As we continue developing our all-electric fleet at Hight Electric, shippers across America can benefit from a critical advantage when choosing us for their drayage work: We not only help you reduce your carbon footprint, but also make it easy to document it — a vital need as federal regulations tighten.
Beginning in January 2025, the Securities and Exchange Commission (SEC) will require publicly traded companies to report Scope 3 emissions, which are defined by the Environmental Protection Agency’s web site as follows:
Scope 3 emissions are the result of activities from assets not owned or controlled by the reporting organization, but that the organization indirectly affects in its value chain. Scope 3 emissions include all sources not within an organization’s scope 1 and 2 boundary. The scope 3 emissions for one organization are the scope 1 and 2 emissions of another organization. Scope 3 emissions, also referred to as value chain emissions, often represent the majority of an organization’s total greenhouse gas (GHG) emissions.
The GHG Protocol defines 15 categories of scope 3 emissions, though not every category will be relevant to all organizations. Scope 3 emission sources include emissions both upstream and downstream of the organization’s activities.
Tracking down this information is not easy, because it is from sources outside your company. But at Hight Electric, we make compliance straightforward. We utilize the EPA calculator to track emissions data from our EV fleet, and we provide comprehensive, easy-to-understand reports that you can seamlessly incorporate into your own emissions reporting. And because we use all-electric vehicles, those emissions are remarkably low.
Our commitment to reducing emissions while providing detailed documentation supports both your sustainability goals and regulatory needs. As we approach 2025, let Hight Electric simplify your compliance with Scope 3 reporting. Choose an eco-friendly, compliant option for your drayage needs — choose Hight Electric.
