“Companies that increase their focus on environment, safety and governance issues can strengthen their License to Operate (LTO) and gain a competitive edge in the fight for capital.”
– EY Mining and Metals Risks and Opportunities 2021
What are Scope 1, 2 and 3 emissions?
Scope 1, 2 and 3 categorize the different kinds of carbon emissions a company creates in its operations and broader value chain. The term first appeared in the Green House Gas Protocol of 2001, and today, Scopes are the basis for mandatory GHG reporting across many geographies.
- Scope 1: Covers all emissions that a company makes directly — for example, mining vehicles
- Scope 2: These are the emissions companies make indirectly
- Scope 3: Covers all the emissions the company is indirectly responsible for, up and down its value chain
Cascadia Scientific Emissions Module
Many leading mining organizations rely on bulk fuel purchases or existing data from fuel or fleet management systems to report emissions and build sustainability plans for their mining assets. These methods do not provide the accuracy or granularity needed to set baselines and manage mining equipment emissions.