What is the Carbon Disclosure Project (CDP)?

Among the many sustainability reporting frameworks, the Carbon Disclosure Project (CDP) stands out as a key player, providing a comprehensive platform for companies to disclose their environmental impacts and strategies; boosting reputation by creating transparency; staying alert to risks and opportunities and aligning with the shifting sands of regulation and benchmarking progress.

A perhaps unintended benefit is that it can serve as a roadmap that guides environmental best practices. Like having a well-marked map that helps to measure and disclose carbon footprint, water usage and other environmental impacts consistently. By following the CDP framework, we not only ensure that we are on the right track in terms of emissions and sustainability, but also in terms of transparency and accountability.

Our CDP scores

The benefit of CDP is not just about knowing your own emissions; it’s about understanding how you stack up against your peers. Industry benchmarking through the CDP is like turning on a spotlight for businesses committed to sustainability. By comparing our carbon disclosure and environmental performance with industry peers, we get a clearer picture of where we stand. This helps identify areas for improvement but also sets a competitive standard for environmental responsibility. Sharing this data fosters a healthy sense of competition, pushing companies to innovate and adopt best practices. It’s a friendly race where everyone benefits from collectively raising the bar.

We are so very proud to have achieved an A- score in CDP Climate Change for the second consecutive year (2023 and 2024), well above our industry average of a C and a significant progression from our initial B- score in 2022. This recognition reflects our deepening understanding of climate risks and opportunities, and our commitment to transparency and action. Out of 24,800 global respondents, only 2% achieved a leadership score of A- or above in the 2024 CDP submission.

The CDP framework has been instrumental in helping us understand and apply global best practices in climate risk management and environmental transparency. Achieving an A- score for two consecutive years has not only validated our efforts but also delivered real business value. It has enhanced investor confidence and strengthened our competitive positioning in global public and private sector contracts. CDP’s rigorous disclosure process has also supported our readiness for evolving regulations like CSRD. For us, CDP is more than a reporting mechanism, it’s a catalyst for resilience, accountability, and long-term value creation.

Building resilience through climate strategy

At the heart of our climate strategy is a commitment to building resilience—ensuring that our business, our customers, and the critical systems we support can adapt and thrive in a changing climate. Our net zero by 2045 target is underpinned by science-based goals, robust governance, and continuous improvement. In 2024, we undertook a comprehensive climate scenario analysis, aligned with TCFD recommendations, to assess transition and physical risks across different warming pathways. The insights are now embedded in our enterprise risk management and strategic planning, enabling us to navigate uncertainty with confidence.

CDP has also helped us uncover opportunities as we are uniquely positioned to support organisations with complex ESG data reporting. We are also helping customers innovate to decarbonise their business models, applying technology to increase efficiency, reduce emissions, and build resilience across value chains—enabling all ships to rise in a just and sustainable transition.

It’s an exciting time to be at the intersection of technology and sustainability, where the twin transition (the simultaneous shift to a digital and net zero economy) is unlocking new opportunities for innovation, resilience, and long-term value. As these two forces converge, we see enormous potential to help our customers transform responsibly and shape a more sustainable future.

“It’s an exciting time to be at the intersection of technology and sustainability, where the twin transition (the simultaneous shift to a digital and net zero economy) is unlocking new opportunities for innovation, resilience, and long-term value. As these two forces converge, we see potential to help our customers transform responsibly and shape a more sustainable future.”

Helen Lambe, Sustainability Manager, Version 1

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