Terms and Conditions

1.1 You must not, without our prior written consent, use any part of the: (i) materials/content; or (ii) data on our site: 

• a) for commercial purposes without obtaining a license to do so from us and/or our licensors; 

• b) in a tradable index, or a benchmark regulated by applicable international benchmark regulations;

• c) for an investment fund or investment product; 

• d) in a subscription or fee-based database service; or 

• e) to be republished, packaged, or resold. 

1.2 You must not, without our prior written consent, use any data on our site for anything other than internal use. 

1.3 For the purpose of interpreting these terms, “materials/content” refers to reports, media, insights, and any content from our blog (that is open source), and “data” refers to questionnaire disclosure data collected through our disclosure system.

1.4 This page (together with the documents referred to on it) tells you the terms under which you may use our website www.cdp.net (our “site”), whether as a guest or a registered user. Please read these terms of use carefully before you start to use the site. By using our site, you are deemed to accept these terms. By accepting these terms, you indicate that you have read and understood them and that you agree to abide by them. If you do not agree to these terms, you must not use our site.

2.1 Our site is operated by CDP Worldwide, a registered charity with registration number 1122330 a company limited by guarantee registered in England and Wales with registration number 05013650 and its wholly owned subsidiary CDP Operations Limited, a limited company registered in England and Wales with registration number 06602534 (together “CDP”, “we” or “us”). Our headquarters are at 4th Floor, 60 Great Tower Street, London, EC3R 5AZ, UK. 

2.2 CDP Worldwide is regulated by the Charity Commission of England and Wales. 

2.3 CDP’s affiliates are globally located subsidiaries of CDP Operations Limited and other organizations within CDP Worldwide’s operational group to whom CDP Worldwide licenses its name and brand (such as CDP North America Inc., and CDP Europe AISBL, and their affiliates). 

3.1 We reserve the right to withdraw or amend the service we provide on our site and your access without notice (see Section 3.5 below). We will not be liable if for any reason our site is unavailable at any time or for any period.

3.2 We permit access to specific areas (“sub-domains”) of our site, to users who have registered with us. 

3.3 If you choose, or you are provided with, a user identification code, password or any other piece of information as part of our security procedures, you must treat such information as confidential, and you must not disclose it to any third party. 

3.4 We have the right to disable any user identification code or password, whether chosen by you or allocated by us, at any time if in our opinion you have failed to comply with any of the provisions of these terms. 

3.5 When using our site, you must comply with the provisions of our acceptable use policy. 

3.6 You are responsible for making all arrangements necessary related to your access to our site. You are also responsible for ensuring that all persons who access our site through your internet connection are aware of these terms, and that they comply with them. 

4.1 We are the owner or the licensee of all intellectual property rights in our site, and in the materials/content and data published on it. These materials/content and data are protected by copyright laws and treaties around the world.

4.2 All intellectual property rights are reserved. 

4.3 “CDP” is a UK registered trademark of CDP Worldwide, 4th Floor, 60 Great Tower Street, London, EC3R 5AZ. Other product and company names and logos mentioned or displayed on our site may be the trademarks, service marks or trading names of CDP or third parties. 

5.1 You may retrieve and view materials/content from our site, print off one copy of individual pages, and may store these pages for research, your personal use, or other non-commercial use provided that wherever you cite the materials/content you credit “CDP Worldwide” as the source. For clarity, you may also use materials/content from our site in your own publishable editorial content, provided that you credit “CDP Worldwide” as the source. 

5.2 This permission is separate to the strict requirements: 

• a) for you to seek our express written consent in relation to any prospective usage of the types outlined in Section 1.1; and 

• b) in relation to any limits that CDP applies in relation to downloads of disclosure data (questionnaire disclosure responses). 

5.3 You must not modify the paper or digital copies of any materials/content you have printed off or downloaded in any way, and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text without prior written permission from CDP. 

5.4 Our status (and that of any identified contributors) as the authors/the source of materials/content on our site must always be acknowledged. 

5.5 If you print off, copy or download any materials/content our site in breach of Sections 5.1, 5.3 and 5.4 of these terms, your right to use our site will cease immediately and you must, at our option, return or destroy any copies of the materials/content you have made. 

6.1 If you wish to access data from our site, please contact license-data@cdp.net. 

6.2 If you wish to use data from our site in any way not expressly permitted in these terms or wish to access further questionnaire disclosure responses on our site on behalf of your organizational group, please contact license-data@cdp.net. 

6.3 If you use, view or download any data on our site in breach of Section 6 of these terms, your right to use our site will cease immediately and you must, at our option, return or destroy any copies of the data you have made. 

6.4 Specific terms may apply to your registered use of data accessible on our sub-domains from time to time, which take precedence over these terms. Please refer to the terms that apply to each sub-domain for permitted and prohibited usage. 

7.1 When you use any of our sub-domains, you must provide accurate and complete registration information. To illustrate: our site includes the sub-domain of the “CDP Portal”, which is accessible solely to registered users from disclosure requesters and disclosing organizations, if we have agreed for your organization to be granted access.

7.2 You must always comply with the specific terms that govern your use and access to sub-domains of our site in addition to these terms. If no specific terms are referenced, these terms will apply to govern your use and access. 7.3 Reserve the right to cease your organization’s access to any sub-domains in the event of: (i) any breach of these terms (including our acceptable use policy), or (ii) any breach, termination or expiry of any other specific contractual terms notified to you or agreed with us by your organization as being applicable to your registered use. Sub-domains of our site include (but are not limited to): 

• The CDP Portal 

• The CDP Government Dashboard 

• The CDP Open Data Platform 

• The CDP Capital Markets Signatory Dashboard 

• our regional websites

7.4 The above list of sub-domains of our site is non-exhaustive and subject to change. CDP reserves the right to amend materials/content and other information or documentation contained within each sub-domain, including but not limited to its: scoring methodologies; scoring criteria; guidance; and questionnaire(s), in respect of the content, format, and structure of each, at any time.

8.1 Materials/content and data on our site may contain third party data assets licensed by us from third party service providers. Such third party data may include (but is not limited to):

• a) Dun & Bradstreet, Inc.’s DUNS numbers which are unique identifiers made available within certain parts of our site and/or sub-domains for the sole purpose of facilitating disclosure submissions in the CDP Portal. A DUNS number is a unique nine-digit identifier for businesses, assigned in accordance with Dun & Bradstreet Inc.’s patented identity resolution process;

• b) CUSIP Global Services International Securities Identification Numbers (or “ISINs”) in the U.S. and in other areas where designated or appointed, which are unique global codes that identify corporate entities; and

• c) S&P Global Inc.’s company ID information which includes LEIs, Tickers and other identifiers that map to market and financial intelligence data for corporate entities, (collectively “licensed content”).

