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Sunday, 6 July 2025, 3:42 AM
Site: ESG Business Institute
Course: ESG Business Institute (ESG Business Institute)
Glossary: Glossary
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Nexus

Nexus is the leading global knowledge hub for managing and sharing water, Energy, and food security resources. It enables practitioners, researchers, and policymakers to think beyond sectors to ensure access to water, Energy, and food for all.

Link: https://www.water-energy-food.org/about-us
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Organisation for Economic Co-operation and Development (O.E.C.D.)

The Organisation for Economic Co-operation and Development (OECD) is an international organization that works to build better policies, establish evidence-based international standards and find solutions to various social, economic, and environmental challenges.

Link: https://tinyurl.com/yc2myhau
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Pink Washing

Pink Washing is defined as The corporate or political misuse of the LGBTQIA+ movement to promote themselves as "gay-friendly" to win progressive support while concealing contrary features and actions.

Positive Screening

Positive screening is finding companies that score highly on environmental, social, and governance (ESG) factors relative to their peers.

Link: https://tinyurl.com/4wb7bdhc
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Race to Zero

A UN-led global campaign that seeks to mobilize a coalition of non-state actors to achieve net-zero carbon emissions by 2050. Global Citizen supports this initiative by encouraging individuals and organizations to commit to this goal and take immediate action to combat climate change. .

https://www.globalcitizen.org/en/content/race-to-zero-net-zero-emissions-climate/
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Scope 1 GHG Emission

Scope 1 Emission refers to the Green House Gas (GHG) emissions that a company makes directly — for example, while running its boilers and vehicles.

Scope 2 GHG Emission

Scope 2 Emission are the emissions company makes indirectly, such as electricity or energy it buys for heating and cooling buildings. 

Scope 3 GHG Emission

Scope 3 Emission refers to all emissions associated, not with the company itself, but that the organization is indirectly responsible for, up and down its value chain (e.g., transportation, etc.)   

Shareholder Primacy

A corporate governance philosophy that prioritizes maximizing shareholder value above the interests of other stakeholders, such as employees, customers, and the community. .

https://corporatefinanceinstitute.com/resources/equities/what-is-shareholderprimacy/

Social Enterprise

Investopedia defines a social enterprise or business as a business with specific social objectives that serve its primary purpose. Social enterprises seek to maximize profits while maximizing benefits to society and the environment. The profits are principally used to fund social programs.

Link: https://tinyurl.com/238jjncd
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