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Wholesale Banking

Do you know your CDP from your CDSB? What about GHCP and GIIRS? It can feel at times like the green finance space is awash with acronyms. Not to worry, though, we’ve pulled together a cheat sheet of the top terms for you to reference as well as some handy green finance links.

A list of acronyms

CDP – Formerly the Carbon Disclosure Project – organization that issues corporate surveys on climate change, water and forestry

CDSB – Climate Disclosure Standards Board – provides guidance on climate reporting and proposed stock exchange listing rules on climate emissions reporting

CO2e – Carbon Dioxide Equivalent

COP21 – United Nations Climate Change Conference held in Paris in 2015

CSR – Corporate Social Responsibility

DJSI – Dow Jones Sustainability Index

ESG – Environmental Social and Governance

FSC – Forest Stewardship Council

GBP – Green Bond Principles

GHGP – Greenhouse Gas Protocol for emissions reporting

GIIRS – Global Impact Investing Rating System – third party ratings for impact investments

GRI – Global Reporting Initiative

ICMA – International Capital Market Association

ILO – International Labor Organization core labor standards

ISO 14001 – International Standards Organization’s Environmental Management System

LEED – Leadership in Energy and Environmental Design for green buildings

RECs – Renewable Energy Credits

RSPO – Roundtable on Sustainable Palm oil

SASB – Sustainability Accounting Standards Board

SDGs – UN Sustainable Development Goals

SPO – Second Party Opinion, an independent assessor to ensure alignment to green bond principles

TCFD – Task-force on Climate related Financial Disclosures develops voluntary consistent climate related financial risk disclosure standards

UNGC – UN Global Compact; companies endorse and report on their progress in meeting 10 CSR principles