Search our glossary for commonly used sustainability and ESG concepts, terms and definitions.

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There are currently 5 entries in this directory beginning with the letter T.
T

Taxonomy
European classification system to identify how economic activities contribution to six
environmental objectives

TBL
Triple Bottom Line

The IFRS Foundation
Quoted from IFRS Website:

"The IFRS Foundation is a not-for-profit, public interest organisation established to develop a single set of high-quality, understandable, enforceable and globally accepted accounting and sustainability disclosure standards—IFRS Standards—and to promote and facilitate adoption of the standards."

Source: IFRS Website About Us

Tier 1 Supplier
Tier 1 suppliers are primary suppliers to the enterprise. The enterprise has a direct relationship and supply agreement with its Tier 1 suppliers.
Tier 2 suppliers supply enterprise Tier 1 suppliers. Tier 3 suppliers supply Tier 2 suppliers, etc.

Tipping Point/Threshold
Points or thresholds, beyond which recovery becomes impossible