This second video in the Meat Institute Sustainability Committee’s Scope 3.1 series explains the Spend-Based Methodology — one of four options for calculating emissions for Purchased Goods and Services.

Learn how to organize purchases, distinguish between capital goods and purchased goods, apply EPA EEIO emission factors, and compile ledger accounts to identify top suppliers by spend. This video outlines when to use a spend-based approach, its pros and cons, and how it can support target setting. Future segments will cover the other three calculation methods to help you strengthen your Scope 3 reporting over time.

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