As Companies Grapple with Scope 3, Scope 4 Comes into Play
By: Agenda
July 11, 2022
California utility Pacific Gas & Electric Company recently published a climate strategy report that highlights a new category of greenhouse gas (GHG) emissions that the company calls Scope 4. According to PG&E, the category accounts for the emissions it enabled its customers to reduce.
“As a utility that provides gas and electric service to millions of Californians, we have dedicated programs and strategies to enable our customers to reduce their carbon footprint and our ‘Scope 4’ goals quantify our 2030 objectives,” a spokesperson for the company wrote in an email.
…A search of SEC filings through public company intelligence provider MyLogIQ showed that only two companies referred to Scope 4 emissions in public filings over the past year, while roughly 19 companies referred to avoided emissions.
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