The Sustainability Dictionary
Contents
Eight chapters organise 1,086 terms. Search the complete dictionary or enter through a subject chapter.
A–Z index
Finance, data & evidence
165 entries
The timely and affordable ability to choose and obtain quality, appropriate production resources and services needed for a farming system.
EstablishedSustainability LanguageAccess to MarketsThe capability to reach and participate in markets on informed, reliable and fair terms, with realistic choice over buyers, products and conditions of exchange.
EstablishedSustainability LanguageAccountabilityA relationship in which an actor must explain and justify decisions or performance to others who can question the account and trigger correction, consequence or remedy.
EstablishedSustainable Finance & InvestmentActive ownershipActive ownership is the use of investor rights and influence, including engagement and voting, to affect company behaviour or stewardship outcomes.
EstablishedData, Technology & Verification SystemsAI governanceAI governance is the set of policies, roles, controls and review processes used to manage the responsible use of artificial intelligence systems.
EstablishedData, Technology & Verification SystemsAlgorithmic biasAlgorithmic bias is a systematic distortion in automated outputs that can arise from data, design choices, assumptions or deployment context.
EstablishedData, Technology & Verification SystemsAnomaly detectionAnomaly detection is the identification of data points, events or patterns that differ materially from expected behaviour or normal ranges.
EstablishedSustainability LanguageAnonymisationThe transformation of data so that no individual is identifiable by means reasonably likely to be used, taking the data, available auxiliary information and context into account.
EstablishedSustainable Finance & InvestmentAnti-greenwashing ruleAn anti-greenwashing rule is a regulatory or supervisory requirement intended to prevent misleading sustainability claims in financial products, services or communications.
EstablishedData, Technology & Verification SystemsAPI integrationAPI integration is the connection of systems through application programming interfaces so data or functions can be exchanged in a controlled way.
EstablishedSustainability LanguageAssuranceAn independent engagement designed to increase intended users' confidence in defined sustainability information by evaluating it against suitable criteria and reporting a conclusion.
EstablishedData, Technology & Verification SystemsAssurance-ready dataAssurance-ready data is information prepared with enough structure, evidence, controls and traceability to support independent review.
EstablishedSustainability LanguageAuditA systematic, independent and documented process for obtaining objective evidence and evaluating it against defined criteria to determine the extent to which requirements are fulfilled.
EstablishedData, Technology & Verification SystemsAudit evidenceAudit evidence is information used by an auditor or reviewer to support conclusions about whether a claim, control or disclosure is reliable.
EstablishedData, Technology & Verification SystemsAutomated decision-makingAutomated decision-making is the use of software or algorithms to make or materially influence decisions without full manual determination.
EstablishedSustainability LanguageBenchmarkA defined reference point or comparative standard used to interpret performance, set expectations or assess whether a result is stronger, weaker or different from an appropriate comparator.
EstablishedSustainable Finance & InvestmentBest-in-classBest-in-class is an investment approach that favours issuers or companies with stronger sustainability performance relative to peers in the same sector or category.
EstablishedSustainability LanguageBiasA systematic tendency in how evidence is selected, measured, interpreted or used that pushes conclusions away from the reality they are intended to describe.
EstablishedSustainable Finance & InvestmentBlended financeBlended finance is the use of public, philanthropic or concessional capital to mobilise additional private investment for development or sustainability outcomes.
EstablishedData, Technology & Verification SystemsBlockchain traceabilityBlockchain traceability is the use of a distributed ledger to record supply-chain events, transactions or attributes for later verification.
EstablishedSustainability LanguageBurden of ProofThe obligation placed on the person making a claim, taking a decision or seeking an exception to provide evidence sufficient for that position to be accepted.
EstablishedSustainable Finance & InvestmentCatalytic capitalCatalytic capital is capital designed to mobilise additional investment or enable impact by accepting higher risk, lower return, longer timeframes or flexible terms.
EstablishedSustainability LanguageCertificationA third-party attestation that a product, process, service, system or person fulfils specified requirements within a defined scope.
