【CDP指南】公司披露 2024年的主要变化 第一部分

CorporateDisclosure

Keychangesfor2024:PartI

February2024

Contents

03Introduction

04CDP’sambitionforcorporateenvironmental

action

07Alignmentwithframeworksandstandards

10CDPCorporateQuestionnaire-FAQs

17Forestsupdates&introductionofconversion

20Financialservices

23Scoringframework

25SMEdisclosure

2

Introduction

In2024,CDPismakingchangestoourplatformand

questionnairetoensurewecollectdatathatdrivesaction.

ThisdocumentdetailskeychangestoCDP’s2024DisclosureFrameworkforthepurposeofsupportingcompaniesand

datausersinunderstandingwhattoexpectfromthe2024questionnaire.

ToensureCDPcollectsactionabledata,wearescaling

environmentaldatadisclosureandstrengtheningouralignmentwithrelevantframeworksandstandards.

Dataisthecornerstoneoftangibleprogress.Itcreatesa

baselinefortransitionplans,supportspositiveactionon

protectingnature,andunderpinsthecountry-levelcommitmentsrecentlyreviewedintheGlobalStocktakeatCOP28.

CDPisexcitedbythechallengeahead,butwecannotdoit

alone.Welookforwardtopartneringwithourstakeholderstotackleclimatechangeandnatureloss.

3

CDP'sambitionfor

corporateenvironmentalaction

1

CDP’sambitionfor

corporateenvironmentalaction

Keychangestothe2024questionnaire

CDP’squestionnairesevolveannuallytopushcorporateambition

further,andsupportcompaniesandfinancialmarketstotransitioninlinewitha1.5°C,nature-positiveworld.

In2024,CDPiscombiningthethreeexistingquestionnairesintooneCDPCorporateQuestionnaire,sothatcompaniesaskedtorespondacrossmultipleenvironmentalissuescandosoinasingleplace,aswellasencouragingamoreholisticandbalanceddisclosureacrossdifferentenvironmentalissues.TheCDPCorporateQuestionnaire

followsthelatestscience,alignswithnewhigh-qualitydisclosure

frameworksandstandards,andincludesincrementalchangestothedatapointsinourpreviousclimatechange,forestsandwatersecurityquestionnaires.

Toputprotectingclimateandnatureattheheartofcorporate

strategy,CDP’snewquestionnairechallengescorporatestotake

moreeffectiveactionacrossthewholespectrumofenvironmentalissues.Itencouragesdisclosersanddatauserstoassessand

managedependencies,impacts,risksandopportunitiesthroughoutecosystems-includinglanduse,biodiversityandplastics-asan

interrelatedchallenge.

MandatorydisclosurehasnowbeenadoptedinEurope,Brazil,

IndiaandtheUK,andisontracktobeimplementedinotherglobal

jurisdictionsverysoon.Inthisrapidlyevolvinglandscape,CDPisalsoaligningfurtherwithemergingreportingframeworksandstandards.

Thesechanges,alongwithatransformationintheCDPPortal

technology,willsupportcompaniesandfinancialinstitutionsto

measure,understandandactontheirenvironmentalimpactsinline

withkeydisclosurerequirementsexpectedbyinvestorsandregulators.

5

Thisdocumentwillsupportcompaniesanddatausersto

understandwhattoexpectfromCDP’squestionnairein2024,including:

聞Integrationofclimatechange,forests,andwatersecurity

questionnaires,aswellasinclusionofotherenvironmentalissues;

聞AlignmentwiththeIFRSS2(InternationalSustainabilityStandardsBoard-ISSB)ClimateStandard;

聞Ourworkonotherstandardsandframeworksincludingthe

TaskforceonNature-relatedFinancialDisclosures(TNFD)andtheEuropeanSustainabilityReportingStandards(ESRS);

聞Changestothefocusoftheforestsquestionnaireandforestsscoring;

聞Changestotheallocationofthemes;

聞Ourevolvingapproachtosmallandmediumenterprises(SMEs);and

聞Otherkeychangestoprepareyourbusinessforthe2024disclosurecycleandbeyond.

