Glossary
Key terms behind Assured Data, audit-ready compliance, and the EIP product suite — defined plainly.
By EIP Webmaster
Assured Data
Data that has been programmatically extracted from a source system, validated through automated quality checks, and accompanied by an immutable lineage record. Used by EIP to denote audit-ready data that auditors and investors can trust.
Reasonable Assurance
The higher audit standard now mandated under CSRD, SB 253, and ISSB, requiring auditors to perform substantive testing of underlying data and lineage to express confidence in reported ESG figures. Distinct from the lower 'limited assurance' standard.
Investment-Quality Data
Data validated, traceable, and audit-ready. Every value carries lineage to its source, errors are caught and corrected at extraction, and the full audit trail is available on demand. The standard auditors expect and investors increasingly require for ESG and financial disclosures.
Data Lineage
A complete, immutable record of where each data value originated, how it was transformed, and where it was loaded. Required to defend reported figures during formal audits. Required by Financial and Investment institutions to verify investment potential.
ETL
Extract, Transform, Load — the data pipeline process of pulling data from source systems, applying transformations and validations, and loading it into a destination platform. Foundational to enterprise data integration and the EIP Assured Data Connector.
OpenLineage
An open standard for collecting and recording data lineage metadata across data pipelines. The EIP ADC generates standard OpenLineage records, giving auditors an immutable chain of custody for every value.
ALCOA+
A regulatory data-integrity framework requiring records to be Attributable, Legible, Contemporaneous, Original, Accurate, and Complete. Adopted by FDA, EMA, and other regulators as the baseline for data-integrity compliance.
Scope 2 Emissions
Indirect greenhouse gas emissions from purchased electricity, heating, cooling, or steam consumed by an organization. Defined under the GHG Protocol and required reporting in CSRD, SB 253, and ISSB.
California SB 253
The Climate Corporate Data Accountability Act, requiring large companies doing business in California to publicly report Scope 1, 2, and 3 greenhouse gas emissions with assurance from an independent third-party verifier.
The Spreadsheet Trap
EIP's intellectual property describing the cumulative compliance, error, and audit-trail risk that results from using manual spreadsheets to gather, transform, or report enterprise data subject to formal audit.