8.2 You are expressly prohibited from distributing or reselling any licensed content to any distributors, resellers, remarketers, brokers, or any other person or entity for further resale or distribution without our express written consent, which must be procured in addition to the licensors consent.

8.3 You are strictly prohibited from downloading individual DUNS numbers for all and any purposes (save your internal use for facilitation of disclosure within the CDP Portal), without our prior written consent.

8.4 In using our site and sub-domains, including the CDP Portal, you hereby agree to indemnify us fully on demand, and hold us harmless in the event of any third party claim in connection with your prohibited use of licensed content.

Read CDP's Third Party Data License Notice.

9.1 We aim to update our site regularly and may change the materials/content and data on it at any time. 

9.2 If the need arises, we may suspend access to our site, relocate it at another url or domain, and/or close it indefinitely. 

9.3 Any of the materials/content or data on our site may be out of date at any given time. For clarity we are under no obligation to update such materials/content or data. 

10.1 Commentary and other materials/content or data posted on our site are not intended to amount to advice on which reliance should be placed. We therefore disclaim all liability and responsibility arising from any reliance placed on such materials/content or data by any visitor to our site, or by anyone who may be informed of any of its contents. 

11.1 We do not examine or edit the questionnaire disclosure responses provided on our site, or other data accessible via our site.

11.2 Accordingly, the data displayed on our site, including its sub-domains, is provided without any guarantees, conditions, or warranties as to its accuracy.

11.3 To the fullest extent permitted by law, CDP, CDP’s affiliates, and third parties connected to us expressly disclaim all conditions, warranties and other terms which might otherwise be implied by statute, common law, or the law of equity. 

11.4 To the fullest extent permitted by law, CDP, CDP’s affiliates, and third parties connected to us expressly exclude: 

• a) any liability for any direct, indirect or consequential loss or damage incurred by any user in connection with our site or in connection with the use, inability to use; results of the use of our site, including its sub-domains; 

• b) any liability in relation to websites linked to our site, including its sub-domains, and any materials/content or data posted on it; 

• c) any liability whether arising in contract, tort (including negligence), strict liability (whether such losses or damage were foreseen, foreseeable, known or otherwise) for: 

i) loss of income or revenue;  ii) loss of business;  iii) loss of actual or anticipated profits or contracts;  iv) loss of anticipated savings;  v) loss of opportunity;  vi) loss of reputation;  vii) ex-gratia payments;  viii) loss of or damage to or corruption of data or software;  ix) loss of goodwill; and  x) wasted expenditure, management or office time. 

11.5 This does not exclude our liability for death or personal injury arising from negligence, nor any other liability which cannot be excluded or limited under applicable law. 

12.1 You must inform us of any changes to the personal data that we hold about you. We process information provided by you in accordance with the Data Protection Act 2018 and our privacy notice. Unless explicitly stated, we will not pass your personal data to any third party. By using our site as a registered user, you consent to such processing, and you warrant that all data provided by you is accurate.

13.1 Whenever you make use of a feature that allows you to upload material to our site, or to make contact with other users of our site, you must comply with the content standards set out in our acceptable use policy. You warrant that any such contribution complies with those standards, and you shall indemnify us fully on demand for any breach of that warranty.

13.2 We will not be responsible, or liable to any third party, for the content or accuracy of any materials posted by you or any other user of our site.

13.3 We have the right to remove any material or posting you make on our site if, in our opinion, such material does not comply with the content standards set out in our acceptable use policy. 

14.1 You must not damage, interfere with or disrupt access to our site, or do anything which might interrupt or impair its functionality. You must not misuse our site by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful. You must not attempt to gain unauthorized access to our site, the server on which our site is stored, or any server, computer or database connected to our site. You must not attack our site via a denial-of-service attack or a distributed denial-of service attack.

14.2 By breaching this provision, you may commit a criminal offence under the Computer Misuse Act 1990. We will report any such potential breach to the relevant law enforcement authorities, and we will co-operate with those authorities by disclosing your identity to them. In the event of such a breach, your right to use our site will cease immediately.

14.3 We will not be liable for any loss or damage caused by a distributed denial-of-service attack, viruses or other technologically harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of our site or to your downloading of any material posted on it, or on any website linked to it.

15.1 You shall not conduct, facilitate, authorize or permit any text or data mining or web scraping in relation to our site or any services provided via, or in relation to our site, including its sub-domains.

This includes using (or permitting, authorizing, or attempting the use of): 

• a) any “robot”, “bot”, “spider”, “scraper” or other automated device, program, tool, algorithm, code, process, or methodology to access, obtain, copy, monitor or republish any portion of our site, including its sub-domains, or any materials/content or data, information or services accessed via the same; and

• b) any automated analytical technique aimed at analyzing text and data in digital form to generate information which includes but is not limited to patterns, trends and correlations.

16.1 You may link to a public page of our site, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it, but you must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists. 

16.2 It is your responsibility to ensure that any link you establish from any website that is not owned by you is permitted by that website. We reserve the right to withdraw linking permission without notice. 

16.3 If you wish to make any use of materials/content or data on our site other than that set out above, please send your request to website@cdp.net.

17.1 Where our site contains links to other sites and resources provided by third parties, these links are provided for your information only. We have no control over the contents of those sites or resources and accept no responsibility for them or for any loss or damage that may arise from your use of them. 

18.1 We may revise these terms of use at any time by amending this page. You are expected to check this page from time to time to take notice of any changes we have made, as they are binding on you. Some of the provisions contained in these terms may also be superseded by provisions or notices published elsewhere on our site. 

19.1 The English courts will have exclusive jurisdiction over any claim arising from, or related to, a visit to our site although we retain the right to bring proceedings against you for breach of these terms in your country of residence or any other relevant country. 

19.2 These terms and any dispute or claim arising out of or in connection with them or their subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of England and Wales.

20.1 If you have any concerns about materials/content or data which appears on our site, please contact  website@cdp.net. Thank you for visiting our site.

1.1 In this License the following terms have the following meanings:

Contents means the contents of this Database, which includes the information, independent works, or other material collected into the Database. 

Database means the material (the Contents) arranged and individually accessible by electronic or other means offered under the terms of this License.

Database Right means the rights in the Database, as well as any similar rights available in other jurisdictions. 

Derivative Database means a database based upon the Database, and includes any translation, adaptation, arrangement, modification, or any other alteration of the Database or of a Substantial part of the Contents. 

Extraction means the permanent or temporary transfer of all or a Substantial part of the Contents to another medium by any means or in any form. 

License means this license agreement which comprises a license of rights and an agreement in contract. 

Licensor means CDP Worldwide, registered charity number 1122330, of 4th Floor, Plantation Place South, 60 Great Tower Street, London EC3R 5AD (also “CDP”). 

