Why Scope 3 Matters for Net Zero
Why Scope 3 Matters for Net Zero?
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What is it? & how to reduce it?
Some industries can reduce emissions by changing what they do. Others need changes in their entire value chain.
In cement, steel, and mining, most emissions are from Scope 1 and 2 (direct operations and energy).
But in sectors like electronics, automotive, and food, the highest emissions are Scope 3.
Which means?
Net-zero strategies in those sectors can’t succeed alone. They need deep collaboration across suppliers, manufacturers, and even consumers.
So, what falls under Scope 3?
– The carbon footprint of everything a company buys
– Emissions from shipping, logistics, and supply chains
– Investments
– Employee commuting & business travel
– The emissions from how customers use and discard a product
They often make-up the largest share of a company’s carbon footprint in many industries (around 70% in some industries).
Want to learn about the difference between Scope 1, 2, 3 ? Check this: https://lnkd.in/dGDb7nb3
Did you know about Scope 4 and 5 emissions? Learn more here: https://lnkd.in/drmsCpm4
Source:
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