tools, one of which is for Iron and Steel.
- This tool provides a methodology to calculate CO2 emissions from direct reduced iron (DRI) production.
The World Steel Association (worldsteel)
- The worldsteel Climate Action Recognition Program aligns with a methodology that has been published as an International standard ( ISO 14404: 2013), a calculation method of carbon dioxide emission intensity from iron and steel production.
- This ISO standard consists of two parts:
- Part 1: Steel plant with blast furnace, and;
- Part 2: Steel plant with electric arc furnace (EAF).
- This globally consistent methodology allows production to be normalized to allow CO2 emission comparisons between sites.
Emissions intensities: Transport services
(C-TS6.15) What are your primary intensity (activity-based) metrics that are appropriate to your emissions from transport activities in Scope 1, 2, and 3?
Change from 2019
No change
Rationale
The metrics requested in this question allow measuring carbon efficiency of transportation directly, independent of size or distance. This makes comparison between organizations and different transport modes possible. Information collected in this question will enable your organization, as well as investors and data users, to compare your emissions’ intensity over time and provide a more accurate measure of any improvements you are making.
Response options
Please complete the following table:
Activity
|
Scopes used for calculation of intensities
|
Intensity figure
|
Metric numerator: emissions in metric tons CO2e
|
LDV
|
Select from:
- Report just Scope 1
- Report Scope 1 + 2
- Report Scope 1 + 2 + 3 (category 4)
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of 6 decimal places]
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of 2 decimal places]
|
HDV
|
Select from:
- Report just Scope 1
- Report Scope 1 + 2
- Report Scope 1 + 2 + 3 (category 4)
|
|
|
Rail
|
Select from:
- Report just Scope 1
- Report Scope 1 + 2
- Report Scope 1 + 2 + 3 (category 4)
|
|
|
Aviation
|
Select from:
- Report just Scope 1
- Report Scope 1 + 2
- Report Scope 1 + 2 + 3 (category 4)
|
|
|
Marine
|
Select from:
- Report just Scope 1
- Report Scope 1 + 2
- Report Scope 1 + 2 + 3 (category 4)
|
|
|
ALL
|
Select from:
- Report just Scope 1
- Report Scope 1 + 2
- Report Scope 1 + 2 + 3 (category 4)
|
|
|
Metric denominator: unit | Metric denominator: unit total | % change from previous year | Please explain any exclusions in your coverage of transport emissions in selected category, and reasons for change in emissions intensity. |
---|
Select from:
| Numerical field [enter a number from 0- 999,999,999,999 using a maximum of 2 decimal places]
| Numerical field [enter a number from -999 to 999 using a maximum of 2 decimal places]
| Text field [maximum 2,400 characters]
|
Requested content
General
- This question requests intensity (activity-based) metrics of the average transport movements of your vehicles and the vehicles used in your supply chain. These are requested, normalized by the work done (number of passengers or the amount of goods (mass) moved, as well as distance.)
- For each of the mode of transport applicable to your organization, please report your most relevant intensity . For freight transport, this means an intensity metric in tCO2e per metric ton, per kilometer/mile (tCO2e/t.km or t.mile). For passenger transport, this means an intensity metric in tCO2e, per passenger, per kilometer/mile (tCO2e/p.km or p.mile). The guidance will refer to the kilometer metric in further text, but these also apply to the corresponding metric in miles.
- To calculate this metric for a particular transport mode and for all modes together, two main data points need to be gathered:
- The total tCO2e (metric tons CO2 equivalent) of emissions associated with transport movements by vehicles in a particular mode, such as heavy-duty vehicles (HDV).
- Ton-kilometer (or ton-mile) or passenger-kilometer (or passenger-mile). These metrics represent the transportation of persons or freight over the set distance of one km (or mile).
- For a more detailed breakdown of this metric, how to collect data and how to calculate it, please refer to the Technical Note on "Measuring the emissions intensity of transport movements".
- CDP recognizes that this method is not yet standardized across many industries, which may impact your ability to collect data on emissions and work done, between Scope 1, 2 and 3. In many cases it may be especially difficult to gather data for the relevant transport movements in Scope 3. Therefore, you are able to select your boundary in column 2 and report your specific coverage and reasons for exclusions in column 8.
- This question follows the general framework of splitting emissions figures and intensities by transport mode. Complete this table for all transport modes present in your business operations. However, CDP recognizes that it may be difficult to account for emissions from your value chain for all modes of transport selected. Therefore, if you do not have specific enough data on the transport modes used in your supply chain for emissions in Scope 3: Category 4, you should at the least complete this table for the "ALL" category and calculate an emissions intensity figure for all transport modes together.
Scopes used for calculation of intensities (column 2)
- CDP recommends the calculation of an intensity figure derived from all three emission scopes (option “Report Scope 1 + 2 + 3 (category 4)”).
- CDP recognizes that organizations have differing levels of data quality and different levels of completeness of their emission inventories across Scopes 1, 2, and 3: Category 4. Therefore, you have an option to select the combination of scopes that corresponds to the information that is available to you.
- Transport emissions that fall under your selected control boundary are reported under Scope 1+2. Transport emissions that fall outside of your selected control boundary are reported under Scope 3: Category 4: Upstream transportation and distribution.
- Companies who are new to reporting an emission intensity figure are recommended to start with an intensity metric that includes their Scope 1 emissions, and possibly Scope 1+2 if your transport movements also include emissions from electricity use, through for example hybrid or full-electric vehicles
- To expand this reporting to include Scope 3: Category 4 Upstream transportation and distribution, you will need data from your transport service suppliers on both the activity levels and the associated emissions. You may use the method proposed in the GLEC Framework, which will enable you to gain the information required for this metric for your Scope 3 emissions. See also the Technical Note on "Measuring the emissions intensity of transport movements" for an introduction to this methodology and guidelines to gathering the required data.
- The main category for reporting Scope 3 emissions from transportation is category 4 (Upstream). Responders should be aware not to report their Scope 3 emissions from purchased transportation services under category 9: Downstream emissions and distribution. As the GHG Protocol Corporate Value Chain standard [page 47] explains:
- “Outbound transportation and distribution services that are purchased by the reporting company are excluded from category 9 and included in category 4 (Upstream transportation and distribution) because the reporting company purchases the service. “
- This applies to this question, as well as C6.5 (Scope 3 emissions).
- For carriers and logistics service providers, therefore the only relevant category for the calculation of Scope 3 emissions will generally be category 4. If you have specific emissions from your business model that fall within category 9, do not use data associated with this category for the calculation of intensities in this question.
- See the table below for an excerpt from the Corporate Value Chain Standard table [5.7] [page 45], that explains the differences between Scope 1+2, S3:4 and S3:9, and the reasoning why carriers and logistics service providers are recommended to use category 4.
Transportation and distribution activity in the value chain
|
Scope and scope 3 category
|
Transportation and distribution in vehicles and facilities owned or controlled by the reporting company
|
Scope 1 (for fuel use) or Scope 2 (for electricity use)
|
Transportation and distribution services purchased by the reporting company in the reporting year (either directly or through an intermediary), including inbound logistics, outbound logistics (e.g., of sold products), and transportation and distribution between a company's own facilities (in vehicles and facilities not owned or controlled by the reporting company)
|
Scope 3, category 4 (Upstream transportation and distribution)
|
Transportation and distribution of products sold by the reporting company between the reporting company's operations and the end consumer (if not paid for by the reporting company), including retail and storage (in vehicles and facilities not owned or controlled by the reporting company)
|
Scope 3, category 9 (Downstream transportation and distribution)
|
Intensity figure (column 3)
- Enter the numerical value of the intensity metric most appropriate to your organization’s products and/or services derived from the reported metric numerator (column 4) and metric denominator (column 6).
Metric numerator: emissions in metric tons CO2e (column 4)
- Provide the total emissions figure for the activity (column 1) and scopes (column 2) selected, in metric tons CO2e.
- Only report here emissions used to derive your intensity figure (in column 3).
Metric denominator (column 5)
- Select the most relevant metric denominator applicable to the transport mode you are reporting.
Metric denominator: Unit total (column 6)
- Enter the numerical value of the metric denominator selected in column 5, used to evaluate the emissions intensity figure presented (column 3)
- This will either be the total passenger-kilometers/miles (p.km or p.mile) or the total ton-kilometers/miles (t.km or t.mile).
% change from previous year (column 7)
- Report the % change from the previous year for the reported metric (column 3).
- If you have experienced no change, please enter 0 (zero) in this column.
- Leave the column blank if you do not have sufficient data to calculate the change from the previous year, or if this is the first year you have tracked this metric. Inserting a zero (0) in this column would suggest that you have compared your intensity to the 12-month period prior, and that the % change is equal to 0 (zero.)
- The % change figure may be in part due to expansion of coverage towards previously excluded transport movements in your Scope 3 emissions. If this is the case, please explain this, and state the fraction of the percentage increase due to expansion of coverage in column 8.
Please explain any exclusions in your coverage of transport emissions in selected category, and reasons for change in emissions intensity (column 8)
- Explain the metric that you are reporting, including:
- Whether it covers all your vehicle types within the reported transport mode or only certain type(s),
- State any assumptions made to disaggregate this transport mode, and any reasons for reporting intensity metrics separately. For example, any assumptions made to breakdown the LDV transport mode into light commercial vehicles (LCV) or passenger light duty vehicles.
- As mentioned above, full coverage of all relevant Scope 1+2+3: Category 4 emissions in these intensity metrics requires a lot of data and information on both emissions in tCO2e, and transport activity in p.km or t.km. It is recognized that obtaining this information may prove challenging, and therefore companies are expected to have varying levels of coverage depending on how they have been able to engage with their supply chain. Therefore, please explain the following:
- If you have selected to report just Scope 1, or Scope 1+2 emissions intensities, please state the reason for not including any Scope 3 emissions in the calculation of your intensity metrics.
- Please report the extent of exclusions in your coverage of transport emissions in the selected categories.
- It is recommended to report these exclusions based on the coverage of transport activity, not emissions. For example, if you have been able to collect, estimate or model 45% of all relevant purchased transport activity data that falls under the boundary of Scope 3: Category 4, report this information here.
- Explain any reasons you have identified for changes in emissions intensity stated in column 7.
- In addition to the most relevant metric for each transport mode that you are reporting in each row, you can report here any other metrics that you monitor. If you intend to do so, please clearly state these additional metrics and what types of vehicles they apply to, e.g. if your primary intensity metric that you reported for LDV mode is for light commercial vehicles (LCV) and you also wish to report any additional metrics relating to passenger light duty vehicles, please clearly state this.
Explanation of terms
- Carbon efficiency of transportation: The carbon efficiency of transportation, as defined by the GLEC framework, is the amount of carbon emitted by a carrier to complete a combination of tasks, e.g. transporting goods for one or more customers as efficiently as possible.
- GLEC Framework: The Global Logistics Emissions Council (GLEC) Framework is a universal and transparent way of calculating logistics emissions across the global multi-modal supply chain. The GLEC Framework aims to allow companies to understand their carbon footprints, alongside costs and time to decide the best way to transport their goods.
- Metric tons of CO2-equivalent (tCO2e): a metric that allows for other Greenhouse Gases (GHGs) to be expressed in relation to CO 2 based on their Global Warming Potentials (GWPs). A metric ton is 1000 kg, equivalent to 2204.62 lbs.
- Primary intensity metric: This transport-specific intensity metric allows for the direct comparison of vehicle performance to climate-related scenarios. These metrics measure the efficiency of transportation based on the actual work being done. The amount of work done comprises the goods and/or passengers moved and the effective distance that these goods/passengers are moved, from origin to destination. For the organization, the efficiency of total work done is determined by combining the total of transported units and the distance driven with these units. The standard unit is metric ton of CO2e per ton-kilometer or passenger-kilometer.
- Passenger-kilometer (p.km): a unit of measurement which represents the transportation of one passenger by a defined mode of transport over a distance of one kilometer.
- Passenger-mile (p.mile): a unit of measurement which represents the transportation of one passenger by a defined mode of transport over a distance of one mile.
- Ton-kilometer (t.km): a unit of measurement which represents the transportation of one metric ton of goods (including packaging and tare weights of intermodal transport units), by a given transport mode over a distance of one kilometer.
- Ton-mile (t.mile): a unit of measurement which represents the transportation of one metric ton of goods (including packaging and tare weights of intermodal transport units), by a given transport mode over a distance of one mile.
Additional information
- Global Logistics Emissions Council framework: For the guidance on calculating these metrics, you may wish to consider the GLEC (Global Logistics Emissions Council ) framework for logistics emissions accounting. This is a global framework that seeks to combine many existing standards and present a unified and globally comparable metric for logistics emissions accounting. Many concepts and recommendations in this guidance have been based on the GLEC measurement framework. Companies who have already adopted the GLEC framework should find many alignments with their output and the data requested in this question.
C7 Emissions breakdown
Module Overview
This module enables respondents to break down Scope 1 and Scope 2 emissions by country, business division, facility and sector.
By breaking down emissions by country or region, this data can be made available to regions, states and sub-national bodies to help guide the development of emissions-related legislation.
Breaking down emissions by business division, facility and activity grants data users and investors transparency into the sources of a company's Scope 1 and 2 emissions and allows tracking the performance of divisions and individual facilities over time.
The module also requests data on emissions other than carbon dioxide. Because these gases are often only reported in CO2-equivalents (CO2e), their contribution to overall emissions is sometimes masked.
Key changes
For the capital goods sector only:
- Two new questions: C-CG7.10 and C-CG7.10a on year-on-year Scope 3 emissions changes.
For the financial services sector only:
- Twelve questions removed: C7.1, C7.1a, C7.2, C7.3, C7.3a, C7.3b, C7.3c, C7.5, C7.6, C7.6a, C7.6b and C7.6c.
For the electric utilities sector only:
- Five questions removed: C7.5, C7.6, C7.6a, C7.6b, and C7.6c.
- Click here for a list of all changes made this year.
Sector-specific content
Additional questions on emission breakdowns for the following high-impact sectors:
- Agricultural commodities
- Capital goods
- Cement
- Chemicals
- Coal
- Electric utilities
- Food, beverage & tobacco
- Metals & mining
- Oil & gas
- Paper and forestry
- Steel
- Transport original equipment manufacturers (OEMs)
- Transport services
Pathway diagram - questions
This diagram shows the general questions contained in module C7. To access question-level guidance, use the menu on the left to navigate to the question.
Pathway diagram - questions for minimum version questionnaire
This diagram shows the questions contained in module C7 that are included in the minimum version of the questionnaire. To access question-level guidance, use the menu on the left to navigate to the question.
Scope 1 breakdown: GHGs
(C7.1) Does your organization break down its Scope 1 emissions by greenhouse gas type?
Change from 2019
Removed question for FS only
Rationale
For many sectors and business activities, greenhouse gases other than carbon dioxide are significant and relevant. Since these gases are often only reported in CO2-equivalents (CO2e), their contribution to overall emissions is sometimes masked. CDP therefore requests companies to break down their gross Scope 1 emissions by GHG type.
Response options
Select one of the following options:
Requested content
General
- Select “Yes” if your organization’s gross Scope 1 emissions inventory contains greenhouse gases other than carbon dioxide; for example, any of the other five greenhouse gases covered by the Kyoto Protocol (methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, and sulfur hexafluoride).
Additional information
(C7.1a) Break down your total gross global Scope 1 emissions by greenhouse gas type and provide the source of each used global warming potential (GWP).
Question dependencies
This question only appears if you select “Yes” in response to C7.1.
Change from 2019
Removed question for FS only
Rationale
For many sectors and business activities, greenhouse gases other than carbon dioxide are significant and relevant. Since these gases are often only reported in CO2-equivalents (CO2e), their contribution to overall emissions is sometimes masked. CDP therefore requests companies to break down their gross Scope 1 emissions by GHG type.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Greenhouse gas | Scope 1 emissions (metric tons in CO2e) | GWP Reference |
Select from: - CO2
- CH4
- N2O
- HFCs
- PFCs
- SF6
- NF3
- Other, please specify
| Numerical field [enter a range of 0-999,999,999,999 using a maximum of 3 decimal places and no commas] | Select from: - IPCC Fifth Assessment Report (AR5 – 100 year)
- IPCC Fourth Assessment Report (AR4 - 100 year)
- IPCC Third Assessment Report (TAR - 100 year)
- IPCC Second Assessment Report (SAR - 100 year)
- IPCC Fourth Assessment Report (AR4 - 50 year)
- IPCC Third Assessment Report (TAR - 50 year)
- IPCC Second Assessment Report (SAR - 50 year)
- IPCC Fifth Assessment Report (AR5 – 20 year)
- IPCC Fourth Assessment Report (AR4 - 20 year)
- IPCC Third Assessment Report (TAR - 20 year)
- IPCC Second Assessment Report (SAR - 20 year)
- Other, please specify
|
[Add Row]
Requested content
General
- Please report your organization’s emissions of the Kyoto greenhouse gases, which are:
- Carbon dioxide (CO2);
- Methane (CH4);
- Nitrous oxide (N2O);
- Hydrofluorocarbon family of gases (HFCs);
- Perfluorocarbon family of gases (PFCs);
- Sulfur hexafluoride (SF6).
- Nitrogen trifluoride (NF3) has been included in the basket of mandated GHGs as it is now considered a potent contributor to climate change and is therefore mandated to be included in national inventories under the United Nations Framework Convention on Climate Change (UNFCCC). Similarly, following an amendment issued by the Greenhouse Gas Protocol on May 2013, NF3 should also be included in GHG inventories under the Corporate Standard and the Corporate Value Chain (Scope 3) Standard.
- The total value for emissions reported in column 2, Scope 1 emissions (metric tons of CO2e), should equal the value for gross global Scope 1 emissions reported in C6.1.
Greenhouse gas (column 1)
- You can add rows for multiple greenhouse gas types and we request that you also add a row to report CO2.
Scope 1 emissions (metric tons of CO2e) (column 2)
- Report your organization’s emissions of the greenhouse gas selected in column 1, in CO2-equivalents (CO2e)
GWP Reference (column 3)
- Identify the global warming potential your organization has applied to the selected greenhouse gas in order to standardize it to a carbon dioxide equivalent (CO2e). Your gross Scope 1 emissions are reported in carbon dioxide equivalents in C6.1. If you have used a calculation tool and do not know which GWPs have been applied to your data, consult the tool documentation or reference sources.
- If you select “Other, please specify”, provide a label for the GWP Reference.
Explanation of terms
- Global warming potential (GWP): The Intergovernmental Panel on Climate Change (IPPC)’s Fifth Assessment Report (AR5) defines the Global Warming Potential (GWP) as “an index, based on radiative properties of greenhouse gases, measuring the radiative forcing following a pulse emission of a unit mass of a given greenhouse gas in the present day atmosphere integrated over a chosen time horizon, relative to that of carbon dioxide. The GWP represents the combined effect of the differing times these gases remain in the atmosphere and their relative effectiveness in causing radiative forcing. The Kyoto Protocol is based on GWPs from pulse emissions over a 100-year time frame.” By using GWPs, GHG emissions from multiple gases can be standardized to a carbon dioxide equivalent (CO2e).
Additional information
- Changes in Global Warming Potentials (GWPs): Estimates of GWPs have changed over time as scientific understanding has developed. GWP factors are reassessed every few years in the IPCC Assessment Reports and accordingly, CDP recommends that companies use the latest GWPs given in the IPCC’s Fifth Assessment Report (AR5). This approach is aligned with the GHG Protocol Corporate and Accounting Reporting Standard, which states that the company “shall use 100-year GWP values from the IPCC and should use GWP values from the most recent Assessment Report, but may choose to use other IPCC Assessment Reports.”
(C-CO7.1b) Break down your total gross global Scope 1 emissions from coal mining activities in the reporting year by greenhouse gas type.
Question dependencies
This question only appears if you select “Yes” in response to C7.1
Change from 2019
No change
Rationale
Coal sector organizations face significant exposure to transitions around global GHG emissions either directly through the companies’ own energy use for production or indirectly through combustion of fossil fuels. Organizations with coal mining activities are therefore requested to provide gross emissions for their emission sources by greenhouse gas type so that users of the information can account for the GHG emissions from the various emission sources including fugitive, combustion, and other emission sources.
Response options
Please complete the following table:
Emissions sources
|
Gross Scope 1 CO2 emissions (metric tons CO2)
|
Gross Scope 1 methane emissions (metric tons CH4)
|
Total gross Scope 1 GHG emissions (metric tons CO2e)
|
Comment
|
Fugitives (Underground coal mining)
|
Numerical field [enter up to 999,999,999,999 and up to 3 decimal places]
|
Numerical field [enter up to 999,999,999,999 and up to 3 decimal places
|
Numerical field [enter up to 999,999,999,999 and up to 3 decimal places
|
Text field [maximum 2,400 characters]
|
Fugitives (Surface coal mining)
|
|
|
|
|
Fugitives (Post-mining and abandoned coal mines)
|
|
|
|
|
Flaring
|
|
|
|
|
Utilized methane
|
|
|
|
|
Combustion (Underground coal mining, excluding flaring and utilization)
|
|
|
|
|
Combustion (Surface coal mining, excluding flaring, excluding flaring and utilization)
|
|
|
|
|
Combustion (Electricity generation)
|
|
|
|
|
Combustion (Other)
|
|
|
|
|
Emissions not elsewhere classified
|
|
|
|
|
Requested content
General
- This question requests emissions data only from emission sources
that fall within the chosen reporting boundary (i.e. Scope 1 emissions) and
that are within the coal sector boundary.
- Some of the categories defined in this table are based on the source
categories and sub-source categories defined by the
2006 IPCCGuidelines for National Greenhouse Gas Inventories. Information on fugitive
emissions can be found in
Volume2, Chapter 4.1.
- Country level data from these categories is submitted through
national inventory reporting to the UNFCCC and can be access via the
UNFCCC data portal, under “Detailed
data by Party”. Note that categories in this source are labelled slightly
differently to that in 2006 IPCC documentation. You should refer to IPCC
documentation for definitions.
- The total of GHG emissions (the sum of all rows in column 4) from
this question’s table is equal to the figure reported for coal production
activities in
C-CE7.4/C-CH7.4/C-CO7.4/C-EU7.4/C-MM7.4/C-OG7.4/C-ST7.4/C-TO7.4/C-TS7.4.
- Negative numbers are not allowed as organizations are to report
gross, not net figures.
- Emissions figures should be for the reporting year only (as defined
by your answer to C0.2).
Emissions category (column 1)
Gross Scope 1 CO2 emissions (metric tons CO2) (column 2)
- Report your organization’s Scope 1 CO2 emissions in metric tons CO2
for the emissions category in column 1.
Gross Scope 1 methane emissions (metric tons CH4) (column 3)
- Report your organization’s Scope 1 methane emissions in metric tons
CH4 for the emissions category in column 1.
Total Gross Scope 1 emissions (metric tons CO2e) (column 4)
- Total greenhouse gas emission should be aggregated and reported in
units of CO
2e.
- Greenhouse gas emissions include all gasses identified in the Kyoto
Protocol, therefore the figure provided in this column may be higher than the
sum of CO
2 and CH4 (provided in columns 2 and 3, respectively)
- The Global Warming Potential (GWP) factors used here should be
consistent with your disclosures throughout the questionnaire. CDP encourages
the use of the most recent GWP factors published by IPCC, e.g. 28 for methane.
More information can be found in
GHGProtocol Guidance on GWPs.
Fugitives (Underground coal mining) (row 1)
- This is the total of all fugitive emissions from underground mining.
You should adjust for (deduct) methane utilization or flaring if you have
provided data for these sub-categories in rows 4 and 5. If you choose not to
disclose data for methane utilization or flaring, then you should not adjust
for methane utilization or flaring here, in which case Equation 4.1.1 of IPCC
Guidelines is relevant.
- This category is recognized by the IPCC as 1.B.1.a.i.1 (or 1.B.1.a.1.i
in UNFCCC data terminology). The Tier 1 and Tier 2 generalized equation for
calculating these emissions is described by Equation 4.1.2 in
Volume2, Chapter 4.1.3 of the IPCC Guidelines.
Fugitives (Surface coal mining) (row 2)
- This is the total of all fugitive emissions from surface mining.
- This category is recognized by the IPCC as 1.B.1.a.ii.1 (or 1.B.1.a.2.i
in UNFCCC data terminology). The Tier 1 and Tier 2 generalized equations for
calculating these emissions is described, respectively, by Equations 4.1.7 and
4.1.8 in
Volume2, Chapter 4.1.4 of the IPCC Guidelines.
Fugitives (Post-mining and abandoned coal mines) (row 3)
- This category covers sub-source categories 1.B.1.a.i.2, 1.B.1.a.i.3,
and 1.B.1.a.ii.2 as recognized by the IPCC.
Flaring (row 4)
- This category is recognized by the IPCC as 1.B.1.a.i.4.
- Methane drained and flared, or ventilation gas converted to CO2 by
an oxidation process should be included here. This is an emission of CO
2.
- This is a subcategory of “Fugitives (Underground coal mining)”, if
it is reported here then it should not be included in your figure for row “Fugitives
(Underground coal mining)”. If you choose not to report flaring separately,
then you should report it as part “Fugitives (Underground coal mining)”.
Utilized methane (row 5)
- This is methane utilized for energy production i.e. methane that is
recovered and combusted for energy purposes. It is therefore an emission of CO
2.
- This is a subcategory of “Fugitives (Underground coal mining)”, if
it is reported here then it should not be included in your figure for row “Fugitives
(Underground coal mining)”. If you choose not to report utilized methane
separately, then you should report it as part “Fugitives (Underground coal
mining)”.
Combustion (Underground coal mining, excluding flaring and
utilization) (row 6)
- Emissions arising from the combustion of fuels for energy used for
underground coal mining. This excludes energy used that is recovered from
methane utilization.
- This is primarily an emission of CO2, with traces of other
greenhouse gasses expected.
Combustion (Surface coal mining, excluding flaring and utilization)
(row 7)
- Emissions arising from the combustion of fuels for energy used for
surface coal mining. This excludes energy used that is recovered from methane
utilization.
- This is primarily an emission of CO2, with traces of other greenhouse
gasses expected.
Combustion (Electricity generation) (row 8)
- Emissions arising from electricity generation plant inside the
organizational boundary and the coal mining sector boundary.
- This is primarily an emission of CO2, with traces of other greenhouse
gasses expected.
Combustion (other) (row 9)
- Emissions arising from combustion from activities not reported in
above rows.
Emissions not elsewhere classified (row 10)
- This includes any emissions occurring in the organizational/sector
boundary that have not been reported in the above rows.
- Fugitive emissions remaining after the above rows are accounted for
can include low temperature oxidation of exposed coal and uncontrolled
combustion.
Note on fugitive emissions from coal mining
- Fugitive emissions includes all intentional and unintentional
emissions from the mining and handling of coal. This encompasses accidental
leaks, venting, flaring, and other processes.
- Fugitive emissions derive from carbon dioxide (CO2) and methane
(CH
4) trapped in coal seams from the geological formation of coal. These are
released when the coal seam is exposed and broken during mining.
- Fugitive emissions from the mine can continue during subsequent
processing and handling or after the mine has been closed. These are known as
post-mining or abandoned emissions and should be reported, provided the asset
remains inside the organizational boundary.
Note on sector boundary
Sector production activities relate to activities conducted by your
organization relating to the high-intensity sector that this sector-specific
questionnaire relates to. These activities may be directly or indirectly
related to the production process itself. Given the potential complexity of production
sectors, CDP encourages you to identify and remove specific activities from
your organizational boundary (or business division’s organizational boundary)
that are not necessarily a part of the sector. Starting with your answer to
question C6.1, emissions from the following sources should be deducted:
- External corporate entities, i.e. assets, business divisions,
partnerships and subsidiaries operating outside of the high-intensity sector.
- Non-industrial buildings, e.g. offices, accommodation, other
property.
- Non-production related activities, e.g. management, services,
R&D, marketing, retail. o Transport, e.g. distribution, business travel,
shipping, freight, logistics.
- Projects, e.g. construction, engineering and maintenance.
Alternatively, you may consider constructing your sector boundary
around activities that should be included. At a minimum, you should include in
your sector boundary:
- The production processes
- All activities, processes and equipment that are ancillary to the production
processes.
- All other industrial installations, energy installations and other
installations or activities contributing to or supplying the production
processes and ancillary activities, e.g. boilers, power plant, raw material
preparation and extraction, etc.
- All buildings that house the production processes and ancillary
activities and said installations, as well as buildings used for inventory
storage.
- Onsite mobile combustion, e.g. forklifts and excavators, and
movement of materials between industrial sites within the sector.
Any other industrial activities that typically occur on the
production sites of the high-intensity sector.
Explanation of terms
- Combustion: Combustion refers to combustion within the company’s boundary giving rise to emissions of CO2, N2O, and CH4. Sources may include boilers, heaters, furnaces, incinerators, internal combustion engines, and turbines. Scope 1 GHG emissions exclude emissions of CO2 arising from the combustion and fermentation of biomass and biofuels; these emissions are reported as a separate category.
- Fugitives: Fugitives comprises all intentional or unintentional releases of carbon dioxide (CO2) methane (CH4) and other greenhouse gases. The primary sources of these emissions may include fugitive equipment leaks, evaporation losses, venting, flaring and accidental releases. Further examples of leak sources include valves, fittings, flanges, compressor seals, other compressor related leaks, heaters, dehydrators, and pipelines. Accidental fugitive emissions can be individually found and fixed in order to make the emissions near zero. Emissions from non-point sources, such as wastewater treatment and surface impoundments, should be accounted for under fugitive emissions.
(C-EU7.1b) Break down your total gross global Scope 1 emissions from electric utilities value chain activities by greenhouse gas type.
Question dependencies
This question only appears if you select “Yes” in response to C7.1
Change from 2019
No change
Rationale
Electric utilities face significant exposure from the transition to a zero-carbon economy through their global greenhouse gas emissions, either directly through electric utility companies’ own energy use for production, or indirectly through combustion of fossil fuels. Electricity production is responsible for of the world’s GHG production. Electric utilities are therefore requested to provide gross emissions for their emission sources by greenhouse gas from sources including fugitive, combustion and other emission sources.
Response options
Please complete the following table:
Emissions sources
|
Gross Scope 1 carbon dioxide emissions (metric tons CO2)
|
Gross Scope 1 methane emissions (metric tons CH4)
|
Gross Scope 1 SF6 emissions (metric tons SF6)
|
Total gross Scope 1 GHG emissions (metric tons CO2e)
|
Comment
|
Fugitives
|
Numerical field [enter a number from 0-999,999,999 using a maximum of 3 decimal places]
|
Numerical field [enter a number from 0-999,999,999 using a maximum of 3 decimal places]
|
Numerical field [enter a number from 0-999,999,999 using a maximum of 3 decimal places]
|
Numerical field [enter a number from 0-999,999,999 using a maximum of 3 decimal places]
|
Text field [maximum 2,400 characters]
|
Combustion (Electric utilities)
|
|
|
|
|
|
Combustion (Gas utilities)
|
|
|
|
|
|
Combustion (Other)
|
|
|
|
|
|
Emissions not elsewhere classified
|
|
|
|
|
|
Requested content
General
- This question requests emissions data only from emission sources that fall within the chosen reporting boundary (i.e. Scope 1 emissions) and that are within the electric utilities sector boundary.
- Utility companies that purchase wholesale electricity supplied by independent power producers for resale to their customers should consider reporting these emissions under Scope 3.
- When providing emissions resulting from combustion activities please note for the purposes of this question combustion is divided into three categories comprising electric utilities, gas utilities, and other.
- Emissions not elsewhere classified includes any emissions occurring in the organizational/sector boundary that have not been reported in the above rows. Therefore, the sum of GHG emissions in all rows should equal the figure reported in C-CE7.4/C-CH7.4/C-CO7.4/C-EU7.4/C-MM7.4/C-OG7.4/C-ST7.4/C-TO7.4/C-TS7.4.
- The Global Warming Potential (GWP) factors used here should be consistent with your disclosures throughout the questionnaire. CDP encourages the use of the most recent GWP factors published by IPCC, e.g. 28 for methane. More information can be found in GHG Protocol Guidance on GWPs.
- Negative numbers are not allowed as you are requested to report gross, not net figures.
- Emissions figures should be for the reporting year only (as defined by your answer to C0.2).
Emissions sources (column 1)
- An explanation of the emissions categories is provided in the explanation of terms.
Gross Scope 1 CO2 emissions (metric tons CO2) (column 2)
- Report your organization’s Scope 1 CO2 emissions for the emissions category in column 1.
Gross Scope 1 methane emissions (metric tons CH4) (column 3)
- Report your organization’s Scope 1 methane emissions in CH4 for the emissions category in column 1.
Gross Scope 1 SF6 emissions (metric tons SF6) (column 4)
- Report your organization’s Scope 1 sulphur hexafluoride emissions in SF6 for the emissions category in column 1.
Total gross Scope 1 emissions (metric tons CO2e) (column 5)
- Total greenhouse gas emissions – from CO2, CH4, SF6 and any other greenhouse gases such as HFC’s etc., if applicable, should be aggregated and reported in units of CO2e.
Note on sector boundary
Sector production activities relate to activities conducted by your organization relating to the high-intensity sector that this sector-specific questionnaire relates to. These activities may be directly or indirectly related to the production process itself. Given the potential complexity of production sectors, CDP encourages you to identify and remove specific activities from your organizational boundary (or business division’s organizational boundary) that are not necessarily a part of the sector. Starting with your answer to question C6.1, emissions from the following sources should be deducted:
- External corporate entities, i.e. assets, business divisions, partnerships and subsidiaries operating outside of the high-intensity sector.
- Non-industrial buildings, e.g. offices, accommodation, other property.
- Non-production related activities, e.g. management, services, R&D, marketing, retail. o Transport, e.g. distribution, business travel, shipping, freight, logistics.
- Projects, e.g. construction, engineering and maintenance.
Alternatively, you may consider constructing your sector boundary around activities that should be included. At a minimum, you should include in your sector boundary:
- The production processes
- All activities, processes and equipment that are ancillary to the production processes.
- All other industrial installations, energy installations and other installations or activities contributing to or supplying the production processes and ancillary activities, e.g. boilers, power plant, raw material preparation and extraction, etc.
- All buildings that house the production processes and ancillary activities and said installations, as well as buildings used for inventory storage.
- Onsite mobile combustion, e.g. forklifts and excavators, and movement of materials between industrial sites within the sector.
- Any other industrial activities that typically occur on the production sites of the high-intensity sector.
Explanation of terms
- Combustion: Combustion refers to combustion within the company’s boundary giving rise to greenhouse gas emissions. Sources may include boilers, heaters, furnaces, incinerators, internal combustion engines, and turbines. Scope 1 GHG emissions exclude emissions of CO2 arising from the combustion and fermentation of biomass and biofuels; these emissions are reported as a separate category.
-
Fugitives: Comprises all intentional or unintentional releases of carbon dioxide (CO2) methane (CH4) and other greenhouse gases. The primary sources of these emissions may include fugitive equipment leaks, evaporation losses, venting, flaring and accidental releases. Further examples of leak sources include valves, fittings, flanges, compressor seals, other compressor related leaks, heaters, dehydrators, and pipelines. Accidental fugitive emissions can be individually found and fixed in order to make the emissions near zero. Emissions from non-point sources, such as wastewater treatment and surface impoundments, should be accounted for under fugitive emissions.
(C-OG7.1b) Break down your total gross global Scope 1 emissions from oil and gas value chain production activities by greenhouse gas type.
Question dependencies
This question only appears if you select “Yes” in response to C7.1.
Change from 2019
No change
Rationale
Reporting gross global Scope 1 emissions by emission category allows for a more in-depth understanding of business risks, such as exposure to future regulation. The emissions categories are broken down to provide data users with a relevant and complete understanding of your organization’s oil and gas production activities and how these contribute to your emissions profile.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Emissions category
|
Value Chain
|
Product
|
Gross Scope 1 CO2 emissions (metric tons CO2)
|
Gross Scope 1 methane emissions (metric tons CH4)
|
Total gross Scope 1 GHG emissions (metric tons CO2e)
|
Comment
|
Select all that apply:
- Combustion (excluding flaring)
- Flaring
- Venting
- Fugitives
- Process (feedstock) emissions
- Other (please specify)
|
Select all that apply:
- Upstream
- Midstream
- Downstream
- Other (please specify)
|
Select from:
- Oil
- Gas
- Unable to disaggregate
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- This question requests emissions data only from emission sources that fall within the chosen reporting boundary (i.e. Scope 1 emissions) and that are within the oil & gas sector boundary.
- Negative numbers are not allowed as organizations are to report gross, not net figures.
- Emissions figures should be for the reporting year only (as defined by your answer to C0.2).
Emissions category (column 1)
- Select the emissions category or categories which apply to the emissions breakdown being reported.
- If you are unable to disaggregate your emissions as requested then you have the option to provide other categories using the Other, please specify’ option. Equally, if you wish to disaggregate further (e.g. to include combustion emissions from captured streams) then you may do so here.
Value chain (column 2)
- Select the value chain or parts of the value chain which apply to the emissions breakdown being reported.
- If the breakdown of emissions does not apply to the value chains listed then select the option ‘Other, please specify’ and outline the part of the oil and gas value chain that the breakdown does apply to.
Product (column 3)
- Select the product that the emissions breakdown applies to, if you cannot disaggregate the figure by oil or gas then select the option “Unable to disaggregate”.
Gross Scope 1 CO2 emissions (metric tons CO2) (column 4)
- Report your organization’s Scope 1 CO2 emissions in metric tons CH4 for the emissions category in column 1.
Gross Scope 1 methane emissions (metric tons CH4) (column 5)
- Report your organization’s Scope 1 methane emissions in metric tons CH4 for the emissions category in column 1.
Gross Scope 1 emissions (metric tons CO2e) (column 6)
- Total greenhouse gas emissions should be aggregated and reported in units of CO2e.
- Greenhouse gas emissions include all gasses identified in the Kyoto Protocol, therefore the figure provided in this column may be higher than the sum of CO2 and CH4 (provided in columns 4 and 5 respectively).
- The total of GHG emissions (the sum of all rows in column 6) from this question’s table should be equal to the figures reported in question C-C-CE7.4/C-CH7.4/C-CO7.4/C-EU7.4/C-MM7.4/C-OG7.4/C-ST7.4/C-TO7.4/C-TS7.4 (oil and gas production activities upstream and oil and gas production activities downstream).
- The Global Warming Potential (GWP) factors used here should be consisted with your disclosures throughout the questionnaire. CDP encourages the use of the most recent GWP factors published by IPCC. More information can be found in GHG Protocol Guidance on GWPs.
Note on oil and gas sector boundary
- As a production sector, CDP describes the activities of the oil and gas sector as ‘oil and gas production activities’. These activities may be directly or indirectly related to the production process itself. Given the potential complexity of production sectors, CDP encourages you to identify and remove specific activities from your organizational boundary (or oil and gas business division’s organizational boundary) that are not necessarily a part of the oil and gas sector. Starting with your answer to question C6.1, emissions from the following sources should be deducted:
- External corporate entities, i.e. assets, business divisions, partnerships and subsidiaries operating outside of the oil and gas sector (or value chain).
- Non-industrial buildings, e.g. offices, accommodation, other property.
- Non-production related activities, e.g. management, services, R&D, marketing, retail.
- Transport*, e.g. distribution, business travel, shipping, freight, logistics.
- Projects**, e.g. construction, engineering and maintenance.
- Alternatively, you may consider constructing your sector boundary around activities that should be included. At a minimum, you should include in your sector boundary:
- The production processes.
- All activities, processes and equipment that are ancillary to said production processes.
- All other industrial installations, energy installations and other installations or activities contributing to or supplying said production processes and ancillary activities, e.g. boilers, power plant, raw material preparation and extraction, etc.
- All buildings that house said production processes and ancillary activities and said installations, as well as buildings used for inventory storage.
- Onsite mobile combustion, e.g. forklifts and excavators, and movement of materials between industrial sites within the sector.
- Any other industrial activities that typically occur on the production sites of the oil and gas sector.
*Transport activities considered a defining part of the oil and gas sector value chain, e.g. midstream activities, may be included for oil and gas production activities.
**Projects considered an essential part of the oil and gas sector, such as exploration and extraction projects, should be included for oil and gas production activities.
Explanation of terms
- Flaring: Includes emissions from elevated flares, ground flares, emergency flares, well-testing and well work-over.
- Combustion: Combustion refers to combustion within the company’s boundary giving rise to emissions of CO2, N2O, and CH4. Sources may include boilers, heaters, furnaces, incinerators, internal combustion engines, and turbines. Scope 1 GHG emissions excludes emission of CO2 arising from the combustion and fermentation of biomass and biofuels; these emissions are reported as a separate category.
- Fugitives: This includes emissions from unintentional leaks (or system
malfunctions) from sources such as valves, fittings, flanges, compressor seals, other compressor related leaks, heaters, dehydrators, and pipelines. Accidental fugitive emissions can be individually found and fixed in order to make the emissions near zero. Emissions from non-point sources, such as wastewater treatment and surface impoundments, should be accounted for under fugitive emissions.
- Process emissions: Process emissions include CH4 and CO2 emissions from processes involving chemical or physical transformations other than fuel combustion. Sources include, among others, glycol dehydrators, acid gas treatment, hydrogen plants, catalyst regeneration, fluid cokers and flexi-cokers.
- Venting: Emissions from venting of associated gas and waste gas/vapor streams at oil and gas facilities. Vented emissions or intentional processing venting, arise from process, maintenance, turnarounds, non-routine activities and other activities, and include emissions of CH4 and CO2 occurring from such sources as inoperative flares, flashing of gas in crude oil or condensate storage tanks, pneumatic devices driven by natural gas, starters, pressure relief valves, blowdowns (vessels, pipelines, and compressors), compressor seals, pumps, loading operations, shipping operations, venting and purging, exploration and well testing, venting of casinghead gas from oil wells, maintenance and turnaround, and non-routine releases.
Scope 1 breakdown: country
(C7.2) Break down your total gross global Scope 1 emissions by country/region.
Change from 2019
Removed question for FS only
Rationale
By breaking down emissions to country or regional level, information and data can be made available to regions, states and sub-national bodies to help guide the development of emissions-related legislation.
Connection to other frameworks
SDG
Goal 12: Responsible consumption and production
Goal 13: Climate action
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Country/Region
|
Scope 1 emissions (metric tons CO2e)
|
Select from a drop-down list of countries and regions. Please see the Technical Note “Country and Regions” for details around the available regions and their constituent countries.
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places and no commas]
|
[Add Row]
Requested content
General
- Breaking down emissions to the country level is useful to investors as this is often the level at which emissions-related legislation is introduced. Emissions should be attributed to individual countries wherever possible. CDP considers reporting emissions broken down by country best practice.
- Where states (or other sub-national entities) have the right to introduce emissions-related legislation, companies operating in these states (or other sub-national entities) may consider that breaking down emissions to a sub-national level is more informative. To provide this breakdown, select “Other: please specify” and provide a label for the sub-national entity.
- Where emissions are sufficiently low, or for parts of your business where your inventory does not allow for a country level of granularity, use the available region options. Please see CDP's Technical Note "Country and Regions" for details around the available regions and their constituent countries.
- If you disclose the value for a region that overlaps with a country you are also disclosing, you should report the value for the region minus the emissions of that country. If all emissions breakdowns are added, they should add to your Scope 1 total.
- Due to the difficulties of delineating Asia, CDP has not provided a single "Asia" category. Companies may choose either Asia Middle East (AME) or Asia Pacific (JAPA). Please see the Technical Note “Country and regions” for more information.
Country/Region (column 1)
Scope 1 emissions (metric tons CO2e) (column 2)
- Report your organization’s greenhouse gas emissions in CO2-equivalent for the country/region selected in column 1.
- Negative numbers are not allowed as organizations are to report gross, not net figures.
- Emissions figures should be for the reporting year only (as defined by your answer to C0.2).
Scope 1 breakdown: business breakdown
(C7.3) Indicate which gross global Scope 1 emissions breakdowns you are able to provide.
Change from 2019
Removed question for FS only
Rationale
By requesting companies to break down emissions by business division, facility, and activity, CDP grants data users and investors transparency into the sources of a company's Scope 1 emissions.
Response options
Select all that apply from the following options:
- By business division
- By facility
- By activity
Requested content
General
- You should identify breakdowns that are relevant to your business/sector, and as such those that investors would find interesting.
- Identify the category of emissions that are relevant by ticking the boxes provided in the ORS adjacent to each of the three options.
- By business division
- This breakdown can give an indication of the relative GHG performance of your company’s divisions. When reported over time, your company and information users will be able to review improvements or declines in division performance. This breakdown can be used alongside revenue segments found in company annual filings to understand companies’ emissions profiles in greater detail. To facilitate this process, it is recommended that companies match the divisions reported here with those found in company filings and financial statements.
- The GHG Protocol stationary combustion tool document states that a “facility includes all buildings, equipment, structures and other stationary items which are located on a single site or on contiguous or adjacent sites and which are owned or operated by the same person or entity (or by any person or entity which controls, is controlled by or is under common control, with such person or entity)”.
- Facilities may also be referred to as installations. More than one business activity may take place at a facility and a facility may include more than one combustion unit, such as a boiler. It is preferable that the facility type is included. Some examples of facility type are: gas works, refinery, coal mine, integrated steelworks, cement plant, and office buildings.
- Reporting at this level can provide a useful indicator for making comparisons between facilities. In some cases, individual facilities may come within the scope of particular legislation, requiring baselining and subsequent reduction of GHG emissions through improvements in energy efficiency. This is particularly the case for industrial plants. Therefore, providing facility-level emission figures may give data users insight into your organization’s current/potential exposure to regulation in this area.
- Relevant activities are defined by the reporting company and could include stationary combustion, mobile combustion (transport), fugitive emissions, process activities, office activities, etc. These activities can take place over multiple business divisions, countries, or facilities. Reporting by activity allows a more in-depth understanding of business risk related to future regulation. To facilitate comparability of data between companies, you are asked to report a breakdown of your activities using language that would be clear to someone outside of your organization and avoid using company-specific terminology. Furthermore, the level of aggregation of activities should be set so that it is meaningful to investors or customers viewing your response. Each activity should be broken down to a level granular enough to provide a data user with a relevant and complete understanding of your company’s activities and how these contribute to your emissions profile. Each activity should be broken down to a level sufficient for understanding the complete activity emissions profile and where further disaggregation would not add value for data users to understand the associated GHG emissions.
- Integrated companies should attempt, where possible, to provide a breakdown of emissions associated with each stage of their owned value chain.
- Companies that generate their own electricity should include it here as a separate activity, preferably with separation by fuel type.
- Companies involved in extracting and/or processing/refining natural resources should consider reporting these activities separately for each product type.
Note for organizations responding to high-impact sector requests
- If you select “By activity”, you will be presented with question 7.3c. If your company’s primary CDP sector is one of the twelve high-impact sectors, the response to 7.3c is not required. Organizations responding to these requests are presented with additional questions on this topic (C-CE7.4/C-CH7.4/C-CO7.4/C-EU7.4/C-MM7.4/C-OG7.4/C-ST7.4/C-TO7.4/C-TS7.4; C-AC7.4/C-FB7.4/C-PF7.4, C-MM9.3a, C-MM9.3b, C-CO7.1b, C-EU7.1b, C-OG7.1b) relating specifically to activities in the sector. Your primary CDP sector is displayed in your response dashboard.
(C7.3a) Break down your total gross global Scope 1 emissions by business division.
Question dependencies
This question only appears if you select “By business division” in response to C7.3.
Change from 2019
Removed question for FS only
Rationale
This question can give an indication of the relative GHG performance of your company’s divisions. When reported over time, your company and CDP’s data users will be able to review improvements or declines in division performance.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Business division
|
Scope 1 emissions (metric tons CO2e)
|
Text field [maximum 500 characters]
|
Numerical field [enter a range of 0- 999,999,999,999 using a maximum of 3 decimal places and no commas]
|
[Add Row]
Requested content
Business division (column 1)
- Using no more than 500 characters, state the business division you are disclosing Scope 1 emissions for.
- For more details on reporting your business divisions, see guidance to C7.3.
Scope 1 emissions (metric tons CO2e) (column 2)
- Report your organization’s greenhouse gas emissions in CO2-equivalent for the business division stated in column 1.
- Negative numbers are not allowed as organizations are to report gross, not net figures.
- Emissions figures should be for the reporting year only (as defined by your answer to C0.2).
(C7.3b) Break down your total gross global Scope 1 emissions by business facility.
Question dependencies
This question only appears if you select “By facility” in response to C7.3.
Change from 2019
Removed question for FS only
Rationale
Providing facility-level emission figures may give data users insight into your organization’s current/potential exposure to regulation in this area. Reporting at this level can provide a useful indicator for making comparisons between facilities.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Facility
|
Scope 1 emissions (metric tons CO2e)
|
Latitude
|
Longitude
|
Text field [maximum 500 characters]
|
Numerical field [enter a range of 0-999,999,999,999 using a maximum of 3 decimal places and no commas]
|
Enter the latitude of your facility here using numbers between 90.000000 and -90.000000, e.g. 51.524810
|
Enter the longitude of your facility using numbers between 180.000000 and -180.000000, e.g. -0.106958
|
[Add Row]
Requested content
General
- CDP provides a place for companies to provide basic data for the geo-location of their facilities. This information will be useful to link CDP data with other sources of information and can help investors assess physical risks of climate change and exposure of assets. It will also help CDP to link the information requested by investors to cities preparing their inventory for CDP.
- If using the Export/Import functionality, it is essential that you check that data has entered correctly into each field in a question.
Facility (column 1)
- Using no more than 500 characters, identify the facility you are disclosing Scope 1 emissions for.
- For more details on reporting your facilities, see guidance to C7.3.
- If your organization has Scope 1 emissions from non-stationary sources (i.e. transportation vehicles) that cannot be attributed to a specific facility then you can report the emissions from these sources collectively in one row. You can identify these emissions by inputting "Non-stationary sources" in this column.
Scope 1 emissions (metric tons CO2e) (column 2)
- Report your organization’s greenhouse gas emissions in CO2-equivalent for the facility identified in column 1.
- Negative numbers are not allowed as organizations are to report gross, not net figures.
- Emissions figures should be for the reporting year only (as defined by your answer to C0.2).
Latitude (column 3)
- Using standard geographic coordinates specify the north-south position (+90° to -90°) of the facility that you are reporting Scope 1 emissions for in column 2.
Longitude (column 4)
- Using standard geographic coordinates specify the east-west position (+180° to -180°) of the facility that you are reporting Scope 1 emissions for in column 2.
Additional information
- Latitude and longitude: Latitude and longitude are geographic coordinates that specify, respectively, the north-south and east-west position, of a point on the Earth's surface. They are expressed as angular measures and thus, latitude can vary from +90° to -90° and longitude from +180° to -180°.
- The geodetic system that should be used is the WGS 84, which is the system used by GPS (Global Positioning System), Google Maps, Google Earth, and all major web applications providing coordinates to users. If you want to report information to CDP but have the coordinates in another geodetic system (or datum) we ask you to please attach the information to this question.
- If you don’t have this information and want to locate your facilities using the internet, there are various web tools available to assist companies getting latitude and longitude coordinates according to WGS84. For example, iTouch Map allows you to enter an address or identify a location on a map and will return the latitude and longitude coordinates.
- Google Maps also allows you to find the latitude and longitude of any point. When you are in Google Maps, if you right-click anywhere, you will find an option “What’s here?”. If you click that option, the latitude and longitude will be displayed in the information that appears.
(C7.3c) Break down your total gross global Scope 1 emissions by business activity.
Question dependencies
This question only appears if you select “By activity” in response to C7.3.
Change from 2019
Removed question for FS only
Rationale
Reporting emissions by activity allows a more in-depth understanding of business risks related to future regulation and climate-related issues, and allows organizations to identify potential opportunities to reduce emissions associated with operational activities.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Activity
|
Scope 1 emissions (metric tons CO2e)
|
Text field [maximum 500 characters]
|
Numerical field [enter a range of 0-999,999,999,999 using a maximum of 3 decimal places and no commas]
|
[Add Row]
Requested content
Activity (column 1)
- Using no more than 500 characters, state the activity you are disclosing Scope 1 emissions for.
- For more details on which activities to report, see guidance to C7.3.
Scope 1 emissions (metric tons CO2e) (column 2)
- Report your organization’s greenhouse gas emissions in CO2-equivalent for the activity stated in column 1.
- Negative numbers are not allowed as organizations are to report gross, not net figures.
- Emissions figures should be for the reporting year only (as defined by your answer to C0.2).
Note for organizations responding to high-impact sector requests
- If your company’s primary CDP sector is one of the twelve high-impact sectors, the response to 7.3c is not required. Organizations responding to these requests are presented with additional questions on this topic (C-CE7.4/C-CH7.4/C-CO7.4/C-EU7.4/C-MM7.4/C-OG7.4/C-ST7.4/C-TO7.4/C-TS7.4; C-AC7.4/C-FB7.4/C-PF7.4, C-MM9.3a, C-MM9.3b, C-CO7.1b, C-EU7.1b, C-OG7.1b) relating specifically to activities in the sector. Your primary CDP sector is displayed in your response dashboard.
Scope 1 breakdown: agriculture
Question C7.4 only applies to organizations with activities in the following sectors:
- Agricultural commodities
- Food, beverage & tobacco
- Paper & forestry
- Coal
- Electric utilities
- Oil and gas
- Cement
- Chemical
- Metals and mining
- Steel
- Transport OEMs
- Transport services
(C-AC7.4/C-FB7.4/C-PF7.4) Do you include emissions pertaining to your business
activity(ies) in your direct operations
as part of your global gross Scope 1 figure?
Question dependencies
This question only appears if you select the following options in response to C-AC0.6/C-FB0.6/C-PF0.6:
- "Own land only" or "Both own land and elsewhere in value chain" for "Agriculture/Forestry" business activity, AND/OR,
- "Direct operations only" or "Both direct operations and elsewhere in value chain" for "Processing/Manufacturing" and/or "Distribution" business activities.
Change from 2019
No change
Rationale
This question gathers data on whether an emissions figure has been calculated for activities pertaining this sector, taking place within your organizational boundary, and is being reported as part of your gross Scope 1. This informs data users on whether your Scope 1 figure is representative of your business’ activities and their associated climate-related impacts.
Response options
Select one of the following options:
Requested content
General
- If your organization has calculated emissions from your relevant business activities (i.e. agricultural/forestry, processing/manufacturing and/or distribution) and these emissions are included in the global gross Scope 1 emissions figure reported in C6.1, please select “Yes”, if these emissions have been included in their entirety, or “Partially”, if some of these emissions were included. Otherwise, select “No”.
(C-AC7.4a/C-FB7.4a/C-PF7.4a) Select the form(s) in
which you are reporting your agricultural/forestry emissions.
Question dependencies
This question only appears if you select "Yes" or "Partially" in response to C-AC7.4/C-FB7.4/C-PF7.4, AND select "Own land only" or "Both own land and elsewhere in value chain" in response to the 'Agriculture/Forestry' row in C-AC0.6/C-FB0.6/C-PF0.6
Change from 2019
No change
Rationale
This question provides you the option to breakdown CO2e emissions associated with agricultural/forestry activities in your land in further categories, as advised by the GHG Protocol.
Response options
Select one of the following options:
- Total emissions
- Emissions disaggregated by category (advised by the GHG Protocol)
Requested content
General
- Non-mechanical: Emissions from biological processes shaped by climatic and soil conditions or the burning of crop/timber residues.
- Land use change: Emissions from land use change that results in a reduction in the size of carbon stocks e.g. from the conversion of native habitats into farmlands/production units.
- Mechanical: Emissions from equipment or machinery operated on farms.
- If you select “Emissions disaggregated by category”, you will be able to report a breakdown of your agricultural/forestry emissions in the subsequent question.
- If you are unable to report your agricultural/forestry emissions disaggregated by the categories listed above, you should select "Total emissions".
Additional information
(C-AC7.4b/C-FB7.4b/C-PF7.4b) Report the Scope 1 emissions pertaining to your business activity(ies) and explain any exclusions. If applicable, disaggregate your agricultural/forestry by GHG emissions category.
Question dependencies
This question only appears if you select "Yes" or "Partially" in response to C-AC7.4/C-FB7.4/C-PF7.4.
Change from 2019
No change
Rationale
This question gathers information on Scope 1 data pertaining your relevant business activities and gives organizations an opportunity to provide further emissions breakdowns, as advised by the GHG Protocol.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table:
Activity
|
Emissions category
|
Emissions (metric tons CO2e)
|
Methodology
|
Please explain
|
Select from:
• [List created from your response to C-AC0.6/C-FB0.6/C-PF0.6]
|
Select from:
- Non-mechanical
- Land use change
- Mechanical
- Total
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum
of 3 decimal places]
|
Select all that apply:
- Default emissions factor
- Region-specific emissions factors
- Empirical models
- Process-based models
- Field measurements
- Other, please specify
|
Text field [maximum
2,400 characters]
|
[Add Row]
Requested content
General
- You should provide Scope 1 emissions data pertaining every business activity areas that are relevant to your organization, as indicated in C-AC0.6/C-FB0.6/C-PF0.6.
Activity (column 1)
- The list presented in this column includes all activities that are relevant to your organization as you indicated in C-AC0.6/C-FB0.6/C-PF0.6. Add one row for each activity, except if "Agriculture/Forestry" is relevant to you and you indicated previously that you can provide a breakdown of Scope 1 data by categories. In this case, you should add four rows for "Agriculture/Forestry" and one row for the other relevant activities.
Emissions category (column 2)
- This column appears if you select "Emissions disaggregated by category" in response to C-AC7.4a/C-FB7.4a/C-PF7.4a.
- When disclosing data for "Agriculture/Forestry", you should disclose to all of the options listed here, including "Total." For all other relevant business activities, you should only select "Total". For example, if you are disclosing data for "Agriculture/Forestry" and "Processing/Manufacturing" and have indicated that you can breakdown your agricultural/forestry emissions by categories in C-AC7.4a/C-FB7.4a/C-PF7.4a, your table should look like as follows (for columns 1 and 2):
Activity
|
Emissions category
|
Agriculture/Forestry
|
Non-mechanical
|
Agriculture/Forestry
|
Land use change
|
Agriculture/Forestry
|
Mechanical
|
Agriculture/Forestry
|
Total
|
Processing/Manufacturing
|
Total
|
Whereas, if have selected "Total emissions" in response to C-AC7.4a/C-FB7.4a/C-PF7.4a, your table should look like as follows (for columns 1 and 2):
Activity
|
Emissions metric tons (metric tons CO2e)
|
Agriculture/Forestry
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places]
|
Processing/Manufacturing
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places]
|
Emissions (metric tons CO2e) (column 3)
- If you do not know your Scope 1 emissions figure, do not add a 0 (zero). A 0 (zero) indicates you have measured your emissions and that they are equal to 0 (zero).
Methodology (column 4)
- Select the option(s) that best describe the methods used to calculate your Scope 1 emissions figure reported in column 3 (Emissions…).
- You should consider the following:
- Default emissions factors: involve the multiplication of activity data by an international default emissions factor.
- Region-specific emissions factors: involve the multiplication of activity data by an emissions factor specific to the region.
- Empirical models: involve using field measurements to develop statistical relationships between GHG data and activity-specific factors.
- Process-based models: involve mathematically linking biogeochemical processes that control the production, consumption, and emission of GHGs.
- Field measurements: these can be direct (e.g. livestock chambers that measure methane emissions from enteric fermentation) or indirect (e.g. measurement of carbon stocks before and after a change in management practices).
- If none of the options are applicable to your organization, select "Other, please specify" and indicate the methodology your organization applied.
Please explain (column 5)
- Specify and describe the assumptions, methods and tools used to calculate your Scope 1 emissions figure reported in column 3 (Emissions…).
- Specify and explain any exclusions.
Example response
For a company disclosing total agricultural emissions:
Activity
|
Emissions (metric tons CO2e)
|
Methodology
|
Please explain
|
Agriculture/Forestry
|
200
|
Region-specific emissions
factors; Field measurements
|
Our main agricultural input is
beef (95% of our total production), and we understand that cattle can be a
significant source of methane emissions (a potent greenhouse gas - GHG) due to
enteric fermentation. We consider cattle to be our most significant source of
GHG emissions and have focused our attention and efforts toward quantifying
these emissions to date. Our entire beef production, and all its farm components
(animals, input materials, land activities, and machinery) are included in the emissions
accounting. We used the GHGs Accounting tool to calculate GHG emissions, which uses
default and region-specific emissions factors and farm specific data. At the
moment, we measure GHG emissions directly in a percentage of our sites (20%)
but intend to increase these field measurements in the near future.
In
the next year, we plan to start collecting emissions data from our agricultural
crops, that encompass 5% of our total production. We will initially target
crops that we grow in the largest quantities including sugarcane and barley.
|
For a company disclosing agricultural emissions disaggregated by category:
Activity
|
Emissions category
|
Emissions (metric tons CO2e)
|
Methodology
|
Please explain
|
Agriculture/Forestry
|
Non-mechanical
|
150
|
Default emissions factors; Region-specific
emissions factors; Field measurements
|
Our main agricultural input is
beef, and we understand that cattle can be a significant source of methane
emissions (a potent greenhouse gas - GHG) due to enteric fermentation. We
consider cattle to be our most significant source of GHG emissions and have
focused our attention and efforts toward quantifying these emissions to date.
Our entire beef production is included in the emissions analysis. For the
non-mechanical emissions, we included all GHG emissions from enteric
fermentation, soil nitrous oxide emissions and emissions from manure
management. We used the GHGs Accounting tool to calculate GHG emissions, which considered
region-specific emissions factors and farm specific data. At the moment, we
measure GHG emissions directly in a percentage of our sites (20%) but intend to
increase these field measurements in the near future.
In the next year, we plan to start collecting emissions data from our agricultural crops, that encompass 5% of our total production. We will initially target crops that we grow in the largest quantities including sugarcane and barley.
|
Agriculture/Forestry
|
Land
use change
|
35
|
Field measurements
|
For the emissions from land use change, we
included CO2e emissions from all croplands that have been converted into
pastures in the reporting year. We used field measurements to calculate our
total emissions figure and extrapolated to the total area converted. This
accounted for 3% of our total farmland area. Note that we have not amortized
our emissions because the quantification interval has not exceeded one year.
|
Agriculture/Forestry
|
Mechanical
|
15
|
Default emissions factors
|
For the mechanical emissions figure, we
accounted for the emissions from all the machinery in our farms and slaughterhouses.
We used default emissions factors as inputs in the GHGs Accounting tool to
calculate our total CO2e figure.
|
Agriculture/Forestry>
|
Total
|
200
|
Default emissions factors; Region-specific
emissions factors; Field measurements
|
This total emissions figure combines
non-mechanical, mechanical emissions, and emissions from land use change. We
used the GHGs Accounting tool to calculate GHG emissions, which considered
default and region-specific emissions factors and farm specific data. This
accounts for the majority of our production units (95%).
In the next year, we plan to start collecting emissions data from our agricultural crops, that encompass 5% of our total production. We will initially target crops that we grow in largest quantities including sugarcane and barley.
|
Additional information
Refer to:
(C-AC7.4c/C-FB7.4c/C-PF7.4c) Why do you not include greenhouse gas emissions pertaining your business activity(ies) in your direct operations as part of your global gross Scope 1 figure?
Describe any plans to do so in the future.
Question dependencies
This question only appears if you select "No" in response to C-AC7.4/C-FB7.4/C-PF7.4.
Change from 2019
No change
Rationale
This question aims to identify the main reason for why you have not included emissions pertaining to relevant business activities taking place within your organizational boundary, as part of your gross Scope 1 figure. This informs data users on whether your Scope 1 figure is representative of your business’ activities and their associated climate-related impacts and indicates if have any plans to do so in the next two years.
Response options
Please complete the following table:
Primary reason | Please explain |
Select from: - Analysis in progress
- We are planning to include in the next two years
- Judged to be unimportant
- Not an immediate business priority
- No instruction from management
- Lack of internal resources
- Other, please specify
| Text field [maximum 4,000 characters] |
Requested content
General
- You can provide either your primary reason for why you have not included emissions pertaining to your relevant business activities taking place within your organizational boundary as part of your gross Scope 1 figure, or describe any future plans to include these data in the next two years, if applicable.
Primary reason (column 1)
- If none of the reasons are applicable to your organization, select "Other, please specify" and indicate your primary reason. If you need more than 40 characters, please use column 2 (Please explain).
Please explain (column 2)
- Provide an explanation in line with the primary reason selected in column 1.
- If you selected the dropdown "Analysis in progress" in column 1, describe your evaluation methods, indicating the procedures and tools used for calculating your figures; specify whether this analysis will cover your entire reporting boundary; and provide a date for when the analysis will be finalized.
- If you selected "We are planning to include in the next two years," describe the methods and coverage (e.g., entire reporting boundary, relevant business activity) you plan to use in the analysis.
- If you selected "Lack of internal resources," specify the main challenges you experience.
Scope 1 breakdown: sector production activities
(C-CE7.4/C-CH7.4/C-CO7.4/C-EU7.4/C-MM7.4/C-OG7.4/C-ST7.4/C-TO7.4/C-TS7.4) Break down your organization’s total gross global Scope 1 emissions by sector production activity in metric tons CO2e.
Change from 2019
Modified question for OG only
Rationale
Reporting emissions by activity allows a more in-depth understanding of business risks related to future regulation and climate-related issues, and allows organizations to identify potential opportunities to reduce emissions associated with operational activities.
Response options
Please complete the following table:
Sector production activity
|
Gross Scope 1 emissions, metric tons CO2e
|
Net Scope 1 emissions, metric tons CO2e*
|
Comment
|
Cement production activities**
|
Numerical field [enter a number from 0-999,999,999 using a maximum of 3 decimal places]
|
Numerical field [enter a number from 0-999,999,999 using a maximum of 3 decimal places]
|
Text field [maximum 2,400 characters]
|
Chemicals production activities**
|
|
|
|
Coal production activities**
|
|
|
|
Electric utility activities**
|
|
|
|
Metals and mining production activities**
|
|
|
|
Oil and gas production activities (upstream)**
|
|
|
|
Oil and gas production activities (midstream)** |
|
|
|
Oil and gas production activities (downstream)**
|
|
|
|
Steel production activities**
|
|
|
|
Transport OEM activities**
|
|
|
|
Transport services activities**
|
|
|
|
*This column only appears for cement production activities
**This row only appears for the relevant sector
Requested content
General
- This question requests gross global Scope 1 emissions by sector production activity, i.e. aggregated across all business divisions and/or facilities for that sector.
- It is based on question C6.1 but is sector specific. Emissions occurring outside of the presented sector, should not be reported here. Therefore, the figure you report here should be lower than the figure you reported in C6.1.
- Sector production activities are activities conducted by your organization within the high-intensity sector that this sector-specific questionnaire relates to. These activities may be directly or indirectly related to the production process itself.
- Given the potential complexity of production sectors, CDP encourages you to identify and remove specific activities from your organizational boundary (or business division’s organizational boundary) that are not necessarily a part of the sector. Starting with your answer to question C6.1, emissions from the following sources should be deducted:
- External corporate entities, i.e. assets, business divisions, partnerships and subsidiaries operating outside of the high-intensity sector.
- Non-industrial buildings, e.g. offices, accommodation, other property.
- Non-production related activities, e.g. management, services, R&D, marketing, retail.
- Transport, e.g. distribution, business travel, shipping, freight, logistics.
- Projects, e.g. construction, engineering and maintenance.
- Alternatively, you may consider constructing your sector boundary around activities that should be included. At a minimum, you should include in your sector boundary:
- The production processes
- All activities, processes and equipment that are ancillary to the production processes.
- All other industrial installations, energy installations and other installations or activities contributing to or supplying the production processes and ancillary activities, e.g. boilers, power plant, raw material preparation and extraction, etc.
- All buildings that house the production processes and ancillary activities and said installations, as well as buildings used for inventory storage.
- Onsite mobile combustion, e.g. forklifts and excavators, and movement of materials between industrial sites within the sector.
- Any other industrial activities that typically occur on the production sites of the high-intensity sector.
- You should report direct emissions occurring inside the organizational boundary and the sector boundary.
- If your organization only operates within the presented high-intensity sector, then the emissions figure you report here is still likely to be lower than the figure you reported in C6.1. This is because for this question CDP encourages you to exclude activities that are not dependent on being in the presented sector. The purpose is to improve the consistency and accuracy of sector emissions reporting.
- If your organization is active across multiple high-intensity sectors, complete this table as it is presented, providing gross global Scope 1 emissions for each sector production activity listed.
Scope 1 emissions (metric tons CO2e) (column 2)
- Emissions must be reported in gross, not net figures. Therefore, negative numbers are not allowed. Gross emissions are requested so that users of the information can account for the GHG emissions from sources owned or controlled by your organization, before any reductions for offsets are made, as per the GHG Protocol Corporate Standard. This transparency is meant to provide users with the most accurate portrayal of the emissions created within your company boundary.
- Emission figures should be for the reporting year only (as defined by your answer to C0.2).
- Putting in zero would suggest that you have measured your emissions and that they are equal to zero (0).
- Scope 1 emissions should be reported in metric tons of CO2e. Common conversion factors are included in the Technical Note on Units of Measure Conversions.
- Special requirements for carbon sequestration, captured & stored and transferred CO2, transfer in – transfer out, and enhanced oil recovery are explained in the Technical Note on Special conditions for reporting Scope 1 emissions.
Comment (column 3/column 4 for cement sector) (optional)
- You are encouraged to comment on the activity boundary applied to your disclosure. Comment on any activities that may be part of your organization or, if you also operate in other sectors, the relevant division of your organization, but have not been included here because they are not dependent on being part of the sector. If your methodology employs sector-based guidelines for accounting, then you should also mention them here. Any other comments you deem relevant to your response may also be provided here.
Net Scope 1 emissions, metric tons CO2e (column 3 – for cement sector only)
- Net emissions are gross emissions minus credits for indirect GHG savings. Credits may be awarded for the use of "alternative fuels and raw" materials (AFR). AFR come in the form of recovered wastes which displace the use of fossil fuels. Subtracting credits is in-effect applying a zero-emission factor to the combustion of these wastes. For more information, refer to the accounting standards set by the WBCSD's Cement Sustainability Initiative (CSI).
- Emission figures should be for the reporting year only (as defined by your answer to C0.2).
- Putting in zero would suggest that you have measured your emissions and that they are equal to zero (0).
- Scope 1 emissions should be reported in metric tons of CO2e. Common conversion factors are included in the Technical Note on “Units of Measure Conversions”.
- Special requirements for carbon sequestration, captured & stored and transferred CO2, transfer in – transfer out, and enhanced oil recovery are explained in the Technical Note on “Special conditions for reporting Scope 1 emissions”.
Note for cement sector:
For ease of reporting, organizations already accounting direct emissions for the WBCSD's Cement Sustainability Initiative (CSI) may wish to utilize this work in answering this question. If so, you should update fuel emission factors to incorporate non-CO2 GHG emissions relating to combustion.
Note for oil and gas sector:
This question splits oil and gas activities into upstream, midstream and downstream as follows:
- Upstream includes exploration, development, and production of oil and gas.
- Midstream includes the transportation and distribution of crude oil and natural gas.
- Downstream includes refining, processing, distribution, and marketing of products derived. For the purpose of this question, Chemicals are also included in this Downstream category, which comprises the manufacture, distribution and marketing of chemical products derived from oil and gas (petrochemicals).
- Transport activities considered a defining part of the oil and gas sector value chain, e.g. midstream activities, may be included for oil and gas production activities.
- Projects considered an essential part of the oil and gas sector, such as exploration and extraction projects, should be included for oil and gas production activities.
Additional information
A note on biogas
- Carbon dioxide emitted from the combustion of biomass/biofuel or fermentation should not be included in your response to question C6.1 but instead should be reported in C6.7. This applies to self-generated biogas.
- When gas is sourced from a shared pipeline network with multiple sources including both renewable and non-renewable sources, certificates are required to demonstrate the renewable origin of gas (i.e. “certified biogas”). To make a renewable electricity usage claim on electricity generated onsite from gas the following conditions need to be met:
- The company combusts gas sourced from a shared gas pipeline network to produce electricity;
- It also owns or purchases green gas certificates that originated from one of the gas producers on the pipeline network – these need not necessarily be purchased directly from the biogas producers;
- The company permanently retains the environmental attributes of the electricity generation, including any energy attribute certificates (e.g. RECs in the U.S.) for the electricity generated.
- If the company uses biogas that is sourced from a dedicated pipeline and the source is renewable, then they do not need certificates to prove the renewable origin.
- CDP does not have specific requirements or recommendations for biogas certification. Certified biogas is defined as a contractual instrument that meets the Scope 2 Quality Criteria in GHG Protocol Scope 2 Guidance. For more information on this refer to CDP Technical Note: Accounting of Scope 2 emissions.
Scope 2 breakdown: country
(C7.5) Break down your total gross global Scope 2 emissions by country/region.
Change from 2019
Removed question for EU and FS only
Rationale
By breaking down emissions to country or regional level, information and data can be made available to regions, states and sub-national bodies to help guide the development of emissions-related legislation.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Goal 12: Responsible consumption and production
Goal 13: Climate action
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Country/Region
|
Scope 2, location-based (metric tons CO2e)
|
Scope 2, market-based (metric tons CO2e)
|
Purchased and consumed electricity, heat, steam or cooling (MWh)
|
Purchased and consumed low-carbon electricity, heat, steam or cooling accounted for in Scope 2 market-based approach (MWh)
|
Select from a drop-down list of countries and regions. Please see the Technical Note “Country and Regions”, for details around the available regions and their constituent countries.
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
Numerical field [enter a number of 0- 999,999,999,999 using a maximum of 2 decimal places and no commas]
|
Numerical field [enter a number of 0- 999,999,999,999 using a maximum of 2 decimal places and no commas]
|
[Add Row]
Requested content
General
- Breaking down emissions to the country level is useful to investors as this is often the level at which emissions-related legislation is introduced. Please note that emissions should be attributed to individual countries wherever possible. CDP considers reporting emissions broken down by country best practice.
- Where emissions are sufficiently low, or for parts of your business where your inventory does not allow for a country level of granularity, use the available region options from the dropdown menu to group emissions from a number of countries. Please see CDP’s Technical Note on “Country and regions” for details around the available regions and their constituent countries.
- For countries like USA, Canada, or Brazil where several grids can exist within a country and emission factors are calculated at state/sub-regional level, companies are welcome to provide further breakdown details using “Other, please specify” option.
- Please note that further disclosure related to emissions accounted for at zero or low-carbon emissions factors is required in the energy section (C8.2e).
- Negative numbers are not allowed as organizations are to report gross, not net figures.
- Emissions figures should be for the reporting year only (as defined by your answer to C0.2).
Country/Region (column 1)
- Select country/region in accordance with CDP’s Technical Note on“Country and regions”.
- If you wish to report your emissions at sub-national level, select “Other, please specify” and provide a label for the sub-national entity.
Scope 2, location-based (metric tons CO2e) (column 2)
- Report your organization’s Scope 2 emissions in CO2-e for the country/region selected in column 1, on a location-based method, i.e. reflecting the average emissions intensity of grids on which energy consumption occurs.
Scope 2, market-based (metric tons CO2e) (column 3)
- Report your organization’s Scope 2 emissions in CO2-e for the country/region selected in column 1, on a market-based method, i.e. reflecting emissions from electricity that companies have purposefully chosen (or their lack of choice).
Purchased and consumed electricity, heat, steam, or cooling (MWh) (column 4)
- This column relates to the total amount of energy consumed and that constitutes the “activity data” for your Scope 2 figure.
- Electricity consumed is usually the largest portion of a company’s reported Scope 2 emissions. However, if your company has also included purchased and consumed steam, heating and cooling in its Scope 2 figure, that activity data should also be reported in here.
Purchased and consumed low-carbon electricity, heat, steam or
cooling accounted for in Scope 2 market-based approach (MWh) (column 5)
- This column should be used to disclose the amounts of electricity, heat,
steam or cooling that was accounted at a zero emission factor (0 metric tonnes
CO2e/MWh) and that are supported by appropriate tracking instruments (please
refer to CDP’s
Technical Note on “Accounting of Scope 2 emissions” for criteria on what are
considered “appropriate tracking instruments”).
- Any proportion of electricity, heat, steam, or cooling that comes
from low carbon sources and is not backed by some kind of instrument retired by
the company, or by someone on their behalf should not be counted.
- Please note that it is logically expected that the figure reported
in this column should be equal to or
lower than the figure reported in column “Purchased and consumed electricity,
heat, steam or cooling (MWh)” (column 4)
Explanation of terms
- Low-carbon energy: in line with the IEA definition, low-carbon technologies are technologies that produce low – or zero – greenhouse-gas emissions while operating. In the power sector this includes fossil-fuel plants fitted with carbon capture and storage, nuclear plants and renewable-based generation technologies. Natural gas, combined cycle gas turbine and fossil fuel-based combined heat and power (cogeneration), despite being less carbon intensive than other means of electricity production like coal, are not considered low-carbon.
- Renewable energy: CDP follows the definition of renewable energy given in the GHG Protocol, i.e. “energy taken from sources that are inexhaustible, e.g. wind, water, solar, geothermal energy and biofuels.”
Scope 2 breakdown: business breakdowns
(C7.6) Indicate which gross global Scope 2 emissions breakdowns you are able to provide.
Change from 2019
Removed question for EU and FS only
Rationale
By requesting companies to break down emissions by business division, facility, and activity, CDP grants data users and investors transparency into the sources of a company's Scope 2 emissions.
Response options
Select all that apply from the following options:
- By business division
- By facility
- By activity
Requested content
General
- You should identify breakdowns that are relevant to your business/sector and as such, those that investors would find interesting.
- Identify those that are relevant by ticking the boxes provided in the ORS adjacent to each of the three options.
- By business division
- This breakdown can give an indication of the relative GHG performance of your company’s divisions. When reported over time, your company and the information users will be able to review improvements or declines in division performance. This breakdown can be used alongside revenue segments found in company annual filings to understand companies’ emissions profiles in greater detail. It is recommended that companies match the divisions reported here with those found in company filings and financial statements to facilitate this process.
- The GHG Protocol stationary combustion tool document states that a “facility includes all buildings, equipment, structures and other stationary items which are located on a single site or on contiguous or adjacent sites and which are owned or operated by the same person or entity (or by any person or entity which controls, is controlled by or is under common control, with such person or entity)”.
- Facilities may also be referred to as installations. More than one business activity may take place at a facility and a facility may include more than one combustion unit, such as a boiler.
- Reporting at this level can provide a useful indicator for making comparisons between facilities. In some cases, individual facilities may come within the scope of particular legislation, requiring baselining and subsequent reduction of GHG emissions through improvements in energy efficiency. This is particularly the case for industrial plants. Therefore, providing facility-level emission figures may give data-users insight into your organization’s current/potential exposure to regulation in this area.
- Relevant activities should be defined by the reporting company but could include process activities, office activities etc. These activities can take place over multiple business divisions, countries or facilities. Reporting by activity allows a more in depth understanding of business risk to future regulation. To facilitate comparability of data between companies, you are asked to report a breakdown of your activities using language that would be clear to someone outside of your organization and avoid using company-specific terminology. Furthermore, the level of aggregation of activities should be set so it is meaningful to investors or customers viewing your response. Each activity should be broken down to a level granular enough to provide a data user with a relevant and complete understanding of your company’s activities and how these contribute to your emissions profile. Each activity should be broken down to a level sufficient for understanding the complete activity emissions profile and where further disaggregation would not add value for data users to understand the associated GHG emissions.
Note for agricultural sectors:
- You should consider the business activity areas that are relevant to your organization, as indicated in C-AC0.6/C-FB0.6/C-PF0.6 (i.e., if you selected ‘Own land only/Direct operations only’ or ‘Both own land/direct operations and elsewhere in your value chain’ for the following activities: agriculture/forestry, processing/manufacturing, and/or distribution).
Note for organizations responding to high-impact sector requests
- If you select “By activity”, you will be presented with question 7.6c. If your company’s primary CDP sector is one of the following: OG, CO,TO, TS, MM, ST, CH or CE, the response to 7.6c is not required. Organizations responding to these requests are presented with additional questions on this topic (C-CE7.7/C-CH7.7/C-CO7.7/C-MM7.7/C-OG7.7/C-ST7.7/C-TO7.7/C-TS7.7, C-MM9.3a, MM9.3b) relating specifically to activities in the sector. Your primary CDP sector is displayed in your response dashboard.
(C7.6a) Break down your total gross global Scope 2 emissions by business division.
Question dependencies
This question only appears if you select “By business division” in response to C7.6.
Change from 2019
Removed question for EU and FS only
Rationale
This question can give an indication of the relative GHG performance of your company’s divisions. When reported over time, your company and CDP’s data users will be able to review improvements or declines in division performance.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Business division
|
Scope 2, location-based (metric tons CO2e)
|
Scope 2, market-based (metric tons CO2e)
|
Text field [500 maximum characters]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
[Add Row]
Requested content
Business division (column 1)
- Using no more than 500 characters, state the business division you are disclosing Scope 2 emissions for.
Scope 2, location-based (metric tons CO2e) (column 2)
- Report your organization’s Scope 2 emissions in CO2-e for the business division stated in column 1, on a location-based method, i.e. reflecting the average emissions intensity of grids on which energy consumption occurs.
- Negative numbers are not allowed as organizations are to report gross, not net figures.
- Emissions figures should be for the reporting year only (as defined by your answer to C0.2).
Scope 2, market-based (metric tons CO2e) (column 3)
- Report your organization’s Scope 2 emissions in CO2-e for business division stated in column 1, on a market-based method, i.e. reflecting emissions from electricity that companies have purposefully chosen (or their lack of choice).
- Negative numbers are not allowed as organizations are to report gross, not net figures.
- Emissions figures should be for the reporting year only (as defined by your answer to C0.2).
(C7.6b) Break down your total gross global Scope 2 emissions by business facility.
Question dependencies
This question only appears if you select “By facility” in response to C7.6.