Person means a natural or legal person (such as a corporation). 

Produced Work means a work resulting from using the Contents from this Database or Derivative Database.

Publicly means Persons other than you or under your control or by the power to direct their activities (such as contracting with an independent consultant).

Re-utilization means any form of making available to the public all or a Substantial part of the Contents by the distribution of copies, by renting, by online or other forms of transmission.

Substantial means substantial in terms of quantity or quality or a combination of both. The repeated and systematic Extraction or Re-utilization of insubstantial parts of the Contents may amount to the Extraction or Re-utilization of a Substantial part of the Contents.

Use means any act that is restricted by copyright or Database Rights whether in the original medium or any other; and includes without limitation distributing, copying, publicly performing, publicly displaying, and preparing derivative works of the Database, as well as modifying the Database as may be technically necessary to use it in a different mode or format.

1.2 In this License words in the singular include the plural and vice versa. 

2.1 Subject to the terms and conditions of this License, the Licensor grants you a worldwide, royalty-free, non-exclusive, terminable (but only under Section 2.2) license to Use the Database for the duration of any applicable copyright and Database Rights. These rights explicitly exclude commercial use (see Section 2.3). To the extent possible in the relevant jurisdiction, these rights may be exercised in all media and formats whether now or in the future.

The rights granted include: 

2.1.1 Extraction and Re-utilization of the whole or part of the Contents; 

2.1.2 creation of Derivative; 

2.1.3 creation of temporary or permanent reproductions by any means and in any form, in whole or in part, including of any Derivative Databases; and 

2.1.4 distribution, communication, display, lending, making available, or performance to the public by any means and in any form, in whole or in part, for non-commercial purposes.

2.2 The Licensor reserves the right to release the Database under different terms, to stop distributing or making available the Database or to unilaterally terminate this License. All other rights not expressly granted by Licensor are reserved.

2.3 Use of the Database for any commercial purpose is strictly prohibited. For these purposes, use for a commercial purpose includes but is not limited to:

2.3.1 re-selling the Database in modified, adapted, or original form, in part or whole, on its own or as part of a product; 

2.3.2 using the Database in a subscription or fee-based database service; 

2.3.3 including the Database in a tradable investment product; and 

2.3.4 using the Database for research within a corporate setting, for example, as part of a market research exercise for a paying client. 

3.1 The rights granted in Section 2 are subject to the following conditions.

3.2 If you use the Database, you must: 

3.2.1 do so only under the terms of this License; 

3.2.2 include a copy of this License; 

3.2.3 keep intact any copyright or Database Right notices and notices that refer to this License; and 

3.2.4 if it is not possible to put the required notices in a particular file due to its structure, then you must include the notices in a location (such as a relevant directory) where users would see it.

3.3 If you create a Produced Work, you must include a notice associated with the Produced Work to make any person that accesses the Produced Work aware that Content was obtained from the Database or a Derivative Database, and that it is available under this License. 

Example notice 1

The following logo will satisfy the requirement to give notice under Section 3.3: 

3.3.1 The logo must be hyperlinked back to CDP’s Data page. 

3.3.2 Always ensure the logo is clearly positioned. Please do not apply it at less than 20mm block height.

Example notice 2

In situations where it is not possible to display a logo (e.g. academic papers), the following text will satisfy the requirement to give notice under Section 3.3:

3.3.3 “Powered by CDP Data”

3.3.4 The above text should contain a hyperlink to the location of the Database. If hyperlinks are not possible, you should include the plain text of the required URI’s with the above notice.

3.3.5 The attribution must be no smaller than 70% of the largest font relating to the information or 7px, whichever is larger.

3.4 You may not sublicense the Database. Each time you communicate the Database, the whole or Substantial part, or any Derivative Database to anyone else in any way, the Licensor offers the recipient a license to the Database on the same terms of use as this License. You are not responsible for enforcing compliance by third parties with this License. 

3.5 Please check these terms of use regularly, as we may update them at any time without notice. You agree to any changes if you continue to use this open data portal after these terms have been updated.

3.6 This License excludes all representations, warranties, obligations, and liabilities in relation to the Database to the maximum extent permitted by law.

3.7 The Licensor is not liable for any errors or omissions arising from your use of the Database or for any loss or damage that may come from your use of the Database.

3.8 This License is governed by the Laws of England and Wales and the English courts have exclusive jurisdiction to deal with any matters arising out of or in connection with this License.

Affiliate(s): means any entity that controls, is controlled by, or is under common control with a party. For the purposes of this definition, “control” of an entity means the ownership, directly or indirectly, of more than fifty percent of the outstanding voting securities or capital stock of such entity, or the legal power to direct or cause the direction of the general management and policies of such entity.

Agreement: means these CDP Capital Markets Signatory terms and conditions.

Billing Company: means the CDP organization identified in ANNEX 1 to this Agreement.

Capital Markets Signatory: means the capital markets signatory organization or entity that has agreed to enter into this Agreement. References to “you” and “your” in this Agreement are interchangeable references to you as the Capital Markets Signatory.

Capital Markets Signatory Dashboard: means the area of CDP’s online systems where you as a Capital Markets Signatory sign into your account to view which Disclosing Organizations have submitted a Response, and other information pertinent to receipt of Services from CDP.

Capital Markets Signatory List: means the periodically updated collective list of Capital Markets Signatories, as determined by CDP, each of whom are purchasers of the Services.

CDP: means CDP Worldwide the registered charity (no. 1122330) and company limited by guarantee incorporated and registered in England and Wales (no. 05013650) with its registered office at 4th Floor, 60 Great Tower Street, London EC3R 5AZ, United Kingdom. References to “we,” and “our” in this Agreement are interchangeable references to CDP.

CDP Affiliate(s): means any Affiliate of CDP, and any organizations within CDP Worldwide’s operational group to whom CDP Worldwide licenses its name and brand (which for the purposes of this definition shall include CDP North America, and CDP Europe, and their Affiliates).

CDP Europe: means CDP Europe AISBL, a charity registered in Belgium whose registered address is Due Ducale 67, 1000 Brussels, Belgium.

CDP North America: means CDP North America, Inc., the Delaware incorporated non-profit 501(c)3 organization whose registered office is at 127 W 26th Street, Third Floor, New York, NY, 10001, United States.

CDP Portal: means the online system where Disclosing Organizations log into their user accounts to submit their Response and access relevant information relating to their Response.

CDP Reports and Materials: means any external facing:

• reports or publications;

• presentation materials;

• marketing materials; or

• publicity content,

produced by CDP, or CDP Affiliates (apart from content on the CDP Website).

CDP Website: means the site located at www.cdp.net (the location of which may be modified with notice from time to time by CDP).

