5 definitions every ecoleader should know
- Sustainable Development
According to the Brundtland Report it is development that "meets the needs of the present generation without compromising the ability of future generations to meet their own needs." An organization must show progress on three fronts — economic development, social development, and preservation of the environment — to move towards true sustainability.
- Carbon Footprint
Your organization’s carbon footprint is the measure of all direct and indirect CO2 emissions caused by your activities.
- Eco-Efficiency
It can be described as a management strategy of doing more with less. In practice, eco-efficiency is achieved through the pursuit of three core objectives: increasing product or service value; optimizing the use of resources; and, reducing environmental impact.
- Triple Bottom Line
TBL reporting is the latest evolution of what is often reported as corporate sustainable development, or corporate social responsibility. Whereas corporate sustainable development tends to be forward-looking and qualitative, triple bottom line reporting is a more quantitative summary of a company’s economic, environmental and social performance over the previous year.
- Global Reporting Initiative (GRI)
The Global Reporting Initiative has pioneered the development of the world’s most widely used sustainability reporting framework. Their G3 guidelines set out a series of principles, protocols, and indicators that organizations can use to measure and report their economic, social and environmental performance. Considered the most rigorous reporting framework, the GRI provides excellent guidance for those considering producing a sustainability report.