Change from 2019
Removed question for EU and FS only
Rationale
Providing facility-level emission figures may give data users insight into your organization’s current/potential exposure to regulation in this area. Reporting at this level can provide a useful indicator for making comparisons between facilities.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Facility
|
Scope 2, location-based (metric tons CO2e)
|
Scope 2, market-based (metric tons CO2e)
|
Text field [maximum 500 characters]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
[Add Row]
Requested content
Facility (column 1)
- Using no more than 500 characters, identify the facility you are disclosing Scope 1 emissions for.
- If your organization has Scope 2 emissions from non-stationary sources that cannot be attributed to a specific facility then you can report the emissions from these sources collectively in one row. You can identify these emissions by inputting "Non-stationary sources" in this column.
Scope 2, location-based (metric tons CO2e) (column 2)
- Report your organization’s Scope 2 emissions in CO2e for the facility identified in column 1, on a location-based method, i.e. reflecting the average emissions intensity of grids on which energy consumption occurs.
- Negative numbers are not allowed as organizations are to report gross, not net figures.
- Emissions figures should be for the reporting year only (as defined by your answer to C0.2).
Scope 2, market-based (metric tons CO2e) (column 3)
- Report your organization’s Scope 2 emissions in CO2e for the facility identified in column 1, on a market-based method, i.e. reflecting emissions from electricity that companies have purposefully chosen (or their lack of choice).
- Negative numbers are not allowed as organizations are to report gross, not net figures.
- Emissions figures should be for the reporting year only (as defined by your answer to C0.2).
(C7.6c) Break down your total gross global Scope 2 emissions by business activity.
Question dependencies
This question only appears if you select “By activity” in response to C7.6.
Change from 2019
Removed question for EU and FS only
Rationale
Reporting emissions by activity allows a more in-depth understanding of business risks related to future regulation and climate-related issues, and allows organizations to identify potential opportunities to reduce emissions associated with operational activities.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Activity
|
Scope 2, location-based (metric tons CO2e)
|
Scope 2, market-based (metric tons CO2e)
|
Text field [maximum 500 characters]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 3 decimal places and no commas]
|
[Add Row]
Requested content
Activity (column 1)
- Using no more than 500 characters, disclose the activity you are disclosing Scope 2 emissions for.
Scope 2, location-based (metric tons CO2e) (column 2)
- Report your organization’s Scope 2 emissions in CO2efor the activity reported in column 1, on a location-based method, i.e. reflecting the average emissions intensity of grids on which energy consumption occurs.
- Negative numbers are not allowed as organizations are to report gross, not net figures.
- Emissions figures should be for the reporting year only (as defined by your answer to C0.2).
Scope 2, market-based (metric tons CO2e) (column 3)
- Report your organization’s Scope 2 emissions in CO2e for the activity reported in column 1, on a market-based method, i.e. reflecting emissions from electricity that companies have purposefully chosen (or their lack of choice).
- Negative numbers are not allowed as organizations are to report gross, not net figures.
- Emissions figures should be for the reporting year only (as defined by your answer to C0.2).
Note for agricultural sectors
- You should provide Scope 2 emissions data pertaining to all your relevant business activity areas (i.e., agriculture/forestry, processing/manufacturing, and/or distribution), as indicated in C-AC0.6/C-FB0.6/C-PF0.6.
Note for organizations responding to high-impact sector requests
- If your company’s primary CDP sector is one of the following: OG, CO,TO, TS, MM, ST, CH or CE, the response to 7.6c is not required. Organizations responding to these requests are presented with additional questions on this topic (C-CE7.7/C-CH7.7/C-CO7.7/C-MM7.7/C-OG7.7/C-ST7.7/C-TO7.7/C-TS7.7, C-MM9.3a, MM9.3b) relating specifically to activities in the sector. Your primary CDP sector is displayed in your response dashboard.
Scope 2 breakdown: sector production activities
Question C-CE7.7/C-CH7.7/C-CO7.7/C-MM7.7/C-OG7.7/C-ST7.7/C-TO7.7/C-TS7.7 only applies to organizations with activities in the following sectors:
- Cement
- Chemicals
- Coal
- Metals & mining
- Oil & gas
- Steel
- Transport OEMS
- Transport services
(C-CE7.7/C-CH7.7/C-CO7.7/C-MM7.7/C-OG7.7/C-ST7.7/C-TO7.7/C-TS7.7) Break down your organization’s total gross global Scope 2 emissions by sector production activity in metric tons CO2e.
Change from 2019
Modified question for OG only
Rationale
Reporting emissions by activity allows a more in-depth understanding of business risks related to future regulation and climate-related issues, and allows organizations to identify potential opportunities to reduce emissions associated with operational activities.
Response options
Please complete the following table:
Sector production activity
|
Scope 2, location-based, metric tons CO2e
|
Scope 2, market-based (if applicable), metric tons CO2e
|
Comment
|
Cement production activities*
|
Numerical field [enter a number from 0-99,999,999 using a maximum of 3 decimal places]
|
Numerical field [enter a number from 0-99,999,999 using a maximum of 3 decimal places]
|
Text field [maximum 2,400 characters]
|
Chemicals production activities*
|
|
|
|
Coal production activities*
|
|
|
|
Metals and mining production activities*
|
|
|
|
Oil and gas production activities (upstream)*
|
|
|
|
Oil and gas production activities (midstream)* |
|
|
|
Oil and gas production activities (downstream)*
|
|
|
|
Steel production activities*
|
|
|
|
Transport OEM activities*
|
|
|
|
Transport services activities*
|
|
|
|
*This row only appears for the relevant sector
Requested content
General
- This question requests gross global Scope 2 emissions (location- and market-based) by sector production activity, i.e. aggregated across all business divisions and/or facilities.
- This question is based on question C6.3 but is sector specific. Emissions deriving from the generation of electricity, steam, heat, and cooling that is purchased or acquired for consumption outside of your presented sector, should not be reported here.
- See the guidance in C-CE7.4/C-CH7.4/C-CO7.4/C-EU7.4/C-MM7.4/C-OG7.4/C-ST7.4/C-TO7.4/C-TS7.4 for sector boundary definition.
- If your organization only operates within the presented sector, then the emissions figures you report here are still likely to be lower than the figures you reported in C6.3. This is because for this question CDP encourages you to exclude activities that are not dependent on being in the presented high-intensity sector. The purpose is to improve the consistency and accuracy of sector emissions reporting.
- If your organization operates in or owns assets across multiple sectors, then you should report emissions only for the presented sectors business division(s). Therefore, the figures you report here should be lower than the figures you reported in C6.3.
- If your organization is active across multiple high intensity sectors, complete this table as it is presented.
- Emissions must be reported in gross, not net figures. Therefore, negative numbers are not allowed.
- Emission figures should be for the reporting year only (as defined by your answer to C0.2).
- If your organization imports electricity, steam, heat or cooling from an entity which is outside the sector boundary, but is nonetheless owned by the wider organization, then you should count for this here as a Scope 2 emission. Because the emissions occur outside of your Scope 1 boundary, they are Scope 2 emissions.
- Emissions estimates are acceptable, as long as there is transparency with regards to the estimation approach (what is estimated and how) and the data used for the analysis is adequate to support the objectives of the inventory.
- For more information on how to report Scope 2 emissions, see the Technical Note on “Accounting of Scope 2 emissions”, where you can find guidance on emission factors and the types that can be applied. Please also note that CH4 and N2O from electricity production should be included in the emissions factor calculation.
- For further information, see GHG Protocol Scope 2 Guidance.
- When accounting for your Scope 2 emissions, and should you need more information than provided in this guidance, you may want to consult your electricity suppliers, carbon advisor or verifier/assurer.
Scope 2, location-based (metric tons CO2e) (column 2)
- Report your organization’s total gross global Scope 2 emissions in CO2-equivalent for sector production activity listed in column 1, on a location-based method, i.e. reflecting the average emissions intensity of grids on which energy consumption occurs.
Scope 2, market-based (if applicable), metric tons CO2e (column 3)
- Report your organization’s total gross global Scope 2 emissions in CO2-equivalent for sector production activity listed in column 1, on a market-based method, i.e. reflecting emissions from electricity that companies have purposefully chosen (or their lack of choice).
Comment (column 4) (optional)
- You can use this text field to enter any additional relevant information.
Note for oil and gas sector
- Upstream includes exploration, development, and production of oil and gas.
- Midstream includes the transportation and distribution of crude oil and natural gas.
- Downstream includes refining, processing, distribution, and marketing of products derived. For this question, CDP also includes Chemicals in this category, which includes the manufacture, distribution and marketing of chemical products derived from oil and gas (petrochemicals).
- Transport activities considered a defining part of the oil and gas sector value chain, e.g. midstream activities, may be included for oil and gas production activities.
- Projects considered an essential part of the oil and gas sector, such as exploration and extraction projects, should be included for oil and gas production activities.
Note for cement sector
- For ease of reporting, organizations already accounting indirect emissions for the WBCSD's Cement Sustainability Initiative (CSI) may wish to utilize this work in answering this question. In this case, you should update external power generation emission factors to incorporate non-CO2 GHG emissions. You should also add on emissions arising from the generation of heat, steam, or cooling that is purchased and consumed inside your sector boundary. You should ignore indirect emissions from the movement of clinker (49b and 49c). You should include inbound clinker (49b) as part of your response to question C6.5.
Scope 3 breakdown
Question C7.8 only applies to organizations with activities in the following sectors:
- Chemicals
- Transport manufacturers
(C-CH7.8) Disclose the percentage of your organization’s Scope 3, Category 1 emissions by purchased chemical feedstock.
Change from 2019
No change
Rationale
Accounting for Scope 3, Category 1 emissions from purchased feedstock can help to identify the value chain components with greatest emission reduction potential, improve GHG performance of suppliers, and inform the development of sector-specific guidance for the chemical industry.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Purchased feedstock
|
Percentage of Scope 3, Category 1 tCO2e from purchased feedstock
|
Explain calculation methodology
|
Select from:
- High Value Chemicals (Steam cracking)
- Ammonia
- Aromatics extraction
- Methanol
- Butylene
- Propylene (FCC)
- Ethanol
- Butadiene (C4 sep.)
- Nitric acid
- Adipic acid
- Caprolactam
- Soda ash
- Carbon black
- Polymers
- Specialty chemicals
- Other base chemicals
- Anthracite
- Coal
- Lignite
- Coke
- Patent fuel / BKB
- Petroleum coke
- Diesel oil
- Gas oil
- Heavy fuel oil
- Oil shale
- Gasoline
- White Spirit / SBP
- Lubricants
- Naphtha
- Special Naphtha
- Propane liquid
- Propane gas
- Ethane
- Butane
- LPG
- Refinery gas
- Natural gas
- Solid biomass
- Liquid biofuel
- Waste biofuel
- Biogas
- Other (please specify)
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- Complete this table for all feedstocks that you purchased.
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
Percentage of tCO2e from purchased feedstock (column 2)
- Enter the percentage value of the CO2e emissions that the selected feedstock contributes in relation to your total Scope 3, Category 1 emissions, which you can report in question C6.5.
- The sum of percentages reported here should not reach 100 unless all of Scope 3, Category 1 emissions, as reported in C6.5, are covered by the selected feedstocks.
- Fuel feedstocks are also included and contribute to your Scope 3, Category 1 emissions insofar as they are consumed as feedstocks and not consumed solely for energy purposes. Upstream indirect emissions from the consumption of fuels for energy purposes is covered by Scope 3, Category 3 "Fuel- and Energy-Related Activities Not Included in Scope 1 or Scope 2".
Explain calculation methodology (column 3)
- Provide a short description of the types and sources of data used to calculate the CO2e emissions of the selected feedstock in column 1, e.g. activity data, emission factors, GWPs and sources used.
- Additionally, provide a description of the methods, assumptions, and allocation methods used.
Explanation of terms
- High Value Chemicals (Steam cracking): High value chemicals (HVCs) produced via steam cracking include ethylene, propylene from the pyrolysis gas of steam crackers, benzene (contained amounts, excluding extracted amounts), butadiene (also contained), acetylene, and hydrogen sold (as fuel).
- Feedstocks: Feedstocks are raw materials, ranging from fossil fuels to biomass-based resources. These materials are fed into a process, and converted into other commodities or resources, which are either used directly or further transformed . For example, in the steel industry, coking coal is converted to coke, which is used in the steel production. In the petrochemical industry, gaseous feedstocks (ethane, propane, or butane) are used to produce high value chemicals.
- Scope 3, Category 1: Purchased goods and services: The category of Scope 3 emissions, as per GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard, that includes all upstream (i.e., cradle-to-gate) emissions from the production of products purchased or acquired by the reporting company in the reporting year, not otherwise included in Categories 2 – 8. Products include both goods (tangible products) and services (intangible products).
- Steam cracking: Steam cracking is the main method of breaking down large molecules of hydrocarbons, in which a gaseous or liquid hydrocarbon is diluted with steam and then heated. The main product for steam cracking process is HVCs.
(C-CH7.8a) Disclose sales of products that are greenhouse gases.
Change from 2019
No change
Rationale
Reporting sales of products that are greenhouse gases allows a more in-depth understanding of your Scope 3 emissions and business risks associated with potential future climate-related regulation.
Response options
Please complete the following table:
Output product
|
Sales, metric tons
|
Comment
|
Carbon dioxide (CO2)
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
Methane (CH4)
|
|
|
Nitrous oxide (N2O)
|
|
|
Hydrofluorocarbons (HFC)
|
|
|
Perfluorocarbons (PFC)
|
|
|
Sulphur hexafluoride (SF6)
|
|
|
Nitrogen trifluoride (NF3)
|
|
|
Requested content
General
- This question requests disclosure of sale of products that are greenhouse gases (GHG), reported in metric tons of the GHG sold and aggregated across your organization’s reporting boundary.
- These emissions count towards you scope 3 category 11 "Use of Sold Products."
- Emission of these gases inside your organizational boundary counts towards your Scope 1 emissions, for which you can report the total in CO2e in question C6.1 and provide the breakdown for in CO2e in question C7.1a.
Sales, metric tons (column 2)
- Report your organization’s total sales of GHG output product listed in column 1. Complete this column for all of your GHG output products.
- If your organization has not sold this output product over the reporting year, enter 0 (zero).
- Sales figures should be for the reporting year only (as defined by your answer to C0.2).
Explanation of terms
- Carbon dioxide (CO2);
- Methane (CH4);
- Nitrous oxide (N2O);
- Hydrofluorocarbon family of gases (HFCs);
- Perfluorocarbon family of gases (PFCs);
- Sulfur hexafluoride (SF6), and;
- Nitrogen trifluoride (NF3).
Nitrogen trifluoride (NF3) is now considered a potent contributor to climate change and is therefore mandated to be included in national inventories under the UNFCCC. NF3 should also be included in GHG inventories under the GHG Protocol Corporate Standard, and the GHG Protocol Corporate Value Chain (Scope 3) Standard.
(C-TO7.8) Provide primary intensity metrics that are appropriate to your indirect emissions in Scope 3 Category 11: Use of sold products from transport.
Change from 2019
No change
Rationale
Intensity metrics can help investors and data users compare the performance of your products with others with a similar purpose, as well as with policy and market trends
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Activity
|
Emissions intensity figure
|
Metric numerator (Scope 3 emissions: use of sold products) in Metric tons CO2e
|
Metric denominator
|
Metric denominator: Unit total
|
Select from: Drop-down options determined by transport modes selected in C-TO0.7/C-TS0.7
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 10 decimal places and no commas]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
|
Select from: LDV
HDV
Rail
Aviation
Marine
- p.km
- t.km
- p.mile
- t.mile
- p.nautical mile
- t.nautical mile
|
Numerical field [enter a number from 0-999,999,999,999,999 using a maximum of 6 decimal places and no commas]
|
[Add Row]
% change from previous year | Vehicle unit sales in reporting year | Vehicle lifetime in years | Annual distance in km or miles (unit specified by column 4) | Load factor | Please explain the changes, and relevant standards/methodologies used |
---|
Percentage field [enter a percentage from -999 - 999 using a maximum of 2 decimal places]
| Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
| Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
| Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
| Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
| Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- This question requests primary intensity metrics that give an indication of the emissions performance of units sold by the transport OEM, normalized by units of transport and distance.
- The metrics required in this question are all in the format of tons of CO2e, per unit of transport (passenger or ton), per unit of distance (kilometer or mile). Please see the Technical Note on “Measuring the emissions intensity of transport movements” for more information and guidance on the measurement of these indicators.
- This emissions intensity metric is requested as an average for the total fleet of vehicles of a particular class sold by the responding OEM.
- For example, for an automobile manufacturer, this metric represents the average CO2e emitted by cars produced in the reporting year, per passenger, per kilometer travelled. This can be calculated from the average CO2e per vehicle kilometer metric by adding in a load factor for the average expected number of passengers.
- The question is made up of 11 fields for each transport mode, whereby an intensity figure is requested, its numerator and denominator, as well as the input parameters and assumptions used to calculate this. This provides data users with the possibility to compare methods and gain an insight in the assumptions that OEMs use.
- Any other metrics, such as intensity per vehicle instead of per passenger/ton, should not be reported here, but in question C-TO8.4.
Activity
- Select the activity that you would like to provide data for.
- Activity modes presented in drop-down options are determined by transport modes selected in response to C-TO0.7/C-TS0.7.
Emissions intensity figure (column 2)
- Report the intensity figure that corresponds with the activity in column 1.
- This is the direct emissions intensity figure, calculated using the numerator you are asked for in column 3, and the denominator reported in column 5 using the denominator units selected in column 4.
Metric numerator (Scope 3 emissions: use of sold products) in Metric tons CO2e (column 3)
- Provide the total emissions figure for the activity selected in column 1, in metric tons CO2e
- This figure is usually derived by multiplying the average emission per kilometer per vehicle by the total number of all vehicle units sold in reported year (column 7) by the average annual distance in kilometers expected for each vehicle (reported in column 9), and then multiplied by the average vehicle lifetime in years (reported in column 8).
Metric denominator (column 4)
- Select the relevant metric denominator:
- p.km – passenger-kilometers
- t.km – ton-kilometers
- p.mile – passenger-miles
- t.mile - ton-miles
- p.nautical mile – passenger-nautical miles
- t.nautical mile – ton-nautical miles
- You are expected to provide data separately for vehicles intended for passenger and freight modes of transport, respectively. You may choose to add more rows to split up your intensity metric by vehicle subclasses. In this case, please give a brief description of the class boundary you use in column 11.
- You are only asked to report on the metric that is most significant for the vehicle types that you are selling. For example, if you produce and market passenger automobiles, then it is expected these are intended for passenger transport, thus a freight intensity figure in t.km would not be meaningful.
Metric denominator: Unit total (column 5)
- Enter the numerical value of the denominator selected in column 4, which should be derived by multiplying the number of vehicles sold (column 7) by total lifetime distance in km or miles (column 8 and 9) by the load factor (reported in column 10)
% change from previous year (column 6)
- If you have experienced no change, please enter 0 (zero) in this column.
- Leave the column blank if you do not have sufficient data to calculate the change from the previous year, or if this is the first year you have tracked this metric
- Putting in zero would suggest that you have compared your emissions to the 12-month period prior, and that they were equal to zero.
Vehicle unit sales in reporting year (column 7)
- Report the total vehicle unit sales for the vehicles that fall into the category selected in column 1, which you have used for the calculation of this metric.
Vehicle lifetime in years (column 8)
- Report the average vehicle lifetime assumption used to calculate the total ton of passenger-kilometers.
Annual distance in km (column 9)
- Report the average annual travel distance assumption for a vehicle sold.
Load factor (column 10)
- For OEMs, to calculate this metric an assumption will have to be made on the load factor.
- This is a free text field, as companies are invited to explain more about their load factor assumptions.
- For data on passenger-kilometers, companies are asked to report the number of passengers expected per average trip. For light duty vehicles, this is expected to be between 1 and 2 passengers, depending on geography and weighted sales of vehicle classes.
- As the load factor can be an assumption (as companies may not have actual data), it is acceptable to use default factors from other sources. OEMs who do not have data or default factors to make any reasonable assumption on the freight load factor of their vehicles, or whose range may be too diverse to make such an assumption, are invited to report the average maximum load in tons for all vehicles sold in the reporting year.
- Companies may choose to report multiple rows of data for different vehicle classes, whereby the load factor in tons or number of passengers will be the primary differentiator.
Please explain the changes, and relevant standards/methodologies used (column 11)
- Explain any changes in primary intensity metrics compared to previous year, reported in column 6.
- If you used any relevant existing standards and/or methodologies to calculate your emission intensities, mention them here.
- You may use this text field to provide any additional explanation relevant to capture the calculation methodology and other important notes and caveats that exist in your calculation of this metric.
Explanation of terms
- Metric tons of CO2-equivalent (tCO2e): a metric that allows for other Greenhouse Gases (GHGs) to be expressed in relation to CO2 based on their Global Warming Potentials (GWPs). A metric ton is 1000 kg, equivalent to 2204.62 lbs.
- Primary intensity metric: This transport-specific intensity metric allows for the direct comparison of vehicle performance to climate-related scenarios. These metrics measure the efficiency of transportation based on the actual work being done. The amount of work done comprises the goods and/or passengers moved and the effective distance that these goods/passengers are moved, from origin to destination. For the organization, the efficiency of total work done is determined by combining the total of transported units and the distance driven with these units. The standard unit is metric ton of CO2e per ton-kilometer or passenger-kilometer.
- Passenger-kilometer (p.km): a unit of measurement which represents the transportation of one passenger by a defined mode of transport over a distance of one kilometer.
- Passenger-mile (p.mile): a unit of measurement which represents the transportation of one passenger by a defined mode of transport over a distance of one mile.
- Passenger-nautical mile (p.nautical mile): a unit of measurement which represents the transportation of one passenger by a defined mode of transport over a distance of one nautical mile.
- Ton-kilometer (t.km): a unit of measurement which represents the transportation of one metric ton of goods (including packaging and tare weights of intermodal transport units), by a given transport mode over a distance of one kilometer.
- Ton-mile (t.mile): a unit of measurement which represents the transportation of one metric ton of goods (including packaging and tare weights of intermodal transport units), by a given transport mode over a distance of one mile.
- Ton-nautical mile (t.nautical mile): a unit of measurement which represents the transportation of one metric ton of goods (including packaging and tare weights of intermodal transport units), by a given transport mode over a distance of one nautical mile.
Example response
Worked example for calculating primary intensity metrics
The example company is an automobile manufacturer which has annual sales of 2,653,900 vehicles in the reporting year (column 7). These units are categorized in the LDV category of this questionnaire (column 1). The company does not produce a significant number of vehicles in any of the other 4 categories. The expected lifetime of vehicles is 10 years (column 8) and annual kilometers expected for each vehicle are 15,000 km (column 9). The average emissions per kilometer, which is a figure established as part of the vehicle certification, are 147 gCO2e/v.km (or 0.000147 tCO2e/v.km). The example company has established using research that 1.4 passengers is the average passenger figure for the territories in which it sells cars (column 10).
To get the emission intensity metric (column 2), a load factor must be applied that adjusts for the average number of passengers in the vehicle during its lifetime, which gives a final intensity figure of 0.000147 /1.4 = 0.000105 gCO2e/p.km. This represents a reduction of 1.2% compared to last year (reported in column 11).
In this case, the actual Scope 3 category 11 emissions (metric nominator) and passenger-kilometers (metric denominator) are not needed for the calculation of the emission intensity metric, but they are nevertheless requested here for transparency. To calculate their Scope 3 emissions in category 11, use of sold products, (column 3) the company multiplies the average emissions per vehicle-kilometer by the total number of all vehicle units sold in the reporting year (column 7) by the average annual distance in kilometers expected for each vehicle (column 9), and then multiplied by the average vehicle lifetime in years (column 8):
0.000147 tCO2e/v.km x 2,653,900 vehicles x 15,000 km x 10 years = 58,518,495 tCO2e.
Metric denominator (column 4), is derived by multiplying the number of vehicles sold (column 7) by total lifetime distance in km (column 8 and 9) by the load factor (reported in column 10): 2,653,900 x 10 x 15,000 x 1.4 = 557,319,000,000 p.km
Please see in the tables below how this information should be presented in the question C-TO7.8.
Activity
|
Emissions intensity figure
|
Metric numerator (Scope 3 emissions: use of sold products) in Metric tons CO2e
|
Metric denominator
|
Metric denominator: Unit total
|
LDV
|
0.000105
|
58,518,495
|
p.km
|
557,319,000,000
|
% change from previous year
|
Vehicle unit sales in reporting year
|
Vehicle lifetime in years
|
Annual distance in km or miles (unit specified by column 4)
|
Load factor
|
Please explain the changes, and relevant standards/methodologies used
|
-1.2%
|
2,653,900
|
10
|
15,000
|
1.4
|
We have had a reduction of 1.2% in emission intensity compared to last year due to replacement of an old vehicle model with a new and more efficient version. We established using research from the European Environment Agency that 1.4 passengers is the average passenger figure for the territories in which we sell cars.
|
Emissions performance
(C7.9) How do your gross global emissions (Scope 1 and 2 combined) for the reporting year compare to those of the previous reporting year?
Change from 2019
No change
Rationale
Investors and data users are interested in understanding whether companies are successfully reducing their emissions year over year.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Goal 12: Responsible consumption and production
Goal 13: Climate action
Response options
Select one of the following options:
- Increased
- Decreased
- Remained the same overall
- This is our first year of reporting, so we cannot compare to last year
- We don’t have any emissions data
Requested content
General
- This question requires you to select the option from the drop-down menu that best describes how your combined Scope 1 and 2 emissions have changed compared with the previous year.
- The change in emissions can be calculated using the following formula:
Total gross Scope 1+2 emissions for the current reporting year – previous year’s total gross Scope 1+2 emissions = total change in emissions
- If the resulting figure is negative, then your company’s overall emissions decreased compared to the previous year. If the resulting figure is positive, overall emissions have increased compared to the previous year. If the resulting figure is equal to zero, overall emissions have not changed compared to the previous year.
- In this context your Scope 1 emissions are the figure supplied in response to question C6.1, and your Scope 2 emissions are the figure supplied in response to question C6.3.
- If the previous year’s figures have been restated, please refer to CDP’s Technical Note on “Restatements” on whether to use the emissions figures originally reported to CDP or the restated figures for the calculation. The previous year compared should apply to the 12-month period directly prior to the reporting period, even if it does not completely overlap with the period previously reported to CDP.
(C7.9a) Identify the reasons for any change in your gross global emissions (Scope 1 and 2 combined), and for each of them specify how your emissions compare to the previous year.
Question dependencies
This question only appears if you select “Increased”, “Decreased” or “Remained the same overall” in response to C7.9.
Change from 2019
No change
Rationale
When investigating how year-on-year gross global emissions (Scope 1 + 2 combined) have changed, CDP and its investors are interested in changes at a granular level; thus allowing CDP’s data users to gain an insight into factors than have contributed to these changes.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Response options
Please complete the following table:
Reason
|
Change in emissions (metric tons CO2e)
|
Direction of change
|
Emissions value (percentage)
|
Please explain calculation
|
Change in renewable energy consumption
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places and no commas]
|
Select from:
- Increased
- Decreased
- No change
|
Numerical field [enter a number from 0-999 using a maximum of 2 decimal places and no commas]
|
Text field [maximum 2,400 characters]
|
Other emissions reduction activities
|
|
|
|
|
Divestment
|
|
|
|
|
Acquisitions
|
|
|
|
|
Mergers
|
|
|
|
|
Change in output
|
|
|
|
|
Change in methodology
|
|
|
|
|
Change in boundary
|
|
|
|
|
Change in physical operating conditions
|
|
|
|
|
Unidentified
|
|
|
|
|
Other
|
|
|
|
|
Requested content
General
- Categorize the changes that have occurred in your gross global emissions. You are asked to break down all the different factors that have influenced any overall change in Scope 1+2 emissions; whether increasing or decreasing factors.
- Break down each applicable factor, describe each in a separate row, and provide the value for the change in overall emissions that is attributed to each of the factors.
- Even if companies have experienced no change overall or an increase in absolute emissions for Scopes 1 and 2, companies should still disclose reduction activities.
- In the unlikely event that companies have genuinely not experienced any change in any of the categories, they should complete the row “Other”, specifying “No change” in the text box provided and then enter 0 in column 2 ‘Emissions value (percentage)’.
- Emissions reduction activities could arise from a number of different sources, including reductions in energy consumption or lower emission equipment/processes. If your emissions have changed compared to the previous reporting year due to several emissions reduction activities, you should aggregate the emissions change that occurred due to these activities and provide this information in row 2 in C7.9a.
Reason (column 1)
- This column is fixed; however, if a row does not apply to you, for example, your company did not experience any mergers or acquisitions during the reporting year, leave that row blank.
- Further details on each of the options are provided below:
- Change in renewable energy consumption (row 2)
- Report the change in your organization's emissions because of the consumption of self-generated or purchased renewable energy.
- In cases where you have renewable energy, you may include this on the provision that you have accounted for those renewable energy purchases in your market-based Scope 2 figure reported in C6.3 and the purchases reported here were additional purchases in the reporting year. Please refer to the Example 3 in C4.3b for the clarification of how to account for low carbon purchases as an emissions reduction activity.
- Due to the change in accounting practices around Scope 2 with the addition of Scope 2 market-based emissions and low-carbon energy, companies may see their Scope 2 emissions decrease. Any change in Scope 2 emissions due to the change in accounting method from Scope 2 location-based to Scope 2 market-based should not be reported here, but rather under “Change in methodology” (see below).
- CDP requires disclosure of gross emissions. Gross means total emissions before any deductions or other adjustments are made to take account of offset credits, avoided emissions from the use of goods and services, and/or reductions attributable to the sequestration or transfer of GHGs.
- Other emissions reduction activities (row 3)
- This refers to changes in emissions that have occurred because of proactive emissions reduction initiatives or activities, for example those listed in question C4.3b, other than those caused by a change in renewable energy consumption (which should be reported in the row ‘Change in renewable energy consumption’).
- Divestment (row 4)
- This refers to changes that occur as a result of selling off certain aspects of the businesses.
- Acquisitions (row 5)
- This refers to changes that occur as a result of purchasing or obtaining another company/subsidiary/facility.
- Mergers (row 6)
- This refers to changes that occur as a result of business mergers.
- Change in output (row 7)
- This refers to changes that occur as a result of changes (increases or decreases) in your business output (i.e. a product or service); this could be, for example, organic growth, purchase of additional facilities due to business expansion, declines in sales due to a global recession, or release of a new product.
- Change in methodology (row 8)
- This refers to changes that occur due to modifications in the way that the inventory is calculated, for example, changes in emissions factors used or changes in methodology protocol followed.
- Companies that have amended their Scope 2 emissions figure as a result of the changes in Scope 2 accounting practices for low carbon energy should report this here.
- Change in boundary (row 9)
- This refers to changes in the boundary used for your inventory calculation, i.e. changing from financial control to operational control. This option could also apply if you have incorporated facilities into your inventory that were excluded in previous years.
- Change in physical operating conditions (row 10)
- This refers to changes in weather that have a significant influence on how the company operates, but that cannot be accounted for under the other options available, e.g. increase production of hydroelectricity because of increased rainfall.
- Unidentified (row 11)
- Complete this row if you are not able to identify the reason for the change in emissions from year to year.
- Other (row 12)
- Complete this row if there is an alternative reason(s) for the change. Where you have used this option, please provide details of the reason(s) for the change in the ‘Please explain’ column.
Direction of change (column 3)
- Enter the direction of change of gross global (Scope 1 + Scope 2) emissions due to the reason specified, i.e. increased; decreased, or; No change.
Emissions value (percentage) (column 4)
- Enter the change in emissions attributed to the reason (factor) provided in column 1 as a percentage of the Scope 1 and 2 combined emissions. This value should not be greater than 999 and should not have more than two decimal places. There is no need to enter the % symbol, and direction of change will be indicated in column 3. This value should be calculated as follows:
Please explain calculation (column 5)
- Report the figures used in the calculation for the figure in the ‘emissions value %’ column. Refer to Example responses for further guidance.
- Using no more than 2,400 characters you may also use this text box to provide any additional explanation that is relevant to capture the full complexity of the emissions changes.
Note for electric utility sectors
- Variations in emissions may be attributable to changes in capacity (that translated into changes in output), plant outages (which can also translate into changes in output) and weather events (changes in physical operating conditions). If so, this should be included in your answer to C7.9a.
- You can specify the specific drivers (e.g. changes in output due to the utilization of additional capacity coming in operation) in the comment box.
Example response
Worked example of reporting change in emissions
Example 1: The gross global emissions (Scope 1 + 2) of company X for this reporting year are 208 metric tons of CO2e. Its gross global emissions for the previous reporting year were 200 metric tons of CO2e. This means that the total change in emissions is 8 metric tons of CO2e, equal to a 4% increase, according to the formula in the explanation of terms, above: (8/200) * 100 = 4%.
The change from 200 to 208 metric tonnes is attributed to two reasons: 1) an increase in 12 metric tonnes of CO2e emissions due to increased production (i.e. a change in output); and 2) an estimated reduction of 4 metric tonnes of CO2e achieved due to emissions reduction activities.
The emissions value (percentage) for each of these two individual factors can also be calculated using the same formula described in the guidance, above. In this example, the percentage change in emissions due to increased production is: (12/200) * 100 = 6%. This represents a 6% increase in emissions due to increased production.
The percentage change in emissions due to emissions reduction activities: (-4/200) * 100 = -2%. This represents a 2% decrease in emissions due to emissions reduction activities.
This company should respond in the following way to questions C7.9 and C7.9a:
(C7.9) How do your gross global emissions (Scope 1 and 2 combined) for the reporting year compare to those of the previous reporting year?
Increased
(C7.9a) Identify the reasons for any change in your gross global emissions (Scope 1 and 2 combined) and for each of them specify how your emissions compare to the previous year.
Reason
|
Change in emissions (metric tons CO2e)
|
Direction of change
|
Emissions value (percentage)
|
Please explain calculation
|
Other emissions
reduction activities
|
4
|
Decreased
|
2
|
Due to ‘other
emissions reduction activities’ implemented during the year, despite an
increase in production, emissions have not grown as high as could be expected.
Last year 4 tons of CO
2e were reduced by our emissions reduction projects, and
our total Scope 1 and Scope 2 emissions in the previous year was 200 tCO
2e,
therefore we arrived at -2% through (-4/200) * 100= -2% (i.e. a 2% decrease in
emissions).
|
Change in output
|
12
|
Increased
|
6
|
If no measures had
been introduced, increased demand leading to increase output would have
generated an extra 6% more of emissions.
|
Example 2: Companies may be used to seeing emissions information presented graphically where reductions appear below the horizontal axis. The tables below the graph shows how this data can be used to complete question C7.9a.
|
2016 gross global emissions
|
What happened during the reporting year
|
2017 gross global emissions
|
Other emissions reduction activities
|
Acquisitions
|
Change in boundary
|
Other
|
Emissions value (percentage)
|
|
-11
|
10
|
2
|
-5
|
-4
|
Tons CO2e
|
210573
|
-23163
|
21057.3
|
4211.5
|
-10542.8
|
202136
|
(C7.9a) Identify the reasons for any change in your gross
global emissions (Scope 1 and 2 combined) and for each of them specify how your
emissions compare to the previous year.
Reason
|
Change in emissions (metric tons CO2e)
|
Direction of change
|
Emissions value (percentage)
|
Please explain calculation
|
Other emissions reduction activities
|
23163
|
Decreased
|
11
|
Gross Scope 1+2 emissions decreased by 11%, due
to energy efficiency activities undertaken. We have achieved energy consumption
reductions of 14% in New Zealand, 9% in Australia and 8% in USA. These are due
to energy efficiency measurements in all our main buildings, which have
obtained maximum GreenStar certification, a tri-generation plant which
increased the efficiency of our largest data center, and improved metering and
monitoring of energy consumption. All have led to an overall reduction of
energy consumption across our offices. Changes due to variation of emission
factors associated with the grid mix have also contributed to a decrease of
emissions, although that is not considered here. Through these activities we
reduced our emissions by 23163 tons CO
2e, and our total S1 and S2 emissions in
the previous year was 210573 tons CO
2e, therefore we arrived at -11% through
(-23163/210573) * 100 = -11% (i.e. an 11% decrease in emissions).
|
Acquisitions
|
21057.3
|
Increased
|
10
|
In the United States, the acquisition of a major
business competitor resulted in a circa 36% increase of the emissions in the
USA and a 10% increase of our gross global emissions. This is mainly the result
of additional buildings being included as new sources of GHG emissions.
|
Change in boundary
|
4211.5
|
Increased
|
2
|
Emissions increased by 2% due to the inclusion
of additional inventory items for our minority positions in Asia. As an example
the Hong Kong office reported for the first time the emissions due to vehicle
fleet and business travel.
|
Other
|
10542.8
|
Decreased
|
5
|
Scope 1 emissions for our USA operations
decreased 25% compared to previous year inventory. This is equivalent to a
decrease of 3100 tons CO
2e. This decrease is due to the new gas powered
tri-generation plant, substituting previous fuel oil boiler. This and other
changes cumulated in a decrease of 10542.8 tons CO
2e, therefore we arrived at
-5% through (-10542.8/210573) * 100 = -5% (i.e. an 5% decrease in emissions).
|
(C7.9b) Are your emissions performance calculations in C7.9 and C7.9a based on a location-based Scope 2 emissions figure or a market-based Scope 2 emissions figure?
Question dependencies
This question only appears if you select “Increased”, “Decreased” or “Remained the same overall” in response to C7.9.
Change from 2019
No change
Rationale
This question provides more transparency on how your organization’s emissions performance figures are derived.
Response options
Select one of the following options:
- Location-based
- Market-based
- Don’t know
Requested content
General
- In alignment with the GHG Protocol Scope 2 Guidance, companies are only required to compare their Scope 2 emissions for either their location-based or market-based figure, but are required to be transparent about which figure they use.
- You should only select one option, as your market-based figure may inherently be a combination of location-based and market-based calculations if you have operations in regions where there are contractual instruments, and other operations in regions where there are not contractual instruments.
(C-CG7.10) How do your total Scope 3 emissions for the reporting year compare to those of the previous reporting year?
Change from 2019
New question
Rationale
Indirect emissions in the value chain are key for this sector. Data users are therefore interested in understanding whether companies are successfully reducing their Scope 3 emissions year on year.
Response options
Select one of the following options:
- Increased
- Decreased
- Remained the same overall
- This is our first year of reporting
- We don't have any Scope 3 emissions data
Requested content
General
- Select the option that best describes how your total Scope 3 emissions have changed compared with the previous year.
- In this context, your total Scope 3 emissions are the sum of emissions reported in all Scope 3 categories in C6.5.
- If your total Scope 3 emissions have increased because this year you have calculated additional Scope 3 categories, please select “Increased” and you will have the opportunity to provide further details in the following question.
(C-CG7.10a) For each Scope 3 category calculated in C6.5, specify how your emissions compare to the previous year and identify the reason for any change.
Change from 2019
New question
Question dependencies
This question only appears if you select “Increased”, “Decreased”, or “Remained the same overall” in response to C-CG7.10.
Rationale
This question asks how emissions from specific Scope 3 categories have changed. This level of granularity allows data users to gain insight into the factors that have contributed to these changes.
Response options
Please complete the following table. Only the sources of Scope 3 emissions selected as “Relevant, calculated” or “Not relevant, calculated” in C6.5 will appear in column 1.
Scope 3 category
|
Direction of change
|
Primary reason for change
|
Change in emissions in this category (metric tons CO2e)
|
% change in emissions in this category
|
Please explain
|
Purchased goods and services
|
Select from:
- Increased
- Decreased
- No change
- First year of reporting this category
|
Select from:
- Change in renewable energy consumption
- Change in renewable energy generation
- Change in product efficiency
- Change in material efficiency
- Change in supplier or distributor
- Other emissions reduction activities
- Divestment
- Acquisitions
- Mergers
- Change in output
- Change in methodology
- Change in boundary
- Change in physical operating conditions
- Unidentified
- Other, please specify
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places and no commas]
|
Numerical field [enter a number from 0-999 using a maximum of 2 decimal places and no commas]
|
Text field [maximum 2,400 characters]
|
Capital goods
|
|
|
|
|
|
Fuel and energy-related activities (not included in Scopes 1 or 2)
|
|
|
|
|
|
Upstream transportation and distribution
|
|
|
|
|
|
Waste generated in operations
|
|
|
|
|
|
Business travel
|
|
|
|
|
|
Employee commuting
|
|
|
|
|
|
Upstream leased assets
|
|
|
|
|
|
Downstream transportation and distribution
|
|
|
|
|
|
Processing of sold products
|
|
|
|
|
|
Use of sold products
|
|
|
|
|
|
End-of-life treatment of sold products
|
|
|
|
|
|
Downstream leased assets
|
|
|
|
|
|
Franchises
|
|
|
|
|
|
Investments
|
|
|
|
|
|
Other (upstream)
|
|
|
|
|
|
Other (downstream)
|
|
|
|
|
|
Requested content
General
- You are asked to break down changes in Scope 3 emissions by each category calculated in C6.5, even if you have experienced no change in your total Scope 3 emissions.
- You should report the changes in emissions in the reporting year compared to the previous year.
- In the event that your emissions have not changed for a particular category, select “No change” in column 2 and explain why not in the “Please explain” column.
- Note that CDP requires disclosure of gross emissions. Gross means total emissions before any deductions or adjustments are made to account for offset credits, avoided emissions from the use of goods and services, and/or reductions attributable to the sequestration or transfer of GHGs.
Scope 3 category (column 1)
- This column is driven by your selections in C6.5 – only the categories for which you calculated your emissions will appear.
Primary reason for change (column 3)
- Select the primary reason for the change in emissions in each relevant Scope 3 category from the drop-down options provided (i.e. the factor which contributed to the largest change in emissions in that category).
- Further details on each of the options are provided below:
- Change in renewable energy consumption: Any change in your Scope 3 emissions because of renewable energy consumption in your value chain.
- Change in renewable energy generation: Any change in your Scope 3 emissions because of renewable energy generation in your value chain.
- Change in product efficiency: Any change in your Scope 3 emissions because of changes to the efficiency of your product or service when in use.
- Change in material efficiency: Any change in your Scope 3 emissions because of changes to the raw materials used in your products or services.
- Change in supplier or distributor: Any change in your Scope 3 emissions because of changes to your procurement and distribution policies.
- Other emissions reduction activities: This refers to changes in Scope 3 emissions that have occurred because of proactive emissions reduction initiatives within your value chain, other than those stated above.
- Divestment: This refers to changes in Scope 3 emissions that occur as a result of selling off certain aspects of the businesses.
- Acquisitions: This refers to changes in Scope 3 emissions that occur as a result of purchasing or obtaining another company/subsidiary/facility.
- Mergers: This refers to changes in Scope 3 that occur as a result of business mergers.
- Change in output: This refers to changes in Scope 3 emissions that occur as a result of increases or decreases in your business output (i.e. products or services). E.g. organic growth, declines in sales due to a global recession, or release of a new product.
- Change in methodology: This refers to changes in Scope 3 emissions that occur due to modifications in the way that the inventory is calculated. E.g. changes in emissions factors used or changes in the methodology protocol followed.
- Change in boundary: This refers to changes in the reporting boundary used for your inventory calculation, i.e. changing from financial control to operational control. This option could also apply if you have incorporated facilities into your inventory that were excluded in previous years.
- Change in physical operating conditions: This refers to changes in weather that have a significant influence on how your value chain operates, but that cannot be accounted for under the other options available. E.g. increased production of hydroelectricity because of increased rainfall.
- Unidentified: Select this option if you are not able to identify the primary reason for the change in your Scope 3 emissions from the previous year.
- Other, please specify: If there is an alternative reason for the change in Scope 3 emissions, select this option and state the reason.
Change in emissions in this category (metric tons CO2e) (column 4)
- Enter the change in emissions in this Scope 3 category when compared with the previous year.
% change in emissions in this category (column 5)
- Enter the change in emissions in this category (i.e. the figure reported in column 4) as a percentage of the total Scope 3 emissions in this category in the previous year.
- This value should be calculated using the following formula:
Please explain (column 6)
- Use this column to provide any additional context to your changes in Scope 3 emissions, such as any strategies or policies you have implemented which have resulted in the change in emissions.
- If any reasons contributed to the change in emissions in addition to the primary reason selected in column 3, you may also specify this here.
C8 Energy
Module Overview
Energy related activities represent, for many sectors, the most significant GHG emission sources. This module provides transparency on the consumption and generation of energy by organizations.
Accurate emissions accounting depends on a comprehensive account of energy. It is expected that organizations have already collected the necessary energy data for the disclosure of emissions in previous modules. Unless otherwise stated in the question-specific guidance, energy generation data requested in this module is in alignment with Scope 1 emissions sources i.e. from generating units owned or controlled by the organization. The requested data on purchased or acquired energy is in alignment with Scope 2 emissions reporting.
Key changes
- Two 2019 questions merged: C8.2d has been merged into C8.2c.
- Modified question: C8.2e (2019 C8.2f) – list of low-carbon energy sourcing methods revised (column 1), list of low-carbon technology types revised (column 2), full country and region list added (column 3), request to report emissions factors removed (2019 column 5).
- Modified guidance: C8.2d (2019 C8.2e) – for reporting self-generated renewable electricity.
- Click here for a list of all changes made this year.
For the capital goods sector only:
- Two new questions: C-CG8.5 and C-CG8.5a on efficiency metrics.
For the chemicals sector only:
- New question: C-CH8.3 on consumption of fuels as feedstocks for chemical production activities.
For the electric utilities sector only:
- Two questions removed: C8.2d (2019 C8.2e) and C8.2e (2019 C8.2f).
- Modified question: C-EU8.4a to allow reporting both Scope 1 and Scope 2 emissions from transmission and distribution losses.
For the financial services sector only:
- Four questions removed: C8.2b, C8.2c, C8.2d (2019 C8.2e) , and C8.2e (2019 C8.2f).
Sector-specific content
Additional questions on energy-related activities for the following high-impact sectors:
- Capital goods
- Cement
- Chemicals
- Electric utilities
- Metals & mining
- Steel
- Transport original equipment manufacturers (OEMs)
- Transport services
Pathway diagram - questions
This diagram shows the general questions contained in module C8. To access question-level guidance, use the menu on the left to navigate to the question.
Pathway diagram - questions for minimum version questionnaire
This diagram shows the questions contained in module C8 that are included in the minimum version of the questionnaire. To access question-level guidance, use the menu on the left to navigate to the question.
Energy spend
(C8.1) What percentage of your total operational spend in the reporting year was on energy?
Change from 2019
No change
Rationale
The aim of this question is to identify the degree to which your organization’s activities are sensitive to energy costs and energy supply.
Response options
Select one of the following options:
- 0%
- More than 0% but less than or equal to 5%
- More than 5% but less than or equal to 10%
- More than 10% but less than or equal to 15%
- More than 15% but less than or equal to 20%
- More than 20% but less than or equal to 25%
- More than 25% but less than or equal to 30%
- More than 30% but less than or equal to 35%
- More than 35% but less than or equal to 40%
- More than 40% but less than or equal to 45%
- More than 45% but less than or equal to 50%
- More than 50% but less than or equal to 55%
- More than 55% but less than or equal to 60%
- More than 60% but less than or equal to 65%
- More than 65% but less than or equal to 70%
- More than 70% but less than or equal to 75%
- More than 75% but less than or equal to 80%
- More than 80% but less than or equal to 85%
- More than 85% but less than or equal to 90%
- More than 90% but less than or equal to 95%
- More than 95% but less than or equal to 100%
- Don’t know
Requested content
General
- Ensure that the boundary used for calculating your operational spend is the same as that for your energy spend (i.e. it includes the same facilities, geographies, etc.).
- “Operational spend” should exclude extraordinary expenses such as gains or losses on the sale of assets. The calculation should also exclude the cost of interest or taxes on profits.
Explanation of terms
- Operational spend: Operational spend should be the sum of the costs for the following two types of costs to the business:
- Cost of goods sold (also known as 'direct costs'): This generally refers to the raw material, energy and labor costs directly identified in the cost of the end product. These costs fluctuate and vary depending on the number or volume of goods sold.
- Operating costs (also known as 'indirect costs' or 'overheads'): This generally refers to the essential expenses incurred in order to maintain the business including wages, rent, transport, energy (electricity, fuel, etc.), maintenance, and so on. These expenses cannot be attributed to the manufacture of a particular job or the provision of a particular service - they are standard costs that apply regardless of the volume of goods produced.
Energy-related activities
(C8.2) Select which energy-related activities your organization has undertaken.
Question dependencies
The energy-related activities that you select in response to C8.2 determine which energy breakdowns you will be prompted to respond to in the proceeding questions. Please note, if your response to C8.2 is amended, data in dependent questions may be erased.
Change from 2019
Minor change
Rationale
This question provides data users with information on the organization’s consumption of energy forms relating to Scope 1 and Scope 2 emissions, and transparency on the generation of energy.
Response options
Please complete the following table:
Activity
|
Indicate whether your organization undertook this energy-related activity in the reporting year
|
Consumption of fuel (excluding feedstocks)
|
Select from:
|
Consumption of purchased or acquired electricity
|
|
Consumption of purchased or acquired heat
|
|
Consumption of purchased or acquired steam
|
|
Consumption of purchased or acquired cooling
|
|
Generation of electricity, heat, steam, or cooling
|
|
Requested content
Consumption of fuel (excluding feedstocks) (Row 1)
- You should select ‘Yes’ in row 1 ‘Consumption of fuel (excluding feedstocks)’ if fuel was consumed inside your organizational boundary in the reporting year. All fuels accounted for in the calculation of Scope 1 emissions (C6.1) and fuels accounted for in the calculation of emissions from biogenic carbon (C6.7a) are included. Consumption of nuclear fuel is not included.
Consumption of purchased or acquired electricity heat, steam and/or cooling (Rows 2-5)
- You should select ‘Yes’ in rows 2-5 according to whether your organization has consumed electricity, heat, steam, and/or cooling that was purchased or acquired, i.e. brought into the organizational boundary. This excludes consumption of electricity, heat, steam or cooling that was produced by the organization, i.e. from inside the organizational boundary. It also excludes purchased or acquired electricity, heat, steam or cooling that is not consumed inside the organizational boundary.
- Purchased or acquired electricity, heat, steam or cooling that is wasted should still be counted as consumption.
- The activities of rows 2-5 are aligned with the boundary for Scope 2 emissions.
Generation of electricity, heat, steam, or cooling (Row 6)
- You should select ‘Yes’ in row 6 if your organization generated electricity, heat, steam, or cooling in the reporting year, regardless of whether this generation was consumed, exported, or wasted.
Note for RE100 members
- RE100 members have the option of uploading their completed RE100 Reporting Spreadsheet in the Further Information section of this questionnaire, which is presented prior to signing off in Module 14.
Explanation of terms
- Excluding feedstocks: Fuels consumed as feedstocks are fuels that are not combusted for energy purposes. For example, naphtha and ethane are feedstocks that may be converted into petrochemical products such as ethylene, and should not be included. The steel industry is a special case because coke and fuel injectants consumed at the blast furnace serve as feedstocks and a source of energy. These fuels are considered feedstocks and should not be counted. However, all fuels consumed that are derived from fuel feedstocks, e.g. blast furnace gas, should be counted. Companies that consume fuel as feedstocks will have the opportunity to disclose these fuels in sector specific questions.
- Purchased or acquired electricity, steam, heat, cooling: Specific information on these energy carriers can be found in section 5.3.1 and Appendix A of the GHG Protocol Scope 2 Guidance. The terms ‘purchased’ and ‘acquired’ are used when your organization has received the energy from a third party. This rules out energy that is sourced from within the organizational/sector boundary. It should be noted that purchased or acquired heat does not include the heat content, or calorific value, of fuels that are purchased or acquired by the organization. This is accounted for at the point of fuel consumption, which falls inside the Scope 1 boundary. You should also be aware that steam, heat or cooling received via direct line as ‘waste’ from an industrial process, should still be accounted for if it is consumed.
(C8.2a) Report your organization’s energy consumption totals (excluding feedstocks) in MWh.
Question dependencies
This question only appears if you select “Yes” to any of the activities listed in C8.2. A row will appear in this table for each energy-related activity selected in C8.2. The "Total energy consumption" row will always appear.
Change from 2019
Minor change
Rationale
Given the importance of energy consumption in emissions accounting, this question attempts to provide transparency to data users on the consumption of energy by the organization. The question provides the opportunity for organizations to disclose their total energy consumption and distinguish renewable and non-renewable forms of energy.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Goal 12: Responsible consumption and production
Goal 13: Climate action
Response options
Please complete the following table:
Activity
|
Heating value
|
MWh from renewable sources
|
MWh from non-renewable sources
|
Total (renewable + non-renewable) MWh
|
Consumption of fuel (excluding feedstock)
|
Select from:
- LHV
(lower heating value)
- HHV (higher heating value)
- Unable to confirm heating value
|
Numerical field [enter a number from 0 to 9,999,999,999 using up to 2 decimal places and no commas]
|
Numerical field [enter a number from 0 to 9,999,999,999 using up to 2 decimal places and no commas]
|
Numerical field [enter a number from 0 to 9,999,999,999 using up to 2 decimal places and no commas]
|
Consumption of purchased or acquired electricity
|
N/A
|
|
|
|
Consumption of purchased or acquired heat
|
N/A
|
|
|
|
Consumption of purchased or acquired steam
|
N/A
|
|
|
|
Consumption of purchased or acquired cooling
|
N/A
|
|
|
|
Consumption of self-generated non-fuel renewable energy
|
N/A
|
|
N/A
|
|
Total energy consumption
|
N/A
|
|
|
|
Requested content
General
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- If you do not consume an energy carrier, then you should enter zero (0) in the relevant field.
- This table is for gross energy consumption data only. You should not provide net consumption nor deduct for energy produced or exported from the organizational boundary. Because feedstock fuels are excluded from this question, this approach should not lead to double counting.
- You should enter all energy data in Mega-Watt-hours (MWh). If your raw data is in energy units other than MWh, such as Giga-Joules (GJ) or British Thermal Units (Btu), then you should convert to MWh. For e.g., 1 Giga-Joule (GJ) = 0.277778 MWh, so if your data is in GJ then should multiply your data by 0.277778. If your data is in million Btu, then you need to multiply your data by 0.29307.
- Conversion factors from other energy units are available from a variety of online calculation tools, including from IEA and OnlineConversion.com, or from conversion tables such as those in EPA AP-42 (Annex A).
- If your raw data is in volume units, e.g. cubic feet or gallons, or in mass units, e.g. kilograms (kg) or pounds (lb), then you should convert to energy units using factors for fuel heating/calorific values. These are available from numerous sources, some of which are listed below:
- IPCC Guidelines for National GHG Inventories (Volume 2, Table 1.2, p1.18-1.19)
- EPA AP-42 (Annex A)
- IEA Statistics Manual (Annex 3, p180-183)
- API Compendium (Table 3-8, p3.20-3.21)
Activity (column 1)
- This column is driven by the activities for which you selected ‘Yes’ in response to C8.2.
Consumption of fuel (excluding feedstock)
- All fuel consumed for energy purposes inside the organizational boundary should be included, regardless of whether the fuel was purchased or produced by the organization. If a fuel is consumed as a feedstock for the production of another fuel, then the feedstock should not be included, but combustion of the produced fuel should be included. Ultimately, if a fuel is combusted, i.e. consumed for energy purposes and not as a feedstock, then it should be included (see ‘Explanation of terms’ for more detail).
- Consumption of renewable fuels should be accounted for here. This includes biomass (solid and liquid biofuels and biogas), biomass-derived wastes and renewably derived hydrogen.
- If you do not have exact consumption data, you may alternatively estimate your company’s consumption by reviewing fuel and energy purchasing orders.
Consumption of purchased or acquired electricity, heat, steam, cooling
- If your raw data for steam is in physical units, e.g. pounds (lb) or kilograms (kg), then you should convert to energy units. The energy content of steam varies with temperature and pressure. Organizations can refer to The Climate Registry’s General Reporting Protocol, Chapter 15, section 15.2, step 1, which explains how to calculate the energy content of steam.
- Cooling is frequently purchased in refrigeration-ton hours; 1 ton-hour is equal to 12,000 Btu, which is equal to 0.003516 MWh.
Consumption of self-generated non-fuel renewable energy
- If your organization produces renewable energy that is not based on fuel (such as solar, wind, hydro, geothermal, marine), then any consumption of this energy should be entered here.
- Consumption of renewable fuels (such as solid and liquid biofuels and biogas) should be excluded because these should be accounted for in the row “Consumption of fuel (excluding feedstock)”.
- All forms of non-fuel renewable energy - electricity, heat, steam, or cooling – shall be included.
Total energy consumption
- Enter the total energy consumption by your organization in this row, alongside total energy from renewable sources and non-renewable sources.
- The sum of renewable and non-renewable energy consumption should equal the total MWh entered in the last column.
- The data entered in each column of this row should also equal the sum of all the above rows (if the above rows have been fully disclosed for).
- If you do not disclose data for specific energy carriers in the rows above, but you are able to enter the total energy consumed by your organization, then you should do so.
Heating value (column 2)
- This column is only applicable to the consumption of fuels because it is a measure of combustion energy.
- Energy from fuel combustion can be measured by the higher heating value (HHV) or lower heating value (LHV) of the combusted fuel.
- Higher heating value (HHV) is also known as gross calorific value (GCV), and lower heating value (LHV) is also known as net calorific value (NCV). Typically, LHV/HHV ratio is 0.95 for solid and liquid hydrocarbon fuels, such as coal and oil, and 0.9 for gaseous hydrocarbon fuels, such as natural gas.
- Fuel energy data in HHV is typically used in the United States and Canada, whereas LHV is more commonly the unit used in other countries and by international bodies. If you do not know the unit applicable to your raw data, you may wish to infer it based on the location from which the data is sourced, i.e. if the fuel related data is sourced from outside of the United States and Canada, then it is likely that LHV is applicable.
MWh from renewable sources (column 3)
- Renewable energy is energy taken from sources that are inexhaustible such as wind, solar, hydropower, geothermal, biomass and marine (tidal and wave energy).
- Waste energy should not be included if it is derived from fossil fuels.
- Hydrogen should not be included if it is derived from fossil fuels.
- Blended fuels deriving from both renewable and non-renewable sources should be split by the proportion contained from each source. For municipal waste and refuse-derived fuel, only the fraction of the fuel that is derived from biomass can be included as renewable energy, when calculating renewable energy consumption totals. Further explanations of municipal waste and a glossary of fuel definitions is provided in the CDP Technical Note: “Fuel Definitions”.
MWh from non-renewable sources (column 4)
- All energy not identified as deriving from renewable sources should be entered, e.g. coal, oil, natural gas, etc.
- Direct consumption of nuclear fuel should not be included, as this is covered in more detail in questions for electric utilities. Consumption of purchased or acquired electricity, steam, heat and/or cooling from nuclear sources, however, should be included.
Total (renewable + non-renewable) MWh (column 5)
- Total MWh is equal to the sum of MWh from renewable sources (column 3) and MWh from non-renewable sources (column 4).If you have entered data in column 3 and column 4, then you should ensure that the sum of this data is equal to the data in column 5.
Explanation of terms
- Renewable energy: CDP follows the definition of renewable energy given in the GHG Protocol, i.e. “energy taken from sources that are inexhaustible, e.g. wind, water, solar, geothermal energy and biofuels.”
- Excluding feedstocks: Fuels consumed as feedstocks are fuels that are not combusted for energy purposes. For example, naphtha and ethane are feedstocks that may be converted into petrochemical products such as ethylene, and should not be included. The steel industry is a special case because coke and fuel injectants consumed at the blast furnace serve as feedstocks and a source of energy. These fuels are considered feedstocks and should not be counted. However, all fuels consumed for energy, i.e. combusted, that are derived from fuel feedstocks, e.g. blast furnace gas, should be counted. Companies that consume fuel as feedstocks will have the opportunity to disclose these fuels in sector specific questions.
- Heating Value: Lower heating value (LHV) and Higher heating value (HHV), also known as net calorific value (NCV) and gross calorific value (GCV) respectively, are different measures of heat energy released from fuel combustion. Figures measured in HHV are larger because HHV includes the latent heat of water vaporization from combustion, whereas LHV does not. The difference between LHV and HHV is related to the fuel’s hydrogen content.
- Purchased or acquired electricity, steam, heat, cooling: Specific information on these energy carriers can be found in section 5.3.1 and Appendix A of the GHG Protocol Scope 2 Guidance. The terms ‘purchased’ and ‘acquired’ are used when your organization has received the energy from a third party. This rules out energy that is sourced from within the organizational boundary. It should be noted that purchased or acquired heat does not include the heat content, or calorific value, of fuels that are purchased or acquired by the organization. This is accounted for at the point of fuel consumption, which falls inside the Scope 1 boundary. You should also be aware that steam, heat or cooling received via direct line as ‘waste’ from a third party’s industrial processes, should still be accounted for if it is consumed.
(C-CE8.2a)
Report your organization’s energy
consumption totals (excluding feedstocks) for cement production activities in
MWh.
Question dependencies
This question only appears if you select “Yes” to any of the activities listed in C8.2. A row will appear in this table for each energy-related activity selected in C8.2. The “Total energy consumption” row will always appear.
Change from 2019
No change
Rationale
Question C8.2a has been modified and represented here for the cement sector. This is to enable consistency of reporting across organizations with varying coverage over activities that may be separate from the cement sector or independent of the production activities defining the cement sector. Cement is also one of the most energy intensive sectors of industry, so it is important to represent the sector separately from outside activities.
Response options
Please complete the following table:
Activity
|
Heating value
|
Total MWh
|
Consumption of fuel (excluding feedstock)
|
Select from:
- LHV (lower heating value)
- HHV (higher heating value)
- Unable to confirm heating value
|
Numerical field [enter a number from 0-9,999,999,999 using a maximum of 2 decimal places]
|
Consumption of purchased or acquired electricity
|
N/A
|
|
Consumption of other purchased or acquired energy (heat, steam, and/or cooling)
|
N/A
|
|
Total energy consumption
|
N/A
|
|
Requested content
General
- This question is based on question C8.2a but is sector specific. Energy consumed outside the cement sector should not be reported here.
- The boundary surrounding your organization in the cement sector shall hereby be referred to as the organizational/sector boundary. The sector boundary for energy consumption should align with the sector boundary for emissions, which is described in the guidance to question C-CE7.4. This boundary is aligned with the boundary used in the WBCSD's Cement Sustainability Initiative. (CSI).
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- If you do not consume an energy carrier, then you should enter 0 (zero) in the relevant field.
- This table is for gross energy consumption data only. You should not provide net consumption nor deduct for energy produced or exported from the organizational/sector boundary. Because feedstock fuels are excluded from this question, this approach should not lead to double counting.
- You should enter all energy data in Mega-Watt-hours (MWh). Conversion factors from other energy units are available from a variety of online calculation tools, including from IEA and OnlineConversion.com, or from conversion tables such as those in EPA AP-42 (Annex A).
- Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh”.
- For ease of reporting, organizations already accounting energy use for the WBCSD's Cement Sustainability Initiative (CSI) may wish to utilize this work in answering this question. If so, you should ensure you include at least all kiln and non-kiln fuels, and fuel consumed for the drying of raw materials. You should also include your purchased consumption of heat/steam/cooling (row 3).
Activity (column 1)
- This column is driven by the activities for which you selected ‘Yes’ in response to C8.2.
- You will be presented with a row for each activity selected in C8.2.
Heating value(column 2)
- This column is only applicable to the consumption of fuels, because it is a measure of combustion energy.
- Energy from fuel combustion can be measured by the higher heating value (HHV) or lower heating value (LHV) of the combusted fuel.
- Higher heating value (HHV) is also known as gross calorific value (GCV), and lower heating value (LHV) is also known as net calorific value (NCV). Typically, LHV/HHV ratio is 0.95 for solid and liquid hydrocarbon fuels, such as coal and oil, and 0.9 for gaseous hydrocarbon fuels, such as natural gas.
- Fuel energy data in HHV is typically used in the United States and Canada, whereas LHV is more commonly the unit used in other countries and by international bodies. If you do not know the unit applicable to your raw data, you may wish to infer it based on the location from which the data is sourced, i.e. if the fuel related data is sourced from outside of the United States and Canada, then it is likely that LHV is applicable.
Total MWh(column 3)
- Enter the total energy consumed by your organization for ‘cement production activities’, i.e. energy consumption relating to the cement sector only.
Consumption of fuel
- All fuel consumed for energy purposes inside the organizational/sector boundary should be included, regardless of whether the fuel was purchased or produced by the organization. Ultimately, if a fuel is combusted solely for energy purposes, then it should be included. This includes the combustion of alternative fuels, such as biomass, waste, waste tires and hazardous wastes in co-incineration practices.
- If your raw data is in energy units other than MWh, such as Giga-Joules (GJ) or British Thermal Units (Btu), then you should convert to MWh. For example, 1 Giga-Joule (GJ) = 0.277778 MWh, so if your data is in GJ then you should multiply your data by 0.277778. If your data is in million Btu, then you need to multiply your data by 0.29307
- If your raw data is in volume units, e.g. cubic feet or gallons, or in mass units, e.g. kilograms (kg) or pounds (lb), then you should convert to energy units using factors for fuel heating/calorific values. These are available from numerous sources, some of which are listed below:
- IPCC Guidelines for National GHG Inventories (Volume 2, Table 1.2, p1.18-1.19)
- IPCC Guidelines for National GHG Inventories (Volume 3, chapter 4)
- EPA AP-42 (Annex A)
Consumption of purchased or acquired electricity, heat, steam, and/or cooling
- The most common units for electricity are Watt-hours. 1 MWh is equal to 1,000,000 Watt-hours, which is equal to 1,000 kWh (kilo-Watt-hours).
- If your raw data is in energy units other than MWh, such as Giga-Joules (GJ) or British Thermal Units (Btu), then you should convert to MWh. For example, 1 Giga-Joule (GJ) = 0.277778 MWh, so if your data is in GJ then you should multiply your data by 0.277778. If your data is in million Btu, then you need to multiply your data by 0.29307. Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh”.
- If your raw data for steam is in physical units, such as pounds (lb) or kilograms (kg), then you should convert to energy units. The energy content of steam varies with temperature and pressure. Organizations can refer to The Climate Registry's General Reporting Protocol, Chapter 15, section 15.2, step 1, which explains how to calculate the energy content of steam.
- Cooling is frequently purchased in refrigeration-ton hours; 1 ton-hour is equal to 12,000 Btu, which is equally to 0.003516 MWh.
Total energy consumption
- Enter the total energy consumption by your organization inside the cement sector boundary in this row.
- The data entered in this row should also equal the sum of all the above rows (if the above rows have been fully disclosed for).
- If you do not disclose data for specific energy carriers in the rows above, but you are able to enter the total energy consumed by your organization inside the cement sector boundary, then you should do so.
Explanation of terms
- Heating Value: Lower heating value (LHV) and Higher heating value (HHV), also known as net calorific value (NCV) and gross calorific value (GCV) respectively, are different measures of heat energy released from fuel combustion. Figures measured in HHV are larger because HHV includes the latent heat of water vaporization from combustion, whereas LHV does not. The difference between LHV and HHV is related to the fuel’s hydrogen content.
-
Purchased or acquired electricity, steam, heat, cooling: Specific information on these energy carriers can be found in section 5.3.1 and Appendix A of the GHG Protocol Scope 2 Guidance. The terms ‘purchased’ and ‘acquired’ are used when your organization has received the energy from a third party. This rules out energy that is sourced from within the organizational/sector boundary. It should be noted that purchased or acquired heat does not include the heat content, or calorific value, of fuels that are purchased or acquired by the organization. This is accounted for at the point of fuel consumption, which falls inside the Scope 1 boundary. You should also be aware that steam, heat or cooling received via direct line as ‘waste’ from an industrial process, should still be accounted for if it is consumed.
(C-CH8.2a) Report your organization’s energy consumption totals (excluding feedstocks) for chemical production activities in MWh.
Question dependencies
This question only appears if you select “Yes” in response to any of the activities listed in C8.2. A row will appear in this table for each energy-related activity selected in C8.2. The “Total energy consumption” row will always appear.
Change from 2019
No change
Rationale
Question C8.2a has been modified and represented here for the chemicals sector. This is to enable consistency of reporting across organizations with varying coverage over activities that may be separate from the chemicals sector or independent of the production activities defining the chemicals sector. Chemicals is also one of the largest energy users of industry, so it is important to represent the sector separately from outside activities.
Response options
Please complete the following table:
Activity | Heating value |
Total MWh
|
Consumption of fuel (excluding feedstock)
| Select from:- LHV (lower heating value)
- HHV (higher heating value)
- Unable to confirm heating value
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Consumption of purchased or acquired electricity
| N/A |
|
Consumption of purchased or acquired heat
| N/A |
|
Consumption of purchased or acquired steam
| N/A |
|
Consumption of purchased or acquired cooling
| N/A |
|
Consumption of self-generated non-fuel renewable energy
| N/A |
|
Total energy consumption
| N/A |
|
Requested content
General
- This question is based on question C8.2a but is sector specific. Energy consumed outside the chemicals sector should not be reported here.
- The boundary surrounding your organization in the chemicals sector shall hereby be referred to as the organizational/sector boundary. The sector boundary for energy consumption should align with the sector boundary for emissions, which is described in the guidance to question C-CH7.4.
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- If you do not consume an energy carrier, then you should enter zero (0) in the relevant field.
- This table is for gross energy consumption data only. You should not provide net consumption nor deduct for energy produced or exported from the organizational/sector boundary. Because feedstock fuels are excluded from this question, this approach should not lead to double counting.
- You should enter all energy data in Mega-Watt-hours (MWh). Conversion factors from other energy units are available from a variety of online calculation tools, including from IEA and OnlineConversion.com, or from conversion tables such as those in EPA AP-42 (Annex A).
- Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh.”
Activity (column 1)
- This column is driven by the activities for which you selected ‘Yes’ in response to C8.2.
- You will be presented with a row for each activity selected in C8.2.
Heating value (column 2)
- This column is only applicable to the consumption of fuels, because it is a measure of combustion energy.
- Energy from fuel combustion can be measured by the higher heating value (HHV) or lower heating value (LHV) of the combusted fuel.
- Higher heating value (HHV) is also known as gross calorific value (GCV), and lower heating value (LHV) is also known as net calorific value (NCV). Typically, LHV/HHV ratio is 0.95 for solid and liquid hydrocarbon fuels, such as coal and oil, and 0.9 for gaseous hydrocarbon fuels, such as natural gas.
- Fuel energy data in HHV is typically used in the United States and Canada, whereas LHV is more commonly the unit used in other countries and by international bodies. If you do not know the unit applicable to your raw data, you may wish to infer it based on the location from which the data is sourced, i.e. if the fuel related data is sourced from outside of the United States and Canada, then it is likely that LHV is applicable.
Total MWh (column 3)
- Enter the total energy consumed by your organization for ‘chemicals production activities,’ i.e. energy consumption relating to the chemicals sector only.
Consumption of fuel
- All fuel consumed for energy purposes inside the organizational/sector boundary should be included, regardless of whether the fuel was purchased or produced by the organization. If a fuel is consumed as a feedstock for the production of another fuel, then the feedstock should not be included, but combustion of the produced fuel should be included. Ultimately, if a fuel is combusted for energy purposes, then it should be included.
- If your raw data is in energy units other than MWh, such as Giga-Joules (GJ) or British Thermal Units (Btu), then you should convert to MWh. For example, 1 Giga-Joule (GJ) = 0.277778 MWh, so if your data is in GJ then you should multiply your data by 0.277778. If your data is in million Btu, then you need to multiply your data by 0.29307.
- If your raw data is in volume units, e.g. cubic feet or gallons, or in mass units, e.g. kilograms (kg) or pounds (lb), then you should convert to energy units using factors for fuel heating/calorific values. These are available from numerous sources, some of which are listed below:
- IPCC Guidelines for National GHG Inventories (Volume 2, Table 1.2, p1.18-1.19)
- IPCC Guidelines for National GHG Inventories (Volume 3, chapter 4)
- EPA AP-42 (Annex A)
Consumption of purchased or acquired electricity, heat, steam and/or cooling
- The most common units for electricity are Watt-hours. 1 MWh is equal to 1,000,000 Watt-hours, which is equal to 1,000 kWh (kilo-Watt-hours).
- If your raw data is in energy units other than MWh, such as Giga-Joules (GJ) or British Thermal Units (Btu), then you should convert to MWh. For example, 1 Giga-Joule (GJ) = 0.277778 MWh, so if your data is in GJ then you should multiply your data by 0.277778. If your data is in million Btu, then you need to multiply your data by 0.29307. Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh.”
- If your raw data for steam is in physical units, such as pounds (lb) or kilograms (kg), then you should convert to energy units. The energy content of steam varies with temperature and pressure. Organizations can refer to The Climate Registry's General Reporting Protocol, Chapter 15, section 15.2, step 1, which explains how to calculate the energy content of steam.
- Cooling is frequently purchased in refrigeration-ton hours; 1 ton-hour is equal to 12,000 Btu, which is equally to 0.003516 MWh.
Consumption of self-generated non-fuel renewable energy
- If your organization produces renewable energy that is not fuel, then any consumption of this energy should be entered here.
- Consumption of renewable fuels are excluded for this row because these should be accounted for as consumption of fuel (excluding feedstock).
- Non-fuel renewable energy includes forms such as solar, solar thermal, wind, hydro, geothermal, ocean, or any other form that is not combusted as a fuel. Biofuels (biomass, biogas, bioliquids), biofuel derived wastes and renewably derived hydrogen are not included here, because they are combusted as a fuel.
- Non-fuel renewable energy may be consumed in the form of electricity, heat, steam, or cooling. This energy is entered here because it is also produced by your organization.
Total energy consumption
- Enter the total energy consumption by your organization inside the chemicals sector boundary in this row.
- The data entered in this row should also equal the sum of all the above rows (if the above rows have been fully disclosed for).
- If you do not disclose data for specific energy carriers in the rows above, but you are able to enter the total energy consumed by your organization inside the chemicals sector boundary, then you should do so.
Explanation of terms
-
Excluding feedstocks: Fuels consumed as feedstocks are fuels that are not combusted for energy purposes. For example, naphtha and ethane are feedstocks that may be converted into petrochemical products such as ethylene, and should not be included. The steel industry is a special case because coke and fuel injectants consumed at the blast furnace serve as feedstocks and a source of energy. These fuels are considered feedstocks and should not be counted. However, all fuels consumed that are derived from fuel feedstocks, e.g. blast furnace gas, should be counted. Companies that consume fuel as feedstocks will have the opportunity to disclose these fuels in sector specific questions.
-
Heating Value: Lower heating value (LHV) and Higher heating value (HHV), also known as net calorific value (NCV) and gross calorific value (GCV) respectively, are different measures of heat energy released from fuel combustion. Figures measured in HHV are larger because HHV includes the latent heat of water vaporization from combustion, whereas LHV does not. The difference between LHV and HHV is related to the fuel’s hydrogen content.
- Purchased or acquired electricity, steam, heat, cooling: Specific information on these energy carriers can be found in section 5.3.1 and Appendix A of the GHG Protocol Scope 2 Guidance. The terms ‘purchased’ and ‘acquired’ are used when your organization has received the energy from a third party. This rules out energy that is sourced from within the organizational/sector boundary. It should be noted that purchased or acquired heat does not include the heat content, or calorific value, of fuels that are purchased or acquired by the organization. This is accounted for at the point of fuel consumption, which falls inside the Scope 1 boundary. You should also be aware that steam, heat or cooling received via direct line as ‘waste’ from an industrial process, should still be accounted for if it is consumed.
(C-MM8.2a) Report your organization’s energy consumption totals (excluding feedstocks) for metals and mining production activities in MWh.
Question dependencies
This question only appears if you select “Yes” to any of the activities listed in C8.2. A row will appear in the response table for each energy-related activity selected in C8.2. The “Total energy consumption” row will always appear.
Change from 2019
No change
Rationale
Question C8.2a has been modified and represented here for the metals and mining sector. This is to enable consistency of reporting across organizations with varying coverage over activities that may be separate from the metals and mining sector or independent of the production activities defining the metals and mining sector. Metals and mining activities can also be particularly energy intensive, so it is important to represent the sector separately from outside activities.
Response options
Please complete the following table:
Activity
|
Heating value
|
Total MWh
|
Consumption of fuel (excluding feedstock)
|
Select from:
- LHV (lower heating value)
- HHV (higher heating value)
- Unable to confirm heating value
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Consumption of purchased or acquired electricity
|
N/A
|
|
Consumption of purchased or acquired heat
|
N/A
|
|
Consumption of purchased or acquired steam
|
N/A
|
|
Consumption of purchased or acquired cooling
|
N/A
|
|
Consumption of self-generated non-fuel renewable energy
|
N/A
|
|
Total energy consumption
|
N/A
|
|
Requested content
General
- This question is based on question C8.2a but is sector specific. Energy consumed outside the metal and mining sector should not be reported here.
- The boundary surrounding your organization in the metals and mining sector shall hereby be referred to as the organizational/sector boundary. The sector boundary for energy consumption should align with the sector boundary for emissions, which is described in the guidance for question C-MM7.4.
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- If you do not consume an energy carrier, then you should enter 0 (zero) in the relevant field.
- This table is for gross energy consumption data only. You should not provide net consumption nor deduct for energy produced or exported from the organizational/sector boundary. Because feedstock fuels are excluded from this question, this approach should not lead to double counting.
- You should enter all energy data in Mega-Watt-hours (MWh). Conversion factors from other energy units are available from a variety of online calculation tools, including from IEA and OnlineConversion.com, or from conversion tables such as those in EPA AP-42 (Annex A)
- Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh.”
Activity (column 1)
- This column is driven by the activities for which you selected ‘Yes’ in response to C8.2.
- You will be presented with a row for each activity selected in C8.2.
Heating value (column 2)
- This column is only applicable to the consumption of fuels, because it is a measure of combustion energy.
- Energy from fuel combustion can be measured by the higher heating value (HHV) or lower heating value (LHV) of the combusted fuel.
- Higher heating value (HHV) is also known as gross calorific value (GCV), and lower heating value (LHV) is also known as net calorific value (NCV). Typically, LHV/HHV ratio is 0.95 for solid and liquid hydrocarbon fuels, such as coal and oil, and 0.9 for gaseous hydrocarbon fuels, such as natural gas.
- Fuel energy data in HHV is typically used in the United States and Canada, whereas LHV is more commonly the unit used in other countries and by international bodies. If you do not know the unit applicable to your raw data, you may wish to infer it based on the location from which the data is sourced, i.e. if the fuel related data is sourced from outside of the United States and Canada, then it is likely that LHV is applicable.
Total MWh (column 3)
- Enter the total energy consumed by your organization for ‘metals and mining production activities,’ i.e. energy consumption relating to the metals and mining sector only.
Consumption of fuel
- All fuel consumed for energy purposes inside the organizational/sector boundary should be included, regardless of whether the fuel was purchased or produced by the organization. Ultimately, if a fuel is combusted solely for energy purposes, then it should be included.
- If your raw data is in energy units other than MWh, such as Giga-Joules (GJ) or British Thermal Units (Btu), then you should convert to MWh. For example, 1 Giga-Joule (GJ) = 0.277778 MWh, so if your data is in GJ then you should multiply your data by 0.277778. If your data is in million Btu, then you need to multiply your data by 0.29307.
- If your raw data is in volume units, e.g. cubic feet or gallons, or in mass units, e.g. kilograms (kg) or pounds (lb), then you should convert to energy units using factors for fuel heating/calorific values. These are available from numerous sources, some of which are listed below:
- IPCC Guidelines for National GHG Inventories (Volume 2, Table 1.2, p1.18-1.19)
- IPCC Guidelines for National GHG Inventories (Volume 3, chapter 4)
- EPA AP-42 (Annex A)
Consumption of purchased or acquired electricity, heat, steam, and/or cooling
- The most common units for electricity are Watt-hours. 1 MWh is equal to 1,000,000 Watt-hours, which is equal to 1,000 kWh (kilo-Watt-hours).
- If your raw data is in energy units other than MWh, such as Giga-Joules
(GJ) or British Thermal Units (Btu), then you should convert to MWh. For
example, 1 Giga-Joule (GJ) = 0.277778 MWh, so if your data is in GJ then you
should multiply your data by 0.277778. If your data is in million Btu, then you
need to multiply your data by 0.29307. Further guidance on unit conversion is
available in the following Technical Note: “
Conversion of fuel data to MWh.”
- If your raw data for steam is in physical units, such as pounds (lb) or kilograms (kg), then you should convert to energy units. The energy content of steam varies with temperature and pressure. Organizations can refer to The Climate Registry’s General Reporting Protocol, Chapter 15, section 15.2, step 1, which explains how to calculate the energy content of steam.
- Cooling is frequently purchased in refrigeration-ton hours; 1 ton-hour is equal to 12,000 Btu, which is equally to 0.003516 MWh.
Consumption of self-generated non-fuel renewable energy
- If your organization produces renewable energy that is not fuel, then any consumption of this energy should be entered here.
- Consumption of renewable fuels are excluded for this row is because these should be accounted for as consumption of fuel (excluding feedstock).
- Non-fuel renewable energy includes forms such as solar, solar thermal, wind, hydro, geothermal, ocean, or any other form that is not combusted as a fuel. Biofuels (biomass, biogas, bioliquids), biofuel derived wastes and renewably derived hydrogen are not included here because they are combusted as a fuel.
- Non-fuel renewable energy may be consumed in the form of electricity, heat, steam, or cooling. This energy is entered here because it is also produced by your organization.
Total energy consumption
- Enter the total energy consumption by your organization inside the metals and mining sector boundary in this row.
- The data entered in this row should also equal the sum of all the above rows (if the above rows have been fully disclosed for).
- If you do not disclose data for specific energy carriers in the rows above, but you are able to enter the total energy consumed by your organization inside the metals and mining sector boundary, then you should do so.
