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Quick takeaways
- Science-Based Targets Initiative helps companies and financial institutions design verifiable and achievable climate targets based on emission reduction pathways produced by climate scientists.
- SBTI is transitioning from focusing on technical assistance and assessments to a standard-setting organization, with a focus on assessing progress and performance in addition to setting ambitious targets.
Deep dives
Understanding Science-Based Targets
Science-Based Targets (SBTs) ensure the ambition and integrity of climate targets set by companies and organizations. SBTs use emission reduction pathways produced by climate scientists to inform the level of reduction consistent with global climate goals. These targets consider different sector scenarios and the pace of transformation required across various systems. SBTI sets clear standards, including robust baselines and timeframes, to ensure absolute emissions reductions, inclusion of relevant sources (both direct and indirect), and alignment with the 1.5 degrees Celsius target of the Paris Agreement. This approach fosters environmental health and incentivizes transformation at an organizational and supply chain level.
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