Science Based Targets - What, why and how?

Posted by Louisa O’Connell on 20-Jun-2018 15:13:29

In the latest news from the movement for science-based targets, the Science Based Target Initiative (SBTi) have launched a new service for target validation, which will be available from 31st August this year. The service has been designed to increase the speed of validation (within 20 business days) and provide businesses with more in-depth feedback from target reviewers.

The new service will be subject to a cost of USD 5,000 per submission (includes up to two target assessments). Although the existing free service will continue to be available until the end of the year, please note that from 2019 this will be discontinued and the new cost and service will apply to any submissions to the SBTi.

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Topics: Science based targets, SBTi, emissions targets

Behind the scenes of the science-based target movement

Posted by David Keddie on 08-May-2018 10:47:05

The corporate momentum behind setting meaningful Science Based Targets (SBTs) on carbon reductions is building with the total count of companies that have either publicly committed to or set SBTs now sitting at a healthy and ever-increasing total of 406 organisations. It is great to see progress being made recently, including many large players such as AB InBev, McDonald’s, Ericsson and Suez having had their SBTs formally set and approved by the Science Based Targets Initiative (SBTi) in the first quarter of 2018 alone.

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Topics: Science based targets, SBTi, emissions targets, paris agreement, Scope 3

TCFD and CDP: 10 Questions Answered

Posted by Lucy Haines on 30-Apr-2018 11:37:43

In April we hosted a webinar about the TCFD recommendations, specifically how they will impact CDP disclosures this year.

Here we look at some of the questions that were asked during the webinar to give you an insight into how to maximise your disclosure this year and in the future

You’ll find the full webinar broadcast here too.

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Topics: TCFD, Science based targets, Taskforce on Climate-Related Financial Disclosures, CDP, Sustainability Reporting

Connecting the SBTi with the TCFD

Posted by Marientina Laina on 30-Apr-2018 11:29:17

SBT and TCFD are two acronyms that are here to stay. The new buzz words in sustainability, they are Science-Based Targets and the Task Force on Climate-related Financial Disclosures respectively. Here we explore how these two growing initiatives are connected and what this means in practical terms for businesses and investors.

The SBT initiative (SBTi) was established by the World Resources Institute (WRI), CDP, the World Wide Fund for Nature (WWF) and the UN Global Compact (UNGC). It asks companies to publicly commit to setting carbon emission reduction targets that are in line with climate science. So far, 390 companies across different sectors have committed to do so and over one hundred companies already have their targets validated by the SBTi.

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Topics: Taskforce on Climate-Related Financial Disclosures, Science based targets

A sustainable maritime industry in a 2°C scenario - has the ship already sailed?

Posted by Joe Beviss on 05-Apr-2018 10:39:02

Shipping has long been a fundamental enabler of trade, although its important role may go unnoticed. Think about where the clothes you are wearing were made and how they arrived here. What about your phone? How did its components all come together to reach your hand right now? It's very likely that shipping played a role in both examples. How is this all made possible?

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Topics: Science based targets, Shipping, Sustainable Development Goals, emissions

4 things to consider before setting a science based target

Posted by Laurie Edwards on 18-May-2017 10:37:23

Science Based Targets (SBTs) are fast becoming the only realistic method to fulfil the global ambition to limit catastrophic climate change.

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Topics: Science based targets

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