Understanding IFRS S2 and the Sustainability Standards
1 min
Level
What IFRS S2 actually requires, how it works alongside IFRS S1, and what both standards mean for companies reporting under the ISSB's framework.
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.
More articles
View all
Sustainability Software: 5 Key Capabilities
1 min
Level
Sustainability software measures emissions, cuts waste and eases compliance. See 5 key capabilities and how to choose a sustainability management platform.
Digital Product Passport: Timeline & Compliance Guide
14 min
Level
What is the EU Digital Product Passport (DPP)? Learn how it works, which regulations apply, and what your business must do before the 2027 deadline.
Join more than 800 companies committed to climate change
Ask for a demo
This website emits 2.76 kg of CO₂e per 1,000 visits per month. Your potential for action is measured in tonnes. Ready to take action to reduce your impact?