This category includes scope 3 emissions associated with the company's investments in the reporting year. This is applicable for investors and companies who provide financial services.
Scope of emissions source
Scope 3 emissions are all indirect emissions – not included in scope 2 – that occur in the value chain of the reporting company, including both upstream and downstream emissions. In other words, emissions that are linked to the company’s operations.
Activities covered by scope 3 emissions are diverse, but sit in two high level categories; upstream emissions related to purchased or acquired goods and services, and downstream emissions related predominantly to the sales of goods and services.
Investments are included largely for financial institutions, but other organisations can still integrate it into their reporting.
According to GHG accounting, investments fall under 4 categories: equity investments, debt investments, project finance, managed investments and client services.
Reporting emissions on Cozero
For this Log emission category, users have the option to directly enter a unit of CO2 equivalent. For additional information on the calculation of emissions from investments, users can refer to the GHG Protocol Guidance. Please get in touch with our team if there is a frequent need to make use of this Log emission category and you require additional support in the calculation of emissions.