After COP21 and the historical Paris agreement, many companies have begun setting more ambitious climate change targets. To reflect this momentum, CDP has amended its guidance on what constitutes an active target which can be reported through the CDP questionnaire in 2016. It has published this updated version of guidance for companies reporting on climate change.
In summary, CDP will now be accepting new targets that were not active during the reporting year, so companies can also report any targets set after the reporting period with base year 2016. It is important to note that, if companies are setting targets with 2016 as a base year, this will only be accepted if their reporting year aligns with their financial reporting year (e.g. from April 2015 to March 2016).