SCOPE 3 GREENHOUSE GAS EMISSIONS ACCOUNTING AND REPORTING FRAMEWORK FOR AN AIRLINE COMPANY

This research focuses on Scope 3 greenhouse gas emissions in the context of an airline company. In light of sustainability, organizations are increasingly looking to understand their impact on climate change across their operations, products, and value chain. Greenhouse gas (GHG) emission accounting and reporting provide the necessary baseline data to implement effective sustainability and cost reduction strategies. Scope 3 emissions, as defined by the GHG Protocol, result from the use of assets not owned or controlled by the reporting entity but indirectly influence its value chain. For airlines, these emissions include GHGs associated with all purchased raw materials and emissions from the use of equipment during its useful life. This research aims to design an accounting and reporting framework to begin assessing Scope 3 emissions for the national Latvian airline company, Air Baltic Corporation AS. This framework serves as a methodological basis and practical guide, enabling the company to align its strategy with sustainable development goals and quantify the potential impact of Scope 3 emissions across its value chain.