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3Degrees Inc's Climate Report
Submitted on 2025-10-01
| Edited on 2025-10-01
The SME Reporting Tool
Introduction *
Commitment and Targets *
Own Emissions *
Value Chain Emissions *
(optional)
Climate Solutions *
(optional)
Governance, Strategy and Climate Risk *
(optional)
Results, Challenges and Outlook *
Version 3.0
Introduction *
1.1 End day of the reporting period
*2024-12-31
1.1.1 Reporting year
*2024
1.2 Describe your business activities
*We are a worldwide climate solutions provider with four major solution spaces. (1) We have a commercial business line that serves corporations taking voluntary action on climate change. In this business, we provide climate-related commodities, implementation services, and strategy consulting. (2) We provide market access to companies eligible to generate climate-related commodities by serving as a project development and marketing partner. (3) We invest capital in climate commodities markets via proprietary trading portfolios and active trading. (4) We provide outsourced program management for opt-in renewable energy programs hosted by US utilities.
1.4 Number of employees on the end day of the reporting period
*265
1.4.1 Full-time equivalent (FTE) or headcounts
*Headcounts
1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.
*Parent company
Commitment and Targets *
2.1 Net zero target year
*2050
2.1.1 Base year
*2022
2.1.2 Base year value
*1406
2.2 Near-term target
*42% of absolute scope 1+2 emission reduction from my base year by 2030
2.3 Provide any additional comments or context on your net zero and near term targets.
*3Degrees participates in the Science-based Targets Initiative’s Small and Medium Enterprise program, which specifies target language for qualifying businesses. Our baseline scope 1 + scope 2 emissions are zero, so our intention is to maintain this level. Additionally, 3Degrees commits to reduce scope 1+2+3 emissions 90% by 2050 from a 2022 base year.
2.4 To reduce emissions in line with my commitment, my company has a climate action plan and is taking action
*Yes, the plan and action include all scope 1+2+3
Own Emissions *
Energy consumption
3.2 Total energy consumption
*64242 kWh
3.3 Total renewable energy consumption
*64242 kWh
Scope 1 emissions
3.4 Scope 1 emissions
*0 metric tons CO2e
Scope 2 emissions
3.5 Location-based scope 2 emissions
*15 metric tons CO2e
3.6 Market-based scope 2 emissions
*0 metric tons CO2e
3.7 Have you taken any actions to reduce scope 1+2 emissions in the reporting period?
*Yes
3.7.1 What actions have you taken to reduce scope 1+2 emissions in the reporting period
*Switch to renewable electricity,Energy efficient buildings and offices
3.7.2 Provide any additional details
*We have no sources of direct (scope 1) emissions.
Our energy services procurement is limited. Heating, cooling, and electricity are provided by our rental agreements and are unmetered in our spaces with one minor exception, so we have few tools to reduce scope 2 emissions through building efficiency or vendor engagement. We do incorporate energy efficiency into our office improvement projects and relevant equipment purchases, though these are reasonably rare. We purchase energy attribute certificates for 100% of our scope 2 electricity use every year and choose our supply with care.
3.8 Which tools or methods did you use to calculate your scope 1+2 emissions?
*Own internal calculations
3.8.1 Specify any additional details
*We use the Greenhouse Gas Protocol to calculate our emissions. We only have rental arrangements that fall under scope 2 within the USA; other office arrangements are membership-based and fall under scope 3. For scope 2, we calculate both location-based and market-based emissions.
First, we determine electricity use. In one office, we receive electricity bills and use these to determine use. In our other relevant office spaces, we estimate electricity use based on our proportion of building space. This estimation method introduces error, but our electricity use is small, and this method is a reasonable proxy. For location-based emissions, we multiply this estimated electricity use by regional electricity emission factors published by the US EPA.
For market-based emissions, we purchase wind or solar energy attribute certificates under Green-e Certified transactions for 100% of our electricity use.
Value Chain Emissions (optional) *
Scope 3 emissions
4.1 Have you measured any of your scope 3 emissions?
*Yes
Supply chain related - upstream emissions
Customer related - downstream emissions
4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?
