Glossary

A network of 114 central banks and financial supervisors that aims to accelerate the scaling up of green finance and develop recommendations for central banks' role in climate change.

Link: https://tinyurl.com/39dm25wb

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

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

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

Link: https://tinyurl.com/4wb7bdhc

Race to Zero Is an UN-backed global campaign to rally leadership and support. From businesses, cities, regions, and investors for a healthy, resilient, zero-carbon recovery that prevents future threats, creates decent jobs, and unlocks inclusive, sustainable growth. It mobilizes a coalition of leading net-zero initiatives, representing 11,309 non-State actors, including 8,307 companies, 595 financial institutions, 1,136 cities, 52 states and regions, 1,125 educational institutions, and 65 healthcare institutions (as of September 2022). These ‘real economy’ actors join the largest-ever alliance committed to achieving net zero carbon emissions by 2050 at the latest.

Link: https://tinyurl.com/2p9kujbx

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

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 is defined as a business prioritizing the well-being of the shareholder (the owner) above any other business area.

Link: https://tinyurl.com/42rx2kbu