6

Alignmentwithreportingframeworksand

standards

2

8

Alignmentwith

reportingframeworksandstandards

CDPhascollaboratedwithleadingreportingstandardsandframeworksbodies.Thecurrentstatusofassociatedalignmentis:

1.IFRSS2Climate-relatedDisclosures–the2024questionnairewillbealignedwiththeIFRSS2standardissuedbytheISSB.

2.EuropeanFinancialReportingAdvisoryGroup(EFRAG)–alignmentwithESRSisunderreview.

3.TaskForceonNature-relatedFinancialDisclosures(TNFD)–thequestionnaireiscurrentlypartiallyaligned.

4.SecuritiesandExchangeCommission(SEC)proposedclimatedisclosurerule–alignmentisunderreview.

Thesecollaborationswillallowincreasedalignment,therebyreducingthereportingburdenoncompaniesandensurecorporatedisclosureshavethewidestapplicationinthemarket–drivenbythehighest

ambition–andthattheydeliverconsistent,comparableanddecision-usefulenvironmentaldatatocapitalmarkets,procurementteamsandpolicymakersworldwide.

CDPintendstostrengthenalignmentwithallimpactful,high-qualityglobalandjurisdictional-levelenvironmentalreportingstandardsandframeworksastheydevelop.

1.IFRSS2(ISSB)climatestandard

CDP’s2024disclosurerequestonclimatechangewillalignwiththeIFRSS2

(ISSB)climatestandard.Inadditiontothevalueofthediscloseddatasetitself,thequestionnairewillprovideaneffectivetooltosupportcompaniesontheirpathtoIFRSS2(ISSB)compliance.GuidancewillbeavailabletosupportdisclosersandstakeholdersinunderstandingtheirprogressagainstIFRSS2requirements.

TheIFRSS2specifieswhatcompaniesshouldreportintermsofGovernance,

Strategy,RiskandOpportunityManagement,includingtheprocessesusedtoidentify,assessandprioritizerisksandopportunities,metricsandtargets,includingScope1,2and3emissions.Itfullyincorporates,andbuildsfrom,theTaskForceonClimate-relatedFinancialDisclosures(TCFD)recommendations,towhichCDPisalreadyfullyaligned.

9

2.ESRS

TheESRSwillbelegallybindingundertheEUCorporateSustainabilityReporting

Directive(CSRD).TheCSRDrequiresalllargecompaniesandalllistedcompanies(withsomeexceptions)todiscloseinformationonESGrisksandopportunities,andontheimpactoftheiractivities.

50,000companiesareinscope,includinganestimated

10,000non-EUcompanies

;theapplicabilityoftheESRStocompanies’entirevaluechainsmeansthisregulationwillhaveavastglobalreach.

CDPisassessingalignmentoftheCDPPortalwiththeESRSfromanenvironmentalperspective,and,supportedbyEFRAG,willofferwebinarsandguidancein2024tosupportcompanieswithreportingonESRSdatapointsthroughCDP.

3.TNFD

InOctober2023,CDPannounceditsintentiontoalignwiththeTNFDframework.Thiswillensureinvestors,purchasersandpolicymakerscanaccessnature-relatedinformationinaconsistent,comparable,standardizedformat.

CDPalreadyhaspartialalignment-particularlywhereTNFDparallelstheTCFD-astheTNFDframeworkisrootedintheTCFDrecommendations,withwhichCDPis

alreadyaligned.ThisgivesusarunningstartascertainpartsofCDP’squestionnairescanberelativelyeasilyadaptedtoalsoreflectaspectsoftheTNFDframework

includingaroundgovernance,strategy,risksandopportunitiesdisclosure.

CDPhascommittedtoexpandingcoverageacrossallkeyenvironmentalissues,asdescribedbrieflyinsection3below,whichwillenableustoprovidefulldisclosurecoverageofTNFD’sframework.TheTNFDframeworkwillenableCDPtofurther

accelerateourincorporationofmoreenvironmentaltopicsbyprovidingarobustsetofgoodpracticeindicatorsonareassuchasoceansandland.

