Glossary

Financial Glossary Sustainability Glossary Tyre Glossary

Letters: K, L, M
 
Kyoto Protocol An international agreement on the reduction of the atmospheric emission of the greenhouse gases (see entry) responsible for global warming.
 
Life Cycle Analysis, LCA A method of evaluating the overall environmental impact of a product, taking into consideration its entire life cycle, from the activities relating to the extraction and treatment of the raw materials, through to the manufacturing processes, transportation, distribution, use, recycling and re-use and disposal.
 
LPG Liquid propane gas.
 
MBO Management By Objectives - Yearly bonus scheme based on targets set at he beginning of the year.