Growing financial sector science-based targets

14th Feb 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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