4.SEC'sproposedclimatedisclosurerule

CDPhasannounceditsintentiontoalignwiththeproposedSECrulingandisintheprocessofdeterminingwhatalignmentwilllooklikeforeachoftheseframeworksandstandardsandthetimelinefordoingso.The2024questionnairealreadyreflectsourextensivealignmentworkwiththeabove.

CDPCorporate

QuestionnaireFAQs

3

10

11

CDPCorporate

QuestionnaireFAQs

WhyisCDPintegratingthequestionnaire?

Addressingtheclimatecrisiscannotbeachievedwithout

simultaneouslyaddressingthenaturecrisis.Carbonemissionsandclimatechangeareonlypartofthechallenge.AtleastUS$44trillion

ineconomicvalueisgeneratedthroughtheexploitationofnatural

resourceseveryyear–andlossestonaturecontinueatunprecedentedrates.

TheIntergovernmentalPanelonClimateChange(IPCC)andthe

IntergovernmentalScience-PolicyPlatformonBiodiversityand

EcosystemServices(IPBES)agreethatclimateandnaturemustbe

addressedsimultaneouslyandinanequitableway.Thisincludes

conserving,protecting,andrestoringecosystems,adoptingmore

sustainableagriculturalandforestrypractices,andpursuingacirculareconomy.Inthiscontext,itismoreimportantthanevertoacceleratecorporateactiononwatersecurityanddeforestationandtoacton

thefullrangeofenvironmentalissues.CDP’smovetoanintegrated

questionnaireformatwillenableourstakeholderstobetterassessallenvironmentalimpactsintheirdirectoperationalactivity,supplychain,andfinancialdecisions.Wearealsointegratingnewdatapointsto

encouragecompaniestoaddressinterconnectivityoftheseissues.

WiththeCDPCorporateQuestionnaire,discloserswillexperiencean

improvedinterfaceandamoreintuitiveworkflow.Thequestionnaire

willencourageashifttowardsholisticenvironmentalmanagementandpreparediscloserstobetterrespondtomarketandregulatordemands.

TheCDPCorporateQuestionnairealsoenablesustomeetourstrategic

goalsofexpandingacrossenvironmentalissueslikebiodiversity,plastics,andlandmoresystematicallyandwithoutreplicating

governanceandstrategyquestions.

Westartedexpandingtoawidercoverageofenvironmentalissueswiththeintroductionofbiodiversityin2022,andplasticsin2023.Infutureyearsstakeholdersshouldexpecttoseeanexpandedcoverageof

environmentalissues.

12

WhatotherkeychangescanIexpect?

ThefocusonRisksandOpportunitieswillbeshiftedtoincludetheassessmentofEnvironmentalImpactsandDependencies.

In2024,disclosersshoulddemonstratevisibilityandknowledgeof

theentitiestheyhavecontrolover,aswellasacrosstheirvaluechain.Additionally,underTNFDguidance,respondingorganizationsshouldidentifyprioritylocationsforforests,waterandbiodiversity.

Whatdoesintegrationmean?

Therewillstillbetheme-specificquestionsandscoresintheCDP

CorporateQuestionnaire,butdiscloserswillbechallengedwithamoreholisticapproach.Theywillseequestionsonallthethemesthattheyhavebeenrequestedtoreporton,inoneunifiedinterface,andwillonlyneedtosubmitoneresponse.

Theentireresponsewillneedtobeeither‘public’or‘non-public’,exceptforthecontentspecifictosupplychainmemberrequests,which

remainsprivate.

Doesanintegratedquestionnairemeanacompanywillreceiveonescore?

No.In2024,companieswillcontinuetobescoredseparatelyonclimatechange,watersecurity,andforests.Pleasenotethatplasticsand

biodiversityquestionsin2024willnotbescored.

WhatwilltheCDPCorporateQuestionnairelooklike?

