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WSP Releases Updated White Paper, Making the Most of the Carbon Disclosure Project

WSP has updated its white paper, Making the Most of the Carbon Disclosure Project, to coincide with the recent release of the Carbon Disclosure Project (CDP) 2013 Investor Information Request and scoring methodology. Previously published in 2010, WSP's updated white paper provides suggestions to maximize the value and efficiency of responding to CDP. In the new version, WSP, a U.S. consultancy partner to CDP, also discusses how CDP is raising the bar and provides recommendations for an improved CDP response.

 

Commenting on the release of the white paper, Chris Jones, WSP's Executive Vice President, said: "WSP's white paper, Making the Most of the Carbon Disclosure Project, provides insightful, pragmatic, and actionable guidance for companies responding to, or considering responding to, CDP's annual Investor Information Request. As one of the world's leading advisors on sustainability and climate change issues and a U.S. CDP consultancy partner, WSP presents real-life "lessons learned" for each step of the reporting process: from understanding the value of a CDP response; to engaging the right stakeholders within your company; to filling out the questionnaire. If you have been charged with developing a CDP response or improving your company's response, this white paper is an invaluable, quick read."

The paper's recommendations are based on WSP's work with numerous clients in support of their CDP responses. WSP was pleased to see the strong performance of our clients highlighted in CDP's 2012 Global 500 and S&P 500 reports. The average disclosure score of WSP's 2012 CDP clients was 89, while the average score for the S&P 500 was 70. WSP has provided greenhouse gas (GHG) management support to eight of the 15 companies named to CDP's S&P 500 Carbon Performance Leadership Index, and works with two out of only three companies listed on all four S&P 500 and Global 500 leadership indices. WSP's Investor CDP clients have included Bank of America Merrill Lynch, Gap, Wells Fargo, and other leading companies.

For over a decade, CDP, a non-governmental organization, has evaluated corporations on their climate change risks, opportunities, impacts and associated business strategies and performance. As of 2012, CDP's investor initiatives were backed by 655 institutional investors with over $78 trillion in assets. In 2102, 75% of S&P 500 and Global 500 companies responded to CDP's annual questionnaire with 4,112 organizations in total making a disclosure.

WSP was recently selected as a U.S. consultancy partner to CDP for a third year. As a specialist consultancy in environmental, sustainability and energy management issues, WSP is referenced by CDP as an approved partner to help reporting organizations measure and manage their GHG emissions: https://www.cdproject.net/en-US/OurNetwork/Pages/consultancy-partners.aspx. "CDP is delighted to renew our consultancy partnership with WSP in the U.S. for a third year." said Paul Robins, Head of Corporate Partnerships at the Carbon Disclosure Project. "WSP has demonstrated both a strategic and a practical approach to helping organizations understand, manage and reduce their impacts. The depth and quality of WSP's engineering expertise and CDP consulting services make them a valuable contributor as a consultancy partner."

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