27 Apr 16

CDP updates its climate change reporting guidance

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).

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25 Apr 16

EU Non-Financial Reporting Directive – the latest

Since its introduction in 2014, the EU Non-Financial Reporting Directive (aka Directive 2014/95/EU) has been a hot topic and the implications to affected organisations and corporate disclosure have been widely discussed.  In this blog, we summarise the current status of the Directive and what we think you need to know.

Background

In 2014, the EU introduced a new directive on the disclosure of non-financial and diversity information by large companies and organisations. Developed to provide investors and other stakeholders with a comprehensive picture of performance, the Directive requires organisations to publish accurate non-financial reports.

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19 Apr 16

“When the world changed” – reflections from the Annual CDP UK Workshop

Marian Moynihan, Consultant at Greenstone, attended the Annual CDP UK Workshop held in London last week. In this blog, Marian reflects on some key take-aways from the event.

“When the world changed” was the opening speech at this year’s Annual CDP UK Workshop.  Lord Deban, the chairman of the Committee on Climate Change captivated the room as he spoke passionately about the “battle on climate change” and the steps we need to consider to mitigate the impacts. This opening paved the way for a day of thought provoking presentations and useful workshops focusing on various areas of the CDP questionnaires.

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