Acronyms & Glossary

Acronyms & Glossary 

AccountAbility’s standard framework providing guidance to companies requesting assurance or exploring stakeholder engagement processes.
Source: www.accountability.org

GRI Certified Training Partner
GRI Certified Training Partners are organizations all over the world that are certified by the Global Reporting Initiative (GRI) to provide training courses and modules on sustainability reporting.
Source: www.globalreporting.org

The international SA8000 norm is an auditable social certification standard for decent workplaces based on international workplace norms of International Labour Organisation (ILO) conventions, the Universal Declaration of Human Rights and the UN Convention on the Rights of the Child. This standard is the benchmark against which companies and factories measure their social performance.

External verification of data and management processes.

The International Integrated Reporting Council (IIRC) is a global coalition of regulators, investors, companies, standard setters, the accounting profession and NGOs. The coalition is promoting communication about value creation as the next step in the evolution of corporate reporting.

SAI is a non-governmental, multistakeholder organization whose mission it is to advance the human rights of workers around the world by eliminating sweatshops and by promoting ethical working conditions, labor rights, corporate social responsibility and social dialogue.
Source: www.sa-intl.org

The Business Social Compliance Initiative (BSCI) is the leading business-driven initiative for companies committed to improving working conditions in the global supply chain.
Source: www.bsci-intl.org

Impact investing
Impact investing is defined as the placement of capital with the intent to create benefits beyond financial return. 
Source: “A Framework for Action: Social Enterprise & Impact Investing”, UN Global Compact, June 2012

The State Secretariat for Economic Affairs (SECO) is the Swiss Confederation’s competence centre for all core issues relating to economic policy.
Source: www.seco.admin.ch

BSD Group
BSD Group AG (the legal form in Switzerland is Aktiengesellschaft (AG), which is a limited company) is the holding company of all the local BSD offices. It is responsible for all functions, processes, and infrastructure that is not proprietary to one of these offices.

People  that are of the forefront of social change and build a better business from the inside out of the leading company they work for. 
Source: www.changemakers.com/intrapreneurs

Small and medium enterprises

Corporate Social Responsibility

ISEAL Alliance
ISEAL is a non-governmental organisation whose mission is to strengthen sustainability standards systems for the benefit of people and the environment. Its membership is open to all multi-stakeholder sustainability standards and accreditation bodies that demonstrate their ability to meet the ISEAL Codes of Good Practice and accompanying requirements, and commit to learning and improving.
Source: www.isealalliance.org

Stakeholders are defined as entities or individuals that can reasonably be expected to be significantly affected by the organization’s activities, products, and services; and whose actions can reasonably be expected to affect the ability of the organization to successfully implement its strategies and achieve its objectives. This includes entities or individuals whose rights under law or international conventions provide them with legitimate claims vis-à-vis the organization. 
Source: https://g4.globalreporting.org/introduction/glossary

The highest-level executives in for-profit corporations are usually called "C-level" or part of the "C-suite", referring to the “C” with which their corporate titles start.

ISO 26000
A standard of the International Organization for Standardization (ISO) that provides guidance on how businesses and organizations can operate in a socially responsible way.

UN Global Compact
The UN Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour,environment and anti-corruption.
Source: www.unglobalcompact.org

The Fundação Getulio Vargas (FGV) is an institution in Brazil offering higher education and conducting academic research.
Source: www.fgv.br

Material issues
Issues that reflect the organization’s significant economic, environmental, and social impacts, or that would substantively influence the assessment and decisions of stakeholders.
Source: www.globalreporting.org

The United Nations Children’s Fund (UNICEF) is the driving force that helps build a world where the rights of every child are realized and is active in more than 190 countries and territories.
Source: www.unicef.org

Greenwashing is a form of communication that is deceptively used to promote the perception that an organization’s aims and policies are environmentally friendly.

Non-Governmental Organization

UniEthos is a nonprofit organization in Brazil that provides advisory and executive educational services to companies in order to develop sustainability in their business.
Source: www.siteuniethos.org.br

The GRI G4 Sustainability Reporting Guidelines offer Reporting Principles, Standard Disclosures and an Implementation Manual for the preparation of sustainability reports by organizations, regardless of their size, sector or location. The Guidelines also offer an international reference for all those interested in the disclosure of governance approach and of the environmental, social and economic performance and impacts of organizations.
Source: www.globalreporting.org

Procurement is the act of buying goods or services from an external source.