Scope 3 Emissions

March 13, 2023

Scope 3 emissions: These are indirect greenhouse gas (GHG) emissions from sources outside of a company's direct control, such as emissions from the production and consumption of the oil and gas they produce. To manage Scope 3 emissions, oil and gas companies can:

  • Reduce flaring and methane emissions from their operations, which can have a significant impact on Scope 3 emissions.
  • Develop low-carbon and renewable energy businesses to reduce the reliance on fossil fuels.
  • Engage with suppliers and customers to encourage them to reduce their emissions and transition to low-carbon energy sources.

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