AI Innovation Program – SSE’s program leveraging Artificial Intelligence to optimize operations, reduce environmental impacts, and drive digital transformation.
Big Deal – SSE Group’s data-driven Business Intelligence initiative to enhance decision-making, improve performance, and embed sustainability across operations.
Circular Economy – According to the Ellen MacArthur Foundation, a circular economy is a system where “materials never become waste and nature is regenerated.” This is achieved through practices aligned with the 5R principles: Reduce (minimize resource use and waste), Reuse (extend product life), Repair (fix items to extend their use), Refurbish/Remanufacture (restore to like-new condition), and Recycle (convert waste into new resources). The circular economy focuses on keeping products and materials in circulation as long as possible and is based on three core principles: eliminating waste and pollution, circulating products and materials at their highest value, and regenerating nature.
Climate Action Roadmap – SSE’s plan for carbon footprint measurement, emission reduction targets, and initiatives to achieve decarbonization and resource efficiency.
CSRD – Corporate Sustainability Reporting Directive; a European regulation requiring detailed ESG disclosures by companies.
Double Materiality Assessment (DMA) – A process for identifying sustainability topics that are material from both a financial (impact on the company’s performance) and an environmental/social perspective (impact of the company’s activities on people and the planet). The output of this process is typically summarized in a Materiality Matrix that visualizes and prioritizes these topics for strategic alignment and reporting.
ESG – Environmental, Social, and Governance; a framework for assessing the sustainability and ethical impact of an organization.
ESRS – European Sustainability Reporting Standards; mandatory ESG reporting framework under the CSRD.
GHG Emissions – Greenhouse gas emissions, typically measured in CO₂-equivalents (CO₂e); includes Scope 1 (direct), Scope 2 (indirect), and Scope 3 (value chain) emissions.
ISO 14001 – An international standard for environmental management systems.
Materiality Matrix – A graphical or tabular tool summarizing the results of the Double Materiality Assessment, showing how sustainability issues are prioritized by their impact on the company and on the environment/society.
Monitoring & Evaluation Framework – SSE’s structured approach to track, verify, and report progress on sustainability goals, ensuring accountability and continuous improvement.
Net Zero – According to the Science Based Targets initiative (SBTi), net zero refers to a state where the greenhouse gases emitted into the atmosphere are balanced by their removal over a specified period. A company is only considered to have reached net zero after achieving its long-term science-based target and neutralizing any remaining emissions.
Resonance – SSE Group’s strategic ESG program launched in 2024, designed to embed sustainability across all operations and business units.
Resonance Foundation (Our Resonance) – The SSE Group’s Resonance Foundation, created in 2024 as part of the 8 flagship initiatives of the Resonance program. The Foundation’s mission is to finance and support impactful social, environmental, and innovation projects within the communities where SSE operates.
Science Academy – SSE’s internal initiative aimed at developing employee skills in sustainability, innovation, and technical excellence.
Science Based Targets initiative (SBTi) – A global partnership between CDP, the UN Global Compact, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). SBTi helps companies set emission reduction targets in line with climate science and the goals of the Paris Agreement, ensuring credible, science-based climate action.
Scope 1, 2, 3 Emissions – Categories defined by the GHG Protocol to classify direct and indirect emissions across the value chain.
Stakeholder Engagement – The process of involving people or organizations affected by a company’s activities in decision-making and strategy development.
Sustainable Innovation – The development and implementation of new technologies and solutions that reduce environmental and social impact.
UN SDGs (Sustainable Development Goals) – A set of 17 global goals adopted by the United Nations to end poverty, protect the planet, and ensure prosperity for all.