Confidential Information: has the meaning given in Section 10.1.

Data: means data provided to the Signatory as defined in the Signatory Membership Packages which may include third party data licensed to CDP from CUSIP Global Services, IEA Emissions Factors and S&P Global Market Intelligence. These Third-Party additional terms apply in respect of the license of that data as provided for under section 5.14(i).

Disclosing Company: means a company responding to a Questionnaire.   

Disclosing CSTAR Territory: means a city, state or region responding to a Questionnaire.  

Disclosing Organization(s): means:

• Disclosing Companies;

• Disclosing Public Authorities; and

• Disclosing CSTAR Territories,

collectively and individually, that have submitted a Response further to CDP capital markets requests for submission of a Questionnaire on environmental impact via the CDP Portal.

Disclosing Public Authority: means a public authority responding to a Questionnaire. 

Fee: means the fee specified on the ‘Make Payment’ page of the Capital Markets Signatory Dashboard for your selected package.

First Time Subscription: means instances where Capital Markets Signatory is an entirely new Capital Markets Signatory and first-time purchaser of any of the Services.

Questionnaire: means any CDP questionnaire for Disclosing Organizations to submit a Response on their environmental impacts and performance via the CDP Portal.

Renewal Window: means the period between the start of the Capital Markets Signatory renewal cycle and its completion, determined by CDP at its sole discretion, but typically between October and January of the following year.

Response: means the submitted disclosure response from the Disclosing Organization to a Questionnaire made via the CDP Portal.

Response Data: means the ‘public’ and ‘non-public’ disclosure data from any Response of any Disclosing Organization that is made available to a Capital Markets Signatory, further to CDP’s capital markets requests relating to the environmental impact of organizations worldwide.

Scores: mean CDP’s scores, which assess the level of detail and comprehensiveness of each Response, awareness of environmental issues, management methods and progress towards environmental stewardship of Disclosing Organization(s).

Services: means the service benefits provided by CDP to Capital Markets Signatory, including use of the Capital Markets Signatory Dashboard, and provision of Service Data further to Section 4 of this Agreement.

Service Data: means the Responses, Response Data, data, materials (in any form), content, CDP Reports and Materials and other information supplied, owned, or licensed by CDP, or CDP Affiliates, specified in your package for the Services.

Subscription Commencement: means the date (after your acceptance of these legally binding terms and conditions) upon which:

• you make payment of the Fee (in accordance with Section 6.3); or

• an invoice is raised (in accordance with Section 6.5).

(whichever is earlier).

Subscription Term: means the duration of your subscription to the Services, for the period agreed between Capital Markets Signatory and CDP, as visible in the Capital Markets Signatory Dashboard.

Third-Party Additional Terms: means the additional terms and conditions identified in section 5.14(i) relating to Third-Party Data.

Third-Party Data: means any data incorporated in the Data which is owned by a third-party and is licensed to CDP and/or the Licensee, as identified in the link provided under section 5.14(i).

2.1 The parties to this Agreement shall be CDP, the Billing Company (solely where the Billing Company is not CDP) and the Capital Markets Signatory.

2.2 The Billing Company can be identified by referring to ANNEX 1 of this Agreement.

3.1 Your choice on the length of Subscription Term. The duration of your Subscription Term is visible in the Capital Markets Signatory Dashboard. The default duration is 12 months, but alternative durations may be possible (dependent on Fee). First Time Subscriptions to the Services can occur at any time. Renewals of your Subscription Term must occur during the Renewal Window. Your Subscription Term starts from the date of Subscription Commencement. You will receive reminders about the duration of your Subscription Term via the methods of administration and communication outlined in Section 3.3.

3.2 Relevant timeframes. CDP reserves the right to make changes to relevant dates and timeframes specified in this Agreement. Any calendar date, or period referred to in this Agreement may be subject to change and modified by CDP at its sole discretion at any time, but we will notify you of any relevant changes or modifications.

3.3 Administrative updates and communications. Relevant details pertinent to this Agreement, including the duration of the Subscription Term will be notified to you via methods including emails to you and/or notifications within the Capital Markets Signatory Dashboard. In addition, CDP may provide notice of relevant date change(s) referred to in Section 3.2 above, on the CDP Website and/or on the Capital Markets Signatory Dashboard and/or the CDP Portal.

3.4 The CDP Portal, CDP Website and the Capital Markets Signatory Dashboard. The CDP Portal, the CDP Website and the Capital Markets Signatory Dashboard are not the same. The Capital Markets Signatory Dashboard allows you to track information related to submission of Responses from Disclosing Organizations and to receive relevant communications from CDP, whereas the CDP Website is our public facing site. The CDP Portal allows Disclosing Organizations to report and disclose their Responses. You agree that CDP shall not be liable, shall be held fully harmless, and accepts no responsibility for any errors, omissions, corruption or loss of data or software, caused directly or indirectly by use of the CDP Portal, the CDP Website or the Capital Markets Signatory Dashboard.

3.5 CDP Reports and Materials and right to opt-out of being listed in the Capital Markets Signatory List. You cannot opt-out of being listed in the Capital Markets Signatory List on the CDP Website, but you can opt-out of being listed in the Capital Markets Signatory List in any CDP Reports and Materials (please refer to your CDP relationship manager for opt-out guidance). The default position is that you will be listed in the Capital Markets Signatory List where said Capital Markets Signatory List is featured in CDP Report and Materials, unless you specifically notify your CDP relationship manager of your wish to opt-out and officially opt-out in accordance with CDP’s procedures. Please note: you will not at any time be individually referenced by CDP Worldwide, CDP, or a CDP Affiliate in any CDP Reports and Materials as an isolated Capital Markets Signatory in any context (irrespective of whether you have or have not opted-out) without your express permission.

4.1 CDP shall, during the Subscription Term, provide the following Services to you:

• i. Response Data for each Disclosing Company, which CDP will make available via the Capital Markets Signatory Dashboard as soon as reasonably feasible after Responses are submitted, identifying which of these Responses are ‘public’ and which are ‘non-public’. Only ‘public’ Response Data (and not ‘non-public’ Response Data) for Disclosing CSTAR Territories and Disclosing Public Authorities will be made available. Selected Response Data may also be available to you via third party electronic terminals and other digital, AI model and data distribution channels at CDP’s discretion, provided that you are also a purchaser or subscriber to those third-party services;

• ii. CDP’s Scores for Disclosing Companies. CDP will make the Scores of such Disclosing Companies (but not Scores for Disclosing CSTAR Territories or Disclosing Public Authorities) available to you when they are finalized by CDP;

• iii. provision of CDP’s electronic newsletter highlighting the latest developments at CDP; and

• iv. opportunity to join engagement campaigns organized by CDP through provision of an option for Capital Markets Signatory to participate in CDP Worldwide’s annual “Non-Disclosure Campaign” and “Science Based Targets Campaign” and any other additional campaigns that CDP initiates to advance its mission to encourage environmental disclosure.

