A different way to tackle scope 3 emissions

Quick Summary:

The Science Based Targets initiative (SBTi) proposed new metrics for dealing with Scope 3 emissions, which constitute over 70% of a company's carbon footprint.

Corporate Scope 3 targets “can serve as a powerful mechanism to integrate our global climate goals into the core of the economy” by focusing on how companies source goods and produce income, SBTi said.

In a paper published Tuesday, SBTi put forward a possible new approach aimed at enabling companies to “better assess and communicate their climate performance” in a way that goes beyond simply disclosing aggregate Scope 3 emissions.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: India

Topics: SBTi Carbon footprint Emissions Climate goals Scope 3 emissions

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 09:52:38 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1716 words

Reading Time: 10 minutes read

Sentences: 36 lines

Sentence Length: 48 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 21881749

View Article Analysis

About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 2 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

Publisher Details

Frequently Asked Questions