When should a company use the financial control approach for its GHG boundary?

Use it when your reporting follows the accounts: an entity is in if you direct its financial and operating policies to gain economic benefit. Assets on finance leases are treated as yours. Operational control instead follows who runs the asset day to day.

How it differs

• Financial control: matches the consolidated financial statements.
• Operational control: follows authority to introduce operating policies.
• Both: 100 percent of emissions of what is in, nothing of what is out.

Choose once

Pick one approach for the whole group and keep it; switching later means restating past years.

What Senseible does here

Senseible reads bills, fuel invoices and production records into dated, fingerprinted records, so the figure you send a buyer can be traced to its documents.

• Operational control vs equity share
• Leased factory scope

Sources: GHG Protocol Corporate Standard

Last reviewed 2026-10-22.