BOULDER, CO, Feb. 6, 2015 -- The Carbon Disclosure Project (CDP), an international, not-for-profit organization providing a global system for companies and cities to measure, disclose, manage, and share vital environmental information, recently announced that it has selected WSP Group, a Canadian-based engineering professional services consulting firm, to serve as one of two U.S. consultancy partners for its pilot water consultancy partnership.
Acknowledging an increasing interest in corporate water stewardship, CDP launched the water consultancy partnership this year with a goal to better support company engagement with and improvement of water management and stewardship. With expertise in water risk assessment, water accounting, the development of water strategies, and the development of corporate water stewardship plans, CDP's water consulting partners anticipate working closely with responding companies to provide guidance and expertise on a wide range of water-related issues.
CDP drives corporate awareness of how to increase efficiency, realize monetary savings and capitalize on commercial opportunities from the management of energy, climate change, water, and forest-risk commodities in direct operations and across supply chains. The water program focuses specifically on corporate water stewardship with an aim to safeguard the world's precious water resources.
Through its network of investors, CDP's water program targets the largest listed companies in the world in sectors for which water is a material issue. Now in its fourth year, the water program has seen significant increase in investor support and now includes 573 investor signatories managing $60 trillion in assets. Through CDP's water program, investors are able to promote corporate water stewardship as a key component of a resilient and sustainable business.
About CDP
CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. The company works with market forces, including 767 institutional investors with assets of $92 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDP now holds the largest collection globally of primary climate change, water and forest risk commodities information and puts these insights at the heart of strategic business, investment and policy decisions. For more information, visit www.cdp.net.
About WSP
WSP's Sustainability and Energy team helps clients navigate a complex sustainability landscape and unlock opportunities to reduce cost, create brand value, and mitigate risk, ultimately building more resilient organizations that can thrive in a changing market. The company has experience supporting all aspects of the CDP response process, including calculating inventories; developing strategy, policy and governance programs; assessing risk and opportunity; conducting external verification; and drafting responses to CDP's annual questionnaires. WSP has provided inventory or CDP support to over 20 companies in CDP's 2014 leadership indices. For more information, visit www.wspgroup.com.
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