Explanation of terms
- Heating Value: Lower heating value (LHV) and Higher heating value (HHV), also known as net calorific value (NCV) and gross calorific value (GCV) respectively, are different measures of heat energy released from fuel combustion. Figures measured in HHV are larger because HHV includes the latent heat of water vaporization from combustion, whereas LHV does not. The difference between LHV and HHV is related to the fuel’s hydrogen content.
- Purchased or acquired electricity, steam, heat, cooling: Specific information on these energy carriers can be found in section 5.3.1 and Appendix A of the GHG Protocol Scope 2 Guidance. The terms ‘purchased’ and ‘acquired’ are used when your organization has received the energy from a third party. This rules out energy that is sourced from within the organizational/sector boundary. It should be noted that purchased or acquired heat does not include the heat content, or calorific value, of fuels that are purchased or acquired by the organization. This is accounted for at the point of fuel consumption, which falls inside the Scope 1 boundary. You should also be aware that steam, heat or cooling received via direct line as ‘waste’ from an industrial process, should still be accounted for if it is consumed.
(C-ST8.2a) Report your organization’s energy consumption totals (excluding feedstocks) for steel production activities in MWh.
Question dependencies
This question only appears if you select “Yes” in response to any of the activities listed in C8.2. A row will appear in this table for each energy-related activity selected in C8.2.
Change from 2019
No change
Rationale
Question C8.2a has been modified and represented here for the steel sector. This is to enable consistency of reporting across organizations with varying coverage over activities that may be separate from the steel sector or independent of the production activities defining the steel sector. Steel is also one of the most energy intensive sectors of industry, so it is important to represent the sector separately from outside activities.
Response options
Please complete the following table
Activity | Heating value |
Total MWh
|
Consumption of fuel (excluding feedstock)
| Select from:- LHV (lower heating value)
- HHV (higher heating value)
- Unable to confirm heating value
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Consumption of purchased or acquired electricity
| N/A |
|
Consumption of purchased or acquired heat
| N/A |
|
Consumption of purchased or acquired steam
| N/A |
|
Consumption of purchased or acquired cooling
| N/A |
|
Consumption of self-generated non-fuel renewable energy
| N/A |
|
Total energy consumption
| N/A |
|
Requested content
General
- This question is based on question C8.2a but is sector specific. Energy consumed outside the steel sector should not be reported here.
- The boundary surrounding your organization in the steel sector shall hereby be referred to as the organizational/sector boundary. The sector boundary for energy consumption should align with the sector boundary for emissions, which is described in the guidance for question C-ST7.4.
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- If you do not consume an energy carrier, then you should enter 0 (zero) in the relevant field.
- This table is for gross energy consumption data only. You should not provide net consumption nor deduct for energy produced or exported from the organizational/sector boundary. Because feedstock fuels are excluded from this question, this approach should not lead to double counting.
- You should enter all energy data in Mega-Watt-hours (MWh). Conversion factors from other energy units are available from a variety of online calculation tools, including from IEA and OnlineConversion.com, or from conversion tables such as those in EPA AP-42 (Annex A).
- Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh.”
Activity (column 1)
- This column is driven by the activities for which you selected ‘Yes’ in response to C8.2.
- You will be presented with a row for each activity selected in C8.2.
Heating value (column 2)
- This column is only applicable to the consumption of fuels, because it is a measure of combustion energy.
- Energy from fuel combustion can be measured by the higher heating value (HHV) or lower heating value (LHV) of the combusted fuel.
- Higher heating value (HHV) is also known as gross calorific value (GCV), and lower heating value (LHV) is also known as net calorific value (NCV). Typically, LHV/HHV ratio is 0.95 for solid and liquid hydrocarbon fuels, such as coal and oil, and 0.9 for gaseous hydrocarbon fuels, such as natural gas.
- Fuel energy data in HHV is typically used in the United States and Canada, whereas LHV is more commonly the unit used in other countries and by international bodies. If you do not know the unit applicable to your raw data, you may wish to infer it based on the location from which the data is sourced, i.e. if the fuel related data is sourced from outside of the United States and Canada, then it is likely that LHV is applicable.
Total MWh (column 3)
- Enter the total energy consumed by your organization for ‘steel production activities,’ i.e. energy consumption relating to the steel sector only.
Consumption of fuel
- All fuel consumed for energy purposes inside the organizational/sector boundary should be included, regardless of whether the fuel was purchased or produced by the organization. If a fuel is consumed as a feedstock for the production of another fuel, then the feedstock should not be included, but combustion of the produced fuel should be included. For example, consumption of reducing agents in the blast furnace (e.g. PCI coal and coke), or consumption of coal at the coke ovens should not be included. However, combustion of all process by-product gasses should be included. Ultimately, if a fuel is combusted solely for energy purposes, then it should be included (see ‘Explanation of terms’ for more detail).
- If your raw data is in energy units other than MWh, such as Giga-Joules (GJ) or British Thermal Units (Btu), then you should convert to MWh. For example, 1 Giga-Joule (GJ) = 0.277778 MWh, so if your data is in GJ then should multiply your data by 0.277778. If your data is in million Btu, then you need to multiply your data by 0.29307
- If your raw data is in volume units, e.g. cubic feet or gallons, or in mass units, e.g. kilograms (kg) or pounds (lb), then you should convert to energy units using factors for fuel heating/calorific values. These are available from numerous sources, some of which are listed below:
- IPCC Guidelines for National GHG Inventories (Volume 2, Table 1.2, p1.18-1.19)
- IPCC Guidelines for National GHG Inventories (Volume 3, chapter 4)
- EPA AP-42 (Annex A)
Consumption of purchased or acquired electricity, heat, steam and/or cooling
- The most common units for electricity are Watt-hours. 1 MWh is equal to 1,000,000 Watt-hours, which is equal to 1,000 kWh (kilo-Watt-hours).
- If your raw data is in energy units other than MWh, such as Giga-Joules (GJ) or British Thermal Units (Btu), then you should convert to MWh. For example, 1 Giga-Joule (GJ) = 0.277778 MWh, so if your data is in GJ then you should multiply your data by 0.277778. If your data is in million Btu, then you need to multiply your data by 0.29307. Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh.”
- If your raw data for steam is in physical units, such as pounds (lb) or kilograms (kg), then you should convert to energy units. The energy content of steam varies with temperature and pressure. Organizations can refer to The Climate Registry's General Reporting Protocol, Chapter 15, section 15.2, step 1, which explains how to calculate the energy content of steam.
- Cooling is frequently purchased in refrigeration-ton hours; 1 ton-hour is equal to 12,000 Btu, which is equally to 0.003516 MWh.
Consumption of self-generated non-fuel renewable energy
- If your organization produces renewable energy that is not fuel, then any consumption of this energy should be entered here.
- Consumption of renewable fuels are excluded for this row, because these should be accounted for as consumption of fuel (excluding feedstock).
- Non-fuel renewable energy includes forms such as solar, solar thermal, wind, hydro, geothermal, ocean, or any other form that is not combusted as a fuel. Biofuels (biomass, biogas, bioliquids), biofuel derived wastes, and renewably derived hydrogen are not included here because they are combusted as a fuel.
- Non-fuel renewable energy may be consumed in the form of electricity, heat, steam, or cooling. This energy is entered here because it is also produced by your organization.
Total energy consumption
- Enter the total energy consumption by your organization inside the steel sector boundary in this row.
- The data entered in this row should also equal the sum of all the above rows (if the above rows have been fully disclosed for).
- If you do not disclose data for specific energy carriers in the rows above, but you are able to enter the total energy consumed by your organization inside the steel sector boundary, then you should do so.
Explanation of terms
- Excluding feedstocks: Fuels consumed as feedstocks are fuels that are not combusted for energy purposes. For example, naphtha and ethane are feedstocks that may be converted into petrochemical products such as ethylene, and should not be included. The steel industry is a special case because coke and fuel injectants consumed at the blast furnace serve as feedstocks and a source of energy. These fuels are considered feedstocks and should not be counted. However, all fuels consumed that are derived from fuel feedstocks, e.g. blast furnace gas, should be counted. Companies that consume fuel as feedstocks will have the opportunity to disclose these fuels in sector specific questions.
- Purchased or acquired electricity, steam, heat, cooling: Specific information on these energy carriers can be found in section 5.3.1 and Appendix A of the GHG Protocol Scope 2 Guidance. The terms ‘purchased’ and ‘acquired’ are used when your organization has received the energy from a third party. This rules out energy that is sourced from within the organizational/sector boundary. It should be noted that purchased or acquired heat does not include the heat content, or calorific value, of fuels that are purchased or acquired by the organization. This is accounted for at the point of fuel consumption, which falls inside the Scope 1 boundary. You should also be aware that steam, heat or cooling received via direct line as ‘waste’ from an industrial process, should still be accounted for if it is consumed.
- Heating Value: Lower heating value (LHV) and Higher heating value (HHV), also known as net calorific value (NCV) and gross calorific value (GCV) respectively, are different measures of heat energy released from fuel combustion. Figures measured in HHV are larger because HHV includes the latent heat of water vaporization from combustion, whereas LHV does not. The difference between LHV and HHV is related to the fuel’s hydrogen content.
(C8.2b) Select the applications of your organization’s consumption of fuel.
Question dependencies
This question only appears if you select "Yes" to “Consumption of fuel” in response to C8.2. Each option that you select in this table will appear as an additional column in C8.2c.
Change from 2019
Removed question for FS only
Rationale
Scope 1 greenhouse gas emissions are directly associated with the consumption of fuel. This question provides data users with more transparency regarding the application of an organization’s fuel consumption for the generation of secondary energy carriers.
Response options
Please complete the following table:
Fuel application
|
Indicate whether your organization undertakes this fuel application
|
Consumption of fuel for the generation of electricity
|
Select from:
|
Consumption of fuel for the generation of heat
|
|
Consumption of fuel for the generation of steam
|
|
Consumption of fuel for the generation of cooling
|
|
Consumption of fuel for co-generation or tri-generation
|
|
Requested content
General
- Information you provide should be for the reporting year only (as defined by your answer to C0.2).
- This question drives the columns presented in question C8.2c.
- Select the fuel applications for which your organization consumes fuel by selecting “Yes” in the relevant fields.
- If your organization does not undertake a particular fuel application, select “No” in that row. If no fuel application is selected in C8.2b then only the “Total MWh consumed by the organization” column will appear in C8.2c which is where you will state your total fuel consumption for each applicable fuel.
- Companies who consume fuel for other applications such as transportation, industrial process plant and equipment etc. should select ‘Consumption of fuel for the generation of heat’.
- It does not matter whether your organization consumes or exports the electricity, steam, or cooling generated; if your organization generates any electricity, steam, or cooling from fuel combustion (thermal generation), then you should select ‘Yes’ in the relevant field.
- Co-generation is also known as combined heat and power (CHP). Tri-generation is also known as combined cooling, heat and power (CCHP). Combined cooling and power (CCP) is another system in which energy carriers are generated together. If your organization generates from any single configuration of plant in which electricity, steam, heat, or cooling are generated as simultaneous useful outputs, then you should select ‘Yes’ for the consumption of fuel for co-generation or tri-generation.
(C8.2c) State how much fuel in MWh your
organization has consumed (excluding feedstocks) by fuel type.
Question dependencies
This question only appears if you select “Consumption of fuel” in C8.2. For each fuel application selected in C8.2b a column appears in the table in addition to the “MWh fuel consumed for self-generation of heat” and “Total MWh consumed by the organization” columns. If no fuel application is selected in C8.2b then only the “Total MWh consumed by the organization” column will appear.
Change from 2019
Modified question (2019 C8.2c, C8.2d); Removed question for FS only
Rationale
Scope 1 greenhouse gas emissions are directly associated with the consumption of fuel for energy purposes. This question provides data users with more transparency regarding the type of fuel an organization has consumed. Total consumption of fuels and their consumption for different energy applications also provides insight on the way in which fuels are used by the organization, which can allow for a fairer and more consistent understanding of corporate energy and emissions from data users.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Goal 13: Climate action
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Fuels
|
Heating value
|
Total MWh consumed by the organization
|
MWh consumed for self-generation of electricity
|
Select from:
Acetylene; Agricultural
Waste; Alternative Kiln Fuel (Wastes); Animal Fat; Animal/Bone Meal; Anthracite
Coal; Asphalt; Aviation Gasoline; Bagasse; Bamboo; Basic Oxygen Furnace Gas (LD
Gas); Biodiesel; Biodiesel Tallow;
Biodiesel Waste Cooking Oil; Bioethanol; Biogas; Biogasoline; Biomass Municipal
Waste; Biomethane; Bitumen; Bituminous Coal; Black Liquor; Blast Furnace Gas;
Brown Coal Briquettes (BKB); Burning Oil; Butane; Butylene; Charcoal; Coal;
Coal Tar; Coke; Coke Oven Gas; Coking Coal; Compressed Natural Gas (CNG);
Condensate; Crude Oil; Crude Oil Extra Heavy; Crude Oil Heavy; Crude Oil Light;
Diesel; Distillate Oil; Dried Sewage Sludge; Ethane; Ethylene; Fuel Gas; Fuel
Oil Number 1; Fuel Oil Number 2; Fuel Oil Number 4; Fuel Oil Number 5; Fuel Oil
Number 6; Gas Coke; Gas Oil; Gas Works Gas; GCI Coal; General Municipal Waste;
Grass; Hardwood; Heavy Gas Oil; Hydrogen; Industrial Wastes; Isobutane;
Isobutylene; Jet Gasoline; Jet Kerosene; Kerosene; Landfill Gas; Light
Distillate; Lignite Coal; Liquefied Natural Gas (LNG); Liquefied Petroleum Gas
(LPG); Liquid Biofuel; Lubricants; Marine Fuel Oil; Marine Gas Oil;
Metallurgical Coal; Methane; Motor Gasoline; Naphtha; Natural Gas; Natural Gas
Liquids (NGL); Natural Gasoline; Non-Biomass Municipal Waste; Non-Biomass
Waste; Oil Sands; Oil Shale; Orimulsion; Other Petroleum Gas; Paraffin Waxes;
Patent Fuel; PCI Coal; Peat; Pentanes Plus; Petrochemical Feedstocks; Petrol;
Petroleum Coke; Petroleum Products; Pitch; Plastics; Primary Solid Biomass;
Propane Gas; Propane Liquid; Propylene; Refinery Feedstocks; Refinery Gas; Refinery
Oil; Residual Fuel Oil; Road Oil; SBP; Shale Oil; Sludge Gas; Softwood; Solid
Biomass Waste; Special Naphtha; Still Gas; Straw; Subbituminous Coal; Sulphite
Lyes; Tar; Tar Sands; Thermal Coal; Thermal Coal Commercial; Thermal Coal
Domestic; Thermal Coal Industrial; Tires; Town Gas; Unfinished Oils; Vegetable
Oil; Waste Oils; Waste Paper and Card; Waste Plastics; Waste Tires; White
Spirit; Wood; Wood Chips; Wood Logs; Wood Pellets; Wood Waste; Other, please
specify
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Select from:
- LHV
- HHV
- Unable to confirm heating value
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Numerical field [enter a number from 0 to 9,999,999,999 using up to 2 decimal places and no commas]
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Numerical field [enter a number from 0 to 9,999,999,999 using up to 2 decimal places and no commas]
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MWh consumed for self-generation of heat
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MWh consumed for self-generation of steam
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MWh consumed for self-generation of cooling
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MWh consumed self-cogeneration or self-trigeneration
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Numerical field [enter a number from 0 to 9,999,999,999 using up to 2 decimal places and no commas]
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Numerical field [enter a number from 0 to 9,999,999,999 using up to 2 decimal places and no commas]
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Numerical field [enter a number from 0 to 9,999,999,999 using up to 2 decimal places and no commas]
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Numerical field [enter a number from 0 to 9,999,999,999 using up to 2 decimal places and no commas]
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Emission factor
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Unit
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Emission factor source
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Comment
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Numerical field [enter a number from 0 to 999,999 using up to 5 decimal places and no commas]
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Select from:
- metric tons CO2e per m3
- metric tons CO2 per m3
- metric tons CO2e per liter
- metric tons CO2 per liter
- metric tons CO2e per barrel
- metric tons CO2 per barrel
- metric tons CO2e per Mg
- metric tons CO2 per Mg
- metric tons CO2e per metric ton
- metric tons CO2 per metric ton
- metric tons CO2e per short ton
- metric tons CO2 per short ton
- metric tons CO2e per MWh
- metric tons CO2 per MWh
- metric tons CO2e per GJ
- metric tons CO2 per GJ
- metric tons CO2e per million Btu
- metric tons CO2 per million Btu
- metric tons CO2e per boe
- metric tons CO2 per boe
- metric tons CO2e per toe
- metric tons CO2 per toe
- metric tons CO2e per tce
- metric tons CO2 per tce
- metric tons CO2e per Gcal
- metric tons CO2 per Gcal
- kg CO2e per m3
- kg CO2 per m3
- kg CO2e per liter
- kg CO2 per liter
- kg CO2e per barrel
- kg CO2 per barrel
- kg CO2e per gallon
- kg CO2 per gallon
- kg CO2e per Mg
- kg CO2 per Mg
- kg CO2e per metric ton
- kg CO2 per metric ton
- kg CO2e per short ton
- kg CO2 per short ton
- kg CO2e per kWh
- kg CO2 per kWh
- kg CO2e per MWh
- kg CO2 per MWh
- kg CO2e per GJ
- kg CO2 per GJ
- kg CO2e per million Btu
- kg CO2 per million Btu
- kg CO2e per boe
- kg CO2 per boe
- kg CO2e per toe
- kg CO2 per toe
- kg CO2e per tce
- kg CO2 per tce
- kg CO2e per Gcal
- kg CO2 per Gcal
- lb CO2e per 1000 cubic ft3
- lb CO2 per 1000 cubic ft3
- lb CO2e per gallon
- lb CO2 per gallon
- lb CO2e per barrel
- lb CO2 per barrel
- lb CO2e per short ton
- lb CO2 per short ton
- lb CO2e per MWh
- lb CO2 per MWh
- lb CO2e per GJ
- lb CO2 per GJ
- lb CO2e per million Btu
- lb CO2 per million Btu
- lb CO2e per boe
- lb CO2 per boe
- lb CO2e per toe
- lb CO2 per toe
- lb CO2e per tce
- lb CO2 per tce
- lb CO2e per Gcal
- lb CO2 per Gcal
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Text
field [maximum 2,400 characters]
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Text field [maximum 2,400 characters]
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[Add Row]
Requested content
General
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- You should enter all fuels (excluding feedstocks) consumed by your organization in the reporting year. Therefore, the sum of fuels entered in column 3 (total MWh consumed by the organization) should equal the total consumption of fuel (excluding feedstock) in MWh (from renewable and non-renewable sources) as reported in question C8.2a.
- Fuels consumed for generation are fuels consumed for ‘self-generation’. Self-generation means generation from inside the organizational boundary. This includes all generation plant owned or controlled by the organization. Do not enter fuel consumed by another organization for the generation of electricity, steam, heat, and cooling that your organization has purchased or acquired.
- This table is for gross fuel consumption data only. You should not provide net consumption nor deduct for energy produced and exported from the organizational boundary. Because feedstock fuels are excluded from this question, this approach should not lead to double counting.
- All fuel consumed inside the organizational boundary should be included, regardless of whether the fuel was purchased or produced by the organization. If a fuel is consumed as a feedstock for the production of another fuel, then the feedstock should not be included, but combustion of the produced fuel should be included. Ultimately, if a fuel is combusted, e.g. consumed for energy purposes and not as a feedstock, then it should be included (see ‘Explanation of terms’ for more detail).
- Companies who consume fuel for electricity, steam, and/ or cooling applications and who consume fuel for other applications (i.e. transportation, industrial process plant and equipment etc.) should report the MWh of fuel consumed for these other applications in column 5 ‘MWh fuel consumed for self-generation of heat’.
- If you consume a fuel that is not available in the selection list, please select a fuel from the list that most closely matches the fuel your organization does consume. However, if no option is applicable then please select ‘Other, please specify’ and specify the name of the fuel before entering your organization’s consumption of that fuel.
- If you do not have exact consumption data, you may alternatively estimate your company’s consumption by reviewing fuel and energy purchasing orders.
- If your raw data is in energy units other than MWh, such as Giga-Joules (GJ) or British Thermal Units (Btu), then you should convert to MWh. For example, 1 Giga-Joule (GJ) = 0.277778 MWh, so if your data is in GJ then should multiply your data by 0.277778. If your data is in million Btu, then you should multiply your data by 0.29307.
- If your raw data is in volume units, e.g. cubic feet or gallons, or in mass units, e.g. kilograms (kg) or pounds (lb), then you should convert to energy units using fuel heating/calorific values. These are available from numerous sources, some of which are listed below:
- IPCC Guidelines for National GHG Inventories (Volume 2, Table 1.2, p1.18-1.19)
- EPA AP-42 (Annex A)
- IEA Statistics Manual (Annex 3, p180-183)
- API Compendium (Table 3-8, p3.20-3.21)
- Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh” and a glossary of definitions on some fuels is provided in Technical Notes: “Fuel Definitions”.
- If you want to provide additional information on the methods or assumptions used to determine the breakdown of fuel consumed for the self-generation of electricity/heat/steam/cooling/self-cogeneration or self-trigeneration then please do so in the Comment column.
- Identifying the most appropriate and accurate emission factors to use is one of the most challenging issues in GHG accounting. Therefore, it is beyond the scope of CDP’s work to provide advice on specific factors and how they should be applied.
- Emission factors vary with the precise nature of the material involved. For example, an emission factor will vary with the type of coal combusted and the type of technology used to burn the coal.
- The GHG Protocol Corporate Standard encourages you to calculate your own emission factors based on specific materials used and processes adopted. When this is not possible, you should refer to emissions factors published by governmental and other bodies such as the EPA in the US, the BEIS Department in the UK, and the IPCC (e.g. Volume 2, Chapter 2, p2.16-2.23) or IEA for international coverage. National inventory reports submitted to the UNFCCC also contain emission factors.
- Fuels are typically consumed at nearly 100% combustion efficiency, or full oxidization. Unless better data is available, the IPCC guidelines recommend applying this simplifying assumption (oxidation factor = 1).
- The IPCC provides guidance on emissions accounting, including the application of emission factors, across multiple sectors.
Heating value (column 2)
- All fuels should be reported consistently in either LHV or HHV.
- Your choice of HHV or LHV should be consistent with your choice in question C8.2a.
- Higher heating value (HHV) is also known as gross calorific value (GCV), and lower heating value (LHV) is also known as net calorific value (NCV). Typically, LHV/HHV ratio is 0.95 for solid and liquid hydrocarbon fuels, such as coal and oil, and 0.9 for gaseous hydrocarbon fuels, such as natural gas.
- Fuel energy data in HHV is typically used in the United States and Canada, whereas LHV is more commonly the unit used in other countries and by international bodies. If you do not know the unit applicable to your raw data, you may wish to infer it based on the location from which the data is sourced, i.e. if the fuel related data is sourced from outside of the United States and Canada, then it is likely that LHV is applicable.
Total MWh fuel consumed by the organization (column 3)
- Enter the total fuel in MWh consumed by your organization in the reporting year. It should be equal to the sum of fuel consumed for the self-generation of electricity, heat, cooling, steam and/or cogeneration or trigeneration.
MWh fuel consumed for self-generation of electricity (column 4)
- Enter the total consumption of the selected fuel for the self-generation of electricity in MWh.
- Make sure that you do not enter data for the actual electricity generated from these fuels. This table is for the consumption of the fuels themselves and aims to capture the energy content of the initial fuel used, not the energy content of the electricity generated from these fuels.
MWh fuel consumed for self-generation of heat (column 5)
- Enter the total consumption of the selected fuel for the self-generation of heat in MWh.
- Fuel consumed for heat is fuel that is combusted for the direct use of the heat/thermal energy its combustion releases.
- This heat is used in applications such as direct heating for industrial process plant and equipment, engines, turbines, furnaces, heaters, stoves, incinerators, kilns, dryers, thermal oxidizers, space heating, open burning, flaring, or any other combustion that is not for the generation of secondary energy carriers (electricity, steam, and/or cooling).
- Do not enter the heat delivered for the application. This question asks for fuel energy, which is the total heat of fuel combustion and is equal to the heating value (or calorific value) of the fuel itself.
MWh fuel consumed for self-generation of steam (column 6)
- Enter the total consumption of the selected fuel for the self-generation of steam in MWh. This excludes fuel consumed for steam generated in cogeneration or trigeneration plant.
MWh fuel consumed for self-generation of cooling (column 7)
- Enter the total consumption of the selected fuel for the self-generation of cooling in MWh. This excludes fuel consumed for cooling generated in cogeneration or trigeneration plant.
MWh fuel consumed for self-cogeneration or self-trigeneration (column 8)
- Enter the total consumption of the selected fuel for self-cogeneration or self-trigeneration in MWh.
Emission factor (column 9)
- You are encouraged to enter emission factors linked to the fuels selected such that these factors may be combined with the fuel consumption data to calculate total fuel related Scope 1 emissions from your organization.
- If you selected a fuel that is actually the sum of multiple fuels of the same description but having different emission factors, then you should provide the weighted average emission factor. This average should be weighted according to the amount of each constituent fuel consumed. The weighted emissions factor can be calculated by dividing the aggregate emissions from the selected fuel (i.e. of its constituent fuels) by the aggregate consumption of that fuel (i.e. of its constituent fuels).
- You are not required to convert your emission factor units into tCO2e per MWh. You select the relevant units in the dropdown.
- The selection of LHV or HHV should be consistent with the emission factor provided. If the unit provided (column 10) is emissions per unit of energy (e.g. MWh, GJ, Btu, etc.), then you should check your source to ensure that the emission factor aligns with LHV or HHV selected for that fuel. Otherwise these emission factors will not calculate to your organization’s emissions if combined with your fuel consumption data.
- Emissions from fuel combustion are mostly of CO2, but with smaller amounts of greenhouse gasses CH4 (Methane) and N2O (Nitrogen dioxide) also being emitted. You should include all three of these gasses in your emission factors in units of CO2e. If only CO2 factors are reported, then the comment column is available for explanation.
- Methane, Nitrogen dioxide and other greenhouse gasses are converted to CO2e using Global Warming Potential (GWP) values. These are updated periodically by the IPCC and are summarized for corporations in GHG Protocol GWP guidance.
- When converting, you should use the latest GWP values available (e.g. 28 for CH4). If you are not using the latest GWP values then the comment column is available for explanation.
- If you have used emission factors purchased from IEA, then you may not have the permissions to share these publicly. In these instances, you should not provide the emission factor number and instead insert the number -99 (i.e. negative 99) as the emission factor in column 2. This is a specialized identifier and outlines to data users that you have used emission factors purchased from IEA. In column 4 “Emission factor source” please name IEA as the source if you have used this source.
Emission factor source (column 11)
- Enter the reference you have used for the emission factor into this text field.
Comment (column 12) (optional)
- Any further information about the data provided may be entered here. For example, if an oxidation factor of less than 1 is applied, state the oxidization factor used.
Explanation of terms
- Excluding feedstocks: Fuels consumed as feedstocks are fuels that are not combusted for energy purposes. For example, naphtha and ethane are feedstocks that may be converted into petrochemical products such as ethylene, and should not be included. The steel industry is a special case because coke and fuel injectants consumed at the blast furnace serve as feedstocks and a source of energy. These fuels are considered feedstocks and should not be counted. However, all fuels consumed for energy, i.e. combusted, that are derived from fuel feedstocks, e.g. blast furnace gas, should be counted. Companies that consume fuel as feedstocks will have the opportunity to disclose these fuels in sector specific questions.
- Heating Value: Lower heating value (LHV) and Higher heating value (HHV), also known as net calorific value (NCV) and gross calorific value (GCV) respectively, are different measures of heat energy released from fuel combustion. Figures measured in HHV are larger because HHV includes the latent heat of water vaporization from combustion, whereas LHV does not. The difference between LHV and HHV is related to the fuel’s hydrogen content.
Additional information
Emission factors: As noted on page 44 of the GHG Protocol Corporate Standard, “direct measurement of GHG emissions by monitoring concentration and flow rate is not common.” Normally, direct measurement takes place only in facilities with Continuous Emission Monitoring Systems (CEMS), such as power plants. Instead of direct measurement, many companies calculate GHG emissions by applying documented emission factors to activity data (e.g. tons of coal consumed or cubic meters of natural gas burnt).
Emission factors are sometimes referred to as conversion factors. Activity data (e.g. cubic meters of natural gas) is multiplied by an emission factor to estimate the GHG emissions from the activity (e.g. combustion of natural gas). You may also find it useful to refer to emission factor databases compiled by organizations offering carbon calculation services. For additional advice on emissions factors, you may want to contact one of CDP’s partners. Emission factors may also be incorporated in the calculation tools that you use. Please note that emission factors should apply to the reporting year.
(C-CE8.2c) State how much fuel in MWh your organization has consumed (excluding feedstocks) by fuel for cement production activities.
Question dependencies
This question only appears if you select “Consumption of fuel” in C8.2 and a column appears in the table for each fuel application selected in C8.2b. The “Total MWh fuel consumed for cement production activities”, “MWh fuel consumed at the kiln” and “MWh fuel consumed for the generation of heat that is not used in the kiln” columns will always appear.
Change from 2019
No change
Rationale
Question C8.2c has been modified and represented here for the cement sector. This is to enable consistency of reporting across organizations with varying coverage over activities that may be separate from the cement sector or independent of the production activities defining the cement sector. Cement is also a highly energy intensive sector of industry, so it is important to represent the sector separately from outside activities.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Fuels (excluding feedstocks)
| Heating value |
Total MWh fuel consumed for cement production activities
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MWh fuel consumed at the kiln
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MWh fuel consumed for the generation of heat that is not used in the kiln
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MWh fuel consumed for the self-generation of electricity
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MWh fuel consumed for self-cogeneration or self-trigeneration
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Select from:
Acetylene; Agricultural Waste; Alternative Kiln Fuel (Wastes); Animal Fat; Animal/Bone Meal; Anthracite Coal; Asphalt; Aviation Gasoline; Bagasse; Bamboo; Basic Oxygen Furnace Gas (LD Gas); Biodiesel; Biodiesel Tallow; Biodiesel Waste Cooking Oil; Bioethanol; Biogas; Biogasoline; Biomass Municipal Waste; Biomethane; Bitumen; Bituminous Coal; Black Liquor; Blast Furnace Gas; Brown Coal Briquettes (BKB); Burning Oil; Butane; Butylene; Charcoal; Coal; Coal Tar; Coke; Coke Oven Gas; Coking Coal; Compressed Natural Gas (CNG); Condensate; Crude Oil; Crude Oil Extra Heavy; Crude Oil Heavy; Crude Oil Light; Diesel; Distillate Oil; Dried Sewage Sludge; Ethane; Ethylene; Fuel Gas; Fuel Oil Number 1; Fuel Oil Number 2; Fuel Oil Number 4; Fuel Oil Number 5; Fuel Oil Number 6; Gas Coke; Gas Oil; Gas Works Gas; GCI Coal; General Municipal Waste; Grass; Hardwood; Heavy Gas Oil; Hydrogen; Industrial Wastes; Isobutane; Isobutylene; Jet Gasoline; Jet Kerosene; Kerosene; Landfill Gas; Light Distillate; Lignite Coal; Liquefied Natural Gas (LNG); Liquefied Petroleum Gas (LPG); Liquid Biofuel; Lubricants; Marine Fuel Oil; Marine Gas Oil; Metallurgical Coal; Methane; Motor Gasoline; Naphtha; Natural Gas; Natural Gas Liquids (NGL); Natural Gasoline; Non-Biomass Municipal Waste; Non-Biomass Waste; Oil Sands; Oil Shale; Orimulsion; Other Petroleum Gas; Paraffin Waxes; Patent Fuel; PCI Coal; Peat; Pentanes Plus; Petrochemical Feedstocks; Petrol; Petroleum Coke; Petroleum Products; Pitch; Plastics; Primary Solid Biomass; Propane Gas; Propane Liquid; Propylene; Refinery Feedstocks; Refinery Gas; Refinery Oil; Residual Fuel Oil; Road Oil; SBP; Shale Oil; Sludge Gas; Softwood; Solid Biomass Waste; Special Naphtha; Still Gas; Straw; Subbituminous Coal; Sulphite Lyes; Tar; Tar Sands; Thermal Coal; Thermal Coal Commercial; Thermal Coal Domestic; Thermal Coal Industrial; Tires; Town Gas; Unfinished Oils; Vegetable Oil; Waste Oils; Waste Paper and Card; Waste Plastics; Waste Tires; White Spirit; Wood; Wood Chips; Wood Logs; Wood Pellets; Wood Waste; Other, please specify
| Select from:- LHV
- HHV
- Unable to confirm heating value
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Numerical field [enter a number from 0-9,999,999,999 using a maximum of 2 decimal places]
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Numerical field [enter a number from 0-9,999,999,999 using a maximum of 2 decimal places]
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Numerical field [enter a number from 0-9,999,999,999 using a maximum of 2 decimal places]
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Numerical field [enter a number from 0-9,999,999,999 using a maximum of 2 decimal places]
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Numerical field [enter a number from 0-9,999,999,999 using a maximum of 2 decimal places]
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[Add Row]
Requested content
General
- This question is based on question C8.2c but is sector specific. Energy consumed outside the cement sector should not be reported here.
- The boundary surrounding your organization in the cement sector shall hereby be referred to as the organizational/sector boundary. The sector boundary for energy consumption should align with the sector boundary for emissions, which is described in the guidance to question C-CE7.4. This boundary is aligned with the boundary used in the WBCSD's Cement Sustainability Initiative (CSI).
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- You should enter all fuels (excluding feedstocks) consumed by your organization in the reporting year. Therefore, the sum of fuels entered in column ‘Total MWh fuel consumed by the organization’ should equal the total consumption of fuel (excluding feedstock) in MWh (from renewable and non-renewable sources) reported in question C-CE8.2a.
- This table is for gross fuel consumption data only. You should not provide net consumption nor deduct for energy produced or exported from the organizational/sector boundary. Because feedstock fuels are excluded from this question, this approach should not lead to double counting.
- All fuel consumed for energy purposes inside the organizational/sector boundary should be included, regardless of whether the fuel was purchased or produced by the organization. If a fuel is consumed as a feedstock for the production of another fuel, then the feedstock should not be included, but combustion of the produced fuel should be included. Ultimately, if a fuel is combusted solely for energy purposes, then it should be included.
- Fuels consumed for generation are fuels consumed for ‘self-generation’. Self-generation means generation from inside the organizational/sector boundary. This includes all generation plant owned or controlled by the organization in the cement sector. Do not enter fuel consumed for the generation of purchased or acquired electricity, steam, heat, and/or cooling.
- If you select “Other, please specify”, provide a label for the fuel.
- If you do not have exact consumption data, you may alternatively estimate your company’s consumption by reviewing fuel and energy purchasing orders.
- If your raw data is in energy units other than MWh, such as Giga-Joules (GJ) or British Thermal Units (Btu), then you should convert to MWh. For example, 1 Giga-Joule (GJ) = 0.277778 MWh, so if your data is in GJ then should multiply your data by 0.277778. If your data is in million Btu, then you should multiply your data by 0.29307.
- If your raw data is in volume units, e.g. cubic feet or gallons, or in mass units, e.g. kilograms (kg) or pounds (lb), then you should convert to energy units using fuel heating/calorific values. These are available from numerous sources, some of which are listed below:
- IPCC Guidelines for National GHG Inventories (Volume 2, Table 1.2, p1.18-1.19)
- IPCC Guidelines for National GHG Inventories (Volume 3, chapter 4)
- EPA AP-42 (Annex A)
Heating value (column 2)
- All fuels should be reported consistently in either LHV or HHV.
- Your choice of HHV or LHV should be consistent with your choice in question C-CE8.2a.
- Higher heating value (HHV) is also known as gross calorific value (GCV), and lower heating value (LHV) is also known as net calorific value (NCV). Typically, LHV/HHV ratio is 0.95 for solid and liquid hydrocarbon fuels, such as coal and oil, and 0.9 for gaseous hydrocarbon fuels, such as natural gas.
- Fuel energy data in HHV is typically used in the United States and Canada, whereas LHV is more commonly the unit used in other countries and by international bodies. If you do not know the unit applicable to your raw data, you may wish to infer it based on the location from which the data is sourced, i.e. if the fuel related data is sourced from outside of the United States and Canada, then it is likely that LHV is applicable.
Total MWh fuel consumed for cement production activities (column 3)
- Enter the total fuel in MWh consumed by your organization in the reporting year for cement production activities. It should be equal to the sum of fuel consumed for the generation of electricity, heat (kiln and non-kiln), steam and/or cogeneration or trigeneration.
- Note that ‘cement production activities’ includes a wide coverage of activities including all relevant generation plant and ancillary activities, as well as the production processes themselves.
MWh fuel consumed at the kiln (column 4)
- Enter all kiln fuels in MWh consumed by your organization in the reporting year related to cement production activities.
MWh fuel consumed for the generation of heat that is not used in the kiln (column 5)
- Enter all non-kiln fuels consumed for direct heat purposes, i.e. not for the generation of electricity, steam or cogeneration.
MWh fuel consumed for the self-generation of electricity (column 6)
- Enter the total consumption of the selected fuel for the generation of electricity in MWh inside the sector boundary. This excludes fuel consumed for electricity generated in cogeneration plant.
- Make sure that you do not enter data for the electricity generated from these fuels. This table is for the consumption of the fuels themselves and aims to capture the energy content of the fuel used, not the energy content of the electricity generated from these fuels.
MWh fuel consumed for self-cogeneration or self-trigeneration (column 7)
- Enter the total consumption of the selected fuel for cogeneration or trigeneration in MWh inside the sector boundary.
Explanation of terms
-
Excluding feedstocks: Fuels consumed as feedstocks are fuels that are not combusted for energy purposes. For example, naphtha and ethane are feedstocks that may be converted into petrochemical products such as ethylene, and should not be included. The steel industry is a special case because coke and fuel injectants consumed at the blast furnace serve as feedstocks and a source of energy. These fuels are considered feedstocks and should not be counted. However, all fuels consumed for energy, i.e. combusted, that are derived from fuel feedstocks, e.g. blast furnace gas, should be counted. Companies that consume fuel as feedstocks will have the opportunity to disclose these fuels in sector specific questions.
-
Heating Value: Lower heating value (LHV) and Higher heating value (HHV), also known as net calorific value (NCV) and gross calorific value (GCV) respectively, are different measures of heat energy released from fuel combustion. Figures measured in HHV are larger because HHV includes the latent heat of water vaporization from combustion, whereas LHV does not. The difference between LHV and HHV is related to the fuel’s hydrogen content.
(C8.2d) Provide details on the electricity, heat, steam, and cooling your organization has generated and consumed in the reporting year.
Question Dependencies
This question only appears if you select “Generation of electricity, heat, steam, or cooling” in response to C8.2.
Change from 2019
Modified guidance (2019 C8.2e); Removed question for EU and FS only
Rationale
Many organizations generate their own electricity, steam, heat, and/or cooling. Bringing the generation of these secondary energy carriers inside the organizational boundary has the effect of reducing an organization’s Scope 2 emissions while increasing Scope 1 emissions. Because the scale of self-generation can be highly variable, this can create additional uncertainty for data users when comparing Scope 1 and 2 emissions across company samples or portfolios. CDP aims to alleviate this distorting factor by bringing transparency on the extent of self-generation by organizations.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Goal 12: Responsible consumption and production
Goal 13: Climate action
Response options
Please complete the following table:
Energy Carrier
|
Total Gross generation (MWh)
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Generation that is consumed by the organization (MWh)
|
Gross generation from renewable sources (MWh)
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Generation from renewable sources that is consumed by the organization (MWh)
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Electricity
|
Numerical field [enter a number from 0 to 999,999,999 using up to 2 decimal places and no commas]
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Numerical field [enter a number from 0 to 999,999,999 using up to 2 decimal places and no commas]
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Numerical field [enter a number from 0 to 999,999,999 using up to 2 decimal places and no commas]
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Numerical field [enter a number from 0 to 999,999,999 using up to 2 decimal places and no commas]
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Heat
|
|
|
|
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Steam
|
|
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Cooling
|
|
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|
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Requested content
General
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- If you do not have any activity then you should enter zero (0) in the relevant field.
- Enter all energy data in Mega-Watt-hours (MWh). Conversion factors from other energy units are available from a variety of online calculation tools, including from IEA and OnlineConversion.com, or from conversion tables such as those in EPA AP-42 (Annex A)
- Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh”.
- Nuclear power generation is not to be included for this question, as nuclear power is covered in more detail in questions for electric utilities.
- Fuel consumption data provided in C8.2c is split by their use in the generation of energy carriers that are also listed in this question, e.g. ‘fuel consumed for the generation of electricity’, with the exception of heat. The heat referred to in this question includes heat only where it can be measured in the form of transferrable mediums, e.g. hot water. In reality, the proportion of fuel combustion heat made available for use in applications (after losses) may be difficult to measure or would require detailed process monitoring equipment readings. You should only account for heat generated in transferable mediums, i.e. the forms of heat that may also be purchased or acquired from third parties (as listed in question C8.2a).
Total Gross generation (MWh) (column 2)
- Enter the total gross generation of electricity, heat, steam and/or cooling in MWh produced by facilities or installations inside your organizational boundary during the reporting year.
- Gross generation should be reported, where "Gross" covers the total output from all generating installations or facilities without deducting for electricity, steam, heat, or cooling used by the generating plant or facility for the purpose of the generation.
- Include electricity, heat, steam and/or cooling you produced from both renewable sources and non-renewables sources.
- Include electricity, heat, steam and/or cooling that you produced and did not consume, as well as the amount you did consume.
Generation that is consumed by the organization (MWh) (column 3)
- Enter the amount of your organization’s generation of electricity, heat, steam, and/or cooling in MWh that your organization has consumed in the reporting year.
- This column is a subset of column 2; the amount entered cannot be higher than the amount entered in column 2. If the entered amount is equal to the amount in column 2, then your organization consumed (or wasted) all of the electricity, steam, heat, or cooling that your organization generated.
Gross generation from renewable sources (MWh) (column 4)
- Enter the total gross generation of electricity, heat, steam and/or cooling in MWh produced from renewable sources by facilities or installations inside your organizational boundary during the reporting year.
- Include electricity, heat, steam and/or cooling that you produced from renewable sources and did not consume, as well as the amount you did consume.
Generation from renewable sources that is consumed by the organization (MWh) (column 5)
- Enter the amount of your organization’s generation of electricity, heat, steam, and/or cooling in MWh from renewable sources that your organization has consumed in the reporting year.
- This column is a subset of column 4; the amount entered cannot be higher than the amount entered in column 4. If the entered amount is equal to the amount in column 4, then your organization consumed all of the electricity, steam, heat, or cooling that your organization generated from renewable sources.
- For reporting self-generated renewable electricity in markets where using electricity tracking systems or certificates are mandatory, a company shall generate Energy Attribute Certificates (such as REC) for all of the electricity generation and retain the certificates for all electricity that it wishes to report as consumed. To prove self-generation and consumption of renewable electricity from a facility that is entirely off-grid, and only connected by a direct line to consumer, certificates need not be produced. Meter readings shall constitute sufficient proof of consumption. However, any certificates produced shall be also retained or retired by the consumer.
Explanation of terms
- Gross generation: covers the total output from all generating installations or facilities without deducting for amount of generated electricity, steam, heat or cooling used by those installations or facilities for the purpose of generation. Deducting this self-consumption of output gives the net generation. To avoid double-counting, consumption of one energy carrier to produce another within the same installation should not be included. For example, the generation of steam which is consumed in a steam turbine for the generation of electricity should not be included.
- Renewable energy
sources:
CDP follows
the definition of renewable energy given in the GHG Protocol, i.e. “energy
taken from sources that are inexhaustible, e.g. wind, water, solar, geothermal
energy and biofuels.”
(C-CE8.2d)
Provide details on the electricity and
heat your organization has generated and consumed for cement production
activities.
Question dependencies
This question only appears if you select “Generation of electricity, heat, steam, or cooling” in response to C8.2.
Change from 2019
No change (2019 C-CE8.2e)
Rationale
Question C8.2d has been modified and represented here for the cement sector. This enables consistency of reporting across organizations with varying coverage over activities that may be separate from the cement sector or independent of the production activities defining the cement sector.
Response options
Please complete the following table:
Energy carrier
|
Total gross generation (MWh) inside the cement sector boundary
|
Generation that is consumed (MWh) inside the cement sector boundary
|
Electricity
|
Numerical field [enter a number from 0-999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999 using a maximum of 2 decimal places]
|
Heat
|
|
|
Steam
|
|
|
Requested content
General
- This question is based on question C8.2d but is sector specific. Energy carriers generated from outside the cement sector should not be reported here.
- The boundary surrounding your organization in the cement sector shall hereby be referred to as the organizational/sector boundary. The sector boundary for energy consumption should align with the sector boundary for emissions, which is described in the guidance to question C-CE7.4. This boundary is aligned with the boundary used in the WBCSD's Cement Sustainability Initiative. (CSI).
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- If you do not have any activity then you should enter 0 (zero) in the relevant field.
- Enter all energy data in Mega-Watt-hours (MWh). Conversion factors from other energy units are available from a variety of online calculation tools, including from IEA and OnlineConversion.com, or from conversion tables such as those in EPA AP-42 (Annex A)
- Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh”.
- Nuclear power generation should not be included for this question, as nuclear power is covered in more detail in questions for electric utilities.
- Fuel consumption data provided in C-CE8.2c is split by their use in the generation of energy carriers that are also listed in this question, e.g. ‘fuel consumed for the generation of electricity’. Except the ‘heat’ referred to in this question includes heat only where it can be measured in the form of transferrable mediums, e.g. hot water. In reality, the proportion of fuel combustion heat made available for use in applications (after losses) may be difficult to measure or would require detailed process monitoring equipment readings. In this question, you are only expected to account for heat generated in transferable mediums, i.e. the forms of heat that may also be purchased or acquired from third parties (as listed in question C8.2a).
Total Gross generation (MWh) inside cement sector boundary (column 2)
- Enter the total gross generation of electricity, steam, and/or heat in MWh produced by facilities or installations inside your organizational/sector boundary during the reporting year.
- Include electricity, heat, and/or steam you produced from both renewable sources and non-renewables sources.
- Include electricity, heat, and/or steam that you produced and did not consume, as well as the amount you did consume.
Generation that is consumed by the organization (MWh) inside cement sector boundary (column 3)
- Enter the amount of your organization’s generation of electricity, steam, and/or heat in MWh that your organization has consumed for cement production activities in the reporting year.
- This column is a subset of column 2; the amount entered cannot be higher than the amount entered in column 2. If the entered amount is equal to the amount in column 2, then your organization consumed in the cement sector all of the electricity, steam, and/or heat that your organization generated in the cement sector.
Explanation of terms
- Gross generation: covers the total output from all generating installations or facilities without deducting for amount of generated electricity, steam, heat or cooling used by those installations or facilities for the purpose of generation. Deducting this self-consumption of output gives the net generation. To avoid double-counting, consumption of one energy carrier to produce another within the same installation should not be included. For example, the generation of steam which is consumed in a steam turbine for the generation of electricity should not be included.
(C-CH8.2d) Provide details on electricity, heat, steam, and cooling your organization has generated and consumed for chemical production activities.
Question dependencies
This question only appears if you select “Generation of electricity, heat, steam, or cooling” in response to C8.2.
Change from 2019
No change (2019 C-CH8.2e)
Rationale
Question C8.2d has been modified and represented here for the chemicals sector. This enables consistency of reporting across organizations with varying coverage over activities that may be separate from the chemicals sector or independent of the production activities defining the chemicals sector.
Response options
Please complete the following table:
Energy Carrier
|
Total gross generation (MWh) inside chemicals sector boundary
|
Generation that is consumed (MWh) inside chemicals sector boundary
|
Electricity
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Heat
|
|
|
Steam
|
|
|
Cooling
|
|
|
Requested content
General
- This question is based on question C8.2e but is sector specific. Energy carriers generated from outside the chemicals sector should not be reported here.
- The boundary surrounding your organization in the chemicals sector shall hereby be referred to as the organizational/sector boundary. The sector boundary for energy consumption should align with the sector boundary for emissions, which is described in the guidance to question C-CH7.4.
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- If you do not have any activity then you should enter 0 (zero) in the relevant field.
- Enter all energy data in Mega-Watt-hours (MWh). Conversion factors from other energy units are available from a variety of online calculation tools, including from IEA and OnlineConversion.com, or from conversion tables such as those in EPA AP-42 (Annex A)
- Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh.”
- Nuclear power generation should not be included for this question, as nuclear power is covered in more detail in questions for electric utilities.
- The proportion of fuel combustion heat made available for use in applications (after losses) may be difficult to measure or would require detailed process monitoring equipment readings. In this question, you are only expected to account for heat generated in transferable mediums, i.e. the forms of heat that may also be purchased or acquired from third parties (as listed in question C-CH8.2a).
Total gross generation (MWh) inside chemicals sector boundary (column 2)
- Enter the total gross generation of electricity, heat steam, and/or cooling in MWh produced by facilities or installations inside your organizational/sector boundary during the reporting year.
- Include electricity, heat, steam, and/or cooling you produced from both renewable sources and non-renewables sources.
- Include electricity, heat, steam, and/or cooling that you produced and did not consume, as well as the amount you did consume.
Generation that is consumed (MWh) inside chemicals sector boundary (column 3)
- Enter the amount of your organization’s generation of electricity, steam, and/or heat in MWh that your organization has consumed for chemicals production activities in the reporting year.
- This column is a subset of column 2; the amount entered cannot be higher than the amount entered in column 2. If the entered amount is equal to the amount in column 2, then your organization consumed in the chemicals sector all of the electricity, steam, and/or heat that your organization generated in the chemicals sector.
Explanation of terms
- Gross generation: covers the total output from all generating installations or facilities without deducting for amount of generated electricity, steam, heat or cooling used by those installations or facilities for the purpose of generation. Deducting this self-consumption of output gives the net generation. To avoid double-counting, consumption of one energy carrier to produce another within the same installation should not be included. For example, the generation of steam which is consumed in a steam turbine for the generation of electricity should not be included.
(C-EU8.2d) For your electric utility activities, provide a breakdown of your total power plant capacity, generation, and related emissions during the reporting year by source.
Question dependencies
This question only appears if you select “Yes” to “Generation of electricity, heat, steam, or cooling” in C8.2.
Change from 2019
Minor change (2019 C-EU8.2e); Modified guidance
Rationale
Climate change is a strategic issue for the electric utilities sector, as power generation is the single largest emitter of CO2, accounting for around 25% of global emissions. These emissions, mainly carbon dioxide, methane, and nitrous oxide, are mostly by-products of fossil fuels combustion. Therefore, CDP asks this question to provide data users with more transparency regarding electric utilities power generation activities and associated absolute emissions and emissions intensity.
Response options
Please complete the following table:
Power generation technology
|
Nameplate capacity (MW)
|
Gross electricity generation (GWh)
|
Net electricity generation (GWh)
|
Absolute Scope 1 emissions (metric tons CO2e)
|
Scope 1 emissions intensity (metric tons CO2e per GWh)
|
Comment
|
Coal – hard
|
Numerical field [enter a number from 0-999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0- 999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999 using a maximum of 3 decimal places]
|
Numerical field [enter a number from 0-9,999 using a maximum of 2 decimal places and]
|
Text field [maximum 2,400 characters]
|
Lignite
|
|
|
|
|
|
|
Oil
|
|
|
|
|
|
|
Gas
|
|
|
|
|
|
|
Biomass
|
|
|
|
|
|
|
Waste (non-biomass)
|
|
|
|
|
|
|
Nuclear
|
|
|
|
|
|
|
Fossil-fuel plants fitted with CCS
|
|
|
|
|
|
|
Geothermal
|
|
|
|
|
|
|
Hydropower
|
|
|
|
|
|
|
Wind
|
|
|
|
|
|
|
Solar
|
|
|
|
|
|
|
Marine
|
|
|
|
|
|
|
Other renewable
|
|
|
|
|
|
|
Other non-renewable
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
Requested content
General
- Report nameplate capacity by primary power generation sources owned or controlled by the company that fall within the reporting boundary that you selected in response to question C0.5.
- Based on that capacity, please report generation, absolute Scope 1 emissions and Scope 1 emissions intensity.
- You should report your preferred measure (gross or net) of generation. Though CDP encourages disclosure of both, reporting one measure is sufficient.
- Gross electricity generation is the total amount of electric energy produced by generating units and measured at the generating terminal.
- Net electricity generation is the amount of gross generation less the electrical energy consumed at the generating station(s) for station service or auxiliaries.
- Respond with a 0 (zero) value if you do not have operations using that power source to generate electricity.
- Biomass may be combusted on its own or co-fired with other fuels. Please provide aggregate data for the biomass that you combust on its own and biomass that you co-combust with other fuel sources.
- Waste can include tire-derived fuels and other refuse-derived fuels. When reporting in category ‘Waste (non-biomass)’, only report for the non-biomass fraction. The biomass fraction should be reported under biomass.
- Emissions intensity is provided in metric tons CO2e per GWh, which is equivalent to kgCO2e per MWh, or grams CO2e per kWh. For thermal generation from fossil fuels, emissions intensity typically falls inside the range 300-1200 metric tons CO2e per GWh.
- Hydropower does not include pumped storage which CDP regards as a form of managing or storing energy rather than primary generation.
- Other renewable” and “Other non-renewable” are aggregations of any other renewable and non-renewable energy generation technologies you use that are not listed.
- If parts of your organizations power plant capacity is comprised of multiple mixed small-scale generation technologies that are difficult to report by specific power generation technology, then these can be aggregated by renewable and non-renewable sources. The aggregated renewable sources figure can be reported in the row ‘Other renewable’ and the aggregated non-renewable sources figure can be reported in the row ‘Other non-renewable’. Please outline the approach used to determine this figure and the small-scale technologies included in the Comment column.
- If fully disclosed, the figures you report in the bottom row ‘Total’ of columns 2-5 should equal the sum of all above rows.
Explanation of terms
-
Renewable energy: CDP follows the definition of renewable energy given in the GHG Protocol: “Energy taken from sources that are inexhaustible, e.g. wind, water, solar, geothermal energy and biofuels.”
(C-MM8.2d) Provide details on the electricity, heat, steam, and cooling your organization has generated and consumed for metals and mining production activities.
Question dependencies
This question only appears if you select “Generation of electricity, heat, steam, or cooling” in response to C8.2.
Change from 2019
No change (2019 C-MM8.2e)
Rationale
Question C8.2d has been modified and represented here for the metals and mining sector. This enables consistency of reporting across organizations with varying coverage over activities that may be separate from the metals and mining sector or independent of the production activities defining the metals and mining sector.
Response options
Please complete the following table:
Energy Carrier | Total gross generation (MWh) inside metals and mining sector boundary | Generation that is consumed (MWh) inside metals and mining sector boundary |
Electricity | Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places] | Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places] |
Heat | | |
Steam | | |
Cooling | | |
Requested content
General
- This question is based on question C8.2d but is sector specific. Energy carriers generated from outside the metals and mining sector should not be reported here.
- The boundary surrounding your organization in the metals and mining sector shall hereby be referred to as the organizational/sector boundary. The sector boundary for energy consumption should align with the sector boundary for emissions, which is described in the guidance to question C-MM7.4.
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- If you do not have any activity then you should enter zero (0) in the relevant field.
- Enter all energy data in Mega-Watt-hours (MWh). Conversion factors from other energy units are available from a variety of online calculation tools, including from IEA and OnlineConversion.com, or from conversion tables such as those in EPA AP-42 (Annex A)
- Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh”.
- Nuclear power generation should not be included for this question, as nuclear power is covered in more detail in questions for electric utilities.
- The proportion of fuel combustion heat made available for use in applications (after losses) may be difficult to measure or would require detailed process monitoring equipment readings. In this question, you are only expected to account for heat generated in transferable mediums, i.e. the forms of heat that may also be purchased or acquired from third parties (as listed in question C-MM8.2a).
Total Gross generation (MWh) inside metals and mining sector boundary (column 2)
- Enter the total gross generation of electricity, heat, steam and/or cooling in MWh produced by facilities or installations inside your organizational/sector boundary during the reporting year.
- Include electricity, heat, steam, and/or cooling you produced from both renewable sources and non-renewables sources.
- Include electricity, heat, steam, and/or cooling that you produced and did not consume, as well as the amount you did consume.
Generation that is consumed by the organization (MWh) inside metals and mining sector boundary (column 3)
- Enter the amount of your organization’s generation of electricity, steam, and/or heat in MWh that your organization has consumed for metals and mining production activities in the reporting year.
- This column is a subset of column 2; the amount entered cannot be higher than the amount entered in column 2. If the entered amount is equal to the amount in column 2, then your organization consumed in the metals and mining sector all of the electricity, steam, and/or heat that your organization generated in the metals and mining sector.
Explanation of terms
- Gross generation: covers the total output from all generating installations or facilities without deducting for amount of generated electricity, steam, heat or cooling used by those installations or facilities for the purpose of generation. Deducting this self-consumption of output gives the net generation. To avoid double-counting, consumption of one energy carrier to produce another within the same installation should not be included. For example, the generation of steam which is consumed in a steam turbine for the generation of electricity should not be included.
(C-ST8.2d) Provide details on the electricity, heat, and steam your organization has generated and consumed for steel production activities.
Question dependencies
This question only appears if you select “Generation of electricity, heat, steam, or cooling” in response to C8.2.
Change from 2019
Minor change (2019 C-ST8.2e)
Rationale
Question C8.2d has been modified and represented here for the steel sector. This enables consistency of reporting across organizations with varying coverage over activities that may be separate from the steel sector or independent of the production activities defining the steel sector.
Response options
Please complete the following table:
Energy Carrier
|
Total Gross generation (MWh) inside steel sector boundary
|
Generation that is consumed by the organization (MWh) inside steel sector boundary
|
Electricity
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Heat
|
|
|
Steam
|
|
|
Requested content
General
- This question is based on question C8.2d but is sector specific. Energy carriers generated from outside the steel sector should not be reported here.
- The boundary surrounding your organization in the steel sector shall hereby be referred to as the organizational/sector boundary. The sector boundary for energy consumption should align with the sector boundary for emissions, which is described in the guidance to question C-ST7.4.
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- If you do not have any activity then you should enter 0 (zero) in the relevant field.
- Enter all energy data in Mega-Watt-hours (MWh). Conversion factors from other energy units are available from a variety of online calculation tools, including from IEA and OnlineConversion.com, or from conversion tables such as those in EPA AP-42 (Annex A)
- Further guidance on unit conversion is available in the following Technical Note: “Conversion of fuel data to MWh.”
- Nuclear power generation should not be included for this question, as nuclear power is covered in more detail in questions for electric utilities.
- The proportion of fuel combustion heat made available for use in applications (after losses) may be difficult to measure or would require detailed process monitoring equipment readings. In this question, you should only account for heat generated in transferable mediums, i.e. the forms of heat that may also be purchased or acquired from third parties (as listed in question C-ST8.2a).
Total Gross generation (MWh) inside steel sector boundary (column 2)
- Enter the total gross generation of electricity, heat, and/or steam in MWh produced by facilities or installations inside your organizational/sector boundary during the reporting year.
- Include electricity, heat, and/or steam you produced from both renewable sources and non-renewables sources.
- Include electricity, heat, and/or steam that you produced and did not consume, as well as the amount you did consume.
Generation that is consumed by the organization (MWh) inside steel sector boundary (column 3)
- Enter the amount of your organization’s generation of electricity, heat, and/or steam in MWh that your organization has consumed for steel production activities in the reporting year.
- This column is a subset of column 2; the amount entered cannot be higher than the amount entered in column 2. If the entered amount is equal to the amount in column 2, then your organization consumed in the steel sector all of the electricity, heat, and/or steam that your organization generated in the steel sector.
Explanation of terms
- Gross generation: covers the total output from all generating installations or facilities without deducting for amount of generated electricity, steam, heat or cooling used by those installations or facilities for the purpose of generation. Deducting this self-consumption of output gives the net generation. To avoid double-counting, consumption of one energy carrier to produce another within the same installation should not be included. For example, the generation of steam which is consumed in a steam turbine for the generation of electricity should not be included.
(C8.2e) Provide details on the electricity, heat, steam, and/or cooling amounts that were accounted for at a zero emission factor in the market-based Scope 2 figure reported in C6.3.
Question dependencies
This question only appears if you select “We are reporting a Scope 2, market-based figure” in response to C6.2.
Change from 2019
Modified question (2019 C8.2f); Removed question for EU and FS only
Rationale
This question provides investors and data users with more transparency regarding organizations’ active sourcing of low-carbon energy.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Goal 12: Responsible consumption and production
Goal 13: Climate action
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Sourcing method
|
Low-carbon technology type
|
Country/region of consumption of low-carbon electricity, heat, steam or cooling
|
MWh consumed accounted for at a zero emission factor
|
Comment
|
Select from:
- None (no purchases of low-carbon electricity, heat, steam or cooling)
- Power purchase agreement (PPA) with on-site/off-site generator owned
by a third party with no grid transfers (direct line)
- Power purchase agreement (PPA) with a grid-connected generator with
energy attribute certificates
- Power purchase agreement (PPA) with a grid-connected generator without
energy attribute certificates
- Green electricity products (e.g. green tariffs) from an energy supplier,
supported by energy attribute certificates
- Green electricity products (e.g. green tariffs) from an energy supplier,
not supported by energy attribute certificates
- Unbundled energy attribute certificates, Guarantees of Origin
- Unbundled energy attribute certificates, Renewable Energy Certificates
(RECs)
- Unbundled energy attribute certificates, International REC Standard (I-RECs)
- Unbundled energy attribute certificates, other - please specify
- Heat/steam/cooling supply agreement
- Other, please specify
|
Select from:
- Solar
- Wind
- Hydropower
- Nuclear
- Biomass
- Marine
- Geothermal
- Fossil-fuel plants fitted with CCS
- Low-carbon energy mix
- Other, please specify
|
Select from a drop-down list of countries and regions. Please see the Technical Note “Country and Regions”, for details around the available regions and their constituent countries
|
Numerical field [enter a number from 0 to 999,999,999,999 using up to 2 decimal places and no commas]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- Note that all purchases of low-carbon energy (as defined in the Explanation of terms) should be reported in this question, even if their associated emission factor is marginally above zero. Whereas most low-carbon technologies do not directly emit GHGs and are accounted for at a zero emission factor, some low-carbon technologies such as biomass and geothermal may have an emission factor that is low but above zero.
- The data reported in this question should be consistent with your response in C7.5.
Sourcing method (column 1)
- Select the option that best describes the sourcing method that you use for low-carbon electricity, heat, steam and cooling:
- None (no purchases of low-carbon electricity, heat, steam or cooling). Select this option if your company doesn’t actively purchase low-carbon electricity, heat, steam or cooling i.e. you do not have any contractual instruments (e.g. power purchase agreement, heat/steam supply agreement, energy attribute certificates, etc.) to claim low-carbon energy consumption.
- Power purchase agreement (PPA) with on-site/off-site generator owned by a third party with no grid transfers (direct line). This option includes low-carbon electricity produced from on-site/off-site installations owned and operated by a third party and delivered to the company via a direct line, with no grid transfers. The low-carbon electricity consumption claimed by a company using this option must be backed by a power purchase agreement with the generator owner/operator.
- Power purchase agreement (PPA) with a grid-connected generator with energy attribute certificates. A contract signed directly between the company consuming the electricity and a power generator. The contract ensures the purchase of electricity from a specific generator that is delivered through the local grid. The purchasing company retains and retires energy attribute certificates produced by the generator to claim the low-carbon electricity consumption.
- Power purchase agreement (PPA) with a grid-connected generator without energy attribute certificates. A contract signed between the company consuming the electricity and a power generator. The contract ensures the purchase of electricity from a specific generator that is delivered through the local grid. In this case, energy attribute certificates do not exist, or they are not created or sold.
- Green electricity products (e.g. green tariffs) from an energy supplier, supported by energy attribute certificates. Products offered by an energy supplier distinct from the “standard” offering. The supplier matches the electricity consumed by the company and it is delivered through the grid with low-carbon electricity produced or purchased from a variety of sources and projects, or a specified project or set of projects. The supplier purchases and retires energy attribute certificates on behalf of the company consuming the electricity.
- Green electricity products (e.g. green tariffs) from an energy supplier, not supported by energy attribute certificates. Products offered by an energy supplier distinct from the “standard” offering. The supplier matches the electricity consumed by the company and it is delivered through the grid with low-carbon electricity produced or purchased from a variety of sources and projects, or a specified project or set of projects. In this case, where no tracking systems are available, transfer of attributes is specified in a contract or via an alternative system that ensures claims are unique and there is no double counting of attributes.
- Unbundled energy attribute certificates, Guarantees of Origin. Energy attribute certificates, also known as electricity tracking instruments, are purchased through an energy supplier or other intermediaries. They are purchased as a separate stream from the electricity and exist only as the attributes of that electricity. The instruments are generated in accordance with the European Guarantee of Origin system.
- Unbundled energy attribute certificates, Renewable Energy Certificates (RECs). Energy attribute certificates, also known as electricity tracking instruments, are purchased through an energy supplier or other intermediaries. They are purchased as a separate stream from the electricity and exist only as the attributes of that electricity. The instruments are generated in accordance with the USA Renewable Energy Certificate (REC) system.
- Unbundled energy attribute certificates, International REC Standard (I-REC). A company buys I-RECs through its energy supplier or other intermediaries, as a separate stream from the electricity. The instruments are generated and tracked in accordance with the International REC Standard (I-REC). I-REC is intended for countries without an existing or reliable energy attribute tracking certificates outside the US, EU/EEA, and Australia.
- Unbundled energy attribute certificates, other - please specify. Energy attribute certificates not mentioned above such as Australian Large-scale generation certificates (LGCs), Non-Fossil Certificate (NFC’s) in Japan, T-RECs (Taiwan), TIGRs (international), etc. The name of certificates should be specified in the comment box.
- Heat/steam/cooling supply agreement. A contract signed between the company consuming the heat/steam/cooling and a supplier who provides low-carbon heat/steam/cooling.
- Other, please specify. Other contractual instruments not mentioned above that have been used to account for electricity, heat, steam or cooling at a zero emission factor may be reported if the instruments comply with the Scope 2 Quality Criteria of the GHG Protocol Scope 2 guidance. For more information on this refer to CDP Technical Note: Accounting of Scope 2 emissions.
Low-carbon technology type (column 2)
- Select the low-carbon technology type specified in the contractual instrument.
- If you have sourced low-carbon electricity of multiple technology types, you are encouraged to report them in separate rows. If you are unable to disaggregate by technology type, select “Low-carbon energy mix”.
- If you are buying green electricity products or any other instruments for blended electricity from various low-carbon sources, select “Low-carbon energy mix”.
- Please note that natural gas and fossil fuel-based combined heat and power (CHP) are not considered low-carbon technologies and should not be included here. For more information on CDP’s definition of low-carbon, please refer to the Explanation of terms.
Country/region of consumption of low-carbon electricity, heat, steam or cooling (column 3)
MWh consumed accounted for at a zero emission factor (column 4)
- Note that all purchases of low-carbon energy (as defined in the Explanation of terms) should be reported in this question, even if their associated emission factor is marginally above zero.
- Quantify how much electricity, heat, steam or cooling (in MWh) has been consumed in the reporting year that corresponds to the sourcing method selected in column 1.
Comment (column 5) (optional)
- You may provide an accompanying narrative to your disclosure.
- If you selected “Other, please specify” in column “Sourcing method” you may provide more details on the instruments you are reporting and explain why they comply with the Scope 2 Quality Criteria of the GHG Protocol Scope 2 guidance .
Explanation of terms
- Attribute: Descriptive or performance characteristics of a particular generation resource. For Scope 2 GHG accounting, the GHG emission rate attribute of the energy generation is required to be included in a contractual instrument in order to make a claim.
- Contractual instrument (or ‘instrument’): Any type of contract between two parties for the sale and purchase of energy bundled with attributes about the energy generation, or for unbundled attribute claims. Markets differ as to what contractual instruments are commonly available or used by companies to purchase energy or claim specific attributes about it, but they can include energy attribute certificates (e.g. RECs, GOs), direct contracts (PPAs), green tariffs and other instruments.
- Energy attribute certificate: A category of contractual instruments used in the energy sector to convey information about energy generation to other entities involved in the sale, distribution, consumption, or regulation of electricity.
- Unbundled energy attribute certificate: An energy attribute certificate that is separate, and may be traded separately, from the underlying energy produced.
- Low-carbon energy: in line with the IEA definition, low-carbon technologies are technologies that produce low – or zero – greenhouse-gas emissions while operating. In the power sector this includes fossil-fuel plants fitted with carbon capture and storage, nuclear plants and renewable-based generation technologies. Natural gas, combined cycle gas turbine and fossil fuel-based combined heat and power (cogeneration), despite being less carbon intensive than other means of electricity production like coal, are not considered low-carbon.
(C-TS8.2f) Provide details on the average emission factor used for all transport movements per mode that directly source energy from the grid.
Question dependencies
This question only appears if you select LDV or Rail in C-TO0.7/C-TS0.7.
Change from 2019
No change (2019 C-TS8.2h)
Rationale
Some alternatives to fossil-fuel based technologies use electrical energy sourced from the grid. The degree to which this replacement has climate benefits depends on the average grid emission factor used for the movements of these electric vehicles.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Category
|
Emission factor unit
|
Average emission factor: unit value
|
Comment
|
Select from:
|
Select from:
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- To understand the differences in emissions between fuel-based and electricity-based transport movements, it is important to be aware of the average emission factors of the electricity the company is sourcing.
- This question therefore asks for an average emission factor for all your owned transport movements in Scope 2. This does not include the emission factors of Scope 3 emissions for this year’s disclosure.
- If you do not have any transport movements that directly source energy from the grid you should specify this in the ‘Comment’ column (column 4), and columns 1, 2 and 3 should remain blank.
Category (column 1)
- This question is only asked to transport service companies who utilize rail transport or Light Duty Vehicle transport in their own or outsourced transport movements, and which will be presented to you if you selected LDV and/or Rail in response to C-TO0.7/C-TS0.7.
- While it is recognized that both Heavy Duty Vehicle (HDV) and shipping transportation has demonstrated the technical feasibility of electrified transport, this has not penetrated the market to a degree where an average company-level emission factor becomes relevant for the CDP disclosure. If your organization wishes to report on innovations in this area, please refer to C-TS9.3 and C-TS9.6
Emission factor unit (column 2)
- You may choose to report in either CO2 or CO2-equivalent for the emission factor.
Average emission factor: unit total (column 3)
- Provide the average emission factor for the transport movements that used electrical energy in the reporting year. This is a singular data point that averages the emission factor for all electrical energy purchased by your organization for the purposes of transporting goods and/or passengers.
- If you were unable to obtain primary data from the use phase of your vehicles and instead used assumed emission factors, please state in the Comment column what is the source of your Test Cycle Electrical Energy consumption factors, and whether or not you have used an uplift factor to compensate for the difference between real world and test conditions.
Comment (column 4) (optional)
- You may comment on any exclusions in the coverage of total Scope 2 emissions from transport movements for the calculation of this emission factor, and, if applicable, provide details for assumed emission factors.
- If you do not have any transport movements that directly source energy from the grid you should specify this here.
Explanation of terms
- gCO2/kWh: grams of carbon dioxide (gCO2) per kilowatt hour (kWh) of electricity consumed.
- gCO2e/kWh: grams of carbon dioxide equivalents (CO2e) emitted per kilowatt hour (kWh) of electricity consumed. CO2-equivalents allow for other Greenhouse Gases (GHGs) to be expressed in relation to CO2 based on their Global Warming Potentials (GWPs).
- Test cycle electrical energy consumption factor: the official test cycle results for certain vehicles, applicable to LDVs, that state the test-result vehicle efficiency.
- Uplift factor: As uplift factors vary over time, it is recommended that uplift factors relevant to the reporting year are used. For LDV emissions uplifts, see the following ICCT publication entitled "From Laboratory to Road: A 2016 update of official and ‘real-world’ fuel consumption and CO2 values for passenger cars in Europe”.
Feedstock consumption: Chemicals
(C-CH8.3) Does your organization consume fuels as feedstocks for chemical production activities?
Change from 2019
New question
Rationale
Consumption of energy as feedstock is unique to chemical sector. A large share of fuels used by the sector is not combusted but is consumed as raw material. The information requested in this and the following question provides transparency on the level of fuel feedstocks consumed by your organization.
Response options
Select one of the following options:
Requested content
General
- Select “Yes” if your organization consumes any types of fuels – fossil fuels (e.g. oil or natural gas) or renewable sources such as biomass – as feedstocks for the production of chemicals, regardless of whether the feedstock is purchased or produced by the organization.
Explanation of terms
- Feedstocks: Feedstocks are raw materials, ranging from fossil fuels to biomass-based resources. These materials are fed into a process, and converted into other commodities or resources, which are either used directly or further transformed. For example, in the steel industry, coking coal is converted to coke, which is used in the steel production. In the petrochemical industry, gaseous feedstocks (ethane, propane, or butane) are used to produce high value chemicals.
(C-CH8.3a) Disclose details on your organization’s consumption of fuels as feedstocks for chemical production activities.
Question dependencies
This question only appears if you select “Yes” in response to C-CH8.3.
Change from 2019
Minor change (2019 C-CH8.3)
Rationale
A significant proportion of fuels used in the chemicals industry are consumed as feedstocks. The information requested in this question provides transparency on the level of fuel feedstocks consumed by your organization, as well as on their inherent carbon dioxide emission factor. This can be useful for quality checking of your emissions disclosure in question C-CH7.4.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
Fuels used as feedstocks
|
Total consumption
|
Total consumption unit
|
Inherent carbon dioxide emission factor of feedstock, metric tons CO2 per consumption unit
|
Heating value of feedstock, MWh per consumption unit
|
Heating value
|
Comment
|
Select from:
- Anthracite
- Coal
- Lignite
- Coke
- Patent fuel / BKB
- Petroleum coke
- Diesel oil
- Gas oil
- Heavy fuel oil
- Oil shale
- Gasoline
- White Spirit / SBP
- Lubricants
- Naphtha
- Special Naphtha
- Propane liquid
- Propane gas
- Ethane
- Butane
- LPG
- Refinery gas
- Natural gas
- Solid biofuel
- Liquid biofuel
- Waste biofuel
- Biogas
- Other, please specify
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Select from:
- metric tons
- thousand metric tons
- thousand pounds
- barrels
- thousand barrels
- gallons
- thousand gallons
- million gallons
- liters
- thousand liters
- million liters
- cubic feet
- thousand cubic feet
- million cubic feet
- cubic metres
- thousand cubic metres
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Select from:
- LHV
- HHV
- Unable to confirm heating value
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- All fuel feedstocks (feedstocks that can also be fuels) consumed inside the organizational/sector boundary should be included, regardless of whether the feedstock was purchased or produced by the organization. For example, organizations owning refineries can use their own petrochemical feedstocks (e.g. naphtha) or purchase these feedstocks from third parties.
- Note that this question requests only fuel feedstocks; non-fuel chemical feedstocks such as sulphuric acid, soda ash, lime etc, should not be reported.
Feedstocks (column 1)
- The response options provided include the fuels that are most commonly used as feedstocks in the chemical sector.
- If the fuel used as a feedstock by your organization is not listed, select “Other, please specify,” and specify the feedstock.
Total consumption (column 2)
- Enter the physical value of total consumption of the feedstock selected inside the chemicals sector boundary in the reporting year.
Total consumption unit (column 3)
- Selecting the units from the drop-down used to measure the total consumption value of the selected feedstock.
Inherent carbon dioxide emission factor of feedstock, metric tons CO2 per consumption unit (column 4)
- Enter the inherent carbon dioxide emission factor, in metric tons CO2 per consumption unit (selected in column 3). Inherent carbon dioxide emission factor is strictly defined as the feedstock’s carbon content (by mass,) multiplied by the molecular ratio between carbon dioxide and carbon (CO2 = C × 44 / 12). If carbon content data is unavailable, then you can use the feedstock’s CO2 emission factor assuming 100% combustion (oxidation factor = 1).
Heating value of feedstock, MWh per consumption unit (column 5)
- You should respond by entering the heating value of the feedstock in MWh per consumption unit (selected in column 3).
- If your raw data is in energy units other than MWh, such as Giga-Joules (GJ) or British Thermal Units (Btu), then you should convert to MWh. For example, 1 Giga-Joule (GJ) = 0.277778 MWh, so if your data is in GJ then should multiply your data by 0.277778. If your data is in million Btu, then you should multiply your data by 0.29307.
Heating value (column 6)
- You should respond by selecting either LHV or HHV. This relates to the value you provided in column 6.
- Higher heating value (HHV) is also known as gross calorific value (GCV), and lower heating value (LHV) is also known as net calorific value (NCV). Typically, LHV/HHV ratio is 0.95 for solid and liquid hydrocarbon fuels, such as coal and oil, and 0.9 for gaseous hydrocarbon fuels, such as natural gas.
Comment (column 7) (optional)
- Provide any other relevant information such as the nature of the feedstock’s use and approximate level of oxidation.
Explanation of terms
-
Feedstocks: Feedstocks are raw materials, ranging from fossil fuels to biomass-based resources. These materials are fed into a process, and converted into other commodities or resources, which are either used directly or further transformed. For example, in the steel industry, coking coal is converted to coke, which is used in the steel production. In the petrochemical industry, gaseous feedstocks (ethane, propane, or butane) are used to produce high value chemicals.
(C-CH8.3b) State the percentage, by mass, of primary resource from which your chemical feedstocks derive.
Question dependencies
This question only appears if you select “Yes” in response to C-CH8.3.
Change from 2019
Minor change (2019 C-CH8.3a)
Rationale
The chemicals sector is reliant on substantial amount of feedstock which are fossil fuels or are derived from fossil fuels. Data users are interested in understanding your organization’s reliance on fossil fuels and the extent to which your organization has shifted to bio-based feedstocks.
Response options
Please complete the following table:
Feedstock source
|
Percentage of total chemical feedstock (%)
|
Oil
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Natural Gas
|
|
Coal
|
|
Biomass
|
|
Waste (non-biomass)
|
|
Fossil fuel (where coal, gas, oil cannot be distinguished)
|
|
Unknown source or unable to disaggregate
|
|
Requested content
General
- Complete this table for each of the primary feedstock sources consumed, directly or indirectly, by your organization for chemical production activities.
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- If you do not use any of the feedstocks listed in column 1, and as such that feedstock does not constitute a percentage of your total chemical feedstock, enter a 0 (zero) in the relevant row in column 2.
- Negative numbers are not allowed.
Percentage of total chemical feedstock (%) (column 2)
- Enter the percentage of the total consumption of feedstock, by the ultimately derived primary resources listed in column 1.
- Starting with the consumed feedstock, which may be a purchased feedstock or one produced upstream by the organization, determine the percentage split by primary resource and aggregate for all feedstock consumption. See ‘Example response’ for further information.
- If you are unable to disaggregate by fossil fuel type, then enter the percentage in the row ‘Fossil fuel (where coal, gas, oil cannot be distinguished).’ This may be useful if you know that the feedstock is ultimately a feedstock derived from fossil fuels and is not a bio-based feedstock or derived from wastes.
Example response
Worked examples of calculation of percentage of chemical feedstocks
- A petrochemicals company purchases naphtha. This naphtha is 100% derived from petroleum oil. The company also purchases ethane which is 100% derived from natural gas, and a blended bio-based feedstock derived 75% from biomass and 25% from oil. The consumption of these feedstocks in the reporting year on a mass basis is 55% naphtha, 35% ethane, and 10% bio-based blend. The final % mix is as follows:
Oil = 100% × 55% + 25% × 10% = 57.5%
Natural Gas = 100% × 35% = 35%
Biomass = 75% × 10% = 7.5%
Note: As these three elements constitute total feedstock consumption, their sum is 100%.
Feedstock source
|
Percentage of total chemical feedstock (%)
|
Oil
|
57.5
|
Natural Gas
|
35
|
Coal
|
0
|
Biomass
|
7.5
|
Waste (non-biomass)
|
0
|
Fossil Fuel (where coal, gas, oil cannot be distinguished)
|
0
|
Unknown source or unable to disaggregate
|
0
|
- In another example, a company purchases a fully coal derived chemical Feedstock A, and Feedstock B, which incorporates an ingredient which is itself 90% derived from Oil and 10% from non-fossil fuel sources. The ingredient makes up 82% of the feedstock by mass, with the remainder deriving from unknown sources. Feedstock A makes up 25% of total feedstock tonnage consumed in the reporting year, with the remaining 75% made up of Feedstock B. The final % mix is as follows:
Coal = 100% × 25% = 25%
Oil = 82% × 90% × 75% = 55.35%
Note: The unknown element of Feedstock B is the remaining percentage (100 – 55.35 – 25 = 19.65%), and may be entered in the last row).
Feedstock source | Percentage of total chemical feedstock (%) |
---|
Oil
| 55.35
|
Natural Gas
| 0
|
Coal
| 25
|
Biomass
| 0
|
Waste (non-biomass) | 0
|
Fossil Fuel (where coal, gas, oil cannot be distinguished)
| 0
|
Unknown source or unable to disaggregate
| 19.65
|
- In a third example, a company purchases numerous feedstocks all produced by a supplier at their integrated refineries. Based on the product information available, or on request, the company can confirm that these feedstocks are fossil fuel based. The same company purchases coal and bio-liquids for other chemicals production processes. From the total mass of feedstock consumed, 60% is purchased from the refiner, 27% is coal, and the remaining 13% is bio-liquids. The final % mix is as follows:
Feedstock source | Percentage of total chemical feedstock (%) |
---|
Oil
| 0
|
Natural Gas
| 0
|
Coal
| 27
|
Biomass
| 13
|
Waste (non-biomass) | 0
|
Fossil Fuel (where coal, gas, oil cannot be distinguished)
| 60
|
Unknown source or unable to disaggregate
| 0
|
Feedstock consumption: Steel
(C-ST8.3) Disclose details on your organization’s consumption of feedstocks for steel production activities.
