Navigating the challenges of scope 3 emissions measurement, reporting

ESG

The integration of ESG principles is transforming the industry, not just by altering investment patterns and underwriting practices, but by reshaping the very ethos of insurance companies.

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Scope 3 emissions are emissions across 15 categories within the upstream and downstream activities occurring outside the organisation.

They account for the majority of emissions attributable to an organisation and can range from 70 percent to over 95 percent of its total emissions inventory. Therefore, reducing scope 3 emissions is critical to achieving decarbonisation ambitions.

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Note: The results are not exact but very close to the actual.