Page 47 - IO1 The environmental sylabus for VET providers_Final

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Sustainability It means maintaining a product or service at a certain
rate or level.

Sustainable It means to keep products in material in use to minimize
waste waste disposal and focusing on the entire lifecycle to
management reduce negative impact on the environment or society in
general.
Module 5: “Circular businesses models”
Business model A business model is a foundation for your company and
products. It captures the main idea of how your business

will generate revenue.
Channels The place can your customer buy or use your products or
services, the tool can communicate with your customer,
etc.
Revenue stream Represent the ways your company generates cash from
each Customer Segment (in the business canvas). It's

where your revenue comes from. Method of income.
Sustainability It means maintaining a product or service at a certain
rate or level.
Value The key characteristics that differentiate the product or

service offering.
Module 6: “Life cycle thinking”
Carbon footprint Amount of greenhouse gases produced and emitted by
each activity or entity in a production chain, usually

expressed as carbon dioxide equivalent (CO2e).
Eco-design Integration of environmental impact in all business
processes including raw material extraction and
processing, product production and transportation,
marketing and consumption, and waste management.
Ecological Amount of natural resources available in comparison to

footprint the amount of natural resources used, usually expressed
in global hectares (gha) per capita, country or activity.

Ecosystem Free benefits from nature like air production, water
services purification, pollination, food, raw materials,
decomposition and space for recreation, education,
cultural and spiritual activities etc.
Life cycle Methodology for evaluating and balancing

sustainability environmental, social and economic impacts of product
assessment or service.

The European Commission's support for the production of this publication does not constitute an
endorsement of the contents, which reflect the views only of the authors, and the Commission cannot
be held responsible for any use which may be made of the information contained therein.