Historically,somequestions-forexample,ongovernance-were

repeatedacrossallthreeCDPquestionnaires.Wherepossible,we

arenowcombiningthesequestionstoofferabetteruserexperiencefordisclosersandtoencouragecompaniestothinkholisticallyaboutenvironmentalmanagement.

Integrationwillchangetheformatofthequestionnaire,butin2024theinformationwearerequestingfromcompaniesandtheactionswe’reseekingtodrivewillnotfundamentallychange.CDPwillstillaskfor

theme-specificdatapointswithinthisintegrateddataset.Questionsthatareonlyrelevanttooneenvironmentalissuewillbekeptseparate.

Supplychainquestions,presentedtosupplychainrequested

organizations,havealsobeenspreadthroughoutthequestionnaireandarenolongerinastandalonemodule.

13

TheCDPCorporateQuestionnairehasbeenorganizedintothefollowingstructureandmodules.

Companiescanexpecttoseeintegratedquestionsinallmodules

withtheexceptionof‘EnvironmentalPerformance’,whichwillincludedistinctsectionsandquestionsforeachoftheenvironmentalthemestheyarereportingon.Thisappliestoallsectorsotherthanfinancialservices.

Forallothermodules,thedegreeofintegrationwithinsinglequestionswilldiffer.Inmanyintegratedquestions,wewillstillaskfortheme-

specificdatapointstoprovidegranularityandcontinuity.

Integratedquestionswillbestructuredinanumberofdifferentways

–twoillustrativeexamplesareprovidedonthenextpagetoshowhowintegrationwillworkandotherswillbesharedoverthecomingmonths.

Biodiversity

Climatechange

Forests

Plastics

Watersecurity

Productsandservices

Supplychainand/orvaluechain

InvestmentinR&D

Operations

14

Example1

Forsometopics,companieswillbeaskedtoreportonallrequestedthemeswithina

singletable,witheachthemeinaseparaterow.Theabilitytocopydatafromonerowtoanotherifit’sapplicabletomultiplethemeswillreduceworkandminimizeduplication.

Illustrativeapproach

accountsforother

environmentalissues

Indicatewhetherthereisaprocessinplace

Primaryreasonfornothavingaprocess

Explainwhyyoudonothaveaprocess

Indicatewhetherthis

assessmentprocess

Q:Doesyourorganizationhaveaprocessforidentifying,assessing,andmanagingenvironmentaldependencies,impacts,risks,andopportunities?

Listofoptions:•Yes

•No,butweplantodosowithinthenexttwoyears

•No,andwedonotplantodosowithinthenexttwoyears

Listofoptions:

•Important,butnotanimmediatepriority

•Judgedtobeunimportant,explanationprovided

•Lackofinternalresources/capabilities

•Other,pleasespecify

TextfieldListofoptions:

•Yes•No

Asabove

Asabove

Asabove

Asabove

Asabove

Asabove

Asabove

Asabove

AsaboveAsaboveAsaboveAsabove

Asabove

Asabove

Asabove

Asabove

Example2

Inotherinstances,companieswillbeabletoreportinformationpertainingtomultipleenvironmentalissueswithinthesamerowbyansweringthecorequestionandthenidentifyingwhichtheme(s)thatanswerappliestofromadrop-downlist.

Illustrativeapproach

Q:Describewhereandhowenvironmentalrisksandopportunitieshaveinfluencedyourstrategy.

Haveenvironmentalrisksand/

oropportunitiesinfluencedyour

strategyinthisarea?

Listofoptions-selectfrom:

•Yes,risksonly

•Yes,opportunitiesonly

•Yes,bothrisksandopportunities•No

•Evaluationinprogress

•Notevaluated

Environmentalissuesrelevanttotherisksand/oropportunitiesthathaveinfluencedyourstrategyinthisarea

Listofoptions–selectallthatapply:

•Climatechange

•Forests

•Water

Describehowenvironmentalrisks

and/oropportunitieshaveinfluenced

yourstrategyinthisarea

Textfield

Asabove

Asabove

Asabove

Asabove

Asabove

Asabove

Asabove

Asabove

Asabove

Howwillwedeterminewhichthemesacompanyisrequestedtodiscloseon?

