Measuring and reporting on scope 3 emissions is challenging for a variety of reasons, chief among which is that they occur outside of an organization’s direct control. Any efforts to measure and disclose requires emissions data from multiple participants in a company’s supply chains. The challenge is exacerbated in Asia Pacific (ASPAC) owing to the region’s famed complexity of supply chains, and the broader issue of a lack of standardization around scope 3 emissions. This study showcases the state of scope 3 emissions reporting and disclosures in ASPAC by analyzing publicly available ESG reports from 338 companies listed on six stock exchanges, published between 2022-2023.
– John Boulton, Director, Policy ICAEW John.Boulton@icaew.com |
– Richard Spencer Director, Sustainability ICAEW Richard.Spencer@icaew.com |
– Kati Suominen, Research Fellow, Hinrich Foundation – Founder and CEO, Nextrade Group kati@nextradegroupllc.com /td> |