2024 Scope 3 Report

Current trends, challenges and solutions for Scope 3 reporting

ESG leaders are under pressure, faced with complex Scope 3 reporting regulations. Fortunately, those who implement smart solutions for managing and enhancing their data won’t just meet compliance — they’ll discover opportunities for improvement. Read our 2024 Scope 3 Report to learn how.   ​

Surveyed companies struggle to account for the environmental impacts of their supply chain in their ESG reporting.   

59%
say the quality of external data is one of their biggest Scope 3 challenges. ​

43%
are either unsure of how they quantify emissions or still reliant on spend-based data. 

55%
have difficulty with the availability of lifecycle emissions factors. ​

Preparing for the new wave of Scope 3 regulations? 

Regulations including CSRD and the upcoming SEC climate disclosures are ramping up non-financial reporting requirements and introducing steeper noncompliance consequences. It’s no wonder today’s sustainability leaders are feeling the pressure of ESG compliance. Many are looking for a smarter path to streamlining Scope 3 data collection—one that minimizes the burden on teams and maximizes the accuracy and efficiency of reporting. ​​

Our new report uncovers the emerging challenges of Scope 3 compliance—and how an integrated approach to data collection and sustainability reporting can decrease burnout and accelerate supply chain decarbonization. ​​

Learn how to reduce Scope 3 emissions, while saving time for your other crucial goals. ​

Download the Sphera Scope 3 Report today.