
What is ESG Data and How to Use it?
What is ESG data, and how can it be used to improve the social, economic, and governance parts of your business?
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.
