Proposed SBTi changes could both ease and increase challenges for companies in accessing emissions reduction solutions
Almost 2.5 years after the Science-based Targets Initiative (SBTi) first introduced the concept of “Beyond Value Chain Mitigation” in its Corporate Net-Zero Standard, this week the prominent climate standards organization released its detailed Beyond Value Chain Mitigation guidance, totaling nearly 200 pages. To contribute to “Beyond Value Chain Mitigation” (BVCM), companies support efforts to reduce […]
An increasing number of companies are setting science-based targets using criteria set out in the Science-Based Targets initiative’s (SBTi) Net-Zero Corporate Standard. One criterion is that companies must set near-term targets on their path to net zero – and if scope 3 emissions make up 40% or more of a company’s total footprint, a near-term […]
The Science-Based Targets Initiative (SBTi) has recently released a package of consultation documents aimed at financial institutions, including the conceptual framework for the Net-Zero Standard for Financial Institutions (“FINZ”). The document is neither an exposure draft nor the final standard, but serves as an important milestone along the way to their expected publication in Q4 […]
The past few years have seen an unprecedented and ever-growing number of corporate commitments to combat climate change. Carbon credits represent one integral tool that companies with such goals can leverage to support their own claims and contribute to global climate change mitigation. As carbon credit-based claims have become more common, a jumble of terms […]
The world’s Forest, Land and Agriculture sector, known as FLAG, is responsible for around 22% of global greenhouse gas emissions. The Science Based Targets Initiative, or SBTi, has introduced specific FLAG guidance to address these emissions. This guidance requires SBTi committed companies to account for emissions from agriculture, forestry and land-related activities from their operations […]
On October 11, 2022, Terese Decker, Director, Energy & Climate Practice, discussed the growing urgency around corporations setting credible climate goals. She then takes us through the four steps your organization can follow to develop credible, actionable climate goals in this webinar: In Setting Corporate Climate Goals, Credibility is Key. Catch up on on the […]
The ongoing climate crisis is one of the greatest challenges of our times and the corporate call to action to set climate goals is at an all-time high. Limiting global warming to 1.5 degrees Celsius and avoiding the most catastrophic damage is essential, and corporations are the most influential players. However, public skepticism grows as […]
