UK Finance responds to DESNZ’s call for evidence on Scope 3 emissions reporting.

We are pleased to respond to the call for evidence of the UK DESNZ on the benefits, costs, and practicalities of Scope 3 greenhouse gas (GHG) emissions reporting in the UK, including links to the government’s Streamlined Energy and Carbon Reporting (SECR) framework.

  • We support greater Scope 3 emissions reporting, aligned with ISSB requirements
  • Regulators and Government should offer relevant and appropriate support and reliefs to companies while they build their capabilities and as data sources and experience improve
  • The Government should maximise international interoperability and provide the ISSB and Scope 3 implementation timelines
  • Government should make efforts to support SMEs