ThenewCDPCorporateQuestionnairedoesnotmeanthatall

companieswillhavetoanswerdatapointsonallenvironmental

themes.Allcompaniesrespondingtothefullquestionnairewill

continuetobeassignedclimatechangedatapointsin2024andwillalsobeaskedquestionsonPlasticsandBiodiversity.

Questionsonforestsandwaterwillcontinuetobepresentedto

companiesbasedonhowrelevanttheseissuesaretotheirbusinessandactivities.TherelevanceofthesequestionswillbeassessedusingtheCDPActivityClassificationSystem(ACS)methodology,followingthesameprocessCDPhasusedtodeterminerequeststolargepubliccompaniesforthelastdecade.

Theapproachforinvestor-requestedcompanieswillbethesamein2024asinpreviousyearsandwewillreleasethemethodologyfor

assessingwhetherasectorwillreceiveforestsandwaterquestionsinearly2024;therewillonlybeminorchangesfromthe2023

methodology.Forforestswewillusethesectormethodologyoutlinedin

Appendix1

,andforassignmentofwaterthemeswewilluseour

WaterWatchtool

.

CompaniesthathavebeenrequestedtorespondtoforestsandwatersecurityinthepastwillmostlikelybepresentedwiththesethemesagainaspartoftheCDPCorporateQuestionnaire.Ifuseful,youcanfindoutwhichtheme(s)agiveninvestor-requestedcompanywas

askedtorespondtoin2023

here

.

Themoresignificantchangein2024isthatthismethodologywill

beappliedtoallcompanies,sowillalsobeusedtodeterminewhich

themesthoserequestedonlybytheircustomer(s)willbeassigned.

Whereaspreviously,forexample,supplychainmembershaveidentifiedwhichtheme(s)theirsuppliersareaskedtodiscloseon,goingforwardsthiswillbedeterminedbyCDP,followingassessmentusingtheCDP

ACS.Thisalsoappliestocompaniesaskedtodisclosebyabankorprivatemarketinvestor.

CDPsupplychainmembers,banks,andprivatemarketinvestorswill

stillbeabletoadditionallyrequesttheirstakeholderstodiscloseonanytheme(s)theyconsiderrelevant,regardlessofCDP’sassessment.

Wewillbemakingonefurtherchangein2024-wewillbeallowing

organizationstoindicatewhethertheyhaveidentifiedany

dependencies,impacts,risksoropportunitiesrelatingtoforestsandwater.Iftheyselectyes,theywillbepresentedwiththeforestsandwaterquestions.Thiswilladdanotherlayerofverificationtoensureourstakeholdersaredisclosingonandreceivingthemostrelevantinformationtodriveaction.

15

Climatechange

Plasticsandbiodiversity

Forests

Watersecurity

16

Plastics

In2023,companiesdisclosingonwatersecuritywerealsopresentedwithasetofplasticsquestions.Whileplasticshasastrongimpactonwaterquality,itisalsorelevantacrossawiderrangeofenvironmentalissuessoin2024,allcorporatedisclosers,withtheexceptionofSMEsandpublicauthorities,willbepresentedwithsomebasicdatapointsonplastics.High-impactsectorsforplasticsimpactmaybepresentedwithawiderrangeofquestions.

From2024,theplasticsactivitiesidentificationwillexpandfrom

production/commercializationtoprovisionofwasteand/orwater

managementactivities,aswellasprovisionoffinancialproducts/

servicesforplastics-relatedactivities.Thiswillallowforfuture

expansionofplastics-relatedmetricstocapturethefullvaluechainofactivities.

Biodiversity

Biodiversityquestionsinpreviousyearshavebeenpresentedtoanyonedisclosingontheclimatechangequestionnaire.CDPrecognisesthe

connectivitybetweenbiodiversity,climatechangeandallnature-relatedissues,soallcorporatediscloserswillbepresentedbasicbiodiversitydatapointsin2024,withtheexceptionofSMEsandpublicauthorities.