*Yes
4.2.1 What actions have you taken to reduce scope 3 emissions in the reporting period?
*Climate strategy and planning,Supply chain engagement,Other company behavioural changes
4.2.2 Provide any additional details
*Our most significant emission sources arise from our Purchased Goods and Services, our Business Travel, and our Employee Commuting (largely remote-work related). We have broken down our Purchased Goods and Services emissions into several high-impact categories so as to inform our emission reduction efforts. As noted above, we have committed to implementing at least one emission reduction program each year. Since our emissions are made up entirely of scope 3 emissions, these actions will be aimed at our procurement and our value chain.
4.3 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?
*No
4.4 Have you communicated your commitment and actions to any of your customers?
*Yes
4.5 Which tools or methods did you use to calculate your scope 3 emissions?
*Own internal calculations
4.5.1 Specify additional details
*We use the Greenhouse Gas Protocol to calculate our emissions. Our calculation methodology is a hybrid approach that uses both spend-based data along with supplier-specific data, as well as company-specific internal activity data where available and material.
We use supplier-specific data on categories that are highly emissive and potentially actionable, while we use spend-based data on the other material categories. These calculations are all performed with an internal footprinting tool that we developed for our consulting team’s use with clients. As with all scope 3 calculations, our emissions data results from underlying assumptions and emissions factors that may be directional at best. Still, we believe the consistency of our measurement processes and emission factors results in relevant and useful signals that point to areas where we should focus our attention.
Climate Solutions (optional) *
5.1 Do any of your existing products and/or services qualify as climate solutions or enabling solutions?
*Primary purpose of enabling others to reduce their emissions.
5.2 Please confirm your solutions meet all the following safeguard requirements.
*Does not support or extend the use of fossil fuel-based technologies,Does not cause serious harm to nature (e.g. water, wildlife, or ecosystems),Avoids major pollution, such as harmful chemicals or hazardous waste,Respects human and workers’ rights (e.g. fair pay, safe working conditions)
What percentage of your total revenue came from these products and/or services last year?
*90–100%
5.4 Provide descriptions/names of your solutions:
*Our services have a primary purpose of enabling others to reduce their emissions:
(1) We acquire and sell for retirement, renewable energy, carbon, and supply chain reduction commodities for corporate climate action.
(2) We provide a route-to-market for companies who can receive funding for their emission reduction activities through market-based incentive programs or commodity markets.
(3) We provide procurement advisory services that result in long-term renewable electricity and renewable biogas purchase contracts.
(4) We provide strategic guidance and tools to program leaders and decision makers regarding company climate emissions.
(5) We implement opt-in renewable energy programs on behalf of energy providers, aimed primarily at residential and small commercial customers.
(6) We participate in climate-related commodity markets so as to ensure accurate price signals for the climate commodities, to enable buyers and sellers to achieve their climate and financial goals, and to contribute to high-integrity and scalable market-based solutions.
5.5 How did you assess whether these are climate solutions?
*Using our own internal method (please describe)
5.5.1 Has any third party validated this?
*No
5.5.2 Specify any additional details
*Our company's mission is to enable companies and their customers to take urgent action on climate change. We are incorporated as a Benefit Corporation with its public benefit articulated as "To have a positive effect on the Earth's environment and to reduce the negative effects of climate change on the Earth." Everything we do is in service of this mission.
Governance, Strategy and Climate Risk (optional) *
6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.
*Governance process in place,Person is responsible for climate strategy at board level,Other (please specify)
6.1 Explain
*In 2023 we began work on, and in 2024 we adopted, a Management System for Environmental, Social, and Governance affairs that defines how we manage these aspects of our business and our impacts; it includes a number of policies as well as processes for reporting to our leadership and Board of Directors. Our Chief Sustainability Officer sits on our Board of Directors and has specific reporting responsibilities to the Board as a whole regarding our progress and challenges in forwarding our climate goals. Additionally, the Board of Directors adopts policies, and approves annual scorecards, targets and budgets.
6.1.1 Please describe their position and responsibility.
*The Chief Sustainability Officer leads our efforts to achieve net zero emissions and aims to create implementation strategies that are tuned to the needs of small-footprint, high-ambition companies.
6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?
