We are excited to share with the LinkedIn community the remarkable work being carried out by the Science Based Targets Initiative (SBTi). SBTi, founded in 2015, is a collaborative effort of leading global organizations that empowers businesses to set ambitious, science-based targets to combat climate change and create a sustainable future.

SBTi provides a framework that enables organizations to align their emissions reduction targets with scientific knowledge and global climate goals. By setting science-based targets, companies can make a tangible impact by reducing greenhouse gas emissions in line with the level necessary to limit global warming to well below 2 degrees Celsius.

The benefits of embracing SBTi are manifold. First and foremost, it demonstrates a company’s commitment to environmental responsibility, enhancing its brand reputation and attractiveness to stakeholders. By aligning with the latest climate science, organizations are better equipped to adapt to changing regulations and policy frameworks, reducing their exposure to financial and operational risks. Furthermore, setting science-based targets drives innovation, spurring technological advancements and boosting competitiveness in the green economy.

 

SBTi offers a three-pillar approach to guide organizations in setting their targets.

• Focusing on scope 1 and 2 emissions. By reducing these emissions, companies demonstrate their dedication to minimizing their own carbon footprint.
• Addressing scope 3 (value chain) emissions. This aspect encourages companies to engage with suppliers and customers in achieving a more sustainable value chain, promoting collaboration and shared responsibility.
• Emphasizing on setting of long-term decarbonization targets, which are aligned with a trajectory that limits global warming to meet the objectives of the Paris Agreement. By establishing these targets, companies can proactively contribute to a low-carbon future and foster sustainable development.

 

Over 1,500 leading companies have already committed to setting science-based targets through SBTi. This remarkable momentum showcases the growing recognition that businesses play a crucial role in addressing climate change. By implementing science-based targets, companies across industries are leading the charge and driving the transformation towards a sustainable, resilient, and low-carbon future.

 

As Mundo Verde Climate, we are eager and ready to walk with you and shed light onto your way in the journey to a carbon-neutral economy. Together, we can make a difference and ensure a better world for current and future generations.