Get started – Climate 101

Starting the net-zero journey is not an easy task, also because of the sheer number of climate-specific terms, concepts, and frameworks. In this section, we will provide a high-level overview of the key terms, concepts, and frameworks to be familiar with, to start your net-zero journey.

In this section

2.1 Key sustainability concepts and terminology
  • Scope 1-3 Emissions
  • Absolute Emissions vs. Emissions Intensity
  • Emissions Hotspot
  • Product Life Cycle (PCF) vs. Life Cycle Assessment (LCA)
  • Science-based emission reduction targets
  • Net Zero
2.2 Key sustainability frameworks and initiatives
  • Greenhouse Gas Protocol
  • GRI
  • IFRS Sustainability Disclosure Standards
  • Task Force on Climate-Related Financial Disclosures (TCFD)
  • Transition Plan Taskforce (TPT)
  • CDP
  • Science-based Targets Initiative (SBTi)
  • The SME Climate Hub
  • Guidance on emissions factors
2.3 Key procurement concepts     
  • Supply Market Scanning Process
  • Supply Market Sourcing Process
  • Request for Information document (RFI)
  • Request for Proposal document (RFP)
  • Sustainability in Supplier Contracting
  • Financing Support for Suppliers

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