ESG A to Z
R = Regulatory Requirement
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Administrative Body: AccountAbility
Applies to: Organizations of all sizes and sectors that aim to improve their sustainability performance through stakeholder engagement, ethical behavior, and effective governance. It is especially relevant for organizations focused on ESG (Environmental, Social, and Governance) reporting and sustainability strategy.
Benefit: The AA1000 Series is a set of internationally recognized standards that help organizations improve their accountability and sustainability practices. These standards provide a framework for managing, measuring, and improving organizational sustainability performance through stakeholder engagement and transparent reporting. By following the AA1000 principles, organizations can better address the needs and expectations of stakeholders, enhance their social responsibility, and build long-term trust and resilience.
Key benefits for businesses include:
Enhanced Stakeholder Engagement: The AA1000 Standards focus on meaningful stakeholder engagement, ensuring that organizations consider the interests and concerns of all their stakeholders in decision-making.
Improved ESG Performance: The standards help organizations embed sustainability into their core operations, making it easier to align with global ESG goals and sustainability reporting requirements.
Transparency and Trust: By using the AA1000 standards, organizations improve their transparency and accountability, which strengthens stakeholder relationships and builds long-term trust.
Alignment with Other Frameworks: The AA1000 standards complement other sustainability frameworks and certifications, such as GRI, and ISO, helping organizations integrate their reporting efforts seamlessly.
Certifies: The AA1000 Series provides a framework for sustainability performance based on three key standards:
AA1000APS (AccountAbility Principles Standard): Focuses on inclusivity, materiality, responsiveness, and impact, ensuring organizations engage stakeholders effectively and prioritize the most significant sustainability issues.
AA1000SES (Stakeholder Engagement Standard): Provides guidelines on how to engage stakeholders in a structured, systematic way, fostering transparency and accountability in decision-making.
AA1000AS (Assurance Standard): Offers a framework for providing third-party assurance on sustainability reports, enhancing the credibility and reliability of ESG disclosures.
Relevant Links:
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Certification Body: B Lab
Applies to: Businesses of all sizes and industries that want to balance profit with purpose, aiming to meet high standards of social and environmental performance, transparency, and accountability.
Benefit: B Corp Certification is a prestigious third-party certification that verifies a company’s commitment to being a force for good. Certified B Corporations are legally required to consider the impact of their decisions on their workers, customers, suppliers, community, and the environment. This certification helps businesses differentiate themselves in a crowded marketplace by demonstrating that they meet rigorous standards of social and environmental performance, public transparency, and legal accountability. B Corp certification is ideal for companies that want to embed sustainability and social responsibility into their business model, attract like-minded consumers, and align with ESG (Environmental, Social, and Governance) values.
Key benefits for businesses include:
Increased Consumer Trust: B Corp certification demonstrates a company’s commitment to purpose-driven business practices, helping build trust with customers and stakeholders who prioritize ethical brands.
Attracts Talent and Investment: Companies with B Corp certification attract employees and investors who value social and environmental responsibility, helping grow businesses sustainably.
Enhanced Marketability: The B Corp label provides instant recognition as a business that meets the highest standards for social and environmental impact, setting it apart from competitors.
Commitment to Continuous Improvement: Certified businesses are required to recertify every three years, encouraging them to continuously improve their social and environmental performance over time.
Certifies:
That a company meets high standards of social and environmental performance, legal accountability, and public transparency. The certification process involves:
B Impact Assessment: Evaluating the company’s performance in five key areas: Governance, Workers, Community, Environment, and Customers.
Minimum Score Requirement: Companies must achieve a score of 80 out of 200 on the B Impact Assessment to become certified.
Legal Accountability: Certified B Corps must amend their legal governing documents to require their board of directors to balance profit with purpose, ensuring long-term accountability.
Relevant Links:
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Program Administrator: City of Calgary
Applies to: Commercial and institutional buildings over 20,000 square feet in Calgary aiming to track and improve energy efficiency.
Benefit: Provides energy performance benchmarking to help building owners reduce energy use, lower operating costs, and meet environmental goals.
Certifies: Participation in the program and encourages energy performance improvements by comparing energy use to similar buildings.
Relevant Links:
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Certification Body: Bluesign Technologies AG
Applies to: Manufacturers, brands, and suppliers primarily in the textile and apparel industries, focusing on reducing the environmental impact of textiles and ensuring safe and sustainable production processes.
Benefit: Bluesign® Certification is a rigorous system that ensures textile production is safe for the environment, workers, and consumers. It focuses on eliminating harmful chemicals, reducing resource consumption, and improving overall sustainability in the supply chain. By adhering to the Bluesign system, companies can ensure their products meet the highest standards for safety, sustainability, and resource efficiency, making it an essential certification for environmentally conscious brands and manufacturers.
Key benefits for businesses include:
Chemical Safety and Compliance: Bluesign provides a comprehensive framework to eliminate harmful chemicals from the production process, ensuring compliance with international safety standards and regulations.
Resource Efficiency: The certification encourages efficient use of water, energy, and other resources, leading to reduced operational costs and a lower environmental footprint.
Enhanced Marketability and Consumer Trust: The Bluesign® label is recognized globally as a mark of safety and sustainability, helping businesses differentiate themselves and attract eco-conscious consumers.
Supply Chain Transparency: Businesses gain visibility into their supply chain’s environmental performance, allowing them to address issues and communicate their sustainability efforts to stakeholders.
Certifies: That products and manufacturing processes meet stringent environmental, safety, and resource efficiency standards. The certification process includes:
Input Stream Management: Controls and monitors all chemicals used in the production process, ensuring that only safe substances are allowed.
Resource Productivity: Focuses on reducing the use of energy, water, and raw materials while maximizing efficiency.
Consumer Safety: Ensures that finished products are free from harmful substances, making them safe for end-users.
Waste Management: Promotes responsible disposal and recycling of waste to minimize environmental impact.
Relevant Links:
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Certification Body: Building Owners and Managers Association (BOMA) Canada
Applies to: Commercial buildings, including office spaces, shopping centers, industrial buildings, multi-unit residential properties, and healthcare facilities seeking to assess and improve their environmental performance.
Benefit: BOMA BEST® is Canada’s leading certification program for the environmental performance and management of existing buildings. It provides a framework for assessing energy efficiency, water use, waste management, air quality, and other sustainability factors. BOMA BEST® helps building owners and managers improve operational efficiency, reduce environmental impact, and align with ESG (Environmental, Social, and Governance) goals. The program includes tools for benchmarking building performance, which can lead to cost savings and improved tenant satisfaction.
Key benefits for businesses include:
Energy and Operational Savings: Certified buildings often see significant reductions in energy and water use, leading to cost savings over time.
Improved Marketability and Property Value: BOMA BEST® certification enhances the property’s value and makes it more attractive to eco-conscious tenants and investors.
Regulatory Compliance: Helps ensure buildings meet local and provincial environmental regulations, contributing to sustainability initiatives.
Sustainability Leadership: Certification demonstrates a strong commitment to environmental responsibility, supporting sustainability reporting and public relations efforts.
Certifies: That a building is meeting key environmental and operational standards for energy efficiency, water management, waste reduction, and indoor air quality. The certification reflects a building’s continuous improvement in sustainability practices.
Certification Levels: Based on building performance in categories like energy, water, waste, and indoor air quality, BOMA BEST® awards five levels of certification:
Certified: Entry-level certification that confirms basic environmental performance.
Bronze: Shows a commitment to improving building performance.
Silver: Demonstrates substantial environmental improvements and operational practices.
Gold: Recognizes excellent building performance and sustainability practices.
Platinum: The highest level, awarded to buildings that meet top-tier environmental performance across all categories.
Relevant Links:
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Certification Body: Building Research Establishment (BRE)
Applies to: New and existing buildings, infrastructure projects, and master-planned communities seeking to enhance their sustainability performance globally, including commercial real estate, residential developments, and mixed-use properties.
Benefit: BREEAM is one of the most established and widely recognized environmental assessment methods for buildings, with over 2,000,000 projects registered globally. It assesses buildings on a broad range of sustainability criteria, allowing developers and building owners to measure and improve the environmental performance of their assets.
Key benefits to customers include:
Holistic Sustainability Framework: BREEAM evaluates buildings across ten categories, including Energy, Health & Well-being, Water, Waste, Materials, Land Use & Ecology, Pollution, Transport, Management, and Innovation, providing a comprehensive approach to sustainability.
Improved Asset Value and Marketability: BREEAM certification signals to investors, tenants, and stakeholders that the building adheres to high environmental and sustainability standards, which can boost property value and attract health-conscious and eco-conscious occupants.
Operational Cost Reductions: BREEAM-certified buildings often have lower energy, water, and waste management costs due to sustainable design and operational practices, resulting in significant long-term savings.
Customizable Approach: BREEAM is highly flexible, allowing projects to focus on specific sustainability priorities based on their context, building type, and project goals. This makes it adaptable to both small-scale and large-scale developments.
Certifies: That a building or development has been designed, constructed, and operated in a sustainable manner across key environmental and social criteria, ensuring long-term sustainability and resilience.
Certification Levels: BREEAM awards certification based on a performance-based scoring system that measures a building’s sustainability across the ten categories. The levels of certification include:
Pass (≥30%)
Good (≥45%)
Very Good (≥55%)
Excellent (≥70%)
Outstanding (≥85%)
Relevant Links:
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Program Administrator: Building Benchmark BC Initiative
Applies to: Owners of commercial, institutional, and residential buildings over 20,000 square feet in British Columbia who want to measure and improve energy performance.
Benefit: Provides a voluntary benchmarking platform that tracks energy use and greenhouse gas emissions, helping building owners identify opportunities for energy efficiency improvements.
Certifies: That buildings are reporting their energy performance, allowing for comparison across similar types of buildings and promoting energy savings.
Relevant Links:
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Administrative Body: Various organizations provide verification and certification for carbon neutrality, including The CarbonNeutral Protocol, Carbon Trust, and Climate Neutral.
Applies to: Businesses, governments, and individuals aiming to balance their carbon dioxide (CO₂) emissions with carbon removal or offsets, ensuring they do not contribute additional greenhouse gases to the atmosphere.
Benefit: Carbon neutrality is achieved when an organization or individual measures their total greenhouse gas (GHG) emissions, reduces them where feasible, and compensates for the remaining emissions by purchasing carbon offsets. This ensures that the net impact of their carbon emissions is neutralized. Carbon neutrality can apply to specific products, services, or entire organizations, allowing companies to make credible claims about their environmental responsibility and align with global climate goals. Achieving carbon neutrality is often seen as a stepping stone toward deeper sustainability commitments.
Key benefits for businesses include:
Market Differentiation: Companies that achieve carbon neutrality are perceived as climate-conscious, appealing to eco-minded consumers and investors.
Reputation and ESG Performance: Demonstrating a commitment to reducing carbon emissions enhances corporate reputation and strengthens ESG (Environmental, Social, Governance) scores.