EstablishedData, Technology & Verification SystemsChange detectionChange detection is the comparison of data from different points in time to identify where and how conditions have changed.
EstablishedSustainable Finance & InvestmentClimate transition planA climate transition plan is a time-bound plan describing how an organisation intends to align strategy, operations, capital allocation and governance with climate goals.
EstablishedSustainability LanguageCo-benefitA positive effect on an objective or group beyond the primary purpose of an intervention, demonstrated separately rather than assumed from the intervention's intention.
EstablishedSustainability LanguageCommunity EngagementAn ongoing two-way process through which an organisation builds relationships, shares information, understands impacts, enables affected communities to influence decisions and supports access to remedy.
EstablishedSustainability LanguageComplaints & AppealsA complaint expresses dissatisfaction about a body, process or service, while an appeal asks for reconsideration of a specific decision made within the assurance system.
EstablishedSustainable Finance & InvestmentConcessional capitalConcessional capital is finance offered on terms more favourable than market terms, such as lower returns, longer tenor or higher risk tolerance.
EstablishedSustainability LanguageConsentA freely given, specific, informed and unambiguous indication of a person's wishes, expressed through clear affirmative action and capable of being withdrawn.
EstablishedData, Technology & Verification SystemsContinuous monitoringContinuous monitoring is the regular or near-real-time observation of data, controls, risks or performance indicators over time.
EstablishedSustainability LanguageContributionA substantiated causal role played by an intervention within a wider set of influences, supported by a credible theory of change and evidence that expected mechanisms operated.
EstablishedData, Technology & Verification SystemsControlled vocabularyA controlled vocabulary is an approved list of terms used to reduce ambiguity and keep naming consistent across data, documents or systems.
EstablishedSustainable Finance & InvestmentCoupon step-upA coupon step-up is an increase in bond interest payable when specified conditions are met or missed, commonly linked to sustainability performance in sustainability-linked bonds.
EstablishedData, Technology & Verification SystemsData gapA data gap is a missing, incomplete or insufficient data point that limits analysis, reporting or decision-making.
EstablishedData, Technology & Verification SystemsData lineageData lineage is the record of where data came from, how it moved and how it changed before being used or reported.
EstablishedSustainability LanguageData MinimisationThe principle that personal data collected and processed should be adequate, relevant and limited to what is necessary for a specified purpose.
EstablishedSustainability LanguageData Protection Impact Assessment (DPIA)A documented process carried out before high-risk processing to assess necessity, proportionality and risks to people, and to determine measures that reduce those risks.
EstablishedData, Technology & Verification SystemsData provenanceData provenance is the documented origin and custody of data, including the source, collection method and relevant handling history.
EstablishedSustainability LanguageData QualityThe degree to which data are fit for their intended use across dimensions such as relevance, accuracy, completeness, consistency, timeliness, coherence and interpretability.
EstablishedData, Technology & Verification SystemsData sovereigntyData sovereignty is the principle that data is subject to the laws, governance expectations and control rights of the place or community connected to it.
EstablishedData, Technology & Verification SystemsData standardA data standard is an agreed structure, definition or rule set for recording and exchanging data consistently.
EstablishedSustainability LanguageDecent WorkProductive work carried out in conditions of freedom, equity, security and human dignity, supported by employment opportunity, rights at work, social protection and social dialogue.
EstablishedSustainable Finance & InvestmentDevelopment finance institution (DFI)A development finance institution is a public or publicly backed institution that provides finance to support development objectives, often in emerging or underserved markets.
EstablishedData, Technology & Verification SystemsDigital twinA digital twin is a digital representation of a physical asset, process or system that is updated with data to support analysis or decisions.
EstablishedData, Technology & Verification SystemsDigital verificationDigital verification is the use of digital records, systems or tools to check whether a claim, activity or data point is supported by evidence.
EstablishedData, Technology & Verification SystemsDistributed ledgerA distributed ledger is a shared record system maintained across multiple participants or nodes rather than by a single central database.
EstablishedSustainable Finance & InvestmentDivestmentDivestment is the sale or withdrawal of investment from a company, asset, sector or activity.
