Mercuria CSR Report 2021 - Flipbook - Page 44
Emissions have been reported under Scope 3 for 2019 and 2020, without breaking them out into the
15 specific upstream and downstream Scope 3 categories within the GHG Protocol. Scope 3 will be an
important part of Mercuria’s emissions communications during the energy transition and this led to
the initial stages of calculating and reporting our Scope 3 emissions. Recognising the full 15 categories
of Scope 3, Mercuria wanted to start reporting Scope 3 emissions instead of waiting until we have a full
Scope 3 process implemented.
We recognise there are categories not reported that will likely be material future emission assertions
(such as Category 11 – use of sold products). Our initial focus has been on the Scope 3 associated with
offices and flights as well as the transportation of commodities. We selected the transportation as a
clear Scope 3 emission associated with the transportation of commodities delivered to our customers.
The two significant transportation emission sources in 2020 were natural gas pipeline transportation
and chartered shipping, making up more than 98% of our transportation Scope 3 emissions.
Category 1: Upstream – Purchased goods and services (317 tCO2e)
In 2020 we reported some Scope 3 emissions associated with office consumables for the Mercuria
offices. 2021 continues to report partial Scope 3 Category 1 emissions. This is overall a small emissions
source (well below the materiality threshold we apply for GHG reporting) although we continue to
estimate this and report it as part of our sustainability initiatives within the company.
Paper, water and other office consumables are estimated based on 2020 and 2021 data requests. Where
we have missing data we apply average consumption rates based on other offices.
Category 3: Upstream Fuel and energy related activities – not included in scope 1 or 2 (190 tCO2e)
We calculate emissions associated with offices we lease and do not get directly invoiced for electricity
or gas.
Category 5: Upstream – Waste generated in operations (18 tCO2e)
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