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Glossary
Carbon and sustainability terms, explained plainly.
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C
Carbon credits
Certificates that each represent one tonne of CO2 equivalent reduced or removed from the atmosphere.
Carbon footprint
The sum of the greenhouse gases emitted, directly or indirectly, by an organization, a product, a person or an event.
CBAM
The European Union mechanism that puts a price on the emissions embedded in certain imported products.
CDP
The organization that collects environmental data from companies at the request of investors and customers, and scores it from D- to A.
CO2 equivalent
The unit that lets you add different greenhouse gases into a single figure.
E
Emission factor
The number that says how much is emitted per unit consumed of a fuel, of electricity or of another activity.
ESG
Short for the environmental, social and governance criteria used to assess a company.
G
GHG Protocol
The set of greenhouse gas accounting standards most used by companies.
Global warming potential
The number that compares how much a gas warms the planet against carbon dioxide, usually over 100 years.
Greenhouse gases
The gases that trap heat in the atmosphere. A corporate inventory counts seven.
Greenwashing
Presenting a product or a company as better for the environment than can be demonstrated.
GRI
The organization that publishes the GRI Standards, used to prepare sustainability reports.
H
HuellaChile
The official program of the Chilean State for measuring, reporting and managing the greenhouse gas emissions of an organization.
I
IFRS S2
The IFRS Foundation standard that defines what climate information an entity must disclose, including its emissions.
ISO 14001
The international standard that sets the requirements for an environmental management system. It can be certified.
ISO 14064
The family of ISO standards for quantifying, reporting and verifying greenhouse gas emissions.
R
RETC
Chile's public register of the emissions, waste and pollutant transfers that facilities declare.
S
Scope 1, 2 and 3
The three categories the GHG Protocol uses to organize the emissions of an organization.
T
TCFD
The task force that defined how a company should disclose its climate-related risks and opportunities.
W
Water footprint
The indicator of the freshwater used, directly and indirectly, to produce a good or a service.
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