Create an inflation factor

---
title: Create an inflation factor
description: 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.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/environmental-social-governance/create-an-inflation-factor.html
release: australia
topic_type: task
last_updated: "2026-09-10"
reading_time_minutes: 1
breadcrumb: [Configuring the Scope 3 dashboard, Configure, Operational Sustainability Management \(formerly Environmental, Social, and Governance\)]
---

# Create an inflation factor

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 id="table_vzv_rg3_ybc"><thead><tr><th>

Field

</th><th>

Description

</th></tr></thead><tbody><tr><td>

Country

</td><td>

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.

</td></tr><tr><td>

Inflation factor

</td><td>

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.

</td></tr><tr><td>

Year

</td><td>

Year for which the inflation factor is applicable.

</td></tr></tbody>
</table>4.  Select **Submit**.


**Parent Topic:**[Configuring the Scope 3 dashboard](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/environmental-social-governance/configuring-the-scope-3-dashboard.md)