Sustainability Abbreviations

There are a lot of different abbreviations in the field of sustainability. Here we list and explain some of them.

BSR

Business for Social Responsibility
BSR is a global non-profit organisation working with its network of more than 250 member companies and other partners to build a just and sustainable world.
Link

CDM

The Clean Development Mechanism
Is defined in Article 12 of the Kyoto Protocol. It allows a country with an emission reduction or limitation commitment to implement an emission reduction project in developing countries.
Link

CDP

Carbon Disclosure Project
Is a non-profit organization that operates the global information system for investors, companies, cities, states and regions to manage their environmental impact, and pushes companies and governments to reduce their greenhouse gas emissions, protect water resources and protect forests.
Link

CDSB

Climate Disclosure Standards Board
This is a non-profit organisation that works to provide information to investors and financial markets by integrating climate change-related information into mainstream financial reporting.
Link

CFCs

Chlorofluorocarbons
Are a group of compounds of carbon, hydrogen, chlorine and fluorine, which are the typical gases that can be used in detergents, refrigerants and aerosol fuels. CFCs damage the ozone layer in the earth's atmosphere.

CNG

Compressed Natural Gas
In
Sweden called vehicle gas. It can consist of both natural gas and biogas. Both natural gas and biogas consist mainly of methane, which means that the two gases are interchangeable in most contexts.

CoC


Code of Conduct
Code of Conduct.                                                                                                                                                                                                                     

COP 3

Conference of the Parties 23 (1997 in Kyoto, Japan)
The 1997 United Nations Climate Change Conference took place in December 1997 in Kyoto, Japan. It was here that the Kyoto Protocol was adopted. This was the 3rd time the COP met. The COP is the decision-making body responsible for monitoring and reviewing the implementation of the United Nations Framework Convention on Climate Change (UNFCCC)

COP 20

Conference of the Parties 20 (2014 in Lima, Peru)
The United Nations Climate Change Conference 2014 took place from 1 to 12 December in Lima, Peru. This was the 20th time the COP met. 

COP 21

Conference of the Parties 21 (2015 in Paris, France)
The 2015 United Nations Climate Change Conference took place from 30 November to 12 December 2015 in Paris, France and was the largest gathering of world leaders ever.
This was the 21st time the COP met.

COP 22

Conference of the Parties 22 (2016, in Marrakech, Morocco)
The United Nations Climate Change Conference 2016 took place from 7 to 18 November 2016 in Marrakech, Morocco. This was the 22nd time the COP met. 

COP 23

Conference of the Parties 23 (2017, in Bonn, Germany)
The United Nations Climate Change Conference 2017 took place from 6 to 17 November 2017 in Bonn, Germany. The presiding country was Fiji, but the meeting was held in Bonn, where the UNFCCC Secretariat is located. This was the 23rd time the COP met.

COP 24

Conference of the Parties 24 (2018, in Katowice, Poland)
The 2018 United Nations Climate Change Conference was held in Katowice, Poland, from 2 to 15 December 2018. This was the 24th time the COP met. 

COP 25

Conference of the Parties 25 (2019, in Madrid, Spain)
The United Nations Climate Change Conference 2019 was held in Madrid, Spain, from 2 to 13 December 2019 under Chilean leadership. This was the 25th time the COP met.

COP 26

Conference of the Parties 26 (2021, in Glasgow, Scotland)
The United Nations Climate Change Conference 2021 was held in Glasgow, Scotland, from 31 October to 12 November 2021. The conference was originally scheduled to be held in November 2020, but was postponed for one year due to the corona pandemic. The UK hosted the meeting, in partnership with Italy. This was the 26th time the COP has met. You can read about COP27 here.

CSDD

Corporate Sustainability Due Diligence Directive
A proposed EU directive to enable faster green transformation and protect human rights in Europe but also beyond. More about the CSDD here

CSR

Corporate Social Responsibility
That companies should take responsibility for their impact on society, from an economic, environmental and social perspective.                        

CSRD

Corporate Sustainability Reporting Directive
EU Directive on Sustainability Reporting replacing the Non-Financial Reporting Directive (NFRD).                                              

DJSI

Dow Jones Sustainability Indices
Launched
in 1999 as the first global sustainability index, the indices are offered in partnership between RobecoSAM and the S&P Dow Jones Index and track the performance of the world's leading companies in terms of economic, environmental and social criteria.

EHS

Environment, Health and Safety
In English Environment, Health and Safety. The abbreviation is often used as a name for a department in a company or authority.         

EMAS

The EU Eco-Management and Audit Scheme
Is an EU regulation that entered into force on 1 January 1995. It aims to encourage companies to become more environmentally friendly on a voluntary basis. EMAS is based on ISO 14001, but also includes other elements of environmental management.   

E-PRTR

European Pollutant Release and Transfer Register
Is a Europe-wide register that provides environmental data from industrial installations in EU Member States and in Iceland, Liechtenstein, Norway, Serbia and Switzerland.

ERU

Emission Reduction Unit
Under the Kyoto Protocol, an ERU is a tradable unit representing one tonne of carbon dioxide equivalent of emission reduction or storage.

ESG

Environmental, Social and Governance
i.e. environment, society and (corporate) governance. It has become a central concept for sustainability work in the world of business and finance.

EU ETS

The European Union Emissions Trading System
The EU Emissions Trading System (EU ETS) is a key instrument for the EU to meet its own climate targets and international commitments under the Paris Agreement.

GHG

Green House Gas
Greenhouse gases are both natural and man-made gases that form the basis of the greenhouse effect by absorbing and emitting infrared radiation.

