Devil in the detail – What corporations aren’t disclosing about their C02 emissions
A new study estimates most corporations are not reporting the full scope of their carbon footprint with many claiming to be ‘green’ despite a lack of reporting on Scope 3 key categories. Though CO2 reporting is currently voluntary for most firms, corporations are under pressure from investors, regulators, politicians, non-profit organisations and other stakeholders to disclose and reduce greenhouse gas emissions (GHG). The standard for greenhouse gas accounting, the Greenhouse Gas Protocol, is used worldwide to measure a company’s total carbon footprint with three levels of reporting. The first measures the GHG emissions directly produced by a company ...
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