Julia Santos
Editor, ESG Minute
Glossary
What is double materiality
Double materiality is the principle that a company must report both how sustainability issues financially affect the business and how…
Glossary
What is the GHG Protocol
The GHG Protocol is the international standard, developed by WRI and WBCSD, for measuring and reporting corporate greenhouse gas emissions…
Glossary
What is the SBCE (Brazil’s emissions trading system)
The SBCE is Brazil's mandatory cap-and-trade system for greenhouse gas emissions, established by Law 15,042/2024, which sets binding emission caps…
Glossary
What is CBAM
CBAM is the EU mechanism that charges importers for the carbon embedded in goods such as steel, aluminium, cement and…
Glossary
What is the CSDDD
The CSDDD (Corporate Sustainability Due Diligence Directive) is the EU directive requiring large companies to identify, prevent and remedy adverse…
Glossary
What is the CSRD
The CSRD is the EU directive that requires companies to report sustainability data under the European Sustainability Reporting Standards (ESRS),…
Glossary
What is net zero
Net zero is the state in which an entity has reduced its greenhouse gas emissions to the lowest feasible level…
Glossary
What are Scope 1, 2 and 3 emissions
Scope 1, 2 and 3 are the GHG Protocol categories that classify corporate emissions as direct (Scope 1), from purchased…
Glossary
What is a carbon footprint
A carbon footprint is the total greenhouse gas emissions, expressed in tonnes of CO2 equivalent, caused by a person, organization,…
Glossary
What is a carbon offset
A carbon offset is the act of compensating for your own greenhouse gas emissions by purchasing and retiring a verified…
Glossary
What is a carbon credit
A carbon credit is a tradeable certificate representing one metric tonne of CO2 equivalent that was avoided or removed from…
CSRD & Rules