Scope 1, 2, and 3 Emissions

Scope 1 emissions: direct emissions from sources that are owned or controlled by the company, such as emissions from burning fossil fuels.

Scope 2 emissions: indirect emissions from the generation of purchased energy consumed by the company.

Scope 3 emissions: all other indirect emissions in the company’s value chain, both upstream and downstream. Common categories include purchased goods and services, business travel, employee commuting, waste generated, use of sold products, leased assets, and investments (including financed emissions).

For financial institutions, scope 1 and 2 emissions (e.g., from corporate offices) are likely to be small compared to financed emissions (part of scope 3), which are the emissions associated with lending and investment activities.

Measuring and reporting scope 3 emissions can be challenging due to data gaps and the complexity of value chain emissions. This is particularly true for financed emissions, as many companies struggle to obtain reliable emissions data from their investees and borrowers across various asset classes. At Emmi, we bridge this data gap by providing comprehensive scope 1, 2, and 3 emissions data, including financed emissions, across all major asset classes. Our solutions help clients measure, report, and manage their full emissions footprint in line with best practices and emerging disclosure standards.

Learn more about our emissions data and how it can help you accurately measure and report your emissions.