Regulatory and Market Preparedness: As carbon regulations become stricter, achieving carbon neutrality helps businesses stay ahead of compliance and align with future market trends.
Emission Compensation: By offsetting unavoidable emissions, businesses can minimize their carbon footprint while supporting environmental projects like renewable energy, reforestation, or methane capture.
Certifies: Carbon neutrality can be certified by several organizations to ensure transparency and credibility in carbon accounting and offsetting practices. Certification bodies include:
The CarbonNeutral Protocol: A global standard for certifying carbon-neutral products and businesses.
Carbon Trust: Provides independent certification for companies that achieve carbon neutrality.
Climate Neutral: Verifies that companies measure, reduce, and offset their carbon emissions.
Key difference from Net Zero: Carbon neutrality focuses on balancing an organization’s carbon dioxide (CO₂) emissions through offsets after reduction efforts. It allows for the immediate compensation of emissions by purchasing offsets, regardless of how much a company reduces its own emissions. Net zero, on the other hand, is a more comprehensive target that requires significant emission reductions across all GHGs (not just CO₂) and across Scope 1, Scope 2, and Scope 3 emissions, with a strong emphasis on minimizing emissions before relying on offsets.
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Administrative Body: Verified by global standards such as the Verified Carbon Standard (VCS), Gold Standard, Clean Development Mechanism (CDM), Canada's Greenhouse Gas Offset Credit System Public Registry, and American Carbon Registry (ACR).
Applies to: Businesses, individuals, and organizations looking to compensate for their Scope 1, 2, and 3 emissions by supporting projects that reduce or capture greenhouse gases.
Benefit: Carbon offsets represent a measurable reduction in greenhouse gas emissions that can be purchased to compensate for emissions produced elsewhere. Common projects that generate carbon offsets include reforestation, renewable energy development, methane capture, and energy efficiency improvements. Unlike RECs, carbon offsets apply to a broader range of emissions and can be used to address Scope 1 (direct), Scope 2 (indirect electricity), and Scope 3 (value chain) emissions. Offsets are essential for companies aiming to reach carbon neutrality or net zero by compensating for emissions that cannot be directly reduced.
Key benefits for businesses include:
Comprehensive Emission Compensation: Offsets allow businesses to balance out emissions from any scope (1, 2, or 3), making them versatile tools for managing a wide range of emissions.
Support for Sustainability Goals: Offsets help businesses achieve carbon neutrality or net zero targets, while supporting global projects that reduce or remove greenhouse gases from the atmosphere.
Regulatory Compliance: In regions with carbon trading markets, offsets can be used to meet emission reduction requirements.
Key difference from RECs: Carbon offsets directly reduce or remove greenhouse gases from the atmosphere, compensating for emissions across all scopes (1, 2, and 3). Unlike RECs, which are limited to renewable energy generation and only address Scope 2 emissions, offsets can be applied to emissions from transportation, manufacturing, supply chains, and more.
Certifies: Carbon offsets are independently verified by organizations to ensure the emission reductions are real, additional, and permanent. Certification bodies include:
Verified Carbon Standard (VCS)
Gold Standard
Clean Development Mechanism (CDM)
Relevant Links:
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Organization: CDP
Applies to: Companies, cities, states, and regions across multiple industries and sectors globally. It focuses on organizations committed to measuring, managing, and reducing their environmental impact, particularly in relation to climate change, water security, and deforestation.
Benefit: CDP is one of the world’s leading environmental disclosure systems, providing organizations with a framework for reporting their environmental performance in key areas like greenhouse gas (GHG) emissions, water use, and deforestation. The CDP score serves as a benchmark for environmental responsibility and is widely used by investors, stakeholders, and governments to assess the sustainability practices of organizations. By reporting to CDP, companies can demonstrate transparency, manage environmental risks, and improve their ESG (Environmental, Social, and Governance) performance, while contributing to global climate goals.
Key benefits for businesses include:
Investor Confidence: CDP is widely used by investors and stakeholders to assess corporate sustainability performance, helping companies attract investment and build trust with ESG-conscious investors.
Risk Management: CDP reporting allows organizations to identify and mitigate environmental risks related to climate change, water management, and deforestation, supporting long-term resilience.
Enhanced Reputation: High CDP scores can boost a company’s reputation as a leader in sustainability, fostering stronger relationships with customers, investors, and business partners.
Alignment with Global Goals: CDP helps companies align their environmental practices with international goals such as the Paris Agreement and the UN Sustainable Development Goals (SDGs).
Certifies: While CDP itself is not a certification, it provides a globally recognized disclosure system for organizations to report on and improve their environmental performance in three key areas:
Climate Change: Reporting on greenhouse gas emissions, climate risks, and strategies to reduce carbon footprints.
Water Security: Disclosing water usage, management practices, and strategies to mitigate water-related risks.
Deforestation: Reporting on the management of forests and land use to prevent deforestation and promote sustainable practices in supply chains.
Companies are scored by CDP on a scale from A to D based on their environmental disclosures, performance, and transparency in managing risks and opportunities related to climate change, water, and deforestation.
Relevant Links:
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Administrative Body: Various global organizations, including the Intergovernmental Panel on Climate Change (IPCC), World Resources Institute (WRI), and national governments (e.g., EPA in the U.S., Environment and Climate Change Canada), provide frameworks for measuring and reporting CO₂e.
Applies to: All sectors and industries that emit greenhouse gases (GHGs), including transportation, manufacturing, agriculture, energy, and commercial operations, that are required to account for their GHG emissions.
Benefit: CO₂e (Carbon Dioxide Equivalent) is a standard unit of measurement used to express the impact of different greenhouse gases (GHGs) in terms of the amount of CO₂ that would create the same level of warming over a given time period, typically 100 years. While CO₂ is the most prevalent GHG, other gases like methane (CH₄) and nitrous oxide (N₂O) have significantly higher global warming potentials (GWP). By converting these gases into CO₂e, organizations can more easily report and compare the total climate impact of all their GHG emissions. CO₂e is critical for carbon accounting and sustainability reporting, helping businesses manage and reduce their total emissions and align with climate-related regulations and goals.
Key benefits for businesses include:
Comprehensive Reporting: CO₂e provides a unified framework for reporting on multiple greenhouse gases, enabling organizations to understand their full climate impact.
Regulatory Compliance: Many regulatory frameworks and carbon markets, such as cap-and-trade and carbon taxes, require companies to report their GHG emissions in CO₂e.
Better Decision-Making: Using CO₂e helps businesses identify the highest-impact areas for emission reductions, leading to more effective carbon management strategies.
Support for ESG Goals: Transparent reporting in CO₂e aligns with investor and consumer demands for climate accountability, supporting broader ESG (Environmental, Social, and Governance) performance.
Certifies: CO₂ emissions are reported and measured through various frameworks such as:
GHG Protocol: A widely recognized global standard for measuring and managing GHG emissions, including CO₂.
ISO 14064: Provides guidance on quantifying and reporting GHG emissions and removals.
Carbon Footprinting: Companies often calculate and report their total emissions through carbon footprint assessments, which track CO₂ and other GHGs.
Relevant Links:
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Certification Body: Cradle to Cradle Products Innovation Institute
Applies to: Manufacturers, brands, and product designers in various industries, including fashion, consumer goods, electronics, and building materials, who aim to design products that are safe, circular, and responsibly made.
Benefit: Cradle to Cradle Certified™ is a globally recognized certification for products that are designed with sustainability at their core, ensuring that materials are safe for human and environmental health and can be perpetually cycled in a circular economy. This certification assesses products across multiple criteria, including material health, product circularity, renewable energy use, water stewardship, and social fairness. It helps businesses demonstrate their commitment to sustainability, improve product performance, and meet growing consumer demand for eco-friendly products.
Key benefits for businesses include:
Sustainability Leadership: Cradle to Cradle certification positions businesses as leaders in sustainability, showcasing their commitment to designing products that are safe, circular, and responsibly produced.
Market Differentiation: Certified products stand out in the marketplace, attracting environmentally conscious consumers, investors, and partners who prioritize sustainability.
Compliance with Circular Economy Goals: Certification aligns with global efforts to transition to a circular economy, helping businesses reduce waste, improve resource efficiency, and create more sustainable products.
Improved Product Design: The certification process encourages innovation in product design, focusing on material safety, recyclability, and responsible manufacturing practices.
Certifies: That a product meets rigorous standards across five critical sustainability categories:
Material Health: Ensures that materials used in the product are safe for humans and the environment.
Product Circularity: Promotes the reuse and recycling of materials to create a closed-loop system.
Clean Air & Climate Protection (Renewable Energy): Verifies that renewable energy is used in production and that emissions are minimized.
Water & Soil Stewardship: Assesses the responsible management of water resources and soil health during production.
Social Fairness: Ensures fair labor practices, community engagement, and ethical business practices.
Products are awarded Basic, Bronze, Silver, Gold, or Platinum certification based on performance in these five categories.
Relevant Links:
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Administrative Body: Various
Applies to: Companies of all sizes seeking to integrate ethical practices, sustainability, and social responsibility into their operations.
Benefit: Helps organizations manage their environmental and social impact, ensuring that their operations contribute positively to society and the environment while enhancing their corporate reputation.
Certifies: CSR is typically a self-regulated framework, and while it doesn't provide an official certification, adherence to CSR principles demonstrates a company’s commitment to ethical practices, social responsibility, and sustainable development. Companies may align with CSR standards or frameworks like GRI Standards, B Corp Certification, AA1000 AccountAbility Principles, and more.
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Administrative Body: DEI efforts are supported by multiple organizations and standards, including:
Social Accountability International (SAI), which administers SA8000, a certification standard focused on fair labor practices and non-discrimination.
Global Reporting Initiative (GRI), which provides comprehensive DEI metrics within its sustainability reporting standards.
Human Rights Campaign (HRC), known for its Corporate Equality Index (CEI), measuring corporate equality for LGBTQ+ employees.
DiversityInc, which recognizes companies excelling in DEI through its Top 50 list.
Catalyst, promoting gender equality in the workplace.
The 30% Club, advocating for gender diversity on corporate boards and leadership teams.
Applies to: Organizations across all sectors, including corporations, non-profits, and public institutions, that aim to foster a more diverse, equitable, and inclusive workplace and community environment.
Benefit: DEI refers to practices and policies ensuring that organizations are inclusive and supportive of people from all backgrounds, identities, and abilities. Diversity ensures a workforce with varied perspectives, equity promotes fair treatment and opportunities, and inclusion fosters a workplace where everyone feels valued. Strong DEI initiatives help businesses attract and retain talent, enhance innovation, and align with ESG goals by improving social responsibility.
Certifies: While not a certification itself, DEI progress can be measured through engagement surveys, inclusion assessments, and external benchmarks such as DiversityInc Top 50 or Corporate Equality Index (CEI). Certifications like SA8000 help organizations align with international labor rights standards that promote DEI.