*Yes
6.1.3 Please describe the governance process in place
*3Degrees’ Board of Directors empowers our CEO to ensure that company leaders have the resources, strategic clarity, and expertise to create and implement business processes, programs, and customer offerings that fulfill our mission and maintain our values. Our Board of Directors is responsible for adopting policies, approving the company’s annual scorecard and budget, and also reviews progress annually toward our ESG goals. The Chief Sustainability Officer works with business leaders to ensure plans, activities and goals support our environmental intent. She also oversees the identification of climate risks and opportunities.
This is to ensure that 3Degrees management team can establish, maintain, and improve business processes, people programs, and customer offerings that fulfill our mission. Additionally, business leaders and employee teams advise on, contribute to, and are responsible for implementing the processes, programs, and offerings that make our commitments tangible.
6.2 Have you started to identify and assess your companies climate risks and opportunities?
*Yes - we have identified both climate risks and opportunities
6.2.1 Where are the climate risks you've identified?
*Both operations and value chains
6.2.2 How are you managing these climate risks? Choose as many as are applicable.
*Other (please specify)
6.2.2 Explain
*See description below
6.2.3 Provide any additional comments or context on your climate risks:
*As a climate services company, we address climate-related risks and opportunities in two ways: a) as part of our work to manage our portfolio of products and services offered; and b) as part of our operational risk management, ensuring we have appropriate business continuity plans in place.
For our product portfolio, an internal team monitors both voluntary and regulatory developments around the world to inform our current business and to identify opportunities where we could expand our offerings in the near-, medium-, and long-term. Also, some of our client work involves developing first-of-a-kind, bespoke initiatives that can create templates for broader work. These efforts ensure that we can provide our full suite of services while remaining on track to achieve our 1.5℃-aligned climate goals.
Our internal team also monitors potential risks to our current product portfolio, for example from unanticipated changes in standards or laws, or from unexpected customer sentiment regarding the universe of climate products and services we offer. Our internal monitoring efforts allow us to be efficient in our strategic business and financial planning to ensure that we can provide value to our customers in line with our mission statement.
Operationally, our workforce is geographically diverse and our operations are not highly concentrated. Still, in 2024 we identified the need to update our business continuity plans and are proceeding with that initiative in 2025.
6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.
*Yes
Yes, 3Degrees’ stated mission is “We make it possible for businesses and their customers to take urgent action on climate change.” Also, we are incorporated as a Benefit Corporation under Delaware law, which requires that we state a public benefit and “manage the company in a manner that balances the pecuniary interests of stockholders, the best interests of those materially affected by the company’s conduct, and the stated public benefit.”
The law requires that we report directly to shareholders regarding our efforts to support our public benefit. The public benefit we seek to promote is: “to have a positive effect on the Earth’s environment and to reduce the negative effects of climate change on the Earth.”
6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?
*Yes
In addition to our core business of providing climate products and services to accelerate action on climate change - which we grow year after year - in 2024 we remained active participants in industry-wide efforts to accelerate progress, and engaged our employees on outside-the-workplace climate topics.
As examples, in 2024, we launched our carbon removal suite which was designed to facilitate corporate engagement with the carbon dioxide removal (CDR) market effectively and affordably. This was done in alignment with the Oxford Principles for Net Zero Aligned Carbon Offsetting and provides a strategic pathway for organizations to incorporate high-durability removals into their carbon procurement strategies. Additionally, 3Degrees developed a tool that allows large companies to engage with their suppliers to source high-quality renewable energy as emission reductions.
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*This is our second year reporting our emissions to the SME Climate Hub. However, we have been calculating and reporting our greenhouse gas emissions since 2008. In 2024, our emissions are slightly higher than reported for 2023 - due largely to a change in calculation methods. We now more accurately capture the extent of our software and cloud services procurement.
7.2 Do you face any key challenges in reducing emissions?
*Reducing scope 3 emissions,Reducing emissions from business travel,Balancing emission reductions with business growth,Other challenges (please specify)
Specify other challenges
*Limited influence over suppliers
7.3 Has there been any third party validation of the data submitted in this report?
*Yes
After more than a dozen years of annually seeking third-party verification of our footprint, we made a policy decision to obtain external verification of our footprint every three years. This cadence was chosen given the nature of our footprint (small, all scope 3, and with a business model and emission factors that do not change very much from year-to-year). Accordingly, we verified our 2021 emission-year footprint as well as our 2024 emission-year footprint, and will do so again in 2027.