5.1 No transfer of intellectual Property. Capital Markets Signatory acknowledges and agrees that CDP and its licensors own or are the licensees of all intellectual property rights in the Services, including without limitation, all Service Data. Except as expressly stated herein, this Agreement does not grant the Capital Markets Signatory any rights to, or in, patents, copyright, database right, trade secrets, trade names, trademarks (whether registered or unregistered), service marks, logos or any other rights or licenses in respect of the Service Data.

5.2 Intended use of Service Data. CDP hereby grants to the Capital Markets Signatory a revocable, non-exclusive, limited, non-assignable, non-licensable and royalty-free license to use intellectual property contained in Service Data provided to you by CDP, solely:

• i. for internal company research;

• ii. for internal portfolio and fund analysis;

• iii. for corporate engagement in relation to environmental issues;

• iv. to fulfill voluntary reporting requirements;

• v. to fulfill mandatory reporting requirements to regulators; and

• vi. in a ‘limited amount’ in respect of external research reports, which must only be published using Service Data that is in anonymized or aggregated form (in such a manner as it has the effect of being anonymized) and after Capital Markets Signatory has provided CDP with notice of intention to publish (for CDP’s internal records relating to usage).

5.3 Prohibited use of Service Data. In relation to Section 5.2.1(f), use of the Service Data in a limited amount must not be ‘excessive’. For guidance ‘excessive’ use includes (but is not limited to) the following prohibited usages:

• i. use of Service Data for commercial/revenue generating purposes; and

• ii. 5.3.2 use of Service Data for any ‘non-intended’ use (as specified in Section 5.5 below) without the prior written consent of a person of delegated authority on behalf of CDP.

5.4 To reiterate: CDP reserves the right to determine if excessive and/or prohibited use of Service Data has been made by you. In such a case, (i.e. where you have engaged in excessive or prohibited use) CDP may revoke the Capital Markets Signatory’s license to use the Service Data and terminate provision of the Services, with immediate effect.

5.5 Prior consent for any non-intended use of Service Data. Capital Markets Signatory acknowledges and agrees that CDP may grant Capital Markets Signatory permission to use Service Data for purposes outside of the intended purposes specified in Section 5.2.1 only in extremely limited circumstances, which will be decided at all times at CDP’s absolute and sole discretion. For clarity, you must obtain CDP’s express prior written consent if you wish to use Service Data for any purpose not covered by those listed in Section 5.2.1 (and particularly for any commercial purpose). Obtaining CDP’s prior consent is mandatory in all cases of ‘non-intended use’.

Non-intended use includes, but is not limited to:

• i. use of Service Data to create or enhance investment products, research, or services used or sold externally with third-parties;

• ii. use of Service Data in a tradeable index or in a subscription or fee-based database service;

• iii. use of Service Data as a component, input, or basis of a use of Service Data as a component, input, or basis of any financial index or benchmark for the purposes of the EU Benchmarks Regulation (Regulation 2016/1011), or inclusion in any benchmark falling within the scope of the UK Benchmarks Regulation (as amended by the Low Carbon Benchmarks Regulation 2019, EU Regulation (EU) 2016/1011) or any similar regulation of indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds;

• iv. publication of any of Service Data, or any analysis relating to the Service Data (including external research reports referred to in Section 5.2.1(f)) without CDP’s express prior written consent; or

• v. disclosure of Service Data comprising ‘non-public’ Response Data to any person outside Capital Markets Signatory’s entity-level organization (other than as required by law).

5.6 The above non-intended use list is non-exhaustive. Any use case that is not explicitly permitted further to section 5.2.1 of this agreement shall require CDP’s prior express consent and commercial agreement (which CDP may withhold at its absolute discretion).

5.7 No conflict with CDP’s charitable purpose. The license in Section 5.2 is granted to Capital Markets Signatory on the express condition that the Services must be used by the Capital Markets Signatory in a manner which does not conflict with or undermine the charitable purposes of CDP, or any CDP Affiliate, and in particular, the purpose of advancing environmental protection and environmental improvement for the public benefit. CDP reserves the right to determine if conflicting or undermining use has been made by you. In such a case, CDP may revoke the Capital Markets Signatory’s license to use Response Data, Scores, and/or Service Data and terminate provision of Services, with immediate effect.

5.8 Subject to Section 5.5.4, Capital Markets Signatory agrees to credit CDP Worldwide as the source of any Service Data it uses in an external content, publication, release, or report.

5.9 Restriction on disclosure of ‘non-public’ response data. The capital markets signatory is only entitled to disclose response data comprising of any ‘non-public’ responses outside of its ‘organization’ with CDP’s prior written consent (which may be withheld). All ‘non-public’ response data must first have been anonymized or aggregated (in such manner that it has the effect of being anonymized). For the purpose of this section, the capital markets signatory’s ‘organization’ is the legal entity entering into this agreement (and not its group entities, or affiliates).

5.10 Third party access restriction. The Capital Markets Signatory shall not permit any third party, including any of its Affiliates, third party analysts, or agents any access to the Services, or Service Data without the prior written consent of CDP.

5.11 Capital Markets Signatory is solely responsible for compliance with this Agreement. The Capital Markets Signatory shall assume sole responsibility for its compliance with this Agreement, its use of the Services, protection of all Service Data, and any access granted to the Capital Markets Signatory Dashboard by any staff or employees. In addition, an obligation on the Capital Markets Signatory to do, or to refrain from doing, any act or thing pursuant to this Agreement shall include an obligation on the Capital Markets Signatory to procure that any Affiliate, third party analysts, or agents of the Capital Markets Signatory also do, or refrain from doing, such act or thing.

5.12 Capital Markets Signatory is solely responsible for acceptable use and security measures to protect Service Data. Capital Markets Signatory shall use all reasonable security practices and systems applicable to the use of the Services, protection of all Service Data, and any access granted to the Capital Markets Signatory Dashboard, CDP Website or CDP Portal by any staff or employees, third party analysts, or agents to prevent any misuse or unauthorized access. Capital Markets Signatory shall take prompt and proper remedial action against unauthorized access, copying, modification, reproduction, display, or distribution of the Service Data. Access to the CDP’s online systems (including the CDP Website, CDP Portal, and Capital Markets Signatory Dashboard) shall be subject to the acceptable use policy made available on the CDP Website. Capital Markets Signatory shall remain responsible for all acts and omissions of any Affiliate of the Capital Markets Signatory, that CDP consents to receive Service Data pursuant to this Agreement, as if they were its own.