EstablishedSustainability LanguageDue DiligenceAn ongoing, risk-based process through which an organisation identifies, prevents, mitigates, tracks and communicates how it addresses adverse impacts, and supports remediation where appropriate.
EstablishedSustainability LanguageEcological ConnectivityThe unimpeded movement of species and the flow of natural processes that sustain life across landscapes, freshwater systems and seascapes.
EstablishedSustainability LanguageEcological IntegrityThe capacity of an ecosystem to maintain its characteristic composition, structure, functions and processes, and to remain resilient within its environmental context.
EstablishedSustainability LanguageEcosystem RestorationThe process of halting and reversing ecosystem degradation so that biodiversity, ecological function and benefits to people can recover.
EstablishedSustainability LanguageEnvironmental ClaimA statement, symbol or representation that communicates or implies that a product, service, organisation or activity has a particular environmental characteristic, performance or effect.
EstablishedSustainability LanguageEquityThe fair distribution of rights, resources, opportunities, risks and benefits, taking account of unequal starting conditions while preserving equal dignity and entitlement.
EstablishedData, Technology & Verification SystemsESG data platformAn ESG data platform is a software system used to collect, organise, analyse and report environmental, social and governance information.
EstablishedSustainable Finance & InvestmentESG investingESG investing is an investment approach that considers environmental, social and governance information in analysis, selection, ownership or risk management.
EstablishedData, Technology & Verification SystemsEstimation methodologyAn estimation methodology is the documented method used to calculate or approximate a value when direct measurement is unavailable or incomplete.
EstablishedSustainable Finance & InvestmentEU Green Bond StandardThe EU Green Bond Standard is a European framework for bonds marketed as European green bonds under specified alignment and disclosure requirements.
EstablishedSustainability LanguageEvaluationA systematic and objective assessment of an intervention, policy, programme or strategy to understand its design, implementation, results, value, explanation and lessons for decision-making.
EstablishedSustainability LanguageEvidenceInformation, observations, records or analyses of sufficient relevance, quality and transparency to support or challenge a proposition.
EstablishedData, Technology & Verification SystemsExplainabilityExplainability is the ability to understand and communicate how a model, system or decision process produced a particular output.
EstablishedSustainability LanguageExtension ServicesThe range of advisory, facilitation and learning activities that enable rural people and organisations to access, co-create and apply knowledge, services and innovation.
EstablishedSustainability LanguageFarmer ProfessionalisationThe development and recognition of technical, organisational, financial and decision-making capabilities that enable farmers to manage agriculture as a skilled livelihood and enterprise on terms appropriate...
EstablishedSustainable Finance & InvestmentFiduciary dutyFiduciary duty is a legal or governance obligation to act in the interests of beneficiaries, clients or other parties to whom the duty is owed.
EstablishedSustainable Finance & InvestmentFinanced emissionsFinanced emissions are greenhouse gas emissions associated with lending, investment, underwriting or other financial activities attributed to a financial institution.
EstablishedSustainable Finance & InvestmentFund labellingFund labelling is the classification or naming of investment funds according to sustainability characteristics, objectives or regulatory categories.
EstablishedSustainability LanguageGender EqualityThe equal rights, responsibilities, opportunities and ability of people to participate in and benefit from social, economic and political life, regardless of gender.
EstablishedData, Technology & Verification SystemsGeospatial analysisGeospatial analysis is the examination of data linked to location in order to understand patterns, relationships or changes across space.
EstablishedSustainable Finance & InvestmentGFANZGFANZ is the Glasgow Financial Alliance for Net Zero, a coalition focused on mobilising financial institutions around net-zero transition commitments and guidance.
EstablishedData, Technology & Verification SystemsGISGIS, or geographic information system, is software and data infrastructure for storing, analysing and displaying location-based information.
EstablishedSustainable Finance & InvestmentGreen asset ratio (GAR)Green asset ratio is a banking disclosure metric that compares taxonomy-aligned assets with eligible assets or total covered assets under a specified framework.
