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Glossary

ESG and carbon market glossary

The most common ESG and carbon market terms, explained in a few plain lines each. Click any term for the…

What is the TCFD

TCFD (Task Force on Climate-related Financial Disclosures) was a framework created to standardize how companies report financial climate risk, coverin

What is REDD+

REDD+ (Reducing Emissions from Deforestation and Forest Degradation) is a category of carbon project that generates credits by preventing deforestatio

What is the voluntary carbon market

The voluntary carbon market is where companies and individuals buy carbon credits by choice, to offset emissions, without a law…

What is greenwashing

Greenwashing is communicating a sustainability image that doesn't match the reality of a company's actions or data, whether through exaggeration,…

What is double materiality

Double materiality is the principle, used by the CSRD, that a company must report two kinds of impact: how sustainability…

What is the GHG Protocol

The GHG Protocol is the most widely used international standard for measuring and reporting greenhouse gas emissions, organizing the inventory…

What is the SBCE (Brazil’s emissions trading system)

The SBCE (Brazilian Emissions Trading System) is Brazil's regulated carbon market, created by Law 15,042/2024. It has five implementation phases:…

What is CBAM

CBAM (Carbon Border Adjustment Mechanism) is the EU mechanism that charges for the carbon embedded in imported products such as…

What is the CSDDD

The CSDDD (Corporate Sustainability Due Diligence Directive) is the EU directive requiring large companies to identify, prevent and remedy negative…

What is the CSRD

The CSRD (Corporate Sustainability Reporting Directive) is the EU directive requiring companies to report sustainability data to an auditable standard

What is net zero

Net zero is the state in which a company's, country's or process's greenhouse gas emissions are cut to the lowest…
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