SUSTAINABILITY | STRATEGIES
What we have now is a real opportunity for knowledge exchange
William Theisen CEO of EcoAct North America
SUSTAINABILITY | STRATE commission should not be getting involved in climate change discussions .
What ’ s certain is that this is an issue on which the public have a lot to say , as proven by the 15,000 or so comment letters which have already been submitted to the SEC .
Scope 3 : Looking up and down the value chain Scope 3 covers the greenhouse gas emissions ( GHG ) from both upstream and downstream activities in a company ’ s value chain .
The thinking behind this , from the SEC ’ s perspective , is that scope 3 reporting would provide investors with useful information to assess a registrant ’ s exposure to climaterelated risks and , perhaps more pertinently , the transition risks .
Someone with plenty of professional interest in the proposals is William Theisen , who has a dual role as Head of Net Zero Transformation at Atos and CEO of its subsidiary climate consultancy , EcoAct , in North America .
He admits there is some way to go in terms of formulating a consistent method of measuring scope 3 emissions .
“ Scope 3 is a little bit trickier than the other reporting requirements and I understand the concerns , but it ’ s also a
66 September 2023