Your opportunity to align with global best practices

Businesses opt to report to CDP for a multitude of reasons. A significant factor is the growing demand from investors and customers for enhanced transparency regarding sustainability practices, aiding them in making well-informed investment or procurement choices. Additionally, some companies leverage CDP as a preparatory tool for forthcoming regulations mandating sustainability disclosure. Furthermore, there are those who prioritize sustainability voluntarily, viewing it as a strategic approach to employee engagement and market positioning.

The duration for preparing a CDP submission varies, typically spanning from 1 to 3 months. Factors influencing this timeline include the complexity of your business operations, your current data collection procedures, and previous experience with CDP submissions or similar sustainability disclosures. Leveraging a sustainability software solution such as NetNada can speed up this process significantly. By automating data collection and seamlessly integrating emissions data and energy data into high scoring questions, NetNada increases efficiencies, potentially reducing preparation time.

Your submission preparation strategy is based on several key factors: the quality of your data, your familiarity with sustainability disclosures, and the size of your sustainability team. For newcomers to sustainability reporting, consultants can offer valuable guidance; however, they may pose drawbacks in terms of speed and cost compared to sustainability software platforms. NetNada presents a compelling solution, featuring built-in CDP scoring and reporting guidance. In addition, our team of sustainability experts are readily available for help if needed and to ensure best practices into your disclosure process.

Those who submit by the July deadline to the CDP are given the opportunity to maintain privacy regarding their score for the initial year. This allows for feedback and improvement on the submission without immediate public scrutiny. For numerous companies, embarking on their sustainability journey means grappling with initial challenges, and thus, obtaining a lower CDP score is often deemed acceptable. Disclosing to CDP serves as a catalyst for identifying gaps in your sustainability program. By addressing these gaps, you not only increase your score but fast-track meaningful sustainability initiatives.