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Tag: SBTi
The Science Based Targets initiative (SBTi) has opened consultation on its draft Power Sector Net-Zero Standard, inviting stakeholders across industry, finance, and policy to help shape the framework that will...
dsm-firmenich has met its goal of sourcing 100% of purchased electricity from renewable sources, completing the target months ahead of its 2025 deadline. The achievement is part of the company’s...
The Science Based Targets initiative (SBTi) is calling on automakers and auto parts manufacturers to join the pilot testing of its draft Automotive Sector Net-Zero Standard—a sector-specific framework to help...
The Science-Based Targets initiative (SBTi) reports a sharp rise in corporate climate ambition, with the number of companies committing to both near-term and net-zero science-based targets climbing 227% between the...
The Science Based Targets initiative (SBTi) has officially launched its Financial Institutions Net-Zero Standard, marking a major milestone in sustainable finance. For the first time, banks, asset managers, private equity...
Virgin Holdings Limited has received official validation from the Science Based Targets initiative (SBTi) for its net-zero targets, confirming its emissions pathway aligns with the 1.5°C climate goal. This marks...
The Science Based Targets initiative (SBTi) has launched a global pilot to test its draft Corporate Net-Zero Standard V2, calling on companies of all sizes and geographies to participate. The...
The Science Based Targets initiative (SBTi) has launched a public consultation on its draft Automotive Sector Net-Zero Standard, aiming to accelerate credible climate action in one of the world’s most...
Climate Impact Partners has submitted a formal response to the Science Based Targets initiative (SBTi), urging adjustments to the draft Corporate Net-Zero Standard (CNZS) Version 2.0 to better balance scientific...
PepsiCo has refined its environmental goals under its PepsiCo Positive (pep+) strategy, expanding regenerative agriculture targets and adjusting climate, water, and packaging commitments to improve impact and business resilience. The...
The Greenhouse Gas (GHG) Protocol has expanded its Independent Standards Board (ISB) by welcoming five major sustainability standard-setters as non-voting observers—CDP, EFRAG, GRI, ISSB, and SBTi. These entities influence or...
PAI Partners has secured Science Based Targets initiative (SBTi) validation for its firmwide decarbonization goals. This recognition supports the firm’s commitment to slashing emissions at both the General Partner (GP)...
Swiss pharmaceutical giant Roche announced its long-term and short-term greenhouse gas (GHG) reduction targets, validated by the Science Based Targets initiative (SBTi), aligning with the 1.5°C Paris Agreement goal. By...
The Science-Based Targets initiative (SBTi) has released a draft of its updated Corporate Net-Zero Standard, reaffirming a cautious stance on carbon credits while introducing practical measures for faster corporate decarbonization....
The Science Based Targets initiative (SBTi) has joined forces with Climate Action for Associations (CAFA) to fast-track corporate climate action across global trade associations. Leveraging SBTi’s expertise in setting science-backed...
The Science Based Targets initiative (SBTi) has released updated plans for its sectoral standards targeting the oil and gas, chemicals, and power industries—three of the largest global emitters. These updates...
Key Impact Points: The Science Based Targets initiative (SBTi) has launched a new website, www.sbtiservices.com, aimed at providing businesses and financial institutions with the resources and tools they need to...
On May 24th, 2024, a Bloomberg journalist contacted the SBTi with a series of questions in preparation for an article which it published on May 29th, 2024. Below is the...
In January 2024 the SBTi announced that work to revise its flagship Corporate Net-Zero Standard was a priority for 2024, and that this revision would include additional guidance on tackling...
The SBTi has released two new reports to support the design and implementation of beyond value chain mitigation (BVCM). The Science Based Targets initiative (SBTi), an international organization enabling ambitious...
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