Neitherplasticsnorbiodiversityquestionswillbescoredin2024.

Disclosers

Allcorporatedisclosers

Allcorporatedisclosers(exceptSMEsorpublicauthorities)=respondingtoFull

Corporatedisclosersifatleastoneofthefollowingismet(forSMEs#2,4only)

1.CDP’sforests’industryimpactclassification;

a.Samplesettingprocessforinvestor-requestedcompanies

b.Appliedinquestionnairesetupfornon-investor-requestedcompanies

2.Requestedtoforestsbyarequestingauthority(egbyasupplychainmember,etc);

3.Self-assessment:orghasidentifiedDIROrelatingtoforests;

4.Opt-intoforests.

Corporatedisclosersifatleastoneofthefollowingismet(forSMEs#2,4only)

1.CDP’swaterindustryimpactclassification;

a.Samplesettingprocessforinvestor-requestedcompanies

b.Appliedinquestionnairesetupfornon-investor-requestedcompanies

2.Requestedtowaterbyarequestingauthority(egbyasupplychainmember,etc);

3.Self-assessment:orghasidentifiedDIROrelatingtowater;

4.Opt-intowater.

Forestsupdate

4

18

Forestsupdate

DeforestationremainsoneofthekeyenvironmentalissuescapturedthroughCDP’sdisclosureframework.

Themostsignificantchangestotheforestsquestionnairein2024willbe:

聞Whilstmaintainingafocusonforestsanddeforestation,weareincreasingthefocusonconversionofothernaturalecosystems.

聞Movingtoasingleforestsscore.

聞StrengthenedreportingonDeforestationandConversionFree(DCF)volumes,themethodsusedtoachieveDCFandprogresstowardsit.

Reframingforestsdisclosure

In2024,wewillremovetheemphasisoncommodity-drivendatapoints

forseveraloftheforestsquestions,butmaintainthemwhere

appropriateandimportant–andreframethemwithintheland-relatedlens,coveringlanduseandlandusechange.

Asingleforestsscore

Thesingleforestsscorewillcomprise:

1.Ageneralscoreresultingfromthepointsachievedforallnon-commoditydrivenquestions.

2.Acombinedcommodityscorederivedfromcommodity-specific

questions.Wemayalsointroduceaweightingtoreflectthe

company’suseof,anddependencyon,theirdisclosedcommodities.

Thiscombinedcommodityscoremayalsobebasedonanewdatapointontotalvolumesproduced,usedorsourcedbyacompanywhichwill

beusedtoobtainaweightingthatreflectstheuseanddependencyofacompanyontheirdisclosedcommodities.

StrengthenedreportingonDCFvolumes

Throughtheforestsquestionnaire,wewillcontinuetoincentivizecompaniestotakeactionondeforestationandconversionofothernaturalecosystemsintheircommoditysupplychains.Wewill

strengthenthereportingonDCFvolumes,themethodsusedtoachieveDCF,andprogresstowardsDCF.

ThisupdatewillallowalignmentwiththeAccountabilityFrameworkinitiative(AFi),theCommonMethodology,GRI,andothers.

Additionaldevelopmentunderway

RecentupdatesmadetotheAFiCorePrinciplesandOperational

Guidance,aswellastheCommonMethodology,willguideourthinkinginupdatingtheforestsquestionnairefurtherandmayresultinsomenewdatapoints,butalsoinlanguagechanges.

CDPintroducedjurisdictionalandlandscapeapproachesinpreviousyears.Wewillkeepbuildingonthesequestionsandareworkingondatapointsaroundclaimsthatorganizationsaremakingabouttheinvestmentsand/oractionsthattheyaretakinginthelandscapeandjurisdictiontheyrefertointheirdisclosure.

19

Financialservices

5

21

Financialservices

In2024,financialservices(FS)datapointswillbeintegratedintotheCDPquestionnaireviaafinancialservicessectortag.FScompanieswillthereforeseeatailoredquestionnairewiththreetypesof

questions:

1.Questionsshowntoallsectors.

