Sustainability E-Report 2015 English - page 94

AnnexE: Glossary
AbuDhabi SustainabilityGroup
Anetworkconsistingof fifteenAbuDhabi organizationswhoarecommitted to introducingsustainabilitymanagement and
reportingpracticeswithin theirownorganizations
By-product
Asecondaryor incidental productderived fromamanufacturingprocess
ClimateChange
Describeschanges in thevariabilityor averagestateof theatmosphereover timescales ranging fromdecades tomillions
of years
Condensate
A low-densitymixtureof hydrocarbon liquids that arepresent asgaseouscomponents in the rawnatural gasproduced from
manynatural gasfields
CorporateGovernance
Thesetofprocesses, customs, policies, laws, and institutionsaffecting thewayacorporation (or company) isdirected,
administeredor controlled
Emiratization
Anational program initiatedby thegovernmentof theUnitedArabEmirates toproactively increase thenumberofEmirati
nationals in thepublicandprivatesectors toempowernationalsand reducedependencyon foreignworkers
EnvironmentalManagementSystem
Themanagementof environmental programs inacomprehensive, systematic, plannedanddocumentedmanner. It includes
theorganizational structure, planningand resources fordeveloping, implementingandmaintainingpolicy for environmental
protection.
Ethane
At standard temperatureandpressure,Ethane isacolorless, odorlessgaswithchemical formulaC2H6, isolatedonan
industrial scale fromnatural gas, andasaby-productofpetroleum refining. Itschief use isaspetrochemical feedstock for
ethyleneproduction
Flaring
Combustingwastegas releasedbypressure relief valvesduringunplannedover-pressuringofplant equipment
GasVenting
The releaseof gas into theatmosphere throughaventpipe leading to theoutsideair fromagas furnaceorothergas-fired
equipment for removal of gaseousproductsof combustion
GlobalReporting Initiative
A long-termmulti-stakeholder, international processwhosemission is todevelopanddisseminategloballyapplicable
sustainability reportingguidelines
GreenhouseGasEmissions
Gasemissions,whichcontribute to the trappingof heat inside theatmosphere (resulting in theGlobalWarming
phenomenon). Thesegases includecarbondioxide,methaneorhydrofluorocarbonemissions
GulfCooperationCouncil
Apolitical andeconomicunion involving thesixArabstatesof thePersianGulfwithmanyeconomicandsocial objectives
G3ReportingGuidelines
A framework for reportingonanorganizations’ economic, environmental andsocial performance, createdby theGRI Forum
KeyPerformance Indicator
Ameasureofperformancecommonlyused tohelpanorganizationdefineandevaluate itssuccess, typically in termsof
makingprogress towards its long-termorganizational goals
LiquefiedPetroleumGas
Amixtureof hydrocarbongasesusedasa fuel inheatingappliancesandvehicles, and increasingly replacing
chlorofluorocarbonsasanaerosol propellant anda refrigerant to reducedamage to theozone layer, inferring that it is
flammable
NaturalGas
Agasconsistingprimarilyofmethane. It is foundassociatedwith fossil fuels, incoal beds, asmethaneclathrates, and is
createdbymethanogenicorganisms inmarshes, bogs, and landfills. It isan important fuel source, amajor feedstock for
fertilizers, andapotentgreenhousegas
OccupationalHealthandSafety
Across-disciplinaryareaconcernedwithprotecting thesafety, healthandwelfareofpeopleengaged inworkoremployment
Oil Platform
A largestructureused tohouseworkersandmachineryneeded todrillwells in theoceanbed, extractoil and/ornatural gas,
process theproducedfluids, andshiporpipe them toshore
OnshoreDrilling
Refers to the landbaseddiscoveryanddevelopmentof oil andgas resources
OffshoreDrilling
Refers to thediscoveryanddevelopmentof oil andgas resourceswhich lieunderwater throughdrillingawell.Most
commonly, the term isused todescribeoil extractionoff thecoastsof continents, though the termcanalsoapply todrilling
in lakesand inlandseas
Qatarization
Anational program initiatedby thegovernmentofQatar toproactively increase thenumberofQatari nationals in thepublic
andprivatesectors toempowernationalsand reducedependencyon foreignworkers
StakeholderEngagement
Theprocessbywhichafirm’sstakeholdersengage indialog to improveafirm’sdecision-makingandaccountability toward
sustainabledevelopment andachieving the triplebottom line
Stakeholders
Aparty that affectsor canbeaffectedby theactionsof thebusiness
Sustainability
ThedefinitionofSustainabilityderives from thedefinitionofSustainableDevelopment;SustainableDevelopment is the
development thatmeets theneedsof thepresentwithout compromising theabilityof futuregenerations tomeet theirown
needs
1
SustainabilityReporting
Thevoluntarypublicpresentationof informationabout anorganization’senvironmental, social, andeconomicperformance
over a time frame, usually releasedannually. International standardsaround reporting, suchasGRI,makesustainability
reportingaplatform for sharingandbenchmarking individual company, aswell assectorwideperformance.Sustainability
reportingmaybepublishedasastand-alonedocument, onacompanywebsiteor incorporated intoanannual report.
1
WorldCommissionon theEnvironment andDevelopment (WCDE) 1987
1...,84,85,86,87,88,89,90,91,92,93 95,96,97
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