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Definitions, Abbreviations and Acronyms

Definitions

Annual Accountability Report (AA Report). A report that is produced each year to monitor compliance with the BCSI Standard.

BCSI Accredited Business.  A business that has been accredited by BCSI.

BCSI Approved Independent Evaluator (AIE). An independent evaluator, approved by BCSI, with responsibility of reviewing and approving the AA Report and granting accreditation. The AIE shall not be a customer, supplier, employee or owner and shall have no other financial interests in the candidate company.

BCSI Certificate. A certificate that is issued by BCSI when a company has completed the accreditation process. The certificate is valid for a one-year period of time.

BCSI Coordinator. The person appointed by the company with responsibility for producing the Annual Accountability Report. The BCSI Coordinator may or may not be an employee of the business.

BCSI Oversight Committee. A committee representing suppliers, customers, employees and owners that works with the BCSI Coordinator to produce the AA Report.

Benefit Corporation Standards Institute (BCSI). A California public benefit, tax exempt corporation whose purpose is to promulgate, maintain and disseminate reasonable and meaningful standards of social and environmental benefit for entities whose purposes include having a material positive impact on society and the environment.

Benefit Corporation. A company that is organized as a benefit corporation according to the statutes of the state within which they are incorporated.

Business Sectors. Refers to divisions of the/an economy comprised of similar business entities.  The sectors as referenced by the BCSI standard are identified in Appendix A.

Double Bottom Line Benefit Corporations. Benefit corporations that are accountable to a social OR environmental purpose in addition to the traditional financial or economic performance.

Electioneering.  Consistent with Internal Revenue Code Section 527, “electioneering” means the function of influencing or attempting to influence the selection, nomination, election, or appointment of any individual to any Federal, State, or local public office or office in a political organization, or the election of Presidential or Vice-Presidential electors, whether or not such individual or electors are selected, nominated, elected, or appointed. Electioneering includes all attempts to influence the selection, nomination, election, or appointment of the described officials.

Lobbying.  Lobbying refers to both Direct and Grass Roots lobbying.  Direct lobbying refers to attempts to influence a legislative body through communication with a member or employee of a legislative body, or with a government official who participates in formulating legislation.  Grass roots lobbying refers to attempts to influence legislation by attempting to affect the opinion of the public with respect to the legislation and encouraging the audience to take action with respect to the legislation. 

Triple Bottom Line Benefit Corporations. Benefit corporations that are accountable to a social AND environmental purpose in addition to the traditional financial or economic performance. 

Abbreviations and Acronyms

BCSI. Benefit Corporations Standards Institute

ASHRAE. American Society of Heating, Refrigeration and Air-conditioning Engineers

ANSI. American National Standards Institute

AIE. Approved Independent Evaluator