The SBTi has developed guidance to support the BVCM recommendation in the Corporate Net-Zero Standard and explore potential incentives for BVCM.

The SBTi’s Target Dashboard lists companies and financial institutions that have set science-based targets, or have committed to developing targets.

The SBTi, with support from WWF, developed the SBTi FLAG Project to address an important methodology gap. This effort was focused on the development of methods and guidance to enable companies within the food, agriculture, and forest sectors to set science-based targets that include land-related emissions and removals.

Owners and operators of hypermarkets and super centers selling food and a wide-range of consumer staple products. Owners and operators of primarily drug retail stores and pharmacies.

DISCLAIMER Althoughreasonablecarewastakeninthepreparationofthisdocument,theScienceBased Targetsinitiative(SBTi)affirmsthatthedocumentisprovidedwithoutwarranty,either

Jan 7, 2025 · The Science Based Targets initiative (SBTi) announces the appointment of David Kennedy as its new CEO, following an extensive, competitive global recruitment process.

The SBTi defines and promotes best practice in science-based target setting. Offering a range of target-setting resources and guidance, the SBTi independently assesses and approves companies’ targets in line with its strict criteria. Companies report that adopting a science-based target: Boosts profitability; Improves investor confidence

The SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.

The SBTi strongly recommends that companies review Table 1 in the Target Validation Protocol for Near-term Targets that further details SBTi criteria for Near-term Targets compliance and non-compliance before commencing target development.

SBTi Net-Zero Standard and for long-term targets (20+ years), requirements are increased such that companies need to cover 90% of scope 3 emissions, in recognition of the need to reduce all emissions in order to have a credible net-zero target.