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The data used by the CDP scientists is a composite of quantities of emissions as described via the GHG Protocol Corporate Standard (GHGPCS): Scope 1 and Scope 3 emissions (not including Scope 2) - these three being all the possible Scope-emission types. 1 is direct emissions sources from a companies owned or possessed resources, 3 is indirect ...
In 2022 about 30% of US companies reported Scope 3 emissions. [56] However, the International Sustainability Standards Board is developing a recommendation that Scope 3 emissions be included as part of all GHG reporting. [57] There are 15 Scope 3 categories.
Scope 3 categories include emissions from purchased goods, employee commutes, projects financed, and the use of products sold, among others. In the oil and gas sector, Scope 3 emissions can ...
The GHG Protocol Corporate Standard (GHG Protocol Corporate Accounting and Reporting Standard, GHGPCS) is an initiative for the global standardisation of emission of greenhouse gases in order that corporate entities should measure, quantify, and report their own emission levels, so that global emissions are made manageable.
Scope 3 emissions from an oil company, for example, might be the thousands of metric tons of carbon dioxide produced by gas-powered vehicles, even though oil companies do not produce cars.
An analysis from the Carbon Disclosure Project found that, on average, scope 3 emissions represent 75% of corporate emissions. In some industries, ...
PAS 2060 requires that the total amount of carbon emissions at the end of a reduction period be offset by high-quality, certified carbon credits which meet the following criteria: • From one of the PAS 2060 approved schemes (for example the Clean Development Mechanism , Joint Implementation or Verified Carbon Standard )
The SEC has dropped a requirement for U.S.-listed companies to disclose so-called Scope 3 emissions, which was included in its original draft of the rules published in March 2022, the sources said