Scope 3 Emissions
All other indirect emissions in an organization's value chain, including both upstream and downstream emissions such as financed emissions for financial institutions.
In practice
Scope 3 is where a bank's largest number sits, because it includes the loan book. Category 15 is the part that covers loans and investments.
Related terms.
GHG Protocol
The Greenhouse Gas Protocol provides the world's most widely used greenhouse gas accounting standards for companies...
Financed Emissions
Greenhouse gas emissions that are indirectly caused by financial institutions through their loans and investments,...
Category 15
Under the GHG Protocol, Category 15 covers emissions from investments, including financed emissions from loans,...
Put the term to work on a real portfolio.
Bring one sector. We will show how scope 3 emissions is calculated, graded and recorded, using the files you choose to share.