GHG Emissions

Untangling the Supply Chain: A Deep Dive into Scope 3, Category 2 Emissions

Scope 3, Category 2 emissions—those tied to purchased capital goods—are often a hidden but major part of a company’s carbon footprint. This guide breaks down what they are, why they matter, how to measure them, and how tools like StepChange can help you act on them strategically.

Financed Emissions

How Data Quality Works Under PCAF: The Foundation of Credible Financed Emissions Reporting

The Partnership for Carbon Accounting Financials (PCAF) standard is revolutionizing how financial institutions measure and disclose financed emissions. This blog explains the importance of data quality in emissions reporting, breaks down the five-tier PCAF data quality score with real-world examples, and highlights StepChange’s pioneering role as the first PCAF-accredited organization in the Global South, empowering sustainable finance and net zero progress.

Financed Emissions

Why Data Quality Is Non-Negotiable for Accurate Financed Emissions Calculation

Why Data Quality Is Non-Negotiable for Accurate Financed Emissions Calculation

Industry Updates

India’s Draft Climate Finance Taxonomy: The Missing Link in the Green Transition

India’s draft Climate Finance Taxonomy is a key step toward mobilizing capital for its net-zero and climate goals. By defining what qualifies as green or transition-supportive, it brings clarity, reduces greenwashing, and boosts investor confidence. As India aims for a “Viksit Bharat” by 2047, this framework could align finance with climate action and unlock critical investments.

Financed Emissions

The Impact of Financed Emissions on Capital Allocation and Lending Strategies in the Indian BFSI Sector

Financed emissions—the greenhouse gases linked to loans and investments—are now a crucial metric for banks and financial institutions. As regulators mandate disclosure and climate risks reshape markets, managing financed emissions is essential for compliance, risk management, and unlocking sustainable finance opportunities. Indian regulators like RBI and SEBI are driving this shift, pushing institutions to adopt robust carbon accounting and align portfolios with net-zero goals.

Climate Risk

“Our Power, Our Planet”: The Role of BFSI in Achieving Global Renewable Energy Targets

The BFSI sector is crucial in driving India’s renewable energy transition, providing vital capital, risk management, and innovation. With 45% of India’s power capacity from renewables and ambitious climate goals, banks, investors, and insurers must scale green financing, develop tailored products, and promote ESG stewardship to unlock trillions in investments, ensuring energy security, economic growth, and a sustainable future.

Industry Updates

Driving Sustainable Transformation: How StepChange’s ESG Accelerator Empowers the Indian Chemical Industry to Achieve BRSR Compliance and Net-Zero Goals

StepChange’s ESG Accelerator helps India's chemical industry with ESG compliance and supply chain sustainability while achieving BRSR goals.

GHG EMissions

Understanding Scope 3 Category 14 Emissions: Franchises and Their Carbon Footprint

Explore Scope 3 Category 14 emissions in F&B, Hospitality, and Retail franchises, with strategies to measure & reduce their carbon footprint

GHG Emissions

Understanding Scope 3, Category 13 Emissions: Downstream Leased Assets

Scope 3 Category 13 emissions stem from assets a company owns but leases out—like buildings or vehicles. Though indirect, they’re critical for accurate carbon reporting. Addressing these emissions through green leasing, energy efficiency, or cleaner fleets helps companies enhance sustainability, meet regulatory demands, and strengthen stakeholder trust.

The BRSR Barometer

BRSR Barometer 2023 Series: Decarbonizing the Chemicals Industry.

Climate Risk

The Imperative for Corporates to Measure, Mitigate, and Adapt to Climate Risk in India

Climate risk management, assessments, resilience, and sustainability are crucial. Capital flow and green finance enable adaptation.

Industry Updates

Bridging the ESG Data Gap: The Practical Approach to Carbon & Energy Accounting Proxy Methodology (CEPA)

CEPA Methodology - learn how CEPA drives sustainability and standardized reporting.

Reporting Framework

Carbon & Energy Proxy Accounting (CEPA) Methodology Explained: Carbon Accounting for BRSR Reporting

SEBI endorses the CAP method for BRSR, simplifying emissions estimation using financial data. StepChange's ESG Accelerator streamlines this.

GHG Emissions

Understanding Scope 3 Category 12 Emissions: Strategies for Reducing Environmental Impact in the Electronics Industry

Scope 3 Category 12 emissions: End-of-life product disposal. The electro industry faces challenges with landfilling, incineration, and recycling processes

ESG

Driving Sustainable Transformation: How StepChange's ESG Accelerator Empowers the Automotive Industry

Enhance your sustainability with StepChange's ESG Accelerator—optimize operations, streamline reporting, and boost ESG performance!

