Indirect Carbon Emissions and Why They Matter

Source: Triplepundit According to our recent research, a combination of regulation and consumer demand means that 93% of multinational companies are now taking steps to address carbon emissions directly related to their business. More companies are recognising that lowering their carbon emissions leads to reputational and efficiency gains, which means savings to the bottom line and ultimately increased revenue. There is also an increasingly pressing need to address a bigger challenge – ‘scope 3’ or indirect emissions that are a consequence of the activities of the reporting company, but occur at sources owned or controlled  by another organisation – including both upstream and downstream of companies along the value chain. This comprises those generated by all the emissions of everything a company buys, right back to raw material extraction or agriculture, as well as all the emissions that are produced from everything a company sells or disposes of, through retail, use and end-of-life. Taking a ‘carbon lens’ to your value chain is another way to improve the environmental and economic performance of your business – it unlocks …

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