In recent months, global momentum around carbon reduction has accelerated, marked by the adoption of IFRS S1 and S2 standards and the agreements made at COP28. Alongside this progress is a growing demand for investment-grade environmental reporting. As a result, organisations must revisit how they calculate and report carbon emissions. Increasing scrutiny from consumers, investors, and regulators is pushing companies to move beyond compliance and toward strategic sustainability. In this shifting landscape, embracing robust carbon accounting practices isn’t just a regulatory necessity—it’s a chance to build trust, demonstrate accountability, and transform carbon strategy into a meaningful competitive advantage. Since Scope 3 emissions usually make up the largest proportion of a company’s carbon footprint and are the most complex to calculate accurately, Scope 3 should be an area of particular focus in a business’ carbon strategy.
This whitepaper is for organisations who are looking to get started on Scope 3 emission calculation and reporting. It provides definitions and explanations of the 15 sub-categories within Scope 3 and begins to unpick the question of where to start. Depending on the industry your company is in, the materiality of the 15 categories will vary. This whitepaper provides a step-by-step guide to calculating that materiality, and helpful considerations to make when laying the foundations of your Scope 3 calculation process. We work with organisations across all industries and sizes to ensure they have the right reporting process in place for them. Read on to learn more about the relevant process for your business.
In recent months, global momentum around carbon reduction has accelerated, marked by the adoption of IFRS S1 and S2 standards and the agreements made at COP28. Alongside this progress is a growing demand for investment-grade environmental reporting. As a result, organisations must revisit how they calculate and report carbon emissions. Increasing scrutiny from consumers, investors, and regulators is pushing companies to move beyond compliance and toward strategic sustainability. In this shifting landscape, embracing robust carbon accounting practices isn’t just a regulatory necessity—it’s a chance to build trust, demonstrate accountability, and transform carbon strategy into a meaningful competitive advantage. Since Scope 3 emissions usually make up the largest proportion of a company’s carbon footprint and are the most complex to calculate accurately, Scope 3 should be an area of particular focus in a business’ carbon strategy.
This whitepaper is for organisations who are looking to get started on Scope 3 emission calculation and reporting. It provides definitions and explanations of the 15 sub-categories within Scope 3 and begins to unpick the question of where to start. Depending on the industry your company is in, the materiality of the 15 categories will vary. This whitepaper provides a step-by-step guide to calculating that materiality, and helpful considerations to make when laying the foundations of your Scope 3 calculation process. We work with organisations across all industries and sizes to ensure they have the right reporting process in place for them. Read on to learn more about the relevant process for your business.
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