
How to develop an ESG strategy
In this article, we’ll explore the key steps to develop an ESG strategy that not only meets global standards but also aligns with your company’s unique goals.
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.
