Carbon Disclosure Project aims to 'improve corporate sustainability management'

22/02/2010

The Carbon Disclosure Project (CDP) is commencing its worldwide sourcing initiative to collect as much information as possible regarding the greenhouse gas emissions and climate change targets of international companies.

Focusing on investment portfolios, the CDP records allow investors and companies to make informed decisions on how their company chooses to tackle climate change.

This latest review, the eighth annual survey of its kind, will be the first to use new online technology in order to better assess how to improve carbon management within companies.

Henk de Bruin, head of corporate sustainability at Philips, commented: "Measurement, reporting and verification of emissions is a vital step for organisations looking to increase awareness of the impact of climate change and improve the management of greenhouse gas emissions.

"The new reporting tools enable greater analysis of the CDP data to benchmark against peers and other sectors and geographies."