Companies should notify the SBTi of any significant changes in growth projections and other assumptions that were used in developing the target, as well as the business or data and emissions factors used in the inventory process.
We recommend that companies report these changes publicly, where relevant. In addition, we recommend that science-based targets are recalculated, as needed, to reflect significant changes that would compromise the relevance and consistency of the targets.
The following changes should trigger a target recalculation:
· Scope 3 emissions become 40% or more of aggregated Scopes 1, 2 and 3 emissions;
· Emissions of exclusions in the inventory or target boundary change significantly;
· Significant changes in company structure and activities (e.g. acquisitions, divestitures, mergers, insourcing or outsourcing, shifts in goods or service offerings);
· Significant adjustments to the base-year inventory or changes in data to set targets such as growth projections (e.g. discovery of significant errors or a number of cumulative errors that are collectively significant);
· Other significant changes to projections/assumptions used in setting the science-based targets.
For more information please see the SBTi Criteria section R12 – Target recalculation or the Target Validation Protocol section 7.