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The GHG Protocol has released its long-awaited proposed updates to the Scope 2 Guidance. In this episode, we highlight the key changes in the exposure draft, including proposed revisions to location-based and market-based reporting, hourly matching, emission factor hierarchies, and more. We also explore what these developments could mean for companies and how stakeholders can participate in the revision process. In this episode, we discuss: · 02:49 – Redefining the purpose for location-based and market-based reporting · 05:33 – The importance of the decision-making criteria · 06:56 – New emission factor hierarchy for location-based reporting · 14:30 – Shift toward hourly matching in the market-based method · 21:53 – Deliverability criteria and implications for renewable energy credits · 26:19 – Residual mix and fossil-only defaults for unclaimed energy · 32:45 – How companies can share feedback and next steps for the Scope 2 guidance Our guest, Colin Powell, is PwC Canada’s Technical Net Zero Leader. His work focuses on GHG quantification, life cycle assessment across many impact categories, GHG target setting, and developing decarbonization strategies. Our host, Heather Horn, is the PwC National Office Sustainability and Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to [email protected] Learn more at www.viewpoint.pwc.com