Bingo Definitions!

• AA1000: A series of standards for measuring and reporting on ethical performance in organizations.
• Assurance: Independent verification of the accuracy and reliability of sustainability information and reports.
• CSO (Chief Sustainability Officer): Executive responsible for a company’s environmental, social, and governance strategies.
• CSR (Corporate Social Responsibility): Business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.
• CSRD (Corporate Sustainability Reporting Directive): European Union directive that requires large companies to disclose information on the way they operate and manage social and environmental challenges.
• Customer Requests: Inquiries or demands from customers regarding the sustainability practices and performance of a company.
• DEI (Diversity, Equity, and Inclusion): Policies and programs that promote the representation and participation of different groups of individuals.
• EcoVadis: A provider of business sustainability ratings, intelligence, and collaborative performance improvement tools for global supply chains.
• EMS (Environmental Management System): A framework that helps an organization achieve its environmental goals through consistent review, evaluation, and improvement of its environmental performance.
• ESG (Environmental, Social, and Governance): Criteria used to evaluate a company’s operations and performance in terms of sustainability and ethical impact.
• GHG (Greenhouse Gas): Gases that trap heat in the atmosphere, contributing to global warming and climate change.
• GRI (Global Reporting Initiative): An international independent organization that helps businesses, governments, and other organizations understand and communicate their impacts on issues such as climate change, human rights, and corruption.
• ISO 14001: An international standard that specifies requirements for an effective environmental management system.
• ISO 45001: An international standard for occupational health and safety management systems.
• ISSB (International Sustainability Standards Board): An organization that develops globally accepted sustainability disclosure standards.
• LCA (Life Cycle Assessment): A technique to assess environmental impacts associated with all the stages of a product’s life from cradle to grave.
• LEED (Leadership in Energy and Environmental Design): A widely used green building rating system that provides a framework for healthy, efficient, and cost-saving green buildings.
• Materiality: Principle that defines why and how certain issues are important for a company or a sector.
• OSHA (Occupational Safety and Health Administration): A U.S. government agency that ensures safe and healthful working conditions by setting and enforcing standards.
• SASB (Sustainability Accounting Standards Board): An organization that develops and disseminates sustainability accounting standards.
• SB 253 & 261: Legislative bills focused on climate-related financial disclosure and sustainability reporting (specific context may vary by jurisdiction).
• SEC (Securities and Exchange Commission): A U.S. government agency that oversees securities transactions, activities of financial professionals, and mutual fund trading to prevent fraud and intentional deception.
• TCFD (Task Force on Climate-related Financial Disclosures): An organization that develops voluntary, consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, and insurance underwriters.
• UN SDGs (United Nations Sustainable Development Goals): A collection of 17 global goals designed to be a “blueprint to achieve a better and more sustainable future for all” by 2030.
• UNGC (United Nations Global Compact): A voluntary initiative based on CEO commitments to implement universal sustainability principles and to take steps to support UN goals.
• Validation: The process of ensuring that a system, product, or service meets the needs and requirements of its intended use.

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