Change from 2019
No change
Rationale
The steel sector is largely dependent on carbon-based feedstocks, which act as chemical agents in the reduction of iron ore. It is also common for steel companies to consume coal as a feedstock in the production of coke. These feedstocks are consumed in large quantities and represent a significant depletion of natural resources. Furthermore, they are the source of by-product gasses, which are subsequently combusted, releasing greenhouse gas emissions. As such, data users are interested in the specification of carbon and energy content of these feedstocks, their consumption, and the consumption of non-carbon based reducing agents.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Feedstocks
|
Total consumption
|
Total consumption unit
|
Dry or wet basis?
|
Inherent carbon dioxide emission factor of feedstock, metric tons of CO2 per consumption unit
|
Heating value of feedstock, MWh per consumption unit
|
Heating value
|
Comment
|
Select from:
- Coal
- Coking coal
- Blast furnace coal
- Coke
- Fuel oil
- Natural gas
- Coke oven gas
- Blast furnace gas
- Hydrogen
- Charcoal
- Other biomass
- Liquid biofuel
- Biogas
- Biomass waste
- Non-biomass waste
- Other, please specify
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Select from:
- metric tons
- thousand metric tons
- thousand pounds
- barrels
- thousand barrels
- gallons
- thousand gallons
- million gallons
- liters
- thousand liters
- million liters
- cubic feet
- thousand cubic feet
- million cubic feet
- cubic metres
- thousand cubic metres
|
Select from:
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Select from:
- LHV
- HHV
- Unable to confirm heating value
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- Figures you provide should be for the reporting year only (as defined by your answer to C0.2).
- All fuel feedstocks (feedstocks that can also be fuels) consumed inside the organizational/sector boundary should be included, regardless of whether the feedstock was purchased or produced by the organization. For example, coking coal consumed at coke ovens may have been purchased or mined by your organization. Equally, coke at the blast furnace may have been purchased or produced in coke ovens owned by your organization.
- The sector boundary should align with the sector boundary for emissions, which is described in the guidance to question C-ST7.4.
- Because feedstocks specified are fuel feedstocks, this excludes non-fuel feedstocks such as limestone, sinter, iron ore, etc. All fuels that serve as a reducing agent, or have another function other than just heat provision, are considered feedstocks and should be included.
- If your organization has consumed a feedstock listed but only for heat provision, e.g. coke for process heat at the sinter plant, then it should not be included.
Feedstocks (column 1)
- Select relevant feedstocks used for steel production activities (inside the steel sector boundary).
- If you select “Other, please specify”, provide a label for the Feedstocks.
Total consumption (column 2)
- You should respond by entering the physical value of total consumption of the feedstock selected inside the steel sector boundary in the reporting year.
Total consumption unit (column 3)
- You should respond by selecting the units from the drop-down used to measure the total consumption value of the selected feedstock.
Dry or wet basis? (column 4)
- An expression in which the presence of water is ignored. The water fraction is ignored as the removal or addition of water are common processing steps. Expression of composition on a dry basis is to remove these effects.
- An expression in which the water fraction of the solution or substance is considered.
Inherent carbon dioxide emission factor of feedstock, metric tons CO2 per consumption unit (column 5)
- You should respond by entering the inherent carbon dioxide emission factor by metric tons CO2 per consumption unit (selected in column 3).
- Inherent carbon dioxide emission factor is strictly defined as the feedstock’s carbon content (by mass), multiplied by the molecular ratio between carbon dioxide and carbon (CO2 = C × 44 / 12). If carbon content data is unavailable, then you can use the feedstock’s CO2 emission factor assuming 100% combustion (oxidation factor = 1).
Heating value of feedstock, MWh per consumption unit (column 6)
- You should respond by entering the heating value of the feedstock in MWh per consumption unit (selected in column 3).
- If your raw data is in energy units other than MWh, such as Giga-Joules (GJ) or British Thermal Units (Btu), then you should convert to MWh. For example, 1 Giga-Joule (GJ) = 0.277778 MWh, so if your data is in GJ then you should multiply your data by 0.277778. If your data is in million Btu, then you should multiply your data by 0.29307.
Heating value (column 7)
- You should respond by selecting either LHV or HHV. This relates to the value you provided in column 6.
- Higher heating value (HHV) is also known as gross calorific value (GCV), and lower heating value (LHV) is also known as net calorific value (NCV). Typically, LHV/HHV ratio is 0.95 for solid and liquid hydrocarbon fuels, such as coal and oil, and 0.9 for gaseous hydrocarbon fuels, such as natural gas.
Comment (column 8) (optional)
- The purpose of requesting the inherent carbon dioxide emission factor of your feedstock is to provide transparency on the level of carbon feedstocks consumed by your organization in the steel sector. This can be useful for quality checking your emissions disclosure in question C-ST7.4. As such, you are encouraged to provide comments on the nature of the feedstock’s use and approximate level of oxidation in this column.
- Provide any other relevant information.
Explanation of terms
-
Feedstocks: Feedstocks are raw materials, ranging from fossil fuels to biomass-based resources. These materials are fed into a process, and converted into other commodities or resources, which are either used directly or further transformed. For example, in the steel industry, coking coal is converted to coke, which is used in the steel production. In the petrochemical industry, gaseous feedstocks (ethane, propane, or butane) are used to produce high value chemicals.
Transmission and distribution
(C-EU8.4) Does your electric utility organization have a transmission and distribution business?
Change from 2019
No change
Rationale
Transmission and distribution companies play an important role in enabling the transition to low-carbon electricity systems. Transmission and distribution systems also have significant energy losses. Therefore, data users are interested in what transmission and distribution companies are doing to reduce their own carbon footprint (energy losses) and the carbon footprint of the grids they operate (grid decarbonization).
Response options
Select one of the following options:
Requested content
General
- Select "Yes" if your organization has a transmission and/or distribution business.
- Transmission (high voltage) relates to transmitting electric power from generation plants in high-voltage (e.g. 230 kilovolts [kV] up to 765 kV) to distribution substations. The transmission system is configured as a network, meaning that power has multiple paths to follow from the generator to the distribution substation.
- Distribution (low voltage) is the lower-voltage electrical distribution of power from distribution substations to final customer, usually below 35kV. In contrast to the transmission system, the distribution system usually is radial, meaning that there is only one path from the distribution substation to a given consumer.
Explanation of terms
- Distribution: The delivery of electricity to retail customers (including homes, businesses, etc.). Distribution (low voltage) is the lower-voltage electrical distribution of power from distribution substations to final customer, usually below 35kV. In contrast to the transmission system, the distribution system usually is radial, meaning that there is only one path from the distribution substation to a given consumer.
- Transmission: The movement or transfer of electricity over an interconnected group of lines and associated equipment between points of supply and points at which it is transformed for delivery to consumers or is delivered to other electric systems. Transmission (high voltage) relates to transmitting electric power from generation plants in high-voltage (e.g. 230 kilovolts [kV] up to 765 kV) to distribution substations. The transmission system is configured as a network, meaning that power has multiple paths to follow from the generator to the distribution substation.
(C-EU8.4a) Disclose the following information about your transmission and distribution business.
Question dependencies
This question only appears if you select “Yes” in response to C-EU8.4.
Change from 2019
Modified question
Rationale
A set of quantitative disclosures is put forward that allows electric utility organizations with a transmission and distribution business(s) to characterize their grid operations. These companies often operate within strict regulatory and contractual clauses, and therefore are provided with the opportunity to provide a narrative description to explain such instances.
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Country/region
|
Voltage level
|
Annual load (GWh)
|
Annual energy losses (% of annual load)
|
Scope where emissions from energy losses are accounted for
|
Select from:
Country/region drop-down list
|
Select from:
- Transmission (high voltage)
- Distribution (low voltage)
|
Numerical field [enter a number from 0 - 999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0 - 999,999 using a maximum of 2 decimal places]
|
Select from:
- Scope 1
- Scope 2 (location-based)
- Scope 2 (market-based)
|
Emissions from energy losses (metric tons CO2e)
|
Length of network (km)
|
Number of connections
|
Area covered (km2)
|
Comment
|
Numerical field [enter a number from 0-100 using a maximum of 3 decimal places]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- Transmission (high voltage) relates to transmitting electric power from generation plants in high-voltage (e.g. 230 kilovolts [kV] up to 765 kV) to distribution substations. The transmission system is configured as a network, meaning that power has multiple paths to follow from the generator to the distribution substation.
- Distribution (low voltage) is the lower-voltage electrical distribution of power from distribution substations to final customer, usually below 35kV. In contrast to the transmission system, the distribution system usually is radial, meaning that there is only one path from the distribution substation to a given consumer.
- If applicable, you should disclose the transmission and/or distribution related information from both your subsidiaries who are solely transmission and/or distribution and subsidiaries who provide both generation and transmission and/or distribution.
Country/Region (column 1)
- Select from the drop-down list the countries/regions in which your organization has transmission and distribution (T&D) activities.
Voltage level (column 2)
- Select whether you are reporting for transmission (high voltage) or distribution (low voltage) activities.
Annual load (GWh) (column 3)
- Annual load, or system load, is the annual electricity delivered to the grid system by generating units expressed in GWh.
Annual energy losses (% of annual load) (column 4)
- Transmission or distribution losses, are the difference between system load and energy delivered to distribution grids/consumer, expressed as a percentage per energy delivered to the grid.
- This figure provides a measure of the power dissipated in the form of useless heat through the grid. They are also called “technical losses” and depend on the network characteristics and the mode of operation.
Scope where emissions from energy losses are accounted for (column 5)
- Indicate where emissions from T&D losses are accounted for in you inventory. In markets where the utility owns the generation assets and the T&D infrastructure, the utility would account for T&D losses in Scope 1. If the utility is a separate entity from power generating assets, the emissions from T&D losses would fall under Scope 2.
- If your T&D losses are accounted for in Scope 2, select an option – location-based or market-based – consistent with your method of Scope 2 accounting reported in C6.2. If market-based approach is not applicable to your company, you need to provide a location-based figure.
Emissions from energy losses (metric tons CO2e) (column 6)
- Negative numbers are not allowed as reporting needs to be gross, not net figures.
- Emission figures should be for the reporting year only.
- For more information about CDP’s current recommendations on what emission factor to use for electricity accounting, where you can find emission factors and the different types there are, please check the Technical Note “Accounting of Scope 2 emissions.” Please also note that electricity produced by either CH4 and N2O is to be included in the emission factor.
- For further information, please also see GHG Protocol Scope 2 Guidance.
- For more detailed information beyond what is provided in this guidance and technical annexes, consult your carbon advisor, or verifier/assurer.
Length of network (km) (column 7)
- Length of network (km) is the total length of the routes, not cables, between different points of the network in kilometers.
Number of connections (column 8)
- This is the number of connections in the network, either at supply side or delivery point and interconnections.
Area covered (km2) (column 9)
- This is the area serviced by the transmission or distribution network, expressed in kilometer squared.
Capital goods efficiency metrics
(C-CG8.5) Does your organization measure the efficiency of any of its products or services?
Change from 2019
New question
Rationale
Energy efficiency will be key to achieving the International Energy Agency’s below 2-degree scenario as global energy demand grows. Since this sector produces the technology that will allow end-markets to achieve their own efficiency goals, data users are interested in whether companies are measuring and improving the efficiency of their products and services.
Response options
Please complete the following table:
Measurement of product/service efficiency | Comment |
---|
Select from: - Yes
- No, but we plan to start doing so within the next two years
- No, and we do not plan to start doing so within the next two years
| Text field [maximum 2,400 characters] |
Requested content
General
- Select “Yes” if you measure the efficiency of any of your products of services. You will then be requested to provide further details in the following question.
Comment (column 2) (optional)
- If you do not measure the efficiency of any of your products or services, you may wish to explain why not and/or explain your plan to start doing so in the future.
(C-CG8.5a) Provide details of the metrics used to measure the efficiency of your organization's products or services.
Question dependencies
This question only appears if you select “Yes” in response to C-CG8.5.
Change from 2019
New question
Rationale
In line with the TCFD recommendations, the efficiency levels achieved by organizations in this sector provide investors with an indication of the vulnerability of the product portfolio to transition risk and thus the earning capacity of the organization. This question provides data users with information on the metrics companies are using to measure the efficiency of their products and services, including the proportion of the total product range measured.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Category of product or service
|
Product or service (optional)
|
% of revenue from this product or service in the reporting year
|
Efficiency figure in the reporting year
|
Metric numerator
|
Metric denominator
|
Comment
|
Select from:
- Agriculture, construction & mining machinery
- Batteries (including fuel cells)
- Heating & cooling systems
- Industrial machinery
- Power generation equipment
- Power transmission, transformation and distribution equipment
- Power tools
- Solar energy equipment
- Stationary generators
- Other, please specify
|
Text field [maximum 500 characters]
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 10 decimal places]
|
Select from:
- GJ
- Btu
- watt-hour
- megawatt hour (MWh)
- tCO2
- tCO2e
- liter
- metric ton
- kg
- amp-hour
- %
- Other, please specify
|
Select from:
- kilometer
- square meter
- square foot
- watt-hour
- megawatt hour (MWh)
- metric ton of product
- unit hour worked
- unit of production
- unit of service provided
- unit revenue
- USD($) value-added
- Not applicable
- Other, please specify
|
Text
field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- Metrics reported should be for the products and/or services sold in the reporting period.
Category of product or service (column 1)
- Select the option from the drop-down list that best describes the type of product or service you would like to provide data for.
- Note that these are broad categories only – you may optionally provide a more specific description of the product or service in column 2.
Product or service (optional) (column 2)
- If you wish to do so, state the product or service you would like to provide data for.
% of revenue from this product or service in the reporting year (column 3)
- Enter the proportion of your total revenue from capital goods sector activities that the measured product or service generated in the reporting year. Do not include products and/or services outside of the capital goods sector boundary in this calculation.
- E.g. If you are providing efficiency data for a product which generated 10% of your total revenue from all capital goods-related products and services in the reporting year, enter 10 here.
- Note that entering a value of 100 indicates that the measured product or service generated 100% your revenue from products or services in the reporting year.
Efficiency figure in the reporting year (column 4)
- Enter the numerical value used to quantify the efficiency metric for the product or service, relating to the metric numerator and denominator.
- E.g. If you measure the efficiency of the cooling equipment that you produce as a ratio of total cooling output (e.g. in Btu) to the total electric energy input (e.g. in watt-hours), and the efficiency figure in the reporting year is 15 Btu/Wh, enter 15 here.
Metric numerator (column 5)
- Select the relevant numerator for your efficiency metric.
- E.g. In the example provided above, the numerator was Btu.
Metric denominator (column 6)
- Select the relevant denominator for your efficiency metric.
- E.g. In the example provided above, the denominator was watt-hour.
Comment (column 7) (optional)
- You can use this column to provide any additional explanation necessary to capture the full complexity of the efficiency metric stated.
- If you used any relevant existing standards and/or methodologies, you may wish to mention them here.
Additional information
Note on capital goods sector activities
When calculating revenue in this question, CDP encourages you to identify and remove specific revenue streams that are not necessarily a part of the sector. CDP broadly defines the capital goods sector as organizations that produce products or services relating to agricultural, construction & mining machinery, batteries, electrical equipment, industrial machinery, solar energy equipment, or other renewable energy equipment.
Transport-related energy efficiency metrics
(C-TO8.5) Provide any efficiency metrics that are appropriate for your organization’s transport products and/or services.
Change from 2019
Minor change (2019 C-TO8.4)
Rationale
Efficiency metrics are the primary way through which transport sector companies can measure the energy efficiency of their vehicles across modes of transportation. Various primary metrics exist as standards for different modes of transport, and sector experts and relevant data users will be able to use this information to compare the company’s overall efficiency.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Activity
|
Metric figure
|
Metric numerator
|
Metric denominator
|
Metric numerator: Unit total
|
Metric denominator: Unit total
|
% change from previous year
|
Please explain
|
Select from: Drop-down options determined by transport modes selected in C-TO0.7/C-TS0.7
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 10 decimal places]
|
Select from:
LDV
- gCO2
- gCO2e
- tCO2
- tCO2e
- MWh
- Other, please specify
HDV
- gCO2
- gCO2e
- tCO2
- tCO2e
- MWh
- Other, please specify
Rail
- gCO2
- gCO2e
- tCO2
- tCO2e
- MWh
- Other, please specify
Marine
- gCO2
- gCO2e
- tCO2
- tCO2e
- MWh
- Other, please specify
Aviation
- gCO2
- gCO2e
- tCO2
- tCO2e
- MWh
- Other, please specify
|
Select from:
LDV
- Production: Vehicle
- Use phase: Vehicle.km
- Use phase: Vehicle.mile
- Life cycle (please explain assumptions)
- Other, please specify
HDV
- Production: Vehicle
- Use phase: Vehicle.km
- Use phase: Vehicle.mile
- Life cycle (please explain assumptions)
- Other, please specify
Rail
- Production: Vehicle (locomotive)
- Production: Vehicle (train car)
- Production: Other, please specify
- Use phase: please specify
- Life cycle, please specify
- Financial: Revenue-ton.km
- Financial: Revenue-ton mile
- Other, please specify
Marine
- Production: Specific vessel unit, please specify
- Use phase, please specify
- Life cycle, please specify
- Financial: Revenue-ton.km
- Financial: Revenue-ton.mile
- Financial: Revenue-ton.nautical mile
- Other, please specify
Aviation
- Production: Aircraft
- Production: Other, please specify
- Use phase, please specify
- Life cycle, please specify
- Financial: Revenue-ton.km
- Financial: Revenue-ton.mile
- Financial: Revenue per ASK (RASK)
- Financial: Revenue per ASM (RASM)
- Other, please specify
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas
|
Percentage field [enter a percentage from -999 - 999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
Note for Rail: Please specify, if reporting on production, the nature of the standardized vehicle used for this calculation.
|
[Add Row]
Requested content
General
- Disclose any metrics outside of the primary intensity metrics in C-TO7.8 (tCO2e per unit of transportation (passenger or ton) per unit of distance (km or mile). CDP recognizes that many other metrics are standardized across the transportation sector, such as for example measuring CO2 emissions per vehicle, per unit of distance (tCO2e/vehicle.km). Responders are invited to disclose all those metrics in this table question, by adding a row for every reported metric.
- Metrics reported, using the associated metric numerators and denominators (presented in columns 3 and 4, respectively), should be for the current reporting period (as defined by your answer to CO.2).
- When reporting “% change from last year” (column 7), the timeline used should be the 12-month period directly prior to the reporting period (as defined by your answer to C0.2), even if it does not completely overlap with the period previously reported to CDP.
- Aside from in “% change from last year field” (column 7), negative numbers should not be inserted.
Activity (column 1)
- Select the activity that you would like to provide data for.
- Activity modes presented in drop-down options are determined by transport modes selected in response to C-TO0.7/C-TS0.7.
Metric figure (column 2)
- Enter the numerical value used to quantify the efficiency metric appropriate for your organization’s products and/or services pertinent to the metric numerator (column 3) and metric denominator (column 4) within your transport activities listed in column 1.
- Metrics reported for each of the transport activities that your organization engages in can be in relation to production, vehicle use phase, life cycle, financial and any other metric denominator(s) deemed relevant for the transport mode(s) that your organization operate(s) in. Further explanation of these metrics can be provided in columns 3, 4 and 8 (Metric numerator, Metric denominator and Please explain, respectively).
Metric numerator (column 3)
- Select relevant metric numerator.
- If you select “Other, please specify”, provide a label for the Metric numerator.
Metric denominator (column 4)
- Select the relevant metric denominator, in line with the boundary/method used to calculate the metric. The metrics provided can pertain to production, vehicle use phase, the whole life cycle, or it can be based on financial indicators, which is reflected in the options provided.
- You may choose to provide your own metric using the “Other, please specify” drop-down. If you select “Other, please specify”, provide a label for the Metric denominator.
- Vehicles are defined as per the definitions put forward in the ‘Explanation of terms’ for question C-TO0.7/C-TS0.7.
- When reporting any vehicle life cycle metric denominators, please ensure to explain all life cycle assumptions in column 8 (Please explain).
- Please ensure that the combination of numerator and denominator selected for each activity provide a coherent metric.
- For LDV and HDV manufacturers:
- The provided metric options are for your fleet average vehicles sold. If you would like to disaggregate your response by e.g. vehicle classes, select “Other, please specify”, provide a label for your metric and provide more details in the column 8 (Please explain).
- For Rail equipment manufacturers:
- Production: Other, please specify. Select this option to report efficiency metrics of production on a per vehicle basis for any vehicles other than locomotives and train cars. The vehicle unit needs to be specified in the text-box provided. Provide a more detailed explanation of this metric in column 8 (Please explain)
- Use phase: please specify. Select this option to report efficiency metrics of the use phase of the vehicle sold. Input a label for your metric in the text-box provided (e.g. locomotiveClass68.mile for reporting vehicle.mile for locomotive Class 68) and provide more details, including the specific vehicle type/class if relevant, in the column 8 (Please explain).
- Life cycle, please specify. Select this option to report efficiency metrics of the vehicle sold over its life cycle. Input a label for your metric in the text-box provided (e.g. vehicle.km ) and provide more details, including all the assumptions and the specific vehicle class if relevant, in the column 8 (Please explain).
- For Marine equipment manufacturers:
- Production: Specific vessel unit, please specify: select this option to report efficiency metrics on a per vessel basis. The vessel unit needs to be specified in the text-box provided. Provide a more detailed explanation of this metric in column 8 (Please explain)
- Use phase, please specify. Select this option to report efficiency metrics of the use phase of the vessel sold. Input a label for your metric in the text-box provided (e.g. trip) and provide more details, including the specific vessel type/class if relevant, in the column 8 (Please explain).
- Life cycle, please specify. Select this option to report efficiency metrics of the vessel sold over its life cycle. Input a label for your metric in the text-box provided (e.g. total lifecycle) and provide more details, including all the assumptions and the specific vehicle class if relevant, in the column 8 (Please explain).
- For Aviation equipment manufacturers:
- Production: Aircraft. Select this option to report efficiency metrics on the average basis for all aircrafts sold. If you would like to disaggregate your response by e.g. aircraft classification, select “Production: Other, please specify”, specify the aircraft classification in the text-box provided and give a more detailed explanation of this metric in column 8 (Please explain)
- Use phase, please specify. Select this option to report efficiency metrics of the use phase of the aircraft sold. Input a label for your metric in the text-box provided (e.g. PAX) and provide more details, including the specific aircraft type/class if relevant, in the column 8 (Please explain).
- Life cycle, please specify. Select this option to report efficiency metrics of the aircraft sold over its life cycle. Input a label for your metric in the text-box provided (e.g. life cycle ) and provide more details, including all the assumptions and the specific vehicle class if relevant, in the column 8 (Please explain).
Metric numerator: Unit total (column 5)
- Enter the value of the numerator selected in column 3, used to evaluate the metric figure presented (column 2), for the transport activity selected (column 1).
Metric denominator: Unit total (column 6)
- Enter the numerical value of the denominator selected in column 4, used to evaluate the metric figure presented (column 2), for the transport activity selected (column 1).
% change from last year (column 7)
- Enter the percentage change in the efficiency metric you are relation to the previous year.
- Leave the column blank if you do not have sufficient data to calculate the change from the previous year, or if this is the first year you have tracked this metric.
- If you have experienced no change, please enter 0 (zero) in this column.
Please explain (column 8)
- Discuss any assumptions made to derive, or simplifications made to establish metric numerators and denominators used.
- If you used any relevant existing standards and/or methodologies, please mention them and discuss their use here.
- Provide any additional explanation necessary to capture the full complexity of the metric figure stated.
Explanation of terms
- Aircraft: this allows airline original equipment manufacturers to report metrics on a per aircraft basis.
- Metric ton of CO2 (tCO2): a metric ton of carbon dioxide (CO2) has a mass of 1000 kg, equivalent to 2204.62 lbs. The “long ton”, a term generally used in Britain, is equivalent to 2,240lbs and the “short ton” is generally used in the USA and is equivalent to 2,000 lbs.
- Metric tons of CO2-equivalent (tCO2e): a metric that allows for other Greenhouse Gases (GHGs) to be expressed in relation to CO2 based on their Global Warming Potentials (GWPs). A metric ton is 1000 kg, equivalent to 220462 lbs.
- MWh (megawatt hours): one MWh is the equivalent of 1 x 106 Watts of energy being used continuously for one hour, equivalent to the consumption of 3.6 GJ (3.6 x 109 joules). Therefore, to convert from gigajoules (GJ) to MWh, you should multiply your value by 0.277778.
- Revenue per Available Seat Kilometer (RASK): This metric evaluates operating income by the ASK (Available Seat Kilometer). ASK is the number of seats available multiplied by the distance flown in kilometers.
- Revenue per Available Seat Mile (RASM): This metric evaluates operating income by the ASM (Available Seat Mile). ASM is the number of seats available multiplied by the distance flown in miles.
- Revenue ton-kilometer (revenue-ton.km): a metric ton of revenue load transported over one kilometer.
- Revenue ton-mile (revenue-ton.mile): a metric ton of revenue load transported over one mile.
- Revenue ton-nautical mile (revenue-ton.nautical mile): a metric ton of revenue load transported over one nautical mile.
- Vehicle-kilometer (vehicle.km or v.km): a unit of measurement for traffic flow which represents the number of vehicles on a given road or traffic network, over a distance of one kilometer (loaded or empty).
- Vehicle (locomotive): this allows rail original equipment manufacturers to report metrics on a per locomotive, i.e. powered railway vehicle basis.
- Vehicle-mile (vehicle.mile or v.mile): a unit of measurement for traffic flow which represents the number of vehicles on a given road or traffic network, over a distance of one mile (loaded or empty).
- Vehicle (train car): this allows rail original equipment manufacturers to report metrics on a per train car basis (e.g. train wagon, railroad, railcar, railway wagon or railway carriage).
(C-TS8.5) Provide
any efficiency metrics that are appropriate for your organization’s transport
products and/or services.
Change from 2019
No change (2019 C-TS8.4)
Rationale
Efficiency metrics are the primary way through which transport sector companies can measure the energy efficiency of their vehicles across modes of transportation. Various primary metrics exist as standards for different modes of transport, and sector experts and relevant data users will be able to use this information to compare the company’s overall efficiency.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Activity
|
Metric figure
|
Metric numerator
|
Metric denominator
|
Metric numerator: Unit total
|
Metric denominator: Unit total
|
% change from previous year
|
Please explain
|
Select from: Drop-down options determined by transport modes selected in C-TO0.7/C-TS0.7
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 10 decimal places]
|
Select from:
LDV
- Liters of fuel
- MWh
- Other, please specify
HDV
- Liters of fuel
- MWh
- Other, please specify
Rail
- Liters of fuel
- MWh
- Other, please specify
Marine
- Liters of fuel
- MWh
- Other, please specify
Aviation
- Liters of fuel
- MWh
- Other, please specify
|
Select from:
LDV
- v.km
- v.mile
- t.km
- t.mile
- p.km
- p.mile
- m2 vehicle footprint
- kg vehicle mass
- Other, please specify
HDV
- v.km
- v.mile
- t.km
- t.mile
- m3.km
- m3.mile
- p.km
- p.mile
- m2 vehicle footprint
- kg vehicle mass
- Other, please specify
Rail
- v.km
- v.mile
- t.km
- t.mile
- m3.km
- m3.mile
- p.km
- p.mile
- kg vehicle mass.km
- kg vehicle mass.mile
- Revenue-ton.km
- Revenue-ton.mile
- Other, please specify
Marine
- v.km
- v.mile
- v.nautical mile
- t.km
- t.mile
- t.nautical mile
- m3.km
- m3.mile
- m3.nautical mile
- p.km
- p.mile
- p.nautical mile
- 20ft.km
- 20ft.mile
- 20ft.nautical mile
- 40ft.km
- 40ft.mile
- 40ft.nautical mile
- Revenue-ton.km
- Revenue-ton.mile
- Revenue-ton.nautical mile
- Other, please specify
Aviation
- v.km
- v.mile
- t.km
- t.mile
- p.km
- p.mile
- Available seat.km
- Available seat.mile
- Revenue-ton.km
- Revenue-ton.mile
- Revenue per ASK (RASK)
- Revenue per ASM (RASM)
- Other, please specify
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Percentage field [enter a percentage from -999 – 999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
Note for Rail: Please specify, if reporting on production, the nature of the standardized vehicle used for this calculation.
|
[Add Row]
Requested content
General
- Metrics reported, using the associated metric numerators and denominators (presented in columns 3 and 4, respectively), should be for the current reporting period (as defined by your answer to C0.2).
- When reporting “% change from last year” (column 7), the timeline used should be the 12-month period directly prior to the reporting period (as defined by your answer to C0.2), even if it does not completely overlap with the period previously reported to CDP.
- Aside from in “% change from last year field” (column 7), negative numbers should not be inserted.
Activity (column 1)
- Select the activity that you would like to provide data for.
- Activity modes presented in drop-down options are determined by transport modes selected in response to C-TO0.7/C-TS0.7.
Metric figure (column 2)
- Enter the numerical value used to quantify the efficiency metric appropriate for your organization’s products and/or services pertinent to the metric numerator (column 3) and metric denominator (column 4) within your transport activities selected in column 1.
- Metrics reported for each of the transport activities that your organization engages and/or operates in can be in relation to fuel, distance, financial and any other metric denominator(s) deemed relevant for the transport mode(s) that your organization operate(s) in. Further explanation of these metrics can be provided in columns 3, 4 and 8 (Metric numerator, Metric denominator and Please explain, respectively).
Metric numerator (column 3)
- Select relevant metric numerator.
- If you select “Other, please specify”, provide a label for the Metric numerator.
Metric denominator (column 4)
- Select relevant metric denominator.
- If you select “Other, please specify”, provide a label for the Metric denominator.
- If reporting marine freight in container size-distance equivalents (e.g. 20ft.km), please explain your payload assumptions in column 8 (Please explain).
Metric numerator: Unit total (column 5)
- Enter the numerical value of the numerator selected in column 3, used to evaluate the metric figure presented (column 2), for the transport activity selected (column 1).
Metric denominator: Unit total (column 6)
- Enter the numerical value of the denominator selected in column 4, used to evaluate the metric figure presented (column 2), for the transport activity selected (column 1).
% change from last year (column 7)
- Enter the percentage change in the efficiency metric you are reporting on (column 2), in relation to the previous year.
- Leave the column blank if you do not have sufficient data to calculate the change from the previous year, or if this is the first year you have tracked this metric.
- If you have experienced no change, please enter 0 (zero) in this column.
Please explain (column 8)
- Discuss any assumptions made to derive, or simplifications made to establish metric numerators and denominators used.
- If you used any relevant existing standards and/or methodologies, please mention them and discuss their use here.
- Provide any additional explanation necessary to capture the full complexity of the efficiency metric stated.
Note for marine sector
- You are encouraged to report your EEDI attainment ratio, which serves as an indicator of the overall efficiency of your fleet. EEDI attainment ratio is the proportion of ships in your fleet that achieved minimum EEDI.
- To report this metric, select "Other, please specify" in both column 3 (Metric numerator) and column 4 (Metric denominator) and using the text field provided enter “Number of ships achieved minimum EEDI” for the numerator, and “Total number of ships in the fleet” for denominator. Enter the respective numerical values in columns 5 (Metric numerator: Unit total) and column 6 (Metric denominator: Unit total).
Explanation of terms
- Available Seat Kilometer (ASK): the number of seats available multiplied by the distance flown in kilometers.
- Available Seat Mile (ASM): the number of seats available multiplied by the distance flown in miles.
- Cubic meter-kilometer (m3.km): the transportation of one cubic meter of load, cargo or freight by a given transport mode over a distance of one kilometer.
- Cubic meter-mile (m3.mile): the transportation of one cubic meter of load, cargo or freight by a given transport mode over a distance of one mile.
- Cubic meter-nautical mile (m3.nautical mile): the transportation of one cubic meter of load, cargo or freight by a given transport mode over a distance of one nautical mile.
- Energy Efficiency Design Index (EEDI): as defined by the International Maritime Organization (IMO), EEDI represents the amount of CO 2 generated by a ship while doing one ton-mile of transport work.
- Energy Efficiency Design Index (EEDI) Attainment Ratio: a fleet-wide metric derived by dividing the total number of ships that achieved minimum EEDI by the total number of ships in the fleet.
- Kilogram vehicle mass (kg vehicle mass): the transportation of one kilogram of vehicle mass by a defined mode of transport.
- Kilogram vehicle mass-kilometer (kg vehicle mass.km): the transportation of one kilogram of vehicle mass by a defined mode of transport over the distance of one kilometer.
- Kilogram vehicle mass-mile (kg vehicle mass.mile): the transportation of one kilogram of vehicle mass by a defined mode of transport over the distance of one mile.
- m2 vehicle footprint: the product surface area of the average track width (distance between the centerline of the tires) and the wheelbase (the distance between the centers of the axles); quantified in m2.
- MWh (megawatt hours): one MWh is the equivalent of 1 x 10 6 Watts of energy being used continuously for one hour, equivalent to the consumption of 3.6 GJ (3.6 x 10 9 joules). Therefore, to convert from gigajoules (GJ) to MWh, you should multiply your value by 0.277778.
- Passenger-kilometer (p.km): a unit of measurement which represents the transportation of one passenger by a defined mode of transport over a distance of one kilometer.
- Passenger-mile (p.mile): a unit of measurement which represents the transportation of one passenger by a defined mode of transport over a distance of one mile.
- Passenger-nautical mile (p.nautical mile): a unit of measurement which represents the transportation of one passenger by a defined mode of transport over a distance of one nautical mile.
- Revenue per Available Seat Kilometer (RASK): This metric evaluates operating income by the ASK (Available Seat Kilometer).
- Revenue per Available Seat Mile (RASM): This metric evaluates operating income by the ASM (Available Seat Mile).
- Revenue ton-kilometer (revenue-ton.km): a metric ton of revenue load transported over one kilometer.
- Revenue ton-mile (revenue-ton.mile): a metric ton of revenue load transported over one mile.
- Revenue ton-nautical mile (revenue-ton.nautical mile): a metric ton of revenue load transported over one nautical mile.
- Ton-kilometer (t.km): a unit of measurement which represents the transportation of one metric ton of goods (including packaging and tare weights of intermodal transport units), by a given transport mode over a distance of one kilometer.
- Ton-mile (t.mile): a unit of measurement which represents the transportation of one metric ton of goods (including packaging and tare weights of intermodal transport units), by a given transport mode over a distance of one mile.
- Ton-nautical mile (t.nautical mile): a unit of measurement which represents the transportation of one metric ton of goods (including packaging and tare weights of intermodal transport units), by a given transport mode over a distance of one nautical mile.
- Vehicle-kilometer (vehicle.km or v.km): a unit of measurement for traffic flow which represents the number of vehicles on a given road or traffic network, over a distance of one kilometer (loaded or empty).
- Vehicle-mile (vehicle.mile or v.mile): a unit of measurement for traffic flow which represents the number of vehicles on a given road or traffic network, over a distance of one mile (loaded or empty).
- Vessel-nautical mile (v.nautical mile): a unit of measurement for traffic flow which represents the number of vessels on a given route or traffic network, over a distance of one nautical mile (loaded or empty).
- 20 foot container-kilometer (20ft.km): the transportation of a 20ft shipping container by a defined mode of transport, over a distance of one kilometer.
- 20 foot container-mile (20ft.mile): the transportation of a 20ft shipping container by a defined mode of transport, over a distance of one mile.
- 20 foot container-nautical mile (20ft.nautical mile): the transportation of a 20ft shipping container by a defined mode of transport, over a distance of one nautical mile.
- 40 foot container-kilometer (40ft.km): the transportation of a 40ft shipping container by a defined mode of transport, over a distance of one kilometer.
- 40 foot container-mile (40ft.mile): the transportation of a 40ft shipping container by a defined mode of transport, over a distance of one mile.
- 40 foot container-nautical mile (40ft.nautical mile): the transportation of a 40ft shipping container by a defined mode of transport, over a distance of one nautical mile.
C9 Additional metrics
Module Overview
This module requests reporting organizations to present relevant climate-related metrics that may indirectly or directly impact their emissions or energy use.
This module includes one general question on additional climate-related metrics and a number of sector-specific questions on metrics such as production outputs, low-carbon technology implementation, transfers & sequestration of CO2 emissions and low-carbon investments.
Key changes
For the capital goods sector only:
- Two new questions: C-CE9.6/C-CG9.6/C-CH9.6/C-CN9.6/C-CO9.6/C-EU9.6/C-MM9.6/C-OG9.6/C-RE9.6/C-ST/C-TO9.6/C-TS9.6 and C-CG9.6a on low-carbon investments.
For the construction sector only:
- Five new questions: C-CE9.6/C-CG9.6/C-CH9.6/C-CN9.6/C-CO9.6/C-EU9.6/C-MM9.6/C-OG9.6/C-RE9.6/C-ST9.6/C-TO9.6/C-TS9.6 and C-CN9.6a/C-RE9.6a on low-carbon investments; C-CN9.10/C-RE9.10, C-CN9.10a /C-RE9.10a, and C-CN9.11/C-RE9.11 on net zero carbon buildings.
For the real estate sector only:
- Seven new questions: C-CE9.6/C-CG9.6/C-CH9.6/C-CN9.6/C-CO9.6/C-EU9.6/C-MM9.6/C-OG9.6/C-RE9.6/C-ST9.6/C-TO9.6/C-TS9.6 and C-CN9.6a/C-RE9.6a on low-carbon investments; C-RE9.9, C-RE9.9a, C-CN9.10/C-RE9.10, C-CN9.10a /C-RE9.10a, and C-CN9.11/C-RE9.11 on net zero carbon buildings.
For all other high-impact sectors:
- New question: C-CE9.6/C-CG9.6/C-CH9.6/C-CN9.6/C-CO9.6/C-EU9.6/C-MM9.6/C-OG9.6/C-RE9.6/C-ST9.6/C-TO9.6/C-TS9.6 on low-carbon investments.
- Modified questions: C-CE9.6a, C-CH9.6a, C-CO9.6a/C-EU9.6a/C-OG9.6a, C-MM9.6a, C-ST9.6a, C-TO9.6a/C-TS9.6a – 3 columns removed.
- Click here for a list of all changes made this year.
Sector-specific content
Additional questions on climate-related metrics for the following high-impact sectors:
- Capital goods
- Cement
- Chemicals
- Coal
- Construction
- Electric utilities
- Metals & mining
- Oil & gas
- Real estate
- Steel
- Transport original equipment manufacturers (OEMs)
- Transport services
Pathway diagram - questions
This diagram shows the general questions contained in module C9. To access question-level guidance, use the menu on the left to navigate to the question.
Other climate-related metrics
(C9.1) Provide any additional climate-related metrics relevant to your business.
Change from 2019
No change
Rationale
CDP data users seek to understand in which areas, beyond GHG emissions, companies are trying to reduce their environmental impacts.
Connection to other frameworks
TCFD
Metrics & Targets recommended disclosure a) Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Description
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Metric value
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Metric numerator
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Metric denominator (intensity metric only)
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% change from previous year
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Direction of change
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Please explain
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Select from:
- Waste
- Energy usage
- Land use
- Other, please specify
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Numerical field [enter a number from 0 to 99,999,999,999 using up to 2 decimal places]
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Text field [maximum 50 characters]
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Text field [maximum 50 characters]
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Numerical field [enter a number from 0 to 999 using up to 2 decimal places]
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Select from:
- Increased
- Decreased
- No change
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Text field [maximum 2,400 characters]
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[Add Row]
Requested content
General
- Complete the table to report any additional climate-related metrics your business tracks beyond emissions reductions and renewable energy-related activities.
- If you track more than one additional climate-related metric, describe them each in a separate row.
Description (column 1)
- Select the type of metric applicable to your business. If none of the listed drop-downs apply, select “Other, please specify” and provide a label for the “Description”.
Metric value (column 2)
- Enter the quantity of the unit tracked and reported in column 3. E.g. if your company tracks kilograms of waste, enter the kilograms measured during the reporting year.
- When providing an intensity metric, provide the value of the intensity. E.g. if your companies tracks kilograms of waste per FTE, enter the kilograms measured during the reporting year normalized to the number of FTE in the reporting year.
Metric numerator (column 3)
- Enter the unit of the metric that your company tracks. This unit corresponds to the value entered in column 2.
Metric denominator (column 4)
- This column is only applicable for companies tracking an intensity metric (e.g., kilograms of waste per FTE). If you do not track an intensity metric, leave this column blank.
% Change from previous year (column 5)
- If you have experienced no change, please enter 0 (zero) in this column.
- The previous year compared should apply to the 12-month period directly prior to the reporting period, even if it does not completely overlap with the period previously reported to CDP. It is understood that this metric has not been reported to CDP before and thus the reporting year for this metric may not directly overlap with other metrics reported to CDP.
- Leave the column blank if this is the first year you have tracked this metric.
Direction of change (column 6)
- Use this column to outline the direction of change from the previous year.
- A declining intensity ratio reflects a positive direction of change. E.g. your waste last reporting year was 10 metric tons/FTE and this year is 5 metric tons/FTE. This indicates a 50% decrease compared to the previous year.
- If the percentage change from last year is 0 (zero) then select “no change”.
Please explain (column 7)
- Use this column to provide any additional context relevant to the metric you are reporting and to the direction of change. Additional information could include projects or initiatives implemented to achieve progress on this metric, or any timeframes included in these goals.
Note for agricultural sectors:
- You should report data associated with the business activity areas that are relevant to your organization, as indicated in C-AC0.6/C-FB0.6/C-PF0.6. Note that these metrics should be in addition to what you have reported in modules 6 (Emissions data) and 7 (Emissions breakdown). For example, if agricultural/forestry activities are relevant to your disclosure, you could report here the area of land use change associated with your own farm or production unit. Other examples of relevant metrics are: the volume of fertilizers used for production; the consumption of water per unit of product during production, processing and/or manufacturing; the waste volume associated with the production of raw materials or the manufacture of goods; and the volume of biofuels used in the fleet.
Explanation of terms
- Land use: Land use is based on the functional dimension of land for different human purposes or economic activities. Typical categories for land use are dwellings, industrial use, transport, recreational use or nature protection areas. Additional land use metrics can relate to the climate-related arrangements, activities, and inputs regarding these categories that organizations engage in, and can include land use change and land use management metrics.
Coal reserves and production
(C-CO9.2a) Disclose coal reserves and production by coal type attributable to your organization in the reporting year.
Change from 2019
No change
Rationale
Fossil fuels are the largest source of global emissions and coal is the most carbon intensive fossil fuel. It is therefore important to have transparency about the production and reserves of coal attributable to organizations. The split between thermal coal and metallurgical coal is also important. Thermal coal has higher transition risk, because consumers can substitute it with other sources of energy.
Response options
Please complete the following table:
Coal type
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Proven reserves (million metric tons)
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Probable reserves (million metric tons)
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Production (million metric tons)
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Energy content of production (GJ per metric ton)
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Heating value
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Emission factor of production (metric tons CO2e per metric ton)
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Comment
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Thermal coal
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Numerical field [enter a number from 0-999,999 using a maximum of 2 decimal places]
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Numerical field [enter a number from 0-999,999 using a maximum of 2 decimal places]
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Numerical field [enter a number from 0-999,999 using a maximum of 2 decimal places]
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Numerical field [enter a number from 1-35 using a maximum of 2 decimal places]
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Select from:
- LHV
- HHV
- Unable to confirm heating value
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Numerical field [enter a number from 0-9,999 using a maximum of 4 decimal places]
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Text field [maximum 2,400 characters]
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Metallurgical coal
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Other coal
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Total coal
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Requested content
General
Coal type (Column 1)
- This column specifies the coal type for which you are disclosing reserves, production, and other information.
- Thermal coal is coal that is combusted for energy purposes, e.g. thermal power generation.
- Metallurgical coal includes coking coals and blast furnace coals (PCI), or any other coal used in the steel industry.
Proven reserves (million metric tons) (column 2)
- Enter your organization’s proven reserves of the coal grade you are reporting.
- You should apply the same methodology for estimating reserves as used in your annual reporting. You will be asked to explain which listing requirements or other methodologies you have used to provide reserves data in C-CO9.4a.
- If your raw data is not in metric tons, then you should convert it. For example, from short tons, multiply by 0.907185 to calculate metric tons. Common conversion factors are included in the Technical Note Units of Measure Conversions.
Probable reserves (million metric tons) (column 3)
- Enter your organization’s probable reserves of the coal grade you are reporting.
- You should apply the same methodology for estimating reserves as used in annual reporting.
- If your raw data is not in metric tons, then you should convert it. For example, from short tons, multiply by 0.907185 to calculate metric tons. Common conversion factors are included in the Technical Note Units of Measure Conversions.
Production (million metric tons) (column 4)
- Enter your organization’s production of the coal type you are reporting.
- If your raw data is not in metric tons, then you should convert it. Common conversion factors are included in the Technical Note Units of Measure Conversions.
Energy content of production (GJ per metric ton) (column 5)
- Enter the energy content of the coal type you are reporting in Giga-Joules per metric ton. The following are common conversions:
- From million Btu, multiply by 1.05506 to calculate GJ.
- From million kcal, multiply by 4.184 to calculate GJ.
- From Btu per lb., multiply by 0.002326 to calculate GJ per metric ton.
- From kcal per kg, multiply by 0.004187 to calculate GJ per metric ton.
- From kJ per kg, multiply by 0.001 to calculate GJ per metric ton.
- For coals, the LHV typically falls inside the range 10-30 GJ per metric ton.
Heating value (column 6)
- You should specify the heating value relevant to the figure you reported in Energy content of production (GJ per metric ton) (column 5).
- Higher heating value (HHV) is also known as gross calorific value (GCV), and lower heating value (LHV) is also known as net calorific value (NCV). Typically, LHV/HHV ratio is 0.95 for coal.
Emission factor of production (kg CO2e per metric ton) (column 7)
- Enter the emissions factor of the coal type you are reporting.
- In the absence of relevant data, assume 100% combustion (oxidation factor = 1)
Comment (column 8) (optional)
- Use the "Comment" column to define and explain your reported reserves and production figure(s).
- If you provide data in the "Other coal" row then use this column to provide more information on the coal type(s) you are reporting.
- If you have applied an oxidation factor of less than 1, then you can state the factor used here.
Oil and gas production
(C-OG9.2a) Disclose your net liquid and gas hydrocarbon production (total of subsidiaries and equity-accounted entities).
Question dependencies
This question only appears if you select “Upstream” in response to C-OG0.7.
Change from 2019
No change
Rationale
Investors and other data users are interested in information relating to the production of different hydrocarbon categories due to the differing environmental impacts associated with each.
Response options
Please complete the following table:
Hydrocarbon category
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In-year net production
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Comment
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Crude oil and condensate, million barrels
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Numerical field [enter a
number from 0-999,999 using a maximum of 2 decimal places]
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Text field [maximum 2,400 character limit]
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Natural gas liquids, million barrels
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Oil sands, million barrels (includes bitumen and synthetic crude)
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Natural gas, billion cubic feet
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Requested content
In-year net production (column 2)
- Enter your in-year net production for each applicable hydrocarbon category.
- In-year net production is the lifting of oil and gas to the surface and gathering, treating, field processing (as in the case of processing gas to extract liquid hydrocarbons,) and field storage. The production function shall normally be regarded as terminating at the outlet valve on the lease or field production storage tank. If unusual physical or operational circumstances exist, it may be more appropriate to regard the production function as terminating at the first point at which oil, gas, or gas liquids are delivered to a main pipeline, a common carrier, a refinery, or a marine terminal.
- Please note that if you are reporting crude oil and condensate, natural liquids or oil sands, to report these in units of million barrels.
- If you are reporting natural gas, please do so in units of billion cubic feet.
Comment (column 3) (optional)
- Use the "Comment" column to define and explain your hydrocarbon accounting and reported production figure(s), especially if your organizational boundary for emissions accounting and hydrocarbon accounting differ.
Explanation of terms
- Explanations of the hydrocarbon categories listed are available in the following Technical Note: “Fuel Definitions”.
Coal resources
(C-CO9.2b) Disclose coal resources by coal type attributable to your organization in the reporting year.
Change from 2019
No change
Rationale
The transition to a low-carbon economy may affect the value of resources or long-lived assets. Providing insight into potential future emissions can help to inform investors about the potential impacts of regulatory measures and demand changes on earning capacity. The following questions enable investors to understand an organizations exposure to coal resources.
Response options
Please complete the following table:
Coal type
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Measured resources (million metric tons)
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Indicated resources (million metric tons)
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Inferred resources (million metric tons)
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Total resources (million metric tons)
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Comment
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Thermal coal
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Numerical field [enter a number from 0-9,999 using a maximum of 2 decimal places]
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Numerical field [enter a number from 0-9,999 using a maximum of 2 decimal places]
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Numerical field [enter a number from 0-99,999 using a maximum of 2 decimal places]
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Numerical field [enter a number from 0-99,999 using a maximum of 2 decimal places]
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Text field [maximum 2,400 characters]
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Metallurgical coal
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Other coal
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Total coal
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Requested content
General
- If your raw data is not in metric tons, then you should convert it. For example, from short tons, multiply by 0.907185 to calculate metric tons.
Measured resources (million metric tons) (column 2)
- Enter your organization’s measured resources of the coal grade you are reporting.
- A measured resource represents the highest level of geologic knowledge and confidence in a resource. The resource characteristics are well established through detailed and reliable exploration work. Economic and technical factors can be more confidently applied. Mine and production planning can give more detailed estimates of economic viability.
Indicated resources (million metric tons) (column 3)
- Enter your organization’s indicated resources of the coal grade you are reporting.
- An indicated resource is a resource whose quantity, grade (quality), shape, size and continuity can be more confidently reported. Larger and more closely spaced samples have more reliably established the characteristics of the resource to the point where preliminary economic viability and resource extraction calculations can be made.
Inferred resources (million metric tons) (column 4)
- Enter your organization’s inferred resources of the coal grade you are reporting.
- An inferred resource is one that is based on limited sampling and is based on reasonably assumed, but limited information. Samples might include those from outcrops, trenches, pits or drill holes. Previous geological maps may allow for reasonable assumptions about the size and scope of the resource.
Total resources (million metric tons) (column 5)
- Enter your organization’s total resources of the coal grade you are reporting.
- This is the total amount of coal that may be present in a deposit or coalfield. This does not take into account the feasibility of mining the coal economically. Not all resources are recoverable using current technology.
Comment (column 6) (optional)
- Use the ‘Comment’ column to define and explain your reported resource figure(s).
Oil and gas reserves methodology
(C-OG9.2b) Explain which listing requirements or other methodologies you use to report reserves data. If your organization cannot provide data due to legal restrictions on reporting reserves figures in certain countries, please explain this.
Question dependencies
This question only appears if you select “Upstream” in response to C-OG0.7.
Change from 2019
No change
Rationale
This question identifies any limitations on the comparability of data that may be due to different methodologies being used.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- There are a variety of listing requirements or other methodologies available which you may use to aid in providing reserves data.
- Please give the name of listing requirements or other methodologies or give a description of an in-house methodology or a combination of in-house and published methodologies that will be used to provide reserves data in C-OG9.2c and C-OG9.2d.
- Please provide a description of the listing requirements, methodology or methodologies that you have used to provide reserves data in C-OG9.2c and C-OG9.2d.
- CDP makes no judgments on the listing requirements or other methodologies applied by companies and it is not the intention to seek any proprietary information on how to estimate reserves.
- If your organization cannot provide data due to legal restrictions on reporting reserves figures in certain countries, please explain this.
Oil and gas total reserves
(C-OG9.2c) Disclose your estimated total net reserves and resource base (million BOE), including the total associated with subsidiaries and equity-accounted entities.
Question dependencies
This question only appears if you select “Upstream” in response to C-OG0.7.
Change from 2019
No change
Rationale
The transition to a low-carbon economy may affect the value of resources or long-lived assets. Robust data on proved, probable and total resource base is valuable information for data users and investors. Providing insight into organization’s reserves and resource base can help to inform investors about the potential impacts of regulatory measures and demand changes on earning capacity.
Response options
Please complete the following table:
Estimated total net proved + probable reserves (2P) (million BOE)
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Estimated total net proved + probable + possible reserves (3P) (million BOE)
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Estimated net total resource base (million BOE)
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Comment
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Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
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Numerical field [enter a number from 0-999,999,999,999 using a
maximum of 2 decimal places]
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Numerical field [enter a number from 0-999,999,999,999 using a
maximum of 2 decimal places]
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Text field [maximum 2,400 characters]
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Requested content
General
- Enter your 2P and 3P reserves, as well as your estimated net total resource base, in units of million barrels of oil equivalents (BOE). BOE is a unit of energy based on the approximate energy released by burning one barrel (42 US gallons or 158.9873 liters) of crude oil and is necessarily approximate as various grades of oil have different calorific values.
- Please note that CDP have not asked for proved reserve numbers in this question in recognition that these figures are already rigorously reported in company reports/filings.
Estimated total net proved + probable reserves (2P) (million BOE) (column 1)
- This is proved reserves plus probable reserves (often referred to as P50). Probable reserves are additional reserves less certain to be recovered, and in sum with proved reserves there is a 50% chance that actual quantities produced will equal or exceed this estimate.
Estimated total net proved + probable + possible reserves (3P) (million BOE) (column 2)
- This is proved reserves plus probable reserves plus possible reserves. Possible reserves are less certain than probable. There is a 10% chance that actual quantities produced will equal or exceed 3P (hence the term P10).
Estimated net total resource base (million BOE) (column 3)
- Net total resource base includes the total for reserves, contingent resources and prospective resources.
Explanation of terms
- BOE (or boe): BOE is the symbol for barrel of oil equivalent. The BOE is a unit of energy based on the approximate energy released by burning one barrel (42 US gallons or 158.9873 liters) of crude oil and is necessarily approximate as various grades of oil have different calorific values.
Additional information
- Defining reserves and resources classification: The Oil and Gas Reserves Committee (OGRC) of the Society of Petroleum Engineers (SPE) found in their Comparison of Selected Reserves and Resource Classifications and Associated Definitions report from 2005 that “Most [reserves] classifications recognize three deterministic scenarios with decreasing technical certainty: a low estimate, best estimate and high estimate. While probabilistic assessments are not commonly applied, it is generally accepted that the equivalent estimates on a cumulative probability distribution would be greater than or equal to P90, P50 and P10 respectively. For discovered and commercial volume estimates, the discrete (incremental) volumes within these bounds are generally referred to as proved, probable and possible reserves. The Russian [Ministry of Natural Resources], UNFC [United Nations Framework Classification] and USGS [United States Geological Survey] recognize similar certainty classes but use alternative terminology.”
Oil
and gas reserves split
(C-OG9.2d) Provide an indicative percentage split for 2P, 3P reserves, and total resource base by hydrocarbon categories.
Question dependencies
This question only appears if you select “Upstream” in response to C-OG0.7.
Change from 2019
No change
Rationale
A breakdown of reserves and resource base by hydrocarbon category provides insight into potential future emissions. With better insight on future project inventories, split by hydrocarbon category, data users and investors will be in a better position to assess organizations’ readiness for a low-carbon transition.
Response options
Please complete the following table:
Hydrocarbon category
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Net proved + probable reserves (2P) (%)
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Net proved + probable + possible reserves (3P) (%)
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Net total resource base (%)
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Comment
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Crude oil/condensate/Natural gas liquids
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Numerical field [enter a number from 0-100 using no decimals]
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Numerical field [enter a number from 0-100 using no decimals]
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Numerical field [enter a number from 0-100 using no decimals]
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Text field [maximum 2,400 characters]
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Natural gas
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Oil sands (includes bitumen and synthetic crude)
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Requested content
General
- Enter the percentage that the three hydrocarbon groupings comprise of your 2P reserves, 3P reserves, and your net total resource base, respectively.
- Further information on the hydrocarbon categories is provided in the explanation of terms.
- Crude oil/condensate have been grouped together with natural gas liquids to ease the reporting effort.
Net proved + probable reserves (2P) (%) (column 2)
- This is proved reserves plus probable reserves (often referred to as P50). Probable reserves are additional reserves less certain to be recovered, and in sum with proved reserves there is a 50% chance that actual quantities produced will equal or exceed this estimate.
Net proved + probable + possible reserves (3P) (%) (column 3)
- This is proved reserves plus probable reserves plus possible reserves. Possible reserves are less certain than probable. There is a 10% chance that actual quantities produced will equal or exceed 3P (hence the term P10).
Net total resource base (%) (column 4)
- Net total resource base includes the total for reserves, contingent resources and prospective resources.
Explanation of terms
- Explanations of the hydrocarbon categories listed are available in the following Technical Note: “Fuel Definitions”.
Oil and gas split by development type
(C-OG9.2e)
Provide
an indicative percentage split for production, 1P, 2P, 3P reserves, and total
resource base by development types.
Question dependencies
This question only appears if you select “Upstream” in response to C-OG0.7.
Change from 2019
No change
Rationale
The transition to a low-carbon economy may affect the value of reserves or long-lived assets. A breakdown of reserves and resource base by development type provides insight into potential future emissions. This insight can help to inform investors about the potential impacts of regulatory measures and demand changes on earning capacity. Information regarding the breakdown of conventional and unconventional hydrocarbons of the total resource base is valuable to investors.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Development type
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In-year net production (%)
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Net proved reserves (1P) (%)
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Net proved + probable reserves (2P) (%)
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Net proved + probable + possible reserves (3P) (%)
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Net total resource base (%)
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Comment
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Select from:
- Onshore
- Shallow-water
- Deepwater
- Ultra deepwater
- Arctic
- Oil sand/extra heavy oil
- Tight/shale
- LNG
- Other, please specify
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Numerical field [enter a number from 0-100 using no decimals]
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Numerical field [enter a number from 0-100 using no decimals]
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Numerical field [enter a number from 0-100 using no decimals]
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Numerical field [enter a number from 0-100 using no decimals]
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Numerical field [enter a number from 0-100 using no decimals]
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Text field [maximum 2,400 characters]
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[Add Row]
Requested content
Development type (column 1)
- Select the development type for which you are providing an indicative percentage split for production, 1P, 2P, 3P reserves, and total resource base.
- You are requested to provide the split for production, reserves and resources by development types. Data users are interested in development types in more granularity than conventional and unconventional development type.
- The onshore, shallow-water, deepwater, ultra-deepwater and arctic development type options are considered conventional. Conventional refers to conventional hydrocarbons (i.e. not extra heavy crude), conventional recovery methods (i.e. not hydraulic fracturing) or conventional reservoirs (i.e. good permeability).
- The oil sand/extra heavy oil, tight/shale and LNG development type options are considered unconventional.
Explanation of development types
- Onshore: Assets onshore
- Shallow-water: Assets in water depth < 150m.
- Deepwater: Assets in water depth 150m – 1,500m
- Ultra-deepwater: Assets in water depth > 1,500m
- Arctic: Assets located inside the Arctic Circle - north of the 66 degrees north latitude.
- Oil sand/extra heavy oil: Oil sands extraction by mining and in-situ methods and other assets that produce oil with an API gravity of less than 10°.
- Tight/shale: Combines the following:
- Shale oil and gas; produced from petroleum source rock by horizontal drilling and hydraulic fracturing.
- Tight oil and gas; Oil and gas produced from formations of low permeability requiring hydraulic fracturing.
- (N.B. this does not include oil shale (kerogen) which is mined and cooked out of the source rock by pyrolysis – this should be reported in the ‘Other’ category)
- LNG: Upstream assets with LNG (Liquified Natural Gas) processing onsite (or where gas is exported to liquefaction facilities nearby which are associated with the upstream asset.)
- Other, please specify: Assets that cannot be classified in any of the above categories.
- In any cases where an asset would otherwise be in an unconventional category, the unconventional category is to be given precedence.
- If there are assets that cannot be classified in any of the above development types then select "Other, please specify". If you select “Other, please specify,” provide a label for the development type.
In-year net production (%) (column 2)
- Production activities, for example, include the lifting of oil and gas to the surface and gathering, treating, field processing (as in the case of processing gas to extract liquid hydrocarbons), and field storage.
- The production function shall normally be regarded as terminating at the outlet valve on the lease or field production storage tank. If unusual physical or operational circumstances exist, it may be more appropriate to regard the production function as terminating at the first point at which oil, gas, or gas liquids are delivered to a main pipeline, a common carrier, a refinery, or a marine terminal.
Net proved reserves (1P) (%) (column 3)
- Net proved reserves have a reasonable certainty of being produced (90% confidence if probabilistic methods are used, hence the term P90).
Net proved + probable reserves (2P) (%) (column 4)
- This is proved reserves plus probable reserves (often referred to as P50). Probable reserves are additional reserves less certain to be recovered, and in sum with proved reserves there is a 50% chance that actual quantities produced will equal or exceed this estimate.
Net proved + probable + possible reserves (3P) (%) (column 5)
- This is proved reserves plus probable reserves plus possible reserves. Possible reserves are less certain than probable. There is a 10% chance that actual quantities produced will equal or exceed 3P (hence the term P10).
Net total resource base (%) (column 6)
- Net total resource base includes the total for reserves, contingent resources and prospective resources.
Comment (column 7) (optional)
- Use the "Comment" column to define and explain your hydrocarbon accounting and reported production figure(s), especially if your organizational boundary for emissions accounting and hydrocarbon accounting differ.
Low-carbon technology implementation
(C-TO9.3/C-TS9.3) Provide tracking metrics for the implementation of low-carbon transport technology over the reporting year.
Change from 2019
Minor change
Rationale
This question seeks to understand how low-carbon transport technologies are being implemented by analyzing the level of proliferation and market penetration of alternative drive train and engine technologies. This is mostly relevant for LDV and HDV, for which alternative technologies are available or being piloted. This is also relevant for aviation, rail and marine companies who can use this as a more open-ended question to indicate what they are doing in the low-carbon technology field.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Activity
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Metric
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Technology
|
Metric figure
|
Metric unit
|
Explanation
|
Select from:
Drop-down options determined by transport modes selected in C-TO0.7/C-TS0.7
|
Select from:
- Production
- Sales
- Fleet adoption
- Yearly purchase
- Other, please specify
|
Select from:
LDV
- Vehicle using bio-fuel
- Conventional hybrid
- Plug-in hybrid vehicle (PHEV)
- Battery electric vehicle (BEV)
- Fuel cell electric vehicle (FCEV)
-
Other, please specify
HDV
- Vehicle using bio-fuel
- Conventional hybrid
- Plug-in hybrid vehicle (PHEV)
- Battery electric vehicle (BEV)
- Fuel cell electric vehicle (FCEV)
- Other, please specify
Rail
Marine
Aviation
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Select from:
LDV
- Units
- % of fleet
- % of total sales
- % of estimated yearly VKT
- % of estimated yearly VMT
- % of estimated lifetime VKT
- % of estimated lifetime VMT
- Other, please specify
HDV
- Units
- % of fleet
- % of total sales
- % of estimated yearly VKT
- % of estimated yearly VMT
- % of estimated lifetime VKT
- % of estimated lifetime VMT
- Other, please specify
Rail
Marine
Aviation
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Activity (column 1)
- Select the activity that you would like to provide data for.
- Activity modes presented in drop-down options are determined by transport modes selected in response to C-TO0.7/C-TS0.7.
Metric (column 2)
- Select the relevant drop-down that best describes the transport metric for transport sales and/or services that you will present information for in columns 3 – 6.
- If you select “Other, please specify”, provide a label for the Metric.
Technology (column 3)
- Select the relevant drop-down that best describes the low-carbon vehicle transport technology that you will quantify in columns 4 and 5.
- If you select “Other, please specify”, provide a label for the technology.
Metric figure (column 4)
- State the numerical value of the metric used to quantify the level of implementation of low-carbon technologies within your transport activities in the reporting year.
- You may enter a number no larger than 999999999999, using a maximum of 2 decimals places. Negative numbers are not allowed.
Metric unit (column 5)
- Select relevant metric unit.
- If you select “Other, please specify”, provide a label for the Metric unit.
Explanation (column 6)
- Discuss any assumptions, or simplifications made to derive or establish metric values.
- If you used any industry or relevant existing standards and/or methodologies, please mention them and discuss their use here.
- Provide any additional explanation necessary to capture the full complexity of the metric reported.
Explanation of terms
- Vehicle Kilometers Traveled (VKT): the total kilometers traveled by all vehicles on a transport system during a given period of time.
- Vehicle Miles Traveled (VMT): the total miles traveled by all vehicles on a transport system during a given period of time.
Chemicals production metrics
(C-CH9.3a) Provide details on your organization’s chemical products.
Change from 2019
No change
Rationale
Unlike most other high-impact sectors identified by CDP, the chemicals sector is heterogeneous and highly diverse in structure, and can even be characterized as a group of disparate subsectors. It is, therefore, problematic to consider sector-wide intensities. However, it is useful to identify the most important chemical production processes from an environmental or transition risk perspective and shed light on the presence and impact of them within and between organizations.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Output product
|
Production (metric tons)
|
Capacity (metric tons)
|
Direct emissions intensity (metric tons CO2e per metric ton of product)
|
Electricity intensity (MWh per metric ton of product)
|
Steam intensity (MWh per metric ton of product)
|
Steam/ heat recovered (MWh per metric ton of product)
|
Comment
|
Select from:
- High Value Chemicals (Steam cracking)
- Ammonia
- Aromatics extraction
- Methanol
- Butylene
- Propylene (FCC)
- Ethanol
- Butadiene (C4 sep.)
- Nitric acid
- Adipic acid
- Caprolactam
- Soda ash
- Carbon black
- Polymers
- Specialty chemicals
- Other base chemicals
- Other, please specify
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 4 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 4 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 4 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 4 decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- Complete the table for each chemical output product selected in column 1.
- Your production, capacity, and intensity figures should be for the reporting year only (as defined by your answer to C0.2).
- If you did not have any capacity, production or intensity in the reporting year then enter 0 (zero) in the relevant field.
- Negative numbers are not allowed.
- You should apply the same logic to your boundary definition as provided in question C-CH7.4.
Output product (column 1)
- Select the product(s) relevant to your organization’s chemical-related activities. Select as many as applicable. You may also wish to select those with no production in the reporting year to confirm zero activity.
- If you select “Other (Please specify),” provide a label for the output product.
Production (metric tons) (column 2)
- Enter the production in metric tons, for the product selected in column 1.
Capacity (metric tons) (column 3)
- Enter the production capacity in metric tons of the output product selected in column 1.
Direct emissions intensity (metric tons CO2e per metric ton of product) (column 4)
- Report the direct emissions intensity, in CO2e per metric ton of chemical product, in the reporting year, for the product selected in column 1.
- Direct emissions include emissions from the use of fuel for process heating and feedstock related emissions (process emissions).
Electricity intensity (MWh per metric ton of product) (column 5)
- Report the electric intensity, in MWh per metric ton of chemical product, in the reporting year, for the product selected in column 1.
- Because this question relates to the process-level, Scope 1 and Scope 2 terminology is not used here. No distinction needs to be made on whether the electricity is sourced from inside or outside of the organizational boundary.
- Scope 2 emissions are not requested to avoid the influence of emission factors that are unrelated to the process.
Steam intensity (MWh per metric ton of product) (column 6)
- Report the steam intensity, in MWh per metric ton of chemical product, in the reporting year, for the product selected in column 1.
Steam/heat recovered (MWh per metric ton of product) (column 7)
- Report the steam/heat recovered, in MWh per metric ton of chemical product, in the reporting year, for the product selected in column 1.
- Many processes in the chemicals sector are exothermic. You should enter here the MWh of steam/heat that is recovered from the process.
Comment (column 8) (optional)
- Use this column to provide any additional information relevant to the chemical product selected in column 1.
Explanation of terms
- High Value Chemicals (Steam cracking): High value chemicals (HVCs) produced via steam cracking include ethylene, propylene from the pyrolysis gas of steam crackers, benzene (contained amounts, excluding extracted amounts), butadiene (also contained), acetylene, and hydrogen sold (as fuel).
- Steam cracking: Steam cracking is the main method of breaking down large molecules of hydrocarbons, in which a gaseous or liquid hydrocarbon is diluted with steam and then heated. The main product for steam cracking process is HVCs.
Coal production breakdown
(C-CO9.3a) Break down the coal production attributed to your organization in the reporting year by grade.
Change from 2019
No change
Rationale
Investors and data users are interested in information relating to the production of different coal grades due to the environmental impacts associated with each.
Response options
Please complete the following table:
Coal grade
|
Production (%)
|
Comment
|
Lignite
|
Numerical field [enter a number from 0-100 using no decimals]
|
Text field [maximum 2,400 characters]
|
Subbituminous
|
|
|
Bituminous
|
|
|
Anthracite
|
|
|
Other
|
|
|
Requested content
General
Coal grade (column 1)
- An explanation of the coal grades listed is provided in the explanation of terms.
Production (%) (column 2)
- Enter the percentage that the applicable coal grade represents for your organizations total coal production in the reporting year.
- The sum of all coal grade production figures provided should equal 100%.
Comment (column 3) (optional)
- Use the "Comment" column to define and explain your reported percentage breakdown of production.
Explanation of terms
- Explanations of the coal grades listed are available in the following Technical Note: “Fuel Definitions”.
Mining production metrics
(C-MM9.3a) Provide details on the commodities relevant to the mining production activities of your organization.
Question dependencies
This question only appears if you select one of the options under the “Mining” sub-heading in C-MM0.7.
Change from 2019
Modified question
Rationale
Unlike most other high-impact sectors identified by CDP, the metals and mining sector is heterogeneous and highly diverse in structure, and can even be characterized as a group of disparate subsectors. It is, therefore, problematic to consider sector-wide intensities. However, it is useful to identify metals and mining commodities individually and shed light on the presence and impact of them within and between organizations.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Output product
|
Capacity, metric tons
|
Production, metric tons
|
Production, copper-equivalent units (metric tons)
|
Scope 1 emissions
|
Scope 2 emissions
|
Scope 2 emissions approach
|
Pricing methodology for copper-equivalent figure
|
Comment
|
Select from:
- Bauxite
- Copper
- Gold
- Platinum group metals
- Silver
- Iron ore
- Nickel
- Zinc
- Lead
- Diamonds
- Other non-ferrous metal mining (Please specify)
- Other mining (Please specify)
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places]
|
Select from:
- Location-based
- Market-based
|
Text field [maximum 2,400 characters]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- Complete the table for each mining output product selected in column 1.
- Your production and capacity figures should be for the reporting year only (as defined by your answer to C0.2).
- If you did not have any capacity or production in the reporting year, then enter zero (0) in the relevant field.
- Negative numbers are not allowed.
- You should apply the same logic to your boundary definition as provided in question C-MM7.4.
Output product (column 1)
- Select the product(s) relevant to your organization’s mining production activities. Select as many as applicable. You may also wish to select those with no production in the reporting year to confirm zero activity.
- If you select “Other non-ferrous metal mining (Please specify)” or “Other mining (Please specify)”, provide a label for the output product.
Capacity, metric tons (column 2)
- Enter the production capacity in metric tons for the mined product selected in column 1.
Production, metric tons (column 3)
- Enter the production in metric tons resulting from mining activities, for the product selected in column 1.
Production, copper-equivalent units, metric tons (column 4)
- Enter the production in copper-equivalent units resulting from mining activities, for the product selected in column 1.
- Share the methodology used for this equivalent in column 7.
- This column is not applicable when “Other mining (Please specify)” is selected in column 1 – “Output product”
Scope 1 emissions (column 5)
- Enter the Scope 1 emissions associated with the mined product selected in column 1.
Scope 2 emissions (column 6)
- Enter the Scope 2 emissions associated with the mined product selected in column 1.
Scope 2 emissions approach (column 7)
- Select the approach used to calculate the Scope 2 emissions
Pricing methodology for copper-equivalent figure (column 8)
- Disclose the formula(e) and methodology used to calculate the copper-equivalent unit reported in column 4.
Comment (column 9) (optional)
- Use this column to provide any additional information relevant to the mined product selected in column 1.
Explanation of terms
- Mining production activities: refer to the extraction of ores and do not include the refinement of these commodities.
- Platinum group metals: Platinum group metals are six transitional metals located in the d-block of the period table (groups 8, 9 and 10, within periods 5 and 6), that are chemically, physically, and anatomically similar. These metals are ruthenium, rhodium, palladium, osmium, iridium, and platinum.
- Copper-equivalent units: Metal equivalent calculations are used to compare similar deposits with slightly different metal ratios. Metal-equivalent units allow organizations to assess how much their deposits are worth in terms of just one of the metals resources they have. Copper-equivalent units enable investors to understand how much combined metal deposits are worth in terms of copper.
Total refinery throughput
(C-OG9.3a) Disclose your total refinery throughput capacity in the reporting year in thousand barrels per day.
Question dependencies
This question only appears if you select “Downstream” in response to C-OG0.7.
Change from 2019
No change
Rationale
Investors and other data users are interested in understanding the total refinery throughput as it is important for investment analysis, in addition it can provide context for the organizations emissions for the reporting year.
Response options
Please complete the following table:
Total refinery throughput capacity (Thousand barrels per day)
|
Numerical field up to 99,999 and up to 2 decimal places
|
Requested content
General
- For the purpose of this question all types of refinery are included, such as coking, cracking, hydroskimming, topping, condensate splitter and upgrader.
- Refinery throughput is considered the capacity for refining crude oil and other feedstocks over a given period.
Steel production and capacity
(C-ST9.3a) Report your organization’s steel-related consumption, production and capacity figures by steel plant.
Change from 2019
No change
Rationale
The steel sector is structured around primary and secondary production of steel. Each production route has very different implications from the perspective of raw material and energy needs, greenhouse gas emissions, and technological and market risks and opportunities. It is therefore important for organizations to provide transparency on their operational structure. The most commonly used steel furnace in the primary route is the basic oxygen furnace, while the electric arc furnace is the most common steel furnace used in secondary production. Because the relative proportion of scrap and new iron charged to each steel furnace can vary, it is important to know the mix of metallic feedstocks consumed by steel furnace, as well as the steel furnace production output.
Response options
Please complete the following table:
Steel plant
|
Metal scrap consumption (metric tons)
|
Blast furnace iron consumption (metric tons)
|
Direct reduced iron consumption (metric tons)
|
Crude steel production (metric tons)
|
Crude steel capacity (metric tons)
|
Basic oxygen furnace
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of two decimal places]
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of two decimal places]
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of two decimal places]
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of two decimal places]
|
Numerical field [enter a number from 0- 999,999,999,999 using a maximum of two decimal places]
|
Electric arc furnace
|
|
|
|
|
|
Other
|
|
|
|
|
|
Total
|
|
|
|
|
|
Requested content
General
- Complete the table for each steel plant process listed in column 1. The steel plants presented depend on the selection made in C-ST0.7 and in some instances only the row “Total” will appear.
- Your consumption figures should be for the reporting year only (as defined by your answer to C0.2).
- Negative numbers are not allowed.
- If you are presented with the row “Other”, use it to provide data for processes other than Basic oxygen furnace or Electric arc furnace. You can use the comment box to specify the data you are reporting.
- Enter 0 (zero) if you have no activity or capacity in the relevant field.
- You are not required to enter amounts of other metallic additives, i.e. for alloying purposes.
Metal scrap consumption (metric tons) (column 2)
- Enter the total metal scrap consumption in metric tons for the steel plant listed in column 1.
Blast furnace iron consumption (metric tons) (column 3)
- Enter the blast furnace iron (often described as "pig iron") consumption in metric tons for the steel plant process listed in column 1.
- This is the total of "hot metal" and cold iron, purchased or produced inside the organization; total consumption of blast furnace iron should be entered.
Direct reduced iron consumption (metric tons) (column 4)
- Enter the direct reduced iron (DRI), also known as "sponge iron", consumption in metric tons for the steel plant process listed in column 1.
- All forms of direct reduced iron, hot or cold, purchased or produced inside the organization, should be included.
Crude steel production (metric tons) (column 5)
- Enter the crude steel production in metric tons for the steel plant process listed in column 1.
- Though the immediate output of the steel furnace is liquid steel, crude steel production is requested here. Crude steel is the first solid state of steel after melting and is synonymous with "raw steel". Crude steel includes numerous forms, such as slabs, billets, blooms, ingots, and direct steel castings.
Crude steel capacity (metric tons) (column 6)
- Enter the crude steel capacity in metric tons for the steel plant process listed in column 1.
Coal production by mine type
(C-CO9.3b) Break down the coal production attributed to your organization in the reporting year by mine type.
Change from 2019
No change
Rationale
There is a significantly greater energy requirement and fugitive emissions associated with coal production from underground mines. Furthermore, it is necessary to know this split in order to turn the activity emissions split into factors.
Response options
Please complete the following table:
Coal mine type
|
Production (%)
|
Underground
|
Numerical field [enter a number from 0-100 using no decimals]
|
Surface
|
|
Requested content
General
- Break down your organization’s coal production for the reporting year by mine.
- The sum of production should equal 100%.
- Underground mining has two main methods: room-and-pillar and longwall.
- Surface mining is also known as "opencast" mining.
Metals production metrics
(C-MM9.3b) Provide details on the commodities relevant to the metals production activities of your organization.
Question dependencies
This question only appears if you select one of the options under the “Processing metals” sub-heading in C-MM0.7.
Change from 2019
No change
Rationale
Unlike most other high-impact sectors identified by CDP, the metals and mining sector is heterogeneous and highly diverse in structure, and can even be characterized as a group of disparate sub-sectors. It is, therefore, problematic to consider sector-wide intensities. However, it is useful to identify metals and mining commodities individually and shed light on the presence and impact of them within and between organizations.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Output product
|
Capacity (metric tons)
|
Production (metric tons)
|
Annual production in copper-equivalent units (thousand tons)
|
Scope 1 emissions (metric tons CO2e)
|
Scope 2 emissions (metric tons CO2e)
|
Scope 2 emissions approach
|
Pricing methodology for copper-equivalent figure
|
Comment
|
Select from:
- Aluminum
- Alumina
- Copper
- Gold
- Platinum group metals
- Silver
- Nickel
- Lead
- Zinc
- Other non-ferrous metals (Please specify)
- Other ferrous metals (Please specify)
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 3 decimal places]
|
Select from:
- Location-based
- Market-based
|
Text field [maximum 2,400 characters]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- Complete the table for each metal output product selected in column 1.
- Your production and capacity figures should be for the reporting year only (as defined by your answer to C0.2).
- If you did not have any capacity or production in the reporting year, then enter 0 (zero) in the relevant field.
- Negative numbers are not allowed.
- To add more rows to the table, please use the “Add Row” button to the bottom right.
- You should apply the same logic to your boundary definition as provided in question C-MM7.4.
Output product (column 1)
- Select the product(s) relevant to your organization’s metal production activities. Select as many as applicable. You may also wish to select those with no production in the reporting year to confirm zero activity.
- If you select “Other non-ferrous metals (Please specify)” or “Other ferrous metals (Please specify),” provide a label for the output product.
Capacity (metric tons) (column 2)
- Enter the production capacity in metric tons for the metal product selected in column 1.
Production, metric tons (column 3)
- Enter the production in metric tons for the metal product selected in column 1.
Production, copper-equivalent units, metric tons (column 4)
- Enter the production in copper-equivalent units for the metal product selected in column 1.
- Share the methodology used for this equivalent in column 7.
Scope 1 emissions (column 5)
- Enter the Scope 1 emissions associated with the metal product selected in column 1.
Scope 2 emissions (column 6)
- Enter the Scope 2 emissions associated with the metal product selected in column 1.
Scope 2 emissions approach (column 7)
- Select the approach used to calculate the Scope 2 emissions.
Pricing methodology for copper-equivalent figure (column 8)
- Disclose the formula(e) and methodology used to calculate the copper-equivalent unit reported in column 4.
Comment (column 9) (optional)
- Use this column to provide any additional information relevant to the metal product selected in column 1.
Explanation of terms
- Copper-equivalent units: Metal equivalent calculations are used to compare similar deposits with slightly different metal ratios. Metal-equivalent units allow organizations to assess how much their deposits are worth in terms of just one of the metals resources they have. Copper-equivalent units enable investors to understand how much combined metal deposits are worth in terms of copper.
- Metals production activities (or processing of metals): refer to the production of finished metal commodities, resulting from a series of operations that transform raw materials.
- Platinum group metals: Platinum group metals are six transitional metals located in the d-block of the period table (groups 8, 9 and 10, within periods 5 and 6), that are chemically, physically, and anatomically similar. These metals are ruthenium, rhodium, palladium, osmium, iridium, and platinum.
Feedstocks used in refinery
(C-OG9.3b) Disclose feedstocks processed in the reporting year in million barrels per year.
Question dependencies
This question only appears if you select “Downstream” in response to C-OG0.7.
Change from 2019
No change
Rationale
There is a significant environmental impact due to the energy intensive nature and emissions output associated with the processing of feedstocks. Understanding the throughput of feedstocks processed in the reporting year is important for investment analysis.
Response options
Please complete the following table:
Feedstock
|
Throughput (Millions barrels)
|
Comment
|
Oil
|
Numerical field [enter a number from 0-9,999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
Other feedstocks
|
|
|
Total
|
|
|
Requested content
Throughput (Million barrels) (column 2)
- Enter the throughput for the reporting year in million barrels for the feedstocks (oil or other feedstocks) relevant to your organization.
- The "Other feedstocks" option is in the "Feedstock" column to allow flexibility in the reporting of refined products.
- The total row should equal the sum of rows above it (i.e. oil and other feedstocks).
Explanation of terms
- Explanations of the hydrocarbon categories listed are available in the following Technical Note: “Fuel Definitions”.
Steel production breakdown
(C-ST9.3b) Report your organization’s steel-related production outputs and capacities by product.
Change from 2019
No change
Rationale
Given the wide range of different structures and configurations of steel processes covered by organizations, it is important to provide transparency on the output of key products within the sector. This contributes significantly to the understanding of emissions and emissions intensity by allowing data users and investors to know the reach of an organization’s activities and understand that organizations have various levels of coverage within the sector or within a given process route.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Product
|
Production (metric tons)
|
Capacity (metric tons)
|
Comment
|
Select from:
- Hot-rolled steel
- Blast furnace iron
- Direct reduced iron
- Coke (including coke breeze)
- Coke oven gas (for sale)
- Sinter
- Iron ore pellets
- Lime
- Metal scrap
- Oxygen (disclose in millions Nm3)
- Tar and benzole
- Ammonia
- Benzene, toluene and xylene (BTX)
- Iron ore
- Coal
- Limestone & Dolomite
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of two decimal places]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of two decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- Complete the table for each steel output product selected in column 1.
