Insights
Clear definitions of the sustainability, climate, and ESG terms that matter most — from CBAM and CSRD to SBTi and PCAF. Written by Semtrio's advisory team.
Transition risk is the financial risk an organisation faces from the shift to a low-carbon economy — arising from policy, technology, market and reputational change, rather than from the physical effects of climate change itself.
TSRS are the Türkiye Sustainability Reporting Standards — mandatory sustainability disclosure standards issued by the Public Oversight Accounting and Auditing Standards Authority (KAP) that require listed companies and financial institutions in Türkiye to disclose material sustainability-related risks and opportunities and climate-related information, substantially aligned with the ISSB's IFRS S1 and S2 standards.
Value chain reporting is the disclosure of sustainability impacts, risks and opportunities arising upstream and downstream of an organisation's own operations, rather than only within its own boundary.
Verification (GHG) is the independent, evidence-based process of checking that an organisation's greenhouse gas inventory is accurate, complete and calculated in line with the applicable standard, resulting in a stated level of confidence in the reported emissions.
If you're working through a regulatory framework or sustainability challenge and need clarity on a specific term or concept — our team is here to help directly.
