The performance band is awarded where a company’s disclosure score is 50 or more, as below this there is likely to be insufficient information to make a judgement. It is represented by a letter from A to E, (including an A- band). It is a measure of the positive actions that the company has demonstrated through their CDP response. These include actions to promote climate change mitigation, adaptation and transparency. CDP acknowledges that the performance scoring process is evolving and recommends that investors review individual company disclosures in addition to performance rankings in order to gain the most comprehensive understanding of company performance.
Companies with the top scores for disclosure qualify to be listed in the Climate Disclosure Leadership Index (CDLI) for their sample – their group based on market capitalization e.g. the Nordic 200. Top-scoring companies for performance qualify to be listed in the Climate Performance Leadership Index (CPLI) provided they also meet some additional criteria that are explained in detail on the performance scores page.
To qualify for inclusion in either leadership index, a company also has to make its response public and submit it via CDP’s Online Response System. Both scores are based solely on information in CDP responses.