- Your production and capacity figures should be for the reporting year only (as defined by your answer to C0.2).
- If you did not have any capacity or production in the reporting year then enter 0 (zero) in the relevant field.
- Negative numbers are not allowed.
- You should apply the same logic to your boundary definition as provided in question C-ST7.4.
Product (column 1)
- Select the product(s) relevant to your organization’s steel-related production output activities. Select as many as are applicable. You may also wish to select those with no production in the reporting year to confirm zero activity.
Production (metric tons) (column 2)
- Enter the production in metric tons, for the product selected in column 1.
Capacity (metric tons) (column 3)
- Enter the production capacity in metric tons, for the product selected in column 1.
Comment (column 4) (optional)
- Use this column to provide any additional information relevant to the steel product selected in column 1.
Refinery products and net production
(C-OG9.3c)
Are you able to break down your refinery products and net production?
Question dependencies
This question only appears if you select “Downstream” in response to C-OG0.7.
Change from 2019
No change
Rationale
It is important to take account of refinery net production and product slate in order better understand the sources of Scope 3 category 11 "use of sold product" emissions from organizations. It is also useful to investors for broadly indicating the spread of the organization across the various petroleum product markets.
Response options
Select one of the following options:
Requested content
General
- Select "Yes" if you can disclose your refinery products and net production in the reporting year.
- Refinery products can include, but are not limited to, liquified petroleum gas, gasolines, naphtha, kerosene, diesel fuels, fuel oils, lubricants, waxes, asphalt and tar, petroleum coke and still gas for example.
(C-OG9.3d) Disclose your refinery products and net production in the reporting year in million barrels per year.
Question dependencies
This question only appears if you select “Yes” in response to C-OG9.3c.
Change from 2019
No change
Rationale
It is important to take account of refinery net production and product slate in order better understand the sources of Scope 3 category 11 "use of sold product" emissions from organizations. It is also useful to investors for broadly indicating the spread of the organization across the various petroleum product markets.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Product produced
|
Refinery net production (Million barrels) *not including products used/consumed on site
|
Select from:
- Liquified petroleum gas
- Gasolines
- Naphtha
- Kerosenes
- Diesel fuels
- Fuel oils
- Lubricants
- Waxes
- Asphalt and tar
- Petroleum coke
- Still gas
- Other, please specify
|
Numerical field [enter a number from 0-9,999 using a maximum of 2 decimal places]
|
[Add Row]
Requested content
General
- Provide the net production figures for your refinery products, for more information on the products listed see the explanation of terms.
- If you select “Other, please specify,” provide a label for the product produced.
- You should not report product sales here.
- Refinery production covers petroleum products produced at a refinery or blending plant.
- Net refinery production equals refinery production minus refinery input.
Explanation of terms
- Explanations of the hydrocarbon categories listed are available in the following Technical Note: “Fuel Definitions”.
Chemicals production
(C-OG9.3e)
Please disclose your chemicals production in the reporting year in thousand
metric tons.
Question dependencies
This question only appears if you select “Chemicals” in response to C-OG0.7.
Change from 2019
No change
Rationale
Petrochemicals is an important part of the oil and gas value chain but not practiced by all integrated oil and gas companies or independent refiners. It is therefore necessary to take account of these activities separately. To help data users understand the coverage of activities employed by oil and gas companies, it is important for organizations to provide transparency on petrochemicals production activities, as these have environmental impacts and are exposed to transition risks.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Product
|
Production, Thousand metric tons
|
Capacity, Thousand metric tons
|
Select from:
- High value chemicals (Steam cracking)
- Other, please specify
|
Numerical field [enter a number from 0-999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-999,999 using a maximum of 2 decimal places]
|
[Add Row]
Requested content
General
- Steam cracking is the main method of breaking down large molecules of hydrocarbons, in which a gaseous or liquid hydrocarbon is diluted with steam and then heated. The main products for the steam cracking process are high value chemicals (HVC’s).
- HVC’s include lower olefins such as ethylene, propylene from the pyrolysis gas of steam crackers, benzene (contained amounts, excluding extracted amounts), butadiene (also contained), acetylene and hydrogen sold (as fuel).
- If you select “Other, please specify,” provide a label for the product.
Explanation of terms
-
High value chemicals: High value chemicals (HVCs) produced via steam cracking include ethylene, propylene from the pyrolysis gas of steam crackers, benzene (contained amounts, excluding extracted amounts), butadiene (also contained), acetylene, and hydrogen sold (as fuel).
-
Steam cracking: Steam cracking is the main method of breaking down large molecules of hydrocarbons, in which a gaseous or liquid hydrocarbon is diluted with steam and then heated. The main product for steam cracking process is HVC’s.
Coal reserves methodology
(C-CO9.4a) Explain which listing requirements or other methodologies you have used to provide reserves data in C-CO9.2a. If your organization cannot provide data due to legal restrictions on reporting reserves figures in certain countries, please explain this.
Change from 2019
No change
Rationale
The intention of this question is to highlight any limitations on the comparability of data that may be due to different methodologies being used.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- There are a variety of listing requirements or other methodologies available which you may use to aid in providing reserves data.
- Please give the name of listing requirements or other methodologies or give a description of an in-house methodology or a combination of in-house and published methodologies used to provide reserves data in C-CO9.2a.
- Please provide a description of the listing requirements, methodology or methodologies that you have used to provide reserves data in C-CO9.2a.
- CDP makes no judgments on the listing requirements or other methodologies applied by companies and it is not the intention to seek any proprietary information on how to estimate reserves.
- If your organization cannot provide data due to legal restrictions on reporting reserves figures in certain countries, please explain this.
CAPEX: power generation
(C-EU9.5a) Break down, by source, your total planned CAPEX in your current CAPEX plan for power generation.
Change from 2019
Minor change
Rationale
Understanding an electric utility’s total planned CAPEX for power generation informs the vulnerability of the organization to emerging climate-related risks and opportunities and the flexibility to continue the current technology portfolio at lower financial returns in a transition period to low-carbon technologies.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Primary power generation source
|
CAPEX planned for power generation from this source
|
Percentage of total CAPEX planned for power generation
|
End year of CAPEX plan
|
Comment
|
Select from:
- Coal – hard
- Lignite
- Oil
- Gas
- Biomass
- Waste (non-biomass)
- Nuclear
- Geothermal
- Hydropower
- Wind
- Solar
- Marine
- Fossil-fuel plants fitted with CCS
- Other, please specify
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-100 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 2020-2100]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
CAPEX planned for power generation from this source (column 2)
- Enter your planned CAPEX for the power generation capacity selected.
- The CAPEX figure should be in the currency you selected in C0.4.
Percentage of total CAPEX planned for power generation (column 3)
- Enter the percentage that this CAPEX represents in terms of total CAPEX planned for power generation in your current CAPEX plan for power generation.
Explanation of terms
-
Capital expenditure (CAPEX): Capital expenditure (CAPEX) are funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment, often used to undertake new projects or investments by the firm.
CAPEX: products and service
(C-EU9.5b) Break down your total planned CAPEX in your current CAPEX plan for products and services (e.g. smart grids, digitalization, etc.).
Change from 2019
No change
Rationale
The advancement of decentralized power production and new technologies underpins the potential of the electric utilities sector to undergo a transition to low-carbon energy sources. The level of investment in emerging products and services provides an indication of the level to which future earning capacity of core business might be impacted.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Products and services
|
Description of product/service
|
CAPEX planned for product/service
|
Percentage of total CAPEX planned for products and services
|
End year of CAPEX plan
|
Select from:
- Distributed generation
- Home storage systems
- Smart appliances
- Home systems
- Prosumer services
- Information campaigns
- Audits
- Tariff measures
- Energy audits
- Energy management services
- Electric vehicles
- Charging networks
- Heating systems
- HVAC
- CHP
- Lighting
- Smart grid
- Micro-grid
- Large-scale storage
- Other, please specify
|
Text field [maximum 2,400 characters]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 0-100 using a maximum of 2 decimal places]
|
Numerical field [enter a number from 2020-2100]
|
[Add Row]
Requested content
General
- If you select “Other, please specify,” provide a label for the product and/or service.
Description of product/service (column 2)
- Provide a description of the application of the new product or service. Please include:
- An overview of the product and service;
- The applicable markets and customer type (residential, commercial, municipal);
- The number of customers product/service may impact; and
- The expected energy production and/or energy savings associated and the stage of implementation (exploration, installation, initial or full implementation).
CAPEX planned for product/service (column 3)
- Enter your planned CAPEX for the new product/service you are reporting.
- The CAPEX figure should be in the currency you selected in C0.4.
Percentage of total CAPEX planned for products and services (column 4)
- Enter the percentage that this CAPEX represents in terms of total CAPEX planned for products and service.
Explanation of terms
-
Capital expenditure (CAPEX): Capital expenditure (CAPEX) are funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment, often used to undertake new projects or investments by the firm.
Low-carbon investments
(C-CE9.6/C-CG9.6/C-CH9.6/C-CN9.6/C-CO9.6/C-EU9.6/C-MM9.6/C-OG9.6/C-RE9.6/C-ST9.6/C-TO9.6/C-TS9.6) Does your organization invest in research and development (R&D) of low-carbon products or services related to your sector activities?
Change from 2019
New question
Rationale
Investment in R&D of new low-carbon technologies is needed to mitigate transition risk. According to the TCFD recommendations, the level of investment provides an indication of how exposed future earning capacity is to climate risks.
Response options
Please complete the following table:
Investment in low-carbon R&D
|
Comment
|
Select from:
|
Text field [maximum 2,400 characters]
|
Explanation of terms
- Low-carbon product or service: Despite the increasing focus on low-carbon investments, there is no precise and generally accepted definition of low-carbon products/services. It can be loosely defined as a product or service that leads to an absolute reduction in GHG emissions or to reduced carbon intensity of an activity. To define whether the product or service is low-carbon, CDP encourages the use of existing industry taxonomies and frameworks such as Climate Bonds Taxonomy, the Global Investor Coalition on Climate Change’s Low Carbon Investment Registry, and the EU Taxonomy for Environmentally Sustainable Economic Activities.
- Research and development (R&D): Refers to the activities companies undertake to innovate and introduce new products and services. It is often the first stage in the development process. Investment in R&D is a type of operating expense associated with the research and development of a company's goods or services.
(C-CE9.6a) Provide details of your organization’s investments in low-carbon R&D
for cement production activities over the last three years.
Question dependencies
This question only appears if you select “Yes” in response to C-CE9.6/C-CG9.6/C-CH9.6/C-CN9.6/C-CO9.6/C-EU9.6/C-MM9.6/C-OG9.6/C-RE9.6/C-ST9.6/C-TO9.6/C-TS9.6.
Change from 2019
Modified question (2019 C-CE9.6)
Rationale
Actions being taken by high intensity sectors are key in the transition to a low-carbon economy. Specifically, the level of investments in low-carbon R&D provides an indication of the level to which future earning capacity of core business might be affected, and the extent to which future resilience to climate-related issues can be incorporated in businesses.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Technology area
|
Stage of development in the reporting year
|
Average % of total R&D investment over the last 3 years
|
R&D investment figure in the reporting year (optional)
|
Comment
|
Select from:
- Dry kiln
- Waste heat recovery
- Fuel switching
- Low clinker cement
- Alternative low-CO2 cements/binders
- Carbon capture and storage (CCS)
- Carbon capture, utilization and storage (CCUS)
- Unable to disaggregate by technology area
- Other, please specify
|
Select from:
- Basic academic/theoretical research
- Applied research and development
- Pilot demonstration
- Full/commercial-scale demonstration
- Small scale commercial deployment
- Large scale commercial deployment
|
Select from:
- 0
- ≤20%
- 21 - 40%
- 41 - 60%
- 61 - 80%
- 81 - 100%
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Technology area (column 1)
- Select the option that best describes the technology that the
investment relates to.
- If you invest in low-carbon R&D relating to multiple technologies,
please provide data for each investment separately by adding one row per technology
area.
- If you invest in low-carbon R&D but are unable to provide
details relating to a specific technology, select “Unable to disaggregate by technology
area” and provide further details in the “Comment” column.
Stage of development in the reporting year (column 2)
- Select the option that best describes the stage of development of
the low-carbon technology the investment relates to in the reporting year.
- This column will not appear if “Unable to disaggregate by technology
area” is selected in the previous column.
Average % of total R&D investment over the last 3 years (column 3)
- Select the percentage range that best represents the investment in
low-carbon R&D relating to the selected technology area as an average proportion
of your total R&D spend over the last 3 years.
- If you are unable to disaggregate your investments by technology
area, you should select the percentage range that best represents your total
investment in low-carbon R&D as an average proportion of your total R&D
spend over the last 3 years.
- This figure can be calculated with the following formula, where X is
your reporting year:
R&D investment figure in the reporting year (optional) (column 4)
- If you wish to provide the low-carbon R&D investment figure in the reporting year relating to the technology area (or overall if unable to disaggregate), you can do so in this column. This is optional.
Comment (column 5) (optional)
- You may wish to provide further details of your investments in low-carbon R&D, their trend, and any other pertinent information relating to the technology.
- If you are unable to disclose investments relating to specific low-carbon technologies, you may wish to explain your organization’s general approach to low-carbon R&D in this column.
Explanation of terms
- Low-carbon product or service: Despite the increasing focus on low-carbon investments, there is no precise and generally accepted definition of what a low-carbon product/service is. It can be loosely defined as a product or service that leads to an absolute reduction in GHG emissions or to reduced carbon intensity of an activity. To define whether the product or service is low-carbon, CDP encourages using existing industry taxonomies and frameworks such as Climate Bonds Taxonomy, the Global Investor Coalition on Climate Change’s Low Carbon Investment Registry, and the EU Taxonomy for Environmentally Sustainable Economic Activities.
- Research and development (R&D): Refers to the activities companies undertake to innovate and introduce new products and services. It is often the first stage in the development process.
- R&D investment: a type of operating expense associated with the research and development of a company's goods or services.
-
Carbon capture and storage (CCS): As defined by the IEA, a family of technologies and techniques that enable the capture of carbon dioxide (CO2) from fuel combustion or industrial processes, the transport of CO2 via ships or pipelines, and its storage underground, in depleted oil and gas fields and deep saline formations.
-
Carbon capture, utilization and storage (CCUS): A family of technologies and techniques in which carbon dioxide (CO2) is captured and utilized/used. Examples of direct utilization include CO2 use in the food and drink industry and for enhanced oil recovery. CO2 can also be converted into chemicals or fuels. If CO2 is stored but not utilized, then the process should be classified as CCS.
- Alternative “low CO2” cementitious materials (also referred to as “low-CO2
materials” and “alternative low-CO2 cements/binders”): Alternative binding
systems that represent a major shift from the traditional process of producing
Portland clinker and cement, e.g. alkali activated cements. These alternative
cements reduce CO
2 process emissions, which are significant and inherent in
Portland clinker production.
(C-CG9.6a) Provide details of your organization’s investments in low-carbon R&D for capital goods products and services over the last three years.
Question dependencies
This question only appears if you select “Yes” in response to C-CE9.6/C-CG9.6/C-CH9.6/C-CN9.6/C-CO9.6/C-EU9.6/C-MM9.6/C-OG9.6/C-RE9.6/C-ST9.6/C-TO9.6/C-TS9.6.
Change from 2019
New question
Rationale
Actions being taken by high intensity sectors are key in the transition to a low-carbon economy. Specifically, the level of investments in low-carbon R&D provides an indication of the level to which future earning capacity of core business might be affected, and the extent to which future resilience to climate-related issues can be incorporated in businesses.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Technology area
|
Stage of development in the reporting year
|
Average % of total R&D investment over the last 3 years
|
R&D investment figure in the reporting year (optional)
|
Comment
|
Select from:
- Carbon
capture and storage (CCS)
- Carbon
capture, utilization and storage (CCUS)
- Distributed
energy resources (DER)
- Electromobility
components
- Energy
efficient heating and cooling systems
- Energy
storage
- Hydrogen
power
- Machinery
automation
- Other energy
efficient products or efficiency drivers
- Recycling
- Remanufacturing
- Renewable
energy
- Smart
systems
- Unable to disaggregate
by technology area
- Other,
please specify
|
Select from:
- Basic academic/theoretical research
- Applied research and development
- Pilot demonstration
- Full/commercial-scale demonstration
- Small scale commercial deployment
- Large scale commercial deployment
|
Select from:
- 0
- ≤20%
- 21 - 40%
- 41 - 60%
- 61 - 80%
- 81 - 100%
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Technology area (column 1)
- Select the option that best describes the technology that the
investment relates to.
- If you invest in low-carbon R&D relating to multiple technologies,
please provide data for each investment separately by adding one row per technology
area.
- If you invest in low-carbon R&D but are unable to provide
details relating to a specific technology, select “Unable to disaggregate by technology
area” and provide further details in the “Comment” column.
Stage of development in the reporting year (column 2)
- Select the option that best describes the stage of development of
the low-carbon technology the investment relates to in the reporting year.
- This column will not appear if “Unable to disaggregate by technology
area” is selected in the previous column.
Average % of total R&D investment over the last 3 years (column 3)
- Select the percentage range that best represents the investment in
low-carbon R&D relating to the selected technology area as an average proportion
of your total R&D spend over the last 3 years.
- If you are unable to disaggregate your investments by technology
area, you should select the percentage range that best represents your total
investment in low-carbon R&D as an average proportion of your total R&D
spend over the last 3 years.
- This figure can be calculated with the following formula, where X is
your reporting year:
R&D investment figure in the reporting year (optional) (column 4)
- If you wish to provide the low-carbon R&D investment figure in the reporting year relating to the technology area (or overall if unable to disaggregate), you can do so in this column. This is optional.
Comment (column 5) (optional)
- You may wish to provide further details of your investments in low-carbon R&D, their trend, and any other pertinent information relating to the technology.
- If you are unable to disclose investments relating to specific low-carbon technologies, you may wish to explain your organization’s general approach to low-carbon R&D in this column.
Explanation of terms
- Low-carbon product or service: Despite the increasing focus on low-carbon investments, there is no precise and generally accepted definition of what a low-carbon product/service is. It can be loosely defined as a product or service that leads to an absolute reduction in GHG emissions or to reduced carbon intensity of an activity. To define whether the product or service is low-carbon, CDP encourages using existing industry taxonomies and frameworks such as Climate Bonds Taxonomy, the Global Investor Coalition on Climate Change’s Low Carbon Investment Registry, and the EU Taxonomy for Environmentally Sustainable Economic Activities.
- Research and development (R&D): Refers to the activities companies undertake to innovate and introduce new products and services. It is often the first stage in the development process.
- R&D investment: a type of operating expense associated with the research and development of a company's goods or services.
-
Carbon capture and storage (CCS): As defined by the IEA, a family of technologies and techniques that enable the capture of carbon dioxide (CO2) from fuel combustion or industrial processes, the transport of CO2 via ships or pipelines, and its storage underground, in depleted oil and gas fields and deep saline formations.
-
Carbon capture, utilization and storage (CCUS): A family of technologies and techniques in which carbon dioxide (CO2) is captured and utilized/used. Examples of direct utilization include CO2 use in the food and drink industry and for enhanced oil recovery. CO2 can also be converted into chemicals or fuels. If CO2 is stored but not utilized, then the process should be classified as CCS.
-
Distributed energy resources (DER): Technologies consisting primarily of energy generation and storage systems placed at or near the point of use. Distributed (or decentralized) energy encompasses a range of technologies including fuel cells, microturbines, reciprocating engines, load reduction, and other energy management technologies.
-
Electromobility components: Components of electric and hybrid vehicles supplied to the automotive industry, such as charging technology, voltage transformers, electric motors and inverters or components thereof.
(C-CH9.6a) Provide details of your organization’s investments in low-carbon R&D for chemical production activities over the last three years.
Question dependencies
This question only appears if you select “Yes” in response to C-CE9.6/C-CG9.6/C-CH9.6/C-CN9.6/C-CO9.6/C-EU9.6/C-MM9.6/C-OG9.6/C-RE9.6/C-ST9.6/C-TO9.6/C-TS9.6.
Change from 2019
Modified question (2019 C-CH9.6)
Rationale
Actions being taken by high intensity sectors are key in the transition to a low-carbon economy. Specifically, the level of investments in low-carbon R&D provides an indication of the level to which future earning capacity of core business might be affected, and the extent to which future resilience to climate-related issues can be incorporated in businesses.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Technology area
|
Stage of development in the reporting year
|
Average % of total R&D investment over the last 3 years
|
R&D investment figure in the reporting year (optional)
|
Comment
|
Select from:
- Waste heat recovery
- Process step integration
- Radical process redesign
- Product redesign
- Carbon capture and storage (CCS)
- Carbon capture, utilization and storage (CCUS)
- Bio technology
- Unable to disaggregate by technology area
- Other, please specify
|
Select from:
- Basic academic/theoretical research
- Applied research and development
- Pilot demonstration
- Full/commercial-scale demonstration
- Small scale commercial deployment
- Large scale commercial deployment
|
Select from:
- 0
- ≤20%
- 21 - 40%
- 41 - 60%
- 61 - 80%
- 81 - 100%
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Technology area (column 1)
- Select the option that best describes the technology that the
investment relates to.
- If you invest in low-carbon R&D relating to multiple technologies,
please provide data for each investment separately by adding one row per technology
area.
- If you invest in low-carbon R&D but are unable to provide
details relating to a specific technology, select “Unable to disaggregate by technology
area” and provide further details in the “Comment” column.
Stage of development in the reporting year (column 2)
- Select the option that best describes the stage of development of
the low-carbon technology the investment relates to in the reporting year.
- This column will not appear if “Unable to disaggregate by technology
area” is selected in the previous column.
Average % of total R&D investment over the last 3 years (column 3)
- Select the percentage range that best represents the investment in
low-carbon R&D relating to the selected technology area as an average proportion
of your total R&D spend over the last 3 years.
- If you are unable to disaggregate your investments by technology
area, you should select the percentage range that best represents your total
investment in low-carbon R&D as an average proportion of your total R&D
spend over the last 3 years.
- This figure can be calculated with the following formula, where X is
your reporting year:
R&D investment figure in the reporting year (optional) (column 4)
- If you wish to provide the low-carbon R&D investment figure in the reporting year relating to the technology area (or overall if unable to disaggregate), you can do so in this column. This is optional.
Comment (column 5) (optional)
- You may wish to provide further details of your investments in low-carbon R&D, their trend, and any other pertinent information relating to the technology.
- If you are unable to disclose investments relating to specific low-carbon technologies, you may wish to explain your organization’s general approach to low-carbon R&D in this column.
Explanation of terms
- Low-carbon product or service: Despite the increasing focus on low-carbon investments, there is no precise and generally accepted definition of what a low-carbon product/service is. It can be loosely defined as a product or service that leads to an absolute reduction in GHG emissions or to reduced carbon intensity of an activity. To define whether the product or service is low-carbon, CDP encourages using existing industry taxonomies and frameworks such as Climate Bonds Taxonomy, the Global Investor Coalition on Climate Change’s Low Carbon Investment Registry, and the EU Taxonomy for Environmentally Sustainable Economic Activities.
- Research and development (R&D): Refers to the activities companies undertake to innovate and introduce new products and services. It is often the first stage in the development process.
- R&D investment: a type of operating expense associated with the research and development of a company's goods or services.
-
Carbon capture and storage (CCS): As defined by the IEA, a family of technologies and techniques that enable the capture of carbon dioxide (CO2) from fuel combustion or industrial processes, the transport of CO2 via ships or pipelines, and its storage underground, in depleted oil and gas fields and deep saline formations.
-
Carbon capture, utilization and storage (CCUS): A family of technologies and techniques in which carbon dioxide (CO2) is captured and utilized/used. Examples of direct utilization include CO2 use in the food and drink industry and for enhanced oil recovery. CO2 can also be converted into chemicals or fuels. If CO2 is stored but not utilized, then the process should be classified as CCS.
(C-CN9.6a/C-RE9.6a) Provide details of your organization’s investments in low-carbon R&D for real estate and construction activities over the last three years.
Question dependencies
This question only appears if you select “Yes” in response to C-CE9.6/C-CG9.6/C-CH9.6/C-CN9.6/C-CO9.6/C-EU9.6/C-MM9.6/C-OG9.6/C-RE9.6/C-ST9.6/C-TO9.6/C-TS9.6.
Change from 2019
New question
Rationale
Actions being taken by high intensity sectors are key in the transition to a low-carbon economy. Specifically, the level of investments in low-carbon R&D provides an indication of the level to which future earning capacity of core business might be affected, and the extent to which future resilience to climate-related issues can be incorporated in businesses.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Technology area
|
Stage of development in the reporting year
|
Average % of total R&D investment over the last 3 years
|
R&D investment figure in the reporting year (optional)
|
Comment
|
Select from:
- Architectural or constructional elements improving the thermal
performance of buildings
- New building materials
- Building energy management systems
- Construction methods
- HVAC systems
- Appliances and lighting
- Integration of renewable energy sources in buildings
- Passive buildings
- Resilient buildings
- Unable to disaggregate by technology area
- Other, please specify
|
Select from:
- Basic academic/theoretical research
- Applied research and development
- Pilot demonstration
- Full/commercial-scale demonstration
- Small scale commercial deployment
- Large scale commercial deployment
|
Select from:
- 0
- ≤20%
- 21 - 40%
- 41 - 60%
- 61 - 80%
- 81 - 100%
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Technology area (column 1)
- Select the option that best describes the technology that the
investment relates to.
- If you invest in low-carbon R&D relating to multiple technologies,
please provide data for each investment separately by adding one row per technology
area.
- If you invest in low-carbon R&D but are unable to provide
details relating to a specific technology, select “Unable to disaggregate by technology
area” and provide further details in the “Comment” column.
Stage of development in the reporting year (column 2)
- Select the option that best describes the stage of development of
the low-carbon technology the investment relates to in the reporting year.
- This column will not appear if “Unable to disaggregate by technology
area” is selected in the previous column.
Average % of total R&D investment over the last 3 years (column 3)
- Select the percentage range that best represents the investment in
low-carbon R&D relating to the selected technology area as an average proportion
of your total R&D spend over the last 3 years.
- If you are unable to disaggregate your investments by technology
area, you should select the percentage range that best represents your total
investment in low-carbon R&D as an average proportion of your total R&D
spend over the last 3 years.
- This figure can be calculated with the following formula, where X is
your reporting year:
R&D investment figure in the reporting year (optional) (column 4)
- If you wish to provide the low-carbon R&D investment figure in the reporting year relating to the technology area (or overall if unable to disaggregate), you can do so in this column. This is optional.
Comment (column 5) (optional)
- You may wish to provide further details of your investments in low-carbon R&D, their trend, and any other pertinent information relating to the technology.
- If you are unable to disclose investments relating to specific low-carbon technologies, you may wish to explain your organization’s general approach to low-carbon R&D in this column.
Explanation of terms
- Low-carbon product or service: Despite the increasing focus on low-carbon investments, there is no precise and generally accepted definition of what a low-carbon product/service is. It can be loosely defined as a product or service that leads to an absolute reduction in GHG emissions or to reduced carbon intensity of an activity. To define whether the product or service is low-carbon, CDP encourages using existing industry taxonomies and frameworks such as Climate Bonds Taxonomy, the Global Investor Coalition on Climate Change’s Low Carbon Investment Registry, and the EU Taxonomy for Environmentally Sustainable Economic Activities.
- Research and development (R&D): Refers to the activities companies undertake to innovate and introduce new products and services. It is often the first stage in the development process.
- R&D investment: a type of operating expense associated with the research and development of a company's goods or services.
- Building energy management system (BEMS): An integrated system comprising hardware, software, and services that leverage information and communication technology for monitoring, automating, and controlling energy consumption. Examples include smart meters and smart billing, data analytics, performance optimization and others.
(C-CO9.6a/C-EU9.6a/C-OG9.6a) Provide details of your organization's investments in low-carbon R&D for your sector activities over the last three years.
Question dependencies
This question only appears if you select “Yes” in response to C-CE9.6/C-CG9.6/C-CH9.6/C-CN9.6/C-CO9.6/C-EU9.6/C-MM9.6/C-OG9.6/C-RE9.6/C-ST9.6C-TO9.6/C-TS9.6.
Change from 2019
Modified question (2019 C-CO9.6/C-EU9.6/C-OG9.6)
Rationale
Actions being taken by high intensity sectors are key in the transition to a low-carbon economy. Specifically, the level of investments in low-carbon R&D provides an indication of the level to which future earning capacity of core business might be affected, and the extent to which future resilience to climate-related issues can be incorporated in businesses.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Technology area
|
Stage of development in the reporting year
|
Average % of total R&D investment over the last 3 years
|
R&D investment figure in the reporting year (optional)
|
Comment
|
Select from:
Coal
- Advanced control systems
- Carbon capture and storage/utilization
- Coal bed methane capture
- Combustion optimization and modification
- Monitoring systems to reduce emissions
- Process improvements
- Renewable energy
- Steam turbine and/or other component upgrades
- Unable to disaggregate by technology area
- Other, please specify
Electric Utilities
- Carbon capture and storage/utilization
- Demand side response programs
- Digital technology
- Distributed energy resources
- Energy storage
- Infrastructure
- Renewable energy
- Smart grids
- Smart meters
- Steam turbine and/or other component upgrades
- Unable to disaggregate by technology area
- Other, please specify
Oil and Gas
- Infrastructure
- Renewable energy
- Smart systems
- Advanced fluids
- Advanced materials
- Carbon capture and storage/utilization
- Enhanced Oil Recovery (EOR) techniques
- Hydrogen
- Methane detection and reduction
- Energy efficiency in transport
- Steam turbine and/or other component upgrades
- Other energy efficiency measures in the oil and gas value chain
- Unable to disaggregate by technology area
- Other, please specify
|
Select from:
- Basic academic/theoretical research
- Applied research and development
- Pilot demonstration
- Full/commercial-scale demonstration
- Small scale commercial deployment
- Large scale commercial deployment
|
Select from:
- 0
- ≤20%
- 21 - 40%
- 41 - 60%
- 61 - 80%
- 81 - 100%
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Technology area (column 1)
- Select the option that best describes the technology that the
investment relates to.
- If you invest in low-carbon R&D relating to multiple technologies,
please provide data for each investment separately by adding one row per technology
area.
- If you invest in low-carbon R&D but are unable to provide
details relating to a specific technology, select “Unable to disaggregate by technology
area” and provide further details in the “Comment” column.
Stage of development in the reporting year (column 2)
- Select the option that best describes the stage of development of
the low-carbon technology the investment relates to in the reporting year.
- This column will not appear if “Unable to disaggregate by technology
area” is selected in the previous column.
Average % of total R&D investment over the last 3 years (column 3)
- Select the percentage range that best represents the investment in
low-carbon R&D relating to the selected technology area as an average proportion
of your total R&D spend over the last 3 years.
- If you are unable to disaggregate your investments by technology
area, you should select the percentage range that best represents your total
investment in low-carbon R&D as an average proportion of your total R&D
spend over the last 3 years.
- This figure can be calculated with the following formula, where X is
your reporting year:
R&D investment figure in the reporting year (optional) (column 4)
- If you wish to provide the low-carbon R&D investment figure in the reporting year relating to the technology area (or overall if unable to disaggregate), you can do so in this column. This is optional.
Comment (column 5) (optional)
- You may wish to provide further details of your investments in low-carbon R&D, their trend, and any other pertinent information relating to the technology.
- If you are unable to disclose investments relating to specific low-carbon technologies, you may wish to explain your organization’s general approach to low-carbon R&D in this column.
Explanation of terms
- Low-carbon product or service: Despite the increasing focus on low-carbon investments, there is no precise and generally accepted definition of what a low-carbon product/service is. It can be loosely defined as a product or service that leads to an absolute reduction in GHG emissions or to reduced carbon intensity of an activity. To define whether the product or service is low-carbon, CDP encourages using existing industry taxonomies and frameworks such as Climate Bonds Taxonomy, the Global Investor Coalition on Climate Change’s Low Carbon Investment Registry, and the EU Taxonomy for Environmentally Sustainable Economic Activities.
- Research and development (R&D): Refers to the activities companies undertake to innovate and introduce new products and services. It is often the first stage in the development process.
- R&D investment: a type of operating expense associated with the research and development of a company's goods or services.
(C-MM9.6a) Provide details of your organization’s investments in low-carbon R&D for metals and mining production activities over the last three years.
Question dependencies
This question only appears if you select “Yes” in response to C-CE9.6/C-CG9.6/C-CH9.6/C-CN9.6/C-CO9.6/C-EU9.6/C-MM9.6/C-OG9.6/C-RE9.6/C-ST9.6/C-TO9.6/C-TS9.6.
Change from 2019
Modified question (2019 C-MM9.6)
Rationale
Actions being taken by high intensity sectors are key in the transition to a low-carbon economy. Specifically, the level of investments in low-carbon R&D provides an indication of the level to which future earning capacity of core business might be affected, and the extent to which future resilience to climate-related issues can be incorporated in businesses.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Technology area
|
Stage of development in the reporting year
|
Average % of total R&D investment over the last 3 years
|
R&D investment figure in the reporting year (optional)
|
Comment
|
Select from:
- Green metals
- Metal recycling
- Waste reprocessing
- Unable to disaggregate by technology area
- Other, please specify
|
Select from:
- Basic academic/theoretical research
- Applied research and development
- Pilot demonstration
- Full/commercial-scale demonstration
- Small scale commercial deployment
- Large scale commercial deployment
|
Select from:
- 0
- ≤20%
- 21 - 40%
- 41 - 60%
- 61 - 80%
- 81 - 100%
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Technology area (column 1)
- Select the option that best describes the technology that the
investment relates to.
- If you invest in low-carbon R&D relating to multiple technologies,
please provide data for each investment separately by adding one row per technology
area.
- If you invest in low-carbon R&D but are unable to provide
details relating to a specific technology, select “Unable to disaggregate by technology
area” and provide further details in the “Comment” column.
Stage of development in the reporting year (column 2)
- Select the option that best describes the stage of development of
the low-carbon technology the investment relates to in the reporting year.
- This column will not appear if “Unable to disaggregate by technology
area” is selected in the previous column.
Average % of total R&D investment over the last 3 years (column 3)
- Select the percentage range that best represents the investment in
low-carbon R&D relating to the selected technology area as an average proportion
of your total R&D spend over the last 3 years.
- If you are unable to disaggregate your investments by technology
area, you should select the percentage range that best represents your total
investment in low-carbon R&D as an average proportion of your total R&D
spend over the last 3 years.
- This figure can be calculated with the following formula, where X is
your reporting year:
R&D investment figure in the reporting year (optional) (column 4)
- If you wish to provide the low-carbon R&D investment figure in the reporting year relating to the technology area (or overall if unable to disaggregate), you can do so in this column. This is optional.
Comment (column 5) (optional)
- You may wish to provide further details of your investments in low-carbon R&D, their trend, and any other pertinent information relating to the technology.
- If you are unable to disclose investments relating to specific low-carbon technologies, you may wish to explain your organization’s general approach to low-carbon R&D in this column.
Explanation of terms
- Low-carbon product or service: Despite the increasing focus on low-carbon investments, there is no precise and generally accepted definition of what a low-carbon product/service is. It can be loosely defined as a product or service that leads to an absolute reduction in GHG emissions or to reduced carbon intensity of an activity. To define whether the product or service is low-carbon, CDP encourages using existing industry taxonomies and frameworks such as Climate Bonds Taxonomy, the Global Investor Coalition on Climate Change’s Low Carbon Investment Registry, and the EU Taxonomy for Environmentally Sustainable Economic Activities.
- Research and development (R&D): Refers to the activities companies undertake to innovate and introduce new products and services. It is often the first stage in the development process.
- R&D investment: a type of operating expense associated with the research and development of a company's goods or services.
- Green metals: Advanced
alloyed metals that provide improved properties that result in less mass of
material required for the same application.
- Waste reprocessing: Refers
to the use of mining waste as a feedstock for the production of valuable
products
(C-ST9.6a) Provide details of your organization’s investments in low-carbon R&D for steel production activities over the last three years.
Question dependencies
This question only appears if you select “Yes” in response to C-CE9.6/C-CG9.6/C-CH9.6/C-CN9.6/C-CO9.6/C-EU9.6/C-MM9.6/C-OG9.6/C-RE9.6/C-ST9.6/C-TO9.6/C-TS9.6.
Change from 2019
Modified question (2019 C-ST9.6)
Rationale
Actions being taken by high intensity sectors are key in the transition to a low-carbon economy. Specifically, the level of investments in low-carbon R&D provides an indication of the level to which future earning capacity of core business might be affected, and the extent to which future resilience to climate-related issues can be incorporated in businesses.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Technology area
|
Stage of development in the reporting year
|
Average % of total R&D investment over the last 3 years
|
R&D investment figure in the reporting year (optional)
|
Comment
|
Select from:
- Efficiency/recovery equipment on existing process plant
- New process plant with improved efficiency
- Alternative steelmaking processes
- Carbon capture and storage (CCS)
- Carbon capture, utilization and storage (CCUS)
- Unable to disaggregate by technology area
- Other, please specify
|
Select from:
- Basic academic/theoretical research
- Applied research and development
- Pilot demonstration
- Full/commercial-scale demonstration
- Small scale commercial deployment
- Large scale commercial deployment
|
Select from:
- 0
- ≤20%
- 21 - 40%
- 41 - 60%
- 61 - 80%
- 81 - 100%
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Technology area (column 1)
- Select the option that best describes the technology that the
investment relates to.
- If you invest in low-carbon R&D relating to multiple technologies,
please provide data for each investment separately by adding one row per technology
area.
- If you invest in low-carbon R&D but are unable to provide
details relating to a specific technology, select “Unable to disaggregate by technology
area” and provide further details in the “Comment” column.
Stage of development in the reporting year (column 2)
- Select the option that best describes the stage of development of
the low-carbon technology the investment relates to in the reporting year.
- This column will not appear if “Unable to disaggregate by technology
area” is selected in the previous column.
Average % of total R&D investment over the last 3 years (column 3)
- Select the percentage range that best represents the investment in
low-carbon R&D relating to the selected technology area as an average proportion
of your total R&D spend over the last 3 years.
- If you are unable to disaggregate your investments by technology
area, you should select the percentage range that best represents your total
investment in low-carbon R&D as an average proportion of your total R&D
spend over the last 3 years.
- This figure can be calculated with the following formula, where X is
your reporting year:
R&D investment figure in the reporting year (optional) (column 4)
- If you wish to provide the low-carbon R&D investment figure in the reporting year relating to the technology area (or overall if unable to disaggregate), you can do so in this column. This is optional.
Comment (column 5) (optional)
- You may wish to provide further details of your investments in low-carbon R&D, their trend, and any other pertinent information relating to the technology.
- If you are unable to disclose investments relating to specific low-carbon technologies, you may wish to explain your organization’s general approach to low-carbon R&D in this column.
Explanation of terms
- Low-carbon product or service: Despite the increasing focus on low-carbon investments, there is no precise and generally accepted definition of what a low-carbon product/service is. It can be loosely defined as a product or service that leads to an absolute reduction in GHG emissions or to reduced carbon intensity of an activity. To define whether the product or service is low-carbon, CDP encourages using existing industry taxonomies and frameworks such as Climate Bonds Taxonomy, the Global Investor Coalition on Climate Change’s Low Carbon Investment Registry, and the EU Taxonomy for Environmentally Sustainable Economic Activities.
- Research and development (R&D): Refers to the activities companies undertake to innovate and introduce new products and services. It is often the first stage in the development process.
- R&D investment: a type of operating expense associated with the research and development of a company's goods or services.
-
Carbon capture and storage (CCS): As defined by the IEA, a family of technologies and techniques that enable the capture of carbon dioxide (CO2) from fuel combustion or industrial processes, the transport of CO2 via ships or pipelines, and its storage underground, in depleted oil and gas fields and deep saline formations.
-
Carbon capture, utilization and storage (CCUS): A family of technologies and techniques in which carbon dioxide (CO2) is captured and utilized/used. Examples of direct utilization include CO2 use in the food and drink industry and for enhanced oil recovery. CO2 can also be converted into chemicals or fuels. If CO2 is stored but not utilized, then the process should be classified as CCS.
(C-TO9.6a/C-TS9.6a) Provide details of your organization’s investments in low-carbon R&D for transport-related activities over the last three years.
Question dependencies
This question only appears if you select “Yes” in response to C-CE9.6/C-CG9.6/C-CH9.6/C-CN9.6/C-CO9.6/C-EU9.6/C-MM9.6/C-OG9.6/C-RE9.6/C-ST9.6/C-TO9.6/C-TS9.6.
Change from 2019
Modified question (2019 C-TO9.6/C-TS9.6)
Rationale
Actions being taken by high intensity sectors are key in the transition to a low-carbon economy. Specifically, the level of investments in low-carbon R&D provides an indication of the level to which future earning capacity of core business might be affected, and the extent to which future resilience to climate-related issues can be incorporated in businesses.
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Activity
|
Technology area
|
Stage of development in the reporting year
|
Average % of total R&D investment over the last 3 years
|
R&D investment figure in the reporting year (optional)
|
Comment
|
Select from: Drop-down options determined by transport modes selected in C-TO0.7/C-TS0.7
|
See drop-down options below
|
Select from:
- Basic academic/theoretical research
- Applied research and development
- Pilot demonstration
- Full/commercial-scale demonstration
- Small scale commercial deployment
- Large scale commercial deployment
|
Select from:
- 0
- ≤20%
- 21 - 40%
- 41 - 60%
- 61 - 80%
- 81 - 100%
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Technology area drop-down options (column 2)
Select from:
Light Duty Vehicles (LDV)
- Infrastructure
- Drivetrain
- Electrification
- Alternative fuels
- Materials
- Smart systems
- Business models
- Unable to disaggregate by technology area
- Other, please specify
Heavy Duty Vehicles (HDV)
- Infrastructure
- Drivetrain
- Electrification
- Alternative fuels
- Materials
- Smart systems
- Business models
- Operations
- Management
- Unable to disaggregate by technology area
- Other, please specify
Rail
- Electrification
- Infrastructure
- Drivetrain
- Materials
- Smart systems
- Carriage
- Control systems
- Management
- Unable to disaggregate by technology area
- Other, please specify
|
Marine
- Drivetrain
- Advanced technologies
- Alternative fuels
- Materials
- Operations
- Fuels
- Hydrodynamics/fluid mechanics
- Unable to disaggregate by technology area
- Other, please specify
Aviation
- Airframe
- Aerodynamics
- Alternative fuels
- Propulsion
- Electronics
- Ground handling operations
- Management
- Operations
- Unable to disaggregate by technology area
- Other, please specify
|
Requested content
Activity (column 1)
- Select the activity that you would like to provide data for.
- Activities presented in the drop-down options are determined by transport modes selected in response to C-TO0.7/C-TS0.7.
Technology area (column 2)
- Select the option that best describes the technology that the
investment relates to.
- If you invest in low-carbon R&D relating to multiple technologies,
please provide data for each investment separately by adding one row per technology
area.
- If you invest in low-carbon R&D but are unable to provide
details relating to a specific technology, select “Unable to disaggregate by technology
area” and provide further details in the “Comment” column.
Stage of development in the reporting year (column 3)
- Select the option that best describes the stage of development of
the low-carbon technology the investment relates to in the reporting year.
- This column will not appear if “Unable to disaggregate by technology
area” is selected in the previous column.
Average % of total R&D investment over the last 3 years (column 4)
- Select the percentage range that best represents the investment in
low-carbon R&D relating to the selected technology area as an average proportion
of your total R&D spend over the last 3 years.
- If you are unable to disaggregate your investments by technology
area, you should select the percentage range that best represents your total
investment in low-carbon R&D as an average proportion of your total R&D
spend over the last 3 years.
- This figure can be calculated with the following formula, where X is
your reporting year:
R&D investment figure in the reporting year (optional) (column 5)
- If you wish to provide the low-carbon R&D investment figure in the reporting year relating to the technology area (or overall if unable to disaggregate), you can do so in this column. This is optional.
Comment (column 6) (optional)
- You may wish to provide further details of your investments in low-carbon R&D, their trend, and any other pertinent information relating to the technology.
- If you are unable to disclose investments relating to specific low-carbon technologies, you may wish to explain your organization’s general approach to low-carbon R&D in this column.
Explanation of terms
- Low-carbon product or service: Despite the increasing focus on low-carbon investments, there is no precise and generally accepted definition of what a low-carbon product/service is. It can be loosely defined as a product or service that leads to an absolute reduction in GHG emissions or to reduced carbon intensity of an activity. To define whether the product or service is low-carbon, CDP encourages using existing industry taxonomies and frameworks such as Climate Bonds Taxonomy, the Global Investor Coalition on Climate Change’s Low Carbon Investment Registry, and the EU Taxonomy for Environmentally Sustainable Economic Activities.
- Research and development (R&D): Refers to the activities companies undertake to innovate and introduce new products and services. It is often the first stage in the development process.
Breakeven price (US$/BOE)
(C-OG9.7) Disclose the breakeven price (US$/BOE) required for cash neutrality during the reporting year, i.e. where cash flow from operations covers CAPEX and dividends paid/share buybacks.
Question dependencies
This question only appears if you select “Upstream” or “Downstream” in response to C-OG0.7.
Change from 2019
No change
Rationale
The intention of this question is to provide investors with the average breakeven cost(s) of your current production. This is useful to investors as it provides a measure to compare cash provided by operating activities after deduction of capital expenditures and dividends paid/share buybacks across periods on a consistent basis.
Response options
Please complete the following table:
Breakeven price (US$/BOE) |
---|
Numerical field [Enter a number from 0-999 using a maximum of 2 decimal places]. |
Requested content
General
- Please note that the breakeven price required for cash neutrality is to be reported in US dollars per barrel of oil equivalent.
- Breakeven for the purpose of this question is considered the price at which cash flow from operations covers capital expenditures (CAPEX) and dividends paid/share buybacks.
- If you wish to comment on the figure provided, you may click on the “speech bubble” icon. This is optional.
Explanation of terms
-
Capital expenditure (CAPEX): Capital expenditure (CAPEX) are funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment, often used to undertake new projects or investments by the firm.
Transfers & sequestration of CO2 emissions
(C-OG9.8)
Is your organization involved in the sequestration of CO2?
Question dependencies
This question only appears if you select “Carbon capture and storage/utilization” in response to C-OG0.7.
Change from 2019
No change
Rationale
Carbon capture and storage/utilization (CCS/U) is often presented as one of the key technologies in tackling climate change, to the point where in the majority of climate models, CCS/U is critical to meeting decarbonization goals set by the Paris Agreement to limit global warming to well below 2 degrees by 2100.
Response options
Select one of the following options:
Requested content
General
- Select Yes if your organization is involved in sequestration of CO2.
Explanation of terms
-
Sequestration of CO2: The fixation of atmospheric carbon dioxide in a carbon sink through biological or physical processes.
(C-OG9.8a) Provide, in metric tons CO2, gross masses of CO2 transferred in and out of the reporting organization (as defined by the consolidation basis).
Question dependencies
This question only appears if you select “Yes” in response to C-OG9.8.
Change from 2019
No change
Rationale
CCS/U is beginning to be demonstrated across the world on a variety of sources and scales. Investors and data users are interested in CO2 transfers in and out of the organization to make useful comparisons of CCS/U projects.
Response options
Please complete the following table:
Transfer direction
|
CO2 transferred – reporting year (metric tons CO2)
|
CO2 transferred in
|
Numerical field [enter a number from 0-999,999 using a maximum
of 2 decimal places]
|
CO2 transferred out
|
Numerical field [enter a number from 0-999,999 using a maximum
of 2 decimal places]
|
Requested content
General
CO2 transferred – reporting year (Column 2)
- Examples of transfers of CO2 into an organization (row 1) are:
- Transfer of CO2 from a flue gas stream (e.g. power plant exhaust gas);
- Transfer of CO2 from an industrial process (e.g. ammonia manufacturing, fermentation, hydrogen production); and
- CO2 is purchased from a naturally-occurring underground source
- Examples of transfers of CO2 out of the organization (row 2) are:
- CO2 is sold to the market for carbonated beverages, dry ice, fire extinguisher agents, refrigerant, laboratory gas, grain infestation treatment, solvents, feedstock to other chemical or industrial processes;
- CO2 is transferred to another company for enhanced gas recovery (EGR) operations; and
- CO2 is transferred to another company for enhanced coal bed methane (ECBM) operations.
(C-OG9.8b)
Provide gross masses of CO2 injected and stored for the purposes of CCS during
the reporting year according to the injection and storage pathway.
Question dependencies
This question only appears if you select “Yes” in response to C-OG9.8.
Change from 2019
No change
Rationale
There is an increasing investor recognition that CCS/U is one of the very few ways of reducing emissions in energy-intensive industries. Understanding the quantity of CO2 injected by pathway and the expected percentage of this that is intended for long term storage provides investors with insight into the emission reduction potential of organizations CCS/U projects.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Injection and storage pathway
|
Injected CO2
(metric tons CO2)
|
Percentage of injected CO2 intended for long-term (>100 year) storage
|
Year in which injection began
|
Cumulative CO2 injected and stored (metric tons CO2)
|
Select from:
- Acid gas injection (CO2 and H2S co-injected into a production reservoir)
- CO2 used for enhanced oil recovery (EOR) or enhanced gas recovery (EGR)
- CO2 injected into a geological formation or saline formation for long-term storage
- CO2 used for enhanced coal bed methane (ECBM) operations
- Other, please specify
|
Numerical field [enter a number from 0-99,999,999,999 using a
maximum of 2 decimal places]
|
Numerical field [enter a number from 0-100 using a maximum of 2 decimal places]
|
Numerical field [enter a year e.g. 1999. The value must be in the
range 1900-2019]
|
Numerical field [enter a number from 0-99,999,999,999 using a
maximum of 2 decimal places]
|
[Add Row]
Requested content
Injection and storage pathway (column 1)
- If you select “Other, please specify,” provide a label for the injection and storage pathway.
Year in which injection began (column 4)
- Enter the year in which the injection of CO2 The value must be in the range 1900-2019.
Cumulative CO2 injected and stored (metric tons CO2) (column 5)
- Provide the total figure of CO2 injected and stored over the lifetime of the project to date, since the year in which injection began.
Explanation of terms
-
CO2 injection: Injecting CO2 into carefully selected and managed deep geological formations (e.g. saline formations, depleted oil and gas reservoirs, enhanced oil recovery operations or enhanced coal-bed methane deposits), some of which previously contained hydrocarbons for millions of years.
(C-OG9.8c)
Provide clarification on any other relevant
information pertaining to your activities related to transfer and sequestration
of CO2.
Question dependencies
This question only appears if you select “Yes” in response to C-OG9.8.
Change from 2019
No change
Rationale
Investors are looking to invest in a range of companies that have developed and utilized innovative and commercially viable CCS/U technologies. This question is designed to capture additional relevant information relating to the transfer and sequestration of CO2. It requests information on the consolidation basis used to report transfers and sequestration of CO2 emissions, who owns the transferred emissions and the risk management processes in place.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
Consolidation basis
- Indicate the consolidation basis (financial control, operational control, equity share) used to report transfers and sequestration of CO2 emissions.
- Provide clarification for cases in which different consolidation bases have been used (e.g. for a given activity, capture, injection or storage pathway).
- Provide clarification on whether any oil reservoirs and/or sequestration system (geological or oceanic) have been included within the organizational boundary of the reporting organization.
- Provide details, including degrees to which reservoirs are shared with other entities.
Ownership if transferred emissions
- Explain who (e.g. the reporting organization) owns the transferred emissions and what potential liabilities are attached.
- In the case of sequestered emissions, please clarify whether the reporting organization or one or more third parties owns the sequestered emissions and who has potential liability for them.
Risk management
- Provide details of risk management performed by the reporting organization and/or third party in relation to its CCS/U activities.
- This should cover pre-operational evaluation of the storage (e.g. site characterization), operational monitoring, closure monitoring, remediation for CO2 leakage, and results of third party verification.
Net zero carbon buildings
(C-RE9.9) Does your organization manage net zero carbon buildings?
Change from 2019
New question
Question dependencies
This question only appears if you select “Buildings management” in response to C-CN0.7/C-RE0.7.
Rationale
In line with the TCFD recommendations, regulatory measures such as a transition to low-carbon properties may affect the financial viability of existing properties. Understanding the percentage of net zero carbon buildings provides investors with an indication of the potential impact of regulatory measures on your portfolio/ buildings you deliver.
Response options
Select one of the following options:
- Yes
- No, but we plan to in the future
- No, and we do not plan to in the future
Requested content
General
- Indicate whether your organization has net zero carbon buildings under management. If you respond “Yes”, you will be requested to provide details on your net zero carbon buildings in the following question.
- If you respond “No”, you will be requested to explain your organization’s plan with regards to managing net zero carbon buildings in the future, or explain why you do not plan to do so.
Explanation of terms
- Net zero carbon building: In line with the World Green Building Council’s definition, a building that is highly energy efficient and fully powered from on-site and/or off-site renewable energy sources. More specific definitions have been developed by some local Green Building Councils as well as in some national regulations. If you are operating in countries where the definition of net zero carbon building has been defined in a legal document (e.g. building regulations and energy decrees) or by the local Green Building Council, you should apply that definition when responding to this question. Some of the examples of existing/proposed definitions include:
- Japan: Net Zero Energy Building (ZEB): definition proposed by Ministry of Economy, Trade and Industry-building with considerably reduced annual energy consumption by saving as much energy as possible via better heat insulation, solar shading, natural energy and high-efficiency equipment as well as creating energy (e.g., with photovoltaic power generation), while maintaining comfortable environments. The goal is to achieve net zero energy consumption by creating [renewable] energy while achieving at least 50% higher energy saving than prescribed by the Energy Saving Standard.
- United Kingdom: The Net Zero Carbon Buildings: A Framework Definition: developed by UK Green Building Council sets out definitions and principles around two approaches to net zero carbon – for construction and operational energy, which are of equal importance. Net zero carbon for both construction and operational energy represents the greatest level of commitment to the framework:
- Net zero carbon – construction: when the amount of carbon emissions associated with a building’s product and construction stages up to practical completion is zero or negative, through the use of offsets or the net export of on-site renewable energy;
- Net zero carbon – operational energy: when the amount of carbon emissions associated with the building’s operational energy on an annual basis is zero or negative. A net zero carbon building is highly energy efficient and powered from on-site and/or off-site renewable energy sources, with any remaining carbon balance offset.
(C-RE9.9a) Provide details of the net zero carbon buildings under your organization’s management in the reporting year.
Change from 2019
New question
Question dependencies
This question only appears if you select “Yes” in response to C-RE9.9.
Rationale
In line with the TCFD’s recommendations, regulatory measures such as a transition to low-carbon properties may affect the financial viability of existing properties. Understanding the percentage of net zero carbon buildings provides investors with an indication of the potential impact of regulatory measures on your portfolio. It is acknowledged that certification schemes for net zero carbon buildings are not yet widely available, but where they are, they provide additional credibility to self-evaluated and reported statements regarding net zero carbon.
Response options
Please complete the following table. You are able to add rows using the "Add Row" button at the bottom of the table.
Property sector |
Definition(s) of net zero carbon applied
|
% of net zero carbon buildings in the total portfolio (by floor area) |
Have any of the buildings been certified as net zero carbon?
|
% of buildings certified as net zero carbon in the total portfolio (by floor area) |
Certification scheme(s) |
Comment |
Select from:
- Retail
- Office
- Industrial
- Residential
- Hotel
- Lodging, Leisure & Recreation
- Education
- Technology/Science
- Healthcare
- Mixed use
- Other, please specify
|
Select all that apply:
- National/local green building council standard(s), please specify
- National/local government standard(s), please specify
- International standard(s), please specify
- Other, please specify
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Select from:
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Select all that apply:
- CaGBC Zero Carbon Building Standard – Performance
- Carbon neutral certification against the National Carbon Offset
Standard for Building through NABERS Energy
- Carbon neutral certification against the National Carbon Offset
Standard for Building through Green Star – Performance Innovation Challenges
- carboNZeroCertTM (NZGBC)
- E+C- Label (Énergie Positive & Réduction Carbone)
- EDGE Zero Carbon
- Climate Positive (DGNB)
- GBC Brazil Zero Energy Standard
- GBCSA Net Zero/Net Positive Carbon Certification
- GREENSHIP Zero (GBC Indonesia)
- Indian GBC Zero Energy Standard
- ILFI Living Building Challenge
- ILFI Zero Carbon Certification
- ILFI Zero Energy Building Certification
- LEED Zero Carbon
- LEED Zero Energy
- NollCO2 (SwedenGBC)
- Other, please specify
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- This question requests data on net zero buildings aggregated per property sector.
Definition(s) of net zero carbon applied (column 2)
- If you are operating in countries where the definition of a net zero carbon building has been defined in a legal document (e.g. building regulations and energy decrees) or by the local Green Building Council, you should apply that definition when responding to this question.
- If you are managing buildings in multiple jurisdictions, different definitions of net zero may apply to them. You are requested to specify all of them in that case.
% of net zero carbon buildings in the total portfolio (by floor area) (column 3)
- Indicate the percentage that the net zero carbon buildings within this property sector contribute (by floor area) to your total portfolio in the reporting year.
- The sum of all rows for this column should give the total proportion of your portfolio which is net zero carbon (i.e. a total sum of 100% will indicate that all buildings in your portfolio in the reporting year are net zero carbon).
Have any of the buildings been certified as net zero carbon? (column 4)
- Indicate if any of your net zero carbon buildings have been certified. If you respond “Yes”, you will be requested to provide details in the following columns.
- It is acknowledged that certification schemes for net zero carbon buildings are not yet widely available, but where they are, they provide additional credibility to self-evaluated and reported statements regarding net zero carbon.
% of buildings certified as net zero carbon in the total portfolio (by floor area) (column 5)
- This column will appear only if you selected “Yes” in column 4.
- Indicate the percentage that the certified net zero carbon buildings within this property sector contribute (by floor area) to your total portfolio in the reporting year.
- The sum of all rows for this column should give the total proportion of your portfolio which is certified as net zero carbon (i.e. a total sum of 100% will indicate that all buildings in your portfolio in the reporting year are certified as net zero carbon).
Comment (column 7) (optional)
- You may provide additional information to contextualise your response e.g. the geography of your portfolio and any discrepancies in the definitions of net zero carbon buildings applied in these jurisdictions.
Explanation of terms
- Property sectors (in line with 2020 GRESB Real Estate Assessment)
Retail: Includes the following property types:
Retail, High street: retail buildings located on the high street in a particular area, usually terraced properties located in the city center or other high-traffic pedestrian zones.
Retail centers: shopping centers, strip malls, lifestyle centers and warehouses.
Restaurants/Bars: buildings used primarily for social/entertainment purposes and characterized by most of the revenue being generated from the sale of beverages or food.
Other: other retail properties that do not fit in the aforementioned property types.
Office: Includes the following property types:
Corporate: low-rise, mid-rise and high-rise office properties.
Medical office: examples may include but are not limited to offices specifically used for the purpose of medical administration, secondary research or other purposes, exclusive of the property types specified for Healthcare center.
Business park: a group of office properties being classified as a single financial asset and for which individual property consumption data is not available.
Other: other office properties that do not fit in the aforementioned property types.
Industrial: Includes the following property types:
Distribution warehouses: industrial buildings used for the purpose of storing, processing and distribution of goods to wholesalers, retailers and/or consumers.
Manufacturing: industrial buildings used for the purpose of manufacturing. Otherwise known as a factory or manufacturing plant.
Industrial parks: areas zoned for the purpose of industrial development, where (lightweight) industrial buildings are grouped together with offices. Examples may include, but are not limited to: industrial estates, trading estates and enterprise zones.
Other: other industrial properties that do not fit in the aforementioned property types.
Residential: Includes the following property types:
Residential Multi-family: multiple residential dwelling spaces contained within one building. This includes low-, mid- and high-rise multi-family residential buildings.
Family homes: includes both single-family homes and multi-dwelling units not including apartment blocks. A single-family home is a separate, free-standing residential building. A multi-dwelling family home includes those such as two-flats, duplex, semi-detached, and townhouses. Synonyms include: single-family home, single-detached dwelling, detached house, single-family residence, separate house, free-standing house, townhouse, duplex, condo, semidetached, villa.
Student housing: residential buildings used for the purpose of housing students, otherwise known as student apartments, student houses, student residences, student quarters, and student accommodations.
Retirement living: otherwise known as retirement villages – communities comprised of people at a similar stage in life who are seeking a specific lifestyle. Retirement villages are made up of private homes and usually offer a range of shared facilities.
Other: other residential properties that do not fit in the aforementioned property types.
Hotel: includes hotels, motels, youth hostels and resorts.
Lodging, leisure & recreation: indoor center used for the purpose of leisure and recreation. Examples include but not limited to: indoor arenas, fitness centers, performing arts centers, swimming centers and museums/galleries.
Education: includes schools, universities, libraries and other education properties.
Technology/Science: includes data centers, laboratory/life sciences properties and other specifically designed and equipped technology/science properties.
Healthcare: Includes the following property types:
Healthcare center: buildings used for the purpose of primary healthcare. Examples may include, but are not limited to: hospitals, clinics, physical therapy centers and mental health centers.
Senior homes: healthcare properties used for the purpose of housing seniors, otherwise known as senior assisted living homes, old-age homes, or aged care.
Other: other healthcare properties that do not fit in the aforementioned property types.
Mixed use: Mixed-use buildings that lack data availability by individual property type components.
Other: includes parking (indoors), self-storage, and other properties that do not fit in the aforementioned property types.
Additional information
Certification schemes for net zero carbon buildings
World Green Building Council released a call to action report From Thousands to Billions in May 2017 compelling business, governments and NGOs to take urgent and coordinated action towards achieving 100% net zero carbon buildings by 2050. The report set out a vision for all new buildings to be net zero carbon in operation by 2030, and all existing buildings by 2050. It also set out four key principles for best practice application of net zero. Utilising these principles, Green Building Councils have developed and adapted net zero carbon certification schemes to encourage and recognise net zero carbon leadership in their local context. As of December 2019, there are a total of 11 Green Building Council certification schemes for net zero which have been released, with several more in development. For more information, please visit the WorldGBC website.
(C-CN9.10/C-RE9.10) Did your organization complete new construction or major renovations projects designed as net zero carbon in the last three years?
Change from 2019
New question
Question dependencies
This question only appears if you select “New construction or major renovation of buildings” in response to C-CN0.7/C-RE0.7.
Rationale
In line with TCFD recommendations, regulatory measures such as a transition to low-carbon properties may affect the financial viability of existing properties. Understanding the percentage of net zero carbon buildings provides investors with an indication of the potential impact of regulatory measures on buildings you deliver.
Response options
Select one of the following options:
- Yes
- No, but we plan to in the future
- No, and we do not plan to in the future
Requested content
General
- Indicate whether your organization completed new construction or major renovation projects designed as net zero carbon in the last three years. If you respond “Yes”, you will be requested to provide details on your net zero carbon building projects in the following question.
- If you respond “No”, you will be requested to explain your organization’s plan with regards to developing and/or constructing net zero carbon buildings in the future, or explain why you do not plan to do so.
Explanation of terms
- Net zero carbon building: In line with the World Green Building Council’s definition, a building that is highly energy efficient and fully powered from on-site and/or off-site renewable energy sources. More specific definitions have been developed by some local Green Building Councils as well as in some national regulations. If you are operating in countries where the definition of net zero carbon building has been defined in a legal document (e.g. building regulations and energy decrees) or by the local Green Building Council, you should apply that definition when responding to this question. Some of the examples of existing/proposed definitions include:
- Japan: Net Zero Energy Building (ZEB): definition proposed by Ministry of Economy, Trade and Industry-building with considerably reduced annual energy consumption by saving as much energy as possible via better heat insulation, solar shading, natural energy and high-efficiency equipment as well as creating energy (e.g., with photovoltaic power generation), while maintaining comfortable environments. The goal is to achieve net zero energy consumption by creating [renewable] energy while achieving at least 50% higher energy saving than prescribed by the Energy Saving Standard.
- United Kingdom: The Net Zero Carbon Buildings: A Framework Definition: developed by UK Green Building Council sets out definitions and principles around two approaches to net zero carbon – for construction and operational energy, which are of equal importance. Net zero carbon for both construction and operational energy represents the greatest level of commitment to the framework:
- Net zero carbon – construction: when the amount of carbon emissions associated with a building’s product and construction stages up to practical completion is zero or negative, through the use of offsets or the net export of on-site renewable energy;
- Net zero carbon – operational energy: when the amount of carbon emissions associated with the building’s operational energy on an annual basis is zero or negative. A net zero carbon building is highly energy efficient and powered from on-site and/or off-site renewable energy sources, with any remaining carbon balance offset.
(C-CN9.10a/C-RE9.10a) Provide details of new construction or major renovations projects completed in the last 3 years that were designed as net zero carbon.
Change from 2019
New question
Question dependencies
This question only appears if you select “Yes” in response to C-CN9.10/C-RE9.10.
Rationale
Understanding the percentage of your organizations’ new construction or major renovations projects that were designed as net zero carbon provides investors with an indication of the potential impact of regulatory measures on your business. It is acknowledged that certification schemes for net zero carbon buildings are not yet widely available, but where they are, they provide additional credibility to self-evaluated and reported statements regarding net zero carbon.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Property sector |
Definition(s) of net zero carbon applied
|
% of net zero carbon buildings in the total number of buildings completed in the last 3 years
|
Have any of the buildings been certified as net zero carbon?
|
% of buildings certified as net zero carbon in the total number of buildings completed in the last 3 years
|
Certification scheme(s)
|
Comment |
Select from:
- Retail
- Office
- Industrial
- Residential
- Hotel
- Lodging, Leisure & Recreation
- Education
- Technology/Science
- Healthcare
- Mixed use
- Other, please specify
|
Select all that apply:
- National/local green building council standard, please specify
- National/local government standard, please specify
- International standard, please specify
- Other, please specify
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Select from:
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Select all that apply:
- CaGBC Zero Carbon Building Standard – Performance
- Carbon neutral certification against the National Carbon Offset
Standard for Building through NABERS Energy;
- Carbon neutral certification against the National Carbon Offset Standard
for Building through Green Star – Performance Innovation Challenges
- carboNZeroCertTM (NZGBC)
- E+C- Label (Énergie Positive & Réduction Carbone)
- EDGE Zero Carbon
- Climate Positive (DGNB)
- GBC Brazil Zero Energy Standard
- GBCSA Net Zero/Net Positive Carbon Certification
- GREENSHIP Zero (GBC Indonesia)
- Indian GBC Zero Energy Standard
- ILFI Living Building Challenge
- ILFI Zero Carbon Certification
- ILFI Zero Energy Building Certification
- LEED Zero Carbon
- LEED Zero Energy
- NollCO2 (SwedenGBC)
- Other, please specify
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- This question requests data on net zero buildings aggregated per property sector.
Definition(s) of net zero carbon applied (column 2)
- If your projects are located in countries where the definition of a net zero carbon building has been defined in a legal document (e.g. building regulations and energy decrees) or by the local Green Building Council, you should apply that definition when responding to this question.
- If your projects are located in multiple jurisdictions, different definitions of net zero may apply to them. You are requested to specify all of them in that case.
% of net zero carbon buildings in the total number of buildings completed in the last 3 years (column 3)
- Indicate the percentage that the net zero carbon buildings within this property sector contribute to the total number of buildings completed in the last 3 years.
- The sum of all rows for this column should give the total proportion of the buildings completed in the last three years which are net zero carbon (i.e. a total sum of 100% will indicate that all buildings that you completed in the last three years were designed as net zero carbon)
Have any of the buildings been certified as net zero carbon? (column 4)
- Indicate if any of your net zero carbon buildings have been certified. If you respond “Yes”, you will be requested to provide details in the following columns.
- It is acknowledged that certification schemes for net zero carbon buildings are not yet widely available, but where they are, they provide additional credibility to self-evaluated and reported statements regarding net zero carbon.
% of buildings certified as net zero carbon in the total number of buildings completed in the last 3 years (column 5)
- This column will appear only if you selected “Yes” in column 4.
- Indicate the percentage that the certified net zero carbon buildings within this property sector contribute to the total number of buildings completed in the last 3 years.
- The sum of all rows for this column should give the total proportion of the buildings completed in the last three years which are certified as net zero carbon (i.e. a total sum of 100% will indicate that all buildings that you completed in the last three years were certified as net zero carbon)
Comment (column 7) (optional)
- You may provide additional information to contextualize your response e.g. the location of your projects and any discrepancies in the definitions of net zero carbon buildings applied in these jurisdictions.
Explanation of terms
- Property sectors (in line with 2020 GRESB Real Estate Assessment)
Retail: Includes the following property types:
Retail, High street: retail buildings located on the high street in a particular area, usually terraced properties located in the city center or other high-traffic pedestrian zones.
Retail centers: shopping centers, strip malls, lifestyle centers and warehouses.
Restaurants/Bars: buildings used primarily for social/entertainment purposes and characterized by most of the revenue being generated from the sale of beverages or food.
Other: other retail properties that do not fit in the aforementioned property types.
Office: Includes the following property types:
Corporate: low-rise, mid-rise and high-rise office properties.
Medical office: examples may include but are not limited to offices specifically used for the purpose of medical administration, secondary research or other purposes, exclusive of the property types specified for Healthcare center.
Business park: a group of office properties being classified as a single financial asset and for which individual property consumption data is not available.
Other: other office properties that do not fit in the aforementioned property types.
Industrial: Includes the following property types:
Distribution warehouses: industrial buildings used for the purpose of storing, processing and distribution of goods to wholesalers, retailers and/or consumers.
Manufacturing: industrial buildings used for the purpose of manufacturing. Otherwise known as a factory or manufacturing plant.
Industrial parks: areas zoned for the purpose of industrial development, where (lightweight) industrial buildings are grouped together with offices. Examples may include, but are not limited to: industrial estates, trading estates and enterprise zones.
Other: other industrial properties that do not fit in the aforementioned property types.
Residential: Includes the following property types:
Residential Multi-family: multiple residential dwelling spaces contained within one building. This includes low-, mid- and high-rise multi-family residential buildings.
Family homes: includes both single-family homes and multi-dwelling units not including apartment blocks. A single-family home is a separate, free-standing residential building. A multi-dwelling family home includes those such as two-flats, duplex, semi-detached, and townhouses. Synonyms include: single-family home, single-detached dwelling, detached house, single-family residence, separate house, free-standing house, townhouse, duplex, condo, semidetached, villa.
Student housing: residential buildings used for the purpose of housing students, otherwise known as student apartments, student houses, student residences, student quarters, and student accommodations.
Retirement living: otherwise known as retirement villages – communities comprised of people at a similar stage in life who are seeking a specific lifestyle. Retirement villages are made up of private homes and usually offer a range of shared facilities.
Other: other residential properties that do not fit in the aforementioned property types.
Hotel: includes hotels, motels, youth hostels and resorts.
Lodging, leisure & recreation: indoor center used for the purpose of leisure and recreation. Examples include but not limited to: indoor arenas, fitness centers, performing arts centers, swimming centers and museums/galleries.
Education: includes schools, universities, libraries and other education properties.
Technology/Science: includes data centers, laboratory/life sciences properties and other specifically designed and equipped technology/science properties.
Healthcare: Includes the following property types:
Healthcare center: buildings used for the purpose of primary healthcare. Examples may include, but are not limited to: hospitals, clinics, physical therapy centers and mental health centers.
Senior homes: healthcare properties used for the purpose of housing seniors, otherwise known as senior assisted living homes, old-age homes, or aged care.
Other: other healthcare properties that do not fit in the aforementioned property types.
Mixed use: Mixed-use buildings that lack data availability by individual property type components.
Other: includes parking (indoors), self-storage, and other properties that do not fit in the aforementioned property types.
Additional information
Certification schemes for net zero carbon buildings
World Green Building Council released a call to action report From Thousands to Billions in May 2017 compelling business, governments and NGOs to take urgent and coordinated action towards achieving 100% net zero carbon buildings by 2050. The report set out a vision for all new buildings to be net zero carbon in operation by 2030, and all existing buildings by 2050. It also set out four key principles for best practice application of net zero. Utilizing these principles, Green Building Councils have developed and adapted net zero carbon certification schemes to encourage and recognize net zero carbon leadership in their local context. As of December 2019, there are a total of 11 Green Building Council certification schemes for net zero which have been released, with several more in development. For more information, please visit the WorldGBC website.
(C-CN9.11/C-RE9.11) Explain your organization’s plan to manage, develop or construct net zero carbon buildings, or explain why you do not plan to do so.
Question dependencies
This question only appears if you select “No, but we plan to in the future” or “No, and we do not plan to in the future” in response to C-RE9.9 or C-CN9.10/C-RE9.10.
Change from 2019
New question
Rationale
This question helps CDP data users to understand the anticipated pace and extent of the transition to net zero carbon buildings and barriers that organizations are experiencing in delivering and operating them.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Explain your organization’s plan, including time-frame:
- to include net zero carbon buildings in your portfolio (for organizations involved in real estate management); OR
- to start developing or constructing net zero carbon buildings (for real estate developers and construction companies);
- If you are not planning to start transitioning to net zero carbon buildings, explain why not.
C10 Verification
Module Overview
Verification and assurance is good practice in environmental reporting as it ensures the quality of data and processes disclosed.
This module requests details on the verification status that applies to organizations’ reported Scope 1, 2 and 3 emissions, as well as on the verification of other climate-related information reported in the CDP disclosure.
Key changes
- 2019 question split: C10.1a has been split into C10.1a for Scope 1 verification and C10.1b for Scope 2 verification.
- Modified question: C10.1c (2019 C10.1b) on Scope 3 verification modified to align with C10.1a and C10.1b.
- Click here for a list of all changes made this year.
Pathway diagram - questions
This diagram shows the general questions contained in module C10. To access question-level guidance, use the menu on the left to navigate to the question.
Verification
(C10.1) Indicate the verification/assurance status that applies to your reported emissions.
Change from 2019
No change
Rationale
CDP supports verification and assurance as good practice in environmental reporting. This question gives data users further confidence in the accuracy of the data reported.
Response options
Please complete the following table:
Scope
|
Verification/assurance status
|
Scope 1
|
Select from:
- No emissions data provided
- No third-party verification or assurance
- Third-party verification or assurance process in place
|
Scope 2 (location-based or market-based)
|
Select from:
- No emissions data provided
- No third-party verification or assurance
- Third-party verification or assurance process in place
|
Scope 3
|
Select from:
- No emissions data provided
- No third-party verification or assurance
- Third-party verification or assurance process in place
|
Requested content
General
- Please provide the verification/assurance
status that applies to your Scope 1, Scope 2, and Scope 3 emissions. If you
have had a proportion of your Scope 1, 2, and/or 3 emissions verified, please
select the option that applies to these emissions; you will be given an
opportunity to provide further details in the following questions.
- If verification/assurance is underway, or
part of a biennial or triennial process: It is recognized that for some
companies, the verification/assurance schedule is out of synchronization with
the CDP disclosure process and therefore it is difficult to complete the verification/assurance
process before the CDP deadline. In addition, verification/assurance processes
may occur every two years (biennial verification) or every three years
(triennial verification). Where this is the case, you should select
“Verification or assurance process in place” and provide further information in
the following questions.
- In the following questions you will be
asked to provide evidence of any third-party verification that you have reported
in this question. Companies are advised to verify that their evidence can
demonstrate all of the requirements set by CDP before answering this question (e.g.
by consulting with their verifier/assurer). Full details are provided in the
guidance for questions C10.1a, C10.1b and C10.1c. If certain information
requirements set by CDP are not met in the standard assurance statement
provided by your verifier, CDP has produced a
template
that can be used in conjunction with the original assurance statement.
Scope 2
- If you operate in a region where you need
to calculate both a location-based and a market-based figure to meet Scope 2
requirements, at this stage
CDP only requires for you to verify one of these
figures
. However, in the interest of transparency, you are asked to disclose
which of the two figures you have verified. If you are verifying your
market-based Scope 2 emissions figure, and your verification engagements cover
>70% of your Scope 2
activity (energy purchased or acquired and consumed by
the reporting company (MWh)), but less than 70% of your Scope 2
emissions, this
will be acceptable for full points provided you attach the relevant statement.
Additional information
Annual, biennial and triennial processes: If in the year the verification is completed (for example, Year 3), the data for all sources during the full cycle is verified (for example year 1, 2, and 3) the company can report 100% verification and should attach the verification statements that cover the emissions for all three years. This would be considered a triennial process where full points will be awarded if attachments in line with CDP criteria are provided. Graph of this situation provided for clarity below.
Annual processes: Not all processes taking place over three years will be considered a triennial process. The graphs below illustrate annual processes, which should not be confused with triennial.
If in the year the verification is completed (for example, Year 3) only the data for that year is verified (for example, only Year 3 is verified for 1/3 of the sources, the second third was verified in year 2 and the remaining third in year 1), then the company should report only 33% verified. This is a yearly process for which 1/3 of the sources are verified every year. Partial points will be awarded every year:
Likewise, where a company has 1/3 of that year’s emissions verified every year this is an annual process and will be awarded partial points every year:
CDP regards verification/assurance as a process undertaken by an independent third party accredited to perform verification/assurance of the GHG emissions data. Please only state that you have had or are having verification/assurance carried out if it is by an independent third party accredited to perform verification/assurance of GHG data. CDP does not prescribe companies’ choice of specific verification/assurance providers. However, companies searching for a provider may want to consult our list of accredited verification partners: Learn more about CDP solution providers offering third party verification services here.
(C10.1a) Provide further details of the verification/assurance undertaken for your Scope 1 emissions and attach the relevant statements.
Question dependencies
This question only appears if you select “Third-party verification or assurance process in place” for Scope 1 emissions in response to C10.1.
Change from 2019
Modified question
Rationale
CDP supports verification and assurance as good practice in environmental reporting. This question gives data users further confidence in the accuracy of the data reported.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Verification or assurance cycle in place
|
Status in the current reporting year
|
Type of verification or assurance
|
Attach the statement
|
Page/section reference
|
Relevant standard
|
Proportion of reported emissions verified (%)
|
Select from:
- Annual process
- Biennial process
- Triennial process
|
Select from:
- No verification or assurance of current reporting year
- Underway but not complete for current reporting year – first year it has taken place
- Underway but not complete for reporting year – previous statement of process attached
- Complete
|
Select from:
- Not applicable
- Limited assurance
- Moderate assurance
- Reasonable assurance
- High assurance
- Third party verification/assurance underway
|
Attach your document here
|
Text field [maximum 500 characters]
|
Select from drop-down options below
|
Numerical field [enter a number from 0-100 using no decimals or commas]
|
[Add Row]
Relevant standard drop-down options:
- AA1000AS
- Advanced technologies promotion Subsidy Scheme with Emission reduction Target (ASSET)
- Airport Carbon Accreditation (ACA) des Airports Council International Europe
- Alberta Carbon Competitiveness Incentive Regulation (CCIR)
- ASAE3000
- Attestation standards established by AICPA (AT105)
- Australian National GHG emission regulation (NGER)
- California Mandatory GHG Reporting Regulations (CARB)
- Canadian Institute of Chartered Accountants (CICA) Handbook: Assurance Section 5025
- Certified emissions measurement and reduction scheme (CEMARS)
- Chicago Climate Exchange (CCX) verification standard
- Compagnie Nationale des Commissaires aux Comptes (CNCC)
- Corporate GHG verification guidelines from ERT
- DNV Verisustain Protocol/ Verification Protocol for Sustainability Reporting
- Earthcheck Certification
- ERM GHG Performance Data Assurance Methodology
- European Union Emissions Trading System (EU ETS)
- IDW PS 821: IDW Prüfungsstandard: Grundsätze ordnungsmäßiger Prüfung oder prüferischer Durchsicht von Berichtenim Bereich der Nachhaltigkeit
- IDW AsS 821: IDW Assurance Standard: Generally Accepted Assurance Principles for the Audit or Review of Reports on Sustainability Issues
- ISAE3000
- ISAE 3410
- ISO14064-3
- Japan voluntary emissions trading scheme (JVETS) guideline for verification
- Korean GHG and energy target management system
- NMX-SAA-14064-3-IMNC: Instituto Mexicano de Normalización y Certificación A.C
- RevR6 procedure for assurance of sustainability report
- Saitama Prefecture Target-Setting Emissions Trading Program
- SGS Sustainability Report Assurance
- Spanish Institute of Registered Auditors (ICJCE)
- Standard 3810N Assurance engagements relating to sustainability reports of the Royal Netherlands Institute of Registered Accountants
- State of Israel Ministry of Environmental Protection, Verification of GHG and emissions reduction in Israel Guidance Document
- Swiss Climate CO2 Label for Businesses
- Thai Greenhouse Gas Management Organisation (TGO) Greenhouse Gas (GHG) Verification Protocol
- The Climate Registry's General Verification Protocol
- Tokyo cap-and-trade guideline for verification
- Verification as part of Carbon Trust standard certification
- Other, please specify
Requested content
General
- If you are reporting third party
verification or assurance underway, your entries into the table should reflect
the emissions that are being subject to verification/assurance for the current
reporting year, with the exception of the attached statement, which will relate
to a previous year.
- CDP understands that you may seek
verification for reasons other than reporting to CDP and that confidential
information may be included within your detailed verification statement. In
this case, it is sufficient for your verifier/assurer to attest to the Scope
and level of assurance/verification through correspondence such as an
abbreviated statement as long as this covers the data points outlined below
(see guidance for column 4 ‘Attach your statement here’).
Verification or assurance cycle in place
(column 1)
- A biennial verification/assurance process
is where emissions are verified once every two years and a triennial
verification/assurance process is where emissions are verified once every three
years.
- You may refer to the additional information
provided on annual, biennial and triennial processes in C10.1 for further
information.
Status in the current reporting year
(column 2)
- Please select the option that is most
appropriate to your company.
