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Sustainability glossary

Sustainability glossary

Amfori Business Social Compliance Initiative (BSCI): European network for social supplier audits.

Aquaculture Stewardship Council (ASC): International organization working for environmental labeling of farmed fish and shellfish. ASC reviews environmental and social aspects of fish and shellfish farming. The standard is supported by WWF and certified products are automatically green-listed.

Ethical Trading Initiative (ETI): Initiative that brings together companies, trade unions, civil society, and public actors to ensure good working conditions and human rights in global supply chains.

Fairtrade: Product labeling of goods aimed at improving working and living conditions for growers and workers in developing countries. The labeling means that the product meets the international criteria.

Forest Stewardship Council (FSC): Independent, international organization that works for environmentally appropriate, socially responsible, and economically viable use of the world's forests through a certification system.

Global Food Safety Initiative (GFSI): A business-driven initiative for continuous improvement of food safety management systems.

Global Compact: UN initiative to encourage corporate participation in development within human rights, working conditions, and the environment.

Global Deal Declaration: with commitments that will lead to the world's countries achieving the UN's global development goals on decent working conditions and economic growth as well as increased equality.

Global Reporting Initiative (GRI): Standard with guidelines for sustainability reporting. The guidelines are based on principles and indicators that organizations use to measure and report their sustainability work.

Greenhouse Gas Protocol (GHG): Global standard for calculating, managing, and reporting greenhouse gas emissions.

IP Sigill: Standard for certification of more sustainable production of food and flowers based on criteria such as food safety, animal welfare, environmental responsibility, and working conditions.

Marine Stewardship Council (MSC): International organization working for environmental labeling of fish and shellfish. The labeling shows that the fish comes from viable stocks and has been caught with low environmental impact.

Roundtable on Sustainable Palm Oil (RSPO): Organization that stipulates criteria for sustainably produced palm oil regarding, for example, the preservation of forest areas with particularly valuable ecosystems and the use of pesticides.

Science Based Targets initiative (SBTi): Organization that helps companies set climate targets in line with the Paris Agreement to limit greenhouse gas emissions and global warming.

Substitute it Now (SIN): Database of particularly hazardous substances that are not yet covered by legislation.

See also:

Industry related glossary

Financial definitions and glossary

Categories: Sustainability