Welcome to our glossary -- our regularly updated dictionary and encyclopedia of various sustainability terms and definitions. If you submit a term for our glossary, we will typically review the submission and decide whether to publish it within five businesses. Thank you for your readership.
There are currently 7 sustainability terms in this directory beginning with the letter S.
Science Based Targets initiatives (SBTi)The Science Based Targets initiative (
SBTi) drives ambitious climate action in the private sector by enabling organizations to set science-based emissions reduction targets, the organization says. The SBTi is the lead partner of the
Business Ambition for 1.5°C campaign -- a call to action from a
global coalition of UN agencies, business and industry leaders, mobilizing companies to set net-zero science-based targets in line with a 1.5°C future.
Scope 1 EmissionsWhat are Scope 1 Emissions? The definition: Scope 1 covers emissions from sources that an organization owns or controls directly – for example from burning fuel in our fleet of vehicles (if they’re not electrically-powered), according to National Grid.
Scope 2 EmissionsWhat are Scope 2 Emissions? The definition: Scope 2 are emissions that a company causes indirectly when the energy it purchases and uses is produced. For example, for our electric fleet vehicles the emissions from the generation of the electricity they're powered by would fall into this category, according to National Grid.
Scope 3 EmissionsWhat are Scope 3 Emissions? The definition: Scope 3 encompasses emissions that are not produced by the company itself, and not the result of activities from assets owned or controlled by them, but by those that it’s indirectly responsible for, up and down its value chain. An example of this is when we buy, use and dispose of products from suppliers. Scope 3 emissions include all sources not within the scope 1 and 2 boundaries, according to National Grid.
SEC: The Enhancement and Standardization of Climate-Related Disclosures for InvestorsThe Securities and Exchange Commission (“Commission”) is proposing for public comment amendments to its rules under the Securities Act of 1933 (“Securities Act”) and Securities Exchange Act of 1934 (“Exchange Act”) that would require registrants to provide certain climate-related information in their registration statements and annual reports. The proposed rules would require information about a registrant's climate-related risks that are reasonably likely to have a material impact on its business, results of operations, or financial condition. The required information about climate-related risks would also include disclosure of a registrant's greenhouse gas emissions, which have become a commonly used metric to assess a registrant's exposure to such risks. In addition, under the proposed rules, certain climate-related financial metrics would be required in a registrant's audited financial statements.
SustainabilitySustainability is meeting the needs of the present without diminishing the ability of future generations to meet their needs. Sustainability also means that human practices do not result in the permanent damage, alteration, or depletion of the environment, ecosystems, species, or natural resources.
Source:
Natalie Lowe, CMM, CRL, a sustainable meeting professional with 30 years of experience.
Sustainable Hospitality AllianceThe
Sustainable Hospitality Alliance brings together engaged hospitality companies and uses the collective power of the industry to deliver impact locally and on a global scale. Formerly the International Tourism Partnership, we work with leading hospitality companies and strategic partners to address key challenges affecting our planet and its people, and develop practical resources and programs to enable the wider industry to operate responsibly and grow sustainably. Aligned with the United Nations Sustainable Development Goals (SDGs), we commit to drive continued action on human rights, youth employment, climate action and water stewardship.
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