Glossary

Its official name is the Energy Efficiency Existing Ship Index. It is a regulation on Energy efficiency introduced by the International Maritime Organization (IMO) in 2023 for existing ships of 400 gross tons (GT) or more that conduct international voyages. It is a system that quantifies the Energy efficiency of each ship using a calculation method similar to the Energy Efficiency Design Index (EEDI) for new ships, and requires ships that exceed the standard value to take improvement measures such as renovation. It is an international technical regulation aimed at reducing greenhouse gas (GHG) emissions in the maritime sector.

A unified standard established by the European Union (EU) to classify and define environmentally sustainable economic activity. Taxonomy is an English word meaning "classification." It is a mechanism to determine whether a company's economic activity are sustainable for the global environment and to encourage green investments, and aims to make it easier to move toward green businesses by requiring companies and investors to disclose businesses and investment ratios that comply with the taxonomy. The EU taxonomy, published in June 2020, states that an economic activity is environmentally sustainable if it meets all of the following 4 criteria:

① Substantial contribution to one or more of the six environmental objectives.

② There will be no significant harm to any of the six environmental objectives. (DNSH)

③ Comply with minimum safety measures (human rights, etc.).

④ Meet the professional selection criteria (minimum criteria ① and ② above).

< 6 Environmental Objectives>

(1) Climate change mitigation

(2) Adaptation to Climate Change

(3) Sustainable Use and Protection of Water and Marine Resources

(4) Transition to a circular economy

(5) Prevention and control of pollution

(6) Protection and restoration of biodiversity and ecosystems

Its official name is the Electronic Reporting System for the Energy Conservation Act, the Global Global Warming Countermeasure, and the Fluorocarbons Act. It refers to a system that enables the Create and simultaneous submission of reports for the Energy Conservation Act, the Global Warming Global Warming Countermeasure Act, and the Fluorocarbons Act, as well as the integrated management of information related to greenhouse gas emissions. It began operation in May 4 .

It is based on the Greenhouse Gas emission amount Calculation, Reporting, and Disclosure System (SHK System) in accordance with the Act on Promotion of Global Warming Countermeasures (Global Warming Global Warming Countermeasure ), and use of EEGS makes it easy to calculate emission amount and Create and submit reports.

"European Sustainability Reporting Standards"

A standard for sustainability reporting in the EU. It was established within the framework of the Corporate Sustainability Reporting Directive (CSRD) and aims to enable companies to report sustainability information consistently. ESRS has 12 standards that stipulate detailed disclosure items for companies in 4 major reporting areas: ① cross-sectional disclosure items, ② environment, ③ society, and 12 governance (② to ④ ESG).

The EU greenhouse gas emission amount trading system. It has been in operation since January 2005. It covers EU member states as well as Norway, Iceland, and Liechtenstein. It adopts a cap-and-trade system, and surplus CO2 emission allowances are bought and sold on the market. It is a central element of the EU's climate change policy and an important initiative for reducing greenhouse gas emissions.

Emissions trading scheme. Established to reduce greenhouse gases, it allows monetary trading of CO2 emission amount. There are two types: the cap-and-trade scheme, in which businesses that emit a lot of CO2 must purchase surplus emission allowances from businesses with emission amount , and the baseline-and-credit scheme, in which credits are traded according to how much 2 emission amount have been reduced from a Settings standard.

An international energy conservation system for office equipment and home appliances. It was agreed upon by the governments of the United States and Japan in 1995. The U.S. Environmental Protection Agency (EPA) Settings standards for product power consumption, and products that meet these standards are allowed to use the International Energy Star logo.