With the Paris Agreement of 2015, more than half of the global economy has committed to reducing greenhouse gas (GHG) emissions while investing efforts into the removal of GHG from the atmosphere. This is to meet the Paris Agreement goal of limiting temperature rise to „well below 2°C“ as well as to ensure compliance with…
The Science Based Target Initiative (SBTi) experienced exponential growth over the last year in terms of companies committing to reduce their emissions in line with a 1.5°C pathway to prevent the worst impacts of climate change. In 2021, the number of companies that set and committed to science-based targets has doubled. In addition to that,…
Science-based Targets (SBTs) are targets that show companies and financial institutions a clear pathway to reduce their greenhouse gas emissions to prevent the worst effects of climate change. They classify as “science-based” as they follow the latest climate science insights on how to meet the goals of the Paris Agreement – ensuring that global warming…
Join the Race to Zero through the SBTi Business Ambition for 1.5°C Campaign This SBTi webinar for COP26 preparation provides a detailed overview of the importance of setting ambitious science-based targets (SBTs). The session covers the SBTi Business Ambition for 1.5°C Campaign commitment model for net-zero targets and 1.5°C aligned SBTs, key SBTi criteria, and…
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 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).…
