Scope 3 Reporting

Measuring, Tracking, Reporting and Monitoring Scope 3 – Scope 3 emissions are more complex and difficult to calculate compared to scope 1 and 2 emissions. Calculations often start with a directional emissions estimate, such as a spend analysis, to identify emission hotspots while sourcing data from internal databases or third parties, including suppliers or customers.

To measure Scope 3 emissions, companies can use a range of tools and methodologies such as the GHG Protocol or life cycle analysis. To effectively and accurately track and monitor scope 3 emissions requires the implementation of streamlined systems to collect and analyse data across the entire value chain, from suppliers to end-users.

Consumer Engagement Support – Companies can also engage with consumers to reduce Scope 3 emissions. For example, companies can encourage customers to use energy-efficient products or reduce waste through recycling programs.

Scope 3 Supplier Engagement Support – Supplier engagement is crucial to achieving Scope 3 emissions reduction targets. Companies can engage with their suppliers to identify ways to reduce emissions, such as switching to renewable energy sources or improving transportation efficiency.

Companies must deliver ongoing, timely communications to support suppliers and comprehensive, actionable guidance and resources. In addition, targeted, personalised training and support to meet suppliers where they are in their climate journey and provide interventions and pathways towards more mature initiatives are needed to build supplier capacity.