Understanding Scope 3 Emissions Course Overview

Scope 3 emissions refer to indirect emissions that occur in a company's value chain, including both upstream and downstream activities. They encompass emissions not owned or directly controlled by the company but are a consequence of the company's operations. This includes emissions from activities such as business travel, procurement, waste disposal, use of sold products, and end-of-life treatment. Understanding Scope 3 Emissions is crucial for industries to fully assess their carbon footprint, identify opportunities for reduction, and communicate environmental impact transparently. It’s used to support sustainability reporting, inform corporate responsibility strategies, and adhere to voluntary standards or regulatory requirements.