BLOGS
Imagine you’re trying to figure out how much your company is affecting the environment by looking at all the things you buy, use, and produce. This is what we call a “scope 3 inventory.”
But,...
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Many companies either rent or lease things like buildings or vehicles to other companies, or they rent things from other companies. When it comes to tracking and reporting the emissions produced by...
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Recalculating base year emissions
When a company wants to track its emissions over time, they need to calculate a base year to use as a reference point. This base year helps them see if their emissions...
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Greenhouse gas accounting and reporting is like keeping track of how much pollution a company creates and then telling others about it. It helps companies show how they’re doing in terms of reducing...
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Examples of allocating emissions
1. Physical Allocation:
Sometimes, when a factory makes different products, they might use similar amounts of energy and materials to make them. However,...
Allocation is a process that companies use to divide or share the greenhouse gas emissions (GHG) produced by a single facility or system among the different products or outputs it generates. It’s...
Guidance for selecting data
Data Types for Calculating Scope 3 Emissions:
Companies use two main types of data for scope 3 emissions: primary data and secondary data.
Primary Data:
This data comes...
Why Monitor Scope 3 Emissions ?
Why It Makes Business Sense: Companies can benefit from addressing GHG emissions. By doing so, they can find ways to make more money, reduce risks, and gain a competitive...