News / #Scope 3
Policy & Finance
How Chinese climate disclosures can drive emission cuts
With more companies having to reveal their emissions and climate action plans, this transparency can spur China’s low-carbon transition.
EB Studio
The chemicals industry must rethink its supply chain to slash Scope 3 emissions, which are responsible for a third of all its emissions. Some mechanisms, however, may help chemical companies to better track and decarbonise their value chain emissions.
As the city-state's listed companies prepare to kick off mandatory climate reporting in 2025, nine in 10 local firms have yet to fully measure Scope 3 emissions, which make up the bulk of an entity's carbon footprint, finds a new study.
Such disclosures will be 'the future of climate reporting', says ISSB chair Emmanuel Faber, as the global standards body assumes new responsibility to develop guidance on how firms should put out transition plans to meet net-zero targets.
All #Scope 3 News
29 May 2024
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Carbon & Climate
Shell abandons 2035 emissions target and weakens 2030 goal
11 March 2024
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