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Glossary Flashcards

1
Q

AL: Abatement Lever

A

A library of initiatives users could implement to reduce their carbon footprint

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2
Q

Activity

A

Process or product in the value chain of the company. For example, if your end product is an energy drink, some of the activities would include manufacturing the container, bottling, transporting it to end customers, etc.

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3
Q

Allocation

A

The process of partitioning GHG emissions from a single facility or other system (e.g., vehicle, business unit, corporation) among its various outputs

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4
Q

Anthropogenic CO₂ Emissions

A

Emissions produced by human activities such as the burning of fossil fuels, deforestation, and land use changes.
Opposite of Biogenic CO2 emissions

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5
Q

API: Application Programming Interface

A

API stands forApplication Programming Interface. In the context of APIs, the word Application refers to any software with a distinct function. Interface can be thought of as a contract of service between two applications.

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6
Q

ATD

A

American Tire Distributors

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6
Q

Base Year

A

A historical datum (e.g., year) against which a company’s emissions are tracked over time.

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7
Q

Baseline

A

A hypothetical scenario for what GHG emissions would have been in the absence of a GHG project or reduction activity.

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8
Q

Biogenic CO₂ emissions

A

Carbon dioxide (CO₂) emissions that are produced from the metabolic processes of living organisms, including respiration, decomposition, and fermentation. These emissions can come from a variety of sources, including animals, plants, and microorganisms. Biogenic CO₂ emissions can have a significant impact on a company’s greenhouse gas emissions, particularly for companies in sectors such as agriculture, forestry, and waste management.

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9
Q

C2G: Scope 3 upstream activities / cradle-to-gate activities

A

includes all other indirect emissions that are linked to material acquisition or pre-processing. before the company’s scope 1 and 2 activities

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10
Q

CCF: Company Carbon Footprint

A

A corporate carbon footprint includes all of the GHG emissions associated with the operations of a company, including emissions from energy use, transportation, and waste disposal. This information provides a broad understanding of the company’s overall environmental impact, but it does not provide detailed information about the environmental impact of individual products.

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11
Q

CCUs

A

Carbon Capture Utilisation and Storage

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12
Q

CDP

A

Carbon Disclosure Project

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13
Q

CO₂e: CO₂ equivalent

A

The universal unit of measurement to indicate the global warming potential (GWP) of each greenhouse gas, expressed in terms of the GWP of one unit of carbon dioxide. It is used to evaluate releasing (or avoiding releasing) different greenhouse gases against a common basis.

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14
Q

Company

A

The term company is used in this standard as shorthand to refer to the “entity developing a scope 3 GHG inventory”

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15
Q

Control Approach

A

A company accounts for 100 percent of the GHG emissions from operations over which it has control

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16
Q

COP: Conference of Parties

A

Annually, all signatories of the UNFCCC come together at a ‘Conference of Parties

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17
Q

CPG: Consumer Packaged Goods

A

Industry term formerchandise that customers use up and replace on a frequent basis (food, beverages, cosmetics, cleaning products…)

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18
Q

Cradle-to-gate

A

All emissions that occur in the life cycle of purchased products, up to the point of receipt by the reporting company

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19
Q

CTM: Case Team Meeting

A

BCG term for a demo, knowledge sharing, or working session on a topic

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20
Q

Cycle

A

The time unit used in the application. A cycle can either be a month, a quarter, or a year.

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21
Q

Direct Emissions

A

Emissions from sources that are owned or controlled by the reporting company.

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22
Q

Double Counting

A

cf.Corporate Value Chain (Scope 3) Accounting and Reporting Standard
Double counting within scope 3 occurs when two entities in the same value chain account for the scope 3 emissions from a single emissions source.

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23
Q

DV: Digital Ventures

A

Subsidiary of BCG responsible for creating POC and MVP of products to launch for their corporate clients (sometimes as a joint-venture).

