What is the absolute value of total greenhouse gas emissions reduction?
CSRD
1. Definition of Absolute Value of Total GHG Emissions Reduction
Absolute value of total GHG emissions reduction refers to the total amount of greenhouse gas (GHG) emissions that the company has reduced over a specific period, measured in metric tons of CO₂-equivalent (tCO₂e) or another relevant unit.
This figure represents the total emissions reduced across all scopes (Scope 1, Scope 2, and Scope 3) and reflects the company’s direct contribution to climate change mitigation.
2. Reporting Total GHG Emissions Reduction
Total GHG Reductions:
Disclose the absolute total reduction in GHG emissions achieved by the company, expressed in metric tons of CO₂-equivalent (tCO₂e), and provide a breakdown by each scope:
Scope 1: Direct emissions from company-owned or controlled operations.
Scope 2: Indirect emissions from purchased electricity, steam, heating, and cooling.
Scope 3: Indirect emissions from the value chain, including supply chain emissions, product use, and end-of-life disposal.
Time Period for Reductions:
Specify the time period over which the emissions reduction has been measured (e.g., annual reductions, cumulative reductions over multiple years).
3. Breakdown of Emissions Reductions
By Emission Source:
Provide a breakdown of the reductions by decarbonization lever (e.g., energy efficiency improvements, renewable energy deployment, carbon capture, and storage technologies).
Example: "X metric tons of CO₂e reduced through energy efficiency improvements; Y metric tons reduced through renewable energy adoption."
By Scope:
Break down reductions by Scope 1, 2, and 3, showing how much of the reduction is attributed to direct emissions, indirect emissions from energy use, and emissions across the value chain.
4. Methodology and Assumptions
Calculation Methodology:
Explain the methodology used to calculate the absolute GHG emissions reductions, including:
Any standards or protocols followed (e.g., GHG Protocol, ISO 14064).
Assumptions made during the calculations, such as emission factors or conversion factors.
Verification:
If applicable, mention whether the reductions have been verified by a third party and provide details about the verification process and any certifications received (e.g., ISO verification, third-party audits).
https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#4867
Also in
E1-4 - Targets related to climate change mitigation and adaptation
- What information is provided to track the effectiveness of climate change mitigation and adaptation policies and actions through targets, as required by ESRS 2 MDR-T?
- Has the company set GHG emissions reduction targets or other targets related to renewable energy, energy efficiency, adaptation, and risk mitigation?
- What are the baseline year, targets, GHG types, Scope 3 categories, decarbonisation levers, and entity-specific denominators used for intensity values?
- What percentage of total greenhouse gas emissions reduction has been achieved (relative to the emissions of the base year)?
- What is the intensity value of total greenhouse gas emissions reduction?
- What is the absolute value of Scope 1 greenhouse gas emissions reduction?
- What percentage of Scope 1 greenhouse gas emissions reduction has been achieved (relative to the emissions of the base year)?
- What is the intensity value of Scope 1 greenhouse gas emissions reduction?
- What is the absolute value of location-based Scope 2 greenhouse gas emissions reduction?
- What percentage of location-based Scope 2 greenhouse gas emissions reduction has been achieved (relative to the emissions of the base year)?
- What is the intensity value of location-based Scope 2 greenhouse gas emissions reduction?
- What is the absolute value of market-based Scope 2 greenhouse gas emissions reduction?
- What percentage of market-based Scope 2 greenhouse gas emissions reduction has been achieved (relative to the emissions of the base year)?
- What is the intensity value of market-based Scope 2 greenhouse gas emissions reduction?
- What is the absolute value of Scope 3 greenhouse gas emissions reduction?
- What percentage of Scope 3 greenhouse gas emissions reduction has been achieved (relative to the emissions of the base year)?
- What is the intensity value of Scope 3 greenhouse gas emissions reduction?
- How has consistency been ensured between GHG reduction targets and inventory boundaries? What progress was made prior to the current baseline year? How was the baseline value established to be representative? How does a new baseline impact the target and progress tracking? Is the GHG reduction target science-based and aligned with limiting global warming to 1.5°C? What decarbonization levers are expected, and how were climate scenarios considered in their determination?