Type of verification or assurance (column 3)
- This column relates to the type of
verification or assurance that has been awarded.
- The option that is relevant will depend on
the verification standard to which the verification process has been completed
and the level of assurance agreed between the verifier and the company.
- Companies can select from the following
options:
- Not applicable - In very few cases, usually in program based
compliance, the verification standard does not include a level of assurance; in
this case select this option.
- Limited assurance - This is one of the most common levels of
assurance and, for e.g., is appropriate to verification undertaken in
accordance with ISO14064-3, ISAE3000, ASAE3000 and The Climate Registry.
- Moderate assurance - For example, this level of assurance is
appropriate to verification undertaken in accordance with AA1000 and AT105.
- Reasonable assurance - For example, this is appropriate to
verification undertaken under ISO14064-3, ISAE3000, ASAE3000 and The Climate
Registry; all verification undertaken for EU ETS compliance is to a level of
“reasonable assurance” (according to the requirements of EA-6/03).
- High assurance - For example, this is
appropriate to verification undertaken in accordance with AA1000 and AT105.
- Third party verification/assurance underway
- Select this option if verification/assurance is underway and you do not yet
know the level of assurance that you are intending to achieve.
Attach the statement (column 4)
- Note the requirements for the statement
detailed below and the option to use the
CDP template.
- All companies should attach a verification
statement here unless they have selected “No verification or assurance of
current reporting year” or “Underway but not complete for current reporting
year – first year it has taken place” in column 2 ‘Status in the current
reporting year’. The statement should:
- Clearly state that GHG emissions have been
verified or assured as part of the process. If the statement refers to other
documents that have been verified (such as Sustainability Report, Financial
Report, GRI etc.) where items verified are specified, please attach those to
the question as well;
- Relate to the relevant Scope;
- Clearly state the opinion and type of
verification/assurance that has been given and the verification standard used. Assurers/verifiers
must define the finding in their opinion, simply stating “limited assurance” is
not sufficient to fulfill this criterion. These should match the selections
made in columns 1 and 3; and
- Covers the current reporting year, or
covers the 12-months prior for annual processes, 12-24 months prior for biennial
processes, or 12-36 months prior for triennial processes if “Underway but not complete for reporting
year – previous statement of process attached” is selected in “Status in the
current reporting year” column.
Page/section reference (column 5)
- Please identify the page and the section
that contains details of your verification/assurance of Scope 1 emissions.
Relevant standard (column 6)
- This column captures the verification
standard against which the verification process has been undertaken.
- It does not refer to the reporting or
calculation standard. CDP has produced criteria for what constitutes an
acceptable verification standard. All accepted verification standards, and
exceptions to their use, are
listed here. If you are using a
verification standard that is not listed in the “accepted standards” nor the “non-verification
standards,” please email
[email protected]
in order to have your verification standard reviewed. If you do not have your standard
reviewed by contacting us and your response is submitted before the official
CDP deadline, CDP will then review the standard used and add it to the website
under “accepted” or “not accepted” depending on the outcome of the standard
review. If the response is submitted after the official deadline, CDP cannot
commit to review the standard used in time for scoring.
- Select from the accepted standards listed
or use “Other, please specify” if the standard you are using is not included.
- If you select “Other, please specify”,
provide a label for the Relevant standard.
- The verification standard should be stated
on the verification statement.
Proportion of reported emissions verified
(%) (column 7)
- It may be the case that only a sub-section
of your emissions has been verified/assured due to, for e.g., regulatory
requirements.
- Please identify what proportion of your
total reported emissions for Scope 1 has been subject to the
verification/assurance process described.
Additional information
- Verification processes: If you have attained verification covering all your reported Scope 1 emissions (for example GHG emissions reported in your sustainability report) and also other verification covering smaller proportion of your business (for example only Californian operations or facilities under EU ETS regulation), you only should report the verification in place covering all reported Scope 1 emissions. If you have multiple verification practices covering different business divisions (for example Californian operations and facilities under EU ETS), you should report all of them by adding rows to the table, completing all columns, and attaching the appropriate documents for each verification practice.
- Note that this question refers to the proportion of your total reported gross global Scope 1 emissions over which you have sought verification, not the sampling regime that the verifier employed. For example, if you have only sought verification over your US operations then you should report the percentage of your total reported gross global Scope 1 emissions that these US facilities represent. Alternatively, if you have sought organization-wide verification, then you should enter 100%. If you have reported your full GHG inventory in your corporate communications material which has been verified, please enter 100%. If you are reporting third party verification or assurance underway, your answer should reflect the proportion of emissions that are being subject to verification/assurance for the current reporting year.
(C10.1b) Provide further details of the verification/assurance undertaken for your Scope 2 emissions and attach the relevant statements.
Question dependencies
This question only appears if you select “Third-party verification or assurance process in place” for Scope 2 emissions in response to C10.1.
Change from 2019
Modified question (2019 C10.1a)
Rationale
CDP supports verification and assurance as good practice in environmental reporting. This question gives data users further confidence in the accuracy of the data reported.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Scope 2 approach
|
Verification or assurance cycle in place
|
Status in the current reporting year
|
Type of verification or assurance
|
Attach the statement
|
Page/ section reference
|
Relevant standard
|
Proportion of reported emissions verified (%)
|
Select from:
- Scope 2 location-based
- Scope 2 market-based
|
Select from:
- Annual process
- Biennial process
- Triennial process
|
Select from:
- No verification or assurance of current reporting year
- Underway but not complete for current reporting year – first year it has taken place
- Underway but not complete for reporting year – previous statement of process attached
- Complete
|
Select from:
- Not applicable
- Limited assurance
- Moderate assurance
- Reasonable assurance
- High assurance
- Third party verification/assurance underway
|
Attach your document here
|
Text field [maximum 500 characters]
|
Select from drop-down options below
|
Numerical field [enter a number from 0-100 using no decimals or commas]
|
[Add Row]
Relevant standard drop-down options:
- AA1000AS
- Advanced technologies promotion Subsidy Scheme with Emission reduction Target (ASSET)
- Airport Carbon Accreditation (ACA) des Airports Council International Europe
- Alberta Carbon Competitiveness Incentive Regulation (CCIR)
- ASAE3000
- Attestation standards established by AICPA (AT105)
- Australian National GHG emission regulation (NGER)
- California Mandatory GHG Reporting Regulations (CARB)
- Canadian Institute of Chartered Accountants (CICA) Handbook: Assurance Section 5025
- Certified emissions measurement and reduction scheme (CEMARS)
- Chicago Climate Exchange (CCX) verification standard
- Compagnie Nationale des Commissaires aux Comptes (CNCC)
- Corporate GHG verification guidelines from ERT
- DNV Verisustain Protocol/ Verification Protocol for Sustainability Reporting
- Earthcheck Certification
- ERM GHG Performance Data Assurance Methodology
- European Union Emissions Trading System (EU ETS)
- IDW PS 821: IDW Prüfungsstandard: Grundsätze ordnungsmäßiger Prüfung oder prüferischer Durchsicht von Berichtenim Bereich der Nachhaltigkeit
- IDW AsS 821: IDW Assurance Standard: Generally Accepted Assurance Principles for the Audit or Review of Reports on Sustainability Issues
- ISAE3000
- ISAE 3410
- ISO14064-3
- Japan voluntary emissions trading scheme (JVETS) guideline for verification
- Korean GHG and energy target management system
- NMX-SAA-14064-3-IMNC: Instituto Mexicano de Normalización y Certificación A.C
- RevR6 procedure for assurance of sustainability report
- Saitama Prefecture Target-Setting Emissions Trading Program
- SGS Sustainability Report Assurance
- Spanish Institute of Registered Auditors (ICJCE)
- Standard 3810N Assurance engagements relating to sustainability reports of the Royal Netherlands Institute of Registered Accountants
- State of Israel Ministry of Environmental Protection, Verification of GHG and emissions reduction in Israel Guidance Document
- Swiss Climate CO2 Label for Businesses
- Thai Greenhouse Gas Management Organisation (TGO) Greenhouse Gas (GHG) Verification Protocol
- The Climate Registry’s General Verification Protocol
- Tokyo cap-and-trade guideline for verification
- Verification as part of Carbon Trust standard certification
- Other, please specify
Requested content
General
- If you are reporting third party
verification or assurance underway, your entries into the table should reflect
the emissions that are being subject to verification/assurance for the current
reporting year, with the exception of the attached statement, which will relate
to a previous year.
- CDP understands that you may seek
verification for reasons other than reporting to CDP and that confidential
information may be included within your detailed verification statement. In
this case, it is sufficient for your verifier/assurer to attest to the Scope
and level of assurance/verification through correspondence such as an
abbreviated statement as long as this covers the data points outlined below
(see guidance for column 5 "Attach your statement here")
Scope 2 approach (column 1)
- Select
the Scope 2 calculation approach to which your verification/assurance statement
applies.
- If
you operate in a region where you need to calculate both a location-based and a
market-based figure to meet Scope 2 requirements, at this stage CDP only
requires for you to verify one of these figures.
- However,
in the interest of transparency, you are asked to disclose which of the two
figures you have verified.
- If
you are verifying your market-based Scope 2 emissions figure and your
verification engagements cover >70% of your Scope 2 activity, but less than
70% of your Scope 2 emissions, this will be acceptable for full points provided
you attach the relevant statement.
Verification or assurance cycle in place (column
2)
- A biennial verification/assurance process
is where emissions are verified once every two years and a triennial
verification/assurance process is where emissions are verified once every three
years.
- You may refer to the further information in
C10.1 on annual, biennial and triennial processes for further information on annual,
biennial and triennial processes.
Status in the current reporting year
(column 3)
- Please select the option most appropriate
to your company.
Type of verification or assurance (column 4)
- This column relates to the type of
verification or assurance that has been awarded.
- The option that is relevant will depend on
the verification standard to which the verification process has been completed
and the level of assurance agreed between the verifier and the company.
- Companies can select from the following
options:
- Not applicable - In very few cases, usually in program based
compliance, the verification standard does not include a level of assurance; in
this case select this option.
- Limited assurance -This is one of the most common levels of
assurance and, for e.g., is appropriate to verification undertaken in
accordance with ISO14064-3, ISAE3000, ASAE3000 and The Climate Registry.
- Moderate assurance - For example, this level of assurance is
appropriate to verification undertaken in accordance with AA1000 and AT105.
- Reasonable assurance - For example, this is appropriate to
verification undertaken under ISO14064-3, ISAE3000, ASAE3000 and The Climate
Registry; all verification undertaken for EU ETS compliance is to a level of
“reasonable assurance” (according to the requirements of EA-6/03).
- High assurance – For example, this is
appropriate to verification undertaken in accordance with AA1000 and AT105.
- Third party verification/assurance underway
– Select this option if verification/assurance is underway and you do not yet
know the level of assurance that you are intending to achieve.
Attach the statement (column 5)
- Note the requirements for the statement
detailed below and the option to use the CDP template.
- All companies should attach a verification statement here unless they have selected “No verification or assurance of current reporting year” or “Underway but not complete for current reporting year – first year it has taken place” in column 3 "Status in the current reporting year". The statement should:
- Clearly state that GHG emissions have been
verified or assured as part of the process. If the statement refers to other
documents that have been verified (such as Sustainability Report, Financial
Report, GRI etc.) where items verified are specified, please attach those to
the question as well;
- Relate to the relevant Scope;
- Clearly state the opinion and type of verification/assurance
that has been given and the verification standard used; and
- Cover the current reporting year, or
covers the 12-months prior if “Underway but not complete for reporting year –
previous statement of process attached” is selected in “Status in the current
reporting year” column.
Page/section reference (column 6)
- Please identify the page and the section
that contains details of your verification/assurance of Scope 2 emissions.
Relevant standard (column 7)
- This column captures the verification
standard against which the verification process has been undertaken. It does
not refer to the reporting or calculation standard.
- CDP has produced criteria for what
constitutes an acceptable verification standard. All accepted verification
standards, and exceptions to their use, are
listed here.
- The verification standard should be stated
on the verification statement. If the response is submitted before the official
CDP deadline, CDP will then review the standard used and add it to the website
under “accepted” or “not accepted” depending on the outcome of the standard
review.
- If the response is submitted after the
official deadline, CDP cannot commit to review the standard used in time for
scoring.
- Select from the accepted standards listed
or use “Other, please specify” if the standard you are using is not included.
- If you select “Other, please specify”,
provide a label for the Relevant standard.
Proportion of reported emissions verified
(%) (column 8)
- It may be the case that only a sub-section
of your emissions has been verified/assured due to, for e.g., regulatory
requirements.
- Please identify what proportion of your
total reported emissions for Scope 2 has been subject to the
verification/assurance process described.
(C10.1c) Provide further details of the verification/assurance undertaken for your Scope 3 emissions and attach the relevant statements.
Question dependencies
This question only appears if you select “Third-party verification or assurance process in place” for Scope 3 emissions in response to C10.1.
Change from 2019
Modified question (2019 C10.1b)
Rationale
CDP supports verification and assurance as good practice in environmental reporting. This question gives data users further confidence in the accuracy of the data reported.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Scope 3 category
|
Verification or assurance cycle in place
|
Status in the current reporting year
|
Type of verification or assurance
|
Attach the statement
|
Page/ section reference
|
Relevant standard
|
Proportion of reported emissions verified (%)
|
Select from:
- Scope 3
(upstream)
- Scope 3
(downstream)
- Scope 3 (upstream
& downstream)
- Scope 3: Purchased
goods and services
- Scope 3:
Capital goods
- Scope 3:
Fuel and energy-related activities (not included in Scopes 1 or 2)
- Scope 3:
Upstream transportation and distribution
- Scope 3:
Waste generated in operations
- Scope 3:
Business travel
- Scope 3:
Employee commuting
- Scope 3:
Upstream leased assets
- Scope 3:
Investments
- Scope 3:
Downstream transportation and distribution
- Scope 3:
Processing of sold products
- Scope 3: Use
of sold products
- Scope 3:
End-of-life treatment of sold products
- Scope 3: Downstream
leased assets
- Scope 3:
Franchises
|
Select from:
- Annual process
- Biennial process
- Triennial process
|
Select from:
- No verification or assurance of current reporting year
- Underway but not complete for current reporting year – first year it has
taken place
- Underway but not complete for reporting year – previous statement of
process attached
- Complete
|
Select from:
- Not applicable
- Limited assurance
- Moderate assurance
- Reasonable assurance
- High assurance
- Third party verification/assurance underway
|
Attach your document here
|
Text field [maximum 500 characters]
|
Select from drop-down options below
|
Numerical field [enter a number from 0-100 using no decimals or commas]
|
[Add Row]
Relevant standard drop-down options:
- AA1000AS
- Advanced technologies promotion Subsidy Scheme with Emission reduction Target (ASSET)
- Airport Carbon Accreditation (ACA) des Airports Council International Europe
- Alberta Carbon Competitiveness Incentive Regulation (CCIR)
- ASAE3000
- Attestation standards established by AICPA (AT105)
- Australian National GHG emission regulation (NGER)
- California Mandatory GHG Reporting Regulations (CARB)
- Canadian Institute of Chartered Accountants (CICA) Handbook: Assurance Section 5025
- Certified emissions measurement and reduction scheme (CEMARS)
- Chicago Climate Exchange (CCX) verification standard
- Compagnie Nationale des Commissaires aux Comptes (CNCC)
- Corporate GHG verification guidelines from ERT
- DNV Verisustain Protocol/ Verification Protocol for Sustainability Reporting
- Earthcheck Certification
- ERM GHG Performance Data Assurance Methodology
- European Union Emissions Trading System (EU ETS)
- IDW PS 821: IDW Prüfungsstandard: Grundsätze ordnungsmäßiger Prüfung oder prüferischer Durchsicht von Berichtenim Bereich der Nachhaltigkeit
- IDW AsS 821: IDW Assurance Standard: Generally Accepted Assurance Principles for the Audit or Review of Reports on Sustainability Issues
- ISAE3000
- ISAE 3410
- ISO14064-3
- Japan voluntary emissions trading scheme (JVETS) guideline for verification
- Korean GHG and energy target management system
- NMX-SAA-14064-3-IMNC: Instituto Mexicano de Normalización y Certificación A.C
- RevR6 procedure for assurance of sustainability report
- Saitama Prefecture Target-Setting Emissions Trading Program
- SGS Sustainability Report Assurance
- Spanish Institute of Registered Auditors (ICJCE)
- Standard 3810N Assurance engagements relating to sustainability reports of the Royal Netherlands Institute of Registered Accountants
- State of Israel Ministry of Environmental Protection, Verification of GHG and emissions reduction in Israel Guidance Document
- Swiss Climate CO2 Label for Businesses
- Thai Greenhouse Gas Management Organisation (TGO) Greenhouse Gas (GHG) Verification Protocol
- The Climate Registry's General Verification Protocol
- Tokyo cap-and-trade guideline for verification
- Verification as part of Carbon Trust standard certification
- Other, please specify
Requested content
General
- If you are reporting third party verification or assurance underway, your entries into the table should reflect the emissions that are being subject to verification/assurance for the current reporting year, with the exception of the attached statement, which will relate to a previous year.
- CDP understands that you may seek verification for reasons other than reporting to CDP and that confidential information may be included within your detailed verification statement. In this case, it is sufficient for your verifier/assurer to attest to the Scope and level of assurance/verification through correspondence such as an abbreviated statement as long as this covers the data points outlined below (see guidance for column 4 ‘Attach your statement here’).
Scope 3 category (column 1)
Verification or assurance cycle in place (column 2)
- A biennial verification/assurance process is where Scope 3 emissions are verified once every two years and triennial verification/assurance process where Scope 3 emissions are verified once every three years.
- You may refer to the further information in C10.1 on annual, biennial and triennial processes for further information on annual, biennial and triennial processes.
Status in the current reporting year (column 3)
- Please select the option most appropriate to your company
Type of verification or assurance (column 4)
- This column relates to the type of verification or assurance that has been awarded.
- The option that is relevant will depend on the verification standard to which the verification process has been completed and the level of assurance agreed between the verifier and the company.
- Companies can select from the following options:
- Not applicable -In very few cases, usually in program based compliance, the verification standard does not include a level of assurance; in this case select this option.
- Limited assurance -This is one of the most common levels of assurance and, for e.g., is appropriate to verification undertaken in accordance with ISO14064-3, ISAE3000, ASAE3000 and The Climate Registry.
- Moderate assurance -For example, this level of assurance is appropriate to verification undertaken in accordance with AA1000 and AT105.
- Reasonable assurance -For example, this is appropriate to verification undertaken under ISO14064-3, ISAE3000, ASAE3000 and The Climate Registry; all verification undertaken for EU ETS compliance is to a level of “reasonable assurance” (according to the requirements of EA-6/03).
- High assurance - For example, this is appropriate to verification undertaken in accordance with AA1000 and AT105.
- Third party verification/assurance underway - Select this option if verification/assurance is underway and you do not yet know the level of assurance that you are intending to achieve
Attach the statement (column5)
- Note the requirements for the statement detailed below and the option to use the CDP template.
- All companies should attach a verification statement here unless they have selected “No verification or assurance of current reporting year” or “Underway but not complete for current reporting year – first year it has taken place” in column 3 ‘Status in the current reporting year’. The statement should:
- Clearly state that GHG emissions have been verified or assured as part of the process. If the statement refers to other documents that have been verified (such as Sustainability Report, Financial Report, GRI etc.) where items verified are specified, please attach those to the question as well;
- Relate to the relevant Scope 3 category;
- Clearly state the opinion and type of verification/assurance that has been given and the verification standard used.
- Covers the current reporting year, or covers the 12-months prior if “Underway but not complete for reporting year – previous statement of process attached” is selected in “Status in the current reporting year” column.
Page/section reference (column 6)
- Please identify the page and the section that contains details of your verification/assurance of Scope 3 emissions.
Relevant standard (column 7)
- This column captures the verification standard against which the verification process has been undertaken. It does not refer to the reporting or calculation standard.
- CDP has produced criteria for what constitutes an acceptable verification standard. All accepted verification standards, and exceptions to their use, are listed here.
- The verification standard should be stated on the verification statement. If the response is submitted before the official CDP deadline, CDP will then review the standard used and add it to the website under “accepted” or “not accepted” depending on the outcome of the standard review.
- If the response is submitted after the official deadline, CDP cannot commit to review the standard used in time for scoring.
- Select from the accepted standards listed or use “Other, please specify” if the standard you are using is not included.
- If you select “Other, please specify”, provide a label for the Relevant standard.
Proportion of reported emissions verified (%) (column 8)
- It may be the case that only a sub-section of your emissions has been verified/assured due to, for e.g., regulatory requirements.
- Please identify what proportion of your total reported emissions for the selected Scope 3 category has been subject to the verification/assurance process described.
Other verified data
(C10.2) Do you verify any climate-related information reported in your CDP disclosure other than the emissions figures reported in C6.1, C6.3, and C6.5?
Change from 2019
No change
Rationale
This information gives data users further confidence in the information provided in your organization’s response. Data users often ask about the credibility/ quality of the data and other information disclosed. CDP supports verification and assurance as good practice in environmental reporting as it ensures the quality of data and processes disclosed. This question allows leading companies to report their efforts on this, and to highlight trends that CDP data users might anticipate being good practice among companies in the future.
Response options
Select one of the following options:
- Yes
- In progress
- No, but we are actively considering verifying within the next two years
- No, we are waiting for more mature verification standards and/or processes
- No, we do not verify any other climate-related information reported in our CDP disclosure
(C10.2a) Which data points within your CDP disclosure have been verified, and which verification standards were used?
Question dependencies
This question only appears if you select “Yes” in response to C10.2.
Change from 2019
Minor change
Rationale
This information gives data users further confidence in the information provided in your organization’s response. Data users often ask about the credibility/ quality of the data and other information disclosed. CDP supports verification and assurance as good practice in environmental reporting as it ensures the quality of data and processes disclosed. This question allows leading companies to report their efforts on this, and to highlight trends that CDP data users might anticipate being good practice among companies in the future.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Disclosure module verification relates to
|
Data verified
|
Verification standard
|
Please explain
|
Select from:
- C0. Introduction
- C1. Governance
- C2. Risks and opportunities
- C3. Business Strategy
- C4. Targets and performance
- C5. Emissions performance
- C6. Emissions data
- C7. Emissions breakdown
- C8. Energy
- C9. Additional metrics
- C11. Carbon pricing
- C12. Engagement
- C13. Other land management impacts
- C14. Portfolio impact
- C15. Signoff
- SC. Supply chain module
|
Select from:
- Year on year change in emissions (Scope
1)
- Year on year change in emissions (Scope
2)
- Year on year change in emissions (Scope
1 and 2)
- Year on year change in emissions (Scope
3)
- Year on year emissions intensity figure
- Financial or other base year data
points used to set a science-based target
- Progress against emissions reduction
target
- Change in Scope 1 emissions against a
base year (not target related)
- Change in Scope 2 emissions against a
base year (not target related)
- Change in Scope 3 emissions against a
base year (not target related)
- Product footprint verification
- Emissions reduction activities
- Renewable energy products
- Energy consumption
- Don’t know
- Other, please specify
|
Text field [maximum 1,500 characters]
|
Text field [maximum 1,500 characters]
|
[Add Row]
Requested content
Disclosure module verification relates to (column 1)
- Select the questionnaire module that the verification standard applies to.
Data verified (column 2)
- Select from the data points provided or use “Other, please specify” if the data you have verified is not included.
- If you select “Other, please specify”, provide a label for the Data verified.
Verification standard (column 3)
- This column captures the verification standard against which the verification process has been undertaken. It does not refer to the reporting or calculation standard.
- Clearly state the type of verification/assurance that has been given and the name of the verification standard used.
- CDP has produced criteria for what constitutes an acceptable verification standard. All accepted verification standards, and exceptions to their use, are listed here.
Please explain (column 4)
- Explain here why your company has chosen to verify the selected data points with each given standard.
- Where possible, reference specific question numbers.
- You can also describe here the frequency with which you complete this verification and the scope it encompasses.
- Outline if you have sought organization wide verification or if you have only sought verification over a certain proportion of your operations.
C11 Carbon pricing
Module Overview
Carbon pricing has emerged as a key policy mechanism to drive greenhouse gas emissions reductions and mitigate the dangerous impacts of climate change. As the number of jurisdictions with carbon pricing policies has doubled over the last decade, CDP data users are interested in understanding how companies are affected by these schemes.
This module examines details on the operations or activities regulated by carbon pricing systems, carbon credits and internal prices on carbon.
For further guidance on reporting to the questions in this module see CDP’s Technical Note Carbon Pricing: CDP Disclosure Best Practice.
Key changes
- Modified question: C11.1b - to allow reporting of Scope 2 emissions covered by ETS.
- Click here for a list of all changes made this year.
For the financial services sector only:
- Five questions removed: C11.1, C11.1a, C11.1b, C11.1c and C11.1d.
Pathway diagram - questions
This diagram shows the general questions contained in module C11. To access question-level guidance, use the menu on the left to navigate to the question.
Carbon pricing systems
(C11.1) Are any of your operations or activities regulated by a carbon pricing system (i.e. ETS, Cap & Trade or Carbon Tax)?
Change from 2019
Removed question for FS only
Rationale
Companies are requested to report whether they are subject to, or potentially subject to, mandatory carbon pricing systems. This question has evolved to include whether companies are currently regulated by a carbon pricing system – including carbon markets or taxation – or whether they expect to be regulated in the future. Companies responding ”Yes” will be further prompted to identify the systems in which they participate and to provide additional details about their exposure to these systems. This information allows investors to consistently track and analyze corporate expectations and the associated costs of carbon pricing regulations, and forces unregulated companies to consider potential future exposure.
Connection to other frameworks
SDG
Goal 13: Climate action
Response options
Select one of the following options:
- Yes
- No, but we anticipate being regulated in the next three years
- No, and we do not anticipate being regulated in the next three years
Requested content
General
- Companies responding ”Yes” will be further prompted to identify the systems in which they participate and to provide additional details about their exposure to these systems.
Additional information
- Carbon pricing policies: Carbon pricing has emerged as a key policy mechanism to drive greenhouse gas emissions reductions and mitigate the dangerous impacts of climate change. Policies primarily manifest in one of two ways; or, in some countries and regions, both ways.
- An emissions trading scheme, also known as a cap and trade system, is a market-based allowance system in which participants can buy and sell a set amount of allowances based on their emissions levels. Low emitters will have allowances left over for sale, which higher emitters will buy to offset their emissions – operating in a demand and supply scenario.
- A carbon tax attaches a fee to carbon emissions.
These policies in practice vary specifically on a case-by-case basis.
- Carbon pricing in the form of emissions trading schemes and carbon taxes worldwide, covered US$52 billion worth of pollution in 2017. Carbon pricing policies currently exist in 42 countries at the national level and 25 areas at the subnational level – numbers that have almost doubled since 2012. Considering this growing trend to combat climate change risks, additional countries and regions are also considering or already planning carbon pricing initiatives for the near future.
For more information, please see:
(C11.1a) Select the carbon pricing regulation(s) which impacts your operations.
Question dependencies
This question only appears if you select “Yes” in response to C11.1.
Change from 2019
Minor change; Removed question for FS only
Rationale
As the number of jurisdictions with carbon pricing policies has doubled over the last decade, users of CDP data are interested in understanding how companies are affected by these schemes. This question provides investors and data users with a sense of the regulatory environments in which companies operate and the potential for future regulation which may impact a company's operations.
Connection to other frameworks
SDG
Goal 13: Climate action
Response options
Select all that apply from the following options:
- Alberta Carbon Competitive Incentive Regulation (CCIR) – ETS
- Argentina carbon tax
- Australia ERF Safeguard Mechanism - ETS
- BC carbon tax
- BC GGIRCA - ETS
- Beijing pilot ETS
- California CaT – ETS
- Canada federal fuel charge
- Canada federal Output Based Pricing System (OBPS) - ETS
- Chile carbon tax
- China national ETS
- Chongqing pilot ETS
- Colombia carbon tax
- Denmark carbon tax
- Estonia carbon tax
- EU ETS
- Finland carbon tax
- France carbon tax
- Fujian pilot ETS
- Guangdong pilot ETS
- Hubei pilot ETS
- Iceland carbon tax
- Ireland carbon tax
- Japan carbon tax
- Kazakhstan ETS
- Korea ETS
- Latvia carbon tax
- Liechtenstein carbon tax
- Massachusetts state ETS
- Mexico carbon tax
- New Zealand ETS
- Newfoundland and Labrador PSS - ETS
- Nova Scotia CaT - ETS
- Norway carbon tax
- Newfoundland and Labrador carbon tax
- Poland carbon tax
- Portugal carbon tax
- Prince Edward Island carbon tax
- Québec CaT - ETS
- RGGI - ETS
- Saitama ETS
- Saskatchewan OBPS - ETS
- Shanghai pilot ETS
- Shenzhen pilot ETS
- Singapore carbon tax
- Slovenia carbon tax
- South Africa carbon tax
- Spain carbon tax
- Sweden carbon tax
- Switzerland carbon tax
- Switzerland ETS
- Tianjin pilot ETS
- Tokyo CaT - ETS
- UK carbon price floor
- Ukraine carbon tax
- Washington CAR - ETS
- Other carbon tax, please specify
- Other ETS, please specify
Requested content
General
- Select from the carbon pricing regulation(s) which impacts your operations listed or use “Other, please specify” if the carbon pricing regulation(s) you are using is not included.
- If you select “Other carbon tax/ETS, please specify,” identify the carbon pricing regulation(s) which impacts your operations.
(C11.1b) Complete the following table for each of the emissions trading schemes you are regulated by.
Question dependencies
This question only appears if you select an emissions trading option in response to C11.1a.
Change from 2019
Modified question; Removed question for FS only
Rationale
As the number of jurisdictions with carbon pricing policies has doubled over the last decade, users of CDP data are interested in understanding how companies are affected by these schemes. This question provides investors and data users with a sense of the regulatory environments in which companies operate and the potential for future regulation which may impact a company's operations.
Connection to other frameworks
SDG
Goal 13: Climate action
Response options
Please complete the following table.
System name
|
% of Scope 1 emissions covered by the ETS
|
% of Scope 2 emissions covered by the ETS
|
Period start date
|
Period end date
|
Fixed table rows are populated by selection in C11.1a
|
Numerical field [enter a number from 0-100 using a maximum of 2 decimal places and no commas]
|
Numerical field [enter a number from 0-100 using a maximum of 2 decimal places and no commas]
|
Enter the start date that applies to the data in the row. Use the calendar button or enter dates manually in the format DD/MM/YYYY. Please note that the period reported should overlap with the reporting year.
|
Enter the finish date that applies to the data in the row. Use the calendar button or enter dates manually in the format DD/MM/YYYY. Please note that the period reported should overlap with the reporting year.
|
Allowances allocated
|
Allowances purchased
|
Verified Scope 1 emissions in metric tons CO2e
|
Verified Scope 2 emissions in metric tons CO2e
|
Details of ownership
|
Comment
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 2 decimal places and no commas]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 2 decimal places and no commas]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 2 decimal places and no commas]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 2 decimal places and no commas]
|
Select from:
- Facilities we own and operate
- Facilities we own but do not operate
- Facilities we operate but do not own
- Other, please specify
|
Text field [maximum 2,400 characters]
|
Requested content
General
- Although some emission trading schemes may apply solely to the operators of facilities, the financial position of facility owners is also affected indirectly by the operation of the scheme. This question therefore applies to both owners and operators of facilities covered by trading schemes.
- Even if your company does not wholly own facilities, please give the total number of emissions and allowances.
System name (column 1)
- This column is driven by the emission trading schemes selected in C11.1a. You should enter information for all applicable schemes.
% of Scope 2 emissions covered by the ETS (column 3)
- Note that in this question you should only report Scope 2 emissions for which you are directly regulated, i.e. Scope 2 emissions for which you receive allowances directly within an emissions trading scheme. If you do not have direct compliance obligations for Scope 2 emissions, enter zero here.
Period start date and end date (columns 4 and 5)
- The period start date and end date refer to the annual compliance cycle of the emission trading schemes, and not the overall phase of the scheme. For example, the current European Union ETS is now in its third phase from 2013 to 2020, however the monitoring period of the annual compliance cycle runs from 1st January to 31st December.
- CDP recognizes that emissions trading systems verification deadlines don’t always align with the reporting year disclosed in C0.2. However, please note that the period start date and end dates reported should overlap with the reporting year. If you are using the Export/Import functionality, please check that the imported date is correct.
Verified Scope 1 emissions in metric tons CO2e (column 8)
- Companies participating in systems with verification deadlines at a later date than the CDP disclosure period, such as the California Cap and Trade (CaT), should submit estimates to the best of their knowledge. CDP does not wish to penalize companies for something out of their control.
- You can use the further information field at the end of the questionnaire to correct any submissions from past years that were estimated incorrectly. If doing so reference the question number C11.1b.
Verified Scope 2 emissions in metric tons CO2e (column 9)
- If you do not have direct compliance obligations for Scope 2 emissions (i.e. you have entered 0 in column 3), also enter 0 in this column.
Details of ownership (column 10)
- Select the option that best describes your ownership arrangements for the facilities subject to the scheme identified.
- If you select “Other, please specify,” provide a label for the Details of ownership.
Comment (column 11) (optional)
- If you have selected “Other ETS, please specify” in C11.1a then please provide the full name of the emission trading scheme in this column.
Additional information
Emissions Trading Schemes (ETS)
- European Union (EU) Emissions Trading System (2005): The EU ETS is currently the largest and most comprehensive ETS in place. It covers medium and large emitters and is expanding to include other industries. Allowances are allocated to companies based on National Allocation Plans determined by individual countries. Since 2013 allowances have been centrally coordinated by the European Commission. Companies that emit more than their allocated allowances need to purchase allowances from other companies that wish to sell theirs or purchase offset credits from the Kyoto Protocol’s flexible mechanisms.
- As directed above, companies should use question C11.1b to report the allowances that they have been allocated and those that they have needed to purchase in the reporting year.
Further resources on current and proposed emissions trading systems:
(C11.1c) Complete the following table for each of the tax systems you are regulated by.
Question dependencies
This question only appears if you select a carbon tax system in response to C11.1a.
Change from 2019
Minor change; Removed question for FS only
Rationale
This question will allow investors to consistently track and analyze, in a detailed and consistent manner, the corporations participating in carbon tax systems as well as what costs they currently bear.
Connection to other frameworks
SDG
Goal 13: Climate action
Response options
Please complete the following table
Tax system
|
Period start date
|
Period end date
|
% of total Scope 1 emissions covered by tax
|
Total cost of tax paid
|
Comment
|
Fixed table rows are populated by selection in C11.1a
|
Enter the start date that applies to the data in the row. Use the calendar button or enter dates manually in the format DD/MM/YYYY. Please note that the period reported should overlap with the reporting year.
|
Enter the finish date that applies to the data in the row. Use the calendar button or enter dates manually in the format DD/MM/YYYY. Please note that the period reported should overlap with the reporting year.
|
Numerical field [enter a number from 0-100 using a maximum of 2 decimal places and no commas]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
|
Text field [maximum 2,400 characters]
|
Requested content
General
- Carbon taxes are intended to directly charge emitters for the cost of pollution. However, the policy application of this definition changes on a system-by-system basis and may affect sectors differently. For example, some policies may tax producers directly; others may attribute the cost to consumers of the processed fossil fuels (i.e. utilities); and others yet may tax users such as in the form of big businesses. This question asks for information only on your direct, Scope 1 emissions that are subject to a carbon tax.
Period start date and end date (columns 2 and 3)
- Please note that the period reported should overlap with the reporting year.
- If you are using the Export/Import functionality, please check that the imported date is correct.
% of total Scope 1 emissions covered by tax (column 4)
- This column requests the percentage of your total Scope 1 emissions in the reporting period that were taxed by this carbon tax.
Total cost of tax paid (column 5)
- The total cost of tax paid reported here should be total cost of this carbon tax paid in the reporting period.
Comment (column 6) (optional)
- If you select “Other carbon tax, please specify” in C11.1a then please provide the full name of the carbon tax in this column.
Additional information
Implementation of carbon tax: Below are some examples of taxes attributed to various producing/consuming entities.- British Columbia Revenue-Neutral Carbon Tax (2008): The British Columbia carbon tax is a regional carbon tax. The policy applies to all sectors in aims of nudging business towards more energy efficient, and thus more cost efficient, operations. Tax revenue is recycled back to payers in the form of other reductions or returns. Fossil fuel producers and importers are liable for a monthly payment of the tax.
- Japan’s Tax for Climate Change Mitigation (2012): Japan’s carbon tax applies to all sectors and even with some exemptions, captures almost 70% of the country’s GHG emissions. The tax aims to fairly distribute the cost of fossil fuel usage and incentivize the transition to a low-carbon economy. Costs are incurred by the fossil fuel producers, who are expected to pay the tax on a bimonthly basis.
- United Kingdom Carbon Price Floor (2013): The UK’s CPF covers the power sector at a higher tax rate than the EU ETS market price. This policy considers power producers as the users of fossil fuels and thus attributes the quarterly tax for fossil fuels to them.
(C11.1d) What is your strategy for complying with the systems you are regulated by or anticipate being regulated by?
Question dependencies
This question only appears if you select “Yes” or “No, but we anticipate being regulated in the next three years” in response to C11.1
Change from 2019
Minor change; Removed question for FS only
Rationale
This question provides data users with insight into an organizations long-term compliance and regulatory risk management strategy for the carbon pricing systems they are regulated by or anticipate being regulated by.
Connection to other frameworks
SDG
Goal 13: Climate action
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Some of the options for compliance include emissions reductions strategies, efficiency upgrades, purchase of allowances and the purchase of carbon credits.
- Depending on how long your company has been regulated by a carbon pricing system, efficiency upgrades may not provide the amount of reductions necessary to comply with regulations. If that is the case for your company, then you are also encouraged to detail your company’s long-term compliance and regulatory risk management strategy; including the specific metric(s) or mechanism(s) used – for example, a dedicated carbon risk management team or the use of an internal carbon price. If you use an internal carbon price, please make note of this here and provide specific details the subsequent question (C11.3a).
Project-based carbon credits
(C11.2) Has your organization originated or purchased any project-based carbon credits within the reporting period?
Change from 2019
No change
Rationale
Carbon credits are used by organizations for the purposes of compliance or as voluntary carbon offsets and can support the transition to a low carbon future. Data users are interested in learning about organizations who have utilized carbon credits either by originating or purchasing.
Connection to other frameworks
SDG
Goal 13: Climate action
Response options
Select one of the following options:
Requested content
General
- This question only applies to companies that have originated carbon credits or who have purchased them for the purposes of compliance or as voluntary carbon offsets.
- It is not intended to capture trading desk activity and therefore if your only reason for purchasing credits is to re-sell them, you should answer “No” to this question.
(C11.2a) Provide details of the project-based carbon credits originated or purchased by your organization in the reporting period.
Question dependencies
This question only appears if you select “Yes” in response to C11.2.
Change from 2019
No change
Rationale
Carbon credits can be originated from a variety of projects and are verified to a number of standards, data users are interested in learning about the scope of project types that are contributing to credit origination and purchase. Data users are also requesting information on the objectives of organizations who have originated or purchased carbon credits and the extent to which they are used to achieve these objectives.
Connection to other frameworks
SDG
Goal 13: Climate action
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Credit origination or credit purchase
|
Project type
|
Project identification
|
Verified to which standard
|
Select from:
- Credit origination
- Credit purchase
|
Select from:
- Agriculture
- Biomass energy
- Cement
- CO2 usage
- Coal mine/bed CH4
- Energy distribution
- Energy efficiency: households
- Energy efficiency: industry
- Energy efficiency: own generation
- Energy efficiency: service
- Energy efficiency: supply side
- Forests
- Fossil fuel switch
- Fugitive
- Geothermal
- HFCs
- Hydro
- Landfill gas
- Methane avoidance
- NO
- PFCs and SF6
- Solar
- Tidal
- Transport
- Wind
- Other, please specify
|
Text field [maximum 2,400 characters]
|
Select from:
- CDM (Clean Development Mechanism)
- JI (Joint Implementation)
- Gold Standard
- VCS (Verified Carbon Standard)
- VER+ (TÜV SÜD standard)
- CAR (The Climate Action Reserve)
- ACR (American Carbon Registry)
- CCBS (developed by the Climate, Community and Biodiversity Alliance, CCBA)
- Plan Vivo
- Emissions Reduction Fund of the Australian Government
- Not yet verified
- Other, please specify
|
Number of credits (metric tons CO2e)
|
Number of credits (metric tons CO2e): Risk adjusted volume
|
Credits cancelled
|
Purpose, e.g. compliance
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 2 decimal places and no commas]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 2 decimal places and no commas]
|
Select from:
|
Select from:
- Compliance
- Voluntary Offsetting
- Not applicable
- Other, please specify
|
[Add Row]
Requested content
General
-
If you select “Other, please specify”, provide a label for the Project type, Verified to which standard or Purpose, e.g. compliance.
Project-based carbon credit types
- Credits can be originated by a variety of projects and for several markets, which configures several project-based carbon credit types.
- Examples of project-based carbon credits include:
- Certified Emission Reductions (CERs) generated by activities under the Clean Development Mechanism (CDM);
- Emission Reduction Units (ERUs) generated by activities under the Joint Implementation mechanism; and
- Voluntary Emission Reductions (VERs) generated by activities that reduce emissions, but do not result in the creation of compliance-grade carbon units.
Credit origination or credit purchase (column 1)
- Credit origination - Select this option if you are the company to which the credits are originally issued (e.g. you are one of the participating entities of a Clean Development Mechanism (CDM) project and you are entitled to a share of the credits issued by the CDM registry).
- Credit purchase - Select this option if you bought the credits from another company.
Number of credits (metric tons CO2e) (column 5)
- Enter the total number of annual credits that you have originated or purchased in metric tons CO2e based on the figures supplied in the agreements.
- The number of credits reported should be the credits that were originated in the reporting period, irrespective of whether you have already sold them and of whether they have been canceled or not.
Number of credits (metric tons CO2e): Risk-adjusted volume (column 6)
- Credits are sold at different stages in the life cycle of a project and therefore the volume of credits predicted will be adjusted according to different criteria, such as sector of project, stage of project, etc.
- Use this column to enter the number of annual credits that you are originating (in the pipeline), or, when you have purchased projects/credits that are still in the pipeline, provide a risk-adjusted figure (in metric tons CO2e) according to the level of risk.
- For the most part, this column applies to CDM projects that are in the pipeline and are not yet approved. Often the actual GHG reductions from a project are lower than initially forecasted, largely due to the materialization of risks associated with the project. This uncertainty means that these credits can usually be purchased at a significantly lower price than credits pertaining to more advanced stages of a project. Credits that are not yet produced in the CDM register, or in other words those that pertain to a project that is in its initial stages, are adjusted according to the risk factors and measured in “risk-adjusted volume.” If companies have no risks associated with their credit portfolio, then risk-adjusted volume can be equal to “number of credits.”
Credits canceled (column 7)
Internal price on carbon
(C11.3) Does your organization use an internal price on carbon?
Change from 2019
No change
Rationale
Internal carbon pricing has emerged as a multifaceted tool that supports companies in assessing climate-related risks and opportunities. Investors want to know more about organizations who attribute a monetary value to these risks and translate them into a uniform metric.
Response options
Select one of the following options:
- Yes
- No, but we anticipate doing so in the next two years
- No, and we don’t anticipate doing so in the next two years
Additional information
- Internal carbon price: Over the past few years, CDP has been tracking a steady increase in the number of companies embedding an internal carbon price into their business strategies. From 150 global companies in 2014, the number has steadily grown to nearly 1,400 companies in 2017 – including more than 100 Fortune Global 500 companies with collective annual revenues of about US$7 trillion – disclosing that they are using an internal carbon price or are planning to do so within the next two years.
- This growth is steady across all sectors and regions; largely driven by the parallel development of regulations that directly or indirectly price carbon and the increasing pressure from shareholders and customers for companies to adequately manage their climate-related risks.
The three main reasons for internal carbon pricing are outlined below:
- Managing risks: Companies internalize the existing, expected or potential price of carbon – from an ETS, carbon tax, or implicit carbon pricing policy – to assess its risk exposure to regulations that affect the cost of emitting CO2e.
- Identifying opportunities: Companies also use an internal carbon price as a tool to reveal potential opportunities that may emerge in the transition to the low-carbon economy. As policy and legal, market, technological and reputational factors shift, they also present opportunities for companies to seize. When used as a generic proxy in this way, an internal carbon price can help guide strategic decisions, such as low-carbon R&D to create the products and services of the future.
- Transitioning to low-carbon activities: A smaller number of organizations deliberately use an internal carbon price to drive emissions reductions and incentivize low-carbon activities – such as energy efficiency investments, clean energy, development of green products/services – in order to facilitate a company-wide low-carbon transition. This includes companies who utilize voluntary carbon markets to offset their emissions, although increasingly the focus has been on driving down emissions within the company.
For more information, please read the following documents:
(C11.3a) Provide details of how your organization uses an internal price on carbon.
Question dependencies
This question only appears if you select “Yes” in response to C11.3.
Change from 2019
No change
Rationale
Investors have requested data on why and how internal carbon pricing is used as a tool to assess and manage carbon-related risks and opportunities within a business’ operations, supply chain, and investments. This information can help an investor gauge the efficacy of a company’s application of the carbon price in terms of meeting its objectives.
Connection to other frameworks
2018 RobecoSAM Corporate Sustainability Assessment (DJSI)
Internal carbon pricing
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Objective for implementing an internal carbon price
|
GHG Scope
|
Application
|
Actual price(s) used (Currency /metric ton)
|
Variance of price(s) used
|
Type of internal carbon price
|
Impact & implication
|
Select all that apply:
- Navigate GHG regulations
- Stakeholder expectations
- Change internal behavior
- Drive energy efficiency
- Drive low-carbon investment
- Stress test investments
- Identify and seize low-carbon opportunities
- Supplier engagement
- Other, please specify
|
Select all that apply:
|
Corporate structure that price is applied to (i.e. business units, corporate divisions, facilities)
Text field [maximum 1,000 characters]
|
Numerical field [enter a number from 0-99,999,999,999 using a maximum of 2 decimal places and no commas]
|
Text field [maximum 2,400 characters]
|
Select all that apply:
- Shadow price
- Internal fee
- Internal trading
- Implicit price
- Offsets
- Other, please specify
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Objective for implementing an internal carbon price (column 1)
- Select your company’s objective(s) for implementing an internal carbon price. In many cases, companies report multiple objectives – particularly as developments occur that require a readjustment of their pricing approach to maximize its effectiveness.
- The available options reflect the most common objectives that companies disclose to CDP; this list is not exhaustive and you can specify other objectives by selecting “Other, please specify.”
- If you select “Other, please specify,” provide a label for the Objective for implementing an internal carbon price.
GHG Scope (column 2)
- Identify the Scope(s) of emissions covered by the internal carbon pricing mechanism. An effective internal carbon price is one that incentivizes a company to reduce greenhouse gas emissions throughout their value chain and to integrate low-carbon activities into their operations.
- Ideally companies will consider their impact beyond just Scope 1 and 2 emissions to address risks and opportunities associated with their Scope 3 emissions as well, such as in sourcing and procurement decisions (upstream) and R&D decisions regarding innovation in the market (downstream).
Application (column 3)
- Disclose the part(s) of the business decision-making process that the internal carbon pricing mechanism applies to, and the degree of influence it has on business decisions (i.e. to what degree does a company enforce the use of the price?). The steps and depth at which an internal carbon price will be applied in the business decision-making process will vary by company.
- Commonly disclosed applications include decisions regarding capital expenditure, operations, procurement, product and R&D, and remuneration.
Actual price(s) used (Currency/metric ton) (column 4)
- Disclose the carbon price level(s).
- The currency used here should match the currency selected in C0.4.
Variance of price(s) used (column 5)
- For companies using internal carbon pricing in stress-testing or scenario analysis, it is particularly important to disclose assumptions made about how price(s) would develop over time; the geographic and economic scope of application; whether the price is applied across the entire company or to specific business units or decisions, and whether a uniform or differentiated price is used.
- Common approaches to pricing are outlined below:
- Uniform pricing: a single price that is applied throughout the company independent of geography, business unit, or type of decision
- Differentiated pricing: a price that varies by region, business unit or type of decision
- Static pricing: a price that is constant over time
- Evolutionary pricing: a price that develops over time
Type of internal carbon price (column 6)
- Identify the type(s) of internal carbon pricing mechanism your companies utilize. Common ‘types’ of internal carbon pricing approaches have emerged in recent years and are commonly referenced in corporate disclosure. Definitions are outlined below and with illustrative examples of application approaches.
- Most companies utilize a shadow price – attaching a hypothetical cost of carbon to each ton of CO2e – as a tool to reveal hidden risks and opportunities throughout its operations and supply chain and to support strategic decision-making related to future capital investments.
- Some companies with emissions reduction or renewable energy targets calculate their ‘implicit carbon price’ by dividing the cost of abatement/procurement by the tons of CO2e abated. This calculation helps quantify the capital investments required to meet climate-related targets and is frequently used as a benchmark for implementing a more strategic internal carbon price.
- Internal fee mechanisms take this approach a step further by charging responsible business units for their carbon emissions. These programs frequently reinvest the collected revenue back into clean technologies and other activities that help transition the entire company towards lower-carbon operations and investments. Some companies establish an internal trading mechanism – allowing the business units to trade allocated carbon credits.
- Some companies utilize the voluntary carbon markets to offset their emissions – internalizing this cost per ton of CO2e.
- If you select “Other, please specify,” provide a label for the Type of internal carbon price.
Impact & implication (column 7)
- Provide a company-specific description of how your organization uses internal price on carbon:
- Disclose how/if the internal carbon price has impacted your business (i.e. has it revealed material risk or impacted business decisions?) Upon implementing a carbon price, it is important for a company to review its impact against its original intentions to refine its approach to better meet future goals.
- For companies deliberately implementing an internal carbon price as a tool to achieve a climate-related goal: has there been a tangible impact? Has the tool shifted investments toward energy efficiency measures, low-carbon initiatives, energy purchases, or product offerings?
- If the internal carbon price has not impacted your business in any way, it is equally important to explain why – are there specific challenges associated with your current mechanism? Are carbon-related risks immaterial or already managed?
C12 Engagement
Module Overview
In order to truly reduce global emissions, companies must engage with their value chain on climate-related issues. Questions in this module examine how organizations are working with their suppliers, customers and other partners.
This module provides data users with insight into the different types of activities in which organizations engage to influence public policy on climate-related issues.
The module also investigates whether organizations integrate non-financial metrics and data into mainstream financial reports which is aligned with the TCFD’s primary aim to have climate-related information disclosed in financial filings.
Key changes
- New questions C-FS12.1c and C-FS12.5 for financial services sector.
- Question C12.1b modified for financial services sector.
- Click here for a list of all changes made this year.
Sector-specific content
Additional questions on supplier engagement for the following high-impact sectors:
- Agricultural commodities
- Financial services
- Food, beverage & tobacco
- Paper & forestry
Pathway diagram - questions
This diagram shows the general questions contained in module C12. To access question-level guidance, use the menu on the left to navigate to the question.
Pathway diagram - questions for minimum version questionnaire
This diagram shows the questions contained in module C12 that are included in the minimum version of the questionnaire. To access question-level guidance, use the menu on the left to navigate to the question.
Value chain engagement
(C12.1) Do you engage with your value chain on climate-related issues?
Change from 2019
Modified question for FS only
Rationale
The majority of most companies' emissions occur outside their direct operations. In order to truly reduce global emissions, companies must engage with their value chain on climate-related issues. This question seeks to ascertain which companies are engaging in the best practice of working with upstream and downstream partners to reduce negative environmental impacts.
Connection to other frameworks
SDG
Goal 12: Responsible consumption and production
Response options
Select all that apply from the following options:
- Yes, our suppliers
- Yes, our customers
- Yes, our investee companies [Financial services only]
- Yes, other partners in the value chain
- No, we do not engage
Requested content
General
- Select all that apply for the reporting year, however if you select “No, we do not engage” do not select any of the other options.
- Select yes, only if you have engagements that cover GHG emissions and/or climate-related strategies (i.e. target setting, renewable energy procurement, etc.).
- Other partners in the value chain are any companies that you work with in your up- or downstream activities that are not your suppliers or customers. For example, you could select this option if you engage with your franchisees on GHG emissions and climate change strategies.
- Note that employees can be treated as value chain partners if they are making their own decisions on, for example, how they commute to work. However, if employees are under direction of their manager for business travel then they should not be treated as external to the organization; in this instance, the value chain partner is the provider of the business travel, not the employee.
Note for financial services sector companies:
- Consider your engagement activity with customers/clients and investee companies to encourage better disclosure and practices around climate-related risks.
- Further details can be provided in subsequent questions C12.1b and C12.1c.
(C12.1a) Provide details of your climate-related supplier engagement strategy.
Question dependencies
This question only appears if you select “Yes, our suppliers” in response to C12.1.
Change from 2019
Minor change
Rationale
Answers to this question provide investors and data users with more transparency regarding companies' supplier engagement processes. As the majority of most companies’ emissions occur outside their direct operations, data users are interested in understanding how organizations are working with their suppliers to drive best practice and ameliorate climate-related issues.
Connection to other frameworks
SDG
Goal 12: Responsible consumption and production
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Type of engagement
|
Details of engagement
|
% of suppliers by number
|
% total procurement spend (direct and indirect)
|
% of supplier-related Scope 3 emissions as reported in C6.5
|
Rationale for the coverage of your engagement
|
Impact of engagement, including measures of success
|
Comment
|
Select from:
- Compliance & onboarding
- Information collection (understanding supplier behavior)
- Engagement & incentivization (changing supplier behavior)
- Innovation & collaboration (changing markets)
- Other, please specify
|
Select all that apply:
Compliance & onboarding
- Included climate change in supplier selection / management mechanism
- Code of conduct featuring climate change KPIs
- Climate change is integrated into supplier evaluation processes
- Other, please specify
Information collection (understanding supplier behavior)
- Collect climate change and carbon information at least annually from suppliers
- Other, please specify
Engagement & incentivization (changing supplier behavior)
- Run an engagement campaign to educate suppliers about climate change
- Climate change performance is featured in supplier awards scheme
- Offer financial incentives for suppliers who reduce your operational emissions (Scopes 1 & 2)
- Offer financial incentives for suppliers who reduce your downstream emissions (Scopes 3)
- Offer financial incentives for suppliers who reduce your upstream emissions (Scopes 3)
- Other, please specify
Innovation & collaboration (changing markets)
- Run a campaign to encourage innovation to reduce climate impacts on products and services
- Other, please specify
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Text field [maximum 2,400 characters]
|
Text field [maximum 2,400 characters]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- If you select “Other, please specify,” provide a label for the “Type of engagement” or “Details of engagement.”
Type of engagement (column 1)
- Select the type of engagement activity your organization participates in from the drop-down.
Details of engagement (column 2)
- Expand on the engagement activity (selected in column 1) your organization participates in by selecting the relevant engagement method from the drop-down.
- Compliance & onboarding - Select this option if you require your suppliers to adhere to specific climate-related policies and you provide onboarding, either with or without training, for those suppliers to understand and meet your expectations. Compliance requirements can be either pre-requisites to establishing a customer/supplier relationship, or be specified as metrics to achieve once onboarding is completed. Select this option if adherence to certain climate change-related guidelines is included in supplier evaluations and/or contracts;
- Information collection (understanding supplier behavior) - Select this option if the purpose of your engagement with suppliers is to gather data outside of specific initiatives;
- Engagement & incentivization (changing supplier behavior) - Choose this option if you offer specific incentives for your suppliers to meet climate-related goals or strategies. Incentives can be recognition (i.e. award schemes or special acknowledgements) or financial;
- Innovation & collaboration (changing markets) - Select this option if you specifically encourage your suppliers to develop new ways to reduce climate change impacts of the products/services that they offer. This can include formal campaigns and calls for partnerships as well as informal collaboration opportunities.
% of suppliers by number (column 3)
- Present as a percentage the number of suppliers within your value chain that you engage with on climate-related issues.
% total procurement spend (column 4)
- Include the percentage of total procurement spend (for the reporting year) that the group of suppliers participating in the engagement activity detailed in this row represent. Note that total (direct and indirect) procurement spend includes all operational expenses on raw materials, goods, and services procured.
- Do not include new or potential suppliers for whom you do not have spend data.
% of supplier-related Scope 3 emissions as reported in C6.5 (column 5)
- Only include the percentage of supplier-related Scope 3 emissions reported in C6.5 that are attributable to suppliers participating in the activity selected in this row.
Rationale for coverage of your engagement (column 6)
- Explain how and why this group of suppliers was chosen for the engagement selected in column 1 (e.g. proportion of spend, geographic location, etc.). The description should be company-specific and include details on what the engagement activity entails.
Impact of engagement, including measures of success (column 7)
- Use this column to discuss the impact of this engagement and how you measure its success.
- Please provide examples of positive outcomes achieved. For example, this could include supplier GHG emissions reductions and/or improved climate change strategies including target setting.
Comment (column 8) (optional)
- Use this column to provide any additional explanation that is relevant to capture the full complexity of the emissions changes, using no more than 2400 characters.
(C12.1b) Give details of your climate-related engagement strategy with your customers.
Question dependencies
This question only appears if you select “Yes, our customers” in response to C12.1.
Change from 2019
Minor change; Modified question for FS only
Rationale
This question provides investors and data users with more transparency regarding companies' customer engagement processes. As the majority of most companies’ emissions occur outside their direct operations, data users are interested in understanding how organizations are working with their customers to drive best practice and ameliorate climate-related issues.
Connection to other frameworks
SDG
Goal 12: Responsible consumption and production
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Type of engagement
|
Details of engagement
|
% of customers by number
|
% customer-related Scope 3 emissions as reported in C6.5
|
[FINANCIAL SERVICES ONLY] Portfolio coverage (total or outstanding)
|
Please explain the rationale for selecting this group of customers and scope of engagement
|
Impact of engagement, including measures of success
|
Select from:
- Education/information sharing
- Collaboration & innovation
- Compliance & onboarding [Financial services only]
- Information collection (understanding customer behavior) [Financial services only]
- Engagement & incentivization (changing customer behavior) [Financial services only]
- Other, please specify
|
Select from drop-down options below.
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Select from:
- All of the portfolio
- Majority of the portfolio
- Minority of the portfolio
- Unknown
|
Text field [maximum 2,400 characters]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Details of engagement drop-down options:
Education/ information sharing
Select one of the following options:
- Run an engagement campaign to educate customers about your climate change performance and strategy
- Run an engagement campaign to educate customers about the climate change impacts of (using) your products, goods, and/or services
- Share information about your products and relevant certification schemes (i.e. Energy STAR)
Collaboration & Innovation
Select one of the following options:
- Run a campaign to encourage innovation to reduce climate change impacts
- Other, please specify
Compliance & onboarding [Financial services only]
Select one of the following options:
- Climate change considerations are integrated into customer screening processes
- Included climate change considerations in customer management mechanism
- Other, please specify
Information collection (understanding customer behavior) [Financial services only]
Select one of the following options:
- Collect climate change and carbon information from new customers as part of initial due diligence
- Collect climate change and carbon information at least annually from long-term customers
- Other, please specify
Engagement & incentivization (changing customer behavior) [Financial services only]
Select one of the following options:
- Run an engagement campaign to educate customers about climate change
- Engage with customers on measuring exposure to climate-related risk
- Encourage better climate-related disclosure practices
- Offer financial incentives for customers who reduce your downstream emissions (Scope 3) and/or exposure to carbon-related assets
- Other, please specify
Requested content
Type of engagement (column 1)
- Select the type of engagement activity your organization participates in from the drop-down.
- If you select “Other, please specify,” provide a label for the “Type of engagement”.
Details of engagement (column 2)
- Expand on the “Type of engagement” (selected in column 1) your organization participates in by selecting the relevant details of engagement from the drop-down.
- Education/information sharing - Select this option if the aim of engagement is to educate and inform customers about climate change and GHG emissions but not necessarily instigate any specific action.
- Collaboration & innovation - Select this option if you specifically encourage your customers to develop new ways to reduce the climate change impacts of the products/services that they procure from you. This can include formal campaigns and calls for partnerships as well as informal opportunities to reduce negative impacts.
- Compliance & onboarding - Select this option if you require your customers to adhere to specific climate-related policies and/or if you provide onboarding, either with or without training, for those customers to understand and meet your expectations. Compliance requirements can be either pre-requisites to establishing a financing relationship, or be specified as metrics to achieve once onboarding is completed. Select this option if adherence to certain climate-related guidelines is included in customer evaluations and/or financing contracts. [Financial services only]
- Information collection (understanding customer behavior) - Select this option if the purpose of your engagement with customers is to gather climate-related data outside of specific
- Engagement & incentivization (changing customer behavior) - Choose this option if you offer specific incentives for your customers to meet climate-related goals or strategies. Incentives can be recognition (i.e. award schemes or special acknowledgements) or financial. [Financial services only]
% of customers by number (column 3)
- Present as a percentage the number of customers participating in this engagement activity.
- [Financial services only] "Customers" refers to all customers, consumers, clients and policyholders that the organization provides financing and/or underwriting services to. For the purposes of this question the focus is on your corporate, commercial and industrial (C&I) customers as opposed to your retail customers. However, where appropriate, retail customers may also be considered.
% of customer-related Scope 3 emissions as reported in C6.5 (column 4)
- Only include the percentage of customer-related Scope 3 emissions reported in C6.5 that are attributable to customers participating in the activity selected in this row.
- [Financial services only] Additionally, as most of your customer-related Scope 3 emissions are attributable to Category 15 "Investments", also consider the emissions that you report in C-FS14.2a/C-FS14.1b that are attributable to customers participating in the activity selected in this row.
Portfolio coverage (total or outstanding) [Financial services only]
- Select the coverage of your portfolio based on the portfolio value customers participating in this engagement activity represent. Coverage can be based on either total or outstanding commitments, premiums, and/or committed capital, please define this in the next column.
- Select "All of the portfolio" if the policy covers a 100% of your portfolio.
- Select "Majority of the portfolio" if the policy covers more than 50% of your portfolio.
- Select "Minority of the portfolio" if the policy covers less than 50% of your portfolio.
Explain the rationale for selecting this group of customers and scope of engagement (column 5)
- Explain how and why this group of customers was chosen for the engagement selected in column 1 (e.g. proportion of revenue generated, geographic location, etc.). Description should be company-specific and include details on what the engagement activity entails.
- [Financial services only] Additionally, explain the type of portfolio the customers fall under and the basis of your answer to column “Portfolio coverage” column. This can be either total or outstanding commitments based.
Impact of engagement, including measures of success (column 6)
- Use this column to discuss the impact of this engagement and how you measure its success.
- Please provide examples of positive outcomes achieved. For example, this could include customers reducing use-phase GHG emissions or increasing renewable energy procurement.
(C-FS12.1c) Give details of your climate-related engagement strategy with your investee companies.
Question dependencies
This question only appears if you select “Yes, our investee companies” in response to C12.1.
Change from 2019
New question
Rationale
This question provides investors and data users with more transparency regarding investee engagement processes. As the majority of financial sector organizations’ emissions occur outside their direct operations, data users are interested in understanding how organizations are working with their investees to drive best practice and ameliorate climate-related issues.
Connection to other frameworks
SDG
Goal 12: Responsible consumption and production
Response options
Please complete the following table. You are able to add rows by using the "Add Row" button at the bottom of the table.
Type of engagement
|
Details of engagement
|
% of investees by number
|
% Scope 3 emissions as reported in C-FS14.1a/C-FS14.1b
|
Portfolio coverage
|
Rationale for the coverage of your engagement
|
Impact of engagement, including measures of success
|
Select from:
- Information collection (understanding investee behavior)
- Engagement & incentivization (changing investee behavior)
- Innovation & collaboration (changing markets)
- Other, please specify
|
Select from:
Information collection (understanding investee behavior)
- Included climate change in investee selection/management mechanism
- Climate change is integrated into investee evaluation processes
- Collect climate change and carbon information from new investee companies as part of due diligence
- Collect climate change and carbon information at least annually from long-term investees
- Other, please specify
Engagement & incentivization (changing investee behavior)
- Exercise active ownership
- Support climate-related shareholder resolutions
- Support climate-related issues in proxy voting
- Initiate and support dialogue with investee boards to set Paris-aligned strategies
- Encourage better climate-related disclosure practices among investees
- Offer financial incentives for investees who reduce your emissions (Scope 3)
- Other, please specify
Innovation & collaboration (changing markets)
- Carry out collaborative engagements with other investors or institutions
- Run a campaign to encourage innovation to reduce climate change impacts
- Other, please specify
Other, please specify
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Select from:
- All of the portfolio
- Majority of the portfolio
- Minority of the portfolio
- Unknown
|
Text field [maximum 5,000 characters]
|
Text field [maximum 5,000 characters]
|
[Add Row]
Requested content
Type of engagement (column 1)
- If you select “Other, please specify,” provide a label for the “Type of engagement”.
Details of engagement (column 2)
- The drop-down options presented are linked to the type of engagement you selected in column 1
- Information collection (understanding investee behavior) - Select this option if the purpose of your engagement with investees is to gather data outside of specific initiatives.
- Engagement & incentivization (changing investee behavior) - Select this option if you engage on climate-related issues in shareholder resolutions, proxy votes, or in the form of active ownership. Also, choose this option if you offer specific incentives for your investees to meet climate-related goals or strategies. Incentives can be recognition (i.e. award schemes or special acknowledgements) or financial.
- Collaboration & innovation - Select this option if you specifically encourage your investees to develop new ways to reduce the climate change impacts of the products/services that you are financing. This can include formal innovative collaboration projects, campaigns and calls for partnerships as well as informal opportunities to reduce negative impacts.
% of investees by number (column 3)
- Provide the proportion of investees participating in this engagement activity.
% investee-related Scope 3 emissions as reported in C-FS14.1a/C-FS14.1b (column 4)
- Only include the percentage of investee-related Scope 3 emissions that you report in C-FS14.1a/C-FS14.1b that are attributable to investees participating in the activity selected in this row.
Portfolio coverage (column 5)
- Select the coverage of your investment portfolio based on the portfolio value represented by investees participating in this engagement activity. Coverage can be based on either total assets under management (AUM) or outstanding commitments, premiums, committed capital and/or other. Please define this in column 6.
- Select “All of the portfolio” if the policy covers a 100% of your portfolio.
- Select “Majority of the portfolio” if the policy covers more than 50% of your portfolio.
- Select “Minority of the portfolio” if the policy covers less than 50% of your portfolio.
Rationale for the coverage of your engagement (column 6)
- Explain how and why investees were chosen for the engagement selected in column 1 (e.g. proportion of revenue generated, geographic location, etc.). Your description should be company-specific and include details on what the engagement activity entails.
- Explain your response to the "Portfolio coverage” column.
Impact of engagement, including measures of success (column 7)
- Discuss the impact of this engagement and how you measure its success.
- Include a description of any engagement activity you undertake with investee companies to manage these climate-related risks in your investment portfolio.
- Provide examples of positive outcomes achieved. For example, this could include investees reducing product use-phase GHG emissions or increasing renewable energy procurement.
(C12.1d) Give details of your climate-related engagement strategy with other partners in the value chain.
Question dependencies
This question only appears if you select “Yes, other partners in the value chain” in response to C12.1.
Change from 2019
No change (2019 C12.1c)
Rationale
While engaging with suppliers is considered best practice, some companies may find it appropriate to work with other aspects of their value chain beyond customers and suppliers. This question provides investors and data users with more transparency into companies' engagement strategies beyond the standard or expected parties.
Connection to other frameworks
SDG
Goal 12: Responsible consumption and production
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Note that your answer to this question should only include information not captured in C12.1a or C12.1b, and therefore only be pertinent to elements of your value chain that are not suppliers or customers. Please ensure that you explicitly identify which value chain partners you are referring to in your response.
- Provide a company-specific description of your climate-related engagement strategy, including methods of engagement, how you prioritize engagements with other elements of your value chain, and how you measure the success of these engagements.
- Methods of engagement could include, but are not limited to:
- one to one meetings or written correspondence
- collaborative projects
- holding training events
- advertising, etc.
- Your strategy for prioritizing engagements should detail how you have chosen the parts of the value chain as well as the individual partners to focus your engagement on.
- Detail how you have, or propose to, measure success and any positive outcomes achieved in the reporting year.
- Provide an example or case study of your engagement with other partners in the value chain.
(C12.1e) Why do you not engage with any elements of your value chain on climate-related issues, and what are your plans to do so in the future?
Question dependencies
This question only appears if you select “No, we do not engage” in response to C12.1.
Change from 2019
No change (2019 C12.1d)
Rationale
As engaging with at least some part of the value chain is considered best practice, investors and data users need to know why companies are not yet working to affect positive environmental change beyond their direct operations.
Connection to other frameworks
SDG
Goal 12: Responsible consumption and production
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Provide a company-specific explanation of why you do not engage with any elements of your value chain on climate-related issues, and outline your plans to do so in the future. Please clearly separate the two elements of the question in your response.
Agricultural supplier engagement
Question C12.2 only applies to organizations with activities in the following sectors:
- Agricultural commodities
- Food, beverage & tobacco
- Paper & forestry
(C-AC12.2/C-FB12.2/C-PF12.2) Do you encourage your suppliers to undertake any agricultural
or forest management practices with climate change mitigation and/or adaptation
benefits?
Question dependencies
This question only appears if you select “Yes, our suppliers” in response to C12.1 AND if you select “Elsewhere in value chain” or “Both own land and elsewhere in value chain” in response to the “Agriculture/Forestry" row in C-AC0.6/C-FB0.6/C-PF0.6
Change from 2019
No change
Rationale
This question gathers information on whether you encourage your suppliers to undertake any management practice with climate change benefits. This demonstrates to data users that your organization is acting on either preventing, reducing, controlling, and/or adapting to the effects of climate change in its supply chain. By encouraging your suppliers to adopt such management practices on their land, you promote awareness of sustainable production practices and ultimately contribute to reducing climate-related risks in your supply chain.
Response options
Select one of the following options:
Requested content
General
- Select ‘Yes’ if you have encouraged /are in the process of encouraging your suppliers to adopt actions or management practices with direct or indirect climate change benefits. These may refer to preventing, reducing, controlling and/or adapting to effects of climate change.
- There is a wide variety of agricultural/forestry management practices that have either direct or indirect climate change mitigation and/or adaptation benefits. A list of common examples can be found in Appendix A of this document.
(C-AC12.2a/C-FB12.2a/C-PF12.2a) Specify which
agricultural or forest management practices with
climate change mitigation and/or adaptation benefits you encourage your
suppliers to undertake and describe your role in the implementation of each
practice.
Question dependencies
This question only appears if you select "Yes" in response to C-AC12.2/C-FB12.2/C-PF12.2.
Change from 2019
No change
Rationale
This question gathers information on which management practice with climate change benefits you encourage your suppliers to undertake and your role on the implementation. This demonstrates to data users that your organization is acting on either preventing, reducing, controlling, and/or adapting to the effects of climate change in its supply chain. By encouraging your suppliers to adopt such management practices on their land, you promote awareness of sustainable production practices and ultimately contribute to reducing climate-related risks in your supply chain.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Management practice reference number
|
Management practice
|
Description of management practice
|
Your role in the implementation
|
Explanation of how you encourage implementation
|
Climate change related benefit
|
Comment
|
Select from:
- MP1
- MP2
- MP3
- MP4
- MP5
- MP6
- MP7
- MP8
- MP9
- MP10
- MP11
- MP12
- MP13
- MP14
- MP15
- MP16
- MP17
- MP18
- MP19
- MP20
|
Select from:
- Afforestation
- Agroforestry
- Biodiversity considerations
- Change in the topography or landscapes
- Composting
- Crop diversity
- Contour farming
- Crop rotation
- Diversifying farmer income
- Efficient equipment use
- Equipment maintenance and calibration
- Enhanced forest regeneration practices
- Fertilizer management
- Fire control
- Governmental or institutional policies and programs
- Green harvesting
- Integrated pest management
- Knowledge sharing
- Land use change
- Low carbon energy use
- Low tillage and residue management
- Livestock management
- Manure management
- Nitrogen-fixing plants as cover crop
- Organic farming
- Practices to increase wood production and forest productivity
- Permanent soil cover (including cover crops)
- Pest, disease and weed management practices
- Reducing energy use;
- Reforestation
- Restoration
- Replacing fossil fuels by renewable energy sources
- Restoration of degraded lands and cultivated organic soils
- Rice management
- Seed variety selection
- Selective logging
- Selecting species to maximize carbon capture
- Species introduction
- Timing of farm operations
- Waste management
- Other, please specify
|
Text field [maximum 2,400 characters]
|
Select all that apply:
- Financial
- Knowledge sharing
- Operational
- Procurement
- None
- Other, please specify
|
Text field [maximum 2,400 characters]
|
Select all that apply:
- Emissions reductions (mitigation)
- Increasing resilience to climate change (adaptation)
- Increase carbon sink (mitigation)
- Reduced demand for fossil fuel (adaptation)
- Reduced demand for fertilizers (adaptation)
- Reduced demand for pesticides (adaptation)
- Other, please specify
|
Text field [maximum 1,000 characters]
|
[Add Row]
Requested content
General
- If your organization encourages your suppliers to undertake many actions, prioritize the disclosure of those that have had/are expected to have the greatest benefit to your suppliers (e.g. reducing CO2e emissions, saving costs, increasing productivity).
Management practice reference number (column 1)
- Select an identifier for each of management practice. This reference number shall be used to track progress on your specific project in the following years.
- You may report up to 20 management practices.
Management practice (column 2)
- Select the option that best describes the action or management practice your organization encourages its suppliers to adopt. See Appendix A for details on each management practice listed.
- If none of the options are applicable to your organization, select ‘Other, please specify’ and indicate the management practice you encourage suppliers to adopt.
Description of management practice (column 3)
- Provide a brief company-specific description of the action or management practice, including the methods and tools used to implement it.
- Provide an explanation as to why you have chosen this practice and how you expect this to mitigate climate change effects and/or improve your business resilience.
- Specify the percentage of total suppliers that you encourage to adopt this action or management practice and explain any exclusions if you do not cover your entire supply chain.
Your role in the implementation (column 4)
- Select the option that best describes your role in the implementation of the action or management practice. Select all options that apply.
- Consider the following definitions:
- Financial –you provide financial support to your suppliers
- Knowledge sharing – you support knowledge sharing of agricultural/forestry management practices amongst your suppliers
- Operational –you have operational control over the production activities that fall outside of your organizational boundary
- Procurement –you encourage specific agricultural/forestry management practices through requirements in your procurement relationships
- If none of the options are applicable to your organization, select ‘Other, please specify’ and indicate your organization’s role in implementing these practices.
Explanation of how you encourage implementation (column 5)
- Explain how you have encouraged your suppliers to adopt the action or management practice selected in column 2, by including details of your role in the implementation indicated in column 4 and providing company-specific examples.
Climate change related benefit (column 6)
- Select the climate change mitigation/adaptation benefits that your suppliers have/expect to receive from the implementation of this action or management practice. Select all options that apply.
- If none of the options are applicable to your organization, select ‘Other, please specify’ and indicate the appropriate climate change related benefit.
Comment (column 7) (optional)
- You may use this field to specify and provide a description of the methods and tools used to evaluate the climate change benefits associated with the management practices and any further details.
(C-AC12.2b/C-FB12.2b/C-PF12.2b) Do you collect information from your suppliers about the
outcomes of any implemented agricultural/forest management practices you have
encouraged?
Question dependencies
This question only appears if you select "Yes" in response to C-AC12.2/C-FB12.2/C-PF12.2.
Change from 2019
No change
Rationale
This demonstrates to data users that your organization is committed to working towards reducing the impacts of climate change by not only encouraging its suppliers to adopt practices with climate change benefits but also by assessing these benefits after the practices are implemented. Data users are interested to know whether your organization assesses the impact of its actions to address climate-related risks.
Response options
Select one of the following options:
Requested content
General
- You should select ‘Yes’ if you collect information on the outcomes of any agricultural/forestry management practices that your suppliers implemented on their land encouraged by you.
- You can use the comment box to provide details on your response, by clicking on the “speech bubble” icon.
(C-AC12.2c/C-FB12.2c/C-PF12.2c) Why do you not encourage your suppliers to undertake any agricultural/forest management practices with climate change mitigation and/or adaptation benefits?
Question dependencies
This question only appears if you select "No" in response to C-AC12.2/C-FB12.2/C-PF12.2.
Change from 2019
No change
Rationale
Data users wish to know the main reason why you do not encourage your suppliers to undertake any management practices with climate change benefits and any plans you might have to engage with your suppliers regarding managing practices in the next two years.
Response options
Please complete the following table:
Primary reason
|
Please explain
|
Select from:
- Lack of internal resources
- We plan to introduce a process in the next two years
- Not an immediate business priority
- Judged to be unimportant
- No instruction from management
- Other, please specify
|
Text field [maximum 4,000 characters]
|
Requested content
Primary reason (column 1)
- Select the option that best describes the primary reason why you indicated that you do not encourage your suppliers to undertake any agricultural/forestry management practices or actions with climate change benefits.
- If none of the reasons are applicable to your organization, select ‘Other, please specify’ and indicate the primary reason you do not encourage suppliers in this context.
Please explain (column 2)
- If you selected ‘Lack of internal resources,’ specify the main challenges you experience to performing such engagement.
- If you selected ‘We plan to introduce a process in the next two years,’ describe your plans for engagement, by including:
- The percentage of suppliers you are planning to cover.
- Which practices you will encourage your suppliers to adopt and why.
- Brief explanation of how the implementation of these practices may benefit your suppliers and consequently your business.
- How you plan to approach and support your suppliers on the implementation of these management practices.
Public policy engagement
(C12.3) Do you engage in activities that could either directly or indirectly influence public policy on climate-related issues through any of the following?
Change from 2019
No change
Rationale
Participating in engagement activities that can directly or indirectly influence public policy on climate-related issues are of interest to CDP data users, as it is important to understand how companies’ public policy activities on climate change relates to other stances taken. This question provides data users with insight into the different types of activities that organizations engage in.
Response options
Select all that apply from the following options:
- Direct engagement with policy makers
- Trade associations
- Funding research organizations
- Other
- No
Requested content
General
- If you engage in activities that could either directly or indirectly influence climate change policy, select at least one of the first four options (Direct engagement, Trade associations, Funding research organizations, or Other) by ticking the adjacent box. If more than one applies, select multiple options.
- This question is focused on external engagement with policy makers, government departments, or regulatory bodies on a regional, local, national, or international level. Responses should be relevant to the reporting year only, and only be reported if you have engaged in any of the aforementioned activities that could influence policy on climate change.
- If you have multiple activities that cannot be described as direct engagement, engagement through trade associations or engagement through funding research organizations, then please select “Other” – you will be given the opportunity to explain all the engagement activities that you have included under “Other” in a subsequent question.
- There will be a wide range of activities that could be considered as each of these options. In response to this question, please select all that apply regardless of your role and how significant those activities are for your company or a third party.
- For trade associations and funding research organizations, you should identify any relationships where the other party takes an active role in climate change, even if your own relationship with them is not climate change-focused. You will be given an opportunity to describe the engagement in subsequent questions.
- Only select “No” (by ticking the adjacent box) if you do not engage in any activities with policy makers, directly or indirectly. Do not select “No” as well as one of the other options, as this would be a non-logical response.
- Your selections for this question will determine which other questions will appear in this section.
Additional information
Examples of engagement activity
- Direct engagement - This includes all activity where companies (or their representatives such as law firms or public affairs agencies engaged directly by the company) engage with policy makers or regulators on the development of law or regulation. Examples of such activities include responding to a consultation, sitting on a working group or lobbying activities directed at individuals or groups that are part of the process of developing, reviewing or amending a law or regulation. Direct engagement can include any stage in the policy or regulation development process, from the selection of options to final consultation comments, but does not include compliance with a new or updated requirement once it has come into force.
- Trade associations - Trade associations (sometimes also referred to as industry associations) are an association of people or companies in a particular business or trade, organized to promote their common interests. Trade associations are relevant here as they present an “industry voice” to governments to influence their policy development. The majority of organizations are members of multiple trade associations, many of which take a position on climate change and actively engage with policy makers on the development of policy and legislation on behalf of their members. It is acknowledged that in many cases companies are passive members of the trade associations and therefore do not actively take part in their work on climate change. This will be investigated in subsequent questions and therefore if you are a member of a trade association that engages on climate change, regardless of your own involvement, you should tick “trade associations” at question C12.3.
- Funding research organizations - In this context, research organizations can include research institutions, think tanks, and other consultancies that operate in the climate change subject area on projects intended for public dissemination that aim to influence policy. Please note that for the purpose of this question, funding may take the form of membership fees offered to research organizations. The work that you commission them for or the support that you give them may or may not be climate change-related, however if they do engage in work on climate change then you should select this option.
- Other - Examples of “Other” activities include, but are not limited to:
- Engaging directly with policy makers, regulators or other public servants on matters other than legislation or regulation relating to climate change. E.g. green procurement strategies
- Taking part in climate change projects at the request of governments
- Undertaking research or taking part in research projects with the objective to inform policy development or implementation
- Engaging with policy makers or regulators through groups (local, national or international) other than trade associations (either directly or through funding)
- Engaging with governments through special purpose, single issue groups, for example for or against a particular bill or development project
- Sponsoring or taking part in events on climate change with a policy maker audience
- Producing other media (e.g. video, blog, social media) that aims to influence policy makers on climate change
- Seconding company staff to work within government or a regulator
- For more information please see the “Guide for Responsible Corporate Engagement in Climate Policy”” produced in 2013 by CDP alongside UN Global Compact, Ceres, The Climate Group, WWF and the World Resources Institute.
(C12.3a) On what issues have you been engaging directly with policy makers?
Question dependencies
This question only appears if you select “Direct engagement with policy makers” in response to C12.3.
