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From EBIT to SEBIT (Sustainable EBIT): Sustainable Performance Accounting (SPA) Using the Example of CO₂ Accounting



Author(s)

Knut Henkel
Jenny Lay-Kumar
Christian Hiß

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DOI:10.17265/1548-6583/2024.02.002

University of Applied Sciences Emden/Leer, Emden, Germany
Regionalwert Research gGmbH, Leipzig, Germany
Agriculture, Food & Beverages sector writing team, Leipzig, Germany
Regionalwert Leistungen GmbH, Freiburg Br., Germany

Corporate sustainability reporting has become increasingly important in recent years. However, conventional approaches reach their limits when it comes to quantifying and measuring the actual sustainability performance of a company. This article presents a new approach: Sustainable Performance Accounting (SPA), which is based on an extension of bookkeeping by including ESG bookkeeping. SPA enables companies to systematically measure and manage their sustainability performance. The article provides an overview of the basics of SPA methodology and uses a comprehensive example showing how SPA can be implemented in practice. The article is aimed at interested readers from science and practice as well as decision-makers who are interested in future-oriented sustainability reporting.

CO₂ accounting, CO₂ emissions, CSRD, ESG (Environmental, Social, Governance), ESG bookkeeping, ESG provision, ESG asset, ESRS, integrated financial reporting, internalisation of external effects, connectivity, monetisation of ESG issues, sustainability, sustainability indicators, negative emissions, sequestration performance, Sustainable Performance Accounting (SPA)