Recently, we’ve worked with Wyld to calculate their Scope 3 emissions in their journey to Climate Neutral certification. Increasingly, companies are coming to us to measure their scope 3 emissions. Scope 3 emissions are not straightforward to measure, but only when you include them as well as scope 1 and scope 2 in your carbon footprint, do you get a true measure of your carbon impact.
What are Scope 3 emissions?
The GHG Protocol defines scope 3 emissions as “all indirect emissions (not included in scope 2) that occur in the value chain of the reporting company, including both upstream and downstream emissions”.
Upstream emissions are those emissions up to your premises. This will include: raw materials and other goods that are shipped to your company’s facilities – emissions associated with the raw materials as well as emissions associated with shipping them. It also includes business travel, employee commuting, leased assets and waste generated in operations.
Downstream emissions are those emissions from activities or products leaving your premises, such as transportation, use of sold products, end of life treatment, etc…
Case Study
Since inception, Wyld has been committed to climate responsibility and is now the first ever cannabis company to become a Climate Neutral Certified brand. Wyld set out to measure all of their Scope 3 emissions – an ambitious and forward-thinking target. They were looking for support to quantify these emissions, which can prove to be a very time and resource-intensive process, as the data can be difficult to distill.
Ecometrica worked with their dedicated sustainability team to measure all of their scope 3 emissions – from business travel to waste generated in operations. We eased the calculations process with our powerful sustainability reporting software and the guidance of our expert sustainability analysts.
“Working with Ecometrica’s team streamlined the path to achieving our goal of establishing a baseline greenhouse gas assessment which enabled us to identify emission hotspots and develop reduction strategies. The platform is easy to use, its extensive Scope 3 coverage and audit-ready output capability met all of our reporting needs.”
With our support, Wyld was able to efficiently deliver an audit-ready report that met their reporting needs and helped to achieve their ambition of Climate Neutral Certification.
Read their case study here.
Reading Time: 2 Minutes
Date Published: September 15, 2022
TLDR:
Increasingly, companies are coming to us to measure their scope 3 emissions. Scope 3 emissions are not straightforward to measure, but only when you include them as well as scope 1 and scope 2 in your carbon footprint, do you get a true measure of your carbon impact.
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