Tuesday, April 29, 2025

Why not consider scope 4 emissions? If positive, how to measure and report them? There are companies getting ready.

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In the present day is Friday, 30 August 2024.

Have you ever heard something about scope 4 emissions?

Worker efforts? Particular financing traces? Effectivity good points? Higher deliveries to clients, particularly within the areas of providers and applied sciences? Aggressive benefits of services and products? Efforts undertaken to develop new climate-friendly applied sciences and merchandise? Create a quick monitor for approval of ESG patents? (About this one we already reported initiative in the United States)

The place do the emissions reductions “potencialized” by the corporate are available, diminished emissions?

The very fact is that – presently – scope 4 just isn’t an official class of the GHG protocol and subsequently doesn’t rely in direction of an organization’s total scope 1, 2 and three emissions reductions.

However why ought to scope 4 emissions not be thought of?

The problem can be the flexibility to measure and disseminate them in a reputable method, avoiding any danger of being perceived as greenwashing.

Beneath are 7 references that could be fascinating to remember:

(1) “Other terms used to describe avoided emissions include climate positive, net-positive accounting, and scope 4.”

(2) “Similarly, investors may want to reflect that not all relevant GHG emissions worldwide are investable. Some of the worst polluting firms worldwide are (nearly) entirely state financed by sovereigns … Hence, it may be worth reflecting on the notion of a scope 4 for GHG emissions that reflects investee companies’ operations in regions with substantial, non-investable GHG emissions.” (web page 65)

(3) “We expect investors to increasingly focus on avoided emissions (also widely referred to as “Scope 4”) as a metric that may assist perceive the underappreciated position of firms that drive useful resource and power effectivity.” (web page 14)

(4) “Scope 4 covers ‘avoided emissions’ that stem from the creation of more energy-efficient or environmentally friendly products.”

(5) “We have also committed to develop a customer saved and avoided emissions baseline and target, sometimes referred to as Scope 4 (see ‘AVEVA’s ESG framework and goals at a glance’ on page 31).”

(6) “Scope 4, has gained in popularity. It covers emission reductions that “occur outside a product’s life cycle or value chain but as a result of the use of that product,” says the World Sources Institute, which established the GHG Protocol.”

(7) “A few companies already are reporting some aspects of their Scope 4 emissions.”

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