Measuring carbon emissions in the built world through Insurance Claims 👣 Helping Organizations Decarbonize 🐼 Building software
What is the impact of GHG Protocol's latest Scope 3 guidance on the Insurance Industry? 🌍📉 I got an email from GHG Protocol today with FAQs on Scope boundaries which are highly relevant to the #insurance industry disclosures. Scope 3 emissions go beyond investment portfolios and underwriting to include operational and supply chain emissions an PCAF mandated financial ratios (premiums/customer revenue). For the insurance industry, this means tracking emissions from: ✅ Waste generated in operations – How much claim-related material is sent to landfill vs. diverted for reuse/recycling? ✅ Replacement material embodied carbon (including their transportation & distribution) ✅ Business travel of supply chain partners – Emissions tied to contractors, adjusters, and other field-based vendors. ✅ Employee commuting (but not telecommuting) 🔍 Why does this matter? Insurers are under growing regulatory pressure (EU CSRD, SEC Climate Rules, ISSB) to disclose and act on Scope 3 emissions. This update provides greater clarity but also raises the bar for accountability—especially in claims-related emissions that have often been overlooked. At EcoClaim, we help insurers move beyond benchmarks and ratios to collect this type of real, per-claim emissions data. Our Trax software enables insurers to measure and reduce actual Scope 3 emissions—not just estimate them. I'm happy to talk to any #Insurers who want to get ahead on Scope 3 emissions strategies. Those who lead in sustainability today will be ready for inevitable regulatory compliance tomorrow. It’s time to transform claims into climate action! #GHGProtocol #Scope3 #Insurance #Sustainability #ESG #CarbonAccounting #EcoClaim Jodi Scarlett Ross Huartt MRICS, PQS, GSC Meaghan Ralston Meta Carbon https://lnkd.in/eyVvuBrv
