Carbon and Convention: Difference between pages

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1.  ''Environmental policy.''  
1.  ''International law - treaties.''


An abbreviation for carbon footprint.
A treaty between states, especially a multilateral treaty.


A measure of the amount of greenhouse gas emissions caused directly or indirectly by an organisation, activity or product.
Examples include the OECD model tax convention.




2.  ''Environmental policy - carbon dioxide.''  
2.  ''Constitutional law - unwritten parts.''


Abbreviation for carbon dioxide (CO<sub>2</sub>), one of the principal greenhouse gases.
Parts of the rules and practices of a state that are not written down, but are followed as if they were.




3.  ''Science.''
3.  ''Ethics - law - regulation - markets.''


The chemical element that - with oxygen - combines to make carbon dioxide.
Conventions are standards and principles of conduct that are additional to compliance with regulations and law.
 
For example, the ACT's Ethical Code requires the ACT's members to comply with "the laws, regulations and conventions of the countries and markets in which they transact business..."
 
 
4.  ''Markets - professional practice.''
 
A generally understood and accepted method of doing or saying something.
 
 
For example the ACT/360 day count convention for many major currencies, used to calculate short-term interest payable and receivable.
 
Another example is the ''dual aspect convention'' - or ''double entry'' principle - in bookkeeping, that every accounting transaction affects two accounts.




== See also ==
== See also ==
* [[Carbon tax]]
* [[ACT/360]]
* [[Carbon credits]]
* [[ACT Ethical Code]]
* [[Carbon footprint]]
* [[Account]]
* [[Carbon offsetting]]
* [[Bookkeeping]]
* [[Corporate social responsibility]]
* [[Compliance]]
* [[Embodied carbon]]
* [[Conventional year]]
* [[Emissions]]
* [[Double entry]]
* [[Environmental concerns]]
* [[Ethics]]
* [[Greenhouse gas]]
* [[Law]]
* [[Net zero]]
* [[Multilateral]]
* [[Operational carbon]]
* [[OECD model tax convention]]
* [[Renewables]]
* [[Organisation for Economic Co-operation and Development]] (OECD))
* [[Residual carbon]]
* [[Regulation]]
* [[Streamlined Energy and Carbon Reporting]]
* [[Sign convention]]
* [[State]]
* [[Treaty]]
* [[United Nations Framework Convention on Climate Change]] (UNFCCC)


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Corporate_finance]]
[[Category:Ethics]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 13:39, 16 December 2021

1. International law - treaties.

A treaty between states, especially a multilateral treaty.

Examples include the OECD model tax convention.


2. Constitutional law - unwritten parts.

Parts of the rules and practices of a state that are not written down, but are followed as if they were.


3. Ethics - law - regulation - markets.

Conventions are standards and principles of conduct that are additional to compliance with regulations and law.

For example, the ACT's Ethical Code requires the ACT's members to comply with "the laws, regulations and conventions of the countries and markets in which they transact business..."


4. Markets - professional practice.

A generally understood and accepted method of doing or saying something.


For example the ACT/360 day count convention for many major currencies, used to calculate short-term interest payable and receivable.

Another example is the dual aspect convention - or double entry principle - in bookkeeping, that every accounting transaction affects two accounts.


See also