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SBTI CORPORATE NET-ZERO STANDARD
SBTi Corporate Net-Zero Standard Version 1.0 October 2021 4 1 BACKGROUND TO THE NET-ZERO STANDARD The IPCC (2018), Special Report on Global Warming of 1.5°C (SR15), was widely accepted as a warning that we must limit global temperature rise to 1.5°C above pre-industrial levels and reach net-zero CO
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SBTi Criteria and Recommendations
sciencebasedtargets.orgTWG-INF-002 SBTi Criteria and Recommendations 2 3.0 SBTi Criteria and Recommendations Introduction All of the criteria listed below must be met in order for target(s) to be recognized as science-based by the
Target Validation Protocol - sciencebasedtargets.org
sciencebasedtargets.orgTWG-PRO-002 SBTi Target Validation Protocol 1.0 - 4 - 2. The SBTi and its target validation process 2.1. SBTi team structure The Science Based Targets initiative defines and promotes best practice in science-based target setting,
SBTi Criteria and Recommendations - Science Based Targets
sciencebasedtargets.orgThis document explains the criteria, which are requirements that companies must follow, and uses precise language to indicate require ments, recommendations, and allowable options that
APPAREL AND FOOTWEAR SECTOR
sciencebasedtargets.org2. Overview of the Apparel and Footwear Industry 12 2.1 Sector Economics 12 2.2 Key Trends 14 2.3 The Apparel and Footwear Value Chain 15 2.4 Value Chain Emissions 16 3. How to Set an SBT for Scope 1 and 2 Emissions 18 3.1 SBTi Criteria and Recommendations – Version 4.0 18
HOW COMPANIES ARE REDUCING EMISSIONS AT SCALE …
sciencebasedtargets.orgAs we move into this critical decade, tracking progress on emissions reductions is vital. Recommendations for reporting include disclosure through CDP, annual reports, sustainability reports and companies’ websites. Encouragingly, the vast majority of companies (87%) that have had science-based targets for over a year have publicly reported
Science Based Targets initiative Business Ambition for 1.5 ...
sciencebasedtargets.orgThe Business Ambition for 1.5°C campaign is the world’s largest and fastest -growing group of companies committed to taking urgent climate action aligned with 1.5°C and net-zero. The success of the campaign and the growing urgency for action as per the latest climate
RESPONDING TO THE CLIMATE CRISIS
sciencebasedtargets.orgBusiness Ambition for 1.5°C is an urgent call to action from a global coalition of UN agencies, businesses and industry leaders, in partnership with the Race to Zero. From 2019 to 2021, the Business Ambition for 1.5°C Commitment Letter offered two options on how to join, allowing for flexibility and recognizing differences between sectors.
The SBTi Net-Zero Corporate Manual
sciencebasedtargets.orgStandard is the first global science-based standard to guide companies in setting net-zero targets. The SBTi is undertaking a robust, inclusive, and transparent consultation with stakeholders from science, business and civil society to ensure that the SBTi’s Net-Zero Standard is the gold standard for science-based net-zero target setting.
TRANSPORT SCIENCE-BASED TARGET SETTING GUIDANCE
sciencebasedtargets.orgis a user’s general guidance on the transport categories included in the tool, the data to use in the target model-ing exercise and the output users can expect to obtain. Chapter 3 contains more specific guidance per end-user, divided into companies that own or control a fleet of ve-hicles, companies that manufacture new road vehicles,
SBTi Criteria and Recommendations
sciencebasedtargets.orgCriteria C14 — Approaches: Companies shall disclose whether they are using a location- or market-based approach as per the GHG Protocol Scope 2 Guidance to calculate base year emissions and to track performance against a science -based target. It is recommended that companies report scope 2 emissions in both approaches.
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