The GHG Protocol Scope 2 Guidance facilitates green energy procurement for companies who are seeking to reduce their carbon emissions and support the development of renewable energy.
The Scope 2 guidance requires companies to use two reporting methods to disclose their Scope 2 emissions: the location-based method and the market-based method. Under the market-based method, companies can include a number of contractual instruments to reduce their Scope 2 emissions, such as RECs and GOs.
All of our renewable energy products meet the new quality criteria for the market-based method and are accepted contractual instruments under the GHG Protocol Scope 2 Guidance.
There are three ways a business or organisation emits greenhouse gases and carbon through the use or consumption of energy. In our world we refer to them as 'scopes.'
These emissions result from sources directly owned or operated by you. For example, do you have a fleet of vehicles? Do they burn fossil fuel? Maybe you have buildings with boilers. Something as seemingly benign as neon signs can be REC-worthy.
These are emissions based on energy you purchase to directly operate your enterprise. The most common across-the-board example is - your electricity consumption.
Emissions resulting from activities not directly owned by your business but are associated with its operation. Examples; business travel, waste management, commuting, third-party distribution, etc.