Key DEI Focus Areas:
Diversity: Promoting representation of different genders, races, ethnicities, abilities, and experiences.
Equity: Ensuring fair access to resources and opportunities while addressing systemic barriers.
Inclusion: Building a culture where everyone feels valued and empowered to contribute.
Relevant Links:
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Administrative Body: European Union (EU), as part of its Circular Economy Action Plan and the European Green Deal.
Applies to: Manufacturers, retailers, suppliers, and consumers across multiple sectors, including electronics, textiles, packaging, and potentially more industries as regulations expand. The DPP is particularly relevant to businesses operating in the EU or exporting goods to the EU, as it supports compliance with sustainability and circular economy regulations.
Benefit: The Digital Product Passport (DPP) is a digital tool designed to store and share comprehensive information about a product throughout its entire lifecycle. This includes details such as materials used, production methods, environmental impact, carbon footprint, and instructions for repair, recycling, or disposal. By facilitating transparency and traceability, DPP aims to support the EU’s shift toward a circular economy, where products are designed to last longer, and their materials can be reused or recycled effectively.
Key Product Categories Covered:
Electronics & ICT: Smartphones, laptops, household appliances, etc.
Textiles: Clothing, footwear, and home textiles.
Batteries: Used in electric vehicles, electronics, and industrial applications.
Packaging: Plastic, paper, glass, and metal packaging materials.
Construction Materials: Cement, steel, wood, insulation.
Vehicles: Cars, trucks, and other transportation equipment.
More products, including furniture and agricultural goods, may be added in the future as the initiative expands.
What It Tracks:
Materials Composition: Details on the raw materials and components used in the product, including their origin.
Environmental Impact: Information on the product’s carbon footprint, energy consumption during production, and overall environmental impact.
Recycling and Disposal Information: Instructions on how to properly recycle or dispose of the product at the end of its life.
Repairability & Durability: Data on how the product can be repaired or upgraded to extend its lifespan, contributing to circularity.
Hazardous Substances: Identification of any hazardous materials used in the product, ensuring safe handling and disposal.
Long-Term Goals: DPP aims to advance the circular economy by ensuring product information is accessible to all stakeholders, facilitating the reuse and recycling of materials, and improving sustainability reporting and compliance.
Certifies: While not a certification itself, the DPP ensures transparency and traceability for products, allowing companies to verify and communicate compliance with sustainability standards and circular economy regulations.
Relevant Links:
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Administrative Body: Government of Canada
Applies to: All sectors and industries in Canada responsible for adhering to environmental regulations and contributing to national climate goals.
Benefit: Provides oversight and enforcement of environmental laws, develops policies on climate action, and supports initiatives that protect Canada’s environment and combat climate change.
Certifies: Regulatory compliance with environmental laws and climate action targets in Canada.
Relevant Links:
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Certification Body: UL (Underwriters Laboratories)
Applies to: A wide range of products and services across multiple industries, including cleaning products, office supplies, building materials, personal care, and more, that meet stringent environmental performance standards.
Benefit: ECOLOGO® Certification is a trusted third-party certification that verifies the environmental performance of products and services throughout their life cycle. Products bearing the ECOLOGO® mark are evaluated based on criteria such as energy efficiency, resource use, toxicity reduction, packaging, and environmental impact. ECOLOGO® helps businesses demonstrate their commitment to sustainability, meet consumer demand for eco-friendly products, and improve marketability. It is recognized under several green procurement policies and can support an organization’s broader ESG (Environmental, Social, Governance) goals.
Key benefits for businesses include:
Increased Consumer Trust: The ECOLOGO® label is recognized by governments, institutions, and consumers as a reliable mark of sustainability, helping businesses differentiate their products as environmentally preferable.
Improved Market Access: Certified products are preferred in green purchasing programs and government procurement, helping businesses access new markets and customers.
Environmental Leadership: Achieving ECOLOGO® certification signals a strong commitment to reducing environmental impact and supports sustainability reporting and branding efforts.
Certification Criteria: ECOLOGO® evaluates products based on a comprehensive life cycle assessment, which includes:
Resource Use: Minimizing raw materials and natural resource consumption.
Energy Efficiency: Reducing energy use during production and throughout the product’s lifecycle.
Toxicity Reduction: Using non-toxic, safe ingredients and chemicals.
Waste Management: Minimizing waste production and promoting recycling or reuse.
Packaging & End-of-Life Impact: Reducing packaging waste and designing products for easier disposal or recycling.
Certifies: That products and services meet rigorous environmental performance standards, supporting sustainability goals and reducing environmental impact across the entire life cycle.
Relevant Links:
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Program Administrator: City of Edmonton
Applies to: Commercial and institutional buildings in Edmonton larger than 20,000 square feet.
Benefit: Tracks energy performance to identify opportunities for efficiency improvements, lower operational costs, and reduce environmental impact.
Certifies: That buildings are reporting energy performance data, helping to compare similar buildings and drive energy improvements.
Relevant Links:
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Administrative Body: While embodied carbon itself is not regulated by a single body, it is a critical concept addressed by numerous global organizations, including the World Green Building Council (WorldGBC), International Organization for Standardization (ISO), and certifications like LEED, BREEAM, and Environmental Product Declarations (EPD) frameworks.
Applies to: The construction, manufacturing, real estate, and infrastructure sectors. Embodied carbon refers to the total greenhouse gas (GHG) emissions generated throughout the lifecycle of a material or product, specifically during the extraction, manufacturing, transportation, and installation phases.
Benefit: Embodied carbon is becoming an essential metric in the push toward sustainable construction and manufacturing practices. Unlike operational carbon, which refers to the emissions produced during the use phase of a building or product, embodied carbon accounts for all GHG emissions released before the product or building is operational. By measuring and reducing embodied carbon, businesses can significantly lower the total carbon footprint of their projects, align with climate goals, and meet growing regulatory requirements.
Key benefits for businesses include:
Carbon Footprint Reduction: Addressing embodied carbon allows businesses to reduce the total GHG emissions of their projects, contributing to global climate targets such as the Paris Agreement.
Regulatory Compliance: Increasingly, governments and regulatory bodies are requiring companies to report on and reduce embodied carbon, particularly in the construction and manufacturing sectors.
Supply Chain Transparency: Measuring embodied carbon provides insights into the environmental impact of materials and supply chains, helping companies choose more sustainable materials and processes.
Competitive Advantage: Reducing embodied carbon enhances a company’s reputation for sustainability, attracting investors, clients, and customers who prioritize eco-friendly practices.
What It Includes:
Raw Material Extraction: Emissions generated during the extraction and processing of raw materials such as steel, concrete, or wood.
Manufacturing and Production: Emissions from the production of building materials and products.
Transportation: Carbon emissions resulting from the transport of materials to the construction site or manufacturing facility.
Construction or Installation: Emissions associated with assembling and installing materials on-site, including the use of machinery and equipment.
Certifies: While embodied carbon is not a certification itself, it is an important factor in certifications and reporting frameworks such as LEED, BREEAM, WELL, and EPD (Environmental Product Declarations), which encourage businesses to reduce embodied carbon and promote sustainable building practices.
Relevant Links:
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Certification Body: Natural Resources Canada (NRCan) in partnership with the U.S. Environmental Protection Agency (EPA)
Applies to: Commercial, residential, and industrial buildings, as well as appliances and products, that meet strict energy efficiency performance standards in Canada and the U.S.
Benefit: ENERGY STAR® is a globally recognized symbol for energy efficiency, helping organizations and individuals reduce energy consumption, lower greenhouse gas emissions, and save on operational costs. ENERGY STAR-certified buildings and products must meet or exceed energy performance standards set by the program. The certification allows businesses to demonstrate environmental leadership, attract eco-conscious customers, and improve their bottom line through significant energy savings.
Key benefits to customers include:
Operational Cost Savings: Buildings that achieve ENERGY STAR Certification use, on average, 35% less energy than typical buildings, resulting in reduced utility bills and operational expenses over the long term.
Improved Marketability and Property Value: ENERGY STAR-certified buildings have a higher market appeal as they signal energy efficiency and lower operating costs. This can lead to increased tenant retention, property value, and competitiveness in the real estate market.
Environmental Impact: Certified buildings contribute to climate change mitigation by lowering greenhouse gas emissions and reducing reliance on non-renewable energy sources. Organizations can use ENERGY STAR to track and report on sustainability goals, helping meet regulatory and corporate environmental targets.
Recognition and Public Trust: The ENERGY STAR label is trusted by consumers, investors, and tenants as a mark of energy efficiency excellence, making it an important certification for businesses looking to enhance their environmental credibility.
Certification Criteria:
Buildings and products must score in the top 25% of energy performance in their respective categories to qualify for certification.
For buildings, energy performance is measured using the ENERGY STAR Portfolio Manager®, which benchmarks energy consumption against similar properties nationwide. To receive certification, a building must achieve a score of 75 or higher (on a scale of 1 to 100).
Products, such as appliances, HVAC systems, and lighting, must meet strict energy efficiency criteria developed by the EPA or NRCan. These products typically use 20-30% less energy than standard alternatives, contributing to both energy savings and emissions reductions.
Certifies: That a building, product, or appliance meets or exceeds stringent energy efficiency standards, helping reduce energy consumption, greenhouse gas emissions, and operational costs. ENERGY STAR-certified buildings are eligible to display the ENERGY STAR label, demonstrating their commitment to energy efficiency and sustainability.
Certification Categories: ENERGY STAR certification applies to:
Commercial Buildings: Offices, retail, schools, hospitals, etc.
Residential Buildings: Homes, multi-family buildings.
Products and Appliances: HVAC, lighting, home appliances, electronics, and more.
Relevant Links:
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Certification Body: Verified by independent third-party organizations, following standards set by the International Organization for Standardization (ISO), such as ISO 14025 and ISO 21930.
Applies to: Manufacturers of products in various sectors, including construction materials, consumer goods, electronics, and packaging, looking to provide transparent, verified data on the environmental impact of their products.
Benefit: An Environmental Product Declaration (EPD) is a comprehensive, standardized document that details the environmental impact of a product throughout its entire lifecycle, from raw material extraction to end-of-life disposal. EPDs provide transparency to customers and stakeholders, enabling businesses to demonstrate their commitment to sustainability and support green building certifications like LEED and BREEAM. By offering verified data on resource use, emissions, and waste, EPDs help businesses meet sustainability targets, reduce environmental impacts, and improve decision-making in procurement and product design.
Key benefits for businesses include:
Increased Marketability: EPDs are often required or preferred in green building certifications and procurement processes, helping businesses align with sustainability initiatives and market their products as eco-friendly.
Regulatory and Certification Compliance: EPDs help businesses comply with environmental regulations and standards, as well as contribute points toward certifications like LEED, and BREEAM.
Supply Chain Transparency: EPDs provide verified, comprehensive data on the environmental impact of materials and products, helping companies make informed decisions about resource use and product design.
