Do our company's bank deposits and mutual funds count in Scope 3?
They fall under Category 15, investments, which the GHG Protocol frames mainly around equity, debt and project finance. For most manufacturers these holdings are small next to fuel, power and purchased goods. Note them as excluded with a reason, or estimate fund emissions from the fund house disclosures if a buyer asks.
What Category 15 covers
- Equity stakes and joint ventures not in your boundary.
- Loans and bonds you hold.
- Managed investments such as funds.
A practical approach
List the holdings, state the reason for any exclusion, and revisit if the amounts are large or a lender asks.
What Senseible does here
Senseible reads bills, fuel invoices and production records into dated, fingerprinted records, so the figure you send a buyer can be traced to its documents.
Sources: GHG Protocol Scope 3 Standard, PCAF
Last reviewed 2026-10-23.