Best Practices for Identifying and Reducing Scope 3 Emissions

ELI 2022 Corporate Forum
In the fight against climate change, the reduction of greenhouse gas (GHG) emissions is more important than ever. However, there is a rising complexity of understanding how to do so. In an effort to track emissions, the GHG Protocol categorizes GHG emissions into three scopes. Scope 3 emissions arise from indirect upstream and downstream emissions from a company’s value chain, which occur as a result of activities from assets that are not owned or controlled by the company reporting the emissions. Scope 3 emissions often encompass the majority of a company’s total GHG emissions; they include supply chain emissions, employees commuting and working from home, product use emissions, and more.
This year, attention has been increasingly drawn to this subject, as the Securities and Exchange Commission’s draft climate disclosure rule would require companies to disclose their Scope 3 emissions if they are material to the company’s operations or if the company has set a GHG emissions goal that includes them. Advocacy groups are also ramping up pressure to disclose and reduce supply chain contracting, as well as other Scope 3 emissions.
Join the Environmental Law Institute and expert panelists to discuss the best practices for corporations to identify and reduce Scope 3 emissions. What ESG strategies should be used? What are the challenges surrounding Scope 3 identification and reporting? How can those challenges be overcome? ELI’s 2022 Annual Corporate Forum will explore these questions and so much more.
Panelists:
Ann Goodman, Affiliate Faculty, CUNY Advanced Science Research Center
Pankaj Bhatia, Acting Director, Climate; Global Director, GHG Protocol, World Resources Institute
Paul Davies, Partner, Latham & Watkins LLP
Stephen Harper, Global Director, Environment and Energy Policy, Intel Corporation
Corinne Snow, Counsel, Vinson & Elkins LLP