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Key Terminology

This guide provides definitions and explanations of essential terms used in carbon accounting, emissions management, and sustainability reporting.

Greenhouse Gases

  • Carbon dioxide (CO₂)
  • Methane (CH₄)
  • Nitrous oxide (N₂O)
  • Hydrofluorocarbons (HFCs)
  • Perfluorocarbons (PFCs)
  • Sulfur hexafluoride (SF₆)
  • Nitrogen trifluoride (NF₃)

Carbon Accounting Fundamentals

  • Carbon footprint
  • Carbon inventory
  • Global Warming Potential (GWP)
  • CO₂ equivalent (CO₂e)
  • Emission factor
  • Activity data
  • Base year
  • Carbon intensity
  • Carbon neutral
  • Net zero
  • Climate positive

Emission Scopes

  • Scope 1 emissions
  • Scope 2 emissions
  • Scope 3 emissions
  • Location-based accounting
  • Market-based accounting
  • Organizational boundaries
  • Operational boundaries

Carbon Markets and Offsets

  • Carbon credit
  • Carbon offset
  • Additionality
  • Permanence
  • Leakage
  • Verification
  • Validation
  • Registry
  • Vintage

Reporting and Compliance

  • Materiality
  • Assurance
  • Verification
  • Disclosure
  • Compliance
  • Due diligence
  • Greenwashing
  • Double counting
  • Science-based targets

Sustainability Concepts

  • Circular economy
  • Life cycle assessment (LCA)
  • Embodied carbon
  • Operational carbon
  • Decarbonization
  • Climate mitigation
  • Climate adaptation
  • Just transition
  • ESG (Environmental, Social, Governance)