CDP Reporting

CDP (Carbon Disclosure Project), is a platform for reporting and evaluating organizations' activities and goals on environmental issues such as climate change, water management and forest protection. Every year, thousands of organizations from all over the world submit information about their environmental performance to CDP. This information clearly reveals the performance of organizations on issues such as greenhouse gas emissions, water use and forestry policies.

Carbon Disclosure Declaration (CDP), is a non-profit international non-governmental organization based in London that helps publicly traded companies report to investors on how they use natural resources and natural capital, how their activities affect the reproduction of finite resources, and their risk management in this area. Founded in 2000, CDP is a “secondary stakeholder” facilitating the participation of institutional investors in collaborations to increase corporate accountability on climate change. CDP aims to establish a lasting relationship between shareholders and businesses due to the impacts of climate change on share value and business activities.

In order to increase awareness of global environmental issues, CDP carries out programs on climate change, water, forests and supply chain issues. Activities carried out within the scope of these programs are announced each year through Program Reports (e.g. CDP Turkey Climate Change and Water Report) prepared for the countries that CDP cooperates with and presented to the public. CDP’s climate change program aims to reduce greenhouse gas emissions and climate change risk of businesses.

As of 2018, CDP, which is considered the most comprehensive environmental initiative in the world, has created a global platform on behalf of more than 650 institutional investors managing $87 trillion in assets, calling on the world's largest businesses to disclose their environmental data and policies. As such, CDP holds the world's largest corporate climate change, water, forest and city sustainability risk data and voluntarily discloses this information to the public and investors. This data collected on behalf of investors is presented to the public, business and investment markets with the help of reports prepared by CDP.

Why is the CDP Report Important?

CDP Reports help organizations measure, monitor, and improve their environmental impacts by focusing on environmental sustainability issues. These reports enable companies to reduce environmental risks and better evaluate opportunities. At the same time, this information helps stakeholders (investors, customers, suppliers, the public) evaluate the environmental performance of organizations and understand their sustainability strategies.

CDP Reports highlight the role of organizations in combating climate change. Greenhouse gas emissions are a significant part of an organization’s environmental impact, and CDP provides guidance on measuring, reporting and reducing these emissions. Combating climate change has become a global priority, and CDP Reports hold organizations accountable on this important issue.

CDP Reports are not limited to environmental issues. They also assess the social and financial impacts of organizations. Topics such as water use, forestry policies, human rights and business ethics are also covered in the reports. This allows organizations to examine their sustainability strategies from a broader perspective

CDP Reports provide organizations with clear and reliable communication to their stakeholders (investors, customers, suppliers, the public). Companies build credibility with their stakeholders and monitor their sustainability performance by transparently sharing their sustainability efforts and achievements.

What is a CDP Report?

The CDP Report stands out as an important reporting initiative on sustainability and climate change. These reports are prepared to evaluate the environmental and climate performances of organizations and to transparently communicate their activities on these issues to their stakeholders. The CDP Report is an initiative created to evaluate and report the environmental and climate performances of organizations. CDP provides a platform to collect, evaluate and present environmental data of thousands of organizations around the world to their stakeholders.

How to Prepare a CDP Report?

Preparing a CDP (Carbon Disclosure Project) report is an important step for organizations that want to convey information about sustainability and climate change to their stakeholders.  To prepare a CDP report Before you begin, you need to determine what resources your organization has. These resources include environmental and climate data, water use, energy consumption, and other relevant information. It is important to develop a data management plan to collect and organize this data. When preparing a CDP report, Global Reporting Initiative (GRI) veya Sustainability Accounting Standards Board (SASB) It is important to consider compliance with international standards such as . These standards regulate the structure and content of sustainability reports and provide greater comparability.

While preparing the CDP report, You should collect and validate environmental and climate data. It is essential that this data is accurate, reliable and up-to-date. When bringing together data from different departments within your organization, you should also implement data validation processes. The CDP report should clearly communicate your organization’s sustainability goals and environmental performance. Therefore, it is important to identify your organization’s sustainability strategies and goals in your report. You should also make sure that these goals are aligned with your organization’s long-term vision. The CDP report should be shared after your organization’s environmental and sustainability performance is clearly and transparently communicated to its stakeholders. The report should clearly state your organization’s achievements, strategies to achieve its goals and future plans. You should also be prepared to respond to stakeholder feedback and questions. Preparing a CDP report is a powerful tool for communicating your organization’s environmental and sustainability performance to stakeholders. By following these steps, you can successfully prepare your organization’s CDP report and communicate your sustainability efforts to a wider audience.

