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.
24 July 2025
The Voluntary Carbon Market. Describes a market where project-based carbon credits are traded voluntarily and outside the scope of any national law (and regulation).
17 July 2025
Vietnam’s national carbon market is set to move forward in 2025 with the start of a pilot phase, highlighting progress in a fast-developing regional carbon markets hub in Southeast Asia that also...
14 July 2025
Carbon leakage refers to the unintended migration of carbon-emitting activities away from a jurisdiction that restricts CO2 emissions, and towards a jurisdiction where no such restrictions exist. For example, Europe's Emissions Trading System imposes a cost of CO2...
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