Sustainability is a hot-button issue in the automotive and commercial vehicle industries. A major focus has been on the reduction of greenhouse gas (GHG) emissions, and battery electric vehicles (BEVs) are viewed as the endgame for eliminating GBGs. However, BEVs only reduce tailpipe emissions.
Enter scope 3 emissions. According to the U.S. Environmental Protection Agency (EPA), scope 3 emissions are the result of activities from assets not owned or controlled by an organization (as opposed to its facilities and vehicles, which comprise scope 1 emissions).
So what do scope 3 emissions mean for vehicle suppliers? The MEMA Center for Sustainability and S&P Global Mobility's Ram Chandrasekaran and David Petrovski delved into the new avenues of carbon emissions that need to be accounted for. We covered what suppliers need to know about scope 3 emissions, and whether they are the final battle in sustainability or just the latest in an ever-growing list of sustainability buzzwords.