Change from 2019
No change
Rationale
Participating in engagement activities that can directly or indirectly influence public policy on climate-related issues are of interest to CDP data users, as it is important to understand how companies’ public policy activities on climate change relates to other stances taken. This question provides increased transparency regarding the issues that relate to organizations’ policy engagement efforts.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Focus of legislation
|
Corporate position
|
Details of engagement
|
Proposed legislative solution
|
Select from:
- Mandatory carbon reporting
- Cap and trade
- Carbon tax
- Energy efficiency
- Clean energy generation
- Adaptation or resilience
- Climate finance
- Regulation of methane emissions
- Other, please specify
|
Select from:
- Support
- Support with minor exceptions
- Support with major exceptions
- Neutral
- Oppose
- Undecided
|
Text field [maximum 2,400 characters]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Focus of legislation (column 1)
- This column relates to the general area in which the legislation that you are engaging on falls.
- This column data allows investors and other data users to assess comparable legislative developments across multiple geographies.
- If none of the listed options apply, select “Other, please specify” and enter the focus of the legislation in the text box that appears. Note that you will have an opportunity to provide details of the legislation in subsequent columns.
- There is no need to provide details on all legislation types – only those on which you have been actively engaging in the reporting year.
Corporate position (column 2)
- This should reflect your overall position on this particular legislation type. For example:
- “Support” – select this option if you are engaging in full support of this legislation type across all the geographies in which you are engaging on it.
- “Support with minor exceptions” – select this option if you are engaging in support of this legislation type with either minor exceptions to the approach or with minor exceptions to geographies for whom it is proposed and where you are actively engaging. For example, if you support the principle of but oppose certain ways in which it is being applied, select this option. You will be given the chance to explain in the next column.
- “Support with major exceptions” – select this option if you are engaging in support of this legislation type with either major exceptions to the approach or with major exceptions to geographies for whom it is proposed and where you are actively engaging.
- “Neutral” – select this option if you have taken part in engagement activities for this legislation type but have not put forward a view.
- “Oppose” – select this option if you have been engaging against this legislation type across all relevant geographies.
- “Undecided” – select this option if you have been engaging on this legislation at an early stage in the development process and have yet to give an opinion or attempt to influence the policy development process in any direction.
Details of engagement (column 3)
- This column gives an opportunity to provide more details on the particular legislation on which you are engaging.
- Use the text field to provide details of how you are engaging (e.g., responding to a consultation, meeting directly with policy makers, etc.) and the legislation on which you are engaging.
- Please give the name of the legislation and the geographies to which it applies.
- Please only give details of the legislation that you have engaged on in the reporting year.
Proposed legislative solution (column 4)
- This column gives an opportunity to provide more details on the actions you are advocating.
- If you support the legislation with no exceptions, you can state this.
- However, if you support it with exceptions, you should provide details of the exceptions and what you would propose in their place.
- If you oppose the legislation, please provide details of an alternative legislative approach that you feel would more effectively reduce carbon emissions in the corporate sector.
Note for oil & gas sector companies:
- You should discuss, as relevant, key policy engagement issues for your sector e.g. carbon pricing policies, in particular carbon tax and cap and trade, mandatory carbon reporting and regulation of methane emissions.
Example response
Focus of legislation | Corporate position | Details of engagement | Proposed legislative solution |
---|
Mandatory carbon reporting | Support | We engaged with the UK government around the BEIS
consultation on Business Energy Efficiency, including options for improved
energy and climate reporting requirements for companies. | We support the continuation of the UK’s requirement
for listed companies to report global GHG emissions in mainstream reports. |
Carbon Tax | Support | Engaged with Australian Federal Government to
communicate the commercial benefits and risks of a Carbon Tax at various
levels, including the business certainty it provided. | We supported the carbon pricing in Australia as it
provided stronger regulatory stability than the current environment. |
(C12.3b) Are you on the board of any trade associations or do you provide funding beyond membership?
Question dependencies
This question only appears if you select “Trade associations” in response to C12.3.
Change from 2019
No change
Rationale
Trade associations are a crucial tool through which companies can shape policy and interact with legislators and industry peers. These trade associations can potentially play a significant role in the development and adoption of climate policy. As such, investors and data users expect companies to be transparent about their relationships and responsibilities with these groups.
Response options
Select one of the following options:
Requested content
General
- Note that this question is not asking about all the trade associations that you are a member of, only those that you have a more significant influence over due to Board membership or through providing funding beyond membership fees.
(C12.3c) Enter the details of those trade associations that are likely to take a position on climate change legislation.
Question dependencies
This question only appears if you select “Yes” in response to C12.3b.
Change from 2019
No change
Rationale
Trade associations are a crucial tool through which companies can shape policy and interact with legislators and industry peers. These trade associations can potentially play a significant role in the development and adoption of climate policy. As such, investors and data users expect companies to be transparent about their relationships and responsibilities with these groups, especially those likely to take a position on legislation related to climate change.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Trade association
|
Is your position on climate change consistent with theirs?
|
Please explain the trade association’s position
|
How have you influenced, or are you attempting to influence their position?
|
Text field [maximum 1,000 characters]
|
Select from:
- Consistent
- Inconsistent
- Mixed
- Unknown
|
Text field [maximum 2,400 characters]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Trade association (column 1)
- Enter the name of the trade association(s) that you are on the Board of or provide funding beyond membership, using no more than 1000 characters.
Is your position on climate change consistent with theirs? (column 2)
- Indicate, by selecting from drop-down options, how well your position on climate change aligns with the trade association listed in column 1.
Please explain the trade association’s position (column 3)
- Give details of the trade association’s position on climate change (and explain how this position differs from your own if it does).
- Where appropriate, give examples of activities the trade association has undertaken in the reporting year to influence climate change policy.
How have you, or are you attempting to, influence the position? (column 4)
- Describe how you have worked, or are in the process of working with the trade association to promote the current or an alternative position.
Additional information
Climate change position of trade associations
- To aid companies in sorting through the climate-related action of trade associations and determining where the groups in which they belong actually stand on climate change, the Center for Science and Democracy at the Union of Concerned Scientists has conducted an analysis focused on the positions that trade and business associations have taken in the public discourse on climate science and policy in recent years.
- The analysis looks at many of the largest and most influential trade and business associations in the United States and globally. Areas explored include how these groups understand the science of climate change, the positions they have on climate policy, and what actions they have taken with respect to specific climate-related policy proposals in recent years.
(C12.3d) Do you publicly disclose a list of all research organizations that you fund?
Question dependencies
This question only appears if you select “Funding research organizations” in response to C12.3.
Change from 2019
No change
Rationale
Research organizations can provide important insights into technology, trade, and other industry-relevant topics. Outputs from these organizations can be used to shape corporate strategy, products, and positions. Investors and data users want to understand the full spectrum of engagement activities that companies undertake, and thus are interested in the relationships companies have with research organizations.
Response options
Select one of the following options:
Requested content
General
- This question refers to all research organizations that you fund and not just those related to climate change.
(C12.3e) Provide details of the other engagement activities that you undertake.
Question dependencies
This question only appears if you select “Other” in response to C12.3.
Change from 2019
No change
Rationale
Research organizations can provide important insights into technology, trade, and other industry-relevant topics. Outputs from these organizations can be used to shape corporate strategy, products, and positions. Investors and data users want to understand the full spectrum of engagement activities that companies undertake, and thus are interested in the relationships companies have with research organizations.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Use the text box provided to detail any other activities that you have engaged in the reporting year that could either directly or indirectly influence policy on climate change.
- For each activity, identify the method of engagement (individual or through a group), the topic of engagement (e.g., a piece of legislation or a tax), the nature of the engagement (i.e. what your activities were), and the actions that you are advocating as part of that engagement.
(C12.3f) What processes do you have in place to ensure that all of your direct and indirect activities that influence policy are consistent with your overall climate change strategy?
Question dependencies
This question only appears if you select “Direct engagement with policy makers”, “Trade associations”, “Funding research organizations” and/or “Other” in response to C12.3.
Change from 2019
No change
Rationale
It is important that companies maintain a consistent approach to issues. Engaging in some activities whose purpose is to discredit climate science, for instance, while also working with other groups to advance solutions and adaptations to climate change sends conflicting messages to investors and data users about that company’s priorities and stance. This question enables companies to disclose the processes they use to make sure that their position on climate change is compatible with the activities in which they partake.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- The intention is to understand how you as an organization manage the multiple engagement activities around climate change across business divisions and geographies to ensure that you have a common approach that is also consistent with your strategy on climate change.
- Use the text box provided to explain the processes that you have in place, or if you do not have any in place, how you plan to address this potential for conflict in the future.
(C12.3g) Why do you not engage with policy makers on climate-related issues?
Question dependencies
This question only appears if you select “No” in response to C12.3.
Change from 2019
No change
Rationale
Not all companies choose to engage with policy makers regarding climate change. Investors and data users are interested in understanding why companies have made this choice, and whether there are any plans to change this stance in the future. Considering the impact that companies can have on policy, it is important for data users to know why those companies have deliberately chosen not to engage with policy makers in any way.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Provide a company-specific explanation as to why you do not pursue activities that have the potential to influence climate change policy and any plans you have to change that in the future.
Communications
(C12.4) Have you published information about your organization’s response to climate change and GHG emissions performance for this reporting year in places other than in your CDP response? If so, please attach the publication(s).
Change from 2019
No change
Rationale
Best practice in corporate environmental reporting is to integrate non-financial metrics and data into mainstream financial reports. Investors want to understand where and how companies communicate their climate change strategies and emissions figures, and whether these communications are in line with best practice.
Connection to other frameworks
Goal 12: Responsible consumption and production
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Publication
|
Status
|
Attach the document
|
Page/Section reference
|
Content elements
|
Comment
|
Select from:
- In mainstream reports
- In mainstream reports, in line with the CDSB framework (as amended to incorporate the TCFD recommendations)
- In mainstream reports, incorporating the TCFD recommendations
- In other regulatory filings
- In voluntary communications
- In voluntary sustainability report
- No publications with information about our response to climate-related issues and GHG emissions performance
- Other, please specify
|
Select from:
- Complete
- Underway – previous year attached
- Underway – this is our first year
|
Attach your document here.
|
Text field [maximum 500 characters]
|
Select all that apply:
- Governance
- Strategy
- Risks & Opportunities
- Emissions figures
- Emission targets
- Other metrics
- Other, please specify
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
General
- This question asks about communication of your position on climate change and carbon emissions outside of your CDP response.
- Even where the relevant information is web-based, you must produce a static document to attach, due to the need to maintain a fixed response over time that can be accessed in full at any time in the future; a URL is inherently dynamic and therefore cannot fulfill this requirement.
Publication (column 1)
- Select from the drop-down options the type of publication your organization has published in response to climate change and its GHG emissions performance for the reporting year in places other than its CDP response.
- CDP uses the CDSB Framework definition of mainstream reports, i.e. annual reporting packages in which organizations are required to deliver their audited financial results under the corporate, compliance or securities laws of the country in which they operate and are normally publicly available. It is acknowledged that, in some jurisdictions, multiple documents may meet this definition. Please attach only those which reference your organization’s response to climate change and GHG emissions performance.
- Other regulatory filings are reports which are required through regional or national legislation, but which do not fall under the definition of mainstream reports stated above.
- Voluntary communications include optional sustainability/CSR reports or any other voluntary consumer facing publications, advertising, company websites, executive speeches and/or presentations.
- If you do not publish any content regarding your organization's response to climate change and GHG emissions performance, please select "No publications with information about our response to climate-related issues and GHG emissions performance".
- If you select “Other, please specify,” provide a label for the publication.
Status (column 2)
- Select from the drop-down options the status of the publication type selected in column 1.
- The report should relate to the reporting year although it is acknowledged that it may not be published in the reporting year.
- Where reports are not ready for publication at the time of submission of your CDP response, select one of the options that indicate the report is underway.
- Where you can attach the previous year’s report to demonstrate that the information is routinely published in this way, select “Underway – previous year attached” and complete the remaining two columns of the table with regard to this report.
- Where this is the first year that you will have published information in this way, select “Underway – this is our first year” and leave the other two columns in the table blank. Where the publication is already available, select “Complete.”
Page/Section reference (column 4)
- Identify the page(s) and section(s) of the report attached that refers to climate change and GHG emissions performance. If the whole document relates to climate change and GHG, please state this. If your document is only 1 page long, please still state this.
Content elements (column 5)
- Select all content elements that apply from the drop-down that relate to the publication type selected in column 1.
Explanation of terms
- Mainstream reports: in line with CDSB, this refers to the annual reporting packages in which organizations are required to deliver their audited financial results under the corporate, compliance or securities laws of the country in which they are incorporated or, if relevant, operate. Mainstream reports are traditionally publicly available. They provide information to existing and prospective investors about the financial position and financial performance of the organisation. The exact provisions under which companies are required to deliver mainstream financial reports differ internationally, but will generally contain financial statements and other financial reporting, including governance statements and management commentary.
Additional information
The Climate Disclosure Standards Board
About
- The Climate Disclosure Standards Board (CDSB) is a consortium of business and environmental organizations. CDSB is committed to advancing and aligning the global mainstream corporate reporting model to equate natural capital with financial capital.
- CDSB does this by offering companies a framework for reporting climate change and natural capital information with the same rigor as financial information. In turn this helps them to provide investors with decision-useful environmental information via the mainstream corporate report, enhancing the efficient allocation of capital. Regulators also benefit from compliance-ready materials.
- Recognising that information about natural capital and financial capital is equally essential for an understanding of corporate performance, CDSB’s work builds trust and transparency needed to foster resilient capital markets. Collectively, CDSB aims to contribute to more sustainable economic, social and environmental systems.
- CDSB’s Mission is to create the enabling conditions for material climate change and natural capital information to be integrated into mainstream reporting. In effect, this helps create the landscape for companies to translate their sustainability information into business impacts and long-term value.
- To fulfil its mission and vision, CDSB seeks to standardize environmental information reporting through collaborating, identifying and coalescing around the most widely shared and tested reporting approaches that are emerging around the world.
- CDSB advances its mission by:
- Helping companies interpret and better understand their data: CDSB will drive the corporate uptake in current – and future – initiatives such as the TCFD recommendations by providing technical and educational support to corporates and regulators;
- Creating a technical architecture: CDSB will develop and provide a common language and reporting frameworks and develop technical material supporting contentious issues or market needs, spearheaded by the CDSB Framework;
- Making connections: CDSB will engage with corporate, regulators, investors, standard-setters and non-profits to develop industry-driven reporting tools, practices and regulations, and shape regulatory developments.
- In April 2018 CDSB released an updated version of its Framework, the CDSB Framework for reporting environmental information, natural capital and associated business impacts, which is now aligned with the TCFD recommendations and other major reporting requirements. Further information on the CDSB Framework can be found on its website.
Why does CDP support the CDSB Framework?
- CDP works to transform the way the world does business to prevent dangerous climate change and protect our natural resources, particularly by providing relevant environmental information to investors. Given that an essential way that investors utilize data is through mainstream financial reports, it is integral to CDP’s mission that companies use the CDSB Framework to provide natural capital information to investors through their mainstream financial report.
- Therefore, the CDSB Framework provides an important tool for formalizing and advancing the significant progress CDP has made in developing climate change-related and natural capital reporting by bringing it into mainstream financial reporting.
- CDP acts as secretariat to CDSB, managing its work program on behalf of the Board members.
Integrated reporting
- The primary purpose of an integrated report is to explain to providers of financial capital how an organization creates value over the short, medium and long term. An integrated report aims to communicate a clear, concise, integrated story that explains how all of an organization’s resources are creating value.
- The International <IR> Framework takes a principles-based approach. The intent is to strike an appropriate balance between flexibility and prescription that recognizes the wide variation in individual circumstances of different organizations while enabling a sufficient degree of comparability across organizations to meet relevant information needs. It does not prescribe specific key performance indicators, measurement methods, or the disclosure of individual matters, but it does include a small number of requirements that are to be applied before an integrated report can be said to be in accordance with the Framework.
The Task Force on Climate-related Financial Disclosures (TCFD)
About
- Launched in December 2015, the Financial Stability Board’s (FSB) industry-led Task Force on Climate-related Financial Disclosure (TCFD) aims to develop voluntary and consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders.
The TCFD strives to:
- Promote more informed investment, credit (or lending), and insurance underwriting decisions;
- Enable stakeholders to better understand the concentrations of carbon-related assets in the financial sector and the financial system’s exposures to climate-related risks;
- Foster an early assessment of these risks, and facilitate market discipline;
- Thus providing a source of data that can be analyzed at a systemic level to facilitate authorities’ assessments of the materiality of any risks posed by climate change.
TCFD’s mission
- The TCFD was tasked with developing a set of voluntary, financially relevant, climate disclosure recommendations that could promote informed investment, credit, and insurance underwriting decisions that could in turn enable stakeholders to better understand assets exposed to climate-related risks.
- Its aim is to enable stakeholders to allocate capital efficiently through the transition to a low-carbon economy without a potential dislocation of capital in the financial markets.
- The TCFD’s final report presents a principle-based set of recommendations for voluntary disclosure that aims to balance the needs of data users with the challenges faced by preparers. The report provides the overarching core recommendations with supporting information on climate-related risks, opportunities, financial impacts, and scenario analysis.
- Further information on TCFD can be found in CDP's technical note on the TCFD's recommendations.
Industry collaboration
(C-FS12.5) Are you a signatory of any climate-related collaborative industry frameworks, initiatives and/or commitments?
Change from 2019
New question
Rationale
By becoming a signatory of climate-related
collaborative industry initiatives, organizations in the financial sector contribute
to the development of climate-related disclosure frameworks, metrics and
commitments that will help the sector and the wider real economy meet the goals
of the Paris agreement. Supporting climate-related industry initiatives sends a
signal to investors about the organization’s commitment to taking steps to
align its business to a below 2-degree world.
Response options
Please complete the following table.
Type of collaboration
|
Industry Collaboration
|
Comment
|
Reporting frameworks
|
Select all that apply:
- Climate Disclosure Standards Board (CDSB)
- Equator Principles
- Partnership for Carbon Accounting Financials (PCAF)
- Principles for Responsible Investment (PRI)
- Task Force on Climate-related Financial Disclosures (TCFD)
- UNEP FI Principles for Responsible Banking
- UNEP FI Principles for Sustainable Insurance
- Other, please specify
|
Text field [maximum 2,400 characters]
|
Industry initiative
|
Select all that apply:
- Asia Investor Group on Climate Chane (AIGCC)
- Banking Environment Initiative
- Ceres
- Climate Action 100+
- Climate Bonds Initiative Partner Programme
- ClimateWise Principles
- Global Alliance for Banking on Values (GABV)
- G7 Investors Global Initiative
- IIF Forum on Implementation of TCFD recommendations
- Institutional Investors Group on Climate Change (IIGCC)
- International Corporate Governance Network (IGCN)
- Natural Capital Finance Alliance
- Net-Zero Asset Owner Alliance
- Partnership for Carbon Accounting Financials (PCAF)
- Positive Impact Initiative
- Principles for Responsible Investment (PRI)
- Science-Based Targets Initiative for Financial Institutions (SBTi-FI)
- Soft Commodities' Compact
- The Investor Agenda
- Transition Pathway Initiative
- UNEP FI
- UNEP FI Principles for Responsible Banking
- UNEP FI Portfolio Decarbonization Coalition
- UNEP FI Principles for Sustainable Insurance
- UNEP FI TCFD Pilot
- We Are Still In
- We Mean Business
- Other, please specify
|
|
Commitment
|
Select all that apply:
- ClimateWise Principles
- Montreal pledge
- Net-Zero Asset Owner Alliance
- Collective Commitment to Climate Action
- We Are Still In
- Other, please specify
|
|
Requested content
General
- This question asks about your position and involvement in wider climate-related collaborative industry initiatives.
- For each type of engagement (reporting framework, industry initiative, commitments) select the options you are engaged with. If a reporting framework/initiative/commitment is not listed, select “Other, please specify” and explain what this industry collaboration is.
C13 Other land management impacts
Module Overview
This module provides the opportunity for disclosing on impacts - other than climate-related - of land management practices implemented in owned land and/or by suppliers
Key changes
- No key changes.
- Click here for a list of all changes made this year.
C13 Module Dependencies
Module C13 only applies to organizations with activities in the following sectors:
- Agricultural commodities
- Food, beverage & tobacco
- Paper & forestry
(C-AC13.1/
C-FB13.1/C-PF13.1) Do you know if any of the
management practices implemented on your own land disclosed in C-AC4.4a/C-FB4.4a/C-PF4.4a have other impacts besides climate change
mitigation/adaptation?
Question dependencies
This question only appears if you select "Yes" in response to C-AC4.4/C-FB4.4/C-PF4.4.
Change from 2019
No change
Rationale
Organizations are encouraged to move towards a more holistic approach regarding their land management actions. This is important due to the complex interrelationships between climate change, deforestation, and water security issues. An understanding of the implications of your management practices on other environmental aspects demonstrates a mature environmental stewardship approach to investors and other data users.
Response options
Select one of the following options:
Requested content
General
- This question refers to any impacts, other than climate benefits, that may be occurring due to your implementation of any of the agricultural/forestry management practices detailed in C-AC4.4a/C-FB4.4a/C-PF4.4a. For example, these impacts might refer to negative or positive effects on biodiversity, soil and water quality, or crop yield.
- You should select "Yes" if you have measured the effects of at least one management practice indicated in C-AC4.4a/C-FB4.4a/C-PF4.4a on environmental aspects beyond climate. You will be able to provide details on these effects in the following question.
- Note that the effects you report should be a result of an evaluation carried out by your organization after the implementation of the practice. Select "No" if you have not carried out an evaluation of the effects of any specific management practice.
(C-AC13.1a/
C-FB13.1a / C-PF13.1a) Provide details on those management practices that have other
impacts besides climate change mitigation/adaptation and on your management
response.
Question dependencies
This question only appears if you select "Yes" in response to C-AC13.1/ C-FB13.1/C-PF13.1.
Change from 2019
No change
Rationale
This question gathers data on impacts - other climate-related - of management practices implemented in your land. Organizations are encouraged to move towards a more holistic approach regarding their land management actions. This is important due to the complex interrelationships between climate change, deforestation, and water security issues. An understanding of the implications of your management practices on other environmental aspects demonstrates a mature environmental stewardship approach to investors and other data users.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Management practice reference number
|
Overall effect
|
Which of the following has been impacted?
|
Description of impact
|
Have you implemented any response(s) to these impacts?
|
Description of the response(s)
|
Select from:
- MP1
- MP2
- MP3
- MP4
- MP5
- MP6
- MP7
- MP8
- MP9
- MP10
- MP11
- MP12
- MP13
- MP14
- MP15
- MP16
- MP17
- MP18
- MP19
- MP20
|
Select all that apply:
- Positive
- Negative
- Neutral
- Mixed
|
Select all that apply:
- Biodiversity
- Soil
- Water
- Yield
- Other, please specify
|
Text field [maximum
2,400 characters]
|
Select from:
|
Text field [maximum
2,400 characters]
|
[Add Row]
Requested content
General
- Identify and explain any impacts that occurred because of any agricultural/forestry management practice implemented in your own land, as reported in C-AC4.4a/C-FB4.4a/C-PF4.4a. You should not report effects that are climate-related, as these are already captured earlier in your disclosure. Provide effects associated with other environmental issues, e.g. on biodiversity, soils, water.
Management practice reference number (column 1)
- When referring to a specific management practice or action, please make sure you select the same identifier for this management practice as in C-AC4.4a/C-FB4.4a/C-PF4.4a. For example, if you would like to disclose other effects of "agroforestry" which you already disclosed in terms of climate-related effects, you should select in this column the same identifier that refers to this practice in C-AC4.4a/C-FB4.4a/C-PF4.4a
Overall effect (column 2)
- This refers to the overall effect of your management practice on other environmental issues. Select all that apply.
Which of the following has been impacted? (column 3)
- Indicate which environmental issues have been affected by your management practice. Select all options that apply
- If none of the reasons are applicable to your organization, select "Other, please specify" and indicate the additional area(s) that have been impacted by your management practices.
Description of impact (column 4)
- Provide a brief description of the methods/tools used to assess the consequences of the implementation of your management practice on other environmental issues
- Provide details on each of these impacts/effects, including:
- their nature
- the parts of your business that have been affected.
Description of the response(s) (column 6)
- If applicable, describe your response to manage, mitigate, control, or adapt to these impacts/effects.
- If you selected "No" in column 5 "Have you implemented…?", explain why you have not implemented a response to these impacts.
Example response
Management practice reference
number | Overall effect | Which of the following has been impacted? | Description of impact | Have you implemented any response(s) to these impacts? | Description of the response(s) |
---|
MP1 | Positive | Soil; Yield | We adopted cover-cropping practices in 85% of our farms a year ago. It
has already had positive impacts in the soil quality, such as reduced soil
erosion, increased levels of soil organic matter, improved moisture retention. Also, the crop yield has increased by 15% compared to last year. | No | We have not implemented any response as we did
not identify any negative impacts caused by this management practice. |
(C-AC13.2/
C-FB13.2 / C-PF13.2) Do you know if any of the
management practices mentioned in C-AC12.2a/C-FB12.2a/C-PF12.2a that were implemented by your suppliers have other impacts
besides climate change mitigation/adaptation?
Question dependencies
This question only appears if you select "Yes" in response to C-AC12.2/C-FB12.2/C-PF12.2.
Change from 2019
No change
Rationale
Organizations are encouraged to adopt, as well as to promote among their suppliers, a holistic approach regarding land management actions. This is important due to the complex interrelationships between climate change, deforestation, and water security issues. Knowledge of the implications of management practices adopted across the whole value chain that impacts other environmental aspects demonstrates a mature environmental stewardship approach to investors and other data users.
Response options
Select one of the following options:
Requested content
General
- This question refers to any impacts, other than climate-related benefits, that may be occurring due to your implementation of agricultural/forestry management practices detailed in C-AC12.2a/C-FB12.2a/C-PF12.2a. For example, these impacts might refer to negative or positive effects on biodiversity, soil and water quality, or crop yield.
- You should select "Yes" if you have collected data on your supplier’s assessment of at least one management practice indicated in C-AC12.2a/C-FB12.2a/C-PF12.2a that have impacted environmental aspects beyond climate. You will be able to provide details on these effects in the following question.
- Note that the effects you report should be a result of an evaluation carried out by your supplier(s) after the implementation of the practice. Select "No" if your supplier(s) have not carried out an evaluation of the effects of any specific management practice.
(C-AC13.2a/ C-FB13.2a / C-PF13.2a) Provide
details of those management practices implemented by your suppliers that have
other impacts besides
climate change mitigation/adaptation.
Question dependencies
This question only appears if you select "Yes" in response to C-AC13.2/ C-FB13.2 / C-PF13.2.
Change from 2019
No change
Rationale
This question gathers data on impacts - other climate-related - of management practices implemented by your suppliers. Organizations are encouraged to move towards a more holistic approach regarding their land management actions. This is important due to the complex interrelationships between climate change, deforestation, and water security issues. An understanding of the implications of management practices on other environmental aspects demonstrates a mature environmental stewardship approach to investors and other data users.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Management practice reference number
|
Overall effect
|
Which of the following has been impacted?
|
Description of impacts
|
Have any response to these impacts been implemented?
|
Description of the response (s)
|
Select from:
- MP1
- MP2
- MP3
- MP4
- MP5
- MP6
- MP7
- MP8
- MP9
- MP10
- MP11
- MP12
- MP13
- MP14
- MP15
- MP16
- MP17
- MP18
- MP19
- MP20
|
Select all that apply:
- Positive
- Negative
- Neutral
- Mixed
|
Select all that apply:
- Biodiversity
- Soil
- Water
- Yield
- Other, please specify
|
Text field [maximum
2,400 characters]
|
Select from:
|
Text field [maximum
2,400 characters]
|
[Add Row]
Requested content
General
- Identify and explain any impacts that occurred because of any agricultural/forestry management practice implemented by your suppliers and encouraged by you, as reported in C-AC12.2a/C-FB12.2a/C-PF12.2a. You should not report effects that are climate-related as these are already captured earlier in your disclosure. Provide effects associated with other environmental issues, e.g. biodiversity, soils, water in this question.
Management practice reference number (column 1)
- When referring to a specific management practice or action, please make sure you select the same identifier for this management practice as in C-AC12.2a/C-FB12.2a/C-PF12.2a. For example, if you would like to disclose other effects of "agroforestry" which you already disclosed in terms of climate-related effects, you should select in this column the same identifier that refers to this practice in C-AC12.2a/C-FB12.2a/C-PF12.2a.
Overall effect (column 2)
- This refers to the overall effect of the management practice on other environmental issues. Select all options that apply.
Which of the following has been impacted? (column 3)
- Indicate which environmental issues have been affected by the management practice. Select all options that apply.
- If none of the reasons are applicable to your organization, select "Other, please specify" and indicate the additional issue that has been impacted by the implementation of your encouraged management practices.
Description of impacts (column 4)
- Specify the percentage of your total suppliers from which you collected data on the other effects of management practices encouraged by you.
- If known, provide a brief description of the methods/tools your suppliers used to assess the consequences of the implementation of the management practice on other environmental issues.
- Provide details on each of these impacts/effects, including:
- their nature
- the parts of your supply chain been affected.
Description of the response(s) (column 6)
- If applicable, describe your supplier’s response to manage, mitigate, control or adapt to these other impacts/effects.
- If you selected "No" in column 5 "‘Have any response…?", explain why your suppliers have not implement a response to these impacts.
C14 Portfolio Impact
Module Overview
This module provides the opportunity for disclosing the impacts your financial portfolio(s) have on the climate and enables respondents to break down Scope 3 emissions and/or other carbon footprinting and exposure metrics by asset class, industry and/or country/region.
This module also requests data on portfolio alignment to a well below 2-degree world.
Key changes
- New sector module in 2020.
- Click here for a list of all changes made this year.
C14 Module Dependencies
Module C14 only applies to organizations with activities in the Financial Services sector.
Portfolio Impact
(C-FS14.1) Do you conduct analysis to understand how your portfolio impacts the climate? (Scope 3 portfolio impact)
Question dependencies
Rows in this question will be presented according to the organizational activities reported in C-FS0.7. The “Other products and services, please specify” row will always appear.
Change from 2019
New question
Rationale
The majority of emissions associated with the financial services sector occur in the investment chain - within the financial products and services they provide and/or in their investments (financed emissions). Organizations in this sector may analyze their portfolios using specific metrics to understand how concentrations of climate-related risks and opportunities potentially impact their financing activities and the impact their financing activities have on the climate. Such metrics may include Scope 3 Category 15 “Investments” total absolute emissions defined in the GHG Protocol or other carbon footprinting and exposure metrics as outlined by the TCFD. This question informs investors and other data users about the extent to which you understand your portfolio’s climate-related impact.
- Note: There is no single, globally approved methodology for measuring portfolio impact that applies to all financial services sector companies and all financing activities. Thus, this question allows you to express your portfolio impact in several metrics, including, but not limited to Scope 3 GHG emissions accounting.
Connection to other frameworks
TCFD
Metrics & Targets recommended disclosure b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.
SDG
Goal 12: Responsible consumption and production
Goal 13: Climate action
2018 RobecoSAM Corporate Sustainability Assessment (DJSI)
Scope 3
Response options
Please complete the following table:
Portfolio |
We conduct analysis on our portfolio's impact on the climate.
|
Disclosure metric
|
Comment
|
Bank lending (Bank)
|
Select from:
- Yes
- No, but we plan to do so in the next two years
- No
- Not applicable
|
Select all that apply:
- Category 15
“Investments” total absolute emissions
- Alternative carbon
footprinting and/or exposure metrics (as defined by TCFD)
- Other, please specify
|
Text field [maximum 2,400 characters]
|
Investing (Asset manager)
|
|
|
|
Investing (Asset owner)
|
|
|
|
Insurance underwriting (Insurance company)
|
|
|
|
Other products and services, please specify
|
|
|
|
Requested content
General
- This question is seeking to understand whether you evaluate your organization’s Scope 3 portfolio impact or financed emissions (Category 15 “Investments” total absolute emissions or alternative metric). Portfolio impact can be expressed in a number of carbon footprinting and exposure metrics, as identified by the TCFD:
- Total carbon absolute emissions (GHG emissions accounting)
- Weighted average carbon intensity
- (Portfolio) carbon footprint
- Carbon intensity
- Exposure to carbon-related assets
We conduct analysis on our portfolio's impact on the climate
- Select “Yes” if you measure how your portfolio impacts the climate. In subsequent questions you can provide more details and disclose the portfolio emissions or alternative metrics, as listed above,
- Select “No” if you don’t measure how your portfolio impacts the climate and if you are not able to provide any of the emission or alternative metric figures.
Comment (optional)
- You may provide an accompanying narrative about your analysis.
- If you select "Other products and services, please specify" in column 1, specify what products/services these are.
Explanation of terms
- Portfolio: In the context of this questionnaire your portfolio is your entire collection of your core financing activities - loans, investments and insurance policies- that you offer. For bank lending, this is the entire collection of products and loans held on your balance sheet for which you own the receivable stream. For asset managers, this is the entire collection of your products and investments that you hold and/or manage on behalf of your clients. For asset owners, this is the entire collection of products, funds and investments owned and controlled by your company. For investment portfolios, asset managers should consider discretionary investments, those where the company has discretion over investment decision. For insurance underwriting, this is the entire collection of products and insurance policies you provide to your clients.
- Scope 3 portfolio impact: The primary types of metrics organizations in the financial sector can use to understand how their financing portfolio (bank lending, investing, insurance underwriting, other products and services) impacts the climate include GHG emissions accounting (GHG Protocol Scope 3 Category 15 “Investments”) and other carbon footprinting and/or exposure metrics as identified by the TCFD.
- Other products and services: Also referred to as other financial intermediary activities, this includes products and services that are not part of your core lending, investment and insurance underwriting activities. Some examples of such products and services may be financial guarantees, M&A, securities underwriting, bond issuance, etc.
(C-FS14.1a) What are your organization's Scope 3 portfolio emissions? (Category 15 "Investments" total emissions)
Question dependencies
This question only appears if you select "Yes" in column 2 of question C-FS14.1.
Change from 2019
New question
Rationale
GHG emissions accounting is one of the primary metrics organizations in the financial sector can use to understand how their portfolio impacts the climate. As part of portfolio impact, portfolio emissions disclosure will enable investors to better understand the concentrations of carbon-related assets in financial services sector organizations.
IMPORTANT NOTE:
This question asks you to disclose your Scope 3 Category 15 “Investments” total absolute emissions, previously asked in C6.5 Row 15. For organizations in the financial sector, Scope 3 Category 15 “Investments” total absolute emissions has been pulled out of question C6.5 as the majority of emissions occur in the investment chain, in relation to financial products and services and/or investments. Financed emissions, or Scope 3 Category 15 “Investments” total absolute emissions as defined by the GHG Protocol is the most relevant category to financial services organizations.
- In this question, organizations in the financial sector are only requested to disclose their Scope 3 Category 15 “Investments” total absolute emissions, Categories 1-14 and if applicable Categories 16 and 17 should be disclosed in C6.5.
Connection to other frameworks
TCFD
Metrics & Targets recommended disclosure b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.
SDG
Goal 12: Responsible consumption and production
Goal 13: Climate action
2018 RobecoSAM Corporate Sustainability Assessment (DJSI)
Scope 3
Response options
Please complete the following table:
Source of Scope 3 emissions
|
Evaluation status
|
Scope 3 portfolio emissions (metric tons CO2e)
|
Portfolio coverage
|
Percentage calculated using data obtained from clients/investees
|
Emissions calculation methodology
|
Please explain |
Category 15
|
Select from:
- Relevant, calculated
- Relevant, not yet calculated
- Not relevant, calculated
- Not relevant, explanation provided
- Not evaluated
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
|
Select from: - 0%
- More than 0% but less than or equal to 10%
- More than 10% but less than or equal to 20%
- More than 20% but less than or equal to 30%
- More than 30% but less than or equal to 40%
- More than 40% but less than or equal to 50%
- More than 50% but less than or equal to 60%
- More than 60% but less than or equal to 70%
- More than 70% but less than or equal to 80%
- More than 80% but less than or equal to 90%
- More than 90% but less than or equal to 100%
- Unknown
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Text field [maximum 5,000 characters]
|
Text field [maximum 2,400 characters]
|
Requested content
Source of Scope 3 emissions (column 1)
- The categories of Scope 3 emissions have been taken from the Greenhouse Gas Protocol’s Corporate Value Chain (Scope 3) Accounting and Reporting Standard, published in September 2011. Companies should refer to the standard for information on the sources that each category comprises and additional information on how to calculate these emissions.
- In this question organizations in the financial sector are only requested to disclose their Scope 3 Category 15 “Investments” emissions, Categories 1-14 and if applicable Categories 16 and 17 should be disclosed in C6.5.
Evaluation status (column 2)
- The evaluation status includes two components: whether a Scope 3 source is relevant to your business and whether you have calculated the emission in that category. Relevance should be determined with reference to the GHG Protocol Scope 3 standard – see Additional Information for the Scope 3 relevance criteria. Select from:
- Relevant, calculated. Select this option if Category 15 “Investments" is relevant to your business and you have calculated emissions from at least part of this source.
- Relevant, not yet calculated. Select this option if you are aware that Category 15 “Investments” is relevant to your business, but you have not yet calculated the emissions associated with it.
- Not relevant, calculated. Select this option if you know that Category 15 “Investments” is not one of the most important for your business but as part of your Scope 3 work, you have been able to calculate the emissions associated with it.
- Not relevant, explanation provided. Select this option if you have investigated Category 15 “Investments” of Scope 3 emissions and have determined that it is not relevant. This could be based on quantitative or qualitative investigations.
- Not evaluated. Select this option if you have not yet investigated Category 15 “Investments" and therefore do not know whether or not it is relevant for your business.
Metric tons CO2e (column 3)
- Enter the emissions in metric tons CO2e, entering numbers only up to 99,999,999,999 without commas and up to two decimal places. Negative numbers are not allowed as reporting needs to be gross, not net figures. Emission figures should be for the reporting year only. Entering 0 implies that you have measured and calculated emissions from this source and they are equal to zero.
Portfolio coverage (column 4)
- Enter the percentage of your total portfolio that has been measured based on the portfolio value. Coverage by portfolio value can be based on either total or outstanding commitments, premiums, committed capital, and/or other. Please define this in the column “Please explain”.
Percentage of emissions calculated using data obtained from clients/investees (column 5)
- This column is optional.
- Such data obtained from value chain partners (clients or investees) may take the form of primary activity data or emissions data calculated by value chain partners. More information on this can be found in Chapter 7, Collecting Data, of the GHG Protocol’s Corporate Value Chain (Scope 3) Accounting and Reporting Standard.
Emissions calculation methodology (column 6)
- Your response should include a short description of the types and sources of data used to calculate emissions (e.g. activity data, emission factors or GWP values), and a short description of the methodologies, assumptions and allocation methods used to calculate emissions.
- There are a number of methodologies organizations in the financial sector can use to calculate their Scope 3 Category 15 “Investments” GHG emissions. Some resources that may help you calculate your Category 15 emissions include, but are not limited to:
- GHG protocol: Financed emissions are included in Category 15 of Scope 3 emissions in the GHG protocol. Coverage is largely limited to debt with known use of proceeds (namely project finance and similar loans) and significant equity investments. Optional reporting can be made for generic debt instruments and small equity investments.
- The Platform Carbon Accounting Financials (PCAF) framework
Please explain (column 7)
- Complete this column if you selected “Not relevant, explanation provided” in the “Evaluation status” column. You should provide details of how you have reached the conclusion that the source is not relevant and include any qualitative or quantitative reasoning.
- Organizations should say which portfolios are considered (lending, investment, or other products and services, please specify) and explain how the metric is used. For example, the metrics may have been used to inform internal investment decisions or to monitor existing investments.
- Explain how the coverage has been determined and whether you consider it to be substantive to your organization.
- If you wish to provide any additional context to your calculation, including any exclusions within Category 15 “Investments”, or to explain why emissions have decreased or increased, you can also do that in this column.
Explanation of terms
- Scope 3 Category 15 "Investments" total emissions: According to the GHG Protocol, this category includes Scope 3 emissions associated with the reporting company’s investments in the reporting year, not already included in Scope 1 or Scope 2. Category 15 is designed primarily for private financial institutions and other entities with investments not included in Scope 1 and Scope 2. This category is applicable to investors (i.e. companies that make an investment with the objective of making a profit) and companies that provide financial services. Category 15 “Investments" is the “Total carbon emissions” metric in the TCFD Common Carbon Footprinting and Exposure Metrics list defined as the absolute greenhouse gas emissions associated with a portfolio, expressed in metric tons CO2e.
Additional information
- Scope 3 screening tool: To help facilitate the adoption of the Scope 3 Standard and assist companies in determining the relevance of Scope 3 emissions sources, the GHG Protocol, in collaboration with Quantis, have released a free Scope 3 screening tool. This tool asks a number of relatively simple questions to approximate your Scope 3 inventory, and can be used by companies of all sizes and all sectors. Please note that this tool is not a data collection tool and should only be used to make a first approximation of your Scope 3 emissions. Having used the tool to help determine the relevance of Scope 3 categories, companies should then develop more accurate approaches for categories shown to be a relevant source of emissions.
(C-FS14.1b) What is your organization's Scope 3 portfolio impact? (Category 15 "Investments" alternative carbon footprinting and/or exposure metrics)
Question dependencies
This question only appears if you select “Yes” in column 2 and “Alternative carbon footprinting and/or exposure metrics” or “Other, please specify” in column 3 in question C-FS14.1.
Change from 2019
New question
Rationale
In addition to disclosing a Scope 3 category 15 absolute emissions figure in C-FS14.1a, disclose any other common carbon footprinting and/or exposure metrics you may have calculated for your portfolio.
- This question acknowledges that currently there is no single, globally approved methodology for measuring portfolio impact that applies to all financial services sector companies and all financing activities. Thus, this question allows you to express your portfolio impact in several metrics, including, but not limited to Scope 3 GHG emissions accounting.
Connection to other frameworks
TCFD
Metrics & Targets recommended disclosure b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.
Response options
Please complete the following table. You are able to add rows by using the "Add Row" button at the bottom of the table.
Metric type
|
Metric unit
|
Scope 3 portfolio metric
|
Portfolio coverage
|
Percentage calculated using data obtained from clients/investees
|
Calculation methodology
|
Please explain |
Select from:
- Weighted average carbon intensity
- (Portfolio) carbon footprint
- Carbon intensity
- Exposure to carbon-related assets
- Other, please specify
|
Select from:
- CO2e/$M revenue
- CO2e/$M invested
- $M portfolio value
- Percentage portfolio value
- Other, please specify
|
Numeric field [enter a range of 0-999,999,999 using a maximum of 2 decimal places and no commas]
|
Select from:
- 0%
- More than 0% but less than or equal to 10%
- More than 10% but less than or equal to 20%
- More than 20% but less than or equal to 30%
- More than 30% but less than or equal to 40%
- More than 40% but less than or equal to 50%
- More than 50% but less than or equal to 60%
- More than 60% but less than or equal to 70%
- More than 70% but less than or equal to 80%
- More than 80% but less than or equal to 90%
- More than 90% but less than or equal to 100%
- Unknown
|
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
|
Text field [maximum of 5,000 characters]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
FS companies are welcome to use any metric. To make the information useful for investors, organizations should disclose their choice of metric(s), explain their approach and outline the calculation methodology and proportion of portfolio coverage.
Metric types (column 1)
Metric unit (column 2)
- Select the metric unit you use to disclose your portfolio impact. Consider units such as CO2e/$M revenue, CO2e/$M invested, $M or other.
Scope 3 portfolio metric (column 3)
- Disclose the quantity of portfolio impact denominated in the metric unit you selected in column 2.
Portfolio coverage (column 4)
- Select the percentage of your total portfolio assessed based on the portfolio value. Coverage by portfolio value can be based on either total or outstanding commitments, premiums, committed capital and/or other. Please define this in column “Please explain”.
Percentage of emissions calculated using data obtained from clients/investees (column 5)
- This column is optional.
- Such data obtained from value chain partners (clients or investees) may take the form of primary activity data or emissions data calculated by value chain partners. More information on this can be found in Chapter 7, Collecting Data, of the GHG Protocol’s Corporate Value Chain (Scope 3) Accounting and Reporting Standard.
Calculation methodology (column 6)
- Your response should include a short description of the types and sources of data used to calculate emissions (e.g. activity data, emission factors or GWP values), and a short description of the methodologies, assumptions and allocation methods used to calculate emissions.
- For details on methodologies to calculate carbon footprinting and exposure metrics please consult TCFD’s Supplemental Guidance for the Financial Sector.
Please explain (column 7)
- Organizations should say which portfolios are considered (lending, investment, or other products and services, please specify), explain why the metric was chosen and how the metric is used. For example, the metrics may have been used to inform internal investment decisions or to monitor existing investments.
- If you wish to provide any additional context to your calculation, including any exclusions within your portfolio, you can also do that in this column.
Explanation of terms
- Scope 3 Category 15 “Investments” alternative carbon footprinting and/or exposure metrics: The primary types of metrics organizations in the financial sector can use to understand how their financial portfolio impacts the climate, as identified by the TCFD, excluding total absolute emissions (requested in C-FS14.1a).
- Carbon intensity: Volume of carbon emissions per million dollars of revenue (carbon efficiency of a portfolio), expressed in tons CO2e/$M revenue.
- Weighted average carbon intensity: Portfolio’s exposure to carbon-intensive companies, expressed in tons CO2e/$M revenue. This is the metric recommended by the TCFD.
- (Portfolio) carbon footprint: Total carbon emissions for a portfolio normalized by the market value of the portfolio, expressed in tons CO2e/$M invested.
- Exposure to carbon-related assets: The amount or percentage of carbon-related assets in the portfolio expressed in $M or percentage of the current portfolio value.
- Carbon-related assets: the TCFD suggest defining carbon-related assets as those assets tied to the energy and utilities sectors under the Global Industry Classification Standard (GICS), excluding water utilities and independent power and renewable electricity producer industries.
(C-FS14.1c) Why do you not conduct analysis to understand how your portfolio impacts the climate? (Scope 3 Category 15 "Investments" emissions or alternative carbon footprinting and/or exposure metrics)
Question dependencies
This question only appears if you select "No, but we plan to do so in the next two years" or "No" in column 2 in question C-FS14.1.
Change from 2019
New question
Rationale
For organizations in the financial sector the majority of emissions occur in the investment chain, in relation to the financial products and services they provide and/or in their investments (financed emissions). Furthermore, financial sector organizations’ exposure to climate-related risks and opportunities are determined by their portfolio, that is by their financing activities. Therefore, investors and data users want to understand the concentrations of carbon-related assets in financial services sector companies. Without conducting analysis to understand how financial portfolios impact the climate, organizations may not be able to identify their exposure to climate-related risks. Thus, they may be unprepared for future uncertainties and liabilities related to climate change.
Connection to other frameworks
TCFD
Metrics & Targets recommended disclosure b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
Ensure your explanation is company-specific and provides details as to why you do not conduct analysis to understand how your portfolio impacts the climate. You may also include details on whether you are exploring ways to calculate your portfolio impact in the future and what metrics you are looking at using.
Portfolio Impact breakdown
(C-FS14.2) Are you able to provide a breakdown of your organization's Scope 3 portfolio impact?
Question dependencies
This question only appears if you select "Yes" in C-FS14.1.
Change from 2019
New question
Rationale
By breaking down emissions and other
carbon footprinting and/or exposure metrics by asset class, industry and
country/regional level, information and data can be made available to investors
and other stakeholders to help guide the development of portfolio footprinting
methodologies, global decarbonization efforts and regional legislation.
Response options
Please complete the following table
Scope 3 breakdown
|
Comment
|
Select all that apply:
- Yes, by asset class
- Yes, by industry
- Yes, by country/region
- None of the above, but we plan to do this in the next 2 years
- None of the above and we don't plan to do this
|
Text field [maximum 2,400 characters]
|
Requested content
General
- You should identify breakdowns that are relevant to your organization.
- You are welcome to select one or more breakdowns.
- If you selected “None of the above, but we plan to do this in the next 2 years” comment on why you don’t do this yet, how you plan to do this and what actions you are currently taking to achieve this.
- If you selected “None of the above and we don’t plan to do this”, comment on why you don’t do this and why you don’t plan on doing so in the future.
By asset class
- This breakdown can give an indication of the relative GHG emissions performance and/or exposure to climate-related risks of your company’s assets. When reported over time, your organization and investors will be able to review improvements or declines in asset performance with considerations for your portfolio’s impact on the climate. This breakdown can be used alongside the financial performance of a company’s assets to understand the financial exposure and illustrate the scale of contributions to climate change. To facilitate this process, it is recommended that companies match the asset classes reported here with those found in company filings and financial statements if such a calculation methodology exists.
By industry
- Disclosing industry-level information about a portfolio’s emissions and/or exposure is key to identify concentrations of carbon-related assets in the financial sector and the financial system’s exposure to climate-related risks.
- Reporting at this level can provide a useful indicator for making comparisons between your financial activities in different industries. In some cases, particular industries may come within the scope of particular legislation, therefore, providing industry-level emissions and/or exposure figures may give data users insight into your organization’s current/potential exposure to regulation in this industry.
By country/region
- Reporting at this level can provide a useful indicator for making comparisons between your financial activities in different countries and regions. In some cases, particular countries/regions may fall within the scope of particular legislation, therefore, providing country/region-level emissions and/or exposure figures may give data users insight into your organization’s current/potential exposure to regulation in this country/region
Explanation of terms
- Scope 3 portfolio impact: The primary types of metrics organizations in the financial sector can use to understand how their financing portfolio (bank lending, investing, insurance underwriting, other products and services) impacts the climate include GHG emissions accounting (GHG Protocol Scope 3 Category 15 “Investments”) and other carbon footprinting and/or exposure metrics as identified by the TCFD.
(C-FS14.2a) Break down your organization's Scope 3 portfolio impact by asset class.
Question dependencies
- This question only appears if you select “Yes, by asset class” in C-FS14.2.
- The drop-down list in column 2 is determined by your response in column 1 in question C-FS14.1b. The option “Total carbon absolute emissions (CO2e)” always appears.
Change from 2019
New question
Rationale
Most existing methodologies to quantify Scope 3 portfolio impact are determined and calculated on an asset class level. Breaking down emissions and other carbon footprinting and/or exposure metrics by asset class grants data users and investors transparency into the sources of a company’s Scope 3 Category 15 “Investments” emissions, and exposure to carbon-related assets or climate-related risks. It also allows for tracking the performance of asset classes over time. Because methodologies are more robust for some asset classes than others, providing this level of data will enable data users to identify gaps in the methodologies and lead to the expansion of coverage.
Response options
Please complete the following table. You are able to add rows by using the "Add Row" button at the bottom of the table.
Asset class
|
Metric type
|
Metric unit
|
Scope 3 portfolio emissions or alternative metric
|
Please explain
|
Select from:
- Commercial real estate
- Corporate debt
- Corporate/SME loans
- Fixed income
- Listed equity
- Mortgages
- Public loans
- Private equity
- Project finance
- Sovereign bonds
- Other, please specify
|
Select from:
- Total carbon absolute emissions (CO2e)
- [Drop-down options created from your response to C-FS14.1b]
|
Select from:
- Metric tons CO2e
- CO2e/$M revenue
- CO2e/$M invested
- $M portfolio value
- Percentage portfolio value
- Other, please specify
|
Numerical field [enter a range of 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Break down the metric reported in C-FS14.1a and/or C-FS14.1b by asset class.
Asset class (column 1)
- Select from the drop-down list the asset classes that you are able to disclose a figure for. If there are other asset classes for which you are able to disclose a figure for but are not listed in the drop-down list, select “Other, please specify” and disclose the asset class.
Metric type (column 2)
- Select from drop-down list based on your response to C-FS14.1a and C-FS14.1b.
Metric unit (column 3)
- Select the metric unit you use to disclose your portfolio impact.
- This should mirror the metric units disclosed in C-FS14.1a and/or C-SF14.1b for the given metric type.
Scope 3 portfolio emissions or alternative metric (column 4)
- Disclose your quantitative portfolio impact in the metric unit you selected in column 2.
Please explain (column 5)
- Explain your calculation methodology for each asset class selected.
- Comment on the robustness and completeness of the calculation as well as coverage of your calculation for each asset class selected in relation to your total portfolio value. Coverage by portfolio value can be based on either total or outstanding commitments, premiums, committed capital and/or other.
(C-FS14.2b) Break down your organization's Scope 3 portfolio impact by industry.
Question dependencies
- This question only appears if you select “Yes, by industry” in C-FS14.2.
- The drop-down list in column 2 is determined by your response in column 1 in question C-FS14.1b. The option “Total carbon absolute emissions (CO2e)” always appears.
Change from 2019
New question
Rationale
As sectoral decarbonization is at the centre of some carbon footprinting methodologies, breaking down emissions, other carbon footprinting and/or exposure metrics on an industry level allows financial services sector companies to track their portfolio’s performance with regards to global climate goals. Breaking down emissions, other carbon footprinting and/or exposure metrics on an industry level grants data users and investors transparency into the sources of a company’s Scope 3 Category 15 “Investments” emissions and exposure to carbon-related assets or climate-related risks. It also allows for tracking the performance of sectors over time.
Response options
Please complete the following table. You are able to add rows by using the "Add Row" button at the bottom of the table.
Industry
|
Metric type
|
Metric unit
|
Scope 3 portfolio emissions or alternative metric
|
Please explain
|
Select from:
- Energy
- Materials
- Capital Goods
- Commercial & Professional Services
- Transportation
- Automobiles & Components
- Consumer Durables & Apparel
- Consumer Services
- Retailing
- Food & Staples Retailing
- Food, Beverage & Tobacco
- Household & Personal Products
- Health Care Equipment & Services
- Pharmaceuticals, Biotechnology & Life Sciences
- Banks
- Diversified Financials
- Insurance
- Software & Services
- Technology Hardware & Equipment
- Semiconductors & Semiconductor Equipment
- Telecommunication Services
- Media & Entertainment
- Utilities
- Real Estate
- Other, please specify
|
Select from:
- Total carbon absolute emissions (CO2e)
- [Drop-down options created from your response to C-FS14.1b]
|
Select from:
- Metric tons CO2e
- CO2e/$M revenue
- CO2e/$M invested
- $M portfolio value
- Percentage portfolio value
- Other, please specify
|
Numerical field [enter a range of 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Break down the metric reported in C-FS14.1a and/or C-FS14.1b by industry.
Industry (column 1)
- Select from the drop-down list of industries that you are able to disclose a figure for. If there are other industries for which you are able to disclose a figure for but are not listed in the drop-down list, select “Other, please specify” and disclose is the industry.
Metric type (column 2)
- Select from drop-down list based on your response to C-FS14.1a and C-FS14.1b.
Metric unit (column 3)
- Select the metric unit you use to disclose your portfolio impact.
- This should mirror the metric units disclosed in C-FS14.1a and/or C-SF14.1b for the given metric type.
Scope 3 portfolio emissions or alternative metric (column 4)
- Disclose your quantitative portfolio impact in the metric unit you selected in column 2.
Please explain (column 5)
- Explain your calculation methodology for each industry selected.
- Comment on the robustness and completeness of the calculation. This should also include the coverage of your calculation for each industry selected in relation to your total portfolio value. Coverage by portfolio value can be based on either total or outstanding commitments, premiums, committed capital and/or other.
(C-FS14.2c) Break down your organization's Scope 3 portfolio impact by country/region.
Question dependencies
- This question only appears if you select “Yes, by country/region” in C-FS14.2.
- The drop-down list in column 2 is determined by your response in column 1 in question C-FS14.1b. The option “Total carbon absolute emissions (CO2e)” always appears.
Change from 2019
New question
Rationale
By breaking down emissions and
other carbon footprinting and/or exposure metrics to the country/regional
level, information and data can be made available to regions, states and
sub-national bodies to help guide the development of emissions and/or
exposure-related legislation.
Response options
Please complete the following table. You are able to add rows by using the "Add Row" button at the bottom of the table.
Country/Region
|
Metric type
|
Metric unit
|
Scope 3 portfolio emissions or alternative metric
|
Please explain
|
Select from:
- Select from a drop-down list of countries and regions. Please see the Technical Note "Country and Regions", for details around the available regions and their constituent countries.
- Other, please specify
|
Select from:
- Total carbon absolute emissions (CO2e)
- [Drop-down options created from your response to C-FS14.1b]
|
Select from:
- Metric tons CO2e
- CO2e/$M revenue
- CO2e/$M invested
- $M portfolio value
- Percentage portfolio value
- Other, please specify
|
Numerical field [enter a range of 0-999,999,999,999 using a maximum of 2 decimal places and no commas]
|
Text field [maximum 2,400 characters]
|
[Add Row]
Requested content
Break down the metric reported in C-FS14.1a and/or C-FS14.1b by country/region.
Country/region (column 1)
- Select from the drop-down list of countries/regions that you are able to disclose a figure for. If there are other countries/regions for which you are able to disclose a figure for but is not listed in the drop-down list, select “Other, please specify” and disclose is the country/region.
Metric type (column 2)
- Select from drop-down list based on your response to C-FS14.1a and C-FS14.1b.
Metric unit (column 3)
- Select the metric unit you use to disclose your portfolio impact.
- This should mirror the metric units disclosed in C-FS14.1a and/or C-SF14.1b for the given metric type.
Scope 3 portfolio emissions or alternative metric (column 4)
- Disclose your quantitative portfolio impact denominated in the metric unit you selected in column 2.
Please explain (column 5)
- Explain your calculation methodology for each country/region selected.
- Comment on the robustness and completeness of the calculation. This should also include the coverage of your calculation for each country/region selected in relation to your total portfolio value. Coverage by portfolio value can be based on either total or outstanding commitments, premiums, committed capital and/or other.
Portfolio alignment
(C-FS14.3) Are you taking actions to align your portfolio to a well below 2-degree world?
Question dependencies
Rows in this question will be presented according to the organizational activities reported in C-FS0.7. The “Other products and services, please specify” row will always appear.
Change from 2019
New question
Rationale
Organizations in the financial
sector are encouraged to align their financial portfolios with real economy
emissions reductions required to achieve the 2015 Paris Agreement. Steering
financial portfolios in line with the goals of the Paris Agreement to keep
global warming to well below 2 degrees, and with the ambition to strive for 1.5
degrees, will make financial flows consistent with a pathway towards low
greenhouse gas emissions and climate-resilient development. Since financial
services sector organizations are at the core of enabling economic activities,
their commitments and targets have a trickle-down effect on the real economy.
Response options
Please complete the following table:
Portfolio
|
We are taking actions to align our portfolio to a well below 2-degree world
|
Please explain
|
Bank lending (Bank)
|
Select from:
- Yes
- No, but we plan to do so in the next two years
- No
- Not applicable
|
Text field [maximum 2,400 characters]
|
Investing (Asset manager)
|
|
|
Investing (Asset owner)
|
|
|
Insurance underwriting (Insurance company)
|
|
|
Other products and services, please specify
|
|
|
Requested content
Please explain:
- If you selected “Yes” in column 2, explain what actions you are taking to align your portfolio to a well below 2-degree world.
- If you select "Yes" for "Other products and services, please specify" in, specify what products/services these are.
- If you selected “No, but we plan to do so in the next two years”, explain why you are not taking actions to align your portfolio to a well below 2-degree world and what your plans are for the next two years.
- If you selected “No” in column 2, explain why you are not taking actions to align your portfolio to a well below 2-degree world.
Explanation of terms
- Well below 2-degree world: The 2015 Paris Agreement calls for limiting global temperature rise to well below 2 degrees Celsius above the pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.
(C-FS14.3a) Do you assess if your clients/investees' business strategies are aligned to a well below 2-degree world?
Question dependencies
- This question only appears if you select “Yes” in C-FS14.3.
- Rows will appear for each portfolio that you selected 'Yes' for in C-S14.3.
Change from 2019
New question
Rationale
Aligning financial portfolios
with a well below 2-degree world is a critical step, however it does not
necessarily equate to reducing emissions in the real economy. Organizations in
the financial sector are encouraged to assess whether their clients/investees’
business strategies are aligned to a well below 2-degree world in order to
drive change and decarbonize the real economy.
Response options
Please complete the following table.
Portfolio that clients/investees belong to
|
We assess alignment
|
Please explain
|
Bank lending (Bank)
|
Select from:
- Yes, for all
- Yes, for some
- No, but we plan to do so in the next two years
- No
- Not applicable
|
Text field [maximum 2,400 characters]
|
Investing (Asset manager)
|
|
|
Investing (Asset owner)
|
|
|
Insurance underwriting (Insurance company)
|
|
|
Other products and services, please specify
|
|
|
Requested content
General:
- For the purpose of this question focus on your commercial/corporate/SME clients (commercial/corporate lending).
- Since the
adoption of the Paris Agreement, organizations in the financial sector have
taken commitments to align their activities with the global climate goals of
limiting global temperature rise to well below 2-degrees Celsius. The aim of aligning
financial portfolios to global climate goals is to contribute to the financing
of alignment in the real economy – contributing to emissions reductions, climate
change mitigation and adaptation measures. Assessing clients/investees’ alignment
ensures that portfolio-alignment is forward-looking and consistent across the
value chain.
Please explain:
- If you selected “Yes, for all" or "Yes, for some" in column 2, explain what type of clients/investees you assess, how you assess alignment and how you use this information.
- If you selected “Yes, for all” or "Yes, for some" for "Other products and services, please specify", specify what products/services these are.
- If you selected “No, but we plan to do so in the next two years”, explain why you don’t assess clients/investees business strategies and what your plans are for the next two years.
- If you selected “No” in column 2, explain why you don’t assess alignment.
(C-FS14.3b) Do you encourage your clients/investees to set a science-based target?
Question dependencies
- This question only appears if you select “Yes” in C-FS14.3.
- Rows will appear for each portfolio that you selected 'Yes' for in C-FS14.3.
Change from 2019
New question
Rationale
Organizations in the financial
sector are in a unique position to encourage their clients and/or investee companies
to align their business strategies with global climate-benchmarks and support
the well below 2 degrees global warming goal. Setting science-based targets shifts
the focus of a business towards the development of innovative solutions and new
opportunities. Financial sector organizations that encourage their clients/investees
to set science-based targets are actively taking action to align their own portfolios
to a well below 2-degree world.
Response options
Please complete the following table.
Portfolio that clients/investees belong to
|
We encourage clients/investees to set a science-based target
|
Please explain
|
Bank lending (Bank)
|
Select from:
- Yes, for all
- Yes, for some
- No, but we plan to do so in the next two years
- No
- Not applicable
|
Text field [maximum 2,400 characters]
|
Investing (Asset manager)
|
|
|
Investing (Asset owner)
|
|
|
Insurance underwriting (Insurance company)
|
|
|
Other products and services, please specify
|
|
|
Requested content
Please explain:
- If you selected “Yes” in column 2, explain what type of clients/investees you encourage, what sectors they operate in and what actions you take to encourage them to set a science-based target.
- If you selected “Yes, for all” or "Yes, for some" for "Other products and services, please specify", specify what products/services these are.
- If you selected “No, but we plan to do so in the next two years”, explain why you don’t encourage your clients/investees to set a science-based targets and what your plans are for the next two years.
- If you selected “No” in column 2, explain why you don’t encourage your clients/investees to set a science-based target.
Explanation of terms
- Science-based targets: Pioneered by the Science Based Targets initiative, these are targets adopted by companies to reduce greenhouse gas emissions are considered science-based if they are in line with what the latest climate science says is necessary to meet the goals of the Paris Agreement, to limit global warming to well below 2 degrees above pre-industrial levels and pursue efforts to limit warming to 1.5 degrees. Science-based targets provide companies with transparent and credible foundations for their corporate climate action plans.
C15 Signoff
Pathway diagram - questions
This diagram shows the general questions contained in module C15. To access question-level guidance, use the menu on the left to navigate to the question.
Further information
(C-FI) Use this field to provide any additional information or context that you feel is relevant to your organization's response. Please note that this field is optional and is not scored.
Change from 2019
No change
Response options
This is an open text question with a limit of 9,999 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Signoff
(C15.1) Provide details for the person that has signed off (approved) your CDP climate change response.
Change from 2019
No change (2019 C14.1)
Rationale
CDP asks companies to identify the job title and corresponding job category of the person signing off (approving) the CDP response. This information signals to investors where in the corporate structure direct responsibility is being taken for the response and the information contained therein.
Response options
Please complete the following table:
Job title
|
Corresponding job category
|
Text field [maximum 200 characters]
|
Select from:
- Board chair
- Board/Executive board
- Director on board
- Chief Executive Officer (CEO)
- Chief Financial Officer (CFO)
- Chief Operating Officer (COO)
- Chief Procurement Officer (CPO)
- Chief Risk Officer (CRO)
- Chief Sustainability Officer (CSO)
- Other C-Suite Officer
- President
- Business unit manager
- Energy manager
- Environmental, health and safety manager
- Environment/Sustainability manager
- Facilities manager
- Process operation manager
- Procurement manager
- Public affairs manager
- Risk manager
- Other, please specify
|
Requested content
General
Job title (column 1)
- Enter the title of the person who has signed off on this CDP response.
- If you select “Other, please specify”, provide a label for the corresponding job category.
- Note that this question asks about the position and not about the name of the individual holding this position. Do not include names or any other personal data in your response.
Explanation of terms
- Board: Or "Board of Directors" refers to a body of elected or appointed members who jointly oversee the activities of a company or organization. Some countries use a two-tiered system where "board" refers to the "supervisory board" while "key executives" refers to the "management board".
SC Supply chain
Module Overview
The SC module is for companies responding to the CDP climate change questionnaire at the request of one or more customers, who are members of CDP’s supply chain program. This module has been developed following consultation with both suppliers and the member companies that are their customers. It provides further context to buyers regarding the procedures adopted and/or actions taken by their suppliers.
Organizations benefit from disclosing by increasing transparency and engaging with their buyers to further develop their sustainability. The information disclosed here builds on information that CDP supply chain members are particularly interested in elsewhere in the climate change questionnaire.
Emissions located in the supply chain are around four times as high as those from direct operations. To meet the goals of the Paris Agreement, action at every level of the supply chain is needed.
Please note that your response to the SC module is not scored.
Key changes
- Modified questions: SC3.1b and SC3.2a – the list of emissions reduction activities has been revised.
- Click here for a list of all changes made this year.
Pathway diagram - questions
This diagram shows the supply chain questions contained in module SC. To access question-level guidance, use the menu on the left to navigate to the question.
Pathway diagram - questions for minimum version questionnaire
This diagram shows the supply chain questions contained in module SC that are included in the minimum version of the questionnaire. To access question-level guidance, use the menu on the left to navigate to the question.
Supply chain introduction
(SC0.0) If you would like to do so, please provide a separate introduction to this module.
Change from 2019
No change
Rationale
This information gives your organization the opportunity to detail information that may be more relevant to the requesting customer(s).
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Enter your answer in the text box provided in the ORS.
(SC0.1) What is your company’s annual revenue for the stated reporting period?
Change from 2019
No change
Rationale
Annual revenue for the reporting period provides contextual information for requesting Supply Chain members.
Response options
Please complete the following table:
Annual revenue
|
Numerical field [enter a number from 0-999,999,999,999,999 using a maximum of 2 decimal places]
|
Requested content
General
- Enter a numerical value for the revenue, this should be consistent with the reporting period disclosed in C0.2.
- This figure should be in the same currency that you selected for all financial information disclosed in question C0.4.
- Enter the figure for "revenue" as would be declared in your financial statement (sometimes referred to a "turnover" or "sales"). Under the International Financial Reporting Standard this would be the inflow of income arising in the course of an entity’s ordinary activities, with deductions made (such as for sales returns, allowances and discounts). This figure is commonly used by investors to assess the income-generating ability of a business.
Explanations of Terms
Revenue: Income arising in the course of an entity’s ordinary activities (less returns, allowances and discounts) - before deducting costs for the goods/services sold and operating expenses to arrive at profit (based on the International Financial Reporting Standard)
(SC0.2) Do you have an ISIN for your company that you would be willing to share with CDP?
Change from 2019
No change
Rationale
If available, responding companies should disclose their ISIN. ISIN codes are used globally in the identification of securities such as bonds, futures, and stocks. This will increase transparency of your response.
Response options
Select one of the following options:
Requested content
General
- Select ‘Yes’ if you have been issued an ISIN code for a security by a National Numbering Agency (NNA).
Explanation of terms
- ISIN: The International Securities Identification Number is a 12-character alphanumeric code used to identify a security, such as a stock or bond. It is structured with the first two digits referencing the country of origin for the security. The second grouping consists of nine characters and is the unique identifying code for the security, in the U.S. and Canada this is known as the CUSIP number. The final digit is the check digit, which ensures the authenticity of the code. (Adapted from www.isin.org)
(SC0.2a) Please use the table below to share your ISIN.
Question dependencies
This question only appears if you select “Yes” in response to SC0.2.
Change from 2019
No change
Rationale
Responding companies should disclose their ISIN. ISIN codes are used globally in the identification of securities such as bonds, futures, and stocks. This will increase transparency of your response.
Response options
Please complete the following table:
ISIN country code (2 letters) |
ISIN numeric identifier and single check digit (10 numbers overall) |
Text field [maximum 2 characters]
|
Text field [maximum 10 characters using no decimal places]
|
Requested content
General
- You can disclose your ISIN code within this table.
ISIN country code (column 1)
- Input the two-letter code as issued in accordance with ISO 3166 based on the country of origin of the issuer of the security.
ISIN numeric identifier and single check digit (column 2)
- It is possible to disclose the nine characters made up of digits and letters that are the identifier code or (CUSIP code in U.S. & Canada), plus the check digit which ensures the authenticity of the code.
Allocating your emissions to your customers
(SC1.1) Allocate your emissions to your customers listed below according to the goods or services you have sold them in this reporting period.
Change from 2019
No change
Rationale
This information provides clarity to Supply Chain members on the emissions associated with goods and products sold to them over the reporting period. This supports transparency in emissions allocations, verification of these emissions allocations and methodologies used.
Connection to other frameworks
SDG
Goal 12: Responsible consumption and production
Response options
Please note that this table (for SC1.1) is designed so that
only the customer that you select in column 1 (“Requesting member”) will be
able to see the data relevant to them. If you enter an answer without selecting
a requesting member, your answer will not be viewable at all.
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the "Add Row" button at the bottom of the table.
Requesting member
|
Scope of emissions
|
Allocation level
|
Allocation level detail
|
Emissions in metric tons of CO2e
|
Uncertainty (± %)
|
Select from:
[Drop-down menu of requesting members]
|
Select from:
|
Select from:
- Company wide
- Business unit (subsidiary company)
- Facility
- Commodity
|
Text field [maximum 500 characters]
|
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 4 decimal places]
|
Percentage field [enter a percentage from 0-999,999 using a maximum of 4 decimal places]
|
Major sources of emissions | Verified*
| Allocation method | Please explain how you have identified the GHG source, including major limitations to this process and assumptions made |
---|
Text field [maximum 2,500 characters]
| Select from:
| Select from drop-down options below
| Text field [maximum 5,000 characters]
|
[Add Row]
*Has the allocation of emissions to your customers been externally verified?
Description of allocation method drop-down options (column 7)
Select one of the following options:
- Allocation not necessary due to type of primary data available
- Allocation not necessary as secondary data used
- Allocation based on mass of products purchased
- Allocation based on the volume of products purchased
- Allocation based on the energy content of products purchased
- Allocation based on the chemical content of products purchased
|
- Allocation based on the number of units purchased
- Allocation based on area
- Allocation based on another physical factor
- Allocation based on the market value of products purchased
- Other, please specify
|
Requested content
General
- This table is designed so that only the customer that you select in column 1 ("Requesting member") will be able to see the data relevant to them.
- If you enter an answer without selecting a requesting member, your answer will not be viewable at all.
- Additional relevant data can be attached to this question and will be viewable by all requesting members.
- If you choose to make your response public, all attachments will be placed on our public website.
Scope of emissions (column 2)
- Use this column to specify which scope of your emissions you are allocating to your customers. Note that emissions that you allocate will be your customers’ Scope 3 emissions, however it is up to your customer to allocate your organization’s emissions into a specific Scope 3 category. You should only be allocating the emissions you stated in C6.1, C6.3 and C6.5. You can allocate either direct emissions from your company boundary (your Scope 1) or indirect emissions (your Scope 2 and 3). An explanation of defining Scopes 1, 2 and 3 can be found in the GHG Protocol Corporate Standard.
- Note that you should be specific whether you are allocating your Scope 2 location-based, or your Scope 2 market-based figure in the methodology column. Companies are only required to allocate one Scope 2 figure.
Allocation level (column 3)
- Specify the level i.e. company-wide, business unit (subsidiary company), facility or commodity level at which the allocation of emissions applies.
Allocation level detail (column 4)
- Responding to this column is only required if you have selected ‘Business Unit (subsidiary company)’ or ‘Facility’ in column 3.
- Using no more than 500 characters, provide details on the business unit (subsidiary company) or facility for which you are allocating emissions to your customers.
Emissions in metric tons of CO2e (column 5)
- Specify the metric tons of CO2e you are allocating to your customer for the scope given in column 2.
Uncertainty (± %) (column 6)
- Provide the degree of confidence that you have in the figures expressed as a percentage, e.g. you estimate that they are accurate to +/- 15%.
Major sources of emissions (column 7)
- Describe significant sources of emissions for which you have provided a figure. The following list of examples is non-exhaustive:
- Scope 1 emissions may be equipment in which fuel is burnt to provide heat (e.g. ovens, driers or kilns); emissions from company owned or controlled vehicles; emissions from production processes e.g. in cement manufacture;
- Scope 2 emissions may include electricity used to power production lines, lighting in offices, electricity for data centers, etc.; and
- Scope 3 covers a broader range of possible sources. For example, the “Scope 3, Business travel” category would include air travel for company employees; the “Scope 3, Capital goods” category would include the manufacture of steel to make heavy machinery or infrastructure; and the “Scope 3, Waste generated in operations category” would include emissions from out-sourced treatment of organic waste. As you will be reporting your Scope 3 emissions as a single figure, you may wish to use this column to identify which category of emissions are included in this figure.
Verified (column 8)
- Select ‘Yes’ if the allocation of emissions to your customers has been externally verified. “Externally verified” means it has been verified by a third party organization, independent of the reporting company.
Allocation method (column 9)
- To allocate emissions to your customers, your company might have used a series of allocation methods. Chapter 8 (page 86) of the GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard describes some of these methods. There is also other literature available on Life-Cycle Assessment discussing the details of different allocation methods. For the purpose of CDP reporting, a classification was established based on the Corporate Value Chain (Scope 3) Standard. You can select from the following values:
- Allocation not necessary due to type of primary data available
- Allocation not necessary as secondary data used
- Allocation based on mass of products purchased
- Allocation based on the volume of products purchased
- Allocation based on the energy content of products purchased
- Allocation based on the chemical content of products purchased
- Allocation based on the number of units purchased
- Allocation based on area
- Allocation based on another physical factor
- Allocation based on the market value of products purchased
- Other, please specify
- It can be difficult to estimate what proportion of your emissions are attributable to your respective customers’ purchases. The Corporate Value Chain (Scope 3) Accounting and Reporting Standard by the World Resources Institute and the World Business Council for Sustainable Development (the partnership that created the GHG Protocol Corporate Standard) helps companies to meet this challenge.
- The Corporate Value Chain (Scope 3) Standard is written for companies trying to calculate their Scope 3 emissions. However, the procedures can also be used by suppliers of those companies to assess how much of their (the suppliers) GHG emissions are associated with their customers’ purchases. As such, the standard can be used by both suppliers or by customers.
- The Standard contains information that will help you to apportion your emissions to your respective customers’ purchases (see Chapter 8). If you only had one customer, this would be an easy process and all of your Scope 1, 2 and 3 emissions would feed into your customer’s Scope 3 calculations. However, in practice, most companies have more than one customer, therefore attributing emissions to the purchases of each of them is more complicated. We use the term “allocate”/”allocation” to refer to this attribution. The GHG Protocol standard defines Allocation as “the process of partitioning GHG emissions from a single facility or other system (e.g. activity, vehicle, production line, business unit, etc.) among its various outputs."
- Allocation is necessary when:
- A single facility or other system produces multiple outputs, and
- Emissions are only measured for the entire facility or system as a whole”
- The Standard outlines the process of determining how to divide (“partition”) emissions between different goods and services.
- However, if you know that a specific amount of metric tons of coal or kilowatt hours of electricity have been used in producing a particular customer’s goods, or in providing services to a particular customer, then all of the emissions from burning that coal, or associated with using that electricity, can be linked to that customer’s purchases. Therefore, you avoid “allocation” in the technical sense of having to partition emissions. We would ask that you use that data to complete the table in SC1.1.
- The situation described would require a procedure that would enable you to know how much coal had been combusted to make a particular customer’s products or electrical sub-meters that were read when the work for a customer started and when it ended. There are other ways to avoid this partitioning process and these are covered in the section 8.2 of the Standard “Avoid Or Minimize Allocation If Possible”.
- Sometimes it might not be possible or practical to do measurements at that level of detail. You may know how much electricity a particular production line used in the last quarter or how much gas was used last year to heat your company’s offices, but during those time periods work was done for more than one customer. Consequently, the emissions associated with that electricity and gas have to be allocated between more than one customer. Chapter 8 explains the different approaches that can be taken to do this.
- Remember that although the document is developed from the perspective of a customer calculating their Scope 3 emissions and determining what to do with the data from their suppliers, the techniques described can also be used by the supplier in deciding how to allocate their emissions to customers (e.g. the situation that you are in). It is also worth noting that the new standard is called the Scope 3 Standard because it is written from the perspective of your customer, investigating emissions outside of its organizational boundary. However, it contains advice to help the supplier to allocate its Scope 1, 2 and 3 emissions – not just its Scope 3 emissions.
- When allocating emissions, use emissions data that is as specific as possible to the products that your customer has purchased from you. This is particularly important in the case of companies that are diversified and that produce a wide range of very different products.
- Table SC1 shows the order of preference for different types of data, it is adapted from table 7.7 of the GHG Protocol Scope 3 Standard.
Table SC1: Levels of Data
Data Type
|
Description
|
1. Activity-, process- or production line level data
|
GHG emissions for the activities, processes, or production lines that produce the product of interest
|
2. Facility Level Data
|
GHG emissions for the facilities or operations that produce the product of interest
|
3. Business Unit Level Data
|
GHG emissions for the business units that produce the product of interest
|
4. Corporate Level Data
|
GHG emissions for the entire corporation
|
- Table SC2 is based on table 8.1 of theGHG Protocol Scope 3 Standard. It shows possible options for allocating the emissions data. To learn more about considerations in deciding which equation to use, refer to Chapter 8 of the Standard.
Table SC2: Options for allocating emissions to customer
Please explain how you have identified the GHG source, including major limitations to this process and assumptions made (column 10)
- Companies often have many different sources of emissions and this question seeks to understand how you have selected major emission sources.
- The GHG Protocol Corporate Standard states companies should report on all emissions within their chosen organizational boundary. This defines the sources of emissions on which you are going to report. There are three options: sources in which the company has an equity share; sources over which the company has financial control; sources over which the company has operational control. If you exclude any sources within the boundary, you are asked to disclose and justify those exclusions.
- However, it may be that you have been limited by your knowledge of potential emission sources or made assumptions about which sources were the largest. Or alternatively, that certain sources do not play a role for the specific products your customers are purchasing from you. Please explain the thinking behind your selection including the difficulties that you encountered.
-
N.B. Please note that your answers to the following questions SC1.2 and SC1.3 can be viewed by any requesting members, not only those selected in column 1 of the table at SC1.1.
(SC1.2) Where published information has been used in completing SC1.1, please provide a reference(s).
Change from 2019
No change
Rationale
This question provides transparency regarding how data was acquired and used to derive emissions values allocated to Supply Chain members.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- To allocate emissions to your customer you may have used your own (primary) data in answering question SC1.1. Alternatively, you may have relied on publications that give industry-average (secondary) data for particular materials or processes or you may have used a mixture of both. Please make the origin of the data clear by providing references where published information has been used, as well as flagging where they have been used.
- Your answer to this question will be visible by all parties with access to your response so you may only want to provide generic information.
(SC1.3) What are the challenges in allocating emissions to different customers, and what would help you to overcome these challenges?
Change from 2019
No change
Rationale
The purpose of this question is to provide your customers with insights about the challenges in assigning specific emissions to them from your products or services. In certain cases, it might be that specific solutions can be found between you and your customer to overcome those challenges.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Allocation challenges
|
Please explain what would help you overcome these challenges
|
Select from:
- Diversity of product lines makes accurately accounting for each product/product line cost ineffective
- Customer base is too large and diverse to accurately track emissions to the customer level
- Managing the different emission factors of diverse and numerous geographies makes calculating total footprint difficult
- Doing so would require we disclose business sensitive/proprietary information
- We face no challenges
- Other, please specify
|
Text field [maximum 2,500 characters]
|
[Add Row]
Requested content
General
- Your answer to this question will be visible by all parties with access to your response.
(SC1.4) Do you plan to develop your capabilities to allocate emissions to your customers in the future?
Change from 2019
No change
Rationale
This question aims to provide your customers with insights in to how you aim to develop your capabilities to allocate emissions to them, and thus allow them to gain a greater insight in to the emissions and/or energy intensity of the goods/services that you provide to them.
Response options
Select one of the following options:
Requested content
General
- Select ‘Yes’ if you plan to develop your capabilities to allocate emissions to your customers in the future.
(SC1.4a) Describe how you plan to develop your capabilities.
Question dependencies
This question only appears if you select “Yes” in response to SC1.4.
Change from 2019
No change
Rationale
This question provides your organization with the opportunity to describe how it aims to develop its capabilities to allocate emissions to its customers for goods/services provided.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Describe using examples how your organization plans to develop its capabilities to allocate emissions to its customers in the future.
(SC1.4b)
Explain why you do not plan to develop capabilities to allocate emissions to
your customers.
Question dependencies
This question only appears if you select “No” in response to SC1.4.
Change from 2019
No change
Rationale
This question helps provides Supply Chain members with more transparency into why your organization does not plan to develop capabilities to allocate emissions for goods/services provided.
