February 1, 2024 • Elena Cernov

The land sector could contribute up to 37% of all emissions reductions and removals needed through 2030. To accelerate that mitigation and stimulate climate action in the private sector, the Science Based Target initiative (SBTi) released guidance for how corporations that have Forest Land and Agriculture (FLAG) designated sectors in their value chain can reduce […]

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May 19, 2023 • 3Degrees Staff

From April 2023 onward, any organization setting emission reduction targets in line with the SBTi framework must set a Forest, Land and Agriculture (FLAG) Science-Based Target to comply with SBTi’s new FLAG guidance, with special requirements for companies that have considerable emissions from FLAG activities. Companies will need to review the crucial pieces of information […]

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GHG accounting and target setting for the financial sector
February 14, 2023 • Katherine Markova

Greenhouse gas accounting, reporting, and target-setting: Current state of play for the financial sector For many years now investors have been requesting information on climate-related governance and risks from their investees, through means such as the CDP questionnaire. More recently, financial institutions – and their emissions, climate commitments, and performance – have started coming under […]

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January 5, 2023 • Elena Cernov

The world’s Forest, Land and Agriculture (FLAG) sector is responsible for approximately 25% of net anthropogenic emissions globally, but it also has the potential to absorb a significant amount of existing emissions from the atmosphere. To address this gap in emissions accounting and reduction, the Science Based Target initiative (SBTi) introduced new FLAG guidance that […]

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