On March 20, 2023, the IPCC’s overarching final report, the AR6 Synthesis Report, was released, and again emphasized the urgency of climate action[1]. To address this concern, many companies have adopted sustainability strategies to reduce their environmental impact and become more socially responsible. One such strategy is the adoption of science-based targets. Science-based targets and…
CDP questionnaires and publication of results CDP (formerly “Carbon Disclosure Project”) is an independent organization that conducts annual assessments of companies’ environmental impact worldwide. For this purpose, CDP collects and evaluates data from participating companies. The information is obtained from three detailed sector-specific questionnaires (Climate Change, Water and Forest) that companies are requested to complete.…
CDP as a key player in climate reporting and other areas of sustainability Extended Partnership: CDP stands for one of the longest established and largest initiatives for sustainability reporting taking supply chains into account. Launched almost twenty years ago as the Carbon Disclosure Project, CDP has successively expanded its collection of climate-related data to include water…
Schon seit 2014 berät die DFGE als offizieller Silver Climate Change Consultancy Partner von CDP Unternehmen, wenn es darum geht, regel-konform an Nachhaltigkeits-Reportings teilzunehmen. Die starke Partnerschaft wird erneut für zwei Jahre verlängert. Die DFGE bleibt CDP Partner für die Einreichung bei der Science-based Targets Initiative und die Erfüllung der Task Force on Climate-related Financial…
Science-based Targets (SBTs) are targets that show companies and financial institutions a clear pathway to reduce their greenhouse gas emissions to prevent the worst effects of climate change. They classify as “science-based” as they follow the latest climate science insights on how to meet the goals of the Paris Agreement – ensuring that global warming…
The Carbon Disclosure Project (CDP) season 2022 has officially started. Already in January of this year CDP has released its 2022 questionnaire and reporting guidances for Forest, Water Security, and Climate Change. The updated scoring methodologies for all questionnaires, i.e. the exact information on how CDP scores each question, was released in March. As of…
The race to net zero is on! The overarching goal of COP26 was to limit global warming to 1.5 instead of 2 degrees Celsius. With the conference in Glasgow just ending last weekend – what are the most important take-aways? There has been progress in some singular areas as heads of state, policy-makers, and industry…
Join the Race to Zero through the SBTi Business Ambition for 1.5°C Campaign This SBTi webinar for COP26 preparation provides a detailed overview of the importance of setting ambitious science-based targets (SBTs). The session covers the SBTi Business Ambition for 1.5°C Campaign commitment model for net-zero targets and 1.5°C aligned SBTs, key SBTi criteria, and…
for relevant greenhouse gas (GHG) emissions that are calculated on a scientific basis. Companies which aim to participate in the initiative are expected to set an ambitious target for reducing their GHG emissions which is in line with the 2°C target of the 2015 Paris Climate Agreement. But setting SBTs is not always an easy task, and many corporations fail at this hurdle.
The debate on an ambitious climate target (Science-Based Targets) has increased among internationally active companies since the UN climate summit in Paris (COP21). The Paris Agreement marks a turning point for climate policy. Companies have a key role to play in achieving the COP21 goals. They have the opportunity to make an appropriate contribution to…