Support for ESG Reporting: EPDs allow businesses to communicate the environmental performance of their products, supporting corporate sustainability and ESG (Environmental, Social, and Governance) reporting.
Certifies: While not a certification itself, an EPD provides verified environmental data for a product, allowing businesses to communicate sustainability claims transparently and support environmental impact assessments.
What It Tracks:
Global Warming Potential (GWP): Carbon footprint of the product.
Resource Use: Energy, water, and raw materials consumed during the product's lifecycle.
Waste Generation: Solid waste produced during manufacturing and disposal.
Ozone Depletion and Other Environmental Impacts: Data on emissions that affect the ozone layer, air pollution, and water contamination.
Relevant Links:
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Administrative Body: Provincial and municipal governments (varies by province/territory)
Applies to:
Producers: Companies that manufacture or import products destined for eventual waste, such as packaging, electronics, and tires. Producers are required to manage and fund the recycling or disposal of these products at the end of their life.
Retailers: In some cases, retailers who sell products covered by EPR programs must also participate in waste management and recycling schemes, especially when selling private-label products.
Importers and Distributors: Businesses that bring products into the market (such as electronics or packaged goods) are often held responsible for ensuring proper waste management, including collection, recycling, and safe disposal.
Benefit:
EPR is a policy framework that shifts the responsibility for managing waste from local governments to producers, importers, distributors, and retailers. It requires these entities to take responsibility for the full lifecycle of their products, including collection, recycling, and disposal. EPR programs typically cover packaging, electronics, tires, batteries, paint, and other materials, depending on the jurisdiction. This reduces the environmental impact and promotes circular economy practices.Certifies: Compliance with local and provincial regulations that mandate producer responsibility for end-of-life product management, including collection, recycling, and safe disposal. Key EPR programs across Canadian provinces include:
British Columbia
Organization Name: Recycle BC
Key Products Covered: Packaging and printed paper, electronics, tires, beverage containers, paint, and more.
Relevant Links: https://recyclebc.ca/Alberta
Organization Name: Alberta Recycling Management Authority
Key Products Covered: Electronics, tires, used oil materials, paint.
Relevant Links: https:/ /www.albertarecycling.ca/Saskatchewan
Organization Name: Multi-Material Stewardship Western (MMSW)
Key Products Covered: Packaging and printed paper, electronics, paint, used oil.
Relevant Links: https://www.mmsk.ca/Manitoba
Organization Name: Multi-Material Stewardship Manitoba (MMSM)
Key Products Covered: Packaging and printed paper, electronics, tires, paint, household hazardous waste.
Relevant Links:https://stewardshipmanitoba.org/Ontario
Organization Name: Ontario’s Resource Productivity and Recovery Authority (RPRA)
Key Products Covered: Packaging and printed paper, electronics, tires, batteries, hazardous waste.
Relevant Links: https://rpra.ca/Quebec
Organization Name: Éco Entreprises Québec (ÉEQ)
Key Products Covered: Packaging and printed paper, electronics, batteries, paint, household hazardous waste.
Relevant Links: https://www.eeq.ca/en/New Brunswick
Organization Name: Recycle NB
Key Products Covered: Packaging and printed paper, electronics, tires, paint, household hazardous waste.
Relevant Links: https://www.recyclenb.com/Nova Scotia
Organization Name: Nova Scotia Environment
Key Products Covered: Electronics, tires, beverage containers, paint.
Relevant Links: https://www.novascotia.ca/nse/Prince Edward Island
Organization Name: Island Waste Management Corporation (IWMC)
Key Products Covered: Electronics, beverage containers, tires.
Relevant Links: https://www.iwmc.pe.ca/Newfoundland and Labrador
Organization Name: Multi-Materials Stewardship Board (MMSB)
Key Products Covered: Packaging and printed paper, electronics, tires, paint, beverage containers.
Relevant Links: https://www.mmsb.nl.ca/Yukon
Organization Name: Yukon Government, Department of Environment
Key Products Covered: Electronics, tires, beverage containers.
Relevant Links: https://yukon.ca/Northwest Territories
Organization Name: Government of Northwest Territories, Environment and Natural Resources
Key Products Covered: Electronics, tires, beverage containers.
Relevant Links: https://www.enr.gov.nt.ca/enNunavut
Organization Name: Government of Nunavut
Key Products Covered: Currently limited, but there are discussions about future expansions of EPR programs.
Relevant Links: https://www.gov.nu.ca/
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Administrative Body: Multiple frameworks and standards (e.g., GRI, ISSB)
Applies to: Organizations of all sizes and sectors that aim to integrate sustainability into their core operations and improve transparency in environmental, social, and governance practices.
Benefit: ESG frameworks help businesses manage risks, identify opportunities, and create long-term value by incorporating sustainability and ethical governance into decision-making processes. They guide companies in disclosing how they address environmental impacts (e.g., carbon emissions), social factors (e.g., labor practices and community engagement), and governance issues (e.g., board diversity and anti-corruption measures), enhancing accountability to stakeholders such as investors, customers, and regulators.
Certifies: Compliance with various ESG reporting standards that measure and disclose a company’s sustainability performance. Widely recognized frameworks include the Global Reporting Initiative (GRI), which focuses on comprehensive sustainability reporting, and the International Sustainability Standards Board (ISSB), which provides global standards for sustainability disclosures to meet the needs of capital markets.
Relevant Links:
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Program Administrator: Natural Resources Canada (NRCan)and U.S. Environmental Protection Agency (EPA)
Applies to: Building owners and operators in commercial, institutional, and multi-family residential buildings aiming to track energy and water consumption.
Benefit: Provides a free, online tool to measure and track energy and water use, compare performance to similar buildings, and identify opportunities for improvement.
Certifies: That buildings are being monitored for energy and water use, which can lead to ENERGY STAR® certification if efficiency standards are met.
Relevant Links:
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Certification Body: Center for Active Design (CfAD)
Applies to: Real estate developers, property managers, and building owners aiming to enhance health and well-being within the built environment.
Benefit: Fitwel Certification focuses on promoting occupant health and well-being through design and operational strategies. It is known for being less expensive and less stringent than WELL Certification, making it a more accessible option for projects with smaller budgets. Fitwel provides a flexible, science-backed approach to improving workplace and residential health outcomes, making it especially appealing for developers and businesses looking to prioritize wellness without the high costs.
Key benefits to customers include:
Increased tenant and employee satisfaction: Healthier building environments lead to improved productivity, reduced absenteeism, and greater tenant retention.
Lower costs compared to other wellness certifications: Fitwel provides a cost-effective way to prioritize health and wellness in the built environment, especially for organizations with budget constraints.
Enhanced property marketability: Buildings with Fitwel Certification can stand out to health-conscious tenants and investors, adding value in competitive markets.
Scalable and flexible approach: With different certification modules like the Viral Response Module (VRM) and the Health Safety Rating (HSR), Fitwel allows properties to focus on immediate priorities like safety, while also enhancing broader health outcomes over time.
Types of Fitwel Certifications:
Fitwel v2.1: The primary certification for commercial and residential buildings focused on holistic health and well-being.
Fitwel Viral Response Module (VRM): A specific module that helps buildings implement strategies to mitigate viral transmission, particularly relevant post-pandemic.
Fitwel Health Safety Rating (HSR): A rating specifically focused on operational policies that enhance occupant safety and preparedness during health emergencies.
Certifies: That a building’s design and operations support occupant health and wellness, encouraging healthy habits, productivity, and well-being in the built environment.
Relevant Links:
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Certification Body: Forest Stewardship Council (FSC)
Applies to: Forest managers and companies in the forest products supply chain, including timber, paper, and packaging, aiming to ensure that their products come from responsibly managed forests.
Benefit: Certifies that forest products are sourced from well-managed forests that provide environmental, social, and economic benefits, ensuring sustainability, biodiversity, and the rights of indigenous peoples.
Certifies: That forest products meet stringent standards for sustainability, responsible forest management, and traceability throughout the supply chain, promoting sustainable forestry practices.
Relevant Links:
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Certification Body: Fair Trade International or Fair Trade USA
Applies to: Farmers, workers, and businesses involved in the production of goods such as coffee, tea, cocoa, textiles, and other agricultural products, focusing on fair wages, ethical labor practices, and environmental sustainability.
Benefit: Ensures that producers are paid fair prices for their goods, promotes sustainable farming practices, and enhances the welfare of farming communities through better working conditions and fair trade agreements.
Certifies: That products meet rigorous social, economic, and environmental standards, guaranteeing that they are ethically sourced and contribute to sustainable development and fair trade practices.
Relevant Links:
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Administrative Body: Measured and reported using frameworks like the GHG Protocol
Applies to: Organizations, industries, and governments worldwide, as greenhouse gases (GHGs) are emitted through activities like energy production, transportation, manufacturing, and agriculture.
Benefit: Monitoring and reducing GHG emissions is essential for mitigating climate change and meeting global sustainability goals. By tracking and managing these emissions, organizations can reduce their carbon footprint and align with international sustainability commitments. GHG emissions are typically divided into three categories:
Scope 1: Direct emissions from owned or controlled sources, such as fuel combustion in company-owned vehicles or facilities.
Scope 2: Indirect emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the organization.
Scope 3: Indirect emissions that occur in the value chain, including both upstream (e.g., supplier emissions) and downstream (e.g., product use and disposal) activities.
Certifies: The amount of greenhouse gases (such as carbon dioxide, methane, and nitrous oxide) emitted by an organization. Reporting can be conducted under frameworks like the GHG Protocol, which provides standardized guidelines for measuring and managing emissions across Scope 1, 2, and 3.
Relevant Links:
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Administrative Body: World Resources Institute (WRI) and World Business Council for Sustainable Development (WBCSD)
Applies to: Organizations, governments, and industries worldwide that need to measure and manage their greenhouse gas (GHG) emissions.
Benefit: Provides a comprehensive framework for measuring and managing GHG emissions, helping organizations track their direct and indirect emissions (Scope 1, 2, and 3) and align with global climate goals.
Certifies: That organizations are accurately measuring, managing, and reporting their GHG emissions in line with globally recognized standards. The GHG Protocol is widely used for corporate and government emissions reporting.
Relevant Links:
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Administrative Body: GRESB
Applies to: Real estate companies, property funds, and infrastructure assets looking to assess their environmental, social, and governance (ESG) performance.
Benefit: Offers a global benchmark for real estate portfolios and infrastructure, helping investors evaluate ESG risks and opportunities, improve sustainability performance, and drive value creation in the property sector.
Certifies: That real estate assets and portfolios meet global standards for sustainability, focusing on aspects like environmental impact, social responsibility, and governance practices.
Relevant Links:
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Certification Body: Green Seal®
Applies to: A wide range of products and services, including cleaning products, paper, paints, coatings, building maintenance, and more. It is primarily used in the U.S. but is recognized globally as a leading environmental certification.
