Glossary
Clear definitions of key ESG terms and standards. Understand the language of sustainability and reporting with simple, reliable explanations.
B Corp
Certification of for-profit companies to ensure they meet high standards of social and environmental performance, transparency and accountability https://www.bcorporation.net/ Ecostars is
CDP
Carbon Disclosure Project
CSDD, CS3D, CSDDD
Corporate Sustainability Due Diligence Directive
CSR
Corporate Social Responsibility: A business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all
CSRD
Corporate Sustainability and Reporting Directive: European Union directive ensuring companies provide consistent sustainability information.
DEFRA
The Department for Environment, Food and Rural Affairs (UK) is a department in the United Kingdom responsible for environmental protection,
DEI, DE&I
Diversity, Equity, and Inclusion: Strategies to ensure representation, fairness, and inclusion of all individuals irrespective of their identity.
Double materiality
The principle that recognizes the bidirectional impacts between a hotel or chain and the environment/society. Both how environmental and social
Downstream
Refers to processes that occur after the production phase, typically including distribution and consumer usage.
Due Diligence
Comprehensive assessment of a business or activity to ensure adherence to set standards, often related to financial transactions and acquisitions.
Dynamic materiality
Acknowledges that sustainability issues and their relevance to business can change over time, necessitating regular re-evaluation.
E-fuels
Synthetic fuels produced from renewable energy sources, typically electricity and carbon dioxide.
Ecostars
Globally recognised hotel sustainability certification, easy to assess digitally and now free of charge.