Accurate climate impact measurement depends on choosing the right emission calculation method. Solely relying on a spend-based method can hinder the detailed insights and opportunities that activity-based methods provide based on real-world activities.
Understanding the differences between spend-based and activity-based emissions methods is important for selecting the best approach for your organization.
We define the methods as follows:
Spend-Based Emissions: Estimates the emissions based on financial expenditure data. It’s a high-level, macro approach, suitable for initial assessments.
Activity-Based Emissions: Calculates the emissions based on physical activities and processes, providing a detailed and precise measurement.
Explore the pros and cons of both methods in our infographic below, providing insights to help your organization navigate the right process in terms of climate reporting.
