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…
The Carbon Disclosure Project (CDP) season 2022 has officially started. Already in January of this year CDP has released its 2022 questionnaire and reporting guidances for Forest, Water Security, and Climate Change. The updated scoring methodologies for all questionnaires, i.e. the exact information on how CDP scores each question, was released in March. As of…
The race to net zero is on! The overarching goal of COP26 was to limit global warming to 1.5 instead of 2 degrees Celsius. With the conference in Glasgow just ending last weekend – what are the most important take-aways? There has been progress in some singular areas as heads of state, policy-makers, and industry…
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…
for relevant greenhouse gas (GHG) emissions that are calculated on a scientific basis. Companies which aim to participate in the initiative are expected to set an ambitious target for reducing their GHG emissions which is in line with the 2°C target of the 2015 Paris Climate Agreement. But setting SBTs is not always an easy task, and many corporations fail at this hurdle.
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…
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…
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).…
Klimawandel – kein Nischenthema mehr! Aufgrund steigender staatlicher Regulierungen sehen sich Unternehmen und ihre gesamte Lieferkette zunehmend gefordert, ihre Klimaziele mit den 2015 im Rahmen des Paris Agreements (COP21) beschlossenen Zielen in Einklang zu bringen. Dabei wurde das Ziel vereinbart, die globale Erwärmung auf 1,5°C oder 2°C im Vergleich zu vorindustriellen Zeiten zu begrenzen (UN, 2021). Doch…
Science Based Targets (SBTs) are reduction targets calculated on a scientific basis to ensure global warming from the pre-industrial era is limited to well below 2°C, ideally 1.5°C. Developing SBTs and committing to the Science Based Targets initiative (SBTi) will allow companies to gain competitive advantages by reducing costs related to CO2 emissions and help score SBT points…
