To truly understand their carbon impact, companies will have to examine how much carbon is emitted along their entire value chain, from sourcing to delivery, and then in the use and disposal of their products. It’s about the entire lifecycle, not just the internal operations.
Emissions not tied directly to the operation of company facilities and vehicles are referred to as Scope 3 emissions, and understanding them can be a daunting task, especially when you don’t have much visibility beyond your four walls.