Glossary
ADP – Advanced Delivery Platform
ARA – Amsterdam, Rotterdam, Antwerp
Blockchain – Blockchain or block chain is an evolving technology where information (in the form of documents, images or other formats) is linked using cryptography which makes the information strongly resistant to alteration. Effective use of this technology facilitates sharing of information which can be readily assessed as being accurately reflective of the original, without alteration or manipulation.
Capesize – Capesize ships are the largest dry cargo ships which are too large to transit the Suez or Panama Canals, and consequently most pass either the Cape of Good Hope or Cape Horn to traverse between oceans.
Cbm – Cubic Meters
CCGT – Combined-Cycle Gas Turbines
CDM – Carbon Disclosure Mechanism
CDP – Carbon Disclosure Project
CDSB – Climate Disclosure Standards Board
CEPSA – Compañía Española de Petróleos, S.A
CH4 – Methane
CNG – Compressed Natural Gas
CO2 – Carbon dioxide
CO2e – Carbon dioxide equivalent. As various gases have different global warming potentials, a base unit of equivalence to carbon dioxide is used to provide a common unit of measure
EFs – Emission Factors
EITI – Extractive Industries Transparency Initiative
EMEA – Europe, Middle-East, Africa
ERCOT – Electric Reliability Council of Texas
ESG – Environmental, Social and Governance
ETS – Emissions Trading Scheme.
EU – European Union
FCPA – United States Foreign Corrupt Practices Act
FinTech – Financial technology is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.
GEO – Global Emissions Offset
GHG – Greenhouse Gases
GLEC – Global Logistics Emissions Council
GRI – Global Reporting Initiative
GS CDM – Gold Standard for the Clean
Development Mechanism
GS VCM – Gold Standard – Voluntary Carbon Market
GW / GWH – Giga-watt / Giga-watt Hour
Handymax – A naval architecture term for
larger bulk carriers consisting of the Supramax, Handymax and Handy size classifications.
HAPs – Hazardous Air Pollutants
HFCs – Hydrofluorocarbons
HFO – Heavy Fuel Oil
HR – Human Resources
HSE / HSSE – Health, Safety and Environment / Health, Safety, Security and Environment
IMO – International Maritime Organization
IoT – Internet of Things
IPP – Independent Power Providers
ISO – International Organization for
Standardization
IT – Information Technology
KPIs – Key Performance Indicators. Systems to objectively measure or score against targets, objectives or peers.
KYC – Know-Your-Counterparty
LNG – Liquified Natural Gas
LPG – Liquified Petroleum Gas
LTIR – Lost Time Injury Rate
MACN – Maritime Anti-Corruption Network
MGO – Marine Gas Oil
MMCF – Million Cubic Feet
MT – Metric tonne
MTOE – Metric Tons Oil Equivalent
MWH – Mega-watt Hour
N2O – Nitrous Oxide
NA / N/A – Not Available
NGL – Natural Gas Liquid
NGO – Non-Governmental Organization
NGVs – Natural Gas Vehicles (vehicles fueled by natural gas)
NOx – Nitrogen Oxides
O&G – Oil & Gas
PACI – Partnering Against Corruption Initiative
PFCs – Perfluorocarbons
PM – Particulate Matter
RECs – Renewable Energy Credits
RED – Renewable Energy Directive
RGGI – Regional Greenhouse Gas Initiative. RGGI is a cooperative market effort among the northeastern US states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, Vermont and Virginia.
SASB – Sustainability Accounting Standards Board
SBTi – Science Based Targets Initiative from World Resources Institute
SDGs – Sustainable Development Goals
SDS – Safety Data Sheet
SF6 – Sulfur Hexafluoride
SO2 – Sulfur Dioxide
SOE – State Owned Enterprise
TCFD – Taskforce on Climate-Related Financial Disclosures
TCO2E/tCO2e – Tonnes of CO2 equivalent
TTW – Tank-To-Wheel
UKBA – United Kingdom Bribery Act
UKCS – United Kingdom Continental Shelf
UNFCCC program – United Nations Framework Convention on Climate Change. An international environmental treaty addressing climate change
with 154 signatories dated from a June 1992 event known informally as the Rio de Janeiro “Earth Summit”.
UNGP – United Nations Guiding Principles
VOCs – Volatile Organic Compounds
WEFg – World Economic Forum
WTT – Well-To-Tank
WTW – Well-To-Wheel
Reporting areas
Governance
Planet
People