Benefit: Green Seal® Certification is a trusted third-party certification that verifies products and services for meeting rigorous sustainability and environmental standards. Products bearing the Green Seal mark are evaluated based on environmental performance, safety, health, and product efficacy. Green Seal certification ensures that products contribute to healthier indoor and outdoor environments, making it a valuable asset for companies focused on reducing their environmental footprint and improving their sustainability performance.
Key benefits for businesses include:
Improved Consumer Trust: The Green Seal label is widely recognized by consumers, institutions, and procurement programs as a mark of environmental responsibility, helping businesses differentiate their products in the marketplace.
Access to Green Procurement Programs: Green Seal certification is often required or preferred by institutional buyers, including governments, schools, and healthcare facilities, helping companies meet green purchasing requirements.
Support for ESG Goals: Green Seal certification helps businesses enhance their sustainability reporting and comply with ESG (Environmental, Social, and Governance) standards by demonstrating a commitment to environmental and health safety.
Certifies: That products and services meet the highest standards for sustainability, health safety, and environmental performance, offering a comprehensive assessment across the product's life cycle.
Certification Criteria: Products and services certified by Green Seal must meet stringent environmental and performance criteria, including:
Reduced Toxicity: Ensuring that products are free of harmful chemicals that can affect health or the environment.
Sustainability: Minimizing the environmental impact of raw material sourcing, manufacturing processes, and product disposal.
Product Efficacy: Products are tested for performance to ensure they meet high standards of effectiveness.
Energy and Water Efficiency: Products and services are evaluated for efficient use of resources throughout their lifecycle.
Relevant Links:
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Administrative Body: Global Reporting Initiative (GRI)
Applies to: Organizations of all sizes and sectors that want to transparently report their environmental, social, and governance (ESG) impacts.
Benefit: Provides globally recognized standards for sustainability reporting, helping companies disclose their ESG performance, improve transparency, and engage stakeholders in sustainability efforts.
Certifies: That organizations meet the GRI Standards for comprehensive and transparent sustainability reporting, enhancing accountability and helping align with global sustainability goals.
Relevant Links:
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Administrative Body: Government of Ontario (IESO)
Applies to: Energy producers, consumers, regulators, and businesses in Ontario, responsible for ensuring a reliable, cost-effective electricity supply in the province.
Benefit: IESO plays a critical role in managing Ontario’s electricity grid while also offering programs and incentives that support energy efficiency and sustainability. These include:
Energy Efficiency Incentives: IESO provides financial incentives for businesses and consumers to reduce energy consumption through programs like the Save on Energy initiative. These programs help fund energy-efficient equipment upgrades and process improvements, reducing energy use and costs.
Renewable Energy Support: IESO facilitates the integration of renewable energy sources, helping Ontario shift toward a cleaner energy future.
Demand Response Programs: These programs reward businesses for reducing electricity use during peak demand times, which contributes to grid stability and lowers environmental impact.
Conservation Initiatives: IESO offers a variety of conservation programs that help businesses and consumers adopt sustainable energy practices, reducing their overall carbon footprint.
Certifies: That Ontario’s electricity grid is operated efficiently and sustainably, ensuring compliance with provincial regulations and supporting energy conservation and renewable energy goals.
Relevant Links:
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Administrative Body: International Financial Reporting Standards (IFRS) Foundation
Applies to: Organizations worldwide that report financial statements to investors, regulators, and other stakeholders.
Benefit: Provides globally accepted accounting standards that ensure financial transparency, comparability, and integrity, helping organizations meet regulatory requirements and investor expectations. The IFRS Foundation also oversees the International Sustainability Standards Board (ISSB), which focuses on developing a global baseline of sustainability disclosure standards to ensure consistent and reliable sustainability-related financial reporting.
Certifies: That financial statements are prepared in accordance with internationally recognized accounting standards, ensuring transparency and consistency in financial reporting, while also guiding sustainability reporting through the ISSB.
Relevant Links:
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Administrative Body: ISO (International Organization for Standardization)
Applies to: Organizations across all sectors that aim to ensure their products, services, and systems meet internationally recognized standards for quality, safety, efficiency, and sustainability.
Benefit: ISO develops and publishes international standards that help organizations improve sustainability, governance, and social responsibility. Key ESG-related standards include:
ISO 14001 (Environmental Management Systems): Helps organizations minimize their environmental impact by setting up frameworks for sustainable practices, resource efficiency, and regulatory compliance.
ISO 45001 (Occupational Health and Safety): Focuses on protecting workers' health and safety, contributing to a safer and more socially responsible workplace.
ISO 26000 (Social Responsibility): Provides guidance on how organizations can operate in a socially responsible and sustainable manner, focusing on ethical behavior, human rights, and community involvement.
ISO 50001 (Energy Management Systems): Helps organizations improve energy performance and reduce their energy footprint, aligning with sustainability and climate goals.
Certifies: That organizations meet globally recognized standards for environmental responsibility, social governance, and sustainability, ensuring alignment with ESG principles and stakeholder expectations.
Relevant Links:
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Administrative Body: International Financial Reporting Standards (IFRS) Foundation
Applies to: Companies, investors, and financial institutions aiming to disclose consistent and comparable sustainability-related financial information, supporting informed decision-making.
Benefit: The ISSB was created to establish a global baseline for sustainability-related financial disclosures, ensuring that businesses provide investors with reliable, decision-useful sustainability information. The ISSB has integrated or built upon the work of major sustainability frameworks, including:
SASB (Sustainability Accounting Standards Board): Previously provided industry-specific standards for companies to disclose financially material ESG information. These standards helped companies communicate how sustainability issues impacted financial performance, making them critical for investors.
TCFD (Task Force on Climate-related Financial Disclosures): Developed recommendations for disclosing climate-related financial risks and opportunities. It focused on how climate change could affect a company’s financial health and the need for transparency in addressing climate-related risks.
TNFD (Task Force on Nature-related Financial Disclosures): Similar to TCFD but focused on nature-related risks, such as biodiversity loss and ecosystem degradation. TNFD helped organizations assess and report dependencies on natural resources and how nature-related risks could impact financial performance.
The ISSB has integrated the best elements of these frameworks to create comprehensive sustainability disclosure standards. By consolidating these into a single set of global standards, ISSB helps streamline sustainability reporting for businesses and improves the quality and consistency of ESG data provided to investors.
Certifies: That organizations are disclosing sustainability-related financial information in line with globally accepted standards. The ISSB standards cover climate, nature, and other material ESG factors, providing investors with consistent and comparable data for evaluating sustainability risks and opportunities.
Relevant Links:
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Administrative Body: Various (guided by standards like ISO 14040 and ISO 14044)
Applies to: Manufacturers, product designers, industries, and companies across various sectors aiming to assess and minimize the environmental impact of their products, processes, or services throughout their lifecycle.
Benefit: Life Cycle Assessment (LCA) is a systematic approach used to evaluate the environmental impacts associated with all stages of a product’s life, from raw material extraction, manufacturing, distribution, use, to its end-of-life disposal. LCA helps businesses identify the environmental footprint of their operations and products, such as energy use, water consumption, greenhouse gas emissions, and waste generation. By understanding the full environmental impact, companies can make informed decisions to reduce resource consumption, improve sustainability, and enhance product design. LCA is essential for businesses seeking to comply with environmental regulations, achieve sustainability certifications, and align with circular economy principles.
Key benefits for businesses include:
Improved Sustainability: Identifying environmental hotspots in a product’s lifecycle helps businesses reduce waste, emissions, and resource consumption.
Regulatory Compliance: LCA helps organizations meet environmental standards and comply with sustainability regulations.
Enhanced Product Design: By understanding the environmental impacts of each stage, companies can design more sustainable products.
Support for Circular Economy Goals: LCA enables companies to optimize resource use and support the transition to a circular economy by promoting the reuse and recycling of materials.
Certifies: While LCA itself is not a certification, it is used to support environmental certifications such as Cradle to Cradle Certified™, LEED, and Environmental Product Declarations (EPDs). The assessment is carried out according to internationally recognized standards such as:
ISO 14040: Principles and framework for LCA.
ISO 14044: Requirements and guidelines for conducting an LCA.
Relevant Links:
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Certification Body: Green Building Certification Institute in partnership with Canada Green Building Council (CaGBC) and U.S. Green Building Council (USGBC)
Applies to: New and existing buildings, interior spaces, and neighborhoods focused on sustainability.
Benefit: LEED is a globally recognized certification system that helps projects reduce energy use, water consumption, waste, and greenhouse gas emissions. Achieving LEED certification enhances building efficiency, increases property value, and promotes occupant health. It demonstrates environmental leadership and aligns with ESG (Environmental, Social, and Governance) goals.
LEED v4: Key Features
LEED v4 emphasizes performance-based design with a focus on energy efficiency, materials transparency, and water conservation.
Key Categories:
Energy & Atmosphere: Energy performance, renewable energy integration, and meeting ASHRAE 90.1-2010 standards.
Water Efficiency: Reducing water consumption through efficient systems.
Materials & Resources: Responsible sourcing, life-cycle assessments, and minimizing waste.
Indoor Environmental Quality: Enhancing indoor air quality, natural lighting, and occupant comfort.
Location & Transportation, Sustainable Sites, Innovation, and Regional Priority.
Certifies: Buildings based on high standards of design and construction that prioritize energy savings, material use, and environmental impact.
LEED v4.1: Key Features
Introduced in 2019, LEED v4.1 builds on v4 by shifting focus from design intent to actual performance metrics, especially for energy, water, and waste.
Key Updates:
Performance-Based Approach: Emphasizes real-world data on energy, water, and waste, allowing buildings to demonstrate efficiency in actual operations.
Updated Energy Standards: Uses ASHRAE 90.1-2016 for higher energy efficiency requirements.
Simplified Materials Criteria: Streamlined approach to materials credits, focusing on reducing embodied carbon.
Flexibility for Existing Buildings: More pathways for improving performance incrementally over time, particularly for operational buildings.
Certifies: Buildings that meet updated performance standards based on real data, making it easier for existing buildings to achieve incremental improvements.
Certification Levels for Both LEED v4 and v4.1:
Projects are awarded one of four certification levels based on performance across sustainability categories:
Certified: 40–49 points
Silver: 50–59 points
Gold: 60–79 points
Platinum: 80+ points
Types of LEED Certification:
LEED for Building Design and Construction (BD+C): New buildings and major renovations.
LEED for Operations and Maintenance (O+M): Existing buildings focused on improving performance.
LEED for Interior Design and Construction (ID+C): Tenant fit-outs and interior spaces.
LEED for Neighborhood Development (ND): Mixed-use developments and neighborhoods.
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Administrative Body:City of Montreal
Applies to: Owners of large commercial and institutional buildings in Montreal, generally over 2,000 square meters (21,500 sq ft), who must disclose their greenhouse gas (GHG) emissions and energy performance.
Benefit: Encourages building owners to reduce their carbon footprint by promoting transparency and accountability in GHG emissions. Buildings are rated based on their performance, incentivizing energy efficiency improvements and carbon reductions.