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24
Q

EAP: Early Access Program

A

How Collaborate squad calls their pilot user testing program

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25
Q

EF: Emissions Factor

A

Emission of CO2-equivalent gas produced by one activity, expressed in mass of CO2 per activity unit.
Example: EF for driving a car in the USA is 122gCO2e/km in average

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26
Q

Emissions Intensity Metric

A

calculate emissions per a relevant unit of measure (example: total lifetime emissions
/ number of functional units performed over lifetime of sold products)

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27
Q

Equity Share Approach

A

A company accounts for GHG emissions from operations according to its share of equity in the operation

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28
Q

ETL: Extract, Transform and Load

A

Software to do data integration and data cleaning.
Extract, transform, and load (ETL) isthe process of combining data from multiple sources into a large, central repository called a data warehouse. ETL uses a set of business rules to clean and organize raw data and prepare it for storage, data analytics, and machine learning (ML).

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29
Q

ETS: Emissions Trading System

A

Polluters who would find it costly to reduce their emission are allowed to buy emission allowances from polluters that can abate at lower costs. There are two main types of trading systems: “Cap-and-trade systems” and “baseline-and-credit systems”. In a cap-and-trade system, an upper limit on emissions is fixed, and emission permits are either auctioned out or distributed for free according specific criteria. Under a baseline-and-credit system, there is no fixed limit on emissions, but polluters that reduce their emissions more than they otherwise are obliged to can earn ‘credits’ that they sell to others who need them in order to comply with regulations they are subject to.

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30
Q

FLAG: Forest, Land and Agriculture Target

A

Concept of considering emissions and reduction targets specifically by their impact on Forest, Land and Agriculture. The SBTi protocole now requires to do reporting with this split in data. Quantis has a very strong experience with FLAG EFs.

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31
Q

Footprint

A

A high-level picture of a company’s emissions that encompasses all its activities.

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32
Q

GBU: Global Business Unit

A
33
Q

GHG: Greenhouse Gas

A

A greenhouse gas (GHG or GhG) is a gas that absorbs and emits radiant energy within the thermal infrared range, causing the greenhouse effect and global warming

34
Q

GHGP: Greenhouse Gas Protocol

A

Provides the standards for measuring climate-warming emissions. https://ghgprotocol.org/

35
Q

Greenhouse Gas Inventory

A

A quantified list of an organization’s GHG emissions and sources.

36
Q

GWP: Global Warming Potential

A

A factor describing the radiative forcing impact (degree of harm to the atmosphere) of one unit of a given GHG relative to one unit of CO₂.

37
Q

Indirect Emissions

A

Emissions that are a consequence of the activities of the reporting company, but occur at sources owned or controlled by another company.

38
Q

Initiative

A

Definition of a proposed set of changes (historically layers) to reduce one’s emisison in a particular area “switch our France fleet of cars to electrical”

39
Q

KAM: Key Account Manager

A

Customer success representative responsible for a big client account.

40
Q

LCA: Life Cycle Analysis

A

A product carbon footprint (PCF) calculation is a subset of a lifecycle assessment (LCA). While the PCF calculation focuses specifically on the greenhouse gas emissions associated with the production, use, and disposal of a product, an LCA evaluates a wider range of environmental impacts across the entire life cycle of a product. More detail here and visual here

41
Q

Life Cycle Database

A

Collections of data that provide information on the environmental impacts of products and processes throughout their life cycles, from raw material extraction to disposal or end-of-life treatment

42
Q

MACC: Marginal Abatement Cost Curve

A

A MACC (Marginal Abatement Cost Curve) presents the costs or savings expected from different initiatives, alongside the potential volume of emissions that could be reduced if implemented. They use the metric of dollars per tonne of carbon dioxide equivalent – usually represented as USD/tCO2e.

43
Q

Materiality

A

Material means Important, Significant. We talk about Materiality in carbon accounting/reporting, it is about only caring about emissions that are significant overall (like focusing on the hot spots of the footprint).

