Last updated: 17.08.2023

<aside> 💡 High-Level Description:

The global shift towards sustainable practices has highlighted the importance of understanding the carbon footprints across diverse sectors. In the realm of expenditure, where financial transactions have indirect environmental implications, the SQUAKE methodology has emerged as a pioneering approach.

SQUAKE, which started as a comprehensive tool for data analysis and assessment, has expanded its functionality to carbon calculation. Within the expenditure sector, SQUAKE estimates the carbon footprint stemming from various financial transactions, helping businesses and individuals discern the ecological implications of their spending patterns. By bridging the gap between financial expenditure and environmental sustainability, SQUAKE has been pivotal in nudging organizations and consumers towards greener choices, setting new standards in eco-conscious financial practices.

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Equation

co2_in_g = price_in_euros * co2_in_g_per_euro

• Calculation algorithm
• Calculation methodology
• Edits to the calculation methodology
• Specific calculations

API request

{
  "expand": [
    "items"
  ],
  "items": [
    {
      "type": "expenditure",
      "methodology": "SQUAKE",
      "external_reference": "string",
      "merchant_category": "local_public_transport",
      "merchant_category_code": 4111,
      "merchant_name": "BVG",
      "country": "DE",
      "currency": "EUR",
      "price_in_cents": 200
    }
  ]
}

Bibliography