Lendlease unveiled a new protocol to monitor, measure, and disclose Scope 3 carbon emissions and called on built environment industry leaders to tackle this challenge.
Scope 3 emissions are indirect emissions that occur in an organization’s value chain and often make up the majority of an organization’s carbon footprint. Lendlease says Scope 3 emissions comprise about 90% of its global carbon footprint.
Scope 3 emissions data, embedded in carbon-intensive materials such as steel, cement, aluminum, and glass, are especially challenging to track and measure. They have multiple source points and different levels of transparency, completeness, and assurance. Methods and standards for their calculation are inconsistent, and there is no standardized data exchange for them.
Lendlease is driving to change that with its new protocol that includes a Scope 3 Reporting Assessment Tool with more than 50 possible subcategories.
“We want the protocol to spark conversation and engagement across our sector, to help drive to a consensus on how to account for and report on Scope 3 emissions,” said Cate Harris, group head of sustainability. “If we can achieve this, then we can collaborate as an industry to solve the two big systemic challenges: the decarbonization of harder to abate materials, and the digitization and sharing of Scope 3 emissions data.”
Related Stories
| Aug 11, 2010
Webcor, Hunt Construction lead the way in mixed-use construction, according to BD+C's Giants 300 report
A ranking of the Top 30 Mixed-Use Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
Clark Group, Hensel Phelps among nation's largest federal government contractors, according to BD+C's Giants 300 report
A ranking of the Top 40 Federal Government Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
Report: Fraud levels fall for construction industry, but companies still losing $6.4 million on average
The global construction, engineering and infrastructure industry saw a significant decline in fraud activity with companies losing an average of $6.4 million over the last three years, according to the latest edition of the Kroll Annual Global Fraud Report, released today at the Association of Corporate Counsel’s 2009 Annual Meeting in Boston. This new figure represents less than half of last year’s amount of $14.2 million.
| Aug 11, 2010
Peter Marchetto joins Tishman as president of Construction Operations
Tishman Construction Corporation Chairman, Daniel R. Tishman, today announced that Peter Marchetto joined the company as President of Construction Operations.
| Aug 11, 2010
Whiting-Turner, EMJ Corp. top BD+C's ranking of the nation's 40 largest retail contractors
A ranking of the Top 40 Retail Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