3Degrees Inc's Climate Report
3Degrees Inc's Climate Report - 2024
Introduction *
1.1 End day of the reporting period
*2024-12-31
1.1.1 Reporting year
*2024
1.2 Describe your business activities
*We are a worldwide climate solutions provider with four major solution spaces. (1) We have a commercial business line that serves corporations taking voluntary action on climate change. In this business, we provide climate-related commodities, implementation services, and strategy consulting. (2) We provide market access to companies eligible to generate climate-related commodities by serving as a project development and marketing partner. (3) We invest capital in climate commodities markets via proprietary trading portfolios and active trading. (4) We provide outsourced program management for opt-in renewable energy programs hosted by US utilities.
1.4 Number of employees on the end day of the reporting period
*265
1.4.1 Full-time equivalent (FTE) or headcounts
*Headcounts
1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.
*Parent company
Commitment and Targets *
2.1 Net zero target year
*2050
2.1.1 Base year
*2022
2.1.2 Base year value
*1406
2.2 Near-term target
*42% of absolute scope 1+2 emission reduction from my base year by 2030
2.3 Provide any additional comments or context on your net zero and near term targets.
*3Degrees participates in the Science-based Targets Initiative’s Small and Medium Enterprise program, which specifies target language for qualifying businesses. Our baseline scope 1 + scope 2 emissions are zero, so our intention is to maintain this level. Additionally, 3Degrees commits to reduce scope 1+2+3 emissions 90% by 2050 from a 2022 base year.
2.4 To reduce emissions in line with my commitment, my company has a climate action plan and is taking action
*Yes, the plan and action include all scope 1+2+3
Own Emissions *
Energy consumption
3.2 Total energy consumption
*64242 kWh
3.3 Total renewable energy consumption
*64242 kWh
Scope 1 emissions
3.4 Scope 1 emissions
*0 metric tons CO2e
Scope 2 emissions
3.5 Location-based scope 2 emissions
*15 metric tons CO2e
3.6 Market-based scope 2 emissions
*0 metric tons CO2e
3.7 Have you taken any actions to reduce scope 1+2 emissions in the reporting period?
*Yes
3.7.1 What actions have you taken to reduce scope 1+2 emissions in the reporting period
*Switch to renewable electricity,Energy efficient buildings and offices
3.7.2 Provide any additional details
*We have no sources of direct (scope 1) emissions.
Our energy services procurement is limited. Heating, cooling, and electricity are provided by our rental agreements and are unmetered in our spaces with one minor exception, so we have few tools to reduce scope 2 emissions through building efficiency or vendor engagement. We do incorporate energy efficiency into our office improvement projects and relevant equipment purchases, though these are reasonably rare. We purchase energy attribute certificates for 100% of our scope 2 electricity use every year and choose our supply with care.
3.8 Which tools or methods did you use to calculate your scope 1+2 emissions?
*Own internal calculations
3.8.1 Specify any additional details
*We use the Greenhouse Gas Protocol to calculate our emissions. We only have rental arrangements that fall under scope 2 within the USA; other office arrangements are membership-based and fall under scope 3. For scope 2, we calculate both location-based and market-based emissions.
First, we determine electricity use. In one office, we receive electricity bills and use these to determine use. In our other relevant office spaces, we estimate electricity use based on our proportion of building space. This estimation method introduces error, but our electricity use is small, and this method is a reasonable proxy. For location-based emissions, we multiply this estimated electricity use by regional electricity emission factors published by the US EPA.
For market-based emissions, we purchase wind or solar energy attribute certificates under Green-e Certified transactions for 100% of our electricity use.
Value Chain Emissions (optional) *
Scope 3 emissions
4.1 Have you measured any of your scope 3 emissions?
*Yes
Supply chain related - upstream emissions
Customer related - downstream emissions
4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?