GHG Emissions

How to Manage Scope 3 Category 11 Emissions for Sustainability Reporting

Explore Scope 3 Category 11 emissions: Direct & indirect impacts, key industries affected, and strategies for reduction

The BRSR Framework

BRSR Barometer 2023 Series: Decarbonizing the Automotive Industry

Streamline ESG reporting & boost sustainability in the automotive industry with StepChange's ESG Accelerator.

ESG

Demystifying ESG Metrics: Deep-Dive Into Governance Metrics

Enhance your governance practices with StepChange's ESG Accelerator! Focus on board diversity, remuneration policies, and risk management.

ESG

ESG KPIs: Demystifying Social Metrics: What Gets Measured and Why

As ESG expectations rise, social factors like employee well-being, inclusion, and ethical labor are in the spotlight. This piece explores how companies can measure and improve their social impact—backed by real examples and digital tools like StepChange.

GHG Emissions

Understanding Scope 3 Category 10 Emissions: A Comprehensive Guide

Scope 3 Category 10 emissions arise when intermediate products sold by a company undergo further processing by third parties. This article explores their impact in industries like chemicals, metals, and textiles, and how StepChange’s ESG Accelerator helps streamline data collection and reporting across value chains.

Industry Updates

5 Critical Issues to Watch at COP29: Climate Finance, Fossil Fuel Dependency, and More

COP29 in Baku is expected to be a pivotal climate summit focusing on strengthening national climate pledges, unlocking climate finance, operationalizing the Loss and Damage Fund, phasing out fossil fuels, and ensuring civil society engagement. The outcomes may shape global climate action for years ahead.

GHG Emissions

Understanding Scope 3 Category 9 Emissions: Downstream Transportation and Distribution

These emissions are a significant challenge for many industries and using tools like StepChange, can be effectively calculated and reduced.

Industry Updates

COP29: Beyond Rhetoric to Reality

COP29: A pivotal moment for our planet's future. Azerbaijan must lead the way in delivering on climate promises.

Webinar

Actionable Steps to Enhance Your ESG Ratings: Insights from StepChange's Webinar on ESG Ratings

As ESG ratings become central to investor decisions, many companies remain confused by inconsistent methodologies and overwhelming metrics. This blog breaks down common myths, challenges, and offers an actionable roadmap—highlighting insights from StepChange and Sattva Consulting—to genuinely improve ESG performance over time.

Industry Updates

India's Geographic Vulnerability to Climate Change

India’s geography makes it one of the most disaster-prone countries in the world. Marking World Environmental Health Day 2024, this article explores how recent disasters—from Cyclone Fani to the Wayanad landslides—underscore the urgent need for resilience and risk reduction.

Industry Updates

BioE3 Policy: Transforming India's Biotechnology Landscape for Sustainable Growth

India’s BioE3 Policy aims to revolutionize biotechnology by aligning economic growth, environmental sustainability, and employment generation. By focusing on bio-manufacturing, climate-smart agriculture, smart proteins, and space biotech, it sets the stage for a regenerative, innovation-driven bioeconomy.

Industry Updates

Building a Climate Resilient India: A Call For Action

India’s varied geography—from the Himalayas to the coasts—makes it highly vulnerable to climate change. This article outlines five key priorities, including resilient infrastructure and early warning systems, that can help build a more climate-resilient India.

Industry Updates

The Ozone Layer Dilemma: Solved Puzzle or A Work in Progress?

The ozone layer is recovering, but challenges remain. International cooperation and scientific innovation are key to protecting our planet.

GHG Emissions

Leased Assets, Leaky Emissions: Tackling Scope 3 Category 8

Understanding & reducing Scope 3 Category 8 emissions is crucial for sustainable business practices.

About StepChange

PCAF Announces StepChange as First Regional Partner to Support the Indian Financial Market

PCAF partners with StepChange to support financial institutions in the Global South to measure and report their carbon emissions.

About StepChange

StepChange Becomes India’s First to Achieve Both the GRI and IFRS Foundation Accreditations, Reinforcing Leadership in Sustainable Reporting

StepChange becomes among the first in India to achieve both GRI and IFRS accreditations, solidifying its leadership in sustainability.

GHG Emissions

Scope 3, Category 7 Emissions: Tackling Employee Commuting Emissions

Scope 3, Category 7 emissions: Reduce your company's carbon footprint by optimizing employee commuting habits.

ESG

Does ESG Performance Impact The Enterprise's Bottom Line?

