(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 last year
No change
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
Electric Utilities
Oil and Gas
|
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
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: CDP broadly defines a low-carbon product/service as a product or service which has comparatively lower emissions across its entire life cycle (i.e. from material acquisition through to product end-of-life) when compared to a baseline (business-as-usual) scenario or reference product of a similar function. Note that a product can only be considered low-carbon if its production and use does not prevent and/or contributes to reaching net-zero by 2050 or sooner. 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 IEA Energy Technology Perspectives (ETP) Clean Energy Technology Guide, 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 expense associated with the research and development of a company's goods or services.
