Growing financial sector science-based targets
14th Feb 2022
Nate Aden, the SBTi's financial sector lead, explains how we're supporting the sector to set science-based targets, and what is coming in 2022.
The financial sector plays an essential role in the transition to a low-carbon economy. That's why the SBTi began developing new methods and criteria to help financial institutions to set science-based targets on their investment and lending portfolios in 2018.
Nate Aden explains what the SBTi is doing to enable at least 150 financial institutions to have their science-based targets approved in 2022.
Join the world’s biggest companies by cutting your GHG emissions
Commit
Submit a letter establishing your intent to set a science-based target
Develop
Work on an emissions reduction target in line with the SBTi’s criteria
Submit
Present your target to the SBTi for official validation
Communicate
Announce your target and inform your stakeholders
Disclose
Report company-wide emissions and progress against targets on an annual basis
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