Chap 9 - standards, protocols and certifications Flashcards
Modeled after the term “whitewashing,” this term describes the marketing practice of making unsubstantiated sustainability claims.
Greenwashing
An international NGO that works with hundreds of national bodies to develop specifications for products, services, and systems. They have developed more than 21,000 international standards, including several that relate to sustainability
International
Organization for
Standards (ISO)
A family of standards that provide guidance on developing environmental management system and greenhouse gas reporting
ISO 14000
Provides guidance on internal and external auditing procedures for management systems.
IS 19011
Provides guidance on the social responsibility of businesses and other organizations.
ISO 26000
A tool to measure, assess and manage the performance of a product from raw materials through production, use, and end-of-life phases. The process entails compiling data on the inputs and outputs of a system, in order to evaluate the potential impacts that will result throughout its life cycle
Life cycle assessment (LCA)
Based on the UNDHR, ILO, and international laws, this certification, developed by Social Accountability International (SAI), addresses workplace conditions across the industrial sector. The underlying standard applies a systems approach, setting forth structures and procedures that ensure continuous compliance.
Social Accountability Standards 8000 (SA 8000)
Developed by World Resources Institute (WRI) and World Business Council on Sustainable Development (WBCSD), this protocol provides a global standard for measuring, managing, and reporting on greenhouse gas emissions. In addition to their Corporate Standard, they provide industry specific guidance on Scope 3, Supply Chain, Product Life Cycle, and reduction Project accounting.
Greenhouse Gas (GHG) Protocol
The total GHG emissions from fossil fuel use.
Carbon footprint
When developing a GHG inventory, an organization performs an assessment of this to determine the method by which they will consolidate their emissions inventory—using either an equity or control approach.
Organizational boundary
When developing a GHG inventory, an organization performs an assessment of this to determine which direct and indirect emissions are a consequence to operations and therefore must be reported upon
Operational boundary
emissions that result from the activities of a reporting entity, but occur at sources owned or controlled by another entity. They are associated with the purchase of electricity.
indirect emissions
This group of emissions encompasses direct emissions from sources within the reporting entity’s organizational boundaries. It includes such emissions as derived from burning natural gas onsite, refrigerant leakage, and company owned vehicle emissions.
scope 1
This refers to the indirect emissions that result from the use of grid-supplied electricity.
scope 2
These emissions are the result of activities that happen throughout the value chain, outside an entity’s direct control. Examples include employee commuting, freight, and supplier impacts.
scope 3
In corporate GHG accounting, this is a specific year (or an average over multiple years) against which an organization’s impacts are tracked over time.
base year
This term refers to emissions levels represented by the status-quo-ante in GHG Project Accounting. To evaluate project additionality (including GHG emissions reductions, removals, or storage), a project accountant develops various scenarios against this point in time.
baseline
A fundamental principle of financial disclosure, this test (as defined by the US Supreme Court) determines whether there is “a substantial likelihood that the disclosure of the omitted fact would have been viewed by the reasonable investor as having significantly altered the ‘total mix’ of information made available”.
materiality
Drives the disclosure of measurement information to improve the way companies manage their environmental risk over the long-term. They work with nearly 1,000 institutional investors to report Climate, Water, and Deforestation impacts, as well as, the performance of Supply Chains. In addition, their public sector program works with cities, states and regions to improve environmental performance.
Carbon Disclosure
Project (CDP)
This global standard is used to develop credible voluntary carbon unit (VCU) credits.
Voluntary Carbon
Standard (VSC)
Instruments used to trade carbon emissions among parties in either the voluntary or compliance markets
Carbon credits