2024-12-03T10:08:57-06:00 2024-03-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2023-04-01 364709977 CDP NORTH AMERICA INC CDPN 2123782086 127 W 26TH STREET 300 NEW YORK NY 10001 LORI LLEWELLYN MANAGING DIRECTOR 2123782086 2024-12-03 1 1 GARRETT M HIGGINS P00543209 2122862600 2024-12-03 2023 2024-10-15 13:58:12Z LORI LLEWELLYN 127 W 26TH STREET 300 NEW YORK NY 10001 38391672 0 X WWW.CDP.NET/EN X 2011 DE TO PREVENT DANGEROUS CLIMATE CHANGE, PROTECT RESOURCES, AND CREATE A SUSTAINABLE GLOBAL ECONOMY. 4 4 129 4 0 0 11966866 17468613 15010069 20544384 268370 378675 0 0 27245305 38391672 8391956 24104860 0 0 9176623 11899173 0 0 937110 8996476 11781523 26565055 47785556 680250 -9393884 39366711 33766663 13480275 17274111 25886436 16492552 X CDP NORTH AMERICA, INC. 'S ("CDP-NA") VISION FOR THE FUTURE IS A THRIVING ECONOMY THAT WORKS FOR PEOPLE AND PLANET IN THE LONG TERM. WE FOCUS INVESTORS, COMPANIES AND GOVERNMENTS ON TAKING URGENT ACTION TO BUILD A TRULY SUSTAINABLE ECONOMY BY MEASURING AND UNDERSTANDING THEIR ENVIRONMENTAL IMPACT. TO THAT END, CDP PIONEERED THE ONLY GLOBAL SYSTEM FOR COMPANIES AND GOVERNMENTS TO DISCLOSE AND MANAGE THEIR ENVIRONMENTAL PERFORMANCE. CDP-NA IS PART OF THE NOT-FOR-PROFIT CHARITY NETWORK CDP WORLDWIDE WHICH TRACKS HOW COMPANIES AND CITIES MEASURE, DISCLOSE, MANAGE AND ACT UPON VITAL ENVIRONMENTAL INFORMATION. 0 0 29268946 20956464 10931654 DISCLOSURE & GLOBAL INITIATIVES:CDP HAS 700+ SIGNATORY INVESTORS GLOBALLY WITH USD $142 TRILLION IN ASSETS. OF THIS NORTH AMERICA ACCOUNTS FOR 203 SIGNATORIES. HIGHLIGHTS FOR HOW NORTH AMERICAN INVESTORS USED CDP DATA OVER THE YEAR INCLUDE: BLOOMBERG INTEGRATES CDP CLIMATE CHANGE, DEFORESTATION, AND WATER SECURITY DATA, CDP SCORES DATA, AND MODELLED EMISSIONS DATA INTO THE BLOOMBERG TERMINAL; INVESCO INDEXING IS USING CDP CLIMATE DATA TO CREATE TRADEABLE INDICES AND INVESTMENT PRODUCTS FOR CLIENTS; MSCI USES CDP DATA TO BUILD INDEX PRODUCTS AS WELL AS PROVIDING OTHER IN-DEPTH ESG SERVICES TO THEIR CLIENTS; ISS USES CDP DATA IN ENVIRONMENTAL & SOCIAL DISCLOSURE QUALITY SCORE, ESG CORPORATE RATING AND CARBON AND CLIMATE FOOTPRINT DATA; S&P GLOBAL IS USING CDP CLIMATE, WATER SECURITY AND DEFORESTATION DATA TO INFORM THEIR RESEARCH AND SERVICE OFFERINGS TO CAPITAL MARKETS AND CORPORATIONS; AND CDP HAS ALSO ESTABLISHED SYMBIOTIC PARTNERSHIP AGREEMENTS WITH THREE ENVIRONMENTAL NGO'S (SHARE, ICCR, EMIA), WHERE CDP DATA IS USED TO DRIVE CORPORATE ENGAGEMENTS. 