More companies are required to report their carbon footprint to investors, regulators, and customers. Leased assets are treated differently from owned ones under international carbon accounting standards. This means leasing can potentially lower your company’s reported emissions, without changing operations.
Leasing from TIP can significantly reduce the reported carbon emissions. When you lease, you typically only need to report Scope 1 operational emissions (such as fuel consumption), while Scope 3 emissions, manufacturing and disposal of vehicles, remain off your books.
This approach allows companies to ease their carbon accounting without changing daily operations, making it a potential game-changer for sustainability reporting.
Achieving carbon-neutral operations by 2030 and carbon neutrality in scope 3 by 2050
Leased assets are treated differently from owned ones under international carbon accounting standards. This means leasing can potentially lower your company’s reported emissions, without changing operations.