44
Q

Materiality Threshold

A

Establishes an acceptable percentage (or absolute quantity) difference between - the company’s emissions inventory - and the verifier’s belief of what the company’s emissions would be if all omitted sources were accounted for

45
Q

MDP: Managing Director and Partner

A

BCG’s big bosses. They are 1600 of them, but they kinda all report just to themselves 😅

46
Q

MECE: Mutually Exclusive, Collectively Exhaustive

A

Separating a set of items into subsets that aremutually exclusive(ME) andcollectively exhaustive(CE). Ie breaking down in separated parts.

47
Q

NDCs: Nationally Determined Contributions

A

emission reductions from 2020 on through commitments of countries, done during Paris COP.

48
Q

Net Zero

A

Put simply, net zero means cutting greenhouse gas emissions to as close to zero as possible, with any remaining emissions re-absorbed from the atmosphere, by oceans and forests for instance. To keep global warming to no more than 1.5°C–as called for in theParis Agreement– emissions need to be reduced by 45% by 2030 and reach net zero by 2050.

49
Q

NETs: Negative Emissions Technologies

A

include – Carbon Capture & Sequestration (CCS): Capturing CO2 before it gets emitted and storing it somehow which prevents it from leaking into the atmosphere
– Nature-Based Solutions: Using nature’s innate ability to store carbon using the power of the sun (i.e. trees)

50
Q

NPV: Net Present Value

A
51
Q

Organisational Boundaries

A

Boundaries that determine the operations owned or controlled by the reporting company, depending on the consolidation approach taken (equity or control approach).

52
Q

PCF: Product Carbon Footprint

A

Product carbon footprint specifically refers to the amount of GHG emissions associated with the production, use, and disposal of a product. It is usually measured in carbon dioxide equivalents (CO2e) and includes emissions from sources such as energy use, transportation, and manufacturing processes.

53
Q

PE: Product Ecosystem

A

Product in partnership with CDP (@CDP: Carbon Disclosure Project) to collect emissions from suppliers

54
Q

PF: Proposal Factory

A

Team within BCG that coordinates with CO2 AI on common deals

55
Q

Procurement

A

In the context of the GHG Protocol, procurement refers to the process of acquiring goods or services from external suppliers. This includes the purchase of raw materials, intermediate goods, and finished goods, as well as the acquisition of services such as consulting, transportation, and maintenance.

56
Q

QBR: Quarterly Business Review

A

Meeting that the Sales team runs with every client every 3 months to make sure everything is ok with them and look for upsell/crossell/renewal.

57
Q

Radiative forcings

A

Positive radiative forcing means Earth receives more incoming energy from sunlight than it radiates to space. This net gain of energy will cause warming.

58
Q

RFP: Request for Proposal

A

A document that organizations use to invite vendors/suppliers to submit proposals to fulfill a specific need or requirement. It outlines the project details, expectations, evaluation criteria, and timelines. The purpose of an RFP is to gather competitive bids and select the most suitable vendor or provider for the project.
CO2 AI has to respond to RFP for prospects, but also our clients send RFP to their suppliers.

59
Q

Roadmap

A

The list of initiatives that were selected by the client as the plan ahead for their reduction. It is applied to a given footprint and projected in the future to see what future footprints should look like

60
Q

S1: Scope 1

A

direct emissions from owned or controlled sources (company owned chemical processes, vehicles, power and heat production)

61
Q

S2: Scope 2

A

indirect emissions from the generation of purchased electricity, steam, heating and cooling consumed (purchased electricity from the grid, purchased heat, fuel in leased vehicles etc.)

