The Hybrid Approach, a blend of the Spend-Based and Product-Based methods, offers a nuanced perspective on Scope 3 emissions. Endorsed by the GHG Protocol, this approach provides a comprehensive view of a company's carbon footprint. But how does it work in practice, and why is it gaining traction among sustainability professionals?
What is the Hybrid Approach?
The Hybrid Approach is a methodology that combines top-down (Spend-Based) and bottom-up (Product-Based) techniques. It uses expenditure data to give an overarching view and then delves into specific product or service lifecycle emissions for granular insights.