Glossar

News from the world of sustainability reporting.

Learn more about the future of carbon accounting and sustainability reporting. From new laws to technological innovations - everything at a glance.

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Natural resources

Natural  assets  (raw  materials)  occurring  in  nature  that  can  be  used  for economic production or consumption.

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Net Zero Emissions

Net Zero Emissions means that the amount of greenhouse gases emitted is completely neutralized through measures such as emissions reductions and offsetting unavoidable emissions. The aim is not to release any additional greenhouse gases into the atmosphere.

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Nitrous oxide (N₂O)

Nitrous oxide (N₂O), commonly known as laughing gas, is a powerful greenhouse gas that is approximately 300 times more effective than CO₂. It is primarily produced through agricultural processes, industrial activities, and the combustion of fossil fuels.

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Non-Financial Reporting Directive (NFRD)

The NFRD requires organizations to disclose non-financial information, such as environmental, social, and governance aspects. It aims to increase the transparency and quality of sustainability reporting.

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O3

Ozone is a reactive form of oxygen significant for the atmosphere and industrial applications.

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Omnibus Initiative

The Omnibus Initiative is a measure introduced by the European Commission to simplify regulations and reduce bureaucratic burdens for European businesses. It primarily impacts sustainability reporting, due diligence obligations, and CO₂ border adjustment mechanisms.

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Overconsumption

Overconsumption describes the excessive use of resources beyond sustainable limits.

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Ozone-depleting substances

Substances listed in the Montreal Protocol on Substances that Deplete the Ozone Layer.

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