What is carbon accounting?
1 min read
Carbon accounting is a type of carbon-footprint measurement that is predominantly based on an organisation’s existing accounting data. The process that sits behind carbon accounting is known as the spend-based methodology and is recognised by the Greenhouse Gas Protocol.
In a nutshell, the spend-based methodology involves taking the amount spent on a product or service and multiplying it by an emission factor. The resulting number gives you an estimate of the GHG emissions associated with the production of that product or service.
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