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You, too, can master value chain emissions | GHG Protocol

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visually-hidden">Image</div> <div class="field__item"> <img loading="lazy" src="/sites/default/files/features/stock_palm%20nut.PNG" width="501" height="335" typeof="foaf:Image" /> </div> </div> </div> </div> </div> </div> <div class="extra-field-blocknodeprovus-blogaddtoany block block-layout-builder block-extra-field-blocknodeprovus-blogaddtoany"> <div class="content"> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://ghgprotocol.org/blog/you-too-can-master-value-chain-emissions" data-a2a-title="You, too, can master value chain emissions"><a href="#" class="a2a_button_facebook"><span class="a2a_label">Share this on Facebook</span></a><a href="#" class="a2a_button_twitter"><span class="a2a_label">Share this on Twitter</span></a><a href="#" class="a2a_button_linkedin"><span class="a2a_label">Share this on LinkedIn</span></a><a href="#" class="a2a_button_email"><span class="a2a_label">Share this on Email</span></a><a href="#" class="a2a_button_print"><span class="a2a_label">Print this</span></a></span> </div> </div> </div> <div class="region--authoring-info"> <div class="field-blocknodeprovus-blogfield-blog-type block block-layout-builder block-field-blocknodeprovus-blogfield-blog-type"> <div class="content"> <div class="field field--name-field-blog-type field--type-entity-reference field--label-hidden field__item"><a href="/blog?field_blog_type_target_id%5B28%5D=28">Blog post</a></div> </div> </div> <div class="field-blocknodeprovus-blogfield-provus-publish-date block block-layout-builder block-field-blocknodeprovus-blogfield-provus-publish-date"> <div class="content"> <div class="field field--name-field-provus-publish-date field--type-datetime field--label-hidden field__item"><time datetime="2019-01-17T12:00:00Z" class="datetime">01.17.2019</time> </div> </div> </div> <div class="field-blocknodeprovus-bloguid block block-layout-builder block-field-blocknodeprovus-bloguid"> <div class="content"> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><a href="mailto:lori@prometsite.com">lori@prometsite.com</a></span> </div> </div> </div> <div class="region-first"> <div class="field-blocknodeprovus-blogtitle block block-layout-builder block-field-blocknodeprovus-blogtitle"> <h2>Title</h2> <div class="content"> <span class="field field--name-title field--type-string field--label-hidden">You, too, can master value chain emissions</span> </div> </div> <div class="field-blocknodeprovus-blogbody block block-layout-builder block-field-blocknodeprovus-blogbody"> <div class="content"> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>Today, most major companies publicly report their emissions to CDP, an international corporate emissions platform. As sustainability managers know, corporate emissions come from a variety of sources, which are grouped into “scopes.”</p> <p>Scope 1 = the emissions from owned or operated assets (for example, the fumes from the tailpipes of a company’s fleet of vehicles)</p> <p>Scope 2 = the emissions from purchased energy</p> <p>Scope 3 = the emissions from everything else (suppliers, distributors, product use, etc.)</p> <p><img alt="GHGP Scopes.PNG" height="407" src="/sites/default/files/ghgp/tools/GHGP%20Scopes.PNG" width="610" loading="lazy"></p> <p>Needless to say, measuring scope 3 emissions is a big undertaking. But it matters: for many businesses, scope 3 emissions account for more than 70 percent of their carbon footprint. Measuring and managing these emissions can motivate a company to do business with greener suppliers, improve the energy efficiency of its products, and rethink its distribution network -- measures that significantly reduce the overall impact on the climate.</p> <p>Measuring value chain emissions can also earn companies a gold star with investors and stakeholders. CDP scores companies based on climate change-related information collected through its global environmental disclosure system. These scores are then shared with CDP’s large investor network representing more than $100 trillion in assets. Companies earn points toward this score by disclosing emissions from scope 3 categories. Taking responsibility for value chain emissions is also a requirement for joining the <a href="http://sciencebasedtargets.org/">Science Based Targets</a> initiative, a growing cohort of companies that are recognized for aligning their emissions-reduction targets with climate science.</p> <p>If your company does not yet account for scope 3 emissions, you may be wondering where to start. Here are a few essential resources to guide you through the process:</p> <p><strong>GHG Protocol Corporate Value Chain (Scope 3) Standard</strong><br> The Greenhouse Gas Protocol’s <a href="/node/487">Corporate Value Chain (Scope 3) Standard</a> is the go-to handbook on measuring value chain emissions. It builds on the Corporate Standard, which covers a company’s scope 1 and 2 emissions. The Scope 3 Standard divides value chain emissions into 15 categories, both downstream and upstream of the company’s operations.