European Financial Reporting Advisory

European Financial Reporting Advisory (EFRA), headquartered in BE, is committed to climate action, aiming to maintain carbon neutrality for its worldwide operations up to at least 2025. This commitment covers both Scope 1 and Scope 2 emissions.

For the reporting year 2020, EFRA reported total Scope 1 emissions of approximately 98,194,000 kg CO2e. Scope 2 emissions, using the market-based method, were approximately 34,952,000 kg CO2e, while the location-based method reported Scope 2 emissions of approximately 107,663,000 kg CO2e. The combined Scope 1 and 2 emissions for 2020 totalled approximately 133,146,000 kg CO2e. EFRA also noted that Scope 3 emissions data were not available for 2020, with missing data points including purchased goods and services, business travel, and employee commute.

In the reporting year 2018, EFRA disclosed comprehensive emissions data. Total emissions (Scope 1, 2, and 3) were approximately 640,000,000 kg CO2e. Scope 1 emissions were around 158,000,000 kg CO2e, and Scope 2 emissions were approximately 193,000,000 kg CO2e, resulting in a combined Scope 1 and 2 total of approximately 360,000,000 kg CO2e. Significant Scope 3 emissions were reported, including approximately 5,979,000,000 kg CO2e from the use of sold products and approximately 3,338,000,000 kg CO2e from purchased goods and services. Other Scope 3 categories such as downstream transportation and distribution, end-of-life treatment of sold products, capital goods, business travel, employee commute, fuel and energy-related activities, and waste generated in operations were also reported.