Carbon accounting, also known as greenhouse gas (GHG) accounting, is the process used by organizations to measure the amounts of carbon dioxide equivalents (CO2e) emitted directly and indirectly by their activities.
Read MoreCarbon credits represent the removal of one tonne of carbon dioxide or an equivalent amount of a different greenhouse gas from the atmosphere. These are from verified and measured emissions reductions from certified emissions reduction or removal projects. These allow the owner to emit a specific amount of carbon dioxide or the equivalent of other GHGs.
Read MoreCarbon emissions refer primarily to the release of carbon dioxide (CO2) into the atmosphere. Carbon emissions can also include other carbon-based greenhouse gasses such as methane (CH4), but CO2 is by far the most prevalent and is often used synonymously with carbon emissions.
Read MoreCarbon markets are systems through which countries, organizations, or individuals buy and sell credits for greenhouse gas (GHG) emissions, specifically carbon dioxide (CO2) and other GHG emissions measured in terms of carbon dioxide equivalents (CO2e). Each credit represents the removal of one tonne of carbon dioxide or an equivalent amount of a different greenhouse gas from the atmosphere.
Read MoreCarbon neutrality refers to achieving a net-zero carbon footprint by balancing the amount of carbon dioxide (CO2) released into the atmosphere with an equivalent amount of CO2 removed or offset.
Read MoreCorporate Sustainability Due Diligence is the practice of assessing, identifying, and managing social and environmental risks and impacts throughout a company’s operations and value chain.
Read MoreDecarbonization is the reduction or elimination of carbon dioxide emissions that result from human activity. Decarbonization aims to create a low-carbon economy where greenhouse gas emissions are minimized to address climate change effectively.
Read MoreESG stands for Environmental, Social, and Governance. This is a framework used by investors and companies to evaluate the non-financial impacts of a company and assess the potential risks and opportunities related to sustainability. ESG factors provide a lens through which investors and stakeholders can look at the ethical impact and sustainability practices of a company.
Read MoreGreen Bonds are fixed-income instruments specifically earmarked to encourage sustainability and to support climate-related or other types of special environmental projects. These bonds are typically asset-linked and backed by the issuer's balance sheet.
Read MoreGreenwashing is a deceptive marketing practice in which an entity promotes green-based environmental initiatives, images, or claims but actually operates in a way that is damaging to the environment, or is less green than portrayed.
Read MoreSustainability materiality involves determining and prioritizing the economic, environmental, social, and governance issues that are most relevant and impactful to an organization and its stakeholders. This assessment can influence a company’s sustainability strategy and is often disclosed as well in sustainability reports.
Read MoreNet-zero occurs when an organization reduces their greenhouse gas emissions through reduction and removal projects, bringing their emissions as close to zero and eliminating it as much as possible.
Read MoreResponsible investing is an investment strategy that seeks to generate both financial return and social good, or a positive impact on society and the environment. This approach to investing considers not only financial returns but also environmental, social, and governance (ESG) factors.
Read MoreScience-Based Targets (SBTs) are specific, measurable goals set by companies to reduce their greenhouse gas emissions, aligning their efforts with the levels of decarbonization that, according to climate science, are necessary to keep global temperature increase below 1.5°C to 2°C compared to pre-industrial temperatures.
Read MoreScope 1 emissions come directly from sources that are owned or controlled by the company. These include stationary or mobile combustion of fossil fuels from company-owned equipment and vehicles, emissions from industrial processes, and fugitive emissions or leaks from greenhouse gasses.
Read MoreScope 2 emissions are indirect greenhouse gas emissions associated with the purchase of electricity, steam, heat, or cooling. Unlike Scope 1 emissions, which are direct emissions from owned or controlled sources, Scope 2 emissions occur at the facility where the energy is generated, rather than at the point of energy consumption by the reporting company.
Read MoreScope 3 emissions, also known as value chain emissions, encompass all the indirect emissions that occur in a company's value chain, outside of Scope 1 and Scope 2 emissions. These emissions are the result of activities from assets not owned or controlled by the reporting organization but over which it indirectly impacts through its operations and activities.
Read MoreSustainability refers to business practices, systems, and activities that lead to long-term positive economic, environmental, and social development. In other words, sustainability is the ability to maintain and improve quality of life without depleting the resources required for future generations to enjoy a similar or improved standard of living.
Read MoreSustainability reporting is a practice where organizations disclose information about their sustainability and ESG performance to stakeholders. It is a key tool for managing impact on sustainability issues, including climate change, human rights, and corporate governance.
Read MoreThe Sustainable Development Goals (SDGs) are a universal set of goals, targets, and indicators adopted by all 193 United Nations member states in 2015, as part of the 2030 Agenda for Sustainable Development. The SDGs were established to guide global development efforts across various dimensions of social, economic, and environmental sustainability by the year 2030.
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