Categories
The Corporate Value Chain (Scope 3) Accounting and Reporting Standard is a comprehensive guide developed by the GHG Protocol to assist companies in accounting for and reporting on greenhouse gas (GHG) emissions throughout their value chain. This standard outlines a structured process for companies to identify and account for both direct and indirect emissions associated with all their operational activities, from the production and procurement of goods and services to their use and end-of-life disposal. By integrating scope 3 emissions into their GHG inventory, companies can gain a holistic understanding of their environmental impact, enabling them to implement effective strategies to manage, reduce, and report these emissions. This approach not only supports better environmental management but also enhances corporate accountability and sustainability by aligning business practices with global emission reduction goals.
