On August 24th 2021, the SBTi hosted a webinar to explain the changes to the SBTi criteria and implications for SBTi companies. Watch the following video to get a full understanding and overview of the SBTi ambition update for Europe: Various approaches for the calculation of science-based targets are available (contraction, compression, convergence). They all…
The debate on an ambitious climate target (Science-Based Targets) has increased among internationally active companies since the UN climate summit in Paris (COP21). The Paris Agreement marks a turning point for climate policy. Companies have a key role to play in achieving the COP21 goals. They have the opportunity to make an appropriate contribution to…
Achieving climate neutrality is becoming increasingly important for companies and is becoming part of their corporate objectives as part of their climate strategy. The aim is to continuously reduce CO2 emissions throughout the company and its value chain. Since a complete avoidance of CO2 emissions is difficult to achieve, companies invest in climate protection projects…
In addition to yesterdays blogpost on „How to correctly calculate a company´s indirect Scope 3 emissions“ the following video by SBTi covers scope 3 emissions abatement targets in the context of the SBTi Net-Zero Standard Criteria, including the background of scope 3 emissions abetment targets and the questions provided in the SBTi Net-Zero Standard Criteria…
Until recently, companies have focused on estimating their own operational emissions under Scope 1 and 2. But setting emission reduction targets throughout the complete value chain is increasingly becoming a new business norm to mitigate potential risks and highlight a comprehensive approach towards supply chain partners and suppliers for creating beneficial synergies. So not only direct scope 1 from owned or controlled sources, and indirect scope 2 emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company, also all other indirect up- and downstream Scope 3 emissions along the value chain, which present a substantial part of a company´s GHG emissions, gain increasingly more attention from businesses.
In light of increased environmental destruction, resource scarcity and increased waste production the concept of circular economy (CE) has gained increasing attention. It is the main goal of CE to re-form the dominant linear value chains into a circular economic system. By applying sustainable product design, closing resource loops, implementing service solutions or circularity along…
In September 2020, the Science Based Targets (SBT) Initiative published the first scenarios with which companies can even develop into a “net zero” and in the best case scenario into a “climate positive”. CO2 compensation / neutralisation is a proven aspect of these approaches. This SBTi video reviews neutralisation as it relates to the SBTi…
Companies interested in bringing their CO2 emissions towards Net Zero should consider the new report from the Science-Based Targets Initiative (SBTi), which will probably be published in November this year, just in time for COP26. The new paper lays out the conceptual foundations for credible, science-based net-zero targets for the corporate sector. Science Based Targets…
This video covers guiding principles relating to emissions abatement criteria; overviews the emissions abatement target-setting method and criteria as they relate to interim and net-zero science-based targets; and reviews the questions that are available for the SBTi Net-Zero Standard Criteria public consultation. Various approaches for the calculation of science-based targets are available (contraction, compression, convergence).…
We’ve all heard of it: the aim of becoming „net-zero“. Companies around the world are setting net-zero targets, yet there currently isn’t a global standard to distinguish what truly constitutes a science-based net-zero target. Now, in the lead-up to COP 26, the SBTi is hard at work developing the first-ever global standard for net-zero criteria.…