5.13 Grant of license to CDP. Sub-Sections 5.13.1 and 5.13.2 deal with the grant of license of intellectual property rights by Capital Markets Signatory to CDP, (which CDP may sub-license to CDP Affiliates) for the sole permitted purpose of use of Capital Markets Signatory’s name and logo within the Capital Markets Signatory List:

• i. CDP Reports and Materials. Your name and logo may be used in CDP Reports and Materials from time to time unless you expressly use the opt-out procedure (please refer to your CDP relationship manager for opt-out guidance). Unless you have opted-out, you agree to be listed at any time within the collective Capital Markets Signatory List that may feature in CDP Reports and Materials and agree to grant CDP a revocable, non-exclusive, assignable, sub-licensable and royalty-free license to use Capital Markets Signatory’s name and logo and to refer to Capital Markets Signatory as a ‘CDP signatory’, a ‘CDP investor signatory’ or ‘CDP Capital Markets signatory’ in such CDP Reports and Materials. Additionally, where you have provided your express prior permission for your name and logo to be used in CDP Reports and Materials (in isolation, and apart from within the collective of the Capital Markets Signatory List), you agree to grant CDP a revocable, non-exclusive, assignable, sub-licensable and royalty-free license to use Capital Markets Signatory’s name and logo and to refer to Capital Markets Signatory as a ‘CDP signatory’, a ‘CDP investor signatory’ or ‘CDP Capital Markets signatory’ in such a manner in CDP Reports and Materials;

• ii. Capital Markets Signatory Lists and CDP Campaigns. As part of your status as Capital Markets Signatory, you agree to be listed at any time within the collective Capital Markets Signatory List publicly available on the CDP Website and in CDP’s annual letter requesting organizations to respond on their climate and environmental impact via CDP’s Questionnaire. Capital Markets Signatory hereby grants to CDP a revocable, non-exclusive, assignable, sub-licensable and royalty-free license to use Capital Markets Signatory’s name and logo and to refer to Capital Markets Signatory as a ‘CDP signatory’, a ‘CDP investor signatory’ or ‘CDP Capital Markets signatory’ on the CDP Website, and in CDP’s annual letter requesting organizations to respond on their climate and environmental impact via CDP’s Questionnaires.

5.14 Third Party Data. Any Third-Party Data shall be deemed to be incorporated within the Data for the purposes of this license (except where expressly provided to the contrary) and use of the Third-Party Data shall be subject to the Third-Party Additional Terms and the following provisions:

• i. The Capital Markets Signatory agrees to comply with all applicable additional terms and conditions governing the use of such third-party data as set forth in this link CDP’s Third Party Data License Notice.

• ii. The Capital Markets Signatory shall indemnify and hold the CDP harmless against any loss or damage which it may suffer or incur as a result of the Customer's breach of any Third-Party Additional Terms howsoever arising.

• iii. CDP may treat the Capital Markets Signatory's breach of any Third-Party Additional Terms as a breach of this license.

• iv. The Third-Party Additional Terms shall only be appliable to those Capital Markets Signatories who choose data products which include: a) ISINs data set which are subject to CUSIP Global Services and S&P terms; and b) The Green House Gas Emissions data set which are subject to the IEA and S&P terms.

• v. In the event that the Capital Markets Signatory does not possess a valid third-party license required under the Third-Party Additional Terms, the Capital Markets Signatory must notify CDP immediately. CDP will use its reasonable endeavors to provide Response Data and Scores which do not require such a license. The Capital Markets Signatory acknowledges that this alternative data may differ in scope, format, or content from the originally intended data set.

6.1 CDP is a not-for-profit organization. We charge Capital Markets Signatories a Fee to enable us to maintain our Questionnaire disclosure and data technology infrastructure. The Fee plus any applicable taxes is payable to CDP (or the Billing Company, as applicable), in consideration of provision of the Services.

6.2 The Fee is exclusive of amounts in respect of applicable value added tax (VAT) or any equivalent sales tax, which the Capital Markets Signatory shall additionally be liable to pay at the prevailing rate, further to the receipt of a valid VAT invoice.

6.3 If the Capital Markets Signatory pays the Fee by credit or debit card at the time of placing the order for the Services, the Capital Markets Signatory shall pay the Fee immediately on acceptance of this Agreement.

6.4 If the Capital Markets Signatory requests to pay the Fee by bank transfer, the Capital Markets Signatory shall pay the Fee in full and in cleared funds within 30 days of the date of the invoice.

6.5 CDP will provide access to the Capital Markets Signatory Dashboard once an invoice is raised, pending said invoice being paid in full but we reserve the right to terminate access to the Capital Markets Signatory Dashboard and/or the CDP Portal, and to terminate all Services if Capital Markets Signatory fails to pay any invoice by the due date stipulated in any invoice. In such case, in addition to terminating access to the Capital Markets Signatory Dashboard and/or the CDP Portal, CDP may revoke the Capital Markets Signatory’s license to use Response Data, Scores, and/or Service Data and terminate provision of Services, with immediate effect.

6.6 Capital Markets Signatory shall pay the Fee in full without any set-off, counterclaim, deduction or withholding (except for any deduction or withholding required by law).

6.7 In the event that the Subscription Term is terminated early (for any reason) Capital Markets Signatory acknowledges and agrees that no refund will be applicable to the Fee (or any portion thereof).

7.17.1 Subject to clause 5.14, CDP confirms that it has all rights in relation to this Agreement that are necessary to grant all the rights it purports to grant under, and in accordance with, this Agreement.

7.2 The Services are provided to the Capital Markets Signatory on an ‘as is‘ basis, and CDP does not make any representations that the Services will meet the Capital Markets Signatory’s expectations.

7.3 CDP hereby specifically disclaims all other warranties in respect of the Services, and our including without limitation and to the maximum extent permitted by applicable law: (i) all implied warranties, including any implied warranty of merchantability or fitness for a particular purpose; (ii) any warranty regarding the functional characteristics or performance of the Services; (iii) any warranty regarding the profitability or other benefits to be obtained by the Services; and (iv) any warranty that the Services will be free from errors, viruses, bugs, interruptions or other access limitations to the CDP Website, CDP Portal, or Capital Markets Signatory Dashboard. Neither CDP nor Billing Company have liability to you in any circumstances howsoever arising from any reliance placed upon the Services or our disclosure and data technology infrastructure by you, or any third parties.

7.4 Capital Markets Signatory warrants that it is a legal entity and not a natural person (and is not a sole trader or partnership) and accordingly is a ‘corporate subscriber’ for the purposes of the Privacy and Electronic Communications (EC Directive) Regulations 2003.

