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Get the free Relevance of Scope 3 Categories by Sector - brayparkshs eq edu

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Page 1Contents 1.0 SCOPE .......................................................................................................................................................... 3 2.0 PURPOSE ......................................................................................................................................................
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How to fill out relevance of scope 3

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How to fill out relevance of scope 3

01
Identify all relevant emissions sources and activities within scope 3.
02
Use emission factors or other methodologies to calculate the carbon footprint of each identified source.
03
Collect data on these emissions sources and activities, ensuring accuracy and completeness.
04
Analyze the data to prioritize emission reduction opportunities and develop a plan to address them.
05
Communicate the results and progress of scope 3 emissions reduction efforts to stakeholders.

Who needs relevance of scope 3?

01
Companies seeking to understand and reduce their carbon footprint beyond direct operations (scope 1 and 2).
02
Investors and stakeholders interested in evaluating the environmental impact of a company's value chain.
03
Regulatory bodies or programs requiring reporting on scope 3 emissions.
04
Organizations looking to improve their sustainability and meet targets related to greenhouse gas emissions.
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Scope 3 refers to indirect emissions that occur in the value chain of the reporting company, including both upstream and downstream activities.
Companies that want to provide a comprehensive account of their greenhouse gas emissions and environmental impact are required to file relevance of scope 3.
To fill out relevance of scope 3, companies need to gather data on indirect emissions from their value chain, categorize them according to relevant categories, and report the information in a standardized format.
The purpose of relevance of scope 3 is to provide transparency and accountability for the indirect emissions that occur throughout a company's value chain.
Companies must report information on categories of indirect emissions, sources of emissions, relevant activities in the value chain, and efforts to reduce emissions.
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