Certifies: That building owners comply with Montreal’s by-law requirements for GHG disclosure and performance ratings, contributing to the city’s climate goals and overall sustainability.
Relevant Links:
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Certification Body: Marine Stewardship Council (MSC)
Applies to: Fisheries and supply chains involved in seafood production, including fishing, processing, and distribution, ensuring that seafood is sourced from sustainable and well-managed fisheries.
Benefit: Promotes sustainable fishing practices that protect marine environments, prevent overfishing, and support fishery-dependent communities. MSC-certified products are favored by consumers and retailers looking for responsibly sourced seafood, improving market access and brand reputation.
Certifies: That seafood products meet rigorous sustainability standards, including preventing overfishing and minimizing environmental impact, based on MSC’s independent, science-based assessment criteria.
Relevant Links:
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Administrative Body: United Nations Framework Convention on Climate Change (UNFCCC)
Applies to: Countries participating in the Paris Agreement, each of which sets out their Nationally Determined Contributions (NDCs) outlining their targets for reducing greenhouse gas emissions and adapting to climate change impacts.
Benefit: NDCs are the foundation of global efforts to combat climate change, enabling countries to commit to specific emissions reduction targets based on their unique economic and environmental circumstances. For businesses, NDCs provide a roadmap for understanding future regulatory environments and climate-related risks and opportunities.
Certifies: Each country’s climate goals and commitments under the Paris Agreement, aiming to limit global temperature increases and mitigate the impacts of climate change.
Relevant Links:
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Administrative Body: Many governments, international organizations, and frameworks such as the United Nations,Science-Based Targets Initiative (SBTi), and International Energy Agency (IEA) provide guidance on achieving net zero emissions.
Applies to: All sectors and industries, including corporations, governments, and individuals, aiming to balance the amount of greenhouse gases emitted with an equivalent amount of emissions removed from the atmosphere.
Benefit: Net zero emissions refers to the point at which the amount of greenhouse gases (GHGs) emitted into the atmosphere is balanced by the amount removed or offset, resulting in a net impact of zero emissions. Achieving net zero typically involves reducing Scope 1, Scope 2, and Scope 3 emissions as much as possible, and then using carbon removal strategies or purchasing carbon offsets to address any remaining emissions. Net zero is considered critical for limiting global warming to 1.5°C above pre-industrial levels, as outlined in the Paris Agreement. For companies, adopting a net zero strategy not only demonstrates climate leadership but also prepares them for future regulatory requirements and market shifts towards sustainability.
Key benefits for businesses include:
Climate Leadership: Companies that commit to net zero demonstrate their dedication to long-term sustainability, positioning themselves as climate leaders in their industry.
Investor and Consumer Trust: Meeting net zero targets enhances corporate accountability and builds trust with investors, consumers, and stakeholders focused on ESG performance.
Regulatory Compliance: Many governments are setting mandatory net zero targets, and early adoption helps businesses stay ahead of potential regulations and carbon pricing schemes.
Risk Mitigation: Reducing emissions lowers exposure to future carbon costs, regulatory risks, and reputational damage associated with high emissions.
Certifies: Net zero is not typically certified by a single organization, but companies can use recognized frameworks and initiatives such as:
Science-Based Targets Initiative (SBTi): Helps companies set science-based targets to achieve net zero.
Carbon Neutral Certification: Organizations may seek third-party verification of their carbon neutrality as part of their path to net zero.
Carbon Offsetting & Removal Projects: Businesses often invest in carbon removal projects, such as reforestation or technological carbon capture, to balance out residual emissions.
Key difference from Carbon Neutrality: While carbon neutrality can be achieved by offsetting any remaining emissions through carbon offsets, net zero focuses on significantly reducing emissions across the entire value chain, including Scope 3, before resorting to offsets for the remaining balance.
Relevant Links:
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Administrative Body: United Nations Environment Programme Finance Initiative (UNEP FI)
Applies to: Institutional investors, including pension funds and insurance companies, that aim to align their portfolios with net-zero greenhouse gas emissions by 2050.
Benefit: NZAOA members commit to transitioning their investment portfolios to net-zero emissions, supporting the transition to a low-carbon economy. This promotes long-term financial stability while driving significant reductions in carbon emissions across various sectors.
Certifies: That asset owners are working to achieve net-zero emissions across their portfolios by 2050, aligning with the goals of the Paris Agreement and ensuring sustainable financial practices.
Relevant Links:
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Certification Body: OEKO-TEX® Association
Applies to: Manufacturers, retailers, and brands in the textile and apparel industries that want to ensure their products are tested for harmful substances and meet strict safety standards.
Benefit: Certifies that textiles and fabrics have been tested for harmful substances, ensuring they are safe for human use. Products with OEKO-TEX® certification are free from high levels of chemicals and substances that could be harmful to consumers, increasing trust and marketability.
Certifies: That textile products and accessories (from raw materials to finished goods) meet stringent human-ecological safety standards, giving consumers confidence in the product's safety.
Relevant Links:
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Administrative Body: Government of Ontario, Ministry of the Environment, Conservation and Parks
Applies to: Businesses, industries, and organizations operating in Ontario, requiring them to comply with environmental standards to prevent pollution and protect the environment.
Benefit: Establishes the legal framework for protecting the environment in Ontario, covering air and water quality, hazardous waste management, and the prevention of pollution. Compliance ensures that companies minimize their environmental impact and avoid penalties.
Certifies: That businesses and organizations adhere to environmental protection laws, ensuring compliance with standards designed to safeguard air, land, and water resources in Ontario.
Relevant Links:
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Administrative Body: Government of Ontario, Ministry of Energy & Electrification
Applies to: Large commercial, industrial, and multi-unit residential buildings in Ontario over 50,000 square feet. Building owners are required to report their annual energy and water use to the government.
Benefit: Encourages building owners to track and benchmark their energy and water consumption, identifying opportunities for efficiency improvements and cost savings. Public reporting also promotes transparency and helps drive sustainability in the building sector.
Certifies: That building owners are complying with energy and water reporting requirements, helping them measure their performance against similar buildings and work toward energy efficiency goals.
Relevant Links:
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Administrative Body: Government of Ontario, Ministry of the Environment, Conservation and Parks
Applies to: Producers, manufacturers, and companies involved in packaging, electronics, and hazardous materials, who are required to reduce waste and improve recycling under Ontario’s extended producer responsibility (EPR) programs.
Benefit: Aims to reduce waste and transition to a circular economy by making producers responsible for the lifecycle management of their products. Companies are encouraged to design for sustainability and increase recycling rates to help Ontario achieve its zero-waste goals.
Certifies: That businesses comply with waste reduction and recycling regulations, holding producers accountable for reducing their waste and managing the end-of-life disposal of their products.
Relevant Links:
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Administrative Body: United Nations supported by PRI (Principles for Responsible Investment)
Applies to: Institutional investors, asset managers, and service providers who aim to incorporate environmental, social, and governance (ESG) factors into their investment decisions and ownership practices.
Benefit: The Principles for Responsible Investment (PRI) is a global network of investors committed to integrating ESG factors into their investment decisions. By signing the PRI, investors agree to uphold six principles that guide responsible investment practices, encouraging long-term value creation, sustainable markets, and better governance. The PRI is not a certification, but rather a commitment to adopting and reporting on these responsible investment principles. It helps investors manage risks, enhance returns, and align their portfolios with global sustainability goals, including the UN Sustainable Development Goals (SDGs) and the Paris Agreement.
Key benefits for businesses include:
Enhanced Investment Returns: Incorporating ESG factors into investment strategies can lead to better long-term financial performance by managing sustainability-related risks.
Attraction of Capital: Signatories to the PRI attract investors who prioritize responsible and sustainable investment practices, improving access to capital from ESG-conscious stakeholders.
Reputation and Leadership: Signing the PRI demonstrates a commitment to responsible investment, enhancing a firm's reputation as a leader in sustainability and ethical investing.
Risk Management: Incorporating ESG issues helps investors better assess risks related to environmental changes, social impact, and governance practices, thus protecting long-term value.
Certifies: While PRI is not a certification, it is a global initiative for responsible investment. Signatories commit to six guiding principles:
Incorporate ESG issues into investment analysis and decision-making processes.
Be active owners and incorporate ESG issues into ownership policies and practices.
Seek appropriate disclosure on ESG issues by the entities in which they invest.
Promote the acceptance and implementation of the Principles within the investment industry.
Work together to enhance effectiveness in implementing the Principles.
Report on activities and progress toward implementing the Principles.
Relevant Links:
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Certification Body: Rainforest Alliance
Applies to: Farmers, businesses, and supply chains involved in agriculture, forestry, and tourism, who aim to promote environmental sustainability, social responsibility, and economic resilience.
Benefit: Certifies that products such as coffee, tea, cocoa, and bananas are produced sustainably by ensuring environmental protection, ethical labor practices, and the promotion of community well-being. Rainforest Alliance certification helps businesses demonstrate their commitment to sustainable sourcing and responsible supply chain management.
Certifies: That products meet rigorous environmental, social, and economic standards, ensuring sustainable land use, biodiversity conservation, and fair treatment of workers in certified operations.
Relevant Links:
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Administrative Body: The Climate Group in partnership with CDP
Applies to: Corporations and businesses that commit to sourcing 100% of their electricity from renewable energy sources, such as solar, wind, and hydropower.
Benefit: RE100 provides a platform for companies to demonstrate leadership in clean energy by committing to 100% renewable electricity. Membership enhances corporate reputation, reduces operational emissions, and helps businesses meet their sustainability goals.
Certifies: That companies are committed to transitioning to 100% renewable electricity, helping to accelerate the global shift toward a low-carbon economy by promoting corporate leadership in clean energy use.
Relevant Links:
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Administrative Body: Managed and verified by organizations such as the Green-e Energy Program®, Bullfrog Power, Ontario Power Generation (OPG), and other renewable energy certification bodies.
Applies to: Businesses, utilities, and individuals purchasing renewable electricity, particularly those looking to reduce their Scope 2 emissions from purchased electricity.
Benefit: RECs (Renewable Energy Certificates) are tradable certificates that represent proof that 1 megawatt-hour (MWh) of electricity was generated from renewable energy sources such as wind, solar, or hydropower. By purchasing RECs, companies can claim the environmental benefits of renewable energy, even if they are using electricity from a mixed energy grid. RECs are critical for organizations looking to reduce their indirect emissions from purchased electricity (Scope 2) and promote the generation of renewable energy.
Key benefits for businesses include:
Emission Reduction: RECs allow businesses to claim their electricity consumption is offset by renewable energy, reducing their Scope 2 emissions.
Market Differentiation: Supporting renewable energy generation enhances brand reputation among investors and customers focused on sustainability.
Compliance with Standards: RECs are often used to meet sustainability goals, such as those set by LEED, GRESB, or other ESG frameworks.
