Up to 70% of an organisation’s carbon footprint exists outside their direct control, in the value chain.

While Scope 1 and 2 emissions are relatively straightforward to measure and manage, Scope 3 emissions remain the most complex and challenging category to track accurately.

This can be due to accounting inaccuracies, activity data scattered across departments, months-long manual processes and questionable accuracy.

Organisations that fail to master value chain emissions face reputational damage, compliance penalties and competitive disadvantage.

This comprehensive guide reveals how forward-thinking Australian organisations are transforming Scope 3 from compliance burden into strategic advantage using emerging technologies and proven frameworks to achieve accuracy and actionability.

Key takeaways: 

• The critical distinction between Scope 1, 2 and 3 emissions
• The two essential data inputs required for effective Scope 3 accounting
• Common pitfalls in spend-based vs quantity-based approaches
• Emerging innovations solving Scope 3 challenges
• Practical frameworks for building robust Scope 3 inventories
• How technology reduces Scope 3 accounting timelines from months to minutes