Scope 3 emissions refer to indirect greenhouse gas emissions that occur in a company’s value chain, including both upstream and downstream activities such as supply chain, transportation, product use, and disposal.
Scope 3 emissions often represent the majority of a company’s carbon footprint. Addressing these emissions is crucial for a holistic approach to sustainability, as it reflects the environmental impact beyond a company’s direct operations and influences the entire lifecycle of its products and services.
Measuring Scope 3 emissions requires a comprehensive approach, involving collaboration with suppliers and stakeholders. Companies can utilize tools like life cycle assessments, supply chain mapping, and emissions calculators to quantify and manage their Scope 3 emissions effectively.