29 Feb '12, 1pm

Scope 3 Emissions Reporting and the Future of Corporate Transparency

Scope 3 Emissions Reporting and the Future of Corporate Transparency

Despite massive data collection challenges, some firms are tracking and reporting Scope 3 greenhouse gas (GHG) emissions. The nonprofit Environmental Investment Organization (EIO) lists online 38 large companies that publicly report at least four of the Scope 3 categories . Sustainability leaders should continue to learn from these early pioneers as they evaluate the benefits and cost of Scope 3 reporting for their companies. A company's operations and products generate its greenhouse gas emissions, which are classified as Scope 1, Scope 2, and Scope 3. Led by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD), the methodology for Scope 1 and Scope 2 emissions are well accepted and used by thousands of firms around the world. Supplier scorecards from such companies as Walmart and IBM, as well as third-party reporting grou...

Full article: http://www.greenbiz.com/blog/2012/02/28/scope-3-emissions...

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