Request for Proposal
CDP is developing a sustainable finance reporting framework covering both Climate Change and Forest metrics. The framework will help banks assess and improve their management of forest related risks within their lending portfolios through an annual questionnaire. CDP are seeking to commission a third-party provider to support engagement with Southeast Asia (SEA) banks in delivering capacity building activities and to support SEA Banks in responding to the questionnaire. The targeted SEA banks are mainly Indonesian, Malaysian and Singaporean and the provider will need a good working knowledge and presence in the region.
Southeast Asia is home to nearly 15% of the world’s tropical forests which are an important biodiversity hotspot. South East Asia is also one of the world’s major deforestation hotspots caused by land conversions to give way for agriculture and timber plantations. There have been significant improvements in recent years by the palm oil sector, investors and government to protect tropical forests but significant gaps still remain - specifically within the banking sector.
In response to this, CDP is delivering an ambitious project that aims to increase transparency within SEA banks. CDP has developed forests specific metrics that will be piloted this year across a targeted group of SEA banks. Through the process of disclosure, CDP hopes to build capacity within the banking sector, raising awareness of forest related risk in lending portfolios, identifying key actions that banks can take to reduce that risk, and to support the sector to better engage with portfolio companies.
By the end of the project the targeted SEA banks will have the necessary tools and evidence to shift capital away from destructive practices and move capital towards more sustainable commodity production systems.
CDP is a global non-profit that focuses investors, companies, cities and governments to disclose and act on their environmental impacts. This network of over 515 investors and 125 purchasing companies representing over $106 trillion in assets and purchasing power, along with policymakers and NGOs around the world, uses CDP data and insights to make better-informed decisions to shift capital towards a low-carbon economy. Our disclosure platform collects data annually from over 8,400 companies on their business operations related to climate change, water security, and deforestation, as well as reporting from over 920 cities, states and regions on mitigation and adaption efforts. The result of this disclosure across sectors and geographies is the world’s most comprehensive collection of accessible, comparable and self-reported environmental data that is used to drive action by public and private actors.
CDP require a third-party provider to support targeted SEA banks to respond to CDPs pilot questionnaire that integrates climate change and forest metrics for the first time. Capacity support should be provided for climate and forest reporting metrics through a mixture of high-level group sessions to more focused one to one support. The pilot questionnaire is attached in Appendix A. Tailored support to banks will be required throughout the disclosure period between 15 June until 15 October 2020. A full list of targeted SEA banks is provided in Table 1.
Engagement with SEA Banks will be coordinated and supported by CDP Hong Kong and North America Investor Engagement Managers. The CDP London technical team will provide all relevant data and technical support relating to the pilot questionnaire and disclosure process including questionnaire guidance documents.
The provider delivering this work should be able to demonstrate the following experience and qualifications especially in Indonesia, Malaysia and Singapore:
The supplier should send the documents listed below to [email protected]. The subject line should be titled: Building capacity with Southeast Asia Banks to report on forest and climate risk. Clarification questions should be sent to [email protected].
Deadline for submission: 7 June 2020