3. Carbon Disclosure Scoring and 2011 Leaders


What Does a CDP Carbon Disclosure Score Represent? Generally, companies scoring within a particular range exhibit similar levels of commitment to, and experience of, disclosure. The indicative description of each level is provided below for guidance only, investors should read individual company responses to understand the context for each business.


How is the Disclosure Score Determined?


In determining the disclosure score for each company, we assess the following:


• The level of understanding and disclosure of company-specific exposure to climate-related risks and opportunities;


• The level of strategic focus and commitment to understanding the business issues related to climate change, emanating from the top of the organisation;


• The extent to which a company has measured its carbon emissions;


• The extent of the internal data management practices for understanding GHG emissions, including energy use;


• The frequency and relevance of disclosure to key corporate stakeholders; and


• Whether the company uses third party or external verification of emissions data to promote greater confidence and usage of the data.


What does a Disclosure Score Typically Represent? High (>70)


Senior management understand the business issues related to climate change and build climate related risks and opportunities into core business.


Midrange (50-70) Increased understanding and measurement of company specific risks and opportunities related to climate change.


Low (<50) Limited or restricted ability to measure and disclose climate related risks, opportunities and overall carbon emissions.


Disclosure score (Max 100)


The journey to leadership Compliance


Eligibility for the CDLI In order to be included in the CDLI companies must:


• Respond using the Online Reporting System (‘ORS’) prior to the deadline;


• Provide a public response; and


• Score within the top 10% of the reporting population.


More information on the CDLI can be found in the information request, supporting methodology and guidance documents at www.cdproject.net.


Managing for value


Strategic advantage 15


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