Opinion

Infographic | Scope for improvement

Addressing scope 3 emissions in oil and gas

1 minute read

Linda Htein

Head of Emissions Research

Linda leads our global emissions research across an array of sectors in the energy and natural resources industries.

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Emerging regulations and mandatory reporting requirements are pushing the oil and gas industry to address the long-overlooked challenge of Scope 3 emissions. These emissions—generated across a company’s entire value chain—constitute the largest portion of its greenhouse gas (GHG) footprint.

Yet, few companies have set net-zero targets for Scope 3, and some have even withdrawn medium-term goals, citing delays in the energy transition. Currently, strong fossil fuel demand and limited reporting mandates provide little incentive to act.

However, this dynamic is shifting. Regulatory reviews, climate litigation, and growing demands for transition plans are building momentum for mandatory Scope 3 disclosures. Ignoring these emissions is short-sighted.

Companies must begin measuring their Scope 3 footprint, preparing for new mandates, and planning for a low-carbon future.

 
Download your copy of  'Scope for improvement'

Fill out the form at the top of the page to download the infographic, which covers:

  • A breakdown of Scope 1, 2, and 3 emissions
  • Regions advancing mandatory Scope 3 reporting
  • Emerging drivers of action and practical next steps