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Glossary

Insights

Glossary

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.

Are there any terms you don't recognise?

Browse A-Z

P

Presumption of Conformity

A legal principle in EU product law: a product that complies with a harmonised standard whose reference is published in the Official Journal is presumed to meet the corresponding legal requirements. It shifts the practical burden of proof, giving manufacturers a clear, recognised route to demonstrate compliance.

Regulation & Compliance

Principal Adverse Impacts (PAI)

Principal Adverse Impacts (PAIs) are the most significant negative effects of investment decisions on sustainability factors — such as greenhouse gas emissions, biodiversity, water, waste and human rights — which financial-market participants must identify, disclose and, where they consider them, report against defined indicators under the SFDR.

Sustainable Finance

Product Carbon Footprint (PCF)

A product carbon footprint is the total greenhouse gas emissions associated with a specific product across a defined portion of its life cycle, expressed as CO₂ equivalent per functional unit.

Carbon Accounting

Public Oversight Authority (KGK)

The Public Oversight, Accounting and Auditing Standards Authority (KGK) is Türkiye's authority for auditing and accounting standards. It issues the Turkish Sustainability Reporting Standards (TSRS) and approves the corporate sustainability-reporting training that the Responsible Programme can support.

ESG Reporting

R

REACH Regulation

REACH is the EU regulation on the Registration, Evaluation, Authorisation and Restriction of Chemicals. It requires companies to identify and manage the risks of substances they manufacture, import or use, and can restrict or ban hazardous ones.

Regulation & Compliance

Recycled Content

Recycled content is the proportion of post-consumer recycled material a product or packaging must contain. Under the PPWR, plastic packaging must hit minimum recycled-content percentages that rise from 2030 to 2040, calculated per plant as an annual average.

Regulation & Compliance

REDD+

REDD+ is a UN framework that rewards developing countries for Reducing Emissions from Deforestation and forest Degradation, plus conserving and sustainably managing forests.

Carbon Markets

Registered Electronic Mail (KEP)

Registered Electronic Mail (KEP) is Türkiye's legally-valid secure e-mail system, giving electronic correspondence the same standing as registered post. In the Responsible Programme, official documents are transmitted via KEP and signed with a qualified electronic signature.

Regulation & Compliance
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Have a question we haven't defined yet?

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.