Paul Simpson working with SBTi to advance financial sector and scope 3 strategies

22nd Feb 2023

The Science Based Targets initiative (SBTi) is pleased to announce the appointment of Paul Simpson as a Strategic Advisor.

Paul is a prominent thought leader on climate change and the transition to a net-zero economy. As co-founder and former CEO of CDP – one of the SBTi’s partner organizations – Paul pioneered climate and environmental disclosure globally. He served on the SBTi’s board until 2022.

As Strategic Advisor, Paul will focus on developing strategies for the next phase of SBTi’s development. This includes its work with financial institutions and scope 3 targets.

Commenting on the appointment, SBTi CEO, Luiz Amaral, said:

“Demand for science-based targets from businesses and financial institutions worldwide continues to grow. But to avoid catastrophic climate change, science-aligned corporate climate action must become as widespread and impactful as possible – across all sectors of the economy.

“As one of the world’s foremost leaders, thinkers and innovators in this field, Paul has already made a huge contribution in tackling the climate emergency. His deep understanding of the SBTi, coupled with knowledge of the interplay of the global economy, climate and the environment, will help ensure the SBTi continues to accelerate the impact we’re already driving in the private sector.”

Paul Simpson said:

“We need every company and financial institution to achieve net-zero as quickly as possible and SBTi has become the gold standard for science-based emissions reduction targets. I am delighted to be able to help SBTi advance these goals in this next phase of its development.”

In addition to his SBTi role, Paul is currently an Ambassador and Special Advisor to the CEO of CDP, Senior Advisor to the Jeremy Coller Foundation, Member of the EdenTree Responsible Investment Advisory Panel and an Advisory Board member to the Trusted Executive.

Previously, Paul was on the boards of We Mean Business, The Investor Agenda, the Climate Disclosure Standards Board (now part of the International Sustainability Standards Board), and EIRIS (now part of Moody's). Paul has also been a member of the Global Agenda Council on Measuring Sustainability at the World Economic Forum.

As part of its continued work to strengthen its capacity and expertise, the SBTi will announce further appointments in the coming months – including to its Executive Board, leadership team and Technical Council. For updates, sign up to our newsletter or follow us on LinkedIn and Twitter.