With tightening regulations and increasing investor pressure, ESG performance is no longer optional—it’s a financial imperative. Studies globally and in India show that strong ESG practices are positively linked to firm profitability, resilience, and long-term value creation.

Reporting Framework

Unlocking Nature-Positive Business: Mapping TNFD to ESRS for Seamless Sustainability Reporting

As global ESG standards converge, frameworks like TNFD and ESRS are aligning to reduce compliance complexity. The TNFD, building on TCFD’s four-pillar structure, promotes interoperability and forward-looking disclosure practices—positioning early adopters, especially in India, for long-term regulatory readiness.

Industry Updates

Union Budget 2024, India Inc: Resilient, Sustainable, Empowered?

India's green push gains momentum with renewables, nuclear power, & carbon market. Challenges remain in wind energy, mineral supply, AgriDPI

GHG Emissions

Keeping Track of Trips: Understanding Scope 3, Category 6 Business Travel Emissions

Scope 3, Category 6 emissions—those from business travel—can significantly impact a company’s carbon footprint. By accurately measuring and managing these emissions, businesses can enhance ESG reporting, reduce environmental impact, and make smarter travel decisions. StepChange simplifies this journey through automation and insights.

About StepChange

Sustainability Woven into the Fabric of StepChange's New Office

StepChange’s new office is more than just a workspace—it’s a model for sustainable design. From high-efficiency ACs and natural ventilation to upcycled furniture and eco-friendly materials, every choice reflects our commitment to climate-conscious living and responsible business practices.

Industry Updates

India's Journey Towards Energy Independence: Transitioning to a Sustainable Future

India emerges as an advanced energy superpower, renewable energy growth and ambitious targets!

Reporting Framework

CBAM: A Guide to Understanding EU's Carbon Border Adjustment Mechanism

The EU's CBAM is shaking up global trade. Learn how this new policy affects your business and how to navigate it for success.

Reporting Framework

EU Corporate Sustainability Due Diligence Directive (CSDDD): A Comprehensive Guide

EU's new CSDDD law forces big companies to check their supply chains for human rights & environmental risks. Get ready now!

Reporting Framework

Everything You Need To Know The Taskforce on Nature-related Financial Disclosures (TNFD)

TNFD: Taskforce on Nature-related Financial Disclosures. Understand nature-related risks & opportunities for your business. Learn about it!

GHG Emissions

Understanding Scope 3, Category 5: Waste Generated in Operations Emissions

Reduce your environmental impact! Understand & manage Scope 3 Category 5 emissions (waste from operations). #sustainability #ESG

GHG Emissions

Scope 3 Category 4: A Guide to Reducing Upstream Transportation & Distribution Emissions

Scope 3 Category 4 emissions—upstream transportation and distribution—often hide deep within supply chains. This guide helps businesses understand, measure, and reduce these emissions, turning logistics into a lever for sustainability and cost-efficiency.

Reporting Framework

RBI Mandates Climate Risk Disclosures for Banks: 4 Pillars for a Sustainable Financial Future

The RBI’s draft climate disclosure framework marks a pivotal step in aligning India’s financial sector with climate resilience. Centered on governance, strategy, risk, and metrics, the guidelines push BFSI institutions to enhance transparency, manage risks, and unlock long-term sustainable growth.

Reporting Framework

Capital Flows, Climate Change, and the Path Forward: RBI's Proposed Guidelines for Climate-Related Financial Disclosures

RBI's draft guidelines on climate disclosures empower Indian financial institutions to navigate climate risks & unlock green opportunities.

Corporate Sustainability

Greening the Bottom Line: Key Trends in Sustainability and Climate Reporting in India

India’s ESG landscape is undergoing a transformation, with frameworks like BRSR and RBI’s new climate disclosures driving transparency and resilience. This blog explores the role of technology, assurance, and forward-looking practices that turn compliance into strategic opportunity.

Corporate Sustainability

Why ESG Software is Essential for Indian Enterprises in FY 2024-25: Streamlining Sustainability Reporting

With India’s ESG regulations tightening in FY 2024–25, especially under SEBI’s BRSR framework, enterprises must shift from manual processes to digital ESG software. This blog explores how automation enhances compliance, improves transparency, and drives strategic value beyond reporting.

GHG Emissions

Unveiling Scope 3, Category 3 Emissions: Your Path to Sustainable Success

Scope 3, Category 3 emissions—often hidden yet significant—stem from upstream fuel and energy activities not captured in Scopes 1 or 2. This blog unpacks their impact, how to measure them, and why addressing them is key to future-proofing your sustainability strategy.

