Project Frame’s Post

Scope 3 is often the biggest source of an organization's GHG emissions and must be addressed when setting sustainability goals and emissions reduction targets. Check out this post I wrote on behalf of Odyssey Event Sustainability to learn more about scope 3 emissions and why they are important!

Scope 3 Emissions: A vital part of Net-Zero and Decarbonization efforts. Scope 3 emissions often account for over 70% of a company’s total greenhouse gas emissions. This is because scope 3 emissions are those generated indirectly from activities not owned or controlled by the company, upstream and downstream. Currently, reporting on scope 3 emissions is voluntary, but that could change depending on SEC rulings that would require scope 3 to be reported if it is deemed material. However, reporting on scope 3 is required for the SBTi Net-Zero Standard (Science Based Target initiative) and the International Sustainability Standards Board (ISSB). Scope 3 encompasses activities like the extraction of purchased materials, transportation of fuels, and the use of products and services sold by the company. There are 15 categories within scope 3, but not all may be relevant to each organization. While optional, Scope 3 reporting allows companies to innovate in greenhouse gas management, focusing on activities relevant to their business and goals. Companies should assess the relevance of Scope 3 categories based on emission magnitude, risk exposure, stakeholder importance, and potential for emissions reduction. Instead of comprehensive analysis, focusing on major emission-generating activities is often more practical and valuable. Understanding and managing Scope 3 emissions are crucial steps for achieving 1.5 and sustainability goals. #Sustainability #Scope3Emissions #CorporateResponsibility

How can companies avoid double counting when co-claiming Impact Units? 📚 Impact Units are verified greenhouse gas outcomes from Scope 3 interventions, representing one ton of carbon reduced or removed by an intervention. They enable companies to allocate and (co-)claim carbon reductions or removals in their Scope 3 reporting. Following the logic of GHG Protocol’s Scope 3 accounting guidance, value chains are split into “impact layers” based on the position of different actors. For example, raw material producers and retailers are at different impact layers. The amount of Impact Units issued at each impact layer corresponds to the total impact generated by the intervention. Companies in the same impact layer will not be able to claim the same Impact Units, whereas two companies in different impact layers will be able to claim the same impact as they will claim different Impact Units. This will allow companies to co-claim the climate impacts of joint investments. Learn more about our approach to credible value chain decarbonization https://lnkd.in/e7FgHkqU #decarbonization #valuechain #emissionreduction

The #ChemicalsIndustry contributes to about 95% of manufactured products, with growing economies and populations. The industry plays a vital role in the global shift to a #LowCarbon economy. The sector is also one of the largest contributors to global #greenhouse gas emissions, accounting for 30% of total industrial energy use, 14% of total industrial #CO2Emissions, and producing the third largest industry direct CO2 emissions. Our dss+ white paper with #GPCA, explains how #decarbonisation can turn #risks into opportunities. It also offers essential guidance for the industry's path to net zero, outlining key steps for implementation. Learn more here: https://lnkd.in/d9ZYkBiZ

🚨 Deadline: NEXT WEEK❗ Apply by June 11📅 $83 million in funding is available to decrease emissions from hard-to-decarbonize industrial sectors, which represent roughly 30% of total U.S. carbon emissions; and supports DOE’s Industrial Heat Shot and Clean Fuels & Products Shot. Read and apply to join #FECM in this initiative to accelerate the development and adoption of sustainable technologies that increase efficiency and eliminate industrial greenhouse gas emissions. ➡️ https://bit.ly/4aypNXo #ICYMI

A report by InfluenceMap, using the Carbon Majors database, considers how the major emitters of CO2 around the world have performed... https://lnkd.in/exWh6sB5

Hello hello! I want to talk about "𝐂𝐚𝐫𝐛𝐨𝐧 𝐞𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐝𝐞𝐧𝐬𝐢𝐭𝐲" during this opportunity. Is one of the several important topics in the 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐉𝐨𝐮𝐫𝐧𝐞𝐲 💡 Carbon Intensity helps us measure the greenhouse gas emissions associated with specific activities or operations. It's a powerful tool that allows organizations to assess their environmental impact more precisely and identify areas for improvement. In the document attached, you can get simple meanings and examples to understand, why the CI is relevant for your organization, country, or company. I was inspired by the article from CarbonBetter: https://lnkd.in/dzztKkgJ And searching numbers for postgrad research, I take information for example from: https://lnkd.in/dRhTnec4. Has real data about the production and consumption of electricity by some countries. 😎 👉🏼 Check the web and tell me if consider this topic relevant 𝐒𝐩𝐨𝐢𝐥𝐞𝐫: END = 𝐁𝐄 𝐌𝐎𝐑𝐄 𝐄𝐅𝐅𝐈𝐂𝐈𝐄𝐍𝐓 #Carbonemissions #CI #Carbonbetter #Carbon #Greenskills

What are your business sources of GHG emissions? You need to develop a GHG emissions Inventory. Here is how: 1. Define your decarbonization goals. 2. Map your value chain and Identify sources of GHG emissions. 3. Choose boundary and base Year. 4. Collect data and allocate emissions based on significance. 5. Apply GHG accounting and reporting principles 6. Set targets and track emissions over time 7. Report your inventory results. Protos Capital LLP helps businesses confidentially navigate the complexities of #scope1 #scope2 and #scope3 greenhouse gas emissions measurement, calculation and reporting. #ghgemissions #ghgprotocol #valuechainresilience #decarbonization #climateaction #netzerotransition #ifrsS1 #ghginventory #ghgaccounting #supplychainsustainability #manufacturingindustry #energysector #agriculturalsector #investmentssector

Successful #decarbonization strategies begin with knowing the sources of your businesse’s #GHGemissions. You need to develop a GHG Inventory.

Are you selling products and services to other companies? If you consider yourself a crucial business partner to other organizations, bear in mind that you also play a role in their Greenhouse Gas emissions. It's likely that soon, your customers will inquire about the carbon impact of your products or your ESG commitments and objectives. Are you prepared to address these inquiries? Learn more about your accountability in your clients' emissions: https://lnkd.in/gvxBc_jQ #GHGEmissions #Sustainability #ClimateAction #Scope3