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Fuel For Thought: Bridging Gaps for Carbon Reporting in the Automotive Industry
Carbon reporting in the automotive industry is becoming increasingly important, as original equipment manufacturers (OEMs) face various regulatory pressures around the world. However, tracking and measuring carbon emissions is not an easy feat.
One of the biggest challenges OEMs face lies in the complexity of reporting Scope 3 emissions — specifically, Scope 3 Category 11, which pertains to the emissions generated during a vehicle's use phase through the end of its life.
This category often accounts for 75-80% of an automaker's total carbon footprint, making accurate reporting not just important, but essential.
Although inconsistencies in geographic scope, vehicle types, and automaker assumptions complicate this task, standardized carbon reporting is an important opportunity for OEMs to remain in regulatory compliance.
Speakers:
Guido Vildozo, Associate Director, Consulting (Moderator), S&P Global Mobility
Qifan Yang, Lead Research Analyst, S&P Global Mobility
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