Industry Updates

How to Navigate BRSR Reporting Requirements for Corporates in India

India’s Business Responsibility and Sustainability Report (BRSR) marks a significant shift in corporate ESG disclosures. This deep dive explores its evolution, nine core principles, and how businesses can navigate reporting requirements to unlock value, mitigate risk, and drive sustainable growth.

Financed Emissions

Measuring Financed Emissions: A Key Step Toward Achieving Net Zero Goals

Financed emissions—those enabled through loans and investments—are a growing focus in climate accountability. This blog explores why they matter, how to measure them effectively using global standards, and how StepChange helps financial institutions lead in sustainability.

Financed Emissions

Exploring the Role of Financed Emissions in Climate Action

Financial institutions, once seen as passive players in the climate crisis, are now central to the decarbonisation agenda through the measurement of financed emissions. StepChange helps simplify this complex process with PCAF-aligned, science-driven tools tailored to India’s financial landscape.

Corporate Sustainability

Navigating The Climate Challenge: A Comprehensive Guide to SBTi and Net Zero Target Setting

The Science-Based Targets initiative (SBTi) helps businesses set climate targets grounded in science, ensuring alignment with global temperature goals. This guide explores how SBTi and Net-Zero frameworks can empower companies to decarbonize and future-proof operations with StepChange’s support.

Financed Emissions

Financed Emissions Explained: A Comprehensive Guide for Financial Institutions

Financed emissions—those linked to loans and investments—are the financial sector’s largest climate blind spot. This deep dive explains their importance, calculation challenges, regulatory momentum in India, and how StepChange equips institutions to measure, report, and reduce them effectively.

Financed Emissions

PCAF: Reporting Standard Beginner's Guide

PCAF is transforming how financial institutions account for their climate impact by standardizing financed emissions reporting. This piece explores the framework, its growing relevance, and how StepChange helps Indian institutions align with global standards and lead the transition to a low-carbon economy.

ESG

Navigating the Green Wave: A Guide to ESG Reporting in India

ESG reporting in India is evolving rapidly with frameworks like BRSR, GRI, and TCFD leading the way. This blog decodes the key standards, their benefits for Indian businesses, and how platforms like StepChange are simplifying ESG compliance and driving sustainability-led growth.

GHG Emissions

Demystifying the Maze: A Breakdown of Scope 3, Category 1 Emissions

Scope 3, Category 1 emissions—those tied to the goods and services a company purchases—are often the largest and most overlooked part of a business’s carbon footprint. This guide dives deep into how to measure, analyze, and reduce these upstream emissions, with real-world strategies and tools to tame the hidden giant.

ESG

ESG 101: A Beginner's Primer on Environmental, Social, and Governance

ESG has become a crucial framework for responsible business. This piece unpacks the core pillars of ESG, explores India’s evolving regulatory landscape, and highlights why integrating ESG is key to long-term business success.

ESG

How to Effectively Measure and Report the ESG Impact Of Your Business

Understanding and reporting Scope 3 emissions is critical for organizations seeking to reduce their total carbon footprint. This guide explores key frameworks like GHG Protocol, CDP, GRI, TCFD, and BRSR, helping you navigate reporting challenges and adopt best practices for climate disclosure.

GHG Emissions

Breaking Down Scope 1, 2, and 3 Emissions: A Guide for Better Understanding

Understanding Scope 1, 2, and 3 emissions is key to managing your organization’s carbon footprint. This guide demystifies the GHG Protocol’s emissions framework and shows how StepChange’s ESG platform streamlines data collection, calculation, and compliance. Ask ChatGPT

GHG Emissions

GHG Emissions: A Comprehensive Overview

Track GHG emissions with StepChange's ESG and Sustainability Software for informed decision making & establishing sustainability strategies.

GHG Emissions

Understanding the Role of Scope 3 Emissions in Achieving a Sustainable Future

Scope 3 emissions—those outside a company’s direct control—often make up the largest share of a business’s carbon footprint. This guide outlines the 15 categories, reporting frameworks, and tools like StepChange that help companies measure and manage their value chain emissions effectively. Ask ChatGPT

Corporate Sustainability

Unveiling India's Vulnerability To Climate Change

Climate change is no longer a distant threat — it's a lived reality for millions. This article unpacks the science behind our warming planet and explores why India must urgently prepare for intensifying climate shocks, from extreme heat to rising seas.

Climate Risk

Balancing India's Growth with Sustainability

Find out how India is pioneering decarbonization while fostering economic growth.

Climate Risk

Exploring Climate Risks, Sustainability, and Clean-Tech in India

Delve into the risks and opportunities around climate change, sustainability and clean tech in India.

ESG

The Social Dimensions of Climate Action: Equity, Justice and Inclusion

Can integrating inclusion, justice, and equity revolutionize climate action?

