Science Based Target initiative (SBTi)
Proposed code allows for use of carbon credits to address Scope 3 emissions
The Environmental Defense Fund and the We Mean Business Coalition were among the organizations backing the Scope 3 Action Code of Practice from the Voluntary Carbon Markets Integrity Initiative. Read More
SBTi wants more small companies to set net-zero goals. Here’s how it’s wooing them
Proposed changes to corporate standard are also designed to bring more midsize firms into the fold. Read More
New SBTi CEO urges companies to step up action on net zero
Former EY partner David Kennedy calls for more “partnership” with corporations as the nonprofit finalizes a major revision to the Corporate Net Zero Standard. Read More
Target-setting overhaul offers more options for reducing Scope 3 emissions
The SBTi has listened to companies that have long lobbied for more flexibility in dealing with this difficult challenge. Read More
SBTi proposes more flexibility in 132-page net-zero overhaul
Window is now open for corporations, NGOs, regulators and others to offer feedback on “initial consultation” draft Corporate Net Zero 2.0. Read More
SBTi delays new corporate net-zero update again
The Science Based Targets initiative will gather critique in an online survey and through five working groups. Read More
Coca-Cola’s confusing emissions claims draw fire
Inconsistent and confusing public disclosures muddle attempts to assess corporate ambitions on climate. Read More
Carbon markets look to put a turbulent 2024 behind with signs pointing to an uptick
Action by governments and others give carbon market advocates hope that a corner has been turned. Read More
Science Based Targets initiative CEO resigns, citing personal reasons
Luiz Amaral’s resignation is the latest development in a challenging time for the validation organization. Read More
What corporate finance teams should know about SBTi’s new financial sector guidance
Updates