280 definitions found
AASB S2
Definition
A[6]
Risks that arise from efforts to transition to a lower-carbon economy. Transition risks include policy, legal, technological, market and reputational risks. These risks could carry financial implications for an entity, such as increased operating costs or …
AASB S2
Definition
A[7]
The universal unit of measurement to indicate the global warming potential of each greenhouse gas , expressed in terms of the global warming potential of one unit of carbon dioxide. This unit is used to evaluate releasing (or avoiding releasing) different …
AASB S2
Definition
A[8]
The portion of gross greenhouse gas emissions of an investee or counterparty attributed to the loans and investments made by an entity to the investee or counterparty. These emissions are part of Scope 3 Category 15 (investments) as defined in the …
AASB S2
Definition
A[9]
A factor describing the radiative forcing impact (degree of harm to the atmosphere) of one unit of a given greenhouse gas relative to one unit of CO 2 …
AASB S2
Definition
A[10]
The seven greenhouse gases listed in the Kyoto Protocol—carbon dioxide (CO 2 ); methane (CH 4 ); nitrous oxide (N 2 O); hydrofluorocarbons (HFCs); nitrogen trifluoride (NF 3 ); perfluorocarbons (PFCs) and sulphur hexafluoride (SF 6 …
AASB S2
Definition
A[11]
Emissions that are a consequence of the activities of an entity, but occur at sources owned or controlled by another entity. …
AASB S2
Definition
A[12]
Price used by an entity to assess the financial implications of changes to investment, production and consumption patterns, and of potential technological progress and future emissions-abatement costs. An entity can use internal carbon prices for a range …
AASB S2
Definition
A[13]
An agreement by states, as members of the United Nations Framework Convention on Climate Change, to combat climate change (i.e. the Paris Agreement, December 2015). The agreements set norms and targets for a reduction in greenhouse gases …
AASB S2
Definition
A[14]
Direct greenhouse gas emissions that occur from sources that are owned or controlled by an entity. …
AASB S2
Definition
A[15]
Indirect greenhouse gas emissions from the generation of purchased or acquired electricity, steam, heating or cooling consumed by an entity. Purchased and acquired electricity is electricity that is purchased or otherwise brought into an entity’s …