For organisations on the decarbonisation journey, there is a great value in participating in Carbon Disclosure Projects where targets and progress are independently verified.
KEY OUTCOMES:
Lumina will manage the CDP submission process
Track and benchmark progress against peers
Improves investor and customer confidence
Push for innovation.
Strengthens brand reputation & value.
Get ahead of the regulations and prepare for the mandatory reporting requirements under the EU CSRD.
CDP is a nonprofit organization that collects environmental data from companies worldwide. Investors, purchasers, and governments utilise this data to evaluate the environmental performance, risks, and opportunities of companies.
Over 23,000 companies worldwide have already chosen to disclose their carbon targets through CDP, which enhances their credibility customers and investors.
These companies are leveraging CDP's independent and credible verification in their official communications to clearly distinguish themselves from practices of “greenwashing” (misleading the public to believe that a company is doing more to protect the environment that it is).
The CDP addresses the following topics:
Climate
Water
Forests
Plastics
The CDP questionnaires are also aligned with the CSRD and are the first step for companies to prepare for the new mandatory reporting requirements.