Scope 1 emissions refer to the emissions directly associated with an entity’s own operations.
Scope 2 emissions are those produced during the generation of energy that an entity purchases.
Scope 3 emissions are all other emissions not included in Scopes 1 and 2. These can be upstream emissions from an entity’s supply chain, or downstream emissions resulting from the consumption of the entity’s products.
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The Carbonwise editorial team is formed of seasoned established industry writers and specialist journalists.
27 July 2026
On 17th July, the European Commission unveiled its much-anticipated legislative proposal to overhaul the EU’s compliance carbon market, the EU Emissions Trading System (EU ETS).
23 July 2026
Know Your Client is a security procedure used in the financial sector when contracting to do business with a new counterparty.
14 July 2026
A type of carbon offset project that protects forests against deforestation or degradation, and thereby earns carbon credits by reducing emissions compared...
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