*Yes
4.2.1 What actions have you taken to reduce scope 3 emissions in the reporting period?
*Climate strategy and planning,Supply chain engagement,Other company behavioural changes
4.2.2 Provide any additional details
*Our most significant emission sources arise from our Purchased Goods and Services, our Business Travel, and our Employee Commuting (largely remote-work related). We have broken down our Purchased Goods and Services emissions into several high-impact categories so as to inform our emission reduction efforts. As noted above, we have committed to implementing at least one emission reduction program each year. Since our emissions are made up entirely of scope 3 emissions, these actions will be aimed at our procurement and our value chain.
4.3 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?
*No
4.4 Have you communicated your commitment and actions to any of your customers?
*Yes
4.5 Which tools or methods did you use to calculate your scope 3 emissions?
*Own internal calculations
4.5.1 Specify additional details
*We use the Greenhouse Gas Protocol to calculate our emissions. Our calculation methodology is a hybrid approach that uses both spend-based data along with supplier-specific data, as well as company-specific internal activity data where available and material.
We use supplier-specific data on categories that are highly emissive and potentially actionable, while we use spend-based data on the other material categories. These calculations are all performed with an internal footprinting tool that we developed for our consulting team’s use with clients. As with all scope 3 calculations, our emissions data results from underlying assumptions and emissions factors that may be directional at best. Still, we believe the consistency of our measurement processes and emission factors results in relevant and useful signals that point to areas where we should focus our attention.
Climate Solutions (optional) *
5.1 Do any of your existing products and/or services qualify as climate solutions or enabling solutions?
*Primary purpose of enabling others to reduce their emissions.
5.2 Please confirm your solutions meet all the following safeguard requirements.
*Does not support or extend the use of fossil fuel-based technologies,Does not cause serious harm to nature (e.g. water, wildlife, or ecosystems),Avoids major pollution, such as harmful chemicals or hazardous waste,Respects human and workers’ rights (e.g. fair pay, safe working conditions)
What percentage of your total revenue came from these products and/or services last year?
*90–100%
5.4 Provide descriptions/names of your solutions:
*Our services have a primary purpose of enabling others to reduce their emissions:
(1) We acquire and sell for retirement, renewable energy, carbon, and supply chain reduction commodities for corporate climate action.
(2) We provide a route-to-market for companies who can receive funding for their emission reduction activities through market-based incentive programs or commodity markets.
(3) We provide procurement advisory services that result in long-term renewable electricity and renewable biogas purchase contracts.
(4) We provide strategic guidance and tools to program leaders and decision makers regarding company climate emissions.
(5) We implement opt-in renewable energy programs on behalf of energy providers, aimed primarily at residential and small commercial customers.
(6) We participate in climate-related commodity markets so as to ensure accurate price signals for the climate commodities, to enable buyers and sellers to achieve their climate and financial goals, and to contribute to high-integrity and scalable market-based solutions.
5.5 How did you assess whether these are climate solutions?
*Using our own internal method (please describe)
5.5.1 Has any third party validated this?
*No
5.5.2 Specify any additional details
*Our company's mission is to enable companies and their customers to take urgent action on climate change. We are incorporated as a Benefit Corporation with its public benefit articulated as "To have a positive effect on the Earth's environment and to reduce the negative effects of climate change on the Earth." Everything we do is in service of this mission.
Governance, Strategy and Climate Risk (optional) *
6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.
*Governance process in place,Person is responsible for climate strategy at board level,Other (please specify)
6.1 Explain
*In 2023 we began work on, and in 2024 we adopted, a Management System for Environmental, Social, and Governance affairs that defines how we manage these aspects of our business and our impacts; it includes a number of policies as well as processes for reporting to our leadership and Board of Directors. Our Chief Sustainability Officer sits on our Board of Directors and has specific reporting responsibilities to the Board as a whole regarding our progress and challenges in forwarding our climate goals. Additionally, the Board of Directors adopts policies, and approves annual scorecards, targets and budgets.
6.1.1 Please describe their position and responsibility.
*The Chief Sustainability Officer leads our efforts to achieve net zero emissions and aims to create implementation strategies that are tuned to the needs of small-footprint, high-ambition companies.
6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?
