Acronyms
CSDDD
Corporate Sustainability Due Diligence Directive
Establishes a corporate due diligence duty for EU & non-EU companies to encourage responsibility taken for environmental and social impacts – including of suppliers (value chain).
CDP
Carbon Disclosure Project
A non-profit setting a global environmental disclosure system of sector-specific questionnaires; publicised scores encourage transparency and accountability.
CSRD
Corporate Sustainability Reporting Directive
A reporting framework required by the EU law for large and listed companies to disclose information on what they see as the risks and opportunities arising from social and environmental issues, and on the impact of their activities on people and the environment.
UNGPs
United Nations Guiding Principles on Business and Human Rights
An instrument consisting of 31 principles implementing the United Nation’s “Protect, Respect and Remedy” framework on the issue of human rights and transnational corporations and other business enterprises.
TCFD
Task Force on Climate-related Financial Disclosures
Developed by the Financial Stability Board to ensure consistent information and transparency for investors on companies’ climate change-related risks and remediating actions.
GCF
Green Climate Fund
The largest global climate fund accelerating adaptation, mitigation, and climate action in developing countries through financing solutions, partnerships, and climate investments.
ESG
Environmental, Social, and Governance
Criteria or standards for operations, standards, and practices that are socially and environmentally conscious; standards are associated with sustainable and ethical impacts.
JT
Just Transition
The shift to a more environmentally sustainable economy without excluding those who will be economically affected in supporting decent work, shared benefits, and a fairer society.
M&E
Monitoring & Evaluation
An approach and plan applied in a project, program, or organisation to measure, assess and review the performance alongside indicators toward revised strategies and management.
DEI
Diversity, Equity and Inclusion
Interlinked values held by organisations working to support different groups of individuals, including differences in genders, sexual orientations, race, ethnicities, and religion.
GRI
Global Reporting Initiative
Launched in 1997 as an international independent standards organisation to help companies, governments, and organisations identify and communicate their ESG issues and impacts.
IFRS
International Financial Reporting Standards
Established in 2001 as a common language for accounting, specifying maintenance and reporting of financial accounts to standardise financial performance reporting for companies.
SBTi
Science-Based Targets initiative
A partnership, and later movement, between the CDP, UN, WRI, and WWF to facilitate companies to define net-zero targets and use science-backed emissions reduction strategies.
UN SDGs
United Nations Sustainable Development Goals
The 17 goals adopted by all UN member states in 2015 as a universal call to eradicate poverty, protect the planet, and enjoy peace, with specific targets and indicators for each.
