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CDP Climate Change 2019 Scoring Methodology

(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.

Response options

Please complete the following table. For clarity, the table is displayed over several rows. 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 Type of financial impact Company-specific description Time horizon
Select from:



  • Opp1 - Opp100

Select from:

  • Direct operations
  • Supply Chain
  • Customer
  • Investment chain

Select from:

  • Resource efficiency
  • Energy source
  • Products and services
  • Markets
  • Resilience

See drop-down options below

See drop-down options below

Text field [maximum 2,400 characters]

Select from:

  • Current
  • Short-term
  • Medium-term
  • Long-term
LikelihoodMagnitude of impactAre 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]

Numerical field [enter a number from 0 to 999,999,999,999,999 using up to 2 decimal places]

Explanation of financial impact figureStrategy to realize opportunityCost to realize opportunity Comment
Text field [maximum 1,000 characters]Text field [maximum 1,500 characters]Numerical field [enter a number from 0 to 999,999,999,999,999 using up to 2 decimal places]Text field [maximum 1,000 characters]

[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

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
 Products and services
  • Development and/or expansion of low emission goods and services
  • Development of climate adaptation and insurance risk solutions
  • Development of new products or services through R&D and innovation
  • Ability to diversify business activities
  • Shift in consumer preferences
  • Other

Markets

  • Access to new markets
  • Use of public-sector incentives
  • Access to new assets and locations needing insurance coverage
  • Other

Resilience

  • Participation in renewable energy programs and adoption of energy-efficiency measures
  • Resource substitutes/diversification
  • Other

Type of financial impact drop-down options (column 5)

Select one of the following options:

Resource efficiency
  • Reduced operating costs (e.g., through efficiency gains and cost reductions)
  • Increased production capacity, resulting in increased revenues
  • Increased value of fixed assets (e.g., highly rated energy-efficient buildings)
  • Benefits to workforce management and planning (e.g., improved health and safety, employee satisfaction resulting in lower costs)
  • Other, please specify

Energy source

  • Reduced operational costs (e.g., through use of lowest cost abatement)
  • Reduced exposure to future fossil fuel price increases
  • Reduced exposure to GHG emissions and therefore less sensitivity to changes in cost of carbon
  • Returns on investment in low-emission technology
  • Increased capital availability (e.g., as more investors favor lower-emissions producers)
  • Reputational benefits resulting in increased demand for goods/services
  • Other, please specify
Products and services
  • Increased revenue through demand for lower emissions products and services
  • Increased revenue through new solutions to adaptation needs (e.g., insurance risk transfer products and services)
  • Better competitive position to reflect shifting consumer preferences, resulting in increased revenues
  • Other, please specify

Markets

  • Increased revenues through access to new and emerging markets (e.g., partnerships with governments, development banks)
  • Increased diversification of financial assets (e.g., green bonds and infrastructure)
  • Other, please specify

Resilience

  • Increased market valuation through resilience planning (e.g., infrastructure, land, buildings)
  • Increased reliability of supply chain and ability to operate under various conditions
  • Increased revenue through new products and services related to ensuring resiliency
  • Other, please specify

C2.4a - Scoring criteria

Disclosure scoring criteria

The column "Where in the value chain does the opportunity occur?" must be completed for a row to be eligible for Disclosure points.

If three or more opportunities have been disclosed:

Points will be awarded per completed cell in proportion to the number of rows disclosed. Partially completed rows will not receive full points. A maximum of 12 points are available for this question.

If fewer than three opportunities have been disclosed:

Points will be awarded per completed cell in proportion to the number of rows disclosed. Partially completed rows will not receive full points. A maximum of 4 points are available per row.

Note, for the column “Are you able to provide a potential financial impact figure?” and its associated columns “Potential financial impact figure - (currency)”; “Potential financial impact figure - minimum (currency)” and “Potential financial impact figure - maximum (currency)”, the following combinations are considered equivalent to a single completed cell:

- “Yes, a single figure estimate” is selected in column “Are you able to provide a potential financial impact figure?” AND a figure is provided in column “Potential financial impact figure - (currency)”
- “Yes, an estimated range” is selected in column “Are you able to provide a potential financial impact figure?” AND a figure is provided in column “Potential financial impact figure - minimum (currency)” AND a figure is provided in column “Potential financial impact figure - maximum (currency)”
- “No, we do not have this figure” is selected in column “Are you able to provide a potential financial impact figure?”

Awareness scoring criteria

If three or more opportunities have been disclosed:

- Up to 12 points will be awarded in proportion to the number of complete rows (excluding column "Cost to realize opportunity" or “Strategy to realize opportunity”), with any option except "Unknown" selected in columns "Time horizon", "Likelihood" and "Magnitude of impact"

If fewer than three opportunities have been disclosed:

- For each complete row with any option except "Unknown" selected in columns "Time horizon", "Likelihood" and "Magnitude of impact" - 4 points

Note, for the column “Are you able to provide a potential financial impact figure?” and its associated columns “Potential financial impact figure - (currency)”; “Potential financial impact figure - minimum (currency)” and “Potential financial impact figure - maximum (currency)”, the following combinations are considered equivalent to a single completed cell:

- “Yes, a single figure estimate” is selected in column “Are you able to provide a potential financial impact figure?” AND a figure is provided in column “Potential financial impact figure - (currency)”
- “Yes, an estimated range” is selected in column “Are you able to provide a potential financial impact figure?” AND a figure is provided in column “Potential financial impact figure - minimum (currency)” AND a figure is provided in column “Potential financial impact figure - maximum (currency)”
- “No, we do not have this figure” is selected in column “Are you able to provide a potential financial impact figure?”

Management scoring criteria

Management points are awarded for up to 3 complete rows.

For each complete row:

i) A company specific description in column "Company specific description" - 1 point

ii) The opportunity driver selected in column "Type of financial impact" is consistent and has clear rationale with the numerical figure in column(s) "Potential financial impact..." and text answer in column "Explanation of financial impact" - 1 point

- If "No.." has been selected in column "Are you able to provide a potential financial impact figure?" - 0 points

iii) "Explanation of financial impact" explains how the financial impact was calculated, and clearly describes the potential impact - 1 point

- If "No.." has been selected in column "Are you able to provide a potential financial impact figure?" - 0 points

- If “Yes, a single figure estimate” is selected in column “Are you able to provide a potential financial impact figure?” AND no figure has been provided in column “Potential financial impact figure - (currency)” has been left blank – 0 points

- If “Yes, an estimated range” is selected in column “Are you able to provide a potential financial impact figure?” AND no figure has been provided in either column “Potential financial impact figure - minimum (currency)” OR column “Potential financial impact figure - maximum (currency)” – 0 points

iv) "Strategy to realize opportunity " describes an action that is being implemented - 1 point

v) "Strategy to realize opportunity " contains an example or case study - 1 point

vi) A figure has been reported in "Cost to realize opportunity" AND “Strategy to realize opportunity” explains how the figure in “Cost to realize opportunity” was calculated - 1 point

Leadership scoring criteria

1 Leadership point will be awarded for each row that is awarded full Management points (maximum of 3).

Point Allocation


Disclosure numerator
 Disclosure denominator
 Awareness numerator
 Awareness denominator
 Management numerator Management denominator Leadership numerator Leadership denominator
12 12 12 12 18 18 3 3