Spend Based Method, definition

The Spend-Based Method is one of the two approaches to carbon accounting, which works by taking the monetary value of a purchased good or service and then multiplying this value by a relative carbon emission factor in order to calculate the amount of greenhouse gas emissions produced. This is considered the more simple way to calculate carbon emissions, but is not as precise as the activity based model.

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ESG / CSR
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TCFD standards: everything you need to know

15 min
Level

In this article, we’ll explore the legacy of the TCFD and how its principles have been integrated into the ISSB’s standards.

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