How Does Disclosure Drive Climate Action? GPI Energy Innovation Celebration Amy Kao CDP Cities North America October 11, 2017 www.cdp.net | @CDP Page 1
Agenda Introduction to CDP Corporate overview Cities, states and regions overview City questionnaire Services & Tools Potential for collaboration with businesses www.cdp.net | @CDP Page 2
How we create change www.cdp.net | @CDP Page 3
CDP is the only global environmental disclosure platform 570 Cities disclosing across 89 countries through CDP’s platform www.cdp.net | @CDP Page 4
Why is disclosure important? Measurement Benchmarking Accountability www.cdp.net | @CDP Page 5
You can’t manage what you don’t measure. www.cdp.net | @CDP Page 6
CDP’s wider work www.cdp.net | @CDP Page 7
CDP for Companies www.cdp.net | @CDP Page 8
CDP programs Climate change Water Forests www.cdp.net | @CDP Page 9
Communicate to 800+ CDP investor signatories Analyze climate, water and forests risks and management Create low carbon funds Reduce footprint of portfolio Identify engagement priorities Picking climate winners & losers Platform for collaborative action www.cdp.net | @CDP Page 10
Communicate to the broader ESG marketplace Corporate Knights Global 100 CDP corporate data CRO’s 100 MSCI ESG Best powers ESG research, Indices Corporate Citizens data products, indices CDP and ratings / rankings to companies, investors and GS Sustain DJSI consumers. FTSE4Good Index Series Page 11 www.cdp.net | @CDP
CDP Cities, States and Regions www.cdp.net | @CDP Page 12
70% increase since the Paris Agreement was adopted Cities States and regions 2014 2011 2015 2012 2013 2017 2016 www.cdp.net | @CDP Page 13
Disclosure Driving Cities’ Targets www.cdp.net | @CDP Page 14
Cities that disclose through CDP take more action Percentage of cities taking action by number of years reporting to CDP 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% City-wide Emissions Emissions Reduction Emisisons Reduction Climate Hazards Adaptation Actions Private Sector Opportunities from Target Actions Projects Climate Change 3+ years 2 years 1 year Cities that have disclosed to CDP for 3 years or more, report significantly higher levels of emissions measurement and management data, risk recognition and adaptation actions and opportunities. www.cdp.net | @CDP Page 15
States and Regions The Compact of States and Regions is the first dedicated reporting mechanism for states, provinces and regions to showcase and analyze their climate efforts. In one year, the Compact of States and Regions received the support of 44 governments. It has since grown to 101 governments, representing over 450 million people and US$13 trillion in GDP www.cdp.net | @CDP Page 16
Cities use CDP as a tool to… Compile all Engage other Track your Engage with your city city’s progress businesses in environmental departments annually your city data in one and agencies place www.cdp.net | @CDP Page 17
Benefits of disclosing to CDP Cities $36 billion The total cost of 1,005 climate-related projects seeking private sector involvement www.cdp.net | @CDP
Overview of the cities climate reporting space Tools Compact of Mayors Mitigation Adaptation reporting platforms CRAFT (Climate CIRIS (City Risk and Inventory Adaptation Reporting and Framework Information Taxonomy) System) CURB (Climate Action for Urban Sustainability) www.cdp.net | @CDP Page 19
2017 Water Infographic https://www.cdp.net/en/research/global-reports/cities-infographic-2017 www.cdp.net | @CDP Page 20
Cities Global Reports 2014 2016 2016 2015 www.cdp.net | @CDP Page 21
CDP Cities Questionnaire www.cdp.net | @CDP Page 22
Timeline to Report Next Year Deadline Date All cities receive invitation February 2018 email System opens Mid March 2018 Response check deadline End of April 2018 Final response deadline End of June 2018 www.cdp.net | @CDP Page 23
Easy to report Get support on reporting Public or private disclosure Free and voluntary to report www.cdp.net | @CDP Page 24
Questionnaire Emissions – Risks & Local Governance Opportunities Adaptation Government Operations Emissions - Covenant of Strategy Water Community Mayors www.cdp.net | @CDP Page 25
CDP Cities Services and Tools www.cdp.net | @CDP Page 26