CDP Scores and Their Impact on Organizations

CDP (Carbon Disclosure Project) is an initiative that evaluates and scores organizations’ environmental and climate-related performance. CDP scores are used to measure organizations’ efforts to combat climate change and achieve sustainability. These scores are considered an important metric that has a major impact on organizations’ sustainability efforts and financial performance.  CDP Report scores, reflects organizations’ leadership in combating climate change. High CDP scores show that organizations are taking climate change seriously and developing effective strategies. This helps organizations be recognized as leaders in sustainability and attract the attention of sustainability investors and stakeholders. CDP Report scores, It is a metric that has a direct impact on the financial performance of organizations. High CDP scores can reduce financial risks and promote sustainable growth by reflecting the ability of organizations to reduce environmental risks and take advantage of sustainability opportunities.

Investors and stakeholders watch organizations’ CDP scores closely. High CDP scores positively evaluate organizations’ sustainability efforts and risk management strategies. This can help organizations attract the attention of sustainable investors and stakeholders.

CDP Reporting scores, offers organizations the opportunity to gain a competitive advantage in the sustainability arena. High scores allow organizations to be recognized as sustainability leaders and to be leaders in their industry. This can lead to marketing and competitive advantages. CDP scores are a measure for evaluating the sustainability performance of organizations and provide organizations with opportunities for improvement and innovation. Low scores can help organizations identify areas of weakness and strengthen their sustainability strategies. This helps organizations move toward a more sustainable and environmentally responsible future. In summary, CDP scores are an important tool for organizations to measure and improve their sustainability and financial performance. High scores emphasize the leadership and sustainability efforts of organizations, while low scores offer organizations opportunities for improvement. Therefore, organizations should monitor their CDP scores carefully and continuously improve their sustainability efforts.

Carbon Disclosure Project – Why Should CDP Be Preferred by Companies?

Since 2003, the number of companies that have made Carbon Disclosure Declarations has continued to increase. Due to the increase in environmental problems such as climate change, global warming and carbon footprint, addressing these issues on an institutional basis has become an extremely important issue. The Carbon Disclosure Project is being implemented to control greenhouse gas emissions caused by the use of fossil fuels by businesses and to evaluate carbon emissions within a more reasonable framework. These declarations maintain their importance on an institutional basis in order to ensure that greenhouse gas emissions are at a more reasonable level, to determine companies' carbon dioxide strategies and to address risks. Although the general benefits are listed above, it is possible to address the advantages obtained within the scope of carbon disclosure declarations one by one as follows.

• It is possible to establish a company structure that provides confidence to the public, stakeholders, investors and customers.
• The company is supported to reduce future risks and act within a more reasonable framework.
• By gaining competitive advantage, it is possible to get one step ahead of your competitors.
• It is possible to contribute to the company's reputation and prestige by contributing to the sustainable economic model.
• It is possible to adopt an effective approach regarding the identification, management and reporting of environmental risks occurring in the market.
• It is possible to adopt an approach that will reduce costs by controlling the consumption of fossil fuels and natural resources such as water.

It should be stated that when the CDP declaration is made regularly and continuously, it is possible to achieve success not only nationally but also internationally. You can also act by adopting the most reasonable approaches in this regard. It is extremely important in terms of the success and sustainability of your business.

This published regulation will directly affect businesses that export directly to the European Union or have customers who export. At this point, our exporters' questions about how the mechanism will be implemented are increasing day by day.

What is the CDP Water Security Program?

• The CDP Water Security Program provides a platform for organizations to assess and report on their performance on water use, risks to water resources, and sustainable water management. This program enables organizations to collect, analyze, and communicate water-related data to their stakeholders.
• The CDP Water Security Program enables organizations to assess risks to their water resources. Water resource depletion, deterioration of water quality, and water-related regulations can pose significant risks to organizations. This program helps organizations identify and manage these risks.
• Sustainable management of water resources encompasses an area where organizations must monitor water use and make improvements. The CDP Water Security Program encourages organizations to measure water use, develop water conservation strategies, and adopt sustainable water management practices.
• By reporting on their water security performance, organizations provide transparent information to their stakeholders. This program helps organizations clearly communicate their water-related activities, goals and achievements to their stakeholders. This demonstrates their commitment to sustainability.
• The CDP Water Security Program encourages organizations to integrate their water security strategies with their sustainability and climate change strategies. Sustainable management of water resources is closely linked to sustainability and climate change, and organizations should take an integrated approach in these areas.
• The CDP Water Security Program is an important tool to help organizations measure, monitor and communicate their water-related performance to their stakeholders. As risks to water resources and sustainable water management become increasingly important, this program helps organizations strengthen their commitment to water security.

