Create an inflation factor

  • Release version: Australia
  • Updated March 12, 2026
  • 1 minute to read

    • Create inflation factors for spend-based emission factors to account for price changes over time, which can otherwise make these factors inaccurate. Spend-based emission factors estimate pollution based on monetary expenditure. Adjusting spending for inflation before applying the emission factor ensures a more realistic picture of your emissions footprint.

    Before you begin

    Role required: sn_esg.admin

    Procedure

    1. Navigate to All > Operational Sustainability Management > Administration > Inflation Factors.
    2. Select New.
    3. On the form, fill in the fields.
      Table 1. Inflation factor form
      Field Description
      Country Name of the country.
      Note:
      If you want to create an inflation factor for the United States of America, you must provide the country name as United States. Using any other form of naming such as US or USA, will result in data not being collected.
      Inflation factor Value that is used to compare the value of money across different years. For example, to find out what a $100 purchase in 2018 would cost in today's dollars, you would apply the inflation factor to adjust for the change in value.
      Year Year for which the inflation factor is applicable.
    4. Select Submit.