CMO

Genetically Modified Organism
Is an organism that has one or more foreign genes inserted by means of genetic engineering. In Sweden, a permit is required for all types of handling of GMOs, whether you are conducting research on GMOs or want to sell a GMO product.

GRI

Global Reporting Initiative
The Global Reporting Initiative is an international independent standards organisation that helps companies, governments and other organisations understand and communicate their impact on issues such as climate change, human rights and corruption.
Link

GSSB

Global Sustainability Standards Board
Responsible for setting globally accepted standards for sustainability reporting. The GSSB oversees the development of the GRI Standards.

GWP

Global warming potential
Is a measure of the ability of a greenhouse gas to contribute to the greenhouse effect and global warming. The Intergovernmental Panel on Climate Change (IPCC) reports estimates of the GWP values of the various greenhouse gases.

ILO

International Labour Organisation
The International Labour Organisation was founded in 1919 and has its headquarters in Geneva, Switzerland. Its aim is to promote social justice and humane working conditions as a prerequisite for peace among and within nations against child labour and human trafficking.

ISO 14001


International Organization for Standardization 14001
Is the collective name for the standards dealing with environmental management.

ISO 26000


International Organization for Standardization 26000
Is a guiding standard for corporate social responsibility of organizations.                                                                                                

ISO 37001


International Organization for Standardization 37001
Sets requirements and provides guidance for establishing, implementing, maintaining, reviewing and improving an anti-bribery management system.

LCA

Life cycle assessment (Life cycle assessment or life cycle analysis)
Is a method for obtaining an overall picture of the total environmental impact during the life cycle of a product.                         

NFR

Non-Financial Reporting
A form of transparency reporting in which companies disclose non-financial information, including information on human rights.

NFRD

Non-Financial Reporting Directive
An EU directive on sustainability reporting that has been in place since 2014. Replaced by CSRD (Corporate Sustainability Reporting Directive)

OECD

Organisation for Economic Co-operation and Development
The Organisation for Economic Co-operation and Development is an international organisation for the exchange of ideas and experience in areas affecting economic development between industrial countries with democracies and market economies, mainly in its 38 member countries. To be environmentally sustainable according to the Taxonomy, one of the requirements is that an operation must comply with minimum safeguards in the form of the OECD Guidelines for Multinational Enterprises.

PFCs

Perfluorocarbons
In English perfluorocarbons. Used in the electronics industry for the production of semiconductors. They are potent greenhouse gases that contribute to the greenhouse gas effect.

PRI

Principles for Responsible Investment
PRI is a UN-supported international network of investors working together to implement its six aspirational principles, often referred to as the "Principles".
Link

SASB

Sustainability Accounting Standards Board
Is a non-profit organization with the purpose of developing sustainability accounting standards.
Link
                                                                                                                                                                                                                              

SBT

Science Based Targets
Targets adopted by companies to reduce greenhouse gas (GHG) emissions are considered "science based" if they are in line with the level of carbon dioxide emissions required to keep the global temperature increase below 2 degrees Celsius compared to pre-industrial temperatures, as described in the Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC AR5).

SCoC

Supplier Code of Conduct
Code of Conduct for a company's suppliers                                                                                                                                                                                                 

SDG

Sustainable Development Goals
The Global Goals, or the Sustainable Development Goals, are part of the 2030 Agenda for Sustainable Development.                                  

TCFD

Task Force on Climate-related Financial Disclosures
Is a framework for identifying companies' climate-related financial risks and opportunities. The Financial Stability Board (FSB) is behind the initiative.

UNDP

United Nations Development Programme
The United Nations Development Programme (UNDP) is on the ground in 170 countries to eradicate poverty, reduce inequalities, promote peaceful societies and support countries to achieve the Global Goals by 2030.

UNFCCC

United Nations Framework Convention on Climate Change
Is an international environmental treaty adopted at the Rio Conference in Brazil on 9 May 1992. The United Nations Climate Change Conference (COP) is the decision-making body responsible for monitoring and reviewing the implementation of the UNFCCC.

UNGC

United Nations Global Compact
The UN Global Compact was established at the request of UN Secretary-General Kofi Annan in 1999 at the World Economic Forum in Davos. The Global Compact sets out guiding principles for working towards sustainability. The principles of the Global Compact are now an established practice among many companies, not least multinationals. Through the Global Compact, companies commit to working on human rights, labour rights, anti-corruption and the environment, through ten principles.

WBCSD

World Business Council for Sustainable Development
Is a global, CEO-led organisation of over 200 companies working together to accelerate the transition to a sustainable world.

CONTENT ON SUSTAINABILITY

Three questions for the sustainability manager.

Here we ask three questions about sustainability and what their priorities are right now to different sustainability managers.

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Conversations on sustainability

We talk to sustainability managers about sustainability challenges, opportunities, risks and more.

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UN Sustainable Development Goals.

Here we briefly review what the UN Global Goals are.

Read more
Planetary boundaries.

Here we briefly review what planetary boundaries are.

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Scope 1, 2 and 3.

Here we briefly review what Scopes 1, 2 and 3 mean in the context of sustainability.

Read more
CSDD

Here we briefly review what the CSDD (Corporate Sustainability Due Diligence Directive) is.

Read more
Sustainability policy.

Here we briefly explain what a sustainability policy is and what it is for.   

Read more
Sustainability abbreviations.

There are a lot of different abbreviations in the field of sustainability.
Here we list and explain some of them.

Read more