Total carbon emissions - market based (tonne CO2e/yr) - Vehicle Level
Definition:
Total market-based Scope 1, 2, 3 emissions covering both estimated and actual data. Total carbon emissions cover both operational activities and embodied carbon of the portfolio of the vehicle. Market-based method quantifies Scope 2 GHG emissions based on GHG emissions emitted by the generators from which the reporting entity contractually purchases electricity bundled with instruments, or unbundled instruments on their own (Ref: GHG Protocol, “Scope 2 Guidance”, Glossary, 2015).
Additional Guidance:
This indicator aggregates all relevant operational and embodied carbon emissions to provide a complete portfolio-level footprint under the market-based approach.
Includes:
• Operational emissions: Total operational carbon - market based (ESG3.3.10), including both actual and estimated Scope 1, Scope 2 market-based and Scope 3 emissions.
• Embodied emissions: As defined in ESG4.3.
• This indicator is one of the six environmental factors considered most relevant for underwriting (see INREV (2025) Integrating environmental considerations in real estate underwriting paper).
Note 1: If data coverage is partial or any scope is excluded, explain the reason and its potential impact on results.
Note 2: This metric supports full carbon footprint reporting for alignment with net zero targets, regulatory compliance (eg CSRD/ESRS), and transition risk analysis. Under the market-based method, it additionally provides transparency on the role of renewable energy procurement and contractual instruments in decarbonisation strategies.
| Data Type | Double |
|---|---|
| Values | ≥ 0 |
| Example | 76,345.00 |
| Reference Field | Asset data - Sum of RAL3.3 (Total carbon emissions - market based (tonne CO2e/yr)) |
| INREV Guideline ID | ENV43 |
| INREV Index reference | - |
| External reference | - |
| GDD reference | - |