We are setting a target with the TR using 2021 CDP data for the “target data” in the TR tool.
CDP’s 2021 questionnaire (question C4.1a/b) only asked the “Covered emissions in base year as % of total base year emissions in selected Scope(s)”. Therefore, if a company has a target that covers Scope 1 and Scope 2 and they report such target covers 95% of base year emissions in selected scopes, there’s no way of knowing how much of S1 and how much of S2 is being covered (which is required as per the excel data templates of the TR tool).
How should we proceed:
- Assume the coverage is spread equally across scopes e.g. 95% S1 and 95% S2.
- Omit targets which aren’t clear (we don’t have details about scope coverage) and keep the remaining ones per company (if possible) e.g. if Company A has 2 absolute targets we only register the one that has all the details available.
- Assign a default score for the company regardless of whether they have other targets in place.
Moreover, what happens if we aren’t able to source emissions data (broken down by scopes) from the base year? e.g. Company A’s target base year is 2013 and emissions data for 2013 is not reported in Bloomberg. Should we assign a default score even though the company does have targets? Should we leave the columns blank (which we believe is not allowed by the tool)?