Energy Digital Magazine August 2024 | Page 77

SUSTAINABILITY

It ’ s no secret that Scope 3 is a key battleground in the war on carbon emissions . A term that has been thrust into the forefront of most business ’ minds in recent years , it was not that long ago that people were not aware of what they are , and that ’ s without even getting started on their magnitude and importance .

For those not already in the know , greenhouse gas emissions are categorised into three groups , also known as Scopes . Scopes 1 and 2 are emissions that are owned or controlled by a company , with Scope 3 emissions those that companies are indirectly responsible for and come from its value chain .
“ All emissions have environmental impact and are encompassed by the internationally agreed Greenhouse Gas Protocol Scopes 1 , 2 and 3 ,” says Caitlin Keam , ESG Product Director at cloud enterprise software company IFS .
IFS develops and delivers software for companies around the world who manufacture and distribute goods , build and maintain assets and manage servicefocused operations . Its 6,000-strong workforce of experts focus on providing agility , trustworthiness and collaboration to help best support thousands of customers globally .
Scope 3 emissions : Key to winning the carbon emissions battle With Scope 3 emissions encompassing output of any part of the supply chain – from the likes of manufacturing , packaging and transporting a product to business travel and waste disposal –
energydigital . com 77