Within scope: navigating the Greenhouse Gas Protocol – part III

The Greenhouse Gas (GHG) Protocol stands as the preeminent standard for carbon accounting, offering comprehensive coverage and standardisation for emissions reporting frameworks worldwide. This insight, the third of a three-part series, examines scope 3 emissions: indirect emissions from activities outside a company’s operational control. Scope 3 emissions are often a significant contributor to a company's overall emissions profile, potentially accounting for up to 90% of total emissions. Calculating them is complex due to data collection issues, lack of direct control, and potential double counting. Companies that take a proactive approach to scope 3 calculations will be better prepared for future regulatory changes and stakeholder expectations.