Glossary 

It is the nature of business to shorten names and titles to acronyms and to have an ever-increasing number of terms which might puzzle the uninitiated. This page offers some definitions.


End of Life Vehicles Directive. EU legislation.

Europe, Middle East and Africa region

Energy & Natural Resources. The ENR sector includes oil and gas, power and utilities, mining and forestry industries.

Enterprise social software (E2.0). The use of an entire suite of emergent technologies — wikis, blogs, tagging, and social networking tools — both inside companies and between companies and the outside world.

Enterprise Risk Management frameworks

U.K. usage: estate agent; US usage: realtor. Professionals dealing with the valuation and sale of property.

EU Emissions Trading Scheme. Launched in January 2005 with mandatory GHG (green house gas) emission controls for industrial activities from 1 January 2005. Currently focusing on activities including the production and the manufacture of ferrous metals, pulp and paper, the scope of the scheme is expected to be widened to include other GHG emissions and industrial activities from January 2008.

Legislative regime that came into effect in 1992.

Legislative regime to come into effect in 2008.

Earned value management project management software. Software that evaluates contractor management.

Fast moving consumer goods

People, processes, technology and risk/control

U.K. Financial Services Authority