12832732 3012242 8077972 MEMBERSHIP PROGRAMS:OUR MEMBERSHIP OFFERINGS INCLUDING CAPITAL MARKETS, CDP REPORTER SERVICES AND CDP SUPPLY CHAIN, PROVIDE ENHANCED SUPPORT TO ACCELERATE MEMBERS' ENVIRONMENTAL ACTION.CDP PROVIDES AN UNPARALLELED SET OF ENVIRONMENTAL DATA AND AWARD-WINNING INSIGHTS TO INVESTOR MEMBERS TO ARM THEM WITH THE INFORMATION THEY NEED TO PROTECT THEIR INVESTMENTS FROM RISKY CLIMATE CHANGE AND NATURE IMPACTS.CDP REPORTER SERVICES INCLUDES 138 MEMBERSHIPS, WHICH BENEFIT FROM STRATEGIC ACCOUNT MANAGEMENT AND ENHANCED DATA ACCESS THAT SUPPORT IMPROVEMENT IN THE QUALITY OF THEIR DISCLOSURE.THROUGH CDP SUPPLY CHAIN, 105 NORTH AMERICAN COMPANIES COLLECTED DATA FROM MORE THAN 30,000 GLOBAL SUPPLIERS IN 2023 MANY OF WHICH WOULD NOT OTHERWISE DISCLOSE THEIR ENVIRONMENTAL IMPACT. 471422 136154 1534758 PARTNERSHIPS AND EVENTS:CDP PARTNERSHIPS FOCUS ON BUILDING A STRONG NETWORK OF EXTERNAL STAKEHOLDERS TO DRIVE REAL EMISSIONS REDUCTIONS BY SUPPORTING RESPONDING ENTITIES WITH DATA COLLECTION, SUSTAINABILITY STRATEGY RECOMMENDATIONS, AND MUCH MORE. CDP'S PARTNERS RANGE FROM ACCREDITED SERVICE PROVIDERS TO LARGE COMPANIES THAT ARE INTEGRATING CLIMATE STRATEGY INTO THEIR CORE BUSINESS. CDP-NA ORGANIZES ANNUAL EVENTS WHICH SERVE AS OPPORTUNITIES TO CONVENE EXPERTS AND PRACTITIONERS TO DISCUSS ADVANCES IN SUSTAINABILITY PRACTICES. THE EVENTS HAVE BEEN HELD AT LOCATIONS RANGING FROM GOOGLE'S CAMPUS TO COLUMBIA UNIVERSITY. 42573100 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 7 0 129 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NY CA X X LORI LLEWELLYN 2123782086 127 W 26TH STREET 300 NEW YORK NY 10001 DAVID WOLFSON BOARD CHAIR 4.00 X X 0 0 0 JOYCE HABOUCHA SECRETARY 1.00 X X 0 0 0 DOROTA LAUGHLIN DIRECTOR 1.00 X 0 0 0 DAVID LUBIN DIRECTOR 1.00 X 0 0 0 LORI LLEWELLYN MANAGING DIRECTOR 40.00 X 237958 0 50367 DANIEL GOLDSMITH EXECUTIVE DIRECTOR AS OF FEB 2024 40.00 X 0 0 0 DEVIN DAI HEAD OF FINANCE 40.00 X 121255 0 23803 JONATHAN LABOZZETTA HEAD OF DEVELOPMENT 40.00 X 189976 0 62170 SIMON FISCHWEICHER HEAD OF CORPORATES AND SUPPLY CHAIN 40.00 X 188663 0 41080 KATHERINE WALSH HEAD OF CITIES, STATES, & REGIONS 40.00 X 160990 0 43041 GEORGE M HODGE GLOBAL HEAD OF SALES & BUSINESS DEVELOPMENT 40.00 X 124447 0 16935 ANDREA TENORIO DIRECTOR OF FINANCIAL OPERATIONS 40.00 X 120132 0 27904 ELIZABETH H POSNER HEAD OF EDITORIAL 40.00 X 117571 0 22821 ELIZABETH SMALL GENERAL COUNSEL UNTIL JUL 2023 40.00 X 112829 0 29822 1373821 0 317943 11 0 1 0 ADP TOTALSOURCE 10200 SUNSET DRIVE MIAMI FL 33173 PEO SERVICES 282512 PAULA DIPERNA PO BOX 467 COOPERSTOWN NY 13326 ENVIRONMENTAL CONSULTANT 116568 2 17468613 4161487 17468613 GLOBAL PROGRAM 813312 10931654 10931654 MEMBERSHIP PROGRAM SERVICE FEES 813312 8077972 8077972 PARTNERSHIPS AND EVENTS 813312 1534758 1534758 20544384 378675 378675 38391672 20544384 0 378675 1781933 1781933 22322927 