Scope 3 Emissions – A quick look

A quick look to Scope 3 emissions

In this 6-minutes video you will learn all you need to know about Scope 3 emissions. Understand what Scope 3 carbon emissions are; whether you need to include them for legal reporting; and, whether you need to include them in your carbon Footprint.

What emissions are Scope 3 categories?

Scope 3 emissions are composed by:

• Purchased goods and services
• Capital goods
• Fuel- and energy-related activities not covered by Scope 1 or 2
• Upstream transportation and distribution
• Waste generated in operations
• Business travel
• Work from home
• Employee commuting
• Upstream leased assets
• Downstream leased assets
• Downstream transportation and distribution
• Processing of sold products
• Use of sold products
• End-of-life treatment of sold products
• Franchises
• Investments

As a result, Scope 3 typically represents the greater part of a company’s total emissions. However, companies are not required to quantify Scope 3 emissions when completing a Streamlined Energy and Carbon Report.  Even so, there is growing pressure on companies from potential investors, shareholders, clients, partners, and even staff, to fully understand their Carbon Footprint including Scope 3, and how this works throughout their value chain.   Understanding your full Carbon Footprint will allow you to make informed decisions for the future, reduce your impact on the planet and minimise the commercial risks to your company created through a lack of transparency or ignorance of your Carbon burden. Although Scope 3 emissions could well represent the majority of your GHG emissions, reducing them is possible once you understand their source. Please note that your clients are probably already looking at their emissions and will be looking for sustainable partners and suppliers.