GHG Protocol outlines proposed changes to scope 3 reporting standard

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🗞️ Driving the news: The Greenhouse Gas Protocol has outlined proposed revisions to its Scope 3 reporting standard, including stricter reporting requirements and the possible creation of a new emissions category covering additional value-chain activities

🔭 The context: Established by the World Resources Institute and the World Business Council for Sustainable Development, the GHG Protocol provides the global framework used by companies to measure and report greenhouse gas emissions
• Scope 3 emissions typically represent the largest share of corporate emissions, yet they remain the hardest to measure
• The proposed changes aim to strengthen the reliability and comparability of Scope 3 disclosures

🌍 Why it matters for the planet: Improving Scope 3 reporting is critical because most corporate emissions occur outside a company’s direct operations, across supply chains and product lifecycles
• Stronger standards could help ensure companies measure and address the full climate impact of their activities, reducing the risk of incomplete disclosures and greenwashing

⏭️ What’s next: A full draft of the revised Scope 3 Standard will be released for public consultation, with feedback from companies, investors and policymakers shaping the final update
• The revisions are part of a broader effort to modernize GHG Protocol standards alongside updates to Scope 2 guidance

💬 One quote: “The requirement ensures that all major activities attributable to a reporting company’s business are included in its corporate Scope 3 inventory”

📈 One stat: The current Scope 3 framework includes 15 emissions categories, and the proposed revisions could introduce a 16th category for additional value-chain activities

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