EstablishedSustainable Finance & InvestmentGreen bondA green bond is a bond whose proceeds are intended to finance or refinance eligible environmental projects or assets.
EstablishedSustainable Finance & InvestmentGreen Bond PrinciplesThe Green Bond Principles are voluntary process guidelines for issuing green bonds, including use of proceeds, project evaluation, proceeds management and reporting.
EstablishedSustainable Finance & InvestmentGreeniumGreenium is the pricing difference sometimes observed when green or sustainable debt receives more favourable pricing than comparable conventional debt.
EstablishedData, Technology & Verification SystemsGround-truthingGround-truthing is the verification of remote, modelled or desk-based information against observations or evidence from the actual location.
EstablishedSustainability LanguageHabitatThe place or type of site in which an organism or population naturally occurs and finds the resources and conditions required to survive and reproduce.
EstablishedSustainability LanguageHuman RightsThe universal and inherent rights and freedoms held by every person because they are human, without discrimination.
EstablishedData, Technology & Verification SystemsHuman-in-the-loopHuman-in-the-loop describes a process in which a person reviews, guides or approves automated outputs before they are relied on.
EstablishedSustainable Finance & InvestmentImpact investingImpact investing is investing with the intention to generate positive, measurable social or environmental impact alongside financial return.
EstablishedSustainable Finance & InvestmentImpact measurement and management (IMM)Impact measurement and management is the process of defining, measuring, managing and improving social or environmental effects connected to an investment or activity.
EstablishedSustainable Finance & InvestmentImplied temperature rise (ITR)Implied temperature rise is a metric that translates portfolio or company emissions pathways into an estimated global warming outcome.
EstablishedSustainability LanguageInclusionThe process of improving the ability, opportunity, dignity and agency of people and groups to participate in markets, services, institutions and decisions.
EstablishedSustainability LanguageIndicatorA quantitative or qualitative variable used to signal, describe or track a condition or change relevant to a defined result, objective or decision.
EstablishedSustainability LanguageIndigenous PeoplesPeoples with historical continuity, distinct social, cultural or political institutions and enduring relationships with lands and territories, for whom self-identification and community recognition are...
EstablishedSustainability LanguageIntegrityCoherence between an organisation's stated values, claims, evidence, decisions, incentives and consequences, maintained when inconsistency is exposed and corrected.
EstablishedData, Technology & Verification SystemsInternet of Things (IoT)The Internet of Things is a network of connected devices or sensors that collect and exchange data about physical conditions or activities.
EstablishedData, Technology & Verification SystemsInteroperabilityThe ability of organisations and systems to exchange data and use it consistently toward agreed goals while preserving meaning, rules and accountability across boundaries.
EstablishedSustainability LanguageISO 19011International guidance on audit principles, audit-programme management, conducting management-system audits and evaluating auditor competence.
EstablishedSustainable Finance & InvestmentKey performance indicator (KPI, finance)A finance key performance indicator is a selected metric used to track sustainability performance for a financial instrument, target or investment strategy.
EstablishedData, Technology & Verification SystemsLand cover classificationLand cover classification is the process of assigning observed land areas to categories such as forest, cropland, grassland, water or settlement.
EstablishedData, Technology & Verification SystemsLarge language model (LLM)A large language model is an AI model trained on large text datasets to generate, classify, summarise or transform language-based content.
EstablishedSustainability LanguageLegitimacyThe justified and perceived standing of an authority, process or decision as appropriate, fair and acceptable within relevant rights, norms and relationships.
EstablishedSustainability LanguageLegitimate InterestA legal basis for necessary processing that pursues a lawful, precise and present interest only where the rights and freedoms of affected people do not override it.
EstablishedData, Technology & Verification SystemsMachine learning modelA machine learning model is a computational model trained on data to identify patterns, make predictions or classify information.
EstablishedData, Technology & Verification SystemsMachine-readable disclosureMachine-readable disclosure is reported information formatted so software can identify, extract and process the data with limited manual interpretation.
EstablishedData, Technology & Verification SystemsMargin of errorMargin of error is a statistical expression of the likely range within which an estimate may differ from the true value.
