The glossary for all organisations

A software platform or tool that automates the calculation, reporting, and tracking of greenhouse gas emissions across various scopes and sectors.

The amount of greenhouse gas emissions per unit of output, such as emissions per tonne of product, per megawatt-hour of electricity, or per million dollars of revenue.

The final phase of a product’s life cycle, when it is discarded, recycled, or otherwise disposed of, which can have significant environmental impacts.

The practice of using less energy to achieve the same output or service, often achieved through technology improvements or operational changes.

A consolidation approach is where a company’s greenhouse gas emissions are proportionally attributed based on its share of ownership or equity in an operation.

A consolidation approach where a company reports 100% of the greenhouse gas emissions from operations under its financial control, regardless of ownership share.

A measure of the function of a product or service, used as a reference unit in life cycle assessments to standardise the environmental impacts across products.

Any process, activity, or system that removes and stores more greenhouse gases from the atmosphere than it emits, such as forests or oceans.

The GRI provides a set of standards for sustainability reporting, helping organisations communicate their environmental, social, and governance performance.

A UK regulation that ensures companies make accurate and substantiated environmental claims in their marketing, preventing greenwashing and misleading claims.

Gases such as carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), sulfur hexafluoride (SF6), and nitrogen trifluoride (NF3) that contribute to global warming by trapping heat in the Earth’s atmosphere.

A comprehensive international standard that provides guidelines for companies and organisations to measure, manage, and report their greenhouse gas emissions.

Gases like carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), sulfur hexafluoride (SF6), and nitrogen trifluoride (NF3) that trap heat in the atmosphere, causing global warming and climate change.

The act of making false or misleading environmental claims about a product or service to appear more eco-friendly than it is.

The International Financial Reporting Standard (IFRS) S1 sets out how companies should report sustainability-related financial information, focusing on transparency and accountability.

The IFRS S2 standard provides guidelines for companies to disclose information on climate-related risks and opportunities, helping stakeholders understand the impact of climate change on businesses.

ISO 14064 is an international standard for quantifying, reporting, and verifying greenhouse gas (GHG) emissions at the organisational level, helping businesses improve their GHG management.

The International Sustainability Standards Board (ISSB) is an independent standard-setting body, which develops global standards for sustainability reporting, ensuring businesses disclose their environmental and social impacts effectively.

Emissions that are a consequence of a company’s operations but occur from sources owned or controlled by another company, such as electricity purchased from a utility provider.

The IPCC is the leading international body for assessing climate change science, providing policymakers with scientific assessments on climate risks and strategies for adaptation and mitigation.

A tool that companies use to assign a monetary value to their greenhouse has emissions, often expressed as a price per metric ton of carbon dioxide equivalent (CO2e), which companies can utilise to inform investment and operational decisions.

The entire process of a product’s life, from raw material extraction, production, and use to its eventual disposal or recycling.