Press Release | Find My Factory is now Speya™

Press Release | Find My Factory is now Speya™

Sustainability & ESG

Scope 3 Emissions

Scope 3 emissions are indirect greenhouse gas emissions that occur throughout a company’s value chain, both upstream and downstream. In manufacturing, this includes emissions from supplier production processes, raw material extraction, transportation, product use, and end-of-life disposal.

Scope 3 typically accounts for 70-90% of a company’s total carbon footprint. Measuring and reducing Scope 3 emissions is increasingly required by regulations like the EU’s CSRD and voluntary frameworks like the Science Based Targets initiative. When sourcing through Speya (formerly Find My Factory), understanding a manufacturer’s carbon footprint data helps companies meet their Scope 3 reporting obligations.

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