Business Decarbonisation Support

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Business Decarbonisation Support

4.1 Glossary Table 4-1: Glossary of Terms Key Term

Definition

BREEAM

An international sustainability assessment used for infrastructure and building projects. Ratings are based on a mix of environmental, social, and economic factors.

Carbon footprint

The amount of carbon dioxide released into the atmosphere from the activities of an individual, organisation, or community in a given period (usually one year).

Carbon neutral

Carbon neutrality refers to a state in which the level / volume of carbon dioxide (CO2) emissions is compensated by the equivalent volume through carbon offsetting activities (e.g. tree planting, protection of existing forests). It refers to CO2 only, and any volume of emissions can be offset. This differs from Net Zero (see below)

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Carbon Disclosure Project (CDP)

A non-for-profit charity that runs the global disclosure system for investors, businesses, and other entities to manage their environmental impacts.

Circular economy

A form of economy where all energy and materials within a product’s life are repeatedly reused, resold, repaired, and refurbished.

CO2 emissions

Carbon Dioxide emissions only.

CO2e emissions

‘Carbon dioxide equivalent’ includes CO2 and other greenhouse gases such as methane, ozone, and nitrous oxide. This gives a fuller picture of the environmental impact of an activity.

Cycle to Work scheme

A government scheme which allows employees to buy bikes through their employer. The cost is tax-free and spread over 12 months.

Decarbonisation

The process by which countries, individuals or other entities (such as business) aim to reduce and eliminate GHG emissions. This typically refers to a reduction of the carbon emissions associated with electricity, industry and transport.6

Electric vehicle (EV)

Vehicles that are either partially or fully powered by electricity. They use rechargeable batteries rather than fuel.

End-of-life

A product at the end of its useful life, becoming waste.

Energy consumption

Total energy used to perform an action. Can include electricity, gas, and water.

https://www.ipcc.ch/sr15/chapter/glossary/

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