Procurement glossary: Sustainability & compliance
33 terms on Sustainability & compliance.
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- CBAMCarbon Border Adjustment Mechanism · EU Carbon Border Tax · CBAM RegulationCBAM (Carbon Border Adjustment Mechanism) is the European Union's carbon border adjustment system, under which imported, emissions-intensive goods have been sub
- Child labour risk assessmentKinderarbeitsrisiko-Analyse · Child Labour Risk Assessment · Menschenrechtsrisikoanalyse KinderarbeitThe child labour risk assessment is a structured process for identifying, evaluating and minimising the risk of child labour occurring in one's own supply chain
- Circular EconomyCircular Economy · circular economy · Closed-LoopThe circular economy describes an economic model in which materials and products remain in use, reuse, reprocessing and recycling for as long as possible, inste
- CO2 PriceCarbon Price · CO2 Pricing · CO2 Shadow PriceThe CO2 price is the monetary price that emitters must pay for emitting carbon dioxide or CO2 equivalents, whether via certificates, taxes or levies. For indust
- CO2eCO2 equivalent · carbon dioxide equivalent · CO2 equivalentCO2e stands for CO2 equivalents and denotes the unit in which all greenhouse gas emissions are uniformly measured and compared. For buyers, CO2e is increasingly
- Conflict Mineralsconflict minerals · 3TG · 3T+GConflict minerals are minerals and metals whose extraction and trade in conflict-affected or high-risk areas can finance human rights abuses and violence. For i
- Conflict Minerals Certificate of OriginCMRT · Conflict Minerals Reporting Template · 3TGThe certificate of origin for conflict minerals documents the sources from which tin, tantalum, tungsten and gold (3TG) in delivered products originate. For buy
- Corporate Sustainability Due Diligence (CSDDD)CSDDD · CSDD · EU Due Diligence DirectiveThe Corporate Sustainability Due Diligence (CSDDD) is an EU Directive that obliges companies to identify, prevent, mitigate and remediate human rights and envir
- Corporate Sustainability Due Diligence Directive (CSDDD)CS3D · EU supply chain due diligence · Corporate Sustainability Due DiligenceThe Corporate Sustainability Due Diligence Directive (CSDDD) is an EU directive obliging companies to exercise human rights and environmental due diligence in t
- Corporate Sustainability Reporting Directive (CSRD)EU Sustainability Reporting Directive · CSRD Directive · Sustainability Reporting DirectiveThe Corporate Sustainability Reporting Directive (CSRD) is an EU directive requiring companies to expand and standardise their sustainability reporting. It is r
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- EcoVadis RatingEcoVadis Score · EcoVadis Medal · Sustainability RatingThe EcoVadis rating is a standardised assessment of a company's sustainability performance in the areas of environment, labour and human rights, ethics and sust
- ESG Risk RatingESG-Rating · ESG-Score · ESG Risk AssessmentThe ESG Risk Rating is a standardised assessment used to measure the risk that a supplier, site or business partner poses in the dimensions of environment (Envi
- EU TaxonomyEU Taxonomy Regulation · Taxonomy Regulation · EU Sustainable Finance TaxonomyThe EU Taxonomy is a classification system of the European Union that categorises economic activities according to whether they qualify as environmentally susta
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- Packaging recyclabilityRecyclability · Design for Recycling · Packaging recyclabilityPackaging recyclability describes the extent to which a packaging can be materially recovered after use and returned to existing recycling systems. For industri
- Product Carbon Footprint (PCF)PCF · Product Carbon Footprint · product-specific carbon footprintThe Product Carbon Footprint (PCF) is the product-specific accounting of all greenhouse gas emissions generated across a product's entire life cycle – from raw
- Product Environmental Footprint (PEF)PEF · product environmental footprint · Product Environmental Footprint Category RulesThe Product Environmental Footprint (PEF) is a methodology developed by the European Commission for the standardised measurement of the environmental footprint
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- Recyclability AssessmentRecyclierbarkeitsbewertung · Recyclability Assessment · RecyclingfähigkeitsprüfungThe recyclability assessment is the systematic examination of the extent to which a product, assembly or material can be properly returned to the material cycle
- Recycled content rateRecyclatquote · Recyclatanteil · Recycled Content RateThe recycled content rate describes the proportional content of recyclate, i.e. recycled material, in a product, a component or packaging. For technical buyers,
- Recycling Raterecycling rate · recycling share · recovery rateThe recycling rate describes the proportion of a material, product or waste stream that is returned to the value creation cycle. For buyers and supply chain man
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- SBTi targetsScience Based Targets · SBTi · Science Based Targets initiativeSBTi targets are climate targets that have been set and validated in accordance with the requirements of the Science Based Targets initiative (SBTi). They give
- Science Based TargetsSBT · SBTi targets · science-based climate targetsScience Based Targets (SBTs) are corporate climate targets that are aligned with the Paris Agreement and derive the required reduction in greenhouse gas emissio
- Scope 1 emissionsScope 1 · direct emissions · Direct EmissionsScope 1 emissions comprise all direct greenhouse gas emissions arising from a company's own facilities and vehicles. For buyers and supply chain managers, they
- Scope 2 EmissionsScope 2 · Category 2 Emissions · Market-Based Scope 2Scope 2 emissions are the indirect greenhouse gas emissions arising from the generation of purchased energy such as electricity, heat, steam or cooling. For ind
- Scope 3 EmissionsScope 3 Emissions · Scope 3 GHG · indirect value chain emissionsScope 3 emissions cover all greenhouse gas emissions generated indirectly along a company's value chain – both in upstream inputs and in the use and disposal of
- Second-Life UtilisationSecond Use · Reuse · RemanufacturingSecond-life utilisation refers to the reuse of products, components or materials in a second deployment cycle after their primary purpose of use has been comple
- Supplier ESG Improvement PlanESG Action Plan · Supplier Sustainability Improvement Plan · Supplier Sustainability Action PlanA supplier ESG improvement plan is a structured, time-bound action programme with which companies systematically remediate environmental, social and governance
- Supply Chain Carbon Footprint (SCF)SCF · Supply Chain CO₂ Footprint · Carbon Footprint of the Supply ChainThe Supply Chain Carbon Footprint (SCF) describes the entirety of greenhouse gas emissions generated along a company's entire supply chain – from raw material e
- Supply Chain DecarbonisationSupply Chain Decarbonization · Scope 3 Reduction · Klimaneutrale LieferketteSupply chain decarbonisation refers to the systematic reduction of greenhouse gas emissions along the entire value chain, in particular Scope 3 emissions, which
- Sustainable packaging categorySustainable Packaging Procurement · Packaging category · Green Packaging SourcingThe sustainable packaging category describes the procurement of packaging materials and packaging solutions under explicit ecological and social criteria. For i