Why Businesses Are Still Not So Serious About Scope 3 EmissionsWhen it comes to carbon accounting, most organizations today are fairly proactive...
Published on by Arati Bhosale, Managing Director at Greenex Environmental
When it comes to carbon accounting, most organizations today are fairly proactive in addressing Scope 1 (direct) and Scope 2 (energy-related) emissions. However, Scope 3—the indirect emissions across the value chain—remains the most overlooked and underreported category, despite often contributing up to 70–90% of a company’s total carbon footprint. The reasons are many: complexity in data collection, lack of standardized measurement across supply chains, fear of exposing higher-than-expected impacts, and limited regulatory push compared to Scopes 1 and 2. Yet, by neglecting Scope 3, businesses miss out on the opportunity to drive meaningful climate action, strengthen supplier engagement, and enhance overall sustainability performance. With growing investor scrutiny, customer awareness, and upcoming regulatory frameworks, treating Scope 3 lightly is no longer an option—it is the missing piece that truly defines whether a company is serious about net-zero commitments or merely scratching the surface.
Taxonomy
- Environmental Impact Assessment
- Carbon Credit
- Environmental Impact
- Environmental Services
- Compliance & Voluntary Carbon Credits Markets
- Environmental Assessment & Management
- Carbon Trading
- Carbon Emissions
- Carbon Footprint
- Environmental Impact Assessment (EIA) for Wastewater
- Net Zero