28 Oct '11, 12pm

The Best Features of the New Scope 3 Emissions Standard

The Best Features of the New Scope 3 Emissions Standard

This article originally appeared in BSR Insight . Earlier this month, the Greenhouse Gas Protocol launched its Value Chain (Scope 3) Standard , establishing a common way for companies to define and measure their total greenhouse gas impacts, risks, and opportunities -- including those that are beyond the company's direct operating control but that may represent the most significant impacts on the price and stability of the company's supplies, customer demand, reputation, and costs. One of the most important sustainability standards of the decade, it is not a new concept: The idea of Scope 3 (as distinguished from "Scope 1" activities that a company owns or controls, and "Scope 2" electricity purchases) has been around since it was defined in the GHG Protocol's Corporate Standard in 2001. In place of a brief subsection, however, the document now runs more than 150 pages, co...

Full article: http://www.greenbiz.com/blog/2011/10/28/best-features-new...

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