About CDP


“ The first step towards managing carbon emissions is to measure them because what gets measured gets managed. The Carbon Disclosure Project has played a crucial role in encouraging companies to take the first steps in that measurement and management path.” Lord Adair Turner, Chairman, UK Financial Services Authority


“ CDP illustrates how the answer to reducing GHG emissions lies as much with companies and investors as it does with governments, international agencies and the public.” Tony Blair,


former UK Prime Minister


“ I don’t think I am saying anything new when I say that climate change requires a willingness to approach economic growth in new ways.” Angela Merkel, German Chancellor


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The Carbon Disclosure Project (CDP) is an independent not-for- profit organisation holding the largest database of primary corporate climate change information in the world.


Thousands of organisations from across the world’s major economies measure and disclose their greenhouse gas emissions, water use and climate change strategies through CDP, whose aim is to put this information at the heart of financial and policy decision-making.


Over 3,000 organisations in some 60 countries around the world now measure and disclose their greenhouse gas emissions, water management and climate change strategies through CDP, in order that they can set reduction targets and make performance improvements (see Figure 1). This data is made available for use by a wide audience including institutional investors, corporations, policymakers and their advisors, public sector organisations, government bodies, academics and the public.


CDP operates the only global climate change reporting system and believes that climate change is a problem that transcends national boundaries. CDP act on behalf of 551 institutional investors, holding US$71 trillion in assets under management and some 50 purchasing organisations such as Dell, PepsiCo and Walmart.


The CDP questionnaire and disclosure reports are structured around issues that are most pertinent to the effect of climate change on company value. The key areas of corporate climate change management examined are: • risks and opportunities; • reporting for emissions; • performance; and • governance.


The results of corporations’ responses in various regions around the globe are freely available at www.cdproject.net


Ireland


The 2011 CDP Ireland report is the third report since the project was launched here in 2008. It covers 40 of the largest companies in Ireland based on market capitalisation, together with the largest businesses covered by the EU-ETS and others who choose to take part.


KPMG assists the Ireland project and has written all the reports since its launch in 2008. The project’s principal sponsor in Ireland is the NTR Foundation and additional support has been given by the Environmental Protection Agency, the Sustainable Energy Authority of Ireland and McCann FitzGerald.


Interpretation


Readers of this report should refer to pages 32 to 33 titled ‘Additional Understanding’ which provides more detailed information to aid understanding of the report content.


Figure 1: Number of Responding Companies Globally Investor and supply chain programs 3050 2204 1449 235 2003 295 2004 355 2005 922 2006 2007 2008 2009 2010


Since CDP sent out the first request for climate change information in 2003, the number of disclosing companies has grown more than tenfold.


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