2.QuestionsshowntoallsectorswithadditionaldetailsanddatapointstailoredtoFSonly.

3.FS-specificquestions.

IntegrationofforestsandwatersecurityforFS

In2023,forestandwaterdatapointsforFScompanieswereincludedintheclimatechangequestionnaire.In2024,mostquestions

relatingtoFScompanies’portfolioactivities(financeactivities)willbeintegrated.Onlyafewportfolioquestions-alongwithquestionsrelatingtooperationalactivities-willbetheme-specific.

Whileintegrationhasbeentheprimarydriverforthechangestothe

sectorquestionnaire,standardsalignmenthasalsobeenanimportantfactorindeterminingchanges,particularlyinrelationtoalignmentwithIFRSS2andEUtaxonomy.

OrganizationsdisclosingtotheFSquestionnairewillalsobeshownsomeunscoredbiodiversityandplasticsdatapointswhererelevant.

AlignmentwiththeGlasgowFinancialAllianceforNetZero(GFANZ)

Wewillmakethenecessaryupdatestothe2024questionnaireto

ensurethatfinancialinstitutionshaveasuitablereportingmechanismtodemonstrateprogress,includingagainsttheirnet-zerocommitmentsforGFANZsector-specificalliances,aswellagainsttheInvestor

AgendaInvestorClimateActionPlans(ICAPs)frameworkandtheGFANZvoluntarytransitionplanrecommendationsandguidanceforfinancialinstitutions.

AlignmentwiththePartnershipforCarbonAccountingFinancials(PCAF)

CDP’s2023climatechangequestionnairewasbroadlyalignedwiththefirstversionofPCAF’sGlobalGHGAccountingandReportingStandardandallowedfinancialinstitutionstoreporttheirportfolioemissionsinawaycompatiblewiththestandard.In2024,CDP’squestionnairewillbefurtheralignedwiththePCAFstandard.

22

聞聞

2024scoringforforestsandwatersecurityforFSorganizations

ForestsandwatersecurityforFScompanieswillbescoredprivatelyin2024.TheclimatechangescoreforFSwillnotbeimpactedbythesescores.

Scoringframework

6

23

24

Scoringframework

CDPwillcontinuetoprovidedetailedinformationabouthowcompanieswillbeassessedperquestion.

Whilethescoringmethodologiesarebeingreviewedinlinewiththeplannedquestionnairechanges,wedon’texpectmajorchangesin2024.

CDPiscurrentlyprioritizingtherequirementsoutlinedunderseveralreportingstandards(ESRS,IFRS,TNFD,TCFD,SEC),andworkingtoidentifyprioritiesforcompaniesbasedonthesewiththeobjectiveofguidingcompaniestoabusinessmodelcompatiblewitha1.5°C,nature-positiveworld.

Thisyear,wewillcontinuetoscorebasedonprimarysector

assignment.Companieswillreceiveaseparatescoreforclimate

change,forestsandwatersecurity.Biodiversityandplasticswillremainunscoredin2024.

Toraiseambitiononenvironmentalaction,weareassessingwaysofmakingourscoringsystemmorerobustandfutureproof,andprovidingclarityontheabsolutefoundationsthatcompaniesmusthaveinplacetobeconsideredeligibleforacertainscoringlevelthroughtheuseofeligibilitycriteria.ThesearealreadywellestablishedforourAList.

Wewillprovidemoreinformationandillustrativeexamplesatalaterstage.

SMEdisclosure

7

26

SMEdisclosure

Anexcitingchangefor2024willbetheintroductionofadedicatedquestionnaireforsmallandmediumenterprises(SMEs).Thiswillprovideamuch-improvedexperienceforSMEs,allowingthemto

discloseviaastreamlinedandsimplifiedquestionnairethatismoreappropriatefororganizationsoftheirsize.

CDPhasbeenworkingforseveralyearstobettersupportSMEsto

measureandactonth