Glossary

Everything you need to know about climate action terms and topics.

Glossary

Our climate action glossary gives in-depth definitions for key terms about climate change and corporate climate action. Check back for updates as we will be adding new terms each month.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

A

Article 6 of the Paris Agreement

B

Beyond value chain mitigation (BVCM)

C

California SB 253: Climate Corporate Data Accountability Act

California SB 261: Climate-Related Financial Risk Act

Carbon accounting

Carbon Border Adjustment Mechanism (CBAM)

Carbon capture and storage (CCS)

Carbon dioxide equivalent

Carbon footprint

Carbon offset project

Carbon offsetting

Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)

Carbon removal / Carbon dioxide removal (CDR)

Climate change mitigation

Corporate sustainability

Corporate Sustainability Reporting Directive (CSRD)

D

Decarbonisation

Digital Product Passport (DPP)

Double counting

Double materiality assessment (DMA)

E

Emission factors

Energy Attribute Certificates (EACs) / Green certificates

Environmental, social, and governance (ESG)

ESRS E1 Climate change

European Sustainability Reporting Standards (ESRS)

EU Competitiveness Compass

F

Forest, Land and Agriculture (FLAG)

G

GHG inventory (greenhouse gas inventory)

Greenhouse gases (GHGs)

I

Intergovernmental Panel on Climate Change (IPCC)

K

L

Life cycle assessment (LCA)

N

Nature-based solutions

Net zero emissions

P

Paris Agreement

R

Renewable Energy Certificates (RECs)

S

Science-based targets (SBTs)

Sustainable Development Goals (SDGs)

T

Task Force on Climate-related Financial Disclosures (TCFD)

V

Voluntary carbon market (VCM)

VSME (Voluntary Sustainability Reporting Standard for non-listed SMEs)