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.
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.
The Verified Carbon Standard, administered by the non-profit Verra, is the world's most widely used voluntary carbon crediting programme, under which projects are validated, verified and issued tradable Verified Carbon Units.
The vintage of a carbon credit is the year in which the emission reduction or removal it represents actually occurred.
The Voluntary Carbon Market (VCM) is a marketplace in which organizations and individuals purchase carbon credits representing verified emissions reductions or removals from climate projects — outside of any regulatory compliance obligation — primarily to address residual emissions as part of net zero commitments or to contribute to climate action beyond direct reduction targets.
The regulation that gives legal force to Türkiye's national "Zero Waste" (Sıfır Atık) movement, requiring public institutions, businesses and other organisations to set up zero-waste management systems, separate waste at source and obtain a Zero Waste Certificate. It is administered by the Ministry of Environment, Urbanisation and Climate Change.
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.
