Why Scope 3 emissions are moving from the sustainability report to the lender's risk model
By Graham Paul, Service Delivery Director, TEAM Energy
For years, Scope 3 emissions have been viewed as the most challenging part of corporate sustainability reporting. They are difficult to measure, complex to manage and often sit outside an organisation's direct control
As a result, many organisations still treat Scope 3 reporting as a compliance exercise, one that needs improving over time, rather than a priority today.
That mindset may be about to change
A growing number of lenders are incorporating ESG performance into lending decisions, and supply chain emissions data is becoming part of the conversation. What was once a sustainability reporting challenge is rapidly evolving into a financing issue. Organisations that lack visibility of their Scope 3 emissions may find themselves facing more...
