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).
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