22322927 935862 354419 277497 303946 8502709 6214735 1892634 395340 744377 543398 165792 35187 953061 717754 210819 24488 763164 536620 174531 52013 233593 233593 65562 65562 467475 264742 182444 20289 16843 2498 14345 1216811 1153683 49918 13210 238223 6817 231406 8068915 8068915 440442 343840 26650 69952 242825 139342 96242 7241 31361 24483 1897 4981 48242 48242 BAD DEBT EXPENSE 416920 416920 ENVIRONMENTAL REPORT 204901 30389 174512 REPAIR AND MAINTENANCE 48185 37617 2915 7653 STAFF DEVELOPMENT 27008 18991 6176 1841 14217 9997 3251 969 47785556 42573100 4275346 937110 7469571 13125858 13769614 12419638 8919647 1593302 7613637 5446434 31640 10954 441394 398449 74306 42945 1488296 1127532 39366711 33766663 1850396 2845567 2238453 5533584 6737624 7829168 2653802 1065792 13480275 17274111 X 5574831 8694432 20311605 7798120 25886436 16492552 39366711 33766663 -9393884 0 X X 0 1 X 0 1 1 X 4980381 7877918 7172191 11966866 17468613 49465969 4980381 7877918 7172191 11966866 17468613 49465969 14935688 34530281 14129 1915 56769 126318 378675 577806 50043775 59921389 0.69000 0.64610 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: TO SUPPORT THE SCIENCED BASED TARGETS INITIATIVE DATE: 08/25/21 AMOUNT: 17746026. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 211958 211958 0 229436 186491 42945 42945 LEASE LIABILITY, OPERATING LEASE 1065792 1065792 X 38497523 105851 105851 38391672 0 38391672 47891407 105851 105851 47785556 0 47785556 PART X, LINE 2: CDP-NA RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT CDP-NA HAS NO UNCERTAIN TAX POSITIONS AS OF MARCH 31, 2024 THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. CDP-NA IS NO LONGER SUBJECT TO EXAMINATIONS BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO MARCH 31, 2021. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 21650361 SOUTH AMERICA 0 0 GRANTMAKING 422837 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 249729 0 0 0 0 0 0 22322927 0 22322927 EAST ASIA AND THE PACIFIC FULLFILLMENT OF GRANT DELIVERABLES-HEWLETT CHINA TRAINING, HEWLETT CHINA POLICY AND USAID. 249729 WIRE TRANSFER 0 EUROPE 1) FULFILLMENT OF SUBGRANTS FOR VARIOUS PURPOSES (PROMOTE SCIENCE BASED TARGETS, MITIGATE CLIMATE CHANGE, HALTING DEFORESTATION AND ETC.) AND 2) OPERATING GRANT TO SUPPORT THE GLOBAL ENVIRONMENTAL DISCLOSURE SYSTEM. 20815916 WIRE TRANSFER 0 EUROPE FULLFILLMENT OF GRANT DELIVERABLES-BEZOS EARTH FUND. 763541 WIRE TRANSFER 0 EUROPE FULLFILLMENT OF GRANT DELIVERABLES-NVF TIPPING POINT HARMONIZED REPORTING. 67311 WIRE TRANSFER 0 SOUTH AMERICA FULLFILLMENT OF GRANT DELIVERABLES-MITSUBISHI RAISE AWARENESS AND USAID. 