8.1 No party excludes or limits its liability to any other party for:

• i. fraud or fraudulent misrepresentation;

• ii. death or personal injury caused by negligence;

• iii. any matter in respect of which it would be unlawful for a party to exclude or limit liability.

8.2 CDP shall not be liable, to the maximum extent permitted by law, to Capital Markets Signatory (or any other recipient of Service Data permitted on the behalf/at the request of Capital Markets Signatory) for any of the following losses or damage further to provision of the Services (including Service Data) or for any other reason whatsoever pursuant to this Agreement, whether arising in contract, tort (including negligence), strict liability or otherwise, and whether such losses or damage were foreseen, foreseeable, known or otherwise:

• i. loss of revenue;

• ii. loss of actual or anticipated profits (including for loss of profits on contracts);

• iii. loss of anticipated savings;

• iv. loss of business;

• v. loss of opportunity;

• vi. loss of goodwill;

• vii. loss of reputation;

• viii. loss of, damage to or corruption of data or software;

• ix. wasted expenditure; x. ex-gratia payments; and

• xi. any indirect or consequential loss or damage.

8.3 Subject to Section 8.1 and without prejudice to Section 8.2, CDP and the Billing Company’s total aggregate liability to the Capital Markets Signatory in contract, tort (including negligence and breach of statutory duty howsoever arising), misrepresentation (whether innocent or negligent), restitution or otherwise, arising out of or in connection with this Agreement including the performance or contemplated performance of this Agreement or any collateral contract in respect of any cause of action related to this Agreement, shall be limited to an aggregate amount in respect of all claims equal to 5% of the annual Fee paid by the Capital Markets Signatory (that is then current in respect of Fees payable, in the 12 month period immediately prior to the time of the cause of action).

9.1 This Agreement shall continue until expiry of your Subscription Term unless terminated earlier in accordance with the provisions of this Section 9.

9.2 Without limiting its other rights or remedies, CDP (acting on its own behalf and the Billing Company’s behalf, if applicable) may terminate this Agreement with immediate effect by giving written notice to the Capital Markets Signatory, if the Capital Markets Signatory:

• i. commits a material breach of any term of this Agreement and (if such a breach is remediable) fails to remedy that breach within 5 calendar days of the Capital Markets Signatory being notified in writing to do so;

• ii. fails to pay any amount due under the Agreement on the due date for payment and remains in default for 5 or more calendar days after being notified in writing to make such payment;

• iii. uses the Services in a manner that would or could reasonably be likely to cause harm to the reputation CDP or CDP Affiliates and their environmental purpose and mission for public benefit; or

• iv. suspends, threatens to suspend, ceases or threatens to cease to carry on all or a substantial part of its business.

9.3 Either party may terminate this Agreement for convenience by giving 30 calendar days’ written notice to the other party.

9.4 Termination of the Agreement shall not affect any of the parties’ rights and remedies that have accrued as at termination, including the right to claim damages in respect of any breach of this Agreement that existed at or before the date of termination.

9.5 Any provision of the Agreement that expressly or by implication is intended to come into or continue in force on or after termination shall remain in full force and effect.

10.1 Confidentiality. For the purpose of this Agreement, “Confidential Information” means information that is proprietary, or information specifically designated as confidential, any information supplied by any third party in relation to which a duty of confidentiality is owed or arises, and any other information which should otherwise be reasonably regarded as possessing a quality of confidence, which may become known to a party.

10.2 Each party may be given access to Confidential Information from the other party in order to perform its obligations under this Agreement. A party's Confidential Information shall not be deemed to include information that which: (i) is or becomes publicly known other than through any act or omission of the receiving party; (ii) was in the other party's lawful possession before the disclosure; (iii) is lawfully disclosed to the receiving party by a third party without restriction on disclosure; (iv) is independently developed by the receiving party, which independent development can be shown by written evidence; or (v) is required to be disclosed by law, by any court of competent jurisdiction or by any regulatory or administrative body.

10.3 Each party shall hold the other's Confidential Information in confidence and, unless required by law, not make the other's Confidential Information available to any third party or use the other's Confidential Information for any purpose other than the implementation of this Agreement.

10.4 Personal data and privacy. Each party acknowledges that during the course of their relationship CDP may process personal data including personal data which may be provided to it by or on behalf of the Capital Markets Signatory and the Capital Markets Signatory shall ensure that any relevant data subjects are notified of this data sharing and that CDP will process their personal data in accordance with CDP’s privacy notice which is available on the CDP Website at privacy notice.

11.1 No party shall be in breach of this Agreement nor liable for delay in performing, or failure to perform, any of its obligations under this Agreement if such delay or failure result from an event or circumstance beyond the reasonable control of a party. If the period of delay or non-performance continues for 8 weeks, the party not affected may terminate this Agreement by giving 5 calendar days’ written notice to the affected party.

11.2 No failure or delay by a party to exercise any right or remedy provided under this Agreement or by law shall constitute a waiver of that or any other right or remedy, nor shall it preclude or restrict the further exercise of that or any other right or remedy. No single or partial exercise of any right or remedy shall preclude or restrict the further exercise of that or any other right or remedy.

11.3 This Agreement shall not constitute or imply any partnership, joint venture, agency, fiduciary relationship, or other relationship between the parties, other than the rights and obligations expressly set out in this Agreement.

11.4 This Agreement constitutes the entire agreement between the parties and supersedes and extinguishes all previous agreements, promises, assurances, warranties, representations, and understandings between them, whether written or oral, relating to its subject matter.

11.5 The parties do not intend any term of this Agreement to be enforceable pursuant to the Contracts (Rights of Third Parties) Act 1999, save that the provisions of Section 6 may be directly enforced by the Billing Company for its own benefit.

11.6 CDP and/or the Billing Company may assign, transfer, charge or deal in any other manner with this Agreement or any of its rights under it without the prior written consent of the Capital Markets Signatory. The Capital Markets Signatory shall not assign, transfer, charge, or deal in any other manner with this Agreement or any of its rights under it without the prior written consent of CDP.

11.7 CDP (acting on its own behalf and the Billing Company’s behalf, if applicable) reserves the right to change the terms and conditions of this Agreement or its policies relating to the Services at any time.

11.8 Each party acknowledges that in entering into this Agreement it does not rely on, and shall have no remedies in respect of, any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in this Agreement.

11.9 Section 10 shall survive any termination of this Agreement, howsoever arising.

11.10 General administrative communications will be made between the parties via emails to Capital Markets Signatory and/or notifications via the Capital Markets Signatory Dashboard. In addition, CDP may provide relevant notices on the CDP Website or CDP Portal. Any formal notice to be given by a party to another under this Agreement may be personally delivered or sent by recorded delivery to the address of the other party as notified in writing; or by transmission, with due transmission receipt, to: notices@cdp.net with capitalmarkets@cdp.net in cc (in respect of notices to CDP). Any personally delivered or e-mailed notice (where there is no bounce-back indicating non-receipt) shall be deemed received on the day it was delivered or sent, if it was delivered or sent on a working day before 5.00 pm (GMT: London time, United Kingdom) and otherwise on the next working day.

