Emissions Guidebook Part 5 Section 3 Carbon Intensities

This technical report outlines the methodology and formulae used to calculate the carbon intensity for IODEX grade iron ore fines. It emphasizes the importance of transparent methodologies for greenhouse gas (GHG) emissions, which are crucial for governments and investors. The report details the approach taken by S&P Global Energy to provide an independent carbon intensity attribute for IODEX, which is essential for industry benchmarking. The document describes the supply chain emissions accounting from mining operations to discharge ports, including the processes involved in estimating emissions from onsite operations, transportation, and maritime shipping. It also discusses the treatment of coproducts and the global warming potential of various greenhouse gases, referencing the United Nations Framework Convention on Climate Change guidelines. The report serves as a resource for industry stakeholders to compare their operations and investments against the established carbon intensity benchmarks.