#229 From Platform To Proof – How To Tackle Your Scope 3 Emissions
Description
One of the biggest challenges for those looking to achieve Net Zero is tackling scope 3 emissions, which are indirect emissions that typically reside in your supply chain.
These can account for up to 70% of your total emissions and can be quite the undertaking to gather the necessary data to be able to complete your calculations needed for carbon verification.
In the final episode of the Platform to Proof mini-series, we invite Jay Ruckelshaus, Co-Founder and Head of Policy and Partnerships at Gravity, back onto the podcast to explain how to tackle scope 3 emissions, how it works in practice and how carbon accounting software can streamline the process.
You'll learn
· What are scope 3 emissions?
· What are the drivers for those tackling scope 3 emissions?
· Where to start with scope 3 emissions
· How does supply chain engagement work in practice?
· What are the benefits for suppliers involved?
· How can carbon accounting software help with scope 3 emissions?
Resources
· Gravity
In this episode, we talk about:
[02:05 ] Episode Summary – We introduce Jay Ruckelshaus, Co-Founder and Head of Policy and Partnerships at Gravity, who will accompany Mel on a 3-part mini-series diving into carbon accounting software and the value it can bring.
In this final part, Mel and Jay dive into scope 3 emissions, the challenges associated with gathering them and how carbon accounting software can help streamline this process.
[02:30 ] Catch-up on the first part – If you missed the first two parts of the series, catch-up with them here:
· Part 1: From Platform To Proof – What Is The Business Driver For Carbon Accounting And Reporting?
[03:50 ] What are scope 3 emissions?: The term 'scope 3' comes from a document and initiative called the GHG Protocol, which sets out the core methodology by which companies should measure account for their greenhouse gas emissions. It details 3 different scopes, scope 1 is your direct emissions (i.e. fuel for vehicle use ect), Scope 2 is grid emissions associated with purchased electricity or other forms of energy (i.e. energy for offices).
Scope 3 is a very broad term and addresses the emissions created by your value / supply chain. This could include things like transportation of resources you require from a third-party.
These emissions can count to upwards of 70% of a companies total emissions, depending on the nature of the business that can even go as high as 90%!
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