Key difference from carbon offsets: RECs are specific to electricity generation and are used to address Scope 2 emissions related to purchased electricity. They do not directly reduce greenhouse gas emissions but instead promote renewable energy generation. Unlike carbon offsets, RECs do not compensate for emissions outside of electricity use.
Certifies: The purchase of RECs verifies that the electricity consumed is offset by renewable energy generation. Organizations like:
Green-e Energy Program provide certification to ensure the quality of RECs.
Relevant Links:
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Administrative Body: Originally established as the Sustainability Accounting Standards Board (SASB), now under the ISSB
Applies to: Companies across all sectors that seek to improve their environmental, social, and governance (ESG) disclosures and provide investors with decision-useful information related to sustainability risks and opportunities.
Benefit: SASB provides industry-specific sustainability accounting standards that help companies disclose financially material sustainability information to investors. These standards are designed to highlight ESG factors that could significantly impact financial performance, tailored to different industries. With the integration into the ISSB, SASB's industry-specific approach continues to guide companies in delivering high-quality, comparable sustainability information. The SASB standards offer a clear framework for managing sustainability risks and improving transparency, allowing businesses to demonstrate their ESG performance to stakeholders and meet the increasing demands for responsible investing.
Key benefits for businesses include:
Materiality and Financial Relevance: SASB standards focus on ESG factors that are financially material to specific industries, helping companies identify and manage sustainability risks that directly impact their financial performance.
Investor Confidence: Providing consistent, comparable, and transparent ESG disclosures aligned with SASB standards builds trust with investors and improves access to capital.
Alignment with Global Standards: SASB standards are increasingly recognized by regulators and investors, especially with their integration into ISSB, aligning with global sustainability reporting frameworks.
Enhanced Decision-Making: SASB standards allow companies to make more informed decisions regarding sustainability risks, driving long-term value and resilience.
Certifies: While SASB itself is not a certification, it provides a framework of 77 industry-specific standards that help companies disclose financially material ESG information. The standards cover five dimensions:
Environment: Resource use, pollution, energy management, and climate change.
Social Capital: Customer privacy, access, and security.
Human Capital: Employee well-being, diversity, and health and safety.
Business Model and Innovation: Sustainable practices, supply chain management, and innovation.
Leadership and Governance: Business ethics, transparency, and risk management.
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Administrative Body: Science Based Targets Initiative (SBTi) (a collaboration between CDP, UN Global Compact, World Resources Institute, and WWF)
Applies to: Companies and organizations across all industries that are committed to aligning their greenhouse gas (GHG) reduction targets with the latest climate science to meet the goals of the Paris Agreement.
Benefit: The Science-Based Targets Initiative (SBTi) helps companies set science-based emissions reduction targets in line with keeping global temperature rise below 1.5°C or 2°C compared to pre-industrial levels. The initiative provides companies with a clearly defined pathway to reduce their GHG emissions and transition to a low-carbon economy. Achieving SBTi validation showcases a company’s leadership in climate action, enhances its credibility in the eyes of investors and stakeholders, and supports long-term business resilience by addressing climate-related risks.
Key benefits for businesses include:
Climate Leadership: Demonstrates that the company’s emissions reduction targets are aligned with the latest climate science, positioning the business as a leader in sustainability and climate action.
Investor Confidence: SBTi targets are increasingly important for investors and stakeholders seeking transparency and action on climate risks, supporting ESG (Environmental, Social, and Governance) goals.
Risk Mitigation: Aligning with SBTi helps companies future-proof their operations by addressing climate-related risks, improving resilience, and preparing for future regulations.
Reputation and Marketability: Achieving SBTi targets enhances brand reputation, attracting eco-conscious consumers, partners, and employees who value sustainability.
Certifies: The Science-Based Targets Initiative certifies that a company’s emissions reduction goals are consistent with what is necessary to meet global climate goals. The process includes:
Target Setting: Companies commit to setting GHG reduction targets that align with the latest climate science and submit them for SBTi validation.
Validation: SBTi reviews the proposed targets to ensure they meet the scientific criteria for limiting global temperature rise to well below 2°C or ideally 1.5°C.
Progress Tracking: After validation, companies are expected to report progress regularly and update their targets as necessary to ensure alignment with evolving climate science.
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Administrative Body: Measured and reported using frameworks like the GHG Protocol
Applies to: Companies and organizations that generate direct emissions from energy burned on-site or from owned or controlled sources. This includes emissions from activities like operating boilers, furnaces, company-owned vehicles, and on-site fuel combustion.
Benefit: Scope 1 emissions are the most direct emissions that a company can control. Managing and reducing these emissions through energy efficiency or fuel switching can lower operational costs, improve sustainability, and reduce environmental impact.
Certifies: The direct GHG emissions that are a result of on-site activities, providing an accurate measurement of a company’s carbon footprint from internal energy use.
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Administrative Body: Measured and reported using frameworks like the GHG Protocol
Applies to: Companies and organizations that are responsible for indirect emissions from purchased energy, such as electricity, steam, heating, or cooling. These emissions occur off-site but are associated with the energy that the company buys and uses.
Benefit: Scope 2 emissions come from the generation of the energy an organization purchases, such as electricity used in buildings or factories. By sourcing renewable energy or improving energy efficiency, companies can significantly reduce these emissions, leading to cost savings and better sustainability performance.
Certifies: The indirect GHG emissions associated with the consumption of purchased energy, helping organizations measure their full carbon footprint and work toward reducing overall energy use.
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Administrative Body: Measured and reported using frameworks like the GHG Protocol
Applies to: Companies and organizations that are responsible for indirect emissions beyond those covered by Scope 1 and Scope 2. These emissions occur throughout the company’s value chain, both upstream and downstream, and include activities such as supplier emissions, transportation, product use, and disposal.
Benefit: Scope 3 emissions often make up the largest portion of a company’s carbon footprint, as they encompass emissions from everything outside direct operations, including raw material sourcing, transportation, and the use of products sold. Reducing Scope 3 emissions helps companies address the full environmental impact of their operations and supply chain, leading to improved sustainability and enhanced reputation.
Certifies: The indirect GHG emissions that occur across the entire value chain, allowing businesses to understand the full extent of their emissions and identify areas to reduce environmental impact, such as through supplier engagement, product innovation, or logistics optimization.
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Certification Body: Not Applicable
Applies to: No one, because it doesn’t officially exist.
Benefit: Scope 4 is often used to refer to "avoided emissions"—the emissions prevented by the use of a product or service that reduces overall carbon output, such as renewable energy technologies that displace fossil fuels. While not formally recognized by frameworks like the GHG Protocol, it’s a way to highlight the positive impact of emissions-saving innovations.
Certifies: Nothing officially—Scope 4 is an informal concept used to discuss emissions that are avoided, but it’s not part of standard emissions reporting like Scopes 1, 2, or 3.
Relevant Links: 404 Not Found! (Stick to Scopes 1, 2, and 3 for formal reporting.)
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Certification Body: Sustainable Forestry Initiative (SFI)
Applies to: Forest managers, manufacturers, and businesses involved in the production and sourcing of wood, paper, and other forest products. SFI applies to companies seeking to demonstrate sustainable forestry practices and responsible sourcing of forest-based materials.
Benefit: SFI Certification ensures that forests are managed sustainably, balancing the environmental, social, and economic aspects of forestry. This certification promotes responsible forestry practices, protecting biodiversity, water quality, and wildlife habitats while ensuring the long-term health of forests. SFI-certified products come from forests managed to meet the highest standards of sustainability, making it an ideal certification for companies in construction, paper manufacturing, and consumer goods. Achieving SFI certification signals strong environmental stewardship and responsible sourcing, helping companies align with ESG goals and meet the growing demand for eco-friendly products.
Key benefits for businesses include:
Sustainable Sourcing: SFI certification ensures that forest products are sourced from responsibly managed forests, promoting sustainable resource use and reducing environmental impacts.
Market Access and Reputation: SFI-certified products are increasingly sought after by consumers and industries, providing market differentiation and strengthening brand reputation for sustainability.
Regulatory and Market Compliance: SFI helps businesses meet regulations and market requirements for sustainable sourcing and responsible forestry practices, ensuring compliance with eco-labeling requirements.
Support for ESG Goals: Companies sourcing SFI-certified products demonstrate strong environmental responsibility, aligning with corporate sustainability and ESG reporting initiatives.
Certifies: The SFI Certification verifies that forests, sourcing practices, and supply chains meet strict standards for sustainable forest management. These standards include:
Forest Management Certification: Ensures forests are managed to protect biodiversity, wildlife habitats, water resources, and the rights of indigenous peoples.
Chain of Custody Certification: Tracks the journey of forest products from certified forests through production to the final product, ensuring traceability and responsible sourcing.
Sourcing Certification: Ensures non-certified sources meet sustainability requirements for responsible forestry.
Products carrying the SFI label are independently audited to meet rigorous environmental, social, and economic standards, contributing to sustainable development.
Relevant Links:
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Administrative Body: Originally established by the Financial Stability Board (FSB), now integrated into the ISSB under IFRS
Applies to: Companies, investors, and financial institutions across all sectors, particularly those exposed to climate-related risks and opportunities, seeking to provide transparent, comparable, and consistent climate risk disclosures.
Benefit: The Task Force on Climate-related Financial Disclosures (TCFD) provides a globally recognized framework for companies to disclose the financial impact of climate risks and opportunities. Now integrated into the ISSB standards, the TCFD framework helps businesses manage and mitigate climate-related risks while enhancing transparency for investors and stakeholders. By aligning with TCFD recommendations, organizations can improve resilience, manage regulatory risks, and meet growing investor demands for climate-related disclosures.
Key benefits for businesses include:
Enhanced Risk Management: Identifying and disclosing climate-related risks helps organizations address potential financial impacts and operational disruptions caused by climate change.
Increased Investor Confidence: TCFD-aligned disclosures improve transparency, enabling investors to assess a company’s resilience to climate risks and opportunities.
Regulatory Alignment: As governments increasingly require TCFD-aligned disclosures, organizations that comply stay ahead of evolving regulations.
Strategic Climate Leadership: Aligning with TCFD recommendations positions organizations as leaders in addressing climate risks, making them more attractive to ESG-conscious investors and customers.
Certifies: While not a certification, TCFD provides a framework for voluntary climate-related financial disclosures across four key areas:
Governance: The organization's oversight of climate-related risks and opportunities.
Strategy: The actual and potential impacts of climate-related risks on business, strategy, and financial planning.
Risk Management: How climate-related risks are identified, assessed, and managed.
Metrics and Targets: The metrics and targets used to manage and assess climate-related risks and opportunities.
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Administrative Body: Originally established by the Taskforce on Nature-related Financial Disclosures (TNFD), now integrated into the ISSB under IFRS
Applies to: Companies, financial institutions, and investors seeking to assess, manage, and disclose their exposure to nature-related risks, such as biodiversity loss, ecosystem degradation, and water risks.
