Low Carbon_FAQ-Zhongbang Registration Compliance

How to determine reporting boundaries? If the reporting organization is a branch or factory level organization, should other branches or factories be included?
A
CDP and its customers expect to see emissions data and environmental management details for the full range of the invited companies (all production sites or subsidiaries). If data and information on the activities of all sites or branches can be collected, the emissions can be aggregated and filled out in the online questionnaire (e.g., Scope 1 and Sco
CDP
Jul. 20th, 2023
What data do companies need to collect for greenhouse gas accounting?
A
Starting with the delineation of equipment related to greenhouse gas emissions, the equipment may be directly controlled/owned by the company and used in the production process (scope 1), or it may be equipment that uses outsourced electricity, heat, etc. (Scope 2). The most common greenhouse gases are 1) fossil fuels (coal, natural gas, gasoline and d
CDP
Jul. 20th, 2023
If a company has multiple department/subsidiary filers filing together, how can the respective answers be integrated?
A
Note that an organization that is invited to fill out and submit a questionnaire is required, and all respondents from different departments or branches are required to integrate the responses - such as greenhouse gas emissions, etc. - into the questionnaire. In the process of collecting data and information of various departments/branches, offline que
CDP
Jul. 20th, 2023
How to choose the reporting year? Natural year or financial year?
A
The recommendation is consistent with the financial year of the enterprise. In principle, companies can choose the most recent 12 months for which complete data is available. If it is less than 12 months old, the data for the whole year can be prorated.
CDP
Jul. 20th, 2023
What currencies does EcoVadis accept?
A
EcoVadis invoices show the amount and only support US dollars and euros, but can also accept payment methods in other currencies, including RMB, through the fast Alipay direct scan code or credit card payment.
Jul. 18th, 2023
How long does the EcoVadis evaluation take from start to finish?
A
Generally, the preparation time is at least 2 months, and some industries are complex and large-scale enterprises, and the preparation time needs to be longer. After submitting the questionnaire, it takes about 6-8 weeks to evaluate the results, so it generally takes about 4 months from preliminary preparation to getting the results.
Jul. 18th, 2023
EcoVadis currently what industry companies do more?
A
At present, there are more industries that do EcoVadis evaluation: exhibition props production, marketing, logistics freight forwarding, chemical production, chemical trade, printing and packaging production, printing and packaging trade, cosmetics packaging materials, pharmaceutical raw materials and architectural decoration projects.
Jul. 18th, 2023
Do companies have to set net zero targets?
A
Not really. However, businesses that commit to joining the SBTi on or after July 15, 2022 must use Version 5 of the standard, which needs to be aligned with the 1.5°C path for most businesses.
SBTi
Jan. 25th, 2023
What emissions are included and excluded in the target validation by the SBTi?
A
The SBTi requires companies to provide 100% of their greenhouse gas emissions for verification. Companies can exclude 5% of their emissions. The SBTi requires targets to cover 100% of Scope 1 and Scope 2 emissions. The SBTi requires the target to cover 67% of mandatory Scope 3 emissions (see page 35 of the GHGP Enterprise Value Chain Scope 3 standard).
SBTi
Aug. 05th, 2022
How many years should your goals cover? What are the base year and the announcement year?
A
All objectives must cover a minimum of 5 years and a maximum of 10 years from the date the objectives are submitted to the Science Objectives Programme. Only targets submitted in the first half of the Gregorian calendar year can incorporate the current year into the five-year minimum. For example, companies that submit their targets by the end of June
SBTi
Apr. 11th, 2022

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