What is the CDP Deforestation Program?

Deforestation is considered a major environmental problem worldwide. Forests provide numerous benefits, including preserving biodiversity, increasing carbon capture, and protecting water resources. However, deforestation threatens these important ecosystems and contributes to climate change. The CDP Deforestation Program encourages organizations to combat this problem. CDP Deforestation Program, requires organizations to collect and report data on forests. This data reflects the organizations’ relationship with forests and their strategies to combat deforestation. Collecting and reporting forest data helps organizations transparently demonstrate their responsibilities and commitments.

CDP Deforestation Program, encourages organizations to collaborate on sustainable forest management and combating deforestation. These collaborations play a key role in protecting and sustainably managing forests. It also supports organizations in monitoring and sustainably sourcing forest products in their supply chains. The CDP Deforestation Program encourages organizations to manage forests sustainably. This is critical to preventing deforestation and the long-term health of forests. Organizations are responsible for adopting sustainable forest management practices and strengthening strategies to combat deforestation. The CDP Deforestation Program also encourages organizations to assess the social and economic impacts of deforestation. Deforestation can have negative impacts on local communities and increase supply chain risks. This program helps organizations understand these impacts and take appropriate action.

The CDP Deforestation Program encourages organizations to take responsibility for combating deforestation and to take the lead in sustainable forest management. Protecting and sustainably managing forests provides environmental, social and economic benefits, and this program guides organizations in achieving these important goals. In summary, CDP reporting is an important tool for organizations to clearly communicate their environmental and sustainability performance to their stakeholders and to take the lead in combating global climate change. These reports help organizations contribute to a more sustainable future by demonstrating their environmental responsibility and sustainability efforts.

What are the programs included in the Carbon Disclosure Declaration (CDP) Project?

It is possible to talk about many programs implemented within the scope of the Carbon Disclosure Project. In this context, the goals and what each program tries to achieve are different. You should not ignore that you can achieve more successful results in the context of Carbon Disclosure Programs by evaluating the most reasonable alternatives in this regard. Here are the programs in question!

• Climate Change
• Water Efficiency
• Forests
• Cities
• Cities

CDP, which has the world's largest institutional climate change, water efficiency and forest risk data, supports taking precautions and carrying out useful studies in light of this data. In this context, what is important is the adoption of environmental sustainability and success-oriented approaches. The objectives and details of the programs are meticulously addressed in the explanations below. In this context, it is also possible to obtain the most successful solutions related to carbon disclosure statements.

Climate Change
Within the scope of the climate change program, it is desired that companies carry out studies that will reduce greenhouse gas emissions and minimize the risk of climate change. The data processed by CDP consists of the world's largest companies. The capital managed by more than 800 institutional stakeholders is approximately 100 trillion USD. This proves the importance of the climate change program within the scope of CDP.

Water Efficiency
Water is considered a resource that is indisputably important for the continuation of humanity. In this context, one of the most important elements that CDP focuses on is water efficiency. Within the scope of the CDP Water Program, companies with capital in the trillions of USD have been supported to conduct studies and provide data on water efficiency.

Forests
It is considered a very important criterion followed by more than 500 stakeholders within the scope of the CDP Program. It helps collect data on timber, palm oil, cattle and soy-related products against deforestation. It is very valuable in terms of supporting the protection of forests, especially considering that forests provide the opportunity to absorb greenhouse gases.

Cities
CDP, which conducts studies on water resources, forests and climate; supports joint work with supply chain members and other stakeholders to minimize risks. Providing data on supply chain processes of companies with capital worth trillions of USD through CDP helps to run a more successful program.

Cities
Within the scope of the Cities program, CDP carries out studies on cities where a significant portion of the world's population lives. The studies, which take into account environmental impacts, aim to reveal solutions and take sustainability-oriented action.

Carbon Disclosure Project Declaration Levels

CDP makes various classifications and ratings in order to evaluate the developments while controlling the processes related to the carbon management of the companies. In this context, there are regulations regarding the level of the companies with 4 different degrees. You can examine the degrees and what they mean in detail below.

1.Declaration
This statement, also known as the entry level, contains detailed answers to the problems of CDP programs.

2.Awareness
It is accepted as the level of knowledge that indicates the functioning towards environmental problems.

3.Management
It is the level that aims to achieve measures and management strategies for impacts.

4.Leadership
It refers to obtaining the best solutions in climate impact management.

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