Scope 3 emissions perhaps represents the greatest challenge for companies. And degree of diligence.
But what are scope 3 emissions?
Scope 3 covers emissions that are not produced by the company itself and are not the result of activities of assets owned or controlled by the company, but those for which it is indirectly responsible throughout its value chain. That is, without them the company would not be able to produce or sell, despite not being included in scopes 1 and 2 as part of the organizational boundary.
By clicking on the image below - 15 examples of scope 3 categories - you access the "Technical Guidance for Calculating Scope 3 Emissions" of the Greenhouse Gas Protocol, one of the bases from the chapter "Scope 3 emissions", the largest of the guide released a few days ago "How to calculate your GHG emissions? See contents of this handbook by KPMG" , already suggesting the complexity of the subject.
According to the Carbon Disclosure Project (CDP), scope 3 produces 5.5 times more emissions than scopes 1 and 2. In a press release of July 13, about a joint publication with Capgemini Invent that analyzes the evolution of decarbonization in 17 sectors in Europe between 2019 and 2022 "From Stroll to Sprint: A race against time for corporate decarbonization", CDP indicated that only 37% of Scope 3 emissions from European companies are the focus of decarbonisation.
The International Sustainability Standards Board (ISSB), which recently released the IFRS S1 and S2 standards on financial information related to climate and sustainability , had announced that companies will have a one-year exemption from scope 3.
It is worth mentioning the invitation opened by Verra for specialists to join its Scope 3 Standard Development Group. Applications close on July 31, 2023. If you are interested, here is the link for more information and for the online application form.
The Q&A of the "Brazilian GHG Protocol Program" by FGV EAESP Center for Sustainability Studies is also a good reference in Brazil.
