Webinar Series: Deep Dive into Scope 3 Emissions & Achieving Targets
30 May 2023
Scope 3 emissions typically account for as much as 80% of a company’s total emissions. While many companies have developed tangible strategies to reduce their Scopes 1 & 2 emissions, tackling Scope 3 is proving far more challenging given the lack of available data, its relative opaqueness and the notorious subjectivity around ownership of emissions.
This 4-part series was designed to educate operational staff engaged in ESG & climate topics and appropriate procurement personnel from private equity portfolio companies about Scope 3 emissions, as well as why and how to engage with their value chain partners to reduce emissions impact overall. The webinar series provided practical guidance that was brought to life by real-world case studies from sustainability professionals, in a broad range of sectors, who lived and breathed the journey.
We presented the following webinars:
Deep Dive on Scope 3: Unpacking Value Chain Emissions Complexity
24 May at 4 PM BST
Scope 3 Emissions: Data Collection & Transparency
31 May at 4 PM BST
Setting Scope 3 Targets
08 June at 4 PM BST
Achieving Scope 3 Targets through Engagement
29 June at 4 PM BST
Watch the playbacks:
Deep Dive on Scope 3: Unpacking Value Chain Emissions Complexity
In this webinar Baringa:
- Contextualised the need for Scope 3 measurement and accounting
- Discussed the most widely used framework for doing so: the GHG Protocol
- Provided a framework for calculating your Scope 3 emissions
- Brought these learnings to life with a case study from Guala Closures
Scope 3 Emissions: Data Collection & Transparency
In this webinar Baringa:
- Discussed the four-step iterative process for collecting and evaluating Scope 3 data:
- Prioritize collecting higher quality data for significant emissions based on the emissions’ characteristics
- Select primary and secondary data sources; giving you a framework for evaluation
- Collect the most precise data available to your business; identifying common pitfalls
- Improve emissions measurement and reporting based on changes to the internal and external landscape
- Provided insights into Scope 3 tools in the market that can help your business
- Brought these learnings to life with three case studies
Setting Scope 3 Targets
In this webinar Baringa:
- Introduced science-based targets and how the Science Based Targets initiative (SBTi) supports and validates targets for corporates
- Discussed different methods to set Scope 3 targets and the pros and cons of the different target types
- Provided insights into best practices and minimum requirements when setting Scope 3 targets
- Brought these learnings to life with two case studies
Achieving Scope 3 Targets Through Engagement
In this webinar Baringa:
- Discussed different methods a company can use to reduce their Scope 3 emissions through engagement with their value chain
- Provided best practices and helpful tools to help engage with suppliers and customers
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