What does the acronym 'CDP' stand for in sustainability accounting?

The acronym 'CDP' stands for Carbon Disclosure Project. This organization is widely recognized for its role in promoting transparency around the environmental impact of companies and cities, specifically in relation to carbon emissions and climate change. The CDP encourages organizations to measure, disclose, manage, and share their environmental information, enabling stakeholders to make informed decisions based on a company's sustainability performance. By focusing on carbon footprints and climate-related data, the CDP plays a crucial role in driving accountability and action toward a more sustainable future.

The other options, while they may sound relevant, do not represent the established name or objectives of the CDP. The "Climate Data Program" and "Certified Development Protocol" are not recognized frameworks or initiatives within sustainability accounting as directly connected to the mission of the CDP. Similarly, "Carbon Development Partnership" does not accurately capture the purpose or historic context of the CDP as it is known in the sustainability field.