News

12 May 2022 Companies committed to cut emissions in line with climate science now represent $38 trillion of global economy A record number of companies are committing to and setting science-based climate targets, according to new research by the Science-Based Targets initiative (SBTi), the global body enabling businesses to set emissions reduction targets in line with science.

12 Apr 2022 Science Based Targets initiative launches net-zero finance standard development process with Foundations paper New Foundations Paper on Net-Zero for Financial Institutions tackles key issues for the sector, including defining net-zero, the use of offsets and fossil fuel phase-out.

23 Feb 2022 The SBTi appoints first CEO to spearhead exponential growth in corporate climate action The Science Based Targets initiative (SBTi), the global body enabling businesses to set emissions reduction targets in line with science, has appointed its first Chief Executive Officer (CEO) - Dr Luiz Fernando do Amaral.

10 Nov 2021 SBTi Launches New Foundations of Net-Zero for Financial Institutions Draft for Public Consultation As of November, 2021, financial institutions with over US$130 trillion in assets under management had committed to net-zero. This foundational framework represents the first step in defining net-zero for financial institutions.

10 Nov 2021 More than 1,000 companies commit to science-based emissions reductions in line with 1.5°C climate ambition The Science Based Targets initiative (SBTi) and the United Nations Global Compact today announced that more than 1,000 companies are setting 1.5°C-aligned science-based targets as part of a global campaign to rapidly scale corporate climate ambition.

08 Nov 2021 Six Private Equity Firms representing €133 bn AUM combat climate change with ambitious science based targets Financial institutions play a critical role in decarbonizing the economy and driving sustainable practices. To enable a wide adoption of science-based targets by private equity investors, the Science Based Target initiative (SBTi) has released a tailored guidance.