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Where will GHGScope 1 and 2 be reported in my 10-K? What ICFR risks are further introduced with the additional footnote requirement and auditor attestation of climate-related information? And other questions about the proposal’s far-reaching impacts.
The Association of Directors of Environment, Economy, Planning & Transport (ADEPT) and the Future Highways Research Group (FHRG), led by Proving Services, have launched a seemingly comprehensive guidance document for Scope 1 and 2 greenhouse gas (GHG) emissions. To find out more about the FHRG, please visit: www.adeptnet.org.uk/FHRG.
Out of our global scope 1 and scope 2 market-based emissions, our U.S. GHGscope 1 and scope 2 market-based emissions decreased by 13.9% from 2022 to 2023, and our global scope 1 and scope 2 market-based GHG emissions decreased by 14.6% emissions represent nearly 76%. and globally in 2023.
The US, UK and EU regulations are rooted in two main reporting frameworks: Task Force on Climate-Related Financial Disclosures (TCFD) Greenhouse gas (GHG) protocol The reliance ESG regulations have on the TCFD and GHG protocol (and not other reporting frameworks) demonstrates clear acceptance of the two frameworks today and for the future.
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