The Scope 2 Guidance standardizes how corporations measure emissions from purchased or acquired electricity, steam, heat and cooling (called “scope 2 emissions”).

The guidance includes:

• New requirements for accounting for emissions from energy contracts and instruments (such as renewable energy credits) in GHG inventories
• Eight Scope 2 Quality Criteria that all contractual instruments must meet in order to be a reliable data source for the scope 2 market-based method
• Recommendations for transparently disclosing information about energy purchases
• Eleven short case studies to illustrate the benefits of the new requirements