Glossary

Browse the glossary using this index

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I

Inclusive Business

Inclusive 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.

Index or Ratings

An index or Rating is a system that measures companies' financial results that aim to protect the environment rather than earn a quick profit. Generally, companies with better ratings will be favored more by impact investors as they perform better in the measured areas.

International Labour Organization (ILO)

A United Nations agency whose mandate is to advance social and economic justice by setting international labor standards.

Link: https://tinyurl.com/yeyv4ut3

J

Justice, Equity, Diversity & Inclusion (JEDI)

Justice, Equity, Diversity, and Inclusion (JEDI), are four guiding principles to create a good working environment.

Link:https://tinyurl.com/bdewu6mn

L

Lean Economy

Lean economics is the means of maintaining the stability of an economy that does not grow. Its institutions are designed as essential means to manage and protect its small scale.

Link: https://tinyurl.com/5f7dnnmm

Living Wage

A living wage is a socially acceptable level of income that provides adequate coverage for basic necessities such as food, shelter, child services, and healthcare. Link: https://tinyurl.com/yc3fnyx2

M

Materiality

In an ESG context, Materiality refers to a topic, area, or information that could influence financial outcomes or impact created in an organization.

Minimum Wage

The minimum wage is the minimum amount of remuneration an employer must pay wage earners for the work performed during a given period, which a collective agreement or an individual contract cannot reduce.

Link: https://tinyurl.com/4yc3jrh4

N

Negative Screening

Negative screening is defined as finding companies that score poorly on environmental, social, and governance (ESG) factors relative to their peers.

Link: https://tinyurl.com/ys38w4u2

Net Zero

From the lance of sustainability, Net Zero refers to the state where decarbonization initiatives offset the total carbon released to the environment. Such as tree planting, purchasing Carbon Credit, switching to green energy, etc.

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