Upstream scope 3 GHG inventory can usually be analyzed through input鈥搊utput or hybrid LCA analysis. The economic input鈥搊utput life cycle analysis (EIO-LCA) and the hybrid LCA model have been widely used for this purpose. However, a cutoff error exists in the hybrid model, and the ...
Organizations can use four methods to calculate Scope 3 emissions from capital goods: Supplier-specific method- Involves collecting product-level, cradle-to-gate GHG inventory data from suppliers. Hybrid method- Involves the use of a combination of supplier-specific activity data and secondary data to...
Organizations can leverage this GHGP guidance to:(1) prepare accurate Scope 3 inventory reports by using standard approaches and principles. (2) develop effective strategies for managing and reducing Scope 3 emissions. And (3) maintain consistent and transparent public reporting of their corporate val...
GreenCo has developed a standardised workflow to guide organisations step-by-step in developing a comprehensive Scope 3 GHG inventory. "We will work closely with your team to help you understand your business, map out your value chain, and identify the relevant emission sources. We will...
The GHG Protocol Corporate Standard requires companies to report Scope 1 and 2 while Scope 3 emissions are optional but recommended for a more thorough inventory. Additional reporting requirements include: Base year emissions This refers to the amount of greenhouse gas emissions produced by a company...
It is fair to expect that many large corporations will request emissions data from their suppliers to develop their Scope 3 inventory. When developing a Scope 3 inventory, it is important to recognize where you have the most influence and control. The first step is engaging stakeholders to ...
We plan to improve the accuracy of our Scope 3 emissions inventory reporting over time, noting there is currently a wide range of reporting capabilities among our suppliers. We have started to introduce contractual requirements for regular GHG emissions reporting by our suppliers that will help to ...
First, in contrast to other Scope 3 categories, the rulebook for reporting on financed emissions and facilitated emissions is in many ways still nascent and incomplete. Accounting rules for financed emissions were only finalised by PCAF and endorsed by the Greenhouse Gas (GHG) Protocol – the glob...
However, it is important for companies to start preparing now as reporting may be an iterative process, with Scope 3 disclosures improving over time. Actions for management Take stock of your GHG inventory and understand your value chain as a starting point using existing guidance from the GHG...
Organizations can use four methods to calculate Scope 3 emissions from capital goods:Supplier-specific method - Involves collecting product-level, cradle-to-gate GHG inventory data from suppliers. Hybrid method - Involves the use of a combination of supplier-specific activity data and secondary data ...