</p> <p><strong>Scope 3 Evaluator</strong><br> Following the instructions in the 150 page-long Corporate Value Chain (Scope 3) Standard can be a significant undertaking, and sometimes corporate sustainability teams just need a quick, rough estimate of their company’s value chain emissions. To make this possible, GHG Protocol and Quantis teamed up to develop a free, online, easy-to-use <a href="https://quantis-suite.com/Scope-3-Evaluator/">evaluation tool</a> based on the scope 3 standard. This tool can be used by any company, regardless of type or size. After answering a series of questions about organizational structure, operational activities, use of fuels, transportation, and other aspects of their business, users are given a simple scope 3 inventory that can guide future emissions reductions.</p> <p><strong>Scope 3 Calculation Guidance</strong> For companies just beginning to assess their scope 3 emissions, it can be difficult to know where to start. This <a href="/node/487">calculation guidance</a> is designed to reduce those barriers by providing detailed, technical guidance on all the relevant calculation methods. It provides information not contained in the Scope 3 Standard, such as:</p> <ul> <li>Methods for calculating emissions for each of the 15 categories of scope 3 emissions (such as purchased goods and services, transportation and distribution, and use of sold products);</li> <li>Guidance on selecting the appropriate calculation methods; and</li> <li>Examples to demonstrate each calculation method.</li> </ul> <p>&nbsp;</p> <p><strong>Flexible Online Course</strong> With CDP’s late June reporting deadline rapidly approaching, some sustainability officers might be looking for professional training so that they can conduct a scope 3 inventory right away. The GHG Protocol offers an <a href="/node/465">online course</a> that covers the essentials of the Scope 3 standard. The course is hosted on an e-learning platform, allowing participants to log in anytime and move through the material at their own pace and on their own schedule.</p> <p><strong>Scope 3: It’s the Future </strong> As momentum builds for a low-carbon future, world governments and businesses alike are expected to embrace rigor and transparency when addressing their own carbon footprint. For major companies, tackling value chain emissions can reap the biggest rewards, with stakeholders and climate advocates.</p> </div> </div> </div> <div class="ghg-next-blog-post block block-ghg-blocks block-ghg-next-blog-post"> <h2>Next Blog Post</h2> <div class="content"> <article data-history-node-id="443" about="/blog/how-calculate-policies%E2%80%99-effects-greenhouse-gas-emissions" class="node node--type-provus-blog node--sticky node--view-mode-prev-next-post clearfix"> <header> <h2 class="node__title"> <a href="/blog/how-calculate-policies%E2%80%99-effects-greenhouse-gas-emissions" rel="bookmark"><span class="field field--name-title field--type-string field--label-hidden">How to Calculate Policies’ Effects on Greenhouse Gas Emissions</span> </a> </h2> </header> <div class="node__content clearfix"> <div class="field field--name-field-blog-type field--type-entity-reference field--label-hidden field__item"><a href="/blog-type/blog-post" hreflang="en">Blog post</a></div> <div class="field field--name-field-provus-publish-date field--type-datetime field--label-hidden field__item"><time datetime="2019-01-17T12:00:00Z" class="datetime">01.17.2019</time> </div> <div class="author-email"> <a href="mailto:lori@prometsite.com">lori@prometsite.com</a> </div> </div> </article> </div> </div> </div> </div> <div class="region-sidebar col-md-4"> <div data-layout-content-preview-placeholder-label="Contact Us (Basic Text) - 721329190" class="block-contentf2413cb4-defd-4df3-93e3-f05534f530f0 block-provus-basic-text block-content-provus_basic_text block block-block-content block-block-contentf2413cb4-defd-4df3-93e3-f05534f530f0"> <h2 class="title"> <div class="field field--name-field-provus-title field--type-string field--label-hidden field__item">Contact Us</div> </h2> <div class="clearfix text-formatted field field--name-field-provus-body field--type-text-with-summary field--label-hidden field__item"><p><span>For questions about the standards and guidance under development, please&nbsp;</span><a href="https://ghgprotocol.org/contact-us"><strong>contact us</strong></a><span>.</span></p></div> </div> </div> </div> <div class="region--bottom"> </div> </div> </article> </div> </div> </section> </main> </div> </div> </div> <div class="featured-bottom"> <aside class="container clearfix" role="complementary"> <section class="row region region-featured-bottom-first"> <div class="views-element-container views-blockghg-related-news-block-1 block block-views block-views-blockghg-related-news-block-1" id="block-views-block-ghg-related-news-block-1"> <h2>Related News</h2> <div class="content"> <div><div class="view view-ghg-related-news view-id-ghg_related_news view-display-id-block_1 js-view-dom-id-f201648e1747a5affbfce71c74c9976760146d6bc183894774d6759c817e7d2b"> <div class="view-content row"> <div data-drupal-views-infinite-scroll-content-wrapper class="views-infinite-scroll-content-wrapper clearfix"> <div class="views-row"> <article 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