11.11 Section 11.10 shall not apply to the service of any proceedings or other documents in any legal action or, where applicable, any arbitration or other method of dispute resolution which must be served in accordance with any directions or the UK Civil Procedure Rules.

11.12 This Agreement and any dispute or claim arising out of it, or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the laws of England and Wales.

11.13 Each party irrevocably agrees the courts of England and Wales shall have exclusive jurisdiction over any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with this Agreement or its subject matter or formation.

Identity of Billing Company

If the Capital Markets Signatory is located in a territory that is not listed in the table above, the Billing Company shall be CDP Worldwide. However, if the Capital Markets Signatory is located in a territory that becomes:

(i) a new member the European Union,

(ii) a new member the European Free Trade Association,

(iii) a new territory devolved from members of the European Union or the European Free Trade Association, or

(iv) a new candidate of membership in the European Union,

the Billing Company shall be CDP Worldwide (Europe) gGmbH.

1.1 In this License the following terms have the following meanings:

Contents means the contents of this Database, which includes the information, independent works, or other material collected into the Database.

Copyright: all copyright and rights in the nature of copyright subsisting in the Database in any part of the world to which CDP is, or may become, entitled.

Database means the material (the Contents) arranged and individually accessible by electronic or other means offered under the terms of this License, known as “Water Watch –CDP Water Impact Index”.

Database Right means the rights in the Database, as well as any similar rights available in other jurisdictions.

Derivative Database means a database based upon the Database, and includes any translation, adaptation, arrangement, modification, or any other alteration of the Database or of a Substantial part of the Contents.

Extraction means the permanent or temporary transfer of all or a Substantial part of the Contents to another medium by any means or in any form.

License means this license agreement which comprises a license of rights and an agreement in contract.

Licensor means CDP Worldwide, registered charity number 1122330, of 4th Floor, 60 Great Tower Street, London EC3R 5AZ (also “CDP”).

Person means a natural or legal person (such as a corporation).

Produced Work means a work resulting from using the Contents from this Database or Derivative Database.

Publicly means Persons other than you or under your control or by the power to direct their activities (such as contracting with an independent consultant).

Re-utilisation means any form of making available to the public all or a Substantial part of the Contents by the distribution of copies, by renting, by online or other forms of transmission.

Substantial means substantial in terms of quantity or quality or a combination of both. The repeated and systematic Extraction or Re-utilisation of insubstantial parts of the Contents may amount to the Extraction or Re-utilisation of a Substantial part of the Contents.

Use means any act that is restricted by copyright or Database Rights whether in the original medium or any other; and includes without limitation distributing, copying, publicly performing, publicly displaying, and preparing derivative works of the Database, as well as modifying the Database as may be technically necessary to use it in a different mode or format.

1.2 In this License words in the singular include the plural and vice versa.

2.1 Subject to the terms and conditions of this License, the Licensor grants you a worldwide, royalty-free, non-exclusive, terminable (but only under Section 2.2) license to Use the Database for the duration of any applicable copyright and Database Rights. These rights explicitly exclude commercial use (see Section 3). To the extent possible in the relevant jurisdiction, these rights may be exercised in all media and formats whether now or in the future. The rights granted include:

• 2.1.1 Extraction and Re-utilisation of the whole or part of the Contents;

• 2.1.2 creation of Derivative Databases;

• 2.1.3 creation of temporary or permanent reproductions by any means and in any form, in whole or in part, including of any Derivative Databases; and

• 2.1.4 distribution, communication, display, lending, making available, or performance to the public by any means and in any form, in whole or in part, for non-commercial purposes.

2.2 The Licensor reserves the right to release the Database under different terms, to stop distributing or making available the Database or to unilaterally terminate this License. All other rights not expressly granted by Licensor are reserved.

2.3 Use of the Database for any commercial purpose is strictly prohibited. For these purposes, Use for a commercial purpose includes but is not limited to:

• 2.3.1 re-selling the Database in modified, adapted, or original form, in part or whole, on its own or as part of a product;

• 2.3.2 using the Database in a subscription or fee-based database service;

• 2.3.3 including the Database in a tradable investment product; and

• 2.3.4 using the Database for research within a corporate setting, for example, as part of a market research exercise for a paying client.

3.1 The rights granted in Section 2 are subject to the following conditions.

3.2 If you use the Database, you must:

• 3.2.1 do so only under the terms of this License;

• 3.2.2 include a copy of this License;

• 3.2.3 keep intact any copyright or Database Right notices and notices that refer to this License; and

• 3.2.4 if it is not possible to put the required notices in a particular file due to its structure, then you must include the notices in a location (such as a relevant directory) where users would see it.

3.3 If you publicly use a Produced Work, you must include a notice associated with the Produced Work to make any person that accesses the Produced Work aware that Content was obtained from the Database or a Derivative Database, acknowledge CDP has made the Content available under this License.    

Example notice 1

The following logo will satisfy the requirement to give notice under Section 3.3:

• 3.3.1 The logo must be hyperlinked back to CDP’s Data page.

• 3.3.2 Always ensure the logo is clearly positioned. Please do not apply it at less than 20mm block height.

Example notice 2

In situations where it is not possible to display a logo (e.g. academic papers), the following text will satisfy the requirement to give notice under Section 3.3:

• 3.3.5 “Powered by CDP Data”

• 3.3.6 The above text should contain a hyperlink to the location of the Database (http://data.cdp.net). If hyperlinks are not possible, you should include the plain text of the required URI’s with the above notice.

• 3.3.7 The attribution must be no smaller than 70% of the largest font relating to the information or 7px, whichever is larger.

• 3.4 You may not sublicense the Database. Each time you communicate the Database, the whole or Substantial part, or any Derivative Database to anyone else in any way, the Licensor offers the recipient a license to the Database on the same terms of use as this License. You are not responsible for enforcing compliance by third parties with this License.

• 3.5 Please check these terms of use regularly, as we may update them at any time without notice. You agree to any changes if you continue to use this open data portal after these terms have been updated.

• 3.6 This License excludes all representations, warranties, obligations, and liabilities in relation to the Database to the maximum extent permitted by law.

• 3.7 The Licensor is not liable for any errors or omissions arising from your use of the Database or for any loss or damage that may come from your use of the Database.

• 3.8 This License is governed by the Laws of England and Wales and the English courts have exclusive jurisdiction to deal with any matters arising out of or in connection with this License.