Friday, May 29, 2015

Glossary of Sustainability Acronyms and Abbreviations

It is difficult to keep abreast of all the terms used in the fast changing realm of sustainability. Here is a comprehensive alphabetized summary of sustainability acronyms and abbreviations.

Agenda 21 A non-binding, voluntarily-implemented action plan of the United Nations with regard to sustainable development.

AODP The Asset Owners Disclosure Project survey of investors on climate actions

BCI The Better Cotton Initiative, guidance on fair labor and sustainable cotton production

B Corp, or B Corporation, is a business certification from B Labs. Sometimes people call Benefit Corporations “B corps,” too. A benefit corporation is a legal business construct, like an LLC or C Corp, except it has sustainability at its core.

BREEAM Building Research Establishment Global’s Environmental Assessment Method for green building

BSR is a global nonprofit organization with member companies and a widely attended annual conference.

CCS Carbon capture and storage (or sequester) projects

CDP Formerly the Carbon Disclosure Project (now just CDP); issues corporate surveys on climate change, water and forestry, with additional supply chain reporting guidance.
CDSB Climate Disclosure Standards Board; provides guidance on climate reporting, and proposed stock exchange listing rule on climate emissions reporting

CITES Convention on International Trade in Endangered Species

CO2e Carbon dioxide equivalent — frequently used in emissions reporting

COP Communication on progress — a reporting requirement of being a signatory to the United Nations Global Compact

CSR or CR Corporate social responsibility or corporate responsibility, commonly used interchangeably DFPRW Declaration on fundamental principals and rights to work 

DJSI Dow Jones Sustainability Index EEIC

Electronic Industry Citizenship Coalition: a code of conduct for the electronics supply chain

EPD Environmental product declaration 

ESG Environment, social and governance disclosure. Used interchangeably with CSR.

FiT Feed-in tariff, the price renewable energy generators are paid by utility companies for their energy

FLA Fair Labor Association 

FSC Forest Stewardship Council, creates standards for sustainably-harvested woods and fibers.

FT Fair Trade

G3/G3.1 Global reporting initiative’s third generation of sustainability reporting guidelines

G4 Global reporting initiative’s fourth generation of sustainability reporting guidelines

GEP Gender equality principals 

GHGP Greenhouse gas protocol for emissions reporting

GIIRS Global impact investing rating system; third-party ratings for impact investments

GISR Global Initiative for Sustainability Ratings

GRI Global Reporting Initiative

ILO International Labor Organization core labor standards

IR/IIRC Integrated reporting framework of the International Integrated Reporting Council

ISO 14001 International Standards Organization’s Environmental Management System

ISO 26000 ISO social responsibility standard
ISO 31000 ISO risk management standard KPI Key performance indicator

LCA Lifecycle assessment or Lifecycle analysis

LEED Leadership in Energy and Environmental Design for green buildings

MDGs United Nations Millennium Development Goals

OSHA U.S. Occupational Health and Safety Administration, provides standards for workplace safety

RECs Renewable Energy Credits — similar to carbon offsets, but just for renewable energy

REDD Reducing Emissions from Deforestation and Degradation, a U.N. forestry program

RSPO Roundtable on Sustainable Palm Oil

SASB Sustainability Accounting Standards Board; offers sustainability reporting standards by industry

SFI Sustainable Forestry Initiative 

SDGs U.N. Sustainable Development Goals 

SRI Socially responsible investing

ULE UL Environment, a standards board

UNDHR United Nations Declaration on Human Rights

UNGC U.N. Global Compact; companies endorse and report on their progress in meeting 10 CSR principals 

USGBC U.S. Green Building Council; responsible for the LEED standard for green building

VCS Verified carbon standard, carbon offset certification body

h/t to Tracey Rembert who shared a version of this list with Ceres participants

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