Scope For Improvement
Business Today India|December 11, 2022
Accounting for about 75 per cent of the industrial carbon footprint, focus on scope 3 emissions by organisations may help the country achieve its net zero target
Nidhi Singal
Scope For Improvement

THE CLIMATE CRISIS is real. Countries, cities and companies have commenced work towards abating greenhouse gases (GHG), yet the past eight years (2015 to 2022) are on track to be the eight warmest on record, fuelled by ever-rising greenhouse gas concentrations and accumulated heat (per the WMO Provisional State of the Global Climate in 2022 report).

This has resulted in extreme heat waves, drought and devastating floods, affecting millions and costing billions this year.

Companies have been adhering to the protocols for effectively measuring their GHG emissions, but that's mostly restricted to Scope 1 (direct emissions) and Scope 2 (emissions from direct purchases of energy). The indirect emissions, which occur in activities outside the boundary of an organisation such as vendors, suppliers, etc., which are external entities but are inextricably part of its value chain-are classified under Scope 3. Tellingly, Scope 3 emissions account for about 75 per cent of the total industrial carbon footprint, and are often neglected.

هذه القصة مأخوذة من طبعة December 11, 2022 من Business Today India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 11, 2022 من Business Today India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

المزيد من القصص من BUSINESS TODAY INDIA مشاهدة الكل
The Dark Side Of Gold Loans
Business Today India

The Dark Side Of Gold Loans

There Has Been A Sharp Rise In Gold Loans In Recent Years. But There Is A Seedier Side To This, As Is Evident From The Red Flag The RBI Raised Recently. Will The Regulator's Move Protect Customers?

time-read
10+ mins  |
May 12, 2024
All That Glitters
Business Today India

All That Glitters

The price of gold has been rising unabated. It has soared to more than 73,000 per 10 gm in 2024 from *31,000 in early 2018. Is the rally sustainable or is this a bubble?

time-read
1 min  |
May 12, 2024
"Hire for attitude, not ability"
Business Today India

"Hire for attitude, not ability"

Thryve Digital is a player in the healthcare technology sector delivering next-generation solutions

time-read
1 min  |
May 12, 2024
Road Warrior
Business Today India

Road Warrior

For Khalid Wani, Senior Director of Sales at Western Digital India, life is much more than just the corner office. Biking across the world is one way he derives meaning for his life

time-read
3 mins  |
May 12, 2024
WIDENING THE POOL
Business Today India

WIDENING THE POOL

THERE HAS BEEN A JUMP IN INDIVIDUALS INVESTING DIRECTLY IN THE STOCK MARKETS, BUT MUMBAI AND AHMEDABAD STILL ACCOUNT FOR THE LION'S SHARE. THERE DEFINITELY IS SCOPE FOR IMPROVEMENT IN TERMS OF PENETRATION LEVELS ACROSS THE COUNTRY

time-read
7 mins  |
May 12, 2024
CRISIS IN THE CLOUDS
Business Today India

CRISIS IN THE CLOUDS

INDIAN AVIATION IS IN CRISIS. AIRLINES ARE GRAPPLING WITH FLIGHT CANCELLATIONS, CREW SHORTAGES, AND COMPLAINTS ABOUT POOR SERVICE, ARE BLEEDING DUE TO RISING COSTS WILL THE FASTEST-GROWING AVIATION MARKET RECOVER?

time-read
9 mins  |
May 12, 2024
"India should start privatising public sector banks"
Business Today India

"India should start privatising public sector banks"

Arvind Panagariya, Chairman of the 16th Finance Commission, on growth, inequality, jobs, the banking sector, and more

time-read
8 mins  |
May 12, 2024
"I LET MY WORK DO THE TALKING"
Business Today India

"I LET MY WORK DO THE TALKING"

Megha Engineering & Infrastructures MD P.V. Krishna Reddy on being low profile, the infra opportunity and much more

time-read
4 mins  |
May 12, 2024
"Core of insurance lies in long-term security"
Business Today India

"Core of insurance lies in long-term security"

Vibha Padalkar, MD & CEO of HDFC Life, on the insurance provider's performance, surrender charges, and future innovations

time-read
3 mins  |
May 12, 2024
Distress in the Books
Business Today India

Distress in the Books

Bandhan Bank, the brainchild of Chandra Shekhar Ghosh, has made the journey from an MFI to a bank, but with many hurdles. Now with his resignation as MD & CEO, is the lender staring at more uncertainty?

time-read
2 mins  |
May 12, 2024