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Good practice example: Energy Company - Climate Change - Scope 3 GHG Emissions
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Energy Company - Climate Change - Scope 3 GHG Emissions

Scope 3 GHG emissions (ie. emissions that occur in the value chain of the reporting company, including both upstream and downstream emissions) should be disclosed by companies whose main climate impact lies in their value chain.

For example, an Oil & Gas company R discloses its Scope 3 GHG emissions produced separately for different categories, including the use of sold products where R’s biggest impact lies and the purchase of raw materials (in millions tonnes CO2 equivalent for the past four years). Scope 3 GHG emissions (189) are presented next to the data for GHG emissions Scope 1 (24.7) and Scope 2 (0.56) to illustrate what is the ratio between the Scopes. Space for improvement:

2017

2018

2019

2020

target 2021

target 2030

target 2050

Scope 1 emissions total (mtCO2e)

24.7

22

23

24.9

21

10

0

Scope 2 emissions total (mtCO2e)

0.56

0.45

0.40

0.55

0.4

0

0

Scope 3 emissions total (mtCO2e)

183

193

194

189

180

100

0

Use of sold products

175

185

186

180

172

95

0

Of which upstream production only

86

87

89

88

70

40

0

Raw materials - Crude

6.9

7.2

7.5

7.6

7

4

0

Raw materials - Hydrogen

0.6

0.7

0.6

0.7

1

1

0

Reporting of these indicators is provided in Repsol’s Integrated Management report, p. 58-59, available here: https://www.repsol.com/imagenes/global/en/2019_integrated_management_report_tcm14-175429.pdf