Understanding Scope 3 Emissions in Corporate Reporting

The chapter explores the evolution and significance of Scope 1, 2, and 3 emissions in corporate reporting, from the establishment of standards to the detailed publication of the Scope 3 standard in 2011. It emphasizes the importance of consistently accounting for greenhouse gas emissions across entities and the reasons behind the adoption of these standards. The discussion also delves into how different sectors have varying percentages of emissions in Scope 1, 2, and 3, highlighting the complexities of measuring and reporting Scope 3 emissions in various industries.