Whitepaper
GHG Protocol Scope 3 Revisions
What Real Asset Managers Cannot Afford to Miss
Scope 3 reporting is entering a new era of rigour, and real estate is firmly in the spotlight.
For real asset managers, the implications are significant.
The GHG Protocol’s Phase 1 Scope 3 revisions, published in March 2026, represent the most significant update since 2011 and give the market early visibility into the direction of the changes ahead of final publication in late 2027.
This white paper outlines the key proposed changes, why they matter for real estate, and what companies should do now to prepare.
It sets out:
Implications – how the revisions could reshape Scope 3 reporting, data quality, assurance, tenant emissions, embodied carbon, and investment-related emissions.
Possibilities – how early action can strengthen investor confidence, improve disclosure credibility, and create a first-mover advantage.
Solutions – practical steps real asset managers can take now, from gap analysis and data quality roadmaps to tenant data strategies and supplier engagement.
The paper is written by EVORA’s senior consultants and directors, drawing on years of hands-on experience supporting real asset managers, as well as insight from work across thousands of assets. It is grounded in deep industry knowledge and the practical delivery challenges clients are facing today, and is part of our wider Insights programme.
“GHG Protocol Scope 3 Revisions: What Real Asset Managers Need to Know “
Written by: Naomi Getzler
With contributions from: Aoife Busher and Paul Sutcliffe
Download the paper
