UKGBC consults on guidance for scope 3 emissions reporting
UKGBC is leading a project to develop a focused guidance document on scope 3 emissions reporting for the commercial real estate sector. Scope 3 emissions refer to carbon impacts across a company’s value chain, outside of their direct control, and represent a significant opportunity for driving carbon reductions.
The aim of this project is to build industry consensus on the sector-specific guidance and enable reporting companies to work towards a consistent outcome. It will seek to clarify the reporting process and build on existing guidance, including the GHG Protocol’s ‘Corporate Value Chain (Scope 3) Accounting and Reporting Standard’. This should improve the accuracy of reporting overall within the industry and, ultimately, drive industry-wide carbon reductions.
The guidance is being developed through industry workshops and engagement. As part of this process, a public consultation on the draft guidance document is currently open from Thursday 9th May until Friday 31st May.
A key criterion of success for this guidance is to ensure applicability for stakeholders from across the commercial real estate sector, including building developers, owners and investors. As such, feedback is being sought from any individuals and businesses in the sector who are interested or involved in scope 3 reporting.
The consultation paper is available below and responses can be submitted online up until 31 May:
- Save a local copy of this document to your computer to enable you to save and return to your responses. Please note, if you open this document in your web browser, you may not be able to use the ‘Submit Form’ function.
- Review the content and provide your feedback at the prompts.
- Select ‘Submit Form’ in the PDF once completed – this will send us an email with your responses. If you are unable to select ‘Submit Form’, please email your completed PDF to Karl.Desai@ukgbc.org.
A webinar will be hosted on 16 May to provide an overview of the consultation and allow participants to ask questions about the process and draft guidance. If you would like any further information on this project, please contact Karl Desai.
UKGBC is working with member companies Carbon Credentials, HS2 and TFT to produce the guidance and the project is being supported by BBP, BPF and RICS.
The guidance is being produced by UKGBC as part of its Advancing Net Zero programme, which is aiming to drive the transition to a net zero carbon built environment in the UK. The programme is kindly supported by Lead Partner the Redevco Foundation and Programme Partners: BAM Construct UK, Berkeley Group, Grosvenor Britain & Ireland, Hoare Lea and JLL.