GRI RELATED UPDATES

An independent standard setter whose Standards enable organisations to report their most significant impacts on the economy, environment and people.

A factor comparing the heat-trapping effect of a greenhouse gas with carbon dioxide over a specified time horizon.

A bond whose proceeds are exclusively used to finance or refinance eligible green projects.

Environmental statements about a product, service, organisation or activity, such as claims of recyclability, low carbon or carbon neutrality.

A tradable unit representing one metric tonne of carbon dioxide equivalent reduced, avoided or removed under a carbon-crediting programme.

A naturally occurring greenhouse gas released through respiration, decomposition, combustion and industrial processes and removed by oceans, vegetation and other sinks.

A common unit that expresses the warming effect of different greenhouse gases relative to carbon dioxide using global warming potentials.

The total greenhouse gas emissions associated with an organisation, product, activity, event or person within a defined boundary.

A system in which emissions allowances or carbon credits are issued, bought, sold or retired.

A claim that a defined amount of greenhouse gas emissions has been balanced by reductions, removals or offsets over a stated period and boundary.

A carbon credit retired to compensate for emissions occurring elsewhere.

A monetary value assigned to greenhouse gas emissions through a tax, emissions trading system, internal price or market transaction.

A process that transfers carbon dioxide from the atmosphere and stores it in biological, geological, mineral or product reservoirs.

The capture and storage of carbon in forests, soils, oceans, geological formations or long-lived products.

A levy based on the greenhouse gas emissions or carbon content of fuels, products or activities.

A global environmental disclosure system through which companies, cities, states and regions report information on climate, water and forests.