Exploring Scope 4 GHG Emissions: Concept, Examples, and Future Trends
IntroductionAs businesses globally intensify efforts to combat climate change, the importance of accurately measuring and managing greenhouse gas (GHG) emissions has grown significantly. Traditionally, emissions are categorized into Scopes 1, 2, and 3 based on direct and indirect emissions within an organization's operational boundaries. However, the emergence of "Scope 4" emissions represents a vital new frontier, addressing emissions avoided due to adopting innovative technologies and strategies.Concept Development: What is Scope 4?Scope 4 refers to avoided emissionsโthose prevented through the use…
Read more
