Measurement, reporting and verification (MRV)

About this work

The SBTi has enabled thousands of companies and financial institutions (FIs) to set climate targets and have these targets validated in line with science . It is now essential that these companies are held accountable for delivering on their ambitious emission reduction targets.

The SBTi is researching how companies achieve their targets, in order to determine the parameters that need to be considered for robust reporting and assessment of target progress and delivery, as well as for substantiating claims of target achievement.

This research will focus on two main areas:

  • Measurement and reporting of target progress: Dedicated to understanding how companies account for and disclose progress against targets in a robust, transparent and consistent manner. This involves identifying the key factors that need to be standardized to ensure consistency in the way companies measure and report progress against targets, considering decarbonization vis-a-vis other factors that lead to a change in estimated and reported emissions including structural, methodological or data variations.

  • Target performance: Dedicated to exploring the types of interventions that can enable entities to make credible decarbonization claims across different activities and emission sources.

It is important to note that this research is solely for investigative purposes. Any potential strategic decisions or changes to SBTi standards will be subject to thorough consideration, consultation and approval through the SBTi governance structures.