Australian businesses are waking to the reputational opportunity presented by reporting on the loosely defined concept of “scope 4” carbon emissions, but experts say it is a distraction from meaningful carbon accounting.
The addition of a fourth “scope” to the global system of carbon accounting has been debated for almost a decade by those who create emissions standards. The measure refers to emissions avoided thanks to the company’s products.
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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com