What are science-based targets?

How are they science based?

Targets are considered ‘science-based’ if they are in line with what the latest climate science deems necessary to meet the goals of the Paris Agreement – limiting global warming to 1.5°C above pre-industrial levels.

Why should businesses set science-based targets?

Reducing GHG emissions in line with climate science is good for the planet and for companies.

Science-based target setting makes business sense – it future-proofs growth, saves money, provides resilience against regulation, boosts investor confidence, spurs innovation and competitiveness – while also demonstrating concrete sustainability commitments to increasingly-conscious consumers.

Companies going through the target validation process benefit from detailed feedback and support from the SBTi’s technical experts. Businesses who sign the SBTi commitment letter are immediately recognized as “Committed” on our website, as well as the CDP, UN Global Compact and We Mean Business websites.

Who can set a science-based target?

We encourage companies of all sizes and across all sectors worldwide, including financial institutions, to set science-based targets. Recognizing the unique challenges of different industries, we have developed sector-specific pathways to guide action - and are working on more sector guidance everyday. The SBTi particularly welcomes companies in high-emitting sectors, as they play a critical role in the transition to a zero-carbon economy.
Currently, the SBTi does not assess targets for cities, local governments, public sector institutions, educational organizations, or non-profits. However, relevant entities interested in setting science-based targets can register through the Science Based Targets Network.

How can companies set a science-based target?

For more information on the target setting process, please visit the SBTi Services website.

EDP is joining the global movement of companies committed to aligning their business with the most ambitious target of the Paris Agreement to limit the global average temperature increase to 1.5ºC above pre-industrial levels. António Castro head of EDP’s Corporate Sustainability Department

Testimonials

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In 2017, we became the first company globally to set new, science-based targets in line with the 1.5 degree trajectory recommended in the Paris Climate Accord. Jason Tarry Tesco UK and ROI CEO