Scope 2: Changing the Way Companies Think About Electricity Emissions
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Approximately 40 percent of the world’s greenhouse gas emissions come from energy generation, and about half of that energy is consumed by industrial or commercial users. If a fifth of the world’s emissions come from the energy that keeps the world’s businesses running, how does business report those emissions?
Companies following the GHG Protocol Corporate Standard report purchased electricity, steam, heat and cooling as scope 2 emissions and have identified multiple possible methods in the 11 years since its publication. Wider consumer choice in electricity suppliers and products has made it more complicated, with inconsistent and incomparable data that slows progress in consumer-driven demand for low-carbon electricity. WRI, in partnership with the World Business Council on Sustainable Development and a global, multi-stakeholder task force, is launching new clarifying Scope 2 Guidance. This guidance amends and adds to the original requirements of the Corporate Standard, the most widely used tool for accounting and reporting corporate emissions in the last decade. |
Mary Elizabeth SotosAssociate, World Resources Institute
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Introducing the I-REC standard
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Approximately 40 percent of the world’s greenhouse gas emissions come from energy generation, and about half of that energy is consumed by industrial or commercial users. If a fifth of the world’s emissions come from the energy that keeps the world’s businesses running, how does business report those emissions?
Companies following the GHG Protocol Corporate Standard report purchased electricity, steam, heat and cooling as scope 2 emissions and have identified multiple possible methods in the 11 years since its publication. Wider consumer choice in electricity suppliers and products has made it more complicated, with inconsistent and incomparable data that slows progress in consumer-driven demand for low-carbon electricity. WRI, in partnership with the World Business Council on Sustainable Development and a global, multi-stakeholder task force, is launching new clarifying Scope 2 Guidance. This guidance amends and adds to the original requirements of the Corporate Standard, the most widely used tool for accounting and reporting corporate emissions in the last decade. |
Jared BraslawskyDirector, The International REC Standard
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