62
Q

S3: Scope 3

A

includes all other indirect emissions that occur in a company’s value chain (production of purchased materials, transportation of purchased fuels / sold products / waste, employee business travel, product usage etc)

63
Q

SAI: Sustainable Agriculture Initiative

A

A global initiative focused on the food and drink industry. It aims to support the development, implementation, and continuous improvement of sustainable agriculture practices involving stakeholders across the food value chain.
https://saiplatform.org/programmes-and-tools/ (mentioned by Danone)

64
Q

SBTi: Science Based Targets Initiative

A

Methodology that allows to determine organisation’s emission reduction targets based on the latest climate-science

65
Q

Scope 3 downstream activities

A

includes all other indirect emissions that are linked to distribution and storage, use or end of life of the product, after the company’s scope 1 and 2 activities.

66
Q

SDA: Sectorial Decarbonisation Approach

A

Physical intensity (based on fixed budget allocated to each sector). Reduction in emissions relative to a specific business metric (tCO2e/ vehicle produced and gCO2/vehicle km)

67
Q

SDP: Sustainable Dairy Partnership

A

Program to unify sustainability data collection for dairy farms
https://saiplatform.org/sdp/

68
Q

SE: Search Engine

A

Backend module to match business activities and Emission Factors

69
Q

Significance Threshold

A

A qualitative or quantitative criteria used to define a significant structural change. It is the responsibility of the company/ verifier to determine the “significance threshold” for considering base year emissions recalculation. In most cases the “significance threshold” depends on the use of the information, the characteristics of the company, and the features of structural changes.

70
Q

SKU: Stock Keeping Unit

A

SKU stands for “stock keeping unit” and is a number that retailersuse to differentiate products and track inventory levels.An SKU is typically eight alphanumeric digits long.Products are assigned different SKU numbers based on various characteristics, such as price, manufacturer, color, style, type, and size.
SKUs aren’t universal; they’re meant to be unique to your business and can be tailored to fit your needs or those of your vendors and customers.

71
Q

T1: Tier 1 Supplier

A

A supplier that provides or sells products directly to the reporting company. A tier 1 supplier is a company with which the reporting company has a purchase order for goods or services.
Tier 1 suppliers are companies with which the reporting company has a purchase order for goods or services (e.g., materials, parts, components, etc.).

72
Q

T2: Tier 2 supplier

A

A supplier that provides or sells products directly to the reporting company’s tier 1 supplier. A tier 2 supplier is a company with which the reporting company’s tier 1 supplier has a purchase order for goods and services.

73
Q

TFS: Together for Sustainability

A

Consortium in chemical industry interested in using Product Ecosystem to exchange emission information. https://www.tfs-initiative.com/

74
Q

TPI: Transition Pathway Initiative

A

The Transition Pathway Initiative (TPI) is a global, asset-owner led initiative/methodology which assesses companies’ preparedness for the transition to a low carbon economy

75
Q

Turnover

A

The amount of money taken by a business in a particular period. Synonym to “revenues”.

76
Q

Uncertainty

A
  1. Statistical definition
    A parameter associated with the result of a measurement that characterizes the dispersion of the values that could be reasonably attributed to the measured quantity. (e.g., the sample variance or coefficient of variation).
  2. Inventory definition
    A general and imprecise term which refers to the lack of certainty in emissions-related data resulting from any causal factor, such as the application of non-representative factors or methods, incomplete data on sources and sinks, lack of transparency etc. Reported uncertainty information typically specifies a quantitative estimates of the likely or perceived difference between a reported value and a qualitative description of the likely causes of the difference.
77
Q

UNFCC: United Nations Framework Convention on Climate Change

A

is an international environmental treatment with the objective to “stabilize greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system”

78
Q

Value Chain

A

All of the upstream and downstream activities associated with the operations of the reporting company, including the use of sold products by consumers and the end-of-life treatment of sold products after consumer use.

79
Q

WB2D: well below 2 degrees

A

used to talk about emission reduction targets

80
Q

XDC: xdegree compatibility

A

The XDC is a methodology that measures a company’s contribution to global warming by expressing how much the earth would warm up by 2050, if all companies were as emission-intensive as the company in question

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