ISSB sets out Scope 3 reporting standards

In order to help organisations comply with its new Climate-related Disclosures Standard (S2) by disclosing their Scope 3 value chain emissions, the International Sustainability Standards Board (ISSB) has outlined a number of approaches. Incorporating and improving business procedures for measuring and disclosing those Scope 3 greenhouse gas emissions, which can be notoriously difficult to measure, is the goal of the new package of advice and reliefs.

The series of actions taken under Scope 3 include:

  • Monitoring emissions under Scope 3
  • Creating standards for ecological services, eosystems, and biodiversity
  • providing a worldwide baseline of disclosures relevant to sustainability

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