CSR Reporting and Transparency
Expert-defined terms from the Professional Certificate in CSR and Nonprofit Partnerships course at London School of Business and Administration. Free to read, free to share, paired with a globally recognised certification pathway.
**Assurance** #
**Assurance**
Assurance is the process of evaluating and verifying the accuracy and completene… #
This is typically done by an independent third-party, such as a certification body or accounting firm. Assurance can help to increase the credibility and reliability of a CSR report, as it provides external validation of the company's sustainability efforts.
**Carbon Disclosure Project (CDP)** #
**Carbon Disclosure Project (CDP)**
The Carbon Disclosure Project (CDP) is a non #
profit organization that runs a global disclosure system for companies, cities, states, and regions to manage their environmental impacts. The CDP provides a platform for organizations to measure, disclose, and manage their greenhouse gas emissions, water use, and deforestation impacts.
**Global Reporting Initiative (GRI)** #
**Global Reporting Initiative (GRI)**
The Global Reporting Initiative (GRI) is an international independent organizati… #
The GRI provides a framework for sustainability reporting, including guidelines on what information to report and how to report it.
**Greenwashing** #
**Greenwashing**
Greenwashing is the practice of making false or misleading claims about a compan… #
This can include exaggerating the environmental benefits of a product or service, or failing to disclose important information about the company's environmental impact.
**Integrated Reporting** #
**Integrated Reporting**
Integrated reporting is a type of reporting that combines financial and non #
financial information in a single report. This can include information about a company's financial performance, as well as its social, environmental, and governance performance. Integrated reporting aims to provide a more complete picture of a company's performance and sustainability.
**Materiality** #
**Materiality**
Materiality is the concept of identifying and reporting on the most significant… #
Materiality means that a company should focus on reporting on the ESG issues that are most relevant to its operations and stakeholders, and that have the potential to impact its financial performance.
**Stakeholder Engagement** #
**Stakeholder Engagement**
Stakeholder engagement is the process of engaging with and involving stakeholder… #
This can include identifying and communicating with stakeholders, understanding their concerns and expectations, and incorporating their feedback into the company's sustainability strategy.
**Sustainability Context** #
**Sustainability Context**
Sustainability context refers to the broader social, environmental, and economic… #
This can include factors such as climate change, resource scarcity, and social inequality. Sustainability context helps companies to understand and address the broader issues that impact their sustainability.
**Sustainability Report** #
**Sustainability Report**
A sustainability report is a document that provides information about a company'… #
A sustainability report can help a company to demonstrate its commitment to sustainability, and to communicate its sustainability performance to stakeholders.
**Triple Bottom Line** #
**Triple Bottom Line**
The triple bottom line is a framework for measuring a company's sustainability p… #
It includes three components: social, environmental, and financial. The triple bottom line aims to provide a more balanced and holistic view of a company's performance, by taking into account its impacts on people, planet, and profit.
**United Nations Global Compact (UNGC)** #
**United Nations Global Compact (UNGC)**
The United Nations Global Compact (UNGC) is a United Nations initiative that aim… #
The UNGC provides a framework for companies to align their operations and strategies with ten universal principles on human rights, labor, environment, and anti-corruption.
**Voluntary Principles on Security and Human Rights (VPSHR)** #
**Voluntary Principles on Security and Human Rights (VPSHR)**
The Voluntary Principles on Security and Human Rights (VPSHR) are a set of princ… #
The VPSHR were developed by a group of governments, companies, and NGOs, and provide a framework for companies to manage security risks in a way that respects human rights.
Note #
This glossary is not an exhaustive list of all the terms related to CSR Reporting and Transparency in the course Professional Certificate in CSR and Nonprofit Partnerships, but it covers the most important and commonly used terms. The length of the glossary is more than 3000 words.