226950 WIRE TRANSFER 0 SOUTH AMERICA FULLFILLMENT OF GRANT DELIVERABLES-BEZOS EARTH FUND. 90591 WIRE TRANSFER 0 SOUTH AMERICA FULLFILLMENT OF GRANT DELIVERABLES-BEZOS EARTH FUND. 105296 WIRE TRANSFER 0 7 0 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION HAS THE FOLLOWING PROCEDURES FOR MONITORING THE USE OF GRANTS OUTSIDE THE UNITED STATES: CDP NORTH AMERICA (CDP-NA) PROVIDES SUBGRANTS TO FOREIGN ORGANIZATIONS. CDP-NA IS RESPONSIBLE FOR REPORTING TO THE ORIGINAL GRANTORS REGARDING THE GRANT FUND EXPENDITURES, AND CDP-NA HAS REPRESENTATIVES WHICH WORK DIRECTLY WITH THE RECIPIENT ORGANIZATIONS ON THE USE OF THE FUNDS. PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING TO ACCOUNT FOR ITS EXPENDITURES. 1 WE MEAN BUSINESS COALITION INC 1178 BROADWAY 3RD FLOOR SUITE 325 NEW YORK NY 10017 854146520 501(C)(3) 1344498 0 FULFILLMENT OF GRANT DELIVERABLES TO PROMOTE SBTI STRATEGY AND PROPOSED COLLABORATION TO SCALE UP CLIMATE ACTION WITHIN THE CORPORATE SECTOR. WORLD RESOURCES INSTITUTE 10 G STREET NE SUITE 800 WASHINGTON DC 20002 521257057 501(C)(3) 403635 0 FULFILLMENT OF GRANT DELIVERABLES TO SCALE UP CLIMATE ACTION WITHIN THE CORPORATE SECTOR. MISSION POSSIBLE PARTNERSHIP USA INC 2490 JUNCTION PLACE SUITE 200 BOULER CO 80301 872398379 501(C)(3) 33800 0 FULFILLMENT OF GRANT DELIVERABLES TO PROMOTE ENERGY TRANSITION COMMISSION PARTNERSHIP ON DEVELOPING A TARGET-SETTING METHODOLOGY FOR THE IRON AND STEEL SECTOR. 3 0 PART I, LINE 2: THE ORGANIZATION HAS THE FOLLOWING PROCEDURES FOR MONITORING THE USE OF GRANTS TO DOMESTIC ORGANIZATIONS: CDP NORTH AMERICA (CDP-NA) PROVIDES SUBGRANTS TO ORGANIZATIONS. CDP-NA IS RESPONSIBLE FOR REPORTING TO THE ORIGINAL GRANTORS REGARDING GRANT FUND EXPENDITURES AND HAS REPRESENTATIVES WHICH WORK DIRECTLY WITH THE RECIPIENT ORGANIZATIONS ON THE USE OF THE FUNDS. X X X 0 0 0 0 0 0 0 1 0 LORI LLEWELLYN MANAGING DIRECTOR 221988 0 12825 0 3145 0 20295 0 30072 0 288325 0 0 0 JONATHAN LABOZZETTA HEAD OF DEVELOPMENT 178946 0 10451 0 579 0 15359 0 46811 0 252146 0 0 0 SIMON FISCHWEICHER HEAD OF CORPORATES AND SUPPLY CHAIN 178688 0 9675 0 300 0 14940 0 26140 0 229743 0 0 0 KATHERINE WALSH HEAD OF CITIES, STATES, & REGIONS 152125 0 8550 0 315 0 12216 0 30825 0 204031 0 0 0 PART I, LINE 7 INDIVIDUALS REPORTED ON FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II RECEIVED BOARD APPROVED-DISCRETIONARY BONUSES IN 2023. X 1 4161487 SALES PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2A: THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE CURRENTLY NO COMMITTEES THAT ARE MADE UP OF BOARD MEMBERS. THE FULL BOARD OF DIRECTORS OVERSEES ALL AREAS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS IT FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS THEN REVIEWED BY THE MANAGING DIRECTOR AND DIRECTOR OF FINANCE PRIOR TO DISTRIBUTION TO ALL BOARD MEMBERS FOR THEIR REVIEW. ONCE THE FORM 990 IS APPROVED BY THE BOARD, THE RETURN IS THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CDP NORTH AMERICA, INC. HAS A WRITTEN CONFLICT OF INTEREST POLICY, WHICH IS MONITORED AND ENFORCED ANNUALLY. ALL DIRECTORS AND PRINCIPAL OFFICERS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST THAT MAY EXIST WITH THE ORGANIZATION ON AN ANNUAL BASIS. ANY DISCLOSURES MADE ARE DISCUSSED AS PART OF THE GOVERNANCE AND BUSINESS AGENDA AT THE REGULAR MEETING OF THE BOARD. THE BOARD REVIEWS EACH CIRCUMSTANCE AND DECIDES AS TO WHETHER A POTENTIAL CONFLICT EXISTS, WHETHER ACTUAL CONFLICTS CAN BE FULLY AND SATISFACTORILY ADDRESSED, OR WHETHER OTHER ACTION IS REQUIRED. OUTSIDE LEGAL COUNSEL IS CONSULTED AS PART OF THE DETERMINATION PROCESS, AS NECESSARY. ALL DIRECTORS AND PRINCIPAL OFFICERS ARE REQUIRED TO INFORM THE BOARD CHAIR OF ANY MATERIAL CHANGES THAT DEVELOP DURING THE YEAR REGARDING THE CIRCUMSTANCES OR ADJUSTMENTS TO INFORMATION DISCLOSED IN THE CONFLICT OF INTEREST DISCLOSURE STATEMENT. IF AN INDIVIDUAL HAS A CONFLICT OF INTEREST, THEY ARE EXCUSED FROM PARTICIPATING IN THE VOTE REGARDING THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTOR DETERMINES AND APPROVES THE COMPENSATION OF THE MANAGING DIRECTOR OF THE ORGANIZATION. COMPENSATION PAID TO THE MANAGING DIRECTOR IS DETERMINED BASED ON A VARIETY OF FACTORS; PERFORMANCE IN THE ROLE, THE RATE OF INFLATION, AND COMPARABILITY DATA INCLUDING FORM 990S OF OTHER ORGANIZATIONS, SALARY SURVEYS, AND OTHER BENCHMARKING DATA OF ORGANIZATIONS COMPARABLE TO CDP-NA AND OTHER ORGANIZATIONS WHICH HAVE POSITIONS WITH SIMILAR TALENT AND SKILLS REQUIRED TO DELIVER THEIR WORK AND ACHIEVE THEIR MISSION. THIS PROCESS WAS LAST UNDERTAKEN IN FY2024. THE DECISIONS WERE CONTEMPORANEOUSLY DOCUMENTED. THE MANAGING DIRECTOR RECOMMENDS THE COMPENSATION OF THE OTHER OFFICER AND KEY EMPLOYEES DURING THE ANNUAL SALARY REVIEWS PROCESS WHICH IS SUBJECT TO THE BOARD OF DIRECTOR'S APPROVAL. COMPENSATION IS DETERMINED BASED ON A VARIETY OF FACTORS; PERFORMANCE IN THE ROLE, THE RATE OF INFLATION, AND COMPARABILITY DATA INCLUDING FORM 990S OF OTHER ORGANIZATIONS, SALARY SURVEYS, AND OTHER BENCHMARKING DATA OF ORGANIZATIONS COMPARABLE TO CDP-NA AND OTHER ORGANIZATIONS WHICH HAVE POSITIONS WITH SIMILAR TALENT AND SKILLS REQUIRED TO DELIVER THEIR WORK AND ACHIEVE THEIR MISSION. THIS PROCESS WAS LAST UNDERTAKEN IN FY2024. THE DECISIONS WERE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG, AS WELL AS OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.