Scope 3 dashboard
Summarize
Summary of Scope 3 Dashboard
The Scope 3 dashboard is a tool that allows organizations to calculate and track their scope 3 emissions, which are indirect emissions associated with their value chain. This dashboard is integrated with the Operational Sustainability Workspace and is essential for ESG program managers and administrators to monitor trends in emissions and maintain compliance with regulations.
Show less
Key Features
- The dashboard requires the activation of the Scope 3 emissions management plugin, after which it begins collecting data.
- Historical data can be viewed if imported into the system, and it includes 10 metric definitions that must be activated for use.
- It allows reporting on 15 categories of greenhouse gases (GHGs), focusing on two primary categories:
- Category 1: Purchased goods and services
- Category 2: Capital goods
- Data displayed includes greenhouse gas category, spend category, and supplier category.
Key Outcomes
The Scope 3 dashboard provides actionable insights by utilizing spend-based emission factors to estimate indirect emissions based on expenditures in various categories. It also employs methodologies such as Environmentally Extended Input-Output (EEIO) and Life Cycle Assessment (LCA) data for comprehensive environmental impact assessments.
Organizations can categorize their suppliers and view emissions data to identify opportunities for emission reduction. Reports on the dashboard can be drilled down for detailed metrics and data sources, thus facilitating thorough analysis of sustainability impacts.
The Scope 3 dashboard helps you to calculate and track scope 3 emissions to gain a complete understanding of your organization's operational sustainability impact and ensure compliance with evolving regulations. Scope 3 emissions refer to indirect emissions in your value chain, for example, the emissions generated from procurement of equipment.
You can access the Scope 3 dashboard by selecting the icon on the Operational Sustainability Workspace.
- Category 1 Purchased goods and services: This category refers to the extraction, production, and transportation of goods and services purchased or acquired by the reporting company in the reporting year.
- Category 2 Capital goods: This category refers to the extraction, production, and transportation of capital goods purchased or acquired by the reporting company in the reporting year. Capital goods are physical assets like buildings, machinery, and equipment that are used to produce consumer goods or services.
The dashboard displays the scope 3 data for GHG category, spend category, and supplier category. The following sections explain these categories. Understanding these types of data helps you to understand the data that is displayed on the Scope 3 dashboard.
Spend category data
Spend-based emission factors assign typical levels of greenhouse gas (GHG) emissions to different spending categories. For instance, the emissions generated from spending $1 on office equipment may differ from those generated from spending $1 on transportation services. By multiplying the amount spent in each category by the relevant emission factor, you can estimate your indirect emissions. For example, if you categorize all your laptops as assets spend category, you can aggregate the expenditure on all those assets and then multiply the figure by the emission factor value provided by the Environmentally extended input-output (EEIO).
Supplier category data
- Environmentally extended input-output (EEIO) data: EEIO data integrates environmental data with economic input-output models to assess the environmental impacts associated with economic activities. This type of data is crucial for understanding how economic activities contribute to environmental pressures and can be used to evaluate the environmental impacts of different sectors and products throughout their supply chains. This data can either be entered manually in the ServiceNow instance or can be uploaded in bulk if the data is available in a spreadsheet. EEIO data is derived from the emission tables that are filled by activating from the ESG content accelerator application.
- Life cycle assessment (LCA) data: LCA data is used for evaluating the environmental impacts associated with all stages of a product's life from raw material extraction through materials processing, manufacture, distribution, use, repair and maintenance, and disposal or recycling. LCA data is crucial for conducting these assessments and includes detailed information about the environmental impacts of materials, processes, energy use, and waste management throughout the product life cycle.
- Supplier category data: Each organization has several suppliers for a variety of goods and services. Some examples of suppliers are laptop suppliers, monitor suppliers, desktop suppliers, and so on. You can categorize each of the suppliers into different categories. The scope 3 dashboard displays the emissions generated by these suppliers using the metric definitions that are provided by default. This information helps you to identify the scope for reduction of emissions. This data can either be entered manually in the ServiceNow instance or can be uploaded in bulk if the data is available in a spreadsheet.
GHG category
Emissions from purchased goods and services, classified under Scope 3 category 1 of the Greenhouse Gas (GHG) Protocol and capital goods classified under category 2, refer to the indirect emissions generated from a company's procurement of goods and services. The GHG category also uses the EEIO, LCA, and supplier calculation methodologies.