Did you know?

Around 40% of global GHG emissions come from energy generation. Approximately half of this energy is then used by industrial and commercial users. These are called Scope 2 emissions. They are a result of purchased electricity, steam, cooling and heating.

Due to changes in the energy market over the last few years, such as the rapid adoption of renewable energy, corporations have often been left uncertain on how to report their Scope 2 emissions.

The World Resources Institute this week announced the release of new “GHG Protocol Scope 2 Guidance”. This was developed to be used alongside Greenhouse Gas Corporate Standard.

The Greenhouse Gas (or GHG) Protocol for how to measure, manage and report GHG emissions has been set the standard globally. Having taken four years to complete, the release of new Scope 2 Guidance provides much needed clarity for corporations when measuring emissions both from electricity and energy purchases, including renewable energy.

The new Scope 2 Guidance gives a common framework to corporations which allows them to account for energy emissions both from electricity contracts or instruments like renewable energy credits.

The Climate Registry, Carbon Disclosure Project, along with other reporting programs will soon require thousands of companies to submit extra information about their Scope 2 emissions using the new GHG Protocol Guidance.