World Benchmarking Alliance+NAT.B15.EC Scope 3 Greenhouse Gas Emissions Targets+About

This metric was designed by The World Benchmarking Alliance, more information can be found here. Sources and Alignments for each indicator can be found here as well as the scoring guidelines here

The World Benchmarking Alliance's Nature Benchmark measures and ranks the world's most influential companies on their efforts to protect our environment and its biodiversity.

This metric relates to the Indicator: The company reduces its scope 3 greenhouse gas (GHG) emissions in line with a 1.5-degree trajectory.

Rationale: Scope 3 emissions are often the largest segment of companies' GHG, with business activities leading to a change in land use or degradation of ecosystems within companies' value chains. Companies can reduce scope 3 emissions by influencing business partners across their value chains as well as through their purchases or products they sell. It is estimated that about 40% of the global GHG emissions are driven, or influenced, by companies through their purchases and the products they sell (CDP, 2018). This indicator therefore seeks to hold companies accountable for their scope 3 emissions and aligns with the SBTi's guidance on the topic (SBTi, 2021).