EstablishedData, Technology & Verification SystemsMetadataMetadata is data that describes other data, such as its source, format, date, owner, method, scope or quality attributes.
EstablishedSustainability LanguageMetricA defined method of quantification or calculation, including its unit, formula, boundary and data rules, used to express an aspect of performance or condition.
EstablishedData, Technology & Verification SystemsModel riskModel risk is the possibility that a model produces inaccurate, biased, unsuitable or misunderstood outputs that affect decisions or reporting.
EstablishedData, Technology & Verification SystemsModelled dataModelled data is information produced through calculations, assumptions or statistical models rather than direct measurement alone.
EstablishedSustainability LanguageMonitoringThe continuous or periodic collection, analysis and use of information to track implementation, conditions, risks and progress against defined expectations.
EstablishedSustainable Finance & InvestmentNegative screeningNegative screening is the exclusion of companies, sectors, issuers or activities from an investment universe based on defined criteria.
EstablishedSustainable Finance & InvestmentNet Zero Asset Owner AllianceThe Net Zero Asset Owner Alliance is an investor initiative of asset owners committed to transitioning investment portfolios toward net-zero greenhouse gas emissions by a stated horizon.
EstablishedSustainable Finance & InvestmentNorms-based screeningNorms-based screening is investment screening based on alignment with selected international norms, standards, conventions or principles.
EstablishedData, Technology & Verification SystemsOntologyAn ontology is a formal model of concepts and relationships within a domain, used to make data meaning more explicit and interoperable.
EstablishedData, Technology & Verification SystemsOpen dataOpen data is data made available for use, reuse or redistribution under clear access, licensing and format conditions.
EstablishedSustainable Finance & InvestmentPCAFPCAF is the Partnership for Carbon Accounting Financials, an initiative that develops methods for measuring and disclosing financed emissions.
EstablishedSustainability LanguagePollinationThe transfer of pollen within or between flowers that enables fertilisation and reproduction in flowering plants.
EstablishedSustainable Finance & InvestmentPortfolio alignmentPortfolio alignment is an assessment of how an investment, lending or asset portfolio compares with a climate, sustainability or transition pathway.
EstablishedSustainable Finance & InvestmentPositive screeningPositive screening is the selection or weighting of investments based on favourable sustainability characteristics or performance.
EstablishedSustainable Finance & InvestmentPRI (Principles for Responsible Investment)PRI refers to the Principles for Responsible Investment, an investor-supported initiative promoting responsible investment practices across environmental, social and governance issues.
EstablishedData, Technology & Verification SystemsPrimary data collectionPrimary data collection is the gathering of information directly from the original source, activity, site or respondent for a defined purpose.
EstablishedSustainability LanguagePrivacy by DesignThe practice of embedding data-protection principles and effective safeguards into architecture, workflow and default settings before and throughout processing.
EstablishedSustainable Finance & InvestmentProxy votingProxy voting is the exercise of shareholder voting rights, often by an investor or adviser voting on resolutions at company meetings.
EstablishedSustainability LanguagePseudonymisationProcessing personal data so they cannot be attributed to a specific person without additional information that is kept separately and protected by technical and organisational measures.
EstablishedSustainability LanguagePublic DisclosureThe formal release of defined information to external users under stated boundaries, methods, timing and reporting requirements.
EstablishedData, Technology & Verification SystemsReal-time reportingReal-time reporting is the presentation or transmission of information soon after it is generated or received, with limited delay.
EstablishedSustainability LanguageRebound EffectThe reduction in expected environmental savings when an efficiency improvement lowers effective cost or changes behaviour in ways that increase use, production or consumption.
EstablishedData, Technology & Verification SystemsRegulatory technology (RegTech)Regulatory technology is software or data infrastructure used to support regulatory compliance, monitoring, reporting or risk management.
EstablishedData, Technology & Verification SystemsRemote sensingRemote sensing is the collection of information about land, water, vegetation or infrastructure without direct physical contact, often using aircraft or satellites.
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