Microsoft Sustainability Manager includes the capability to store activity data and calculate all scope 3 emissions. The solution can store emission data for any scope 3 category. Expanded functionality for each category is explained in more detail later in this article. For general information about ...
“Each company is on their own Scope 3 journey, and so the guidance recognises that a ‘one-size-fits-all’ approach does not work in the accounting and reporting of Scope 3 emissions, and that there is a need to accommodate different levels of calculation and reporting maturity across the ...
Scope 3 spans 15 different categories in total. Those that are upstream include emissions produced by the external parties that source, produce and transport the raw materials and components you use. Other upstream categories include business travel and employee commuting as well as emissions from was...
Scope 3 emissions are all indirect greenhouse gas emissions that occur in an organization’s value chain.
“UL Solutions has developed a strong Scope 3 reporting solution, in which all 15 categories of Scope 3 can be managed across its applications. For example, the provider offers out-of-the box solutions for purchased goods and services, integrating EEIO (environmentally extended input-output) emis...
Organizations need to track emissions from assets where they are the lessee and lessor. These are typically reported in scope 3 categories 8 and 13. Depending on operational control, however, emissions may be reported in scopes 1 and 2. Activities included ...
we developed a model to estimate these emissions across each of the 15 categories using a combination of revenue estimates and production data. The exhibit below highlights the exposure of each sector Global Industry Classification Standard (GICS®2) sector to each category of Scope 3 emissions, ...
Scope 3 emissions, also called indirect emissions, encompass greenhouse gas emissions (GHG) that occur in an organization’s value chain and as such, are not under its direct operational control or ownership. In simpler terms, these emissions arise from external sources, such as emissions associate...
the Scope 3 Standard is the only internationally accepted method for companies to account for these types of value chain emissions. Users of the standard can now account for emissions from 15 categories of Scope 3 activities, both upstream and downstream of their operations. The Scope 3 framework...
A key consideration of a company’s ESG data reporting strategy is its approach to measuring and managing Scope 3 emissions over time.