Benefit: The Taskforce on Nature-related Financial Disclosures (TNFD) provides a framework for organizations to report and act on nature-related risks and opportunities, mirroring the approach of the TCFD for climate risks. With its integration into the ISSB, the TNFD helps organizations measure and disclose risks related to the degradation of natural ecosystems and biodiversity loss, which are increasingly recognized as financial risks. By using TNFD, businesses can improve decision-making, align with sustainability goals, and provide transparency to investors concerned about nature-related risks.
Key benefits for businesses include:
Proactive Risk Management: TNFD helps organizations identify and address risks related to nature and biodiversity loss, which can impact financial performance.
Investor Confidence: TNFD-aligned disclosures provide transparency for investors evaluating how companies manage nature-related risks.
Regulatory Preparedness: As nature-related disclosures become more regulated, organizations aligning with TNFD will stay ahead of reporting requirements.
Sustainability Leadership: TNFD enhances corporate reputations by demonstrating a commitment to protecting natural ecosystems, appealing to ESG-conscious stakeholders.
Certifies: While not a certification, TNFD provides a framework for assessing and disclosing nature-related risks and opportunities across four key areas:
Governance: The organization's oversight of nature-related risks and opportunities.
Strategy: How nature-related risks affect the organization's strategy and financial planning.
Risk Management: The processes used to identify, assess, and manage nature-related risks.
Metrics and Targets: The metrics used to manage and measure nature-related risks and opportunities.
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Administrative Body: City of Toronto, Environment & Energy Division
Applies to: Owners and operators of commercial, institutional, and multi-unit residential buildings in Toronto who want to improve their energy efficiency and environmental performance.
Benefit: The Better Buildings Partnership (BBP) supports building owners in reducing their energy consumption and greenhouse gas emissions through financial incentives, technical support, and recognition programs. BBP helps buildings increase energy efficiency, reduce operating costs, and contribute to the city’s climate goals.
Certifies: That buildings participating in the program meet specific energy performance and sustainability standards, improving their environmental impact while benefiting from cost-saving measures.
Relevant Links:
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Administrative Body: City of Toronto
Applies to: Owners and operators of commercial, institutional, and multi-residential properties in Toronto that generate more than 300 kg of waste per week.
Benefit: Requires building owners to conduct waste audits, implement waste diversion programs, and report on their progress. The regulation encourages businesses to reduce waste, recycle more, and contribute to the city’s waste diversion targets, ultimately reducing landfill use and improving sustainability.
Certifies: That property owners comply with Toronto’s waste audit and diversion requirements, helping the city achieve its waste diversion goals and promoting a circular economy.
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Certification Body: Green Business Certification Inc. (GBCI), in partnership with the Canada Green Building Council (CaGBC)and U.S. Green Building Council (USGBC)
Applies to: Facilities, businesses, and organizations across all industries that are committed to reducing waste and managing resources more efficiently. It applies to any organization aiming to divert at least 90% of its waste from landfills, incineration (waste-to-energy), and the environment.
Benefit: TRUE® (Total Resource Use and Efficiency) Zero Waste Certification is a comprehensive program that evaluates how organizations divert waste from landfills through recycling, composting, and other sustainable waste management strategies. The program promotes the redesign of resource life cycles so that products are reused, recycled, or composted rather than sent to landfills. Achieving TRUE® Zero Waste certification helps businesses improve resource efficiency, reduce operational costs, and align with ESG (Environmental, Social, and Governance) goals. The certification also signals strong environmental leadership, enhancing the organization's brand reputation among stakeholders, customers, and the community.
Key benefits for businesses include:
Waste Reduction and Cost Savings: Reducing waste improves operational efficiency, lowers disposal costs, and minimizes resource consumption.
Environmental Impact: TRUE® Zero Waste certification supports sustainability efforts by significantly reducing a company’s environmental footprint, diverting at least 90% of waste from landfills and incineration.
Brand Differentiation: Certification provides a competitive advantage by demonstrating a company’s commitment to sustainability, appealing to environmentally conscious consumers and investors.
Employee Engagement: Involves employees in sustainability efforts, fostering a culture of waste reduction and resource conservation within the organization.
Certifies: That a facility or organization is effectively managing its waste by diverting at least 90% of waste from landfills, incineration, and the environment through recycling, composting, and other strategies. TRUE® certification also promotes sustainable resource management practices aimed at eliminating waste entirely.
Certification Levels: TRUE® Zero Waste Certification is awarded based on the percentage of waste diverted from landfills. Facilities must achieve at least 90% diversion to qualify for certification. The process includes:
Waste Audits: Analyzing waste streams and identifying opportunities to reduce waste generation and improve diversion rates.
Employee Training and Engagement: Implementing programs to engage employees in waste reduction and sustainable resource management practices.
Tracking and Reporting: Establishing systems to measure, track, and report waste diversion and reduction efforts over time.
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Administrative Body: United Nations
Applies to: Governments, organizations, businesses, and individuals worldwide that are working toward achieving sustainable development and addressing global challenges.
Benefit: The 17 UN SDGs provide a global blueprint to achieve a better and more sustainable future by addressing critical issues such as poverty, inequality, climate change, environmental degradation, and justice. For businesses, aligning with the SDGs helps demonstrate commitment to global sustainability efforts and improves stakeholder trust. Companies can use the SDGs to guide corporate social responsibility (CSR) initiatives, identify new opportunities, and reduce risks.
The 17 SDGs include:
No Poverty
Zero Hunger
Good Health and Well-being
Quality Education
Gender Equality
Clean Water and Sanitation
Affordable and Clean Energy
Decent Work and Economic Growth
Industry, Innovation, and Infrastructure
Reduced Inequality
Sustainable Cities and Communities
Responsible Consumption and Production
Climate Action
Life Below Water
Life on Land
Peace, Justice, and Strong Institutions
Partnerships for the Goals
Certifies: Alignment with the UN’s goals for sustainable development, encouraging businesses and organizations to contribute to the achievement of global sustainability targets by 2030.
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Administrative Body: Various carbon market standards and registries (e.g., Verra, Gold Standard)
Applies to: Businesses, organizations, and individuals looking to offset their carbon emissions by purchasing carbon credits through voluntary markets.
Benefit: Voluntary Carbon Markets (VCMs) allow organizations to offset their carbon emissions by purchasing credits from certified projects that reduce or remove greenhouse gases. These markets provide a flexible mechanism for organizations to achieve net-zero goals beyond regulatory requirements. Carbon credits come from a wide range of project types, including:
Renewable Energy Projects: Such as wind, solar, and hydropower installations that reduce reliance on fossil fuels.
Forestry and Land Use Projects: Including afforestation, reforestation, and forest conservation projects (REDD+), which focus on carbon sequestration and preventing deforestation.
Energy Efficiency Projects: Initiatives that reduce energy consumption through improved technology or processes.
Methane Capture Projects: Capturing methane emissions from landfills, agriculture, or industrial processes and converting it into usable energy.
Carbon Capture and Storage (CCS): Technologies that capture CO₂ emissions from industrial sources and store them underground to prevent them from entering the atmosphere.
Agricultural Projects: Such as sustainable farming practices that increase soil carbon sequestration and reduce emissions from fertilizers and other sources.
Waste Management Projects: Reducing emissions from waste through recycling, composting, and waste-to-energy initiatives.
Certifies: That organizations are offsetting their carbon emissions through certified projects that meet stringent standards for carbon reduction or removal, helping companies achieve climate-related targets.
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Certification Body: International WELL Building Institute (IWBI) in partnership with Green Business Certification Inc. (GBCI), Canada Green Building Council (CaGBC)and U.S. Green Building Council (USGBC)
Applies to: Buildings, organizations, and communities across various sectors, including commercial offices, residential buildings, educational institutions, and healthcare facilities, that prioritize health, well-being, and human performance through building design and operational strategies.
Benefit: The WELL Building Standard Certification focuses on improving occupant health and well-being through built environments. The certification is performance-based and focuses on strategies that enhance the mental and physical health of occupants by addressing air quality, water, nourishment, light, fitness, comfort, and mental well-being. Achieving WELL certification helps businesses attract and retain talent, improve occupant productivity, and align with growing sustainability and health-conscious demands from stakeholders and investors.
Key benefits for businesses include:
Improved Health and Productivity: WELL-certified spaces enhance occupant health, leading to increased employee productivity, reduced absenteeism, and overall well-being.
Market Differentiation: Achieving WELL certification signals a commitment to health and sustainability, setting businesses apart in the competitive real estate and commercial market.
Employee and Tenant Satisfaction: By prioritizing health and well-being, WELL certification improves employee engagement and tenant satisfaction, leading to higher retention rates.
Supports ESG Goals: The WELL Building Standard aligns with ESG principles by addressing social factors (well-being and health) and environmental factors through sustainable building practices.
Certifies: The WELL Building Standard certifies that a building or organization is designed and operated to promote human health and well-being. The certification process includes:
10 Core Concepts: WELL evaluates a building’s impact on health across the following areas:
Air – Ensuring high indoor air quality.
Water – Providing clean, safe, and accessible drinking water.
Nourishment – Encouraging healthy eating habits and access to nutritious foods.
Light – Enhancing natural and artificial lighting for health and productivity.
Movement – Promoting physical activity and fitness.
Thermal Comfort – Ensuring comfort through temperature control.
Sound – Reducing noise pollution for improved well-being.
Materials – Using safe, non-toxic materials in the built environment.
Mind – Supporting mental health through design and policies that foster mental well-being.
Community – Creating spaces that support social interaction and community engagement.
Certification Levels: WELL certification is awarded at different levels based on points achieved:
Silver: 50 to 59 points.
Gold: 60 to 79 points.
Platinum: 80 points or more.
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Certification Body: Green Business Certification Inc. (GBCI), in partnership with the Canada Green Building Council (CaGBC)and U.S. Green Building Council (USGBC)
Applies to: New and existing buildings aiming to achieve zero carbon emissions by optimizing energy efficiency, minimizing operational and embodied carbon, and incorporating renewable energy sources.
Benefit: The Zero Carbon Building (ZCB) Standard is designed to reduce carbon emissions across a building’s lifecycle, focusing on:
Operational Carbon: Energy used for heating, cooling, lighting, and other building functions must be minimized through efficiency measures, and the remaining energy needs should be met with low-carbon or renewable energy sources like solar or wind.
Embodied Carbon: This refers to the greenhouse gas emissions from the production, transportation, and installation of building materials. ZCB encourages the use of low-carbon materials and construction practices to reduce the overall carbon footprint.
Carbon Offsetting: For emissions that cannot be eliminated, certified carbon offsets can be used to neutralize the remaining carbon footprint. These offsets typically come from projects like reforestation or renewable energy that verifiably reduce or remove emissions elsewhere.
Certifies: That a building’s design, construction, and operations meet the stringent requirements of net-zero carbon performance, addressing both operational and embodied carbon and ensuring that any residual emissions are offset. ZCB Certification demonstrates leadership in sustainability and contributes to climate change mitigation.
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