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The Carbon Disclosure Project Partners with Accenture, Microsoft and SAP to Establish the De Facto Global Climate Change Data and Reporting Platform.

Article Excerpt
NEW YORK -- The Carbon Disclosure Project (CDP) today announced plans to build an improved and upgraded version of its global climate change disclosure system. The system will make available primary information on corporate emissions performance, collected for use by institutional investors, businesses and the world's national regulatory systems, to drive greenhouse gas emission reductions and performance improvements. The provision of high quality data on climate change and corporate carbon footprints will be vital to supporting a global framework post Kyoto, bridging the gap between corporations' climate change reporting and government regulation.

Beginning in 2010 corporations will report to CDP through the new data system which will increase the quality of disclosure globally, meeting the demand from investors for more detailed, consistent, comparable and actionable data. It will streamline reporting for companies by providing enhanced tools and guidance through a single, fully accessible reporting platform. This platform will enable data to be easily shared with and...