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Spend-based PCF Calculation

Short summary

One way to calculate PCFs is not activity-based, whereby a product's life cycle is analyzed from resource extraction via production and distribution to use and EOL - but spend-based, whereby the product's price and its product category serve as sole indicators.
--> unit: kg CO2e / € spent
spend-based EF are expressed in basic prices (price at the factory gate without taxes) and incorporate upstream emissions

Spend-based vs. activity-based PCF calculation

SPEND BASED
ACTIVITY BASED
low effort - low accuracy
high effort - higher accuracy - higher risk
higher comparability because 1 source covers all
comparability depends on assumptions: can differ between sources of emission factors
data is mostly available (from procurement or accounting department)
due to complex supply chains and limited traceability product data is often unavailable ⟶ proxies needed ⟶ can lead to inaccurate results

Advantages and disadvantages of spend-based calculation

ADVANTAGES
DISADVANTAGES
easy and quick starting point to calculate PCFs or Scope 3 emissions
very generic: no differentiation between products in one product category
spend is a bad proxy: volatility of CO2e results due to externalities (e.g., inflation, price reductions)
--> when a price discount is offered, the PCF decreases, while in reality nothing changes --> higher priced goods, luxury brands lead to a higher PCF compared to no-name products
not possible to base climate action on this --> no hotspot analysis --> no quantification of reduction measures

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