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Science-based targets

Science-based targets definition

Science-based targets (SBTs) are set by business to reduce greenhouse gas (GHG) emissions. They are defined as “science-based” when they are aligning with the latest climate science deems necessary to meet the Paris Agreement goals. That means that the targets are being calculated on a scientific basis to ensure global temperature increase is well-below 2°C compared to pre-industrial temperatures, pursuing efforts to limit warming to the ideal 1.5°C. 

SBTs provide business with a clearly defined pathway, supporting them in achieving asustainable transformational change to accelerate the transition to a low carbon economy in order to effectively counteract climate change.    

To guide companies to set SBTs, the Science-based Target Initiative outlined four incentives:  

  • drive innovation  
  • reduce regulatory uncertainty  
  • strengthen investor confidence and credibility  
  • improve profitability and competitiveness  

How does the process of setting SBTs works? 

When setting a SBT, it is important that the above mentioned requirements are fulfilled and the target is consistent with the goals signed in the Paris Agreement. Four steps must be completed until a SBT is finally set: 

  1. Commitment letter 

A commitment letter must be written and submitted. With this letter the company states that its emission reduction targets are aligned with the 1.5°C goal. When received, the company is added to the SBT website, partner CDP and We Mean Business sites and has 24 months to complete the remaining steps.  

  1. Developing and validating of targets 

The targets developed are required to be consistent with the SBT criteria and are reviewed and validated against them after submission. 

  1. Announcement of the targets  

Once approved, the company is in the need to announce and inform stakeholders about its commitment to the SBTs within six months’ time. 

  1.  Target updating  

Updating of targets is the last step when setting SBTs targets. It involves a steady tracking and reporting, including disclosures through CDP, annual reports, sustainability reports and the company website.  

FORLIANCE helps you to identify your science based targets

Science-based targets show companies how much and how quickly they need to reduce their greenhouse gas (GHG) emissions to prevent the worst effects of climate change. On the basis of your individual carbon footprint, we identify reduction potentials, design different emission scenarios, and develop a roadmap for reduction measures. All in line with established science-based targets, given such targets are defined for your company. 

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Uschi Dellian
Manager HR & Office