A new March 2022 SEC rule requires mid-to-large publicly-traded financial institutions to calculate and report emissions of all residential mortgagors and commercial real estate loan customers as early as the 2024 calendar year with reports due in 2025. These emissions can easily account for more than 95 percent of total emissions for financial firms. This huge new reporting requirement opens the door to independent auditing and challenging of the reported results, so financial firms need to take this new rule seriously and to conscientiously conduct required analysis and reporting to avoid challenges to corporate CSR commitments. Read more on reporting requirements. Also see Avoiding Scope 3 Financed Emissions Data Development Pitfalls

Quick Takeaway: Easiest Scope 3 Financed Emissions Data Development. Send us a list of your mortgagors and commercial real estate customer loans with ZIP code, and other loan information and we will send you a database of detailed GHG financed emissions for each ZIP and for the entire financial institution. Also included is an emissions intensity statistic that adjusts for changes in customer population characteristics with an indexing methodology used by the US Department of Commerce. Click here for details and other data development options

Benefits of MAISY Financed Emissions Accouting Data and Services

ACCURACY Provide the most accurate Scope 3 financed emissions accounting available with MAISY Emissions Accounting Data Products and Support Services. MAISY ZIP-Level Residential and Commercial Utility Customer Energy Use Databases and analysis draw on 25 Years of experience quantifying utility customer electricity, natural gas and fuel oil use and emissions.    read more	TIME & COST SAVINGS With more than 25 years providing clients with the same kind of data and analysis required by Scope 3 emissions reporting, we can provide results more quickly, at significantly lower cost and with results that are more accurate with a more reliable methodology compared to new in-house efforts or any other outside source.   read more	AUDITABLE Financial reporting requires auditable and transparent methodologies available with MAISY Scope 3 data and analysis. Databases are developed with US Energy and Commerce Department Data, utility reported data, and other public sources with statistical analysis procedures developed over decades of applications to a variety of “real-world” applications.   read more	UPDATING AND SUPPORT MAISY Databases are updated on an annual basis or more frequently as new data becomes available. Support includes processing client data and providing energy use and emissions results and audit-quality documentary reports to assisting financial firms in identifying and organizing inputs required for the emissions analysis.   read more
SCOPE 3 FINANCED EMISSIONS DATABASES ZIP-level emissions and financial institution consolidated emissions are based on loan customer data. This section describes this process including a summary of emissions estimation methodology.   read more		NOTES AND WHITEPAPERS demonstrate benefits of using MAISY Scope 3 data and support services to support financed Scope 3 emissions reporting.   read more