2024-07-09 05:10:00 ET
Summary
- Scope 3 emissions are uniquely difficult to measure and report on.
- Within Scope 3, Category 15 is widely seen as one of the most challenging categories.
- As financed emissions make up a huge proportion of financial institutions’ carbon footprints, these institutions face a series of hurdles.
By Mobi Shemfe & Jaakko Kooroshy
Measuring and disclosing Scope 3 emissions presents serious difficulties for corporates and investors alike, and Category 15 emissions are perhaps the most challenging of all. In this blog, we help you understand why.
A common question from clients and other stakeholders on our Scope 3 Conundrum report is why we omitted Category 15 emissions. The answer, in a nutshell, is that this category carries a unique set of conceptual and data challenges, that in many ways go beyond the already complex issues of other Scope 3 disclosures....
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For further details see:
Conundrum Cubed: Scope 3 For Financials