Response options
This is an open text question with a limit of 5,000 characters.
Please note that when copying from another document into the ORS, formatting is not retained.
Requested content
General
- Your answer can describe:
- Why you do not plan to develop capabilities to allocate emissions to your customers;
- The barriers that your organization faces that prevent it from allocating emissions to your customers; and;
- Potential circumstances that might encourage your organization to develop capabilities to allocate emissions to your customers.
Collaborative opportunities
(SC2.1) Please
propose any mutually beneficial climate-related projects you could collaborate on
with specific CDP Supply Chain members.
Change from 2019
No change
Rationale
Through this question your organization can propose ways it can work together with its Supply Chain members to reduce either your or their emissions. Through collaboration, mutually beneficial changes in the way you and your Supply Chain members work could be achieved.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Response options
Please
note that this table (for SC2.1) is designed so that only the customer that you
select in column 1 (“Requesting member”) will be able to see the
data relevant to them. If you enter an answer without selecting a requesting
member, your answer will not be viewable at all.
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Requesting member
|
Group type of project
|
Type of project
|
Emissions targeted
|
Estimated timeframe for carbon reductions to be realized
|
Estimated lifetime CO2e savings
|
Estimated payback
|
Details of proposal
|
Select from:
[Drop-down menu of requesting members]
|
Select from:
- Reduce Logistics Emissions
- Change to provision of goods and services
- New product or service
- Relationship sustainability assessment
- Change to supplier operations
- Other, please specify
|
Select from drop-down options below
|
Select from:
- Actions to reduce customers’ operational emissions (customer scope 1 & 2)
- Actions that would reduce our own operational emissions (our scope 1 & 2)
- Actions that would reduce our own supply chain emissions (our own scope 3)
- Actions that would reduce both our own and our customers’ emissions
- Other, please specify
|
Select from:
- 0-1 year
- 1-3 years
- 3-5 years
- Other, please specify
|
Numerical field [enter a range of 0-999,999,999,999 using a maximum of 2 decimal places]
|
Select from:
- Cost/saving neutral
- 0-1 year
- 1-3 years
- 3-5 years
- Other, please specify
|
Text field [maximum 5,000 characters]
|
[Add Row]
Type of project drop-down options (column 3)
Select one of the following options:
Reduce Logistics Emissions
- Consolidated logistics
- Changing transportation mode (switch from aviation to rail)
- Route optimization
- Changed timing of logistics
- Other, please specify
Change to provision of goods and services
- Reduced packaging weight
- More online/virtual provision of services
- Other, please specify
New product or service
- New product or service that reduces customers operational emissions
- New product or service that reduces customers products/services operational emissions
- New product or service that has a lower upstream emissions footprint
- Other, please specify
|
Relationship sustainability assessment
- Assessing products or services life-cycle footprint to identify efficiencies
- Sustainability audit of existing relationship
- Aligning goals to feed into customers targets and ambitions
- Other, please specify
Change to supplier operations
- Implementation of energy reduction projects
- Increased levels of purchased renewable energy
- Undertaking life-cycle assessment
- Other, please specify
Other
|
Requested content
General
- Provide information on any projects you would like to present to your customer. Please do not include details of existing commercial offerings of which your customer will already be aware of.
- If you enter an answer without selecting a requesting member, your answer will not be viewable at all.
- If you have multiple proposals or projects, please add more rows using the ‘Add Row’ function.
Requesting member (column 1)
- Select the relevant “Requesting member” that you have identified as a potential collaborator.
- Note that only the customer you select in this column will be able to see the data relevant to them.
- If you would like to collaborate with more than one customer on the same proposal or project, you should add one row per customer
Group type of project (column 2)
- Select from the drop-down menu one of the options below to provide details of the grouping of the type of project you are proposing. This will allow CDP Supply Chain members to better categorize and understand the group of projects, and streamline their analysis.
- If none of the options are suitable, select ‘Other category, please specify’, then select ‘Other, please specify’ for “Type of project” in column 3. You’ll be able to provide a label for your category and type of proposal or project in the column 8 (“Details of proposal”).
Type of project (column 3)
- Select from the drop-down menu one of the options below to provide details and the type of project you are proposing. This will allow CDP Supply Chain members to better understand the types of opportunities available, and streamline their analysis.
- If none of the options are suitable, select ‘Other category, please specify’. You’ll be able to provide details on the type of proposal or project in the column 8 (“Details of proposal”).
Emissions targeted (column 4)
- Select from the drop down menu one of the options below to provide details as to where emissions reduction impacts are expected as a result of your proposal or project.
- For example, if you are looking to reduce emissions from the transportation of goods or services, you might be proposing to undertake a combination of the following:
- Lightweight products or their packaging
- Use low-carbon fuels in vehicles
- Service providers may replace in-person meetings with video-conferencing
- Switch to lower-carbon forms of transport for staff to visit clients.
- You can discuss your proposal or project in column 8 (“Details of proposal”).
Estimated timeframe for carbon reductions to be realized (column 5)
- Select from the dropdown menu the most appropriate timeline within which you expect carbon reductions to be realized.
Estimated lifetime CO2e savings (column 6)
- Specify the amount of tCO2e reductions you are associating with your customer.
- If you are still in the early stages of proposing this opportunity, and you do not know the estimated CO2e savings, please leave this column blank.
Estimated payback (column 7)
- Select from the drop-down menu the option that encompasses your estimated payback period for your proposal or project.
Details of proposal (column 8)
- Provide details on the nature of your project, including:
- Potential financial impacts, such as the costs versus savings associated with the proposal or project;
- The reason for the project, e.g. issue to be solved/improved;
- Why this is the best strategy;
- Regions, facilities and/or product lines considered, and;
- All participants involved.
(SC2.2) Have requests
or initiatives by CDP Supply Chain members prompted your organization to undertake
organizational-level emissions reduction initiatives?
Change from 2019
No change
Rationale
This question examines whether CDP Supply Chain members’ engagement has led to your organization undertaking emissions reduction activities.
Response options
Select one of the following options:
Requested content
General
- Select "Yes" if requests or initiatives by CDP Supply Chain members have prompted your organization to take organizational-level emissions reduction initiatives.
- This question is related to emissions reduction initiatives that you might have completed in your organization and identified in your response in questions C4.3 and C4.3a to C4.3c in the climate change questionnaire. While those questions refer to emissions reduction activities that were initiated in your reporting year, you may wish to provide details on existing initiatives also. To assist you with this, please provide an ‘Initiative ID’ for each of the initiatives reported in SC2.2a. For example, you may implement a new emissions reduction activity in 2019 that was identified through CDP Action Exchange. In 2020 you would select a 2020 ID tag for this initiative and report it in the comment column of C4.3b.
- Alternatively, you may have reported an initiative in 2018 that was in its early stages of development. While you had not implemented the initiative at the time, you had decided to report to show your customer that you were considering it. You can use the same ID that you gave to that initiative last year to show whether you decided to implement it or not.
- In this section, members are requesting to know which, if any, of those initiatives that are associated with emissions reductions they have caused (in part or wholly) by engaging with you as their supplier. For those suppliers participating in Action Exchange, please use this opportunity to identify which activities were initiated through your involvement in Action Exchange.
(SC2.2a) Specify the
requesting member(s) that have driven organizational-level emissions reduction
initiatives, and provide information on the initiatives.
Question dependencies
This question only appears if you select “Yes” in response to SC2.2.
Change from 2019
No change
Rationale
This question investigates how CDP Supply Chain members’ engagement has led to your organization undertaking emissions reduction activities, and associated emissions reductions.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Response options
Please note that this table (for SC2.2a) is designed so
that only the customers that you select in column 1 (“Requesting member”) will
be able to see the data relevant to them. If you enter an answer without
selecting a requesting member, your answer will not be viewable at all.
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Requesting member
|
Initiative ID
|
Group type of project
|
Type of project
|
Select from:
[Drop-down menu of requesting members]
|
Select from:
[Drop-down menu of ID’s]
|
Select from:
- Reduce Logistics Emissions
- Change to provision of goods and services
- New product or service
- Relationship sustainability assessment
- Change to supplier
operations
- Other, please specify
|
Select from drop-down options below
|
Description of the reduction initiative | Emissions reduction for the reporting year in metric tons of CO2e | Did you identify this opportunity as part of the CDP supply chain Action Exchange? | Would you be happy for CDP supply chain members to highlight this work in their external communication? |
---|
Text field [maximum 2,500 characters]
| Numerical field [enter a range of 0-999,999,999,999 using a maximum of 2 decimal places]
| Select from:
| Select from:
|
[Add Row]
Type of project drop-down options (column 4)
Select from:
Reduce Logistics Emissions
- Consolidated logistics
- Changing transportation mode (switch from aviation to rail)
- Route optimization
- Changed timing of logistics
- Other, please specify
Change to provision of goods and services
- Reduced packaging weight
- More online/virtual provision of services
- Other, please specify
New product or service
- New product or service that reduces customers operational emissions
- New product or service that reduces customers products/services operational emissions
- New product or service that has a lower upstream emissions footprint
- Other, please specify
|
Relationship sustainability assessment
- Assessing products or services life-cycle footprint to identify efficiencies
- Sustainability audit of existing relationship
- Aligning goals to feed into customers targets and ambitions
- Other, please specify
Change to supplier operations
- Implementation of energy reduction projects
- Increased levels of purchased renewable energy
- Undertaking life-cycle assessment
- Other, please specify
Other
|
Requested content
General
- Provide information on projects/initiatives a CDP Supply Chain requesting member has indicated that prompted your organization to implement organizational-level emissions reduction initiatives to reduce emissions from your operations or your supply chain.
- If you have implemented multiple organizational-level emissions reduction initiatives presented by requesting members, please add one row per project using the ‘Add Row’ function.
- This table is designed so that only the customer that you select in column 1 ("Requesting member") will be able to see the data relevant to them.
- If you enter an answer without selecting a requesting member, your answer will not be viewable at all.
- Additional relevant data can be attached to this question and will be viewable by all requesting members.
- If you choose to make your response public, all attachments will be placed on our public website.
Requesting member (column 1)
- Select the relevant “Requesting member” that has driven your organization to take organizational-level emissions reduction initiatives to reduce emissions from your operations or your supply chain.
- If more than one member influenced the same project, you should add one row per customer.
Initiative ID (column 2)
- Select an ID for each initiative for each member. If an initiative can be attributed to multiple members, you may select the same ID multiple times. If you wish to show progress against a previous year initiative, please select the ID that you used in that year.
Group type of project (column 3)
- Select from the drop-down menu one of the options below to provide details of the grouping of the type of project you are proposing. This will allow CDP Supply Chain members to better categorize and understand the group of projects, and streamline their analysis.
- If none of the options are suitable, select ‘Other category, please specify’, then select ‘Other, please specify’ for “Type of project” in column 3. You’ll be able to provide a label for your category and type of proposal or project in the column 5 (“Description of the reduction initiative”).
Type of project (column 4)
- Select from the drop-down menu one of the options below to provide details and the type of project you are proposing. This will allow CDP Supply Chain members to better understand the types of opportunities available, and streamline their analysis.
- If none of the options are suitable, select ‘Other category, please specify’. You’ll be able to provide details on the type of proposal or project in the column 5 (“Description of the reduction initiative”).
Description of the reduction initiative (column 5)
- Describe one initiative per member per line in this section and how they relate to the member. You may also wish to refer your customer to the same initiative if you reported in C4.3 of the core Climate Change Questionnaire where they can find more details.
- The responses you provide here should be consistent with the responses provided in C4.3 of the Climate Change Questionnaire. If it is not, please state why not in column 5, e.g. “emissions reduction initiative too small to make it into our key emissions reduction initiatives section”.
- Provide details on the nature of the project, including:
- The reason for the project, i.e. issue solved/improved;
- Why this is the best strategy;
- Regions, facilities and/or product lines affected, and;
- All participants involved.
Emissions reduction for the reporting year in metric tons of CO2e (column 6)
- Specify the emissions reduction, in tCO2e, you are associating with your customer in column 2.
Did you identify this opportunity as part of the CDP supply chain Action Exchange? (column 7)
- If the proposal or project discussed was (partly) a result of CDP’s Action Exchange program, please select “Yes” otherwise select “No”.
Would you be happy for CDP supply chain members to highlight this work in their external communication? (column 8)
- Please select yes or no. Note that this selection refers to each individual initiative per member.
Action Exchange
(SC3.1) Do you want to enroll in the 2020-2021 CDP Action Exchange initiative?
Change from 2019
No change
Rationale
Action Exchange was set up to help Supply Chain members to become more carbon and energy efficient. Here CDP investigates whether your organization participating in supply chain operations is interested in enrolling in the initiative.
Response options
Select one of the following options:
Requested content
General
- Select "Yes" if you would like to enroll in the 2020-2021 CDP Action Exchange initiative.
Action Exchange
- Action Exchange is an initiative of the Supply Chain program for Lead or longer-term members to drive emissions reductions in their supply chains. Action Exchange offers a platform designed to help suppliers to horizon scan for ways to reduce their emissions and save money.
- This includes benchmarking against high-performing peers, tailored recommendations for specific emissions reduction activities, and a network of partners called Solutions Providers that have the expertise to implement energy efficiency projects.
(SC3.1a) Identify
which member(s), if any, have motivated you to take part in Action Exchange
this year.
Question dependencies
This question only appears if you select “Yes” in response to SC3.1.
Change from 2019
No change
Rationale
This question investigates which Supply Chain members have motivated your organization to take part in CDP’S Action Exchange initiative.
Response options
Select from drop-down list of members.
Requested content
General
- Note that this list is designed so that only the customer that you select will be able to see the selection.
- If you enter an answer without selecting a requesting member, your answer will not be viewable at all.
- Not all members in this list necessarily participated in Action Exchange, so please ensure that you select only the members that motivated you to take part in Action Exchange.
(SC3.1b)
Select the types of emissions reduction activities that your company would like
support in analyzing or implementing in the next reporting year.
Question dependencies
This question only appears if you select “Yes” in response to SC3.1.
Change from 2019
Modified question
Rationale
This question is designed to allow solutions providers to assess which suppliers they are most equipped to assist.
Response options
Select all that apply from the following options:
- Company policy or behavioral change
- Energy efficiency in buildings
- Energy efficiency in production processes
- Fugitive emissions reductions
- Green project finance
- Low-carbon energy consumption
- Low-carbon energy generation
- Non-energy industrial process emissions reductions
- Transportation
- Waste reduction and material circularity
- Other, please specify
Requested content
General
- Select the emissions reduction activities that your company would like to support in analyzing or in implementing in the next reporting year.
- Company policy or behavioral change – initiatives relating to a change in company policy (e.g. value chain engagement, a new procurement policy) or an organizational behavioral change (e.g. resource efficiency improvements such as reducing paper use, waste management improvements such as reducing food waste etc.). Note that changes in company transportation policies should be reported under category “Transportation”
- Energy efficiency in buildings – energy efficiency initiatives relating to buildings, including those relating to the building fabric (e.g. insulation, draught-proofing, etc.) and those relating to building services (e.g. HVAC, BEMS etc.)
- Energy efficiency in production processes – all energy efficiency initiatives relating to processes (e.g. waste heat recovery, process optimization, compressed air, combined heat and power, automation, smart control systems, product/service design to improve energy efficiency etc.)
- Fugitive emissions reductions – initiatives to reduce fugitive emissions (e.g. methane capture, agricultural nitrous oxide reductions, refrigerant leakage reduction etc.)
- Low-carbon energy consumption – emissions reduction initiatives relating to increasing low-carbon energy consumption i.e. energy from renewable sources, nuclear plants and fossil-fuel plants fitted with carbon capture and storage.
- Low-carbon energy generation – initiatives relating to the installation of low-carbon energy generating facilities (renewable, nuclear or fossil-fuel plants fitted with carbon capture and storage) at your own site or at others on behalf of your clients.
- Non-energy industrial process emissions reductions – initiatives to reduce emissions from industrial production processes which chemically or physically transform materials (e.g. CO2 from the calcinations step in cement manufacturing, CO2 from catalytic cracking in petrochemical processing, PFC emissions from aluminum smelting etc.)
- Transportation – initiatives relating to employee travel and commuting and the company fleet.
- Waste reduction and material circularity – circular economy and waste reduction initiatives (e.g. reuse, recycling, remanufacturing, product/service design to reduce waste etc.).
- Other, please specify – If none of the listed categories are applicable to your activity,select this option and specify the activity.
(SC3.1c) As part of Action Exchange, would you like facility level analysis?
Question dependencies
This question only appears if you select “Yes” in response to SC3.1.
Change from 2019
No change
Rationale
This question investigates whether Supply Chain members are interested in receiving facility level analysis. If this is the case, CDP will get in contact with you about additional facility-specific Action Exchange resources.
Response options
Select one of the following options:
Requested content
General
- If you select “Yes”, CDP will be in contact with you about the option for additional facility-specific Action Exchange resources.
- This option may be most appropriate for factory-intensive companies that want to focus emissions reduction efforts at the facility level.
(SC3.2) Is your company
a participating supplier in CDP’s 2019-2020 Action Exchange initiative?
Change from 2019
No change
Rationale
This question helps to identify companies participating in CDP’s 2019-2020 Action Exchange initiative.
Response options
Select one of the following options:
Requested content
General
- Select ‘Yes’ if your company is a participating supplier in CDP’s 2019-2020 Action Exchange initiative.
(SC3.2a) Describe
how your organization actively considered emissions reduction projects as a result
of Action Exchange. If you do not have any emissions reduction activities
resulting from Action Exchange at any stage of implementation, please explain
why not in the second column.
Question dependencies
This question only appears if you select “Yes” in response to SC3.2.
Change from 2019
Modified question
Rationale
The purpose of this question is to provide customers who engaged their suppliers through Action Exchange further insight to the emissions reduction activities of their suppliers.
Response options
Please complete the following table:
Type of project
|
Details of proposal
|
Select all that apply:
- Company policy or behavioral change
- Energy efficiency in buildings
- Energy efficiency in production processes
- Fugitive emissions reductions
- Green project finance
- Low-carbon energy consumption
- Low-carbon energy generation
- Non-energy industrial process emissions reductions
- Transportation
- Waste reduction and material circularity
- Other, please specify
|
Text field [maximum 2,500 characters]
|
Requested content
Type of project (column 1)
- Select the type of projects that your organization considered implementing through Action Exchange:
- Company policy or behavioral change – initiatives relating to a change in company policy (e.g. value chain engagement, a new procurement policy) or an organizational behavioral change (e.g. resource efficiency improvements such as reducing paper use, waste management improvements such as reducing food waste etc.). Note that changes in company transportation policies should be reported under category “Transportation”
- Energy efficiency in buildings – energy efficiency initiatives relating to buildings, including those relating to the building fabric (e.g. insulation, draught-proofing, etc.) and those relating to building services (e.g. HVAC, BEMS etc.)
- Energy efficiency in production processes – all energy efficiency initiatives relating to processes (e.g. waste heat recovery, process optimization, compressed air, combined heat and power, automation, smart control systems, product/service design to improve energy efficiency etc.)
- Fugitive emissions reductions – initiatives to reduce fugitive emissions (e.g. methane capture, agricultural nitrous oxide reductions, refrigerant leakage reduction etc.)
- Low-carbon energy consumption – emissions reduction initiatives relating to increasing low-carbon energy consumption i.e. energy from renewable sources, nuclear plants and fossil-fuel plants fitted with carbon capture and storage.
- Low-carbon energy generation – initiatives relating to the installation of low-carbon energy generating facilities (renewable, nuclear or fossil-fuel plants fitted with carbon capture and storage) at your own site or at others on behalf of your clients.
- Non-energy industrial process emissions reductions – initiatives to reduce emissions from industrial production processes which chemically or physically transform materials (e.g. CO2 from the calcinations step in cement manufacturing, CO2 from catalytic cracking in petrochemical processing, PFC emissions from aluminum smelting etc.)
- Transportation – initiatives relating to employee travel and commuting and the company fleet.
- Waste reduction and material circularity – circular economy and waste reduction initiatives (e.g. reuse, recycling, remanufacturing, product/service design to reduce waste etc.).
- Other, please specify – If none of the listed categories are applicable to your activity, select this option and specify the activity.
Details of proposal (column 2)
- Explain the extent to which the projects were evaluated and, if applicable, to what stage the project has progressed.
- If you do not have any emissions reduction activities resulting from Action Exchange at any stage of implementation, please explain why not.
- Your answer to this question will be visible.
Product (goods and services) level data
(SC4.1) Are you providing product level data for your organization’s goods or services?
Change from 2019
No change
Rationale
CDP supply chain members are interested in the granularity of data that their suppliers can provide regarding the emissions intensities, lifecycle emissions and emissions reduction initiatives. This level of data can allow all parties involved to observe product/service resource intensities, track changes in this supply chain specific data, and progress being made via initiatives.
Response options
Select one of the following options:
- Yes, I will provide data
- No, I am not providing data
Requested content
General
- If using the Export/Import functionality, it is essential that you check that data has entered correctly into each field in a question.
(SC4.1a) Give the overall percentage of total emissions,
for all Scopes, that are covered by these products.
Question dependencies
This question only appears if you select “Yes, I will provide data” in response to SC4.1.
Change from 2019
No change
Rationale
This question aims to assess the GHG relevance of the products you are disclosing information on.
Response options
Percentage field [enter a percentage from 0-100 using a maximum of 2 decimal places]
Requested content
General
- You may find out that a minority of products are responsible for a majority of your emissions (Pareto’s principle or 80-20 rule). If that is the case, you might not need to disclose product level data for all your products but rather concentrate on the most relevant for you and your customers.
- In responding to this question, you should also consider the customers that are requesting information from you and the type of products they buy from you.
- In all cases, it is important for your customers to know the relevance of the products they are purchasing from you in terms of your overall GHG emissions. You can report this information by summing your Scope 1, 2 and 3 emissions.
Scope 1 emissions
- Direct greenhouse gas (GHG) emissions occur from sources that are owned or controlled by the company. Direct GHG emissions are principally the result of the following activities undertaken by the company:
- Generation of electricity, heat or steam, resulting from the combustion of fuels in stationary sources such as boilers or furnaces;
- Physical or chemical processes, e.g. clinker production within a kiln during cement production activities.
- The transportation of materials, due to the combustion of fuels in company owned or controlled vehicles.
- Fugitive emissions, which arise from the intentional or unintentional release of GHG emissions, e.g. equipment leaks from joints or seals; HFC emissions from the use of refrigeration and air conditioning equipment.
- Direct CO2 emissions from the combustion of biomass are not included Scope 1 reporting, but can be reported separately.
- Scope 1 emissions only consider GHG emissions covered by the Kyoto Protocol (CO2, CH4, N2O, HFCs, PFCs, SF6 and NF3). GHGs not covered by the Kyoto Protocol are reported separately from Scope emissions.
Scope 2 emissions
- Scope 2 accounts for GHG emissions from the generation of purchased electricity, heat, steam or cooling consumed by the company.
- Purchased electricity is defined as electricity that is purchased or otherwise brought into the organizational boundary of the company.
- Scope 2 emissions physically occur at the facility where electricity is generated.
- Indirect emissions classified under Scope 2 include transmission and distribution (T&D) losses, and are reported by the company that owns or controls the T&D network.
- In addition to accounting for GHG emissions associated with electricity, heat, steam or cooling brought in to the organizational boundary, accounting for Scope 2 emissions allows companies to assess the risks and opportunities associated with changing electricity and GHG emissions costs.
Scope 3 emissions
- This is an optional reporting category which allows for the treatment of all other indirect emissions (e.g. those occurring from the transportation of purchased fuels).
- These emissions occur as a consequence of activities of the company, but result from sources not owned or controlled by the company itself.
- If outside the organizational boundaries the following are Scope 3 indirect emissions:
- Extraction and production of purchased materials and fuels;
- Transport related activities;
- Electricity-related activities not included in Scope 2;
- Leased assets, franchises and outsourced activities (dependent on the consolidation approach taken);
- Use of sold products and services, and;
- Waste disposal.
(SC4.2a) Complete the following table for the
goods/services for which you want to provide data.
Question dependencies
This question only appears if you select “Yes, I will provide data” in response to SC4.1.
Change from 2019
No change
Rationale
CDP supply chain members are interested in the emissions intensities associated with the goods/services they are purchasing. This question allows your organization to provide these details, while outlining the methodologies used by your organization to estimate these for your goods/services.
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Name of good/ service
|
Description of good/ service
|
Type of product
|
SKU (Stock Keeping Unit)
|
Text field [maximum 2,400 characters]
|
Text field [maximum 2,400 characters]
|
Select from:
|
Text field [maximum 50 characters]
|
Total emissions in kg CO2e per unit | ± % change from previous figure supplied | Date of previous figure supplied | Explanation of change | Methods used to estimate lifecycle emissions |
---|
Numerical field [enter a range of 0-999,999,999,999 using a maximum of 2 decimal places]
| Percentage field [enter a percentage from -1000 - 1000 using a maximum of 10 decimal places]
| Use the calendar button or enter dates manually in the format DD/MM/YYYY.
| Text field [maximum 2,400 characters]
| Select from:
- Bilan Carbone
- French Product Environmental Footprint
- Greenhouse Gas Accounting Sector Guidance for Pharmaceutical Products and Medical Devices
- GHG Protocol Product Accounting & Reporting Standard
- ISO 14040 & 14044
- ISO 14025
- EU Product Environmental Footprint (EUPEF)
- PAS 2050
- WBCSD Life Cycle Metrics for Chemical Products
- Other, please specify
|
[Add Row]
Requested content
General
- If using the Export/Import functionality, it is essential that you check that data has entered correctly into each field in a question.
Name of good/service (column 1)
- Please provide the name of the product you will be providing data for.
Description of good/service (column 2)
- Please describe the good or service for which you are supplying product lifecycle GHG data. This may be a good such as a “180-gram tube of toothpaste in a cardboard package” or a service such as the “design of a color A5 advertising flyer.” This will be referred to as “a unit” in column 4 of SC4.2b.
- Products from different locations may have markedly different footprints due to local circumstances, such as the use of different types of fuel or different generation methods used to create electricity for the grid. As long as it is not prohibited under the product footprinting methodology that you use, then you can differentiate between products made at different locations. You should however:
- Explain what you have done;
- Give the locations that supply products to your requesting members, if applicable; and
- Not selectively present or cherry-pick the locations that give the lowest product footprints, by providing either the product footprints for a range of locations or the average footprint figure across all locations.
Type of product (column 3)
- Please use this drop-down menu to clearly identify the type of product or good/service for which you are providing data.
- Intermediate products are inputs to the production of other goods or services that require further processing, transformation, or inclusion in another product before use by the end consumer. Intermediate products are not consumed by the end user in their current form.
- Final products are goods and services that are consumed by the end user in their current form, without further processing, transformation, or inclusion in another product, though they may be sold to a retailer first before being sold on to the end user. The end user may be an individual or a business.
SKU (Stock Keeping Unit) (column 4)
- Please provide the Stock Keeping Unit (SKU) of the product you are providing data for. This refers to the quantity of products bought by the customer for a particular price/amount of emissions. If you don’t have an SKU for the product/service you are providing data, please give the quantity of the named good/service provided in column 1.
Total emissions in kg CO2e per unit (column 5)
- Please give the emissions for the final/intermediate product in kg CO2e/unit of good or service.
± % change from previous figure supplied (column 6)
- If you have previously reported a figure to CDP and are supplying an updated figure, please give the percentage difference between the two figures.
Date of previous figure supplied (column 7)
- Give the date of the previous figure in day(DD)/month(MM)/year(YY) format.
- If you are using the Export/Import functionality, please check that the imported date is correct.
Explanation of change (column 8)
- Explain why the figure has changed.
Methods used to estimate lifecycle emissions (column 9)
(SC4.2b) Complete the
following table with data for lifecycle stages of your goods and/or services.
Question dependencies
This question only appears if you select “Yes, I will provide data” in response to SC4.1.
Change from 2019
No change
Rationale
CDP supply chain members are interested in the lifecycle emissions of the goods/services they are purchasing. This question allows your organization to provide these details, while outlining the lifecycle stages considered by your organization for these goods/services.
Response options
Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” button at the bottom of the table.
Name of good/ service
|
Please select the scope
|
Please select the lifecycle stage
|
Emissions at the lifecycle stage in kg CO2e per unit
|
Is this stage under your ownership or control?
|
Text field [maximum 2,400 characters]
|
Select from:
- Scope 1
- Scope 2
- Scope 3
- Scope 1 & 2
- Scope 1, 2 & 3
- Other, please specify
|
Select from:
- Assembly
- Consumer use
- Cradle to gate
- Cradle to grave
- Distribution
- End of life/final disposal
- Energy/fuel
- Manufacturing
- Material acquisition
- Operation of premises
- Packaging
- Pre-processing processing
- Production
- Recycling
- Storage
- Transportation
- Waste
- Other, please specify
|
Numerical field [enter a range of 0-999,999,999,999 using a maximum of 10 decimal places]
|
Select from:
|
Type of data used | Data quality | If you are verifying/assuring this product emissions data, please tell us how |
---|
Select from:
- Primary
- Secondary
- Primary & secondary
| Text field [maximum 2,500 characters]
| Text field [maximum 5,000 characters]
|
[Add Row]
Requested content
General
- If using the Export/Import functionality, it is essential that you check that data has entered correctly into each field in a question.
Name of good/service (column 1)
- Provide the name of the entries made in column 1 of SC4.2a. If responding to this question using the ORS use the ‘Add Row’ function to add multiple goods or services provided in SC4.2a.
Please select the lifecycle stage (column 3)
- Provide the lifecycle stages that are appropriate to the final/intermediate product for which you are providing data.
- You should add a row for each subsequent lifecycle stage. The “Add Row” function in the ORS can be found at the bottom right of the table.
- This column is used in conjunction with column 2 (Please select the scope), whereby the combined data will give CDP an accurate lifecycle stage. You are able to mix and match, for example ‘Waste’ could be a result of Scope 1 emissions if the waste is a result of the direct processing of a product, or it could be a result of Scope 3 emissions when waste is created through customer use of a product. Please continue to add rows for as many lifecycle stages you are able to provide data for. If the lifecycle stage you need is not available, for example, if you are trying to provide data for a service (in the case of a hotel stay, for instance - check in, use of room, check out, cleaning), please select ‘Other, please specify’ and write in the required data.
Emissions at the lifecycle stage in kg CO2e per unit (column 4)
- Report the emissions for the final/intermediate product in kg CO2e/unit of good or service for the given life cycle stage(s). If you are providing data for only a stage/s of the product’s lifecycle, the figure you supply will be the figure for that stage or aggregate for those stages.
Is this stage under your ownership or control? (column 5)
- Select “Yes” or “No” from the drop-down menu, depending on whether you have control over that particular operation. Use the definition of control you have used for your organizational boundary (financial/operational control).
Type of data used (column 6)
- Specify if you have used primary data, secondary data or both to calculate the emissions at this stage of the lifecycle. According to the GHG Protocol Corporate Standard, primary data is data from specific activities within the company’s value chain, while secondary data is data that is not from specific activities within the company’s value chain. Therefore, data obtained from a supplier who used proxy methods would not be considered to be primary data.
Data quality (column 7)
- Provide any information you consider relevant for your customers relative to the data quality used to produce the figure for this lifecycle stage. Consult Chapter 8 of the GHG Product Standard for help in assessing data quality.
If you are verifying/assuring this product emission data, please tell us how (column 8)
- CDP recognizes that the verification and assurance of product level data is still in the early stages of development. If you are taking steps to verify or assure the data you provide, please use the free text box to explain how. Please include any information as to what standard, if any, was used (e.g. PAS 2050, GHG Protocol Corporate Standard, etc.).
(SC4.2c) Please detail emissions
reduction initiatives completed or planned for this product.
Question dependencies
This question only appears if you select “Yes, I will provide data” in response to SC4.1.
Change from 2019
No change
Rationale
CDP supply chain members are interested in emissions reduction initiatives completed or planned for the goods/services they are purchasing. This question allows your organization to provide these details, while outlining the emissions reductions achieved or projected.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Name of good/service
|
Initiative ID
|
Description of initiative
|
Completed or planned
|
Emissions reductions in kg CO2e per unit
|
Text field [maximum 2,500 characters]
|
Select from:
[Drop-down of ID’s]
|
Text field [maximum 2,500 characters]
|
Select from:
- Completed
- Ongoing
- Planned
|
Numerical field [enter a range of 0-999,999,999,999 using a maximum of 2 decimal places]
|
[Add Row]
Requested content
General
- If using the Export/Import functionality, it is essential that you check that data has entered correctly into each field in a question.
Name of good/service (column 1)
- Provide the name of the entries made in column 1 of SC4.2a. If responding to this question using the ORS use the ‘Add Row’ function to add multiple goods or services provided in SC4.2a.
Initiative ID (column 2)
- Identify the initiative by selecting from the drop-down menu. This number will be used to track the identified good/service throughout your response.
Description of initiative (column 3)
- Provide a brief description of what the initiative is about and how emissions reductions will be achieved.
Completed or planned (column 4)
- Select from the drop-down to specify if the initiative is completed or if it is being planned.
Emissions reductions in kg CO2e per unit (column 5)
- Provide the amount of reductions in emissions as kg CO2e per unit of product.
(SC4.2d)
Have any of the initiatives described in SC4.2c been driven by requesting CDP Supply Chain members?
Question dependencies
This question only appears if you select “Yes, I will provide data” in response to SC4.1.
Change from 2019
No change
Rationale
Data users are interested in understanding the extent to which the initiatives you engage in (as disclosed in SC4.2c), have been driven by your requesting Supply Chain member. This can help provide an insight to the extent that organizations engage to improve resource efficiency and reduce their impact on the resource intensity of goods/services provided.
Response options
Select one of the following options:
Requested content
General
- Select “Yes” or “No” from the drop-down menu provided in the ORS to respond to this question.
- If you select “Yes” you will be asked to answer question SC4.2e, if you select “No” you will have reached the end of this question set for individual products.
(SC4.2e)
Explain which initiatives have been driven by requesting members.
Question dependencies
This question only appears if you select “Yes” in response to SC4.2d.
Change from 2019
No change
Rationale
Data users are interested in understanding the extent to which the initiatives you engage in (as disclosed in SC4.2c), have been driven by your requesting Supply Chain member. This can help provide an insight to the extent that organizations engage to improve resource efficiency and reduce their impact on the resource intensity of goods/services provided.
Response options
Please complete the following table. You are able to add rows by using the “Add Row” button at the bottom of the table.
Please note that this table (for SC4.2e) is designed so that only the customer that you select in column 1 (“Requesting member”) will be able to see the data relevant to them. If you enter an answer without selecting a requesting member, your answer will not be viewable at all.
Requesting member
|
Name of good/service
|
Initiative ID
|
Select from:
[Drop-down menu of requesting members]
|
Text field [maximum 2,500 characters]
|
Select from:
[Drop-down of ID’s]
|
[Add Row]
Requested content
General
- Please note that this table (for SC4.2e) is designed so that only the customer that you select in column 1 (“Requesting member”) will be able to see the data relevant to them. If you enter an answer without selecting a requesting member, your answer will not be viewable at all.
Requesting member (column 1)
- Use this field to identify the requesting member or member(s) that have driven the emissions reduction initiative.
Name of good/service (column 2)
- Provide a text answer with the name of good/service.
Initiative ID (column 3)
- Identify the initiative using the ID that you have used previously in column 2 of SC4.2c.
Appendix A: Agricultural/Forestry management practices
Agroforestry: Agroforestry is a land management approach that combines the production of trees with other crops and/or livestock. Trees have high adaptive capacity because they are deep rooted and have large reserves of water and nutrients, and are less susceptible than annual crops to inter-annual variability or short-lived extreme events like droughts or floods. Additionally, trees improve soil quality and fertility by contributing to water retention and by reducing water stress during low rainfall years, and also have higher evapotranspiration rates than row crops or pastures and can thus pump excess water out of the soil. Trees can also reduce the impacts of weather extremes such as droughts or torrential rain and can stabilize the soil against landslides and raise infiltration rates
Biodiversity considerations: Enhancing agricultural biodiversity has significant potential to mitigate the impacts of greenhouse gases by increasing soil biodiversity to build soil organic matter, capturing carbon; using diverse leguminous crops to fix nitrogen in the soil, reducing the need for chemical fertilizers; introducing perennial crops to store carbon below ground; and planting temporary vegetative cover between successive crops to reduce nitrous oxide emissions by extracting unused nitrogen.
Change in the topography or landscapes: The use of hedges, vegetative buffer strips and other farm landscaping practices can have an enormous impact on adaptation to drought, heavy rains and winds. A change in topography can occur, for example, through the use of terraces which facilitate adaptation to climate change by optimizing water use.
Composting: The application of compost increases the amount of carbon sequestered in soils. The addition of Nitrogen reduces agricultural energy demand as a result of the increased infiltration and storage capacity of soils, thus reducing irrigation needs. The application of compost reduces the need for greenhouse gas (GHG) producing fertilizer, pesticides and herbicides.
Crop diversity: The use of germplasm (genes) of crops, forages and wild relatives that have evolved in other parts of the world, which are under similar climatic conditions to those in areas currently under stress from climate change.
Contour farming: Reduces erosion and carbon mineralization
Crop rotation: Better nutrient management through crop rotation can decrease nitrogen fertilizer use, substantially lowering related GHG emissions.
Diversifying farmer income: Many producers are including more livestock in their operations to make use of increased forage production and to add value on the farm. Livelihoods diversification into off-farm activities has the potential to reduce vulnerability to climate change impacts by reducing livelihood dependence upon farming activities. Increasing farmer resilience could ensure that the supply of agricultural inputs required by companies in the agricultural sector can be maintained over time.
Efficient equipment use: Equipment or machinery operated on farms or forest units; such as mobile
machinery (e.g., harvesters), stationary equipment (e.g., boilers), and refrigeration and air-conditioning equipment are net sources of carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O), or fluorinated gases (e.g. HFCs and PFCs). When equipment and machines are used efficiently it contributes to reduce the overall greenhouse gas emissions.
Enhanced forest regeneration practices: Practices that may improve or accelerate forest regeneration, e.g., planting seeds or seedlings of fast-growth species.
Fertilizer management: Fertilizer type, application rate, timing and placement have been shown to influence the amount of nitrous oxide released to the atmosphere from some soils in some years. Improved fertilizer efficiency will also reduce the amount of excess nitrogen fertilizer that can be lost to the atmosphere or to surface or groundwater.
Fire control: A series of measures can be taken to reduce the risk of large forest fires, e.g., prescribed burning, grazing, vegetation cutting, sustainable forest management, fences and fire patrol. These measures reduce the fuel loading and/or ensure fires are controlled in time.
Equipment maintenance and calibration: Ensures reliability and accuracy of data.
Governmental or institutional policies and programs: Government programs and policies, such as tax credits, research support, trade controls and crop insurance regulations, significantly influence agricultural practices. Programs and policies may act to either promote or hinder adaptation to climate change.
Integrated pest management: Integrated Pest Management (IPM) is an effective and environmentally sensitive approach to pest management that relies on a combination of common-sense practices. IPM programs use current, comprehensive information on the life cycles of pests and their interaction with the environment. This information, in combination with available pest control methods, is used to manage pest damage. Consequently, carbon emissions from pesticide use can be reduced.
Knowledge sharing: Monitoring climate change, forecasting impacts and using early warning systems to disseminate data to a range of stakeholders from the national to the local level are all vital components to successful long-term adaptation planning and implementation. Sharing of best practice in agriculture is an important component of this practice.
Land use change: One of the most effective methods of reducing emissions is to allow or encourage the reversion of cropland to another land cover, typically one similar to the native vegetation. The conversion can occur over the entire land area (‘set-asides’) or in localized spots such as grassed waterways or field margin. Such land cover change often increases storage of carbon; for example, converting arable cropland to grassland typically results in the gain of soil carbon owing to lower soil disturbance and reduced carbon removal in harvested products. Compared to cultivated lands, grasslands may also have reduced nitrous oxide emissions from lower nitrogen inputs and higher rates of methane oxidation.
Additionally, reforestation and afforestation initiatives can increase the amount of biomass in a given area of land, thereby sequestering carbon in plant material.
Livestock management: Livestock, predominantly ruminants such as cattle and sheep, are significant sources of methane emissions, accounting for approximately 18% of global anthropogenic emissions of this gas (Smith et.al.2008). The methane is produced primarily by enteric fermentation and voided by belching. Practices for reducing methane emissions from this source fall into three general categories: improved feeding practices, use of specific agents or dietary additives, and longer-term management changes and animal breeding. There are also anti-methogen vaccines available.
Adaptations in field-based livestock include additional care to continuously match stock rates with pasture production, altered rotation of pastures, modification of times of grazing, and timing of reproduction, alteration of forage and animal species/breeds, altered integration within mixed livestock/crop systems including using adapted forage crops, reassessing fertilizer applications, care to ensure adequate water supplies, and use of supplementary feeds and concentrates. Other adaptation methods include adjusting shading and air conditioning, and the use of sprinklers to cool livestock during excessive summer heat.
Low carbon energy use: For example, the installation of on-site renewable energy systems for electricity.
Low tillage and residue management: Since soil disturbance tends to stimulate soil carbon losses through enhanced decomposition and erosion, reduced or no-till agriculture often results in soil carbon gain. Systems that retain crop residues also tend to increase soil carbon because these residues are the precursors for soil organic matter, the main store of carbon in the soil.
Low tillage or increases soil organic matter. Soil organic matter improves and stabilizes the soil structure so that the soils can absorb higher amounts of water. Soil organic matter also improves the water absorption capacity of the soil for during extended drought. Additionally, a no- or low-tilled soil conserves the structure of soil for fauna and related macrospores (earthworms, termites and root channels) to serve as drainage channels for excess water.
Manure management: Animal manures can release significant amounts of nitrous oxide and methane during storage, but the magnitude of these emissions varies. Methane emissions from manure stored in lagoons or tanks can be reduced by cooling or covering the sources, or by capturing the methane emitted. The manures can also be digested anaerobically to maximize retrieval of methane as an energy source. Storing and handling the manures in solid rather than liquid form can suppress methane emissions
Organic farming: Agriculture can make a significant contribution to mitigating climate change by taking carbon out of the air and sequestering it in the soil. The soil carbon benefit of organic farming results from the fact that the system is based on inputs of organic matter to the soil and the decomposition of this by soil microbial activity for releasing nutrients for crop production, instead of using inorganic fertilizers. This process at the same time produces humus (stable soil carbon) and thereby raises the soil’s carbon levels. As well, there is evidence that organic farming can have advantages in drought-conditions, such as higher yields compared to non-organic systems, because of the higher water-holding capacity of soils under organic management.
Practices to increase wood production and forest productivity: One of the most effective ways to sequestering carbon from the atmosphere is through carbon fixation in wood. Thus, applying techniques that promote high wood yield and productivity may be an effective mitigation strategy.
Permanent soil cover (including cover crops): The maintenance of permanent soil cover through crops, crop residues or cover crops increases soil organic matter Surface mulch cover also acts to protect soil from excess temperatures and evaporation losses and can reduce crop water requirements by 30% (FAO, 2007).
Pest, disease and weed management practices: The introduction of new cultivated species and improved varieties of crop is a technology aimed at enhancing plant productivity, quality, health and nutritional value and/or building crop resilience to diseases, pest organisms and environmental stresses. Crop diversification refers to the addition of new crops or cropping systems to agricultural production on a particular farm
Reducing energy use: Energy-related greenhouse gas emissions from the agricultural sector can be reduced in a number of ways, including the use of more fuel-efficient machinery
Restoration: Forest restoration in general can result in net emissions reduction as forests sequester more carbon than it loses.
Replacing fossil fuels by renewable energy sources: Fossil fuels used in machinery/vehicles may be responsible for large CO2e emissions. Thus, transitioning to renewable fuels is an alternative to reduce these emissions.
Restoration of degraded lands and cultivated organic soils: Agricultural soil is a dynamic biological system that both stores and releases greenhouse gases. Whether or not the soil acts as a net source of CO2e or a net sink for CO2 can be influenced by soil management. By increasing soil organic matter levels growers can decrease CO2e emissions and increases the soil carbon sink.
Rice management: Cultivated wetland rice soils emit significant quantities of methane. Emissions during the growing season can be reduced by many practices. For example, draining the wetland rice once or several times during the growing season effectively reduces methane emissions
Seed variety selection: Varietal selection of seeds to minimize GHGs.
Selective logging: Techniques used to harvest trees of commercial interest, ensuring the integrity of structure and functionality of natural forests are beneficial for climate change mitigation. Selective logging may represent emissions reductions compared with other harvesting techniques.
Selecting species to maximize carbon capture: Carbon sequestration rates vary according to plant species. For forest plantations or in restoration projects, fast-growth species may be selected to accelerate carbon capture.
Species introduction: Introducing grass species with higher productivity or carbon allocation to deeper roots has been shown to increase soil carbon. For example, introducing legumes into grazing lands can promote soil carbon storage.
Timing of farm operations: A diversity of crop types and varieties are grown in rotation can help spread the risk of losing an entire year's production. Some producers also stagger their seeding and therefore harvesting dates by choosing a variety of crops that require a range of growing conditions so that crops are at different stages (and therefore more or less vulnerable) if and when climate/weather conditions start having a negative impact. A longer and warmer growing season may allow earlier planting and harvesting dates, so that the extremely arid conditions of late summer are avoided.
Waste management: The disposal and treatment of waste can produce emissions of several greenhouse gases (GHGs), which contribute to global climate change. Sustainable waste management encourages the generation of less waste, the re-use of consumables, and the recycling and recovery of waste that is produced.
Water Management: Irrigation measures can enhance carbon storage in soils through enhanced yields and residue returns. The drainage of agricultural lands in humid regions can also promote productivity (and hence soil carbon) and suppress nitrous oxide emissions by improving aeration.
A broad range of agricultural water management practices and technologies are available to spread and buffer production risks. Enhancing residual soil moisture through land conservation techniques assists significantly at the margin of dry periods while buffer strips, mulching and zero tillage help to mitigate soil erosion risk in areas where rainfall intensities increase. The inter-annual storage of excess rainfall and the use of resource efficient irrigation remain the only guaranteed means of maintaining cropping intensities.
The use of artificial systems to improve water use/availability and protect against soil erosion, is also considered to be an adaptation mechanism.
Glossary - Climate Change
- Acquisition: Obtaining ownership and control by one firm, in whole or in part, of another firm or business entity.
- Adaptation: Adjustment to climate change current or expected effects so the consequences to the business and environment are alleviated and beneficial opportunities are realized.
- Attribute: Descriptive or performance characteristics of a particular generation resource. For Scope 2 GHG accounting, the GHG emission rate attribute of the energy generation is required to be included in a contractual instrument in order to make a claim.
- Best available technique (BAT): Best available technique (BAT) refers to the available techniques which are the best for preventing or minimizing emissions and impacts on the environment. BAT include both the technology used, and the way your installation is designed, built, maintained, operated and decommissioned.
- Biogas: A gas derived principally from the anaerobic fermentation of biomass and solid wastes and combusted to produce heat and/or power. Included in this category are landfill gas and sludge gas (sewage gas and gas from animal slurries) and other biogas.
- Biogenic carbon: This refers to carbon which is contained in biomass (both above-ground and below-ground), dead organic matter, soil organic matter, and harvested products.
- Board: Or “Board of Directors” refers to a body of elected or appointed members who jointly oversee the activities of a company or organization. Some countries use a two-tiered system where “board” refers to the “supervisory board” while “key executives” refers to the “management board".
- C-suite: A term used to collectively refer to the most senior executive team.
- Capital allocation: Refers to distributing and investing a company's financial resources in ways that will increase its efficiency and maximize its profits. Some options for allocating capital could include returning cash to shareholders via dividends, repurchasing shares of stock, issuing a special dividend, or increasing a research and development (R&D) budget. Alternatively, the company may opt to invest in growth initiatives, which could include acquisitions and organic growth expenditures.
- Capital expenditure: A measure of the value of purchases of fixed assets such as property, buildings, an industrial plant, technology, or equipment. Put differently, CapEx is any type of expense that a company capitalizes, or shows on its balance sheet as an investment, rather than on its income statement as an expenditure.
- Carbon capture and storage (CCS): As defined by the IEA, a family of technologies and techniques that enable the capture of carbon dioxide (CO2) from fuel combustion or industrial processes, the transport of CO2 via ships or pipelines, and its storage underground, in depleted oil and gas fields and deep saline formations.
- Carbon capture, utilization and storage (CCUS): A family of technologies and techniques in which carbon dioxide (CO2) is captured and utilized/used. Examples of direct utilization include CO2 use in the food and drink industry and for enhanced oil recovery. CO2 can also be converted into chemicals or fuels. If CO2 is stored but not utilized, then the process should be classified as CCS.
- Climate-related risk: In line with the TCFD, this refers to the potential negative impacts of climate change on an organization. Physical risks emanating from climate change can be event-driven (acute) such as increased severity of extreme weather events (e.g., cyclones, droughts, floods, and fires). They can also relate to longer-term shifts (chronic) in precipitation, temperature and increased variability in weather patterns (e.g., sea level rise). Climate-related risks can also be associated with the transition to a lower-carbon global economy, the most common of which relate to policy and legal actions, technology changes, market responses, and reputational considerations.
- Climate-related opportunity: In line with the TCFD, this refers to the potential positive impacts on an organization resulting from efforts to mitigate and adapt to climate change, such as through resource efficiency and cost savings, the adoption and utilization of low-emission energy sources, the development of new products and services, and building resilience along the supply chain. Climate-related opportunities will vary depending on the region, market, and industry in which an organization operates.
- Combustion: Combustion refers to combustion within the company’s boundary giving rise to emissions of CO2, N2O, and CH4. Sources may include boilers, heaters, furnaces, incinerators, internal combustion engines, and turbines. Scope 1 GHG emissions exclude emissions of CO2 arising from the combustion and fermentation of biomass and biofuels; these emissions are reported as a separate category.
- Company: Throughout this questionnaire, “your company” refers collectively to all the companies, businesses, organizations, other entities or groups that fall within your definition of the reporting boundary.This term is used interchangeably with “your organization”, but CDP recognizes that some disclosing organizations may not consider themselves to be, or be formally classified, as “companies”.
- Consolidation approach: The identification of companies, businesses, organizations etc. for inclusion within the reporting boundary of the responding organization is known as the “consolidation approach”. The way in which you report information for the companies that are included within the reporting boundary is known as the “consolidation approach” because, unless stated otherwise, the information you provide in response to the questionnaire should be presented as one “consolidated” result covering all of the companies, entities, businesses etc within your reporting boundary. The GHG Protocol states that two distinct approaches may be used to consolidate GHG emissions; the equity share and the control approaches. Control can be defined in either financial (financial control) or operational (operational control) terms.
- Consumption: Consumption includes the use of goods, waste disposal and end of life treatment of products sold by the reporting organization.
- Contractual instrument (or 'instrument'): Any type of contract between two parties for the sale and purchase of energy bundled with attributes about the energy generation, or for unbundled attribute claims. Markets differ as to what contractual instruments are commonly available or used by companies to purchase energy or claim specific attributes about it, but they can include energy attribute certificates (e.g. RECs, GOs), direct contracts (PPAs), green tariffs and other instruments.
- Direct costs: Also known as “costs of goods or services sold”. These expenses can be attributed to the manufacture of a particular product or the provision of a particular service.
- Divestment: A process for selling assets for financial, environmental, political or social goals.
- Electricity: In line with GHG Protocol, this term is used as shorthand for electricity, steam, and heating/cooling. Purchased electricity is defined as electricity that is purchased or otherwise brought into the organizational boundary of the company. Scope 2 emissions physically occur at the facility where electricity is generated.
- Energy attribute certificates: A category of contractual instruments used in the energy sector to convey information about energy generation to other entities involved in the sale, distribution, consumption, or regulation of electricity.
- Feedstocks: Feedstocks are raw materials, ranging from fossil fuels to biomass-based resources. These materials are fed into a process, and converted into other commodities or resources, which are either used directly or further transformed . For example, in the steel industry, coking coal is converted to coke, which is used in the steel production. In the petrochemical industry, gaseous feedstocks (ethane, propane, or butane) are used to produce high value chemicals.
- Financial planning: In line with the TCFD recommendations, refers to an organization’s consideration of how it will achieve and fund its objectives and strategic goals. Financial planning allows organizations to assess future financial positions and determine how resources can be utilized in pursuit of short- and long-term objectives. As part of financial planning, organizations often create “financial plans” that outline the specific actions, assets, and resources (including capital) necessary to achieve these objectives over a 1- 5 year period. However, financial planning is broader than the development of a financial plan as it includes long-term capital allocation and other considerations that may extend beyond the typical 3-5 year financial plan (e.g., investment, research and development, manufacturing, and markets).
- Fugitives: Fugitives comprises all intentional or unintentional releases of carbon dioxide (CO2) methane (CH4) and other greenhouse gases. The primary sources of these emissions may include fugitive equipment leaks, evaporation losses, venting, flaring and accidental releases. Further examples of leak sources include valves, fittings, flanges, compressor seals, other compressor related leaks, heaters, dehydrators, and pipelines. Accidental fugitive emissions can be individually found and fixed in order to make the emissions near zero. Emissions from non-point sources, such as wastewater treatment and surface impoundments, should be accounted for under fugitive emissions.
- gCO2/kWh: Grams of carbon dioxide (gCO2) per kilowatt hour (kWh)of electricity consumed.
- gCO2e/kWh: Grams of carbon dioxide equivalents (CO2e) emitted per kilowatt hour (kWh) of electricity consumed. CO2-equivalents allow for other Greenhouse Gases (GHGs) to be expressed in relation to CO2 based on their Global Warming Potentials (GWPs).
- GHG inventory: A quantified list of an organization’s greenhouse gas emissions and sources.
- Global warming potential (GWP): The Intergovernmental Panel on Climate Change (IPPC)’s Fifth Assessment Report (AR5) defines the Global Warming Potential (GWP) as “an index, based on radiative properties of greenhouse gases, measuring the radiative forcing following a pulse emission of a unit mass of a given greenhouse gas in the present day atmosphere integrated over a chosen time horizon, relative to that of carbon dioxide. The GWP represents the combined effect of the differing times these gases remain in the atmosphere and their relative effectiveness in causing radiative forcing. The Kyoto Protocol is based on GWPs from pulse emissions over a 100-year time frame.” By using GWPs, GHG emissions from multiple gases can be standardized to a carbon dioxide equivalent (CO2e).
- Greenhouse gases: In line with Kyoto Protocol to the United Nations Framework Convention on Climate Change (UNFCCC) and amendment issued by the Greenhouse Gas Protocol on May 2013 the basket of greenhouse gases (GHGs) consists of:
- Carbon dioxide (CO2);
- Methane (CH4);
- Nitrous oxide (N2O);
- Hydrofluorocarbon family of gases (HFCs);
- Perfluorocarbon family of gases (PFCs);
- Sulfur hexafluoride (SF6), and;
- Nitrogen trifluoride (NF3).
Nitrogen trifluoride (NF3) is now considered a potent contributor to climate change and is therefore mandated to be included in national inventories under the UNFCCC. NF3 should also be included in GHG inventories under the GHG Protocol Corporate Standard, and the GHG Protocol Corporate Value Chain (Scope 3) Standard.
- Heating Value: Lower heating value (LHV) and Higher heating value (HHV), also known as net calorific value (NCV) and gross calorific value (GCV) respectively, are different measures of heat energy released from fuel combustion. Figures measured in HHV are larger because HHV includes the latent heat of water vaporization from combustion, whereas LHV does not. The difference between LHV and HHV is related to the fuel’s hydrogen content.
- Indirect (operating) costs: Refers to the essential expenses incurred in order to maintain the business including wages, rent, transport, energy (electricity, fuel, etc.), maintenance, and so on. These expenses cannot be attributed to the manufacture of a particular product or the provision of a particular service - they are standard costs that apply regardless of the volume of goods produced.
- Intensity metrics : Intensity metrics describe an organization’s CO2e emissions in the context of another business metric. In this way, the emissions are normalized to account for growth. Intensity is calculated by dividing the CO2e emissions figure (the numerator) by an alternative business metric (the denominator), such as the number of full-time equivalent employees, the revenue or tons of aggregate produced.
- Land use: Land use is based on the functional dimension of land for different human purposes or economic activities. Typical categories for land use are dwellings, industrial use, transport, recreational use or nature protection areas. Additional land use metrics can relate to the climate-related arrangements, activities, and inputs regarding these categories that organizations engage in, and can include land use change and land use management metrics.
- Low-carbon energy: In line with the IEA definition, low-carbon technologies are technologies that produce low – or zero – greenhouse-gas emissions while operating. In the power sector this includes fossil-fuel plants fitted with carbon capture and storage, nuclear plants and renewable-based generation technologies. Natural gas, combined cycle gas turbine and fossil fuel-based combined heat and power (cogeneration), despite being less carbon intensive than other means of electricity production like coal, are not considered low-carbon.
- Low-carbon product or service: Despite the increasing focus on low-carbon investments, there is no precise and generally accepted definition of low-carbon products/services. It can be loosely defined as a product or service that leads to an absolute reduction in GHG emissions or to reduced carbon intensity of an activity. To define whether the product or service is low-carbon, CDP encourages the use of existing industry taxonomies and frameworks such as the Climate Bonds Taxonomy, the Global Investor Coalition on Climate Change’s Low Carbon Investment Registry, and the EU Taxonomy for Environmentally Sustainable Economic Activities.
- Low-carbon transition plan: A plan on how to transition the company to a business model compatible with a net-zero carbon economy. The Oxford Martin Net Zero Carbon Investment Initiative proposes a set of principles to facilitate engagement between investors and companies on long-term climate strategies. According to these principles, companies should: (1) Commit to a timeframe to reach net-zero emissions in line with the Paris goals; (2) Demonstrate that they will be able to continue to be profitable once they reach net-zero emissions; and (3) Set quantitative mid-term targets to be able to demonstrate progress against their long-term goals. The transition plan defines how the business model, its associated products and production methods, growth strategy and capital investments need to develop over time to respond to climate-related risks and to capitalize on opportunities. A transition plan is therefore a plan that outlines how a company will transition from where it is now to where it needs to get to in order to thrive in a net-zero carbon world in the future.
- Mainstream reports: In line with CDSB, this refers to the annual reporting packages in which organizations are required to deliver their audited financial results under the corporate, compliance or securities laws of the country in which they are incorporated or, if relevant, operate. Mainstream reports are traditionally publicly available. They provide information to existing and prospective investors about the financial position and financial performance of the organisation. The exact provisions under which companies are required to deliver mainstream financial reports differ internationally, but will generally contain financial statements and other financial reporting, including governance statements and management commentary.
- Metric tons of CO2 (tCO2): a metric ton of carbon dioxide (CO2) has a mass of 1000 kg, equivalent to 2204.62 lbs. The “long ton”, a term generally used in Britain, is equivalent to 2,240lbs and the “short ton” is generally used in the USA and is equivalent to 2,000 lbs.
- Metric tons of CO2-equivalent (tCO2e): a metric that allows for other Greenhouse Gases (GHGs) to be expressed in relation to CO2 based on their Global Warming Potentials (GWPs). A metric ton is 1000 kg, equivalent to 2204.62 lbs.
- Mitigation: or "climate change mitigation" refers to efforts to reduce or prevent emission of greenhouse gases.
- Organization: Throughout this questionnaire, “your organization” refers collectively to all the companies, businesses, other entities or groups that fall within the definition of your reporting boundary (provided in C0.5). This term is used interchangeably with “your company”. CDP recognizes that some disclosing organizations may not consider themselves to be, or be formally classified, as “companies”.
- Process emissions: emissions from industrial production processes which chemically or physically transform materials (e.g. CO2 from the calcinations step in cement manufacturing, CO2 from catalytic cracking in petrochemical processing, PFC emissions from aluminum smelting, etc.)
- Purchased or acquired electricity, steam, heat, and/or cooling: Specific information on these energy carriers can be found in section 5.3.1 and Appendix A of the GHG Protocol Scope 2 Guidance. The terms ‘purchased’ and ‘acquired’ are used when your organization has received the energy from a third party. This rules out energy that is sourced from within the organizational/sector boundary. It should be noted that purchased or acquired heat does not include the heat content, or calorific value, of fuels that are purchased or acquired by the organization. This is accounted for at the point of fuel consumption, which falls inside the Scope 1 boundary. You should also be aware that steam, heat or cooling received via direct line as ‘waste’ from an industrial process, should still be accounted for if it is consumed.
- Renewable energy: CDP follows the definition of renewable energy given in the GHG Protocol: “Energy taken from sources that are inexhaustible, e.g. wind, water, solar, geothermal energy and biofuels.”
- Reporting boundary: This determines which organizational entities, such as groups, businesses and companies, are included in or excluded from your disclosure. These may be included according to your financial control, operational control, equity share or another measure. Please consistently apply this organizational boundary when responding to questions unless you are specifically asked for data about another category of activities.
- Research and development (R&D): Refers to the activities companies undertake to innovate and introduce new products and services. It is often the first stage in the development process. Investment in R&D is a type of operating expense associated with the research and development of a company's goods or services
- Revenue: Income arising in the course of an entity’s ordinary activities (less returns, allowances and discounts) - before deducting costs for the goods/services sold and operating expenses to arrive at profit (based on the International Financial Reporting Standard)
- Risk management: Risk management involves identifying, assessing and responding to risk to make sure organizations achieve their objectives. It must be proportionate to the complexity and type of organization involved (based on Institute of Risk Management, 2016).
- Scenario analysis: A scenario describes a potential path of development that will lead to a particular outcome or goal. Scenario analysis is the process of highlighting central elements of a possible future and drawing attention to key factors (or critical uncertainties). It is a tool to enhance critical strategic thinking by challenging “business-as-usual” assumptions, and to explore alternatives based on their relative impact and likelihood of occurrence. Scenarios are not forecasts or predictions, but tools to describe potential pathways that lead to a particular outcome or goal.
- Qualitative scenarios: A high level, narrative approach to scenario analysis, suitable for organizations familiarizing themselves with the process. Qualitative scenario analysis explores relationships and trends for which little or no numerical data is available.
- Quantitative scenarios: A more detailed method for conducting scenario analysis, with greater rigor and sophistication in the use of data sets and quantitative models which may warrant further analysis. Quantitative scenario analysis can be used to assess measurable trends and relationships using models and other analytical techniques.
- 2°C or lower scenario: A core element of the TCFD’s Strategy recommendation c) “Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario”. A 2°C scenario provides a reference point that is generally aligned with the objectives of the Paris Agreement. There are publicly available scenarios (such as IEA 2DS, IEA 450, Deep Decarbonization Pathways Project, and International Renewable Energy Agency) organizations can use, as a direct tool, or a reference point for tailored scenarios.
- Publicly available 2°C scenarios: Taken from the TCFD recommendations, “Publicly available 2°C scenarios” refer to 2°C scenarios which are:
- used/referenced and issued by an independent body;
- wherever possible, supported by publicly available datasets;
- updated on a regular basis; and
- linked to functional tools (e.g., visualizers, calculators, and mapping tools) that can be applied by organizations.
- Sequestration of CO2: The fixation of atmospheric carbon dioxide in a carbon sink through biological or physical processes.
- Strategy: In line with TCFD recommendations, refers to an organization’s desired future state. An organization’s strategy establishes a foundation against which it can monitor and measure its progress in reaching that desired state. Strategy formulation generally involves establishing the purpose and scope of the organization’s activities and the nature of its businesses, taking into account the risks and opportunities it faces and the environment in which it operates.
- Substantive impact: An impact that has a considerable or relatively significant effect on an organization at the corporate level. This could include operational, financial or strategic effects that undermine the entire business or part of the business.
Terms for responding to Investors (2020 Climate Change)
These terms apply if you are submitting a response to the CDP Climate Change Questionnaire 2020 to Investors. If you are also submitting a response to Supply Chain Members the Terms for responding to Supply Chain Members (2020 Climate Change), below, will also apply.
1.DEFINITIONS
Billing Company: means the organization determined in accordance with the table at the end of these terms.
CDP: means CDP Worldwide, a charitable company registered with the Charity Commission of England and Wales (registered charity no. 1122330 and a company number 05013650). References to “we”, “our” and “us” in these terms are references to CDP and the Billing Company.
Deadline: means 26 August 2020.
Fee: means the fee set out in the table at the end of these terms, which is exclusive of any applicable taxes.
Full Version: means the version of the Questionnaire which contains all questions that are applicable to you.
Minimum Version: means the version of the Questionnaire which contains a subset of the questions included in the Full Version.
Personal Data: means data which relates to an individual who can be identified from the data, such as a person’s name and job title.
Questionnaire: means the Full Version and the Minimum Version of the CDP Climate Change Questionnaire 2020.
Responding Company: means the company responding to the Questionnaire. References to “you” and “your” in these terms are references to the Responding Company.
2.PARTIES
The parties to these terms shall be CDP, the Billing Company (where the Billing Company is not CDP) and the Responding Company.
3.THESE TERMS
These are the terms that apply when you submit a response to our Questionnaire to Investors. If you do not agree to these terms, please contact us at [email protected] to discuss them with us.
4.RESPONDING TO OUR QUESTIONNAIRE
General. When responding to our Questionnaire, you will be given a choice as to whether your response can be made public or whether your response is non-public. We strongly encourage you to make your response public.
Deadline for responding. You must submit your response to us using our online response system by the Deadline for your response to be eligible for scoring. If you submit your response after the Deadline but on or before 30 September 2020 (the date our online response system will close in 2020) it will not be scored and may not be included in any report, data product or other analysis.
Public responses. If you agree that your response can be made public, we may use and make it available for all purposes that we decide (whether for a fee or otherwise), including, for example, making your response available on our website, to our investor signatories and other third parties and scoring your response.
Non-public responses. If your response is non-public, we may use it only as follows:
(a) make it available as soon as it is received by CDP to our investor signatories from time to time (as listed on our website) either directly or through Bloomberg terminals, for any use within their organizations but not for publication unless any data from your response has been anonymized or aggregated in such manner that it has the effect of being anonymized;
(b) make it available as soon as it is received by CDP to our group companies, companies we license to operate using the CDP name and brand (for example, CDP North America, Inc and CDP Europe AISBL), our country partners, research partners, report writers and scoring partners (each from time to time):
(i) to score your response; and
(ii) for any other use within their organizations but not for publication unless any data from your response has been anonymized or aggregated in such manner that it has the effect of being anonymized.
Amending your response. You may amend a response you have submitted before the Deadline (26 August 2020). To do so you must notify us that you wish to amend your response by 20 August 2020 and you must resubmit it by the Deadline for your response to be eligible for scoring. From 21 August 2020, amendments to submitted responses can only be made by our staff and at our discretion and we may charge a fee for making them. Most such amendments to your response will be made from 2 November 2020 at the earliest. Please note that the final date for requesting an amendment is 30 November 2020 and any changes you request to your submitted response from 21 August 2020 may not be reflected in any score, report, data product or other analysis or use of your response. Please email [email protected] for more information about amending your response.
Scoring of responses to the Full Version (of the Questionnaire). If you submit your response to the Full Version in English using our online response system by the Deadline, your response will be scored.
Please contact your local CDP office for information about scoring if you intend to submit your response in a language other than English.
Scoring of responses to the Minimum Version (of the Questionnaire). Responses to the Minimum Version will only be scored in certain circumstances. Please contact your local CDP office for further information.
Publication and use of scores. If you are responding to a CDP Climate Change Questionnaire for the first time you may choose for your score to be “private” but in all other cases CDP may publish your score, and use and make it available for all purposes that we decide (whether for a fee or otherwise), regardless of whether your response is public or non-public. If you choose for your score to be “private”, unless you achieve an A grade in which case we may make your score public, we may only make it available to our group companies, companies we license to operate using the CDP name and brand, our country partners, research partners, report writers and scoring partners (each from time to time), in each case for any use within their organizations but not for publication. Note that if you also submit your response to Supply Chain Members it will also be available to any Supply Chain Member that has asked you to respond to the Questionnaire. For further details please see the Terms for responding to Supply Chain Members (2020 Climate Change).
5.FEE
Fee. We are a not-for-profit organization and charge certain companies an annual administrative fee to enable us to maintain the disclosure system. Unless you are exempt from paying the Fee, as set out below, if you are listed, incorporated or headquartered in a country/region that is listed in the next paragraph, you are required to pay the Fee plus any applicable taxes. The Fee is payable once regardless of how many responses (climate change, forests and water security) you submit in 2020. Please note that we may charge an additional fee if you want to amend your response after the Deadline or if you submit your response after the Deadline and you would like it to be scored.
Countries/regions where the Fee applies. A Responding Company will be required to pay the Fee if it is listed, incorporated or headquartered in any one of the following countries/regions:
Algeria, Argentina, Australia, Austria, Bahamas, Bahrain, Belarus, Belgium, Bermuda, Brazil, Canada, Cayman Islands, Channel Islands, Chile, Colombia, Denmark, Egypt, Finland, France, Gabon, Germany, Hong Kong, Iceland, India, Indonesia, Iran (Islamic Republic of), Ireland, Israel, Italy, Japan, Kazakhstan, Kenya, Kuwait, Luxembourg, Malaysia, Mexico, Mongolia, Netherlands, New Zealand, Nigeria, Norway, Oman, Pakistan, Peru, Philippines, Portugal, Qatar, Russian Federation, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, United Arab Emirates, the UK or the USA.
Exemptions from the Fee. A Responding Company is exempt from paying the Fee if:
(a) it falls within one of CDP’s investor samples and it has not submitted a response to CDP in the last three years; or
(b) it is responding only to CDP’s supply chain request.
Please note we will decide in our absolute discretion as to whether the Fee is payable or not and we will notify you before you submit your response. A full list of companies in our investor samples is available on our website.
Payment of the Fee. You must pay the Fee by credit or debit card or request an invoice via CDP’s online corporate dashboard, which must be paid within such time as set out in the invoice. Please note that you will not be able to submit your response unless you have paid the Fee, you have requested an invoice or you are exempt from paying the Fee.
6.RIGHTS IN THE RESPONSES
Ownership. All intellectual property rights in your response will be owned by you or your licensors.
License. You grant to us, or shall procure for us, a perpetual, irrevocable, non-exclusive, assignable, sub-licensable, royalty-free and global license to use your response and any copyright and data base rights in your response for the uses set out in these terms.
7.IMPORTANT REPRESENTATIONS
You confirm that:
(a) the person submitting the response to us is authorized by you to submit the response;
(b) you have obtained all necessary consents and permissions to submit the response to us; and
(c) the response that you submit:
(i) does not infringe the rights of any third party (including privacy, publicity or intellectual property rights);
(ii) does not defame any third party; and
(iii) does not include any Personal Data.
8.LIABILITY
We do not exclude or limit in any way our liability to you where it would be unlawful to do so. This includes liability for death or personal injury caused by our negligence or the negligence of our employees, agents or subcontractors; for fraud or fraudulent misrepresentation.
We are not liable for business losses. Subject to these terms, CDP and the Billing Company have no liability to you in any circumstances for any loss of revenue, loss of profit, loss of business, business interruption, loss of business opportunity, loss of goodwill, loss of reputation, loss of, damage to or corruption of data or software or any indirect or consequential loss or damage.
Exclusion of liability. Subject to these terms, CDP and the Billing Company have no liability to you in any circumstances arising from the content or submission of your response to us, our use of your response or your score and/or the use of your response or your score by any third parties.
Limitation of liability. Subject to these terms, CDP and the Billing Company’s total liability to you in all circumstances shall be limited to an amount equivalent to the Fee or to £785 if you are not required to pay the Fee.
9.GENERAL
We may transfer our rights to someone else. We may transfer our rights and obligations under these terms to another organization.
Nobody else has any rights under these terms. These terms are between you and us. No other person shall have any rights to enforce any of its terms.
Entire agreement. These terms constitute the entire agreement between you and us unless you also choose to share your response with supply chain members, in which case you will also be subject to our Terms for responding to Supply Chain Members (2020 Climate Change).
Variation. CDP (acting on its own behalf and the Billing Company’s behalf, if applicable) reserves the right to change these terms at any time. Such changes shall be effective immediately or such other time as CDP elects. In the event of any materially adverse changes, you may request to withdraw your response within 30 days of us notifying you of the change.
If a court finds part of these terms illegal, the rest will continue in force. Each of the paragraphs of these terms operates separately. If any court or relevant authority decides that any of them are unlawful, the remaining paragraphs will remain in full force and effect.
Governing law and jurisdiction. These terms are governed by English law and you and us both agree to the exclusive jurisdiction of the English courts to resolve any dispute or claim arising out of or in connection with these terms or their subject matter or formation.
Language. If these terms are translated into any language other than English, the English language version will prevail.
10.AMOUNT OF FEE
Location of Responding Company
|
Fee (exclusive of any applicable taxes)
|
Brazil
|
BRL 4,000
|
India
|
INR 67,000
|
Japan
|
JPY 97,500
|
UK
|
GBP 785
|
Europe (excluding UK)
|
EUR 925
|
Rest of the world
|
USD 975
|
11.BILLING COMPANY
Billing Company | Location of Responding Company |
---|
CDP Worldwide
| Algeria, Australia, Bahamas, Bahrain, Belarus, Bermuda, Cayman Islands, Channel Islands, Egypt, Gabon, Hong Kong, Indonesia, Iran (Islamic Republic of), Ireland, Israel, Kazakhstan, Kenya, Kuwait, Malaysia, Mongolia, New Zealand, Nigeria, Oman, Pakistan, Philippines, Qatar, Russian Federation, Saudi Arabia, Singapore, South Africa, South Korea, Taiwan, Thailand, Turkey, United Arab Emirates, United Kingdom
|
CDP Worldwide (Europe) gGmbH
| Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland
|
CDP North America, Inc
| Canada, USA
|
Carbon Disclosure Project (Latin America)
| Argentina, Brazil, Chile, Colombia, Mexico, Peru
|
CDP Operations India Private Limited | India
|
一般社団法人
CDP Worldwide-Japan
| Japan
|
If the Responding Company is located in a territory that is not listed in the table above, the Billing Company shall be CDP Worldwide.
Terms for responding to Supply Chain Members (2020 Climate Change)
These terms apply if you are submitting a response to the CDP Climate Change Questionnaire 2020 to Supply Chain Members. If you are also submitting a response to Investors the Terms for responding to Investors (2020 Climate Change), above, will also apply.
1.DEFINITIONS
CDP: means CDP Worldwide, a charitable company registered with the Charity Commission of England and Wales (registered charity no. 1122330 and a company number 05013650). References to “we”, “our” and “us” in these terms are references to CDP.
Deadline: means 26 August 2020.
Full Version: means the version of the Questionnaire which contains all questions that are applicable to you.
Minimum Version: means the version of the Questionnaire which contains a subset of the questions included in the Full Version.
Personal Data: means data which relates to an individual who can be identified from the data, such as a person’s name and job title.
Questionnaire: means the Full Version and the Minimum Version of the CDP Climate Change Questionnaire 2020.
Responding Company: means the company responding to the Questionnaire. References to “you” and “your” in these terms are references to the Responding Company.
Supply Chain Member: means an organization that is requesting data from its suppliers.
2.PARTIES
The parties to these terms shall be CDP and the Responding Company.
3.THESE TERMS
These are the terms that apply when you submit a response to our Questionnaire to Supply Chain Members. If you do not agree to these terms, please contact us at [email protected] to discuss them with us.
4.RESPONDING TO OUR QUESTIONNAIRE
General. When responding to our Questionnaire, you will be given a choice as to whether your response can be made public or whether your response is non-public. We strongly encourage you to make your response public, but in either case, we will not divulge the relationship between you and any Supply Chain Member that has asked you to respond other than to our group companies, companies we license to operate using the CDP name and brand (for example, CDP North America, Inc and CDP Europe AISBL), our country partners, research partners, report writers and scoring partners (each from time to time), all of which are obliged to keep such relationship confidential.
Deadline for responding. You must submit your response to us using our online response system by the Deadline for your response to be eligible for scoring. If you submit your response after the Deadline but on or before 30 September 2020 (the date our online response system will close in 2020) it will not be scored and may not be included in any report, data product or other analysis.
Public responses. If you agree that your response can be made public, we may use and make it available for all purposes that we decide (whether for a fee or otherwise), including, for example, making your response available on our website, to our investor signatories and other third parties and scoring your response. Note that information you submit within the Supply Chain module (2020 Climate Change) will be treated as non-public (see below for details).
Non-public responses. If your response is non-public, we may use it only as follows:
(a) make it available as soon as it is received by CDP to any Supply Chain Member that has asked you to respond to the Questionnaire for any use within their organization but not for publication unless any data from your response has been anonymized or aggregated in such manner that it has the effect of being anonymized;
(b) make it available as soon as it is received by CDP to our group companies, companies we license to use the CDP name and brand, our country partners, research partners, report writers and scoring partners (each from time to time):
(i) to score your response; and
(ii) for any other use within their organizations but not for publication unless any data from your response has been anonymized or aggregated in such manner that it has the effect of being anonymized.
Supply Chain module (2020 Climate Change). Information you submit in response to the Supply Chain module (2020 Climate Change) (questions SC0, SC1, SC2, SC3 and SC4 of the Questionnaire) will be treated as non-public even if you choose to make your response public. Questions SC1.1, SC2.1, SC2.2a, SC3.1a and SC4.2e ask you to select a Supply Chain Member using a drop-down menu in our online response system, and only the Supply Chain Member you select for each row will have access to the information in it. For all other questions in the Supply Chain module (2020 Climate Change) the information you submit will be accessible to any Supply Chain Member that has asked you to respond to the Questionnaire. All information you submit in the Supply Chain module (2020 Climate Change) will be accessible to CDP and to our group companies, companies we license to operate using the CDP name and brand, our country partners, research partners, report writers and scoring partners (each from time to time), all of which are obliged to keep such information confidential.
Amending your response. You may amend a response you have submitted before the Deadline (26 August 2020). To do so you must notify us that you wish to amend your response by 20 August 2020 and you must resubmit it by the Deadline for your response to be eligible for scoring. From 21 August 2020, amendments to submitted responses can only be made by our staff and at our discretion and we may charge a fee for making them. Most such amendments to your response will be made from 2 November 2020 at the earliest. Please note that the final date for requesting an amendment is 30 November 2020 and any changes you request to your submitted response from 21 August 2020 may not be reflected in any score, report, data product or other analysis or use of your response. Please email [email protected] for more information about amending your response.
Scoring of responses to the Full Version (of the Questionnaire). If you submit your response to the Full Version in English using our online response system by the Deadline your response will be scored.
Please contact your local CDP office for information about scoring if you intend to submit your response in a language other than English.
Scoring of responses to the Minimum Version (of the Questionnaire). Responses to the Minimum Version will only be scored in certain circumstances. Please contact your local CDP office for further information.
Publication of scores. Unless you achieve an A grade, in which case we may make your score public, we may only make your score available to any Supply Chain Member that has asked you to respond to the Questionnaire, our group companies, companies we license to operate using the CDP name and brand, our country partners, research partners, report writers and scoring partners (each from time to time), in each case for any use within their organizations but not for publication.
5.RIGHTS IN THE RESPONSES
Ownership. All intellectual property rights in your response will be owned by you or your licensors.
License. You grant to us, or shall procure for us, a perpetual, irrevocable, non-exclusive, assignable, sub-licensable, royalty-free and global license to use your response and any copyright and data base rights in your response for the uses set out in these terms.
6.IMPORTANT REPRESENTATIONS
You confirm that:
(a) the person submitting the response to us is authorized by you to submit the response;
(b) you have obtained all necessary consents and permissions to submit the response to us; and
(c) the response that you submit:
(i) does not infringe the rights of any third party (including privacy, publicity or intellectual property rights);
(ii) does not defame any third party; and
(iii) does not include any Personal Data.
7.LIABILITY
We do not exclude or limit in any way our liability to you where it would be unlawful to do so. This includes liability for death or personal injury caused by our negligence or the negligence of our employees, agents or subcontractors; for fraud or fraudulent misrepresentation.
We are not liable for business losses. Subject to these terms, CDP has no liability to you in any circumstances for any loss of revenue, loss of profit, loss of business, business interruption, loss of business opportunity, loss of goodwill, loss of reputation, loss of, damage to or corruption of data or software or any indirect or consequential loss or damage.
Exclusion of liability. Subject to these terms, CDP has no liability to you in any circumstances arising from the content or submission of your response to us, our use of your response or your score and/or the use of your response or your score by any third parties.
Limitation of liability. Subject to these terms, CDP’s total liability to you in all circumstances shall be limited to £785.
8.GENERAL
We may transfer our rights to someone else. We may transfer our rights and obligations under these terms to another organization.
Nobody else has any rights under these terms. These terms are between you and us. No other person shall have any rights to enforce any of its terms.
Entire agreement. These terms constitute the entire agreement between you and us, unless you also choose to share your response with investors in which case you will also be subject to our Terms for responding to Investors (2020 Climate Change).
Variation. CDP reserves the right to change these terms at any time. Such changes shall be effective immediately or such other time as CDP elects. In the event of any materially adverse changes, you may request to withdraw your response within 30 days of us notifying you of the change.
If a court finds part of these terms illegal, the rest will continue in force. Each of the paragraphs of these terms operates separately. If any court or relevant authority decides that any of them are unlawful, the remaining paragraphs will remain in full force and effect.
Governing law and jurisdiction. These terms are governed by English law and you and us both agree to the exclusive jurisdiction of the English courts to resolve any dispute or claim arising out of or in connection with these terms or their subject matter or formation.
Language. If these terms are translated into any language other than English, the English language version will prevail.
About CDP
CDP is an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests.
Voted number one climate research provider by investors and working with institutional investors with assets of US$96 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts.
Please visit www.cdp.net or follow us @CDP to find out more.
What is the legal status of CDP?
CDP Worldwide (CDP) is a UK Registered Charity no. 1122330 and a company limited by guarantee registered in England no. 05013650. The charity has wholly owned subsidiaries in Germany and China and companies in Australia, Brazil and India over which it exercises control through majority Board representation. In the US, CDP North America, Inc. is an independently incorporated affiliate which has United States IRS 501(c)(3) charitable status.
© 2020 CDP Worldwide
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