The GHG Protocol secretariat solicited stakeholder feedback between November 2022 and March 2023 on the use of the Corporate Value Chain (Scope 3) Accounting and Reporting Standard (the “Scope 3 Standard” or “Standard”) and the Technical Guidance for Calculating Scope 3 Emissions (the “Scope 3 Technical Guidance” or “Technical Guidance”) to understand user needs, identify topics which may warrant updates or guidance, and solicit recommendations for specific updates or new guidance.

Approximately 350 individuals and/or organizations provided responses to the scope 3 survey. In addition to the scope 3 survey, respondents were given the opportunity to submit proposals.

The inclusion of feedback in the summaries does not indicate that a recommendation will be implemented or reflected in updates to either the Scope 3 Standard or Scope 3 Technical Guidance. Instead, the GHG Protocol secretariat and governance bodies are prioritizing which topics to address in the update process, including the scope of work for updates and additional guidance and resources.

According to the draft summary report, any updates will aim to align with best practice approaches to ensure that the GHG Protocol standards for corporate accounting and reporting are effective in providing a rigorous and credible accounting foundation for businesses to measure, plan, and track progress toward science-based and net-zero targets in line with the global 1.5°C goal. Any future updates will seek harmonization and interoperability with accounting rules under development through major disclosure initiatives.

Access the Summary of Scope 3 Proposals and the Detailed Summary of Scope 3 Stakeholder Survey Responses on GHG Protocol’s website.