Climate Risk

Why Insurance Companies In India Need To Start Thinking About Climate Risk

Find out how insurers can tackle climate change challenges.

Financed Emissions

Tackling 'Financed Emissions' As The Gateway To A Greener Economy

Find out how mitigating financed emissions can drive the transition towards a green economy.

Industry Updates

IPL, An Opportunity To Bat For Climate Action

How can IPL shape attitudes towards climate change & sustainability?

Financed Emissions

The Critical Role of Financed Emissions in India's Path to Net-Zero

Learn how tackling financed emissions is crucial to achieving NetZero.

Industry Updates

How The Union Budget Can Help India Mitigate The Climate Crisis

Can India's new Union budget act as a catalyst in our fight against climate change?

Industry Updates

What is COP? And Why Should Companies Care?

Find out how COP facilitates collective stakeholder action to tackle climate change.

Industry Updates

India's Updated Climate Pledge and What It means For Indian Corporations

Find out the implications of this pledge on the Indian corporate sustainability ecosystem.

Corporate Sustainability

A Short Guide to Carbon Removal and Offsets

Learn how carbon offsets can help you achieve your NetZero targets.

Corporate Sustainability

A Short Primer on Corporate Sustainability

Read on to find out why corporate sustainability should be a core priority for any organisation.

Corporate Sustainability

Carbon Accounting: The First Step On Your Way To NetZero

How carbon accounting helps companies meet their sustainability goals.

ESG

ESG Ratings: The What, the Why and the How

What is ESG, and why does it matter for businesses?

Industry Updates

What To Make of the Energy Conservation Amendment Bill 2022?

Are we doing enough to facilitate India’s commitments to climate change?

Climate Risk

What To Make of the RBI Survey on Climate Risk and Sustainable Finance?

Sustainability cannot succeed without the financial sector. Here's why.

Corporate Sustainability

Life Cycle Assessments: A Powerful Component In Your Sustainability Toolkit

Learn how LCAs can help you transition towards sustainability.

Reporting Framework

India’s 2025 Climate Finance Taxonomy: What Investors and Policymakers Need to Know

India’s Draft Climate Finance Taxonomy 2025 sets clear, science-based criteria to define green and transition activities across key sectors. Designed as a dynamic, “living framework,” it aims to boost climate finance, prevent greenwashing, and align investments with India’s climate and development goals.

Climate Risk

Integrating Climate Risk into Credit Risk Management

Integrating Climate Risk into Credit Risk Management: Key Strategies and Regulatory Insights for MENA Financial Institutions

Climate Risk

Integrating Climate Risk into Credit Risk Management

Integrating Climate Risk into Credit Risk Management: Key Strategies and Regulatory Insights for MENA Financial Institutions

Climate Risk

Integrating Climate Risk into Credit Risk Management

Integrating Climate Risk into Credit Risk Management: Key Strategies and Regulatory Insights for MENA Financial Institutions

Climate Risk

Integrating Climate Risk into Credit Risk Management

Integrating Climate Risk into Credit Risk Management: Key Strategies and Regulatory Insights for MENA Financial Institutions

Climate Risk

Integrating Climate Risk into Credit Risk Management

Integrating Climate Risk into Credit Risk Management: Key Strategies and Regulatory Insights for MENA Financial Institutions

Climate Risk

Integrating Climate Risk into Credit Risk Management

Integrating Climate Risk into Credit Risk Management: Key Strategies and Regulatory Insights for MENA Financial Institutions

Financed emissions

Financed Emissions: How Financial Institutions Can Lead the Net Zero Transitio

Integrating Climate Risk into Credit Risk Management: Key Strategies and Regulatory Insights for MENA Financial Institutions

Financed emissions

Financed Emissions: How Financial Institutions Can Lead the Net Zero Transition

Integrating Climate Risk into Credit Risk Management: Key Strategies and Regulatory Insights for MENA Financial Institutions

Financed emissions

Financed Emissions: How Financial Institutions Can Lead the Net Zero Transition

Integrating Climate Risk into Credit Risk Management: Key Strategies and Regulatory Insights for MENA Financial Institutions

Financed emissions

Financed Emissions: How Financial Institutions Can Lead the Net Zero Transition 2

Integrating Climate Risk into Credit Risk Management: Key Strategies and Regulatory Insights for MENA Financial Institutions

Corporate Sustainability

UAE Climate Decree 2025: What Businesses Must Know and How StepChange Ensures Compliance

Integrating Climate Risk into Credit Risk Management: Key Strategies and Regulatory Insights for MENA Financial Institutions