Response Check Supports cities interested in completing a thorough and accurate response prior to submission deadline Delivered by CDP’s accredited service providers Offers one hour of in-depth technical consultation www.cdp.net | @CDP Page 27
City Inventory Reporting and Information System (CIRIS) www.cdp.net | @CDP Page 28
City Inventory Reporting and Information System (CIRIS) Based on the Global Protocol for Community-scale Greenhouse Gas Emission Inventories (GPC) standard, the tool facilitates transparent calculation and reporting of emissions for all sectors Five calculators to facilitate calculation of emissions from typically challenging sources: • Fugitive losses from gas distribution • Solid waste landfill • Biological treatment of waste • Waste incineration • Wastewater Emission Factor database—to support inventory development Compliant for the Covenant of Mayors’ reporting requirements To download CIRIS please click here www.cdp.net | @CDP Page 29
Climate Risk and Adaptation Framework and Taxonomy (CRAFT) A standardized reporting framework that enables cities to perform robust and consistent reporting of local climate hazards and impacts, risk and vulnerability assessment, and adaptation planning and implementation as part of their compliance with the Compact of Mayors Profile the City —characteristics that influence city resilience and adaptation planning Understand the Problem —current vulnerability assessment process, current and future risks, and underlying factors that affect adaptation Plan, Respond and Monitor —climate adaptation planning process, and how the city is evaluating the outcoming of the adaptation efforts www.cdp.net | @CDP Page 30
Feedback for cities Private to your city Use to improve your data quality each year Access via dashboard and snapshot report Completion indicator: Shows the number of questions you have answered Thoroughness indicator: Measures the quality of your data against key criteria www.cdp.net | @CDP Page 31
City Snapshot Report www.cdp.net | @CDP Page 32
InFocus Reports Given to cities who are excelling in climate disclosure These cities produced the highest quality response for their submission to CDP www.cdp.net | @CDP Page 33
Cities Analytics is our first stop when researching what other cities are doing, how they do it, and their progress. We are able to find new strategies and compare how our implementation stacks up with other leading cities. Most importantly, it demonstrates that cities are not isolated in their efforts. Tom Herrod, Climate & GHG Program Administrator Denver, Colorado, USA www.cdp.net | @CDP Page 34
Cities Analytics www.cdp.net | @CDP Page 35
Functionality in Analytics Change chart type Filters Additional data Export charts “Click to see the At the top right Filter by city, At the top right region, reporting data” and you can corner of the chart, corner of the chart year, network and see additional click “Change click “Export” information others chart type” www.cdp.net | @CDP Page 36
Benchmark your emissions to other cities Community-wide emissions, GPC methodology www.cdp.net | @CDP Page 37
View cities risk profiles Extremely serious climate hazards www.cdp.net | @CDP Page 38
Matchmaker: Ensure cities have sufficient access to the private capital they need to meet ambitious climate goals www.cdp.net | @CDP Page 39
Matchmaking helps overcome barriers Matchmaker 827 Investors 362 Cities Backed CDP’s efforts in 2017 Reported project worth more than US$100 data in 2017 trillion in assets www.cdp.net | @CDP Page 40
https://www.cdp.net/en/cities/matchmaker www.cdp.net | @CDP Page 41
How to Participate in Matchmaker for your City This fall: email climateprojects@cdp.net for the intake form Spring 2018 & later: report to the CDP Questionnaire—to receive access for your city, email citiesNA@cdp.net www.cdp.net | @CDP Page 42
Questions? Amy Kao Amy.kao@cdp.net CDP Cities North America www.cdp.net | @CDP Page 43
Collaboration between Cities and Companies www.cdp.net | @CDP Page 44
Using CDP responses to screen partners Identify transparent/responsible companies by: ➢ Do they disclose to CDP? ➢ What is their CDP score? ➢ What commitments have they made? www.cdp.net | @CDP Page 45
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