Scope 3
Scope 3 refers to the indirect emissions in a company's value chain. These emissions are produced from sources not owned or controlled by the company. Still, they are associated with its activities, such as producing and transporting purchased goods and services, employee commuting, and waste disposal. Scope 3 emissions are often the largest source of emissions for a company and can significantly impact its overall carbon footprint. Examples of Scope 3 emissions include:
The emissions from producing raw materials used in a company's products.
The emissions from the transportation of goods to and from a company's facilities.
The emissions from the use of a company's products by consumers.
Companies are increasingly being held accountable for their Scope 3 emissions. They are working to reduce them through measures such as supply chain optimization, energy efficiency improvements, and the development of low-carbon products and services.
ThreatNG with ESG violations tracking can help organizations obtain Scope 3 information by enabling the identification and monitoring of external assets, applications, and data accessible from the internet, including those of suppliers and partners. It helps detect and respond to digital risks, ensuring that supply chain partners follow best practices for security and data protection, and provides organizations with a security rating that reflects the overall security posture of suppliers and partners. The solution tracks an organization's ESG performance and monitors the ESG performance of suppliers and partners while tracking any violations of ESG commitments. By identifying areas of risk and working with partners to reduce their carbon footprint, organizations can reduce their environmental impact and achieve ESG goals.
