The Paris Agreement signed in 2015 highlighted the need of transparency and empowerment for limiting global warming. Such a change in behaviour needs a strong structure which gathers information and gives an objective result: this is the role played by CDP, formerly known as Carbon Disclosure Project. It is the most recognized climate change NGO, which investigates interested companies, towns and countries on several environmental themes to disclose their results and to prove their efforts in this field. According to CDP, 5600 companies participated in its survey in 2016. It is said that 533 towns have also given their information to CDP, as well as 71 states and regions. For this reason, the Harvard Business School announced that CDP is “the most important environmental NGO you’ve never heard of”.
- Company strategy identification regarding carbon performance
- Companies ability to identify risks and opportunities related to climate change on their activities; organization of actions to reduce their impact on environment
- Companies ability to calculate their CO2 emissions on scopes 1, 2 and 3* in accordance with GHG frame of reference
- Companies ability to generate carbon credit (« emission trading »)
A detailed benchmark
The precision of these assessment’s results is an opportunity for companies to change their carbon approach and to define concrete action plans, especially through the risk and opportunity analysis, as well as a sector benchmark.
Some activities which have high environmental impacts, such as transport and logistics, must strengthen their efforts to participate in this kind of project and to show their improvements. Among the companies of this sector assessed by CDP, you can find GEODIS.
GEODIS has been working closely with CDP for three years to evaluate its supply chain. For the last year, GEODIS’s score has been highly increasing thanks to the work of several Lines of Business: Road, Freight Forwarding and Logistics. This score is the proof of the CSR group strategy and it shows the efforts to reduce efficiently greenhouse gases emissions. In a continuous improvement approach, GEODIS is currently answering 2017 assessment.
*Scope 1: all GHG directly linked to the product manufacturing. Scope 2: all GHG linked to the energy consumptions necessary for the product manufacturing. Scope 3: all the other GHG emissions which are not directly linked to the product manufacturing, but to the other product lifecycle steps (supply, transport, use, end of life…)