For years, industries such as oil and gas have used Emissions monitoring systems to measure emissions for carbon and methane to report to the Environmental Protection Agency (EPA). However, in the last few years, environment, social and governance (ESG) frameworks that consider the material impact of emissions on both organizations and community stakeholders have moved beyond emissions-heavy industries to include all organizations that touch the supply chain. Proposed rule changes from the Securities and Exchange Commission (SEC) will mean that many organizations will soon be responsible for reporting Scope 1 (emissions resulting from direct operations), Scope 2 (emissions created indirectly as a result of purchased energy) and Scope 3 emissions (emissions further down the supply chain, such as those generated by suppliers or from … Read more...