When preparing the data for submission, it would be preferable for you to remove data relating to the spend categories listed in the table below before sending it to Emitwise.
This reduces the likelihood of including data that is not relevant to your company’s emissions inventory, and it reduces the likelihood of double counting. If this is challenging, our technology automatically excludes all spend related to the categories to a level of confidence that does not compromise the data quality or results.
| Spend category | Description |
|---|---|
|
Payroll costs |
Includes HR-related payments, e.g. employee salaries, bonuses, etc.; includes "freelance" work that cannot be linked to the supply of a service. |
|
Employee benefits |
Employee healthcare, pensions, etc. |
|
Building rental/leasing |
Payments to landlords or rental agencies for leased or bought premises. |
|
Charitable donations or grants |
One-off or recurring voluntary payments to charities in which no service is provided in return for the payment. |
|
Bank fees & interest payments |
All financial charges related to taxes, loan fees, or interest paid on money borrowed. |
|
Intra-company spending & transfers |
Transfers of funds between departments/business units. |
|
Business & professional memberships |
One-off or recurring voluntary payments to clubs or professional organisations for memberships in which no service is provided in return for the payment. |
For refunds, we recommend that you either:
- include refunds in your spend data (as these will ‘cancel out’ the payments made for products that you have refunded) or
- exclude refunds and the purchase items to which they correspond from your spend data.
This is to ensure that we do not account for any GHG emissions of products that you purchased but are subsequently returned or cancelled before receiving the product.
In financial accounting, capital goods, sometimes called “capital assets”, are typically depreciated or amortized over the asset's life. For purposes of accounting for scope 3 emissions, companies should not depreciate, discount, or amortize the emissions from the production of capital goods over time. Instead, companies should account for the total emissions of purchased capital goods in the year of acquisition.