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Companies are required to report a description of the methodologies used to calculate emissions for each scope 3 category (see chapter 9 of the scope 3 standard). Leaders such as the cfo, cso and cio will need a plan to collect the data, make determinations about which scope 3 emissions should be included in their company’s inventory, pick a methodology for calculating these emissions, and then take action to manage and eventually reduce them. Address scope 3 emissions challenges with data transparency, expert methods, and procurement insights
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Harness primary and secondary data for accurate emissions baselining. This assessment is included in the annual sustainability report In the appendix (see section 6.2), starting with scope 1 emissions (and corresponding emission intensities), we provide a simple recursive method of how scope 3 emissions of the members in a supply chain can be calculated on a per product basis, with straightforward extensions to multiple products.
Master scope 3 emissions calculation methods with our ultimate guide
Learn to measure carbon footprint across your value chain effectively. Preparing a ghg inventory which includes scope 3 emissions results in creating competitive advantage by enabling better product design, increasing eficiencies, reducing costs and mitigating risks. To do this, the company needed a robust baseline of its supply base but lacked data and a single source of truth on its emissions The ghg protocol outlines four scope 3 calculation methods
Learn their advantages and disadvantages, and how you can increase your accuracy. Learn how to measure scope 3 emissions and use the data to reduce your business’s carbon footprint with effective strategies and tools. In 2023, as part of the yearly closing, sika completed a comprehensive scope 3 ghg emissions assessment for the fy 2022