scope3emissies

Scope 3 emissions refer to the greenhouse gas emissions that occur from activities outside of a company's value chain or operational control. This includes emissions from the extraction and production of raw materials, as well as the distribution and end-use of a company's products. Scope 3 emissions are often associated with a company's supply chain and can be influenced by a wide range of factors, including the transportation of raw materials, the manufacturing process, and the final consumption of the product.

Scope 3 emissions are typically divided into 15 categories, including:

* Transportation of raw materials to manufacturing sites

* Production of sold products

* Transportation of sold products to customers

* End-of-life treatment of sold products

* Purchased goods and services

* Upstream leverage (i.e., emissions from the production of purchased goods and services)

* Waste not sold or given away

* Business travel

* Electricity, steam, water, and fuel consumed by investments

* Capital goods

* Other inputs (purchased goods and services not included in upstream or downstream)

* Investments (equity)

* Franchises

* Leases

Companies that report Scope 3 emissions are increasingly required to do so by investors, regulators, and stakeholders. Reporting Scope 3 emissions can provide valuable insights into a company's environmental footprint and help identify areas for improvement. It can also facilitate the development of strategies to reduce emissions and improve overall sustainability performance.

The Greenhouse Gas Protocol, a leading standard for greenhouse gas accounting, provides a framework for companies to report Scope 3 emissions. This standard allows companies to follow a consistent methodology in calculating and reporting their Scope 3 emissions.