GHGemissionsreportingHandbookGreenhouseGasProtocolMarch2023______visit.kpmg.us/ESGreporting©2023KPMGLLP,aDelawarelimitedliabilitypartnershipandamemberfirmoftheKPMGglobalorganizationofindependentmemberfirmsaffiliatedwithKPMGInternationalLimited,aprivateEnglishcompanylimitedbyguarantee.Allrightsreserved.ContentsForeword...............................................................................................................1Aboutthispublication............................................................................................21.Executivesummary........................................................................................52.Foundationalconcepts.................................................................................103.Organizationalboundary..............................................................................254.Operationalboundary...................................................................................345.Emissionscalculations.................................................................................456.Scope1emissions.......................................................................................527.Scope2emissions.......................................................................................578.Scope3emissions.......................................................................................729.Trackingemissionsandsettingtargets......................................................10610.Offsetcredits..............................................................................................11811.Reporting....................................................................................................136AppendicesA.Disclosures..........................................................................................143B.ExampleGHGemissionsstatement....................................................151C.KPMGcommentlettertotheGHGProtocol........................................159IndexofQ&As............................................................................................162Indexofexamples......................................................................................167KPMGresources...............................................................................................169Acknowledgments.............................................................................................171GHGemissionsreporting1Foreword©2023KPMGLLP,aDelawarelimitedliabilitypartnershipandamemberfirmoftheKPMGglobalorganizationofindependentmemberfirmsaffiliatedwithKPMGInternationalLimited,aprivateEnglishcompanylimitedbyguarantee.Allrightsreserved.GHG101:ThefundamentalsTheworldoffinanceisexpanding.Beyondnumbersandintonature.Weincreasinglyfindfamiliarconcepts–accounting,reporting–withunfamiliarelements–greenhousegases,renewableenergy.Thismergingofworldshasmadeonethingclear:natureisn’tjustforthescientistsanymore;financeprofessionalsarelivinginthisecosystemtoo.Climate-relateddisclosurerequirementsarebeingfinalizedbytheInternationalSustainabilityStandardsBoard,theEuropeanFinancialReportingAdvisoryGroupandtheSEC.Theserequirementsarelikelytoshapetheglobalclimatereportinglandscape.Andalthoughdifferentinanumberofways,theseforthcomingrequirementsshareacommonanchor:greenhousegasemissions.Morecompaniesthan...