Circular EconomyThe circular economy is a production and consumption model involving sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended. |
COPCOP, or Conference of the Parties, is a global climate summit joined by almost all countries worldwide to address and tackle the pressing issue of climate change. The most recent COP, widely known as COP 27, was held in Sharm El-Sheikh in November 2022. |
CSRIn the simplest form, CSR includes all the practices put in place by companies to contribute to social and environmental impact positively. |
Environment (ESG)Environmental criteria consider how a company safeguards the environment, including corporate policies addressing climate change. Energy and water usage, Waste Management, Carbon emission and offset, Toxic product/waste, etc. |
Fast FashionFast Fashion is a term used to describe clothing designs that move quickly from the catwalk to stores to take advantage of trends and consumerism. Fast Fashion is widely criticized for polluting the environment, particularly water, and exploiting the workforce in developing countries. |
FrameworkESG Framework is a general guideline or principles-based guidance on how ESG information is structured and prepared and what broad topics are covered in an ESG report. |
GHGGreen House Gasses (GHG) are any gasses that absorb heat and radiate heat in the earth's atmosphere, which causes the earth to cool down more slowly. Some of the most common GHG include Carbon Dioxide, Water Vapor, Methane, and Nitrous Oxide. Link: https://tinyurl.com/yw5sbs8z |
Governance (ESG)Governance refers to the topic of how a company is governed. These include board and management structures, company policies, executive pay, audits, internal controls, shareholder rights, and more. |
Green WashingGreen Washing is where a company spends more resources to falsely market itself as sustainable instead of reducing its environmental impact. |
Inclusive BusinessInclusive businesses are companies that develop innovative ways to do commercially viable business with people living at the pyramid's base (BOP) and expand access to basic products and services. |