*Yes
6.1.3 Please describe the governance process in place
*3Degrees’ Board of Directors empowers our CEO to ensure that company leaders have the resources, strategic clarity, and expertise to create and implement business processes, programs, and customer offerings that fulfill our mission and maintain our values. Our Board of Directors is responsible for adopting policies, approving the company’s annual scorecard and budget, and also reviews progress annually toward our ESG goals. The Chief Sustainability Officer works with business leaders to ensure plans, activities and goals support our environmental intent. She also oversees the identification of climate risks and opportunities.
This is to ensure that 3Degrees management team can establish, maintain, and improve business processes, people programs, and customer offerings that fulfill our mission. Additionally, business leaders and employee teams advise on, contribute to, and are responsible for implementing the processes, programs, and offerings that make our commitments tangible.
6.2 Have you started to identify and assess your companies climate risks and opportunities?
*Yes - we have identified both climate risks and opportunities
6.2.1 Where are the climate risks you've identified?
*Both operations and value chains
6.2.2 How are you managing these climate risks? Choose as many as are applicable.
*Other (please specify)
6.2.2 Explain
*See description below
6.2.3 Provide any additional comments or context on your climate risks:
*As a climate services company, we address climate-related risks and opportunities in two ways: a) as part of our work to manage our portfolio of products and services offered; and b) as part of our operational risk management, ensuring we have appropriate business continuity plans in place.
For our product portfolio, an internal team monitors both voluntary and regulatory developments around the world to inform our current business and to identify opportunities where we could expand our offerings in the near-, medium-, and long-term. Also, some of our client work involves developing first-of-a-kind, bespoke initiatives that can create templates for broader work. These efforts ensure that we can provide our full suite of services while remaining on track to achieve our 1.5℃-aligned climate goals.
Our internal team also monitors potential risks to our current product portfolio, for example from unanticipated changes in standards or laws, or from unexpected customer sentiment regarding the universe of climate products and services we offer. Our internal monitoring efforts allow us to be efficient in our strategic business and financial planning to ensure that we can provide value to our customers in line with our mission statement.
Operationally, our workforce is geographically diverse and our operations are not highly concentrated. Still, in 2024 we identified the need to update our business continuity plans and are proceeding with that initiative in 2025.
6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.
*Yes
Yes, 3Degrees’ stated mission is “We make it possible for businesses and their customers to take urgent action on climate change.” Also, we are incorporated as a Benefit Corporation under Delaware law, which requires that we state a public benefit and “manage the company in a manner that balances the pecuniary interests of stockholders, the best interests of those materially affected by the company’s conduct, and the stated public benefit.”
The law requires that we report directly to shareholders regarding our efforts to support our public benefit. The public benefit we seek to promote is: “to have a positive effect on the Earth’s environment and to reduce the negative effects of climate change on the Earth.”
6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?
*Yes
In addition to our core business of providing climate products and services to accelerate action on climate change - which we grow year after year - in 2024 we remained active participants in industry-wide efforts to accelerate progress, and engaged our employees on outside-the-workplace climate topics.
As examples, in 2024, we launched our carbon removal suite which was designed to facilitate corporate engagement with the carbon dioxide removal (CDR) market effectively and affordably. This was done in alignment with the Oxford Principles for Net Zero Aligned Carbon Offsetting and provides a strategic pathway for organizations to incorporate high-durability removals into their carbon procurement strategies. Additionally, 3Degrees developed a tool that allows large companies to engage with their suppliers to source high-quality renewable energy as emission reductions.
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*This is our second year reporting our emissions to the SME Climate Hub. However, we have been calculating and reporting our greenhouse gas emissions since 2008. In 2024, our emissions are slightly higher than reported for 2023 - due largely to a change in calculation methods. We now more accurately capture the extent of our software and cloud services procurement.
7.2 Do you face any key challenges in reducing emissions?
*Reducing scope 3 emissions,Reducing emissions from business travel,Balancing emission reductions with business growth,Other challenges (please specify)
Specify other challenges
*Limited influence over suppliers
7.3 Has there been any third party validation of the data submitted in this report?
*Yes
After more than a dozen years of annually seeking third-party verification of our footprint, we made a policy decision to obtain external verification of our footprint every three years. This cadence was chosen given the nature of our footprint (small, all scope 3, and with a business model and emission factors that do not change very much from year-to-year). Accordingly, we verified our 2021 emission-year footprint as well as our 2024 emission-year footprint, and will do so again in 2027.
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