”The first step towards managing carbon emissions is to measure them because in business what gets measured gets managed.”
Lord Adair Turner
Carbon Disclosure Programe is an organization based in the UK which by using the power of measurement and information disclosure improves the management of environmental risk. Given that the disclosure of Green House Gas (GHG) emission related data is CDP’s primary activity, the quality of the data reported to it is of immense importance. Published data by this organization account for more than 1/4 of global anthopogenic emissons!
CDP attempt is to circumventing reluctancy of governments to develop stringent limits on emissions, due to fear that companies might relocate their facilities to states with laxer regulatory, focus on individual companies. Therefore, it works with more than 3000 of the largest corporations accross the world to help them ensure that an effective reduction of CO2 emission could be an integral part of their business.
The five CDP’s programs are:
- Investor CDP;
- CDP Public Procurement Program;
- CDP Water Disclosure;
- CDP Supply Chain; and,
- CDP Cities.
Top scoring companies in high-quality disclosure are recognized with the Climate Disclosure Leadership Index (CDLI).
Here you may find a video on Carbon Accounting Software.
Written by Ivana Letic