Science-based targets are undeniably good for the planet. But a new survey* of SBTi companies confirms that science-based targets are good for business, too. Here are six benefits a company can expect to see from setting a science-based target:
The only way an oil and gas company can align with 2 degrees Celsius scenarios without reducing the emissions intensity of its energy products is by declining the production of its energy products.
More than 300 global companies have now committed to set emissions reduction targets through the Science Based Targets initiative.
Only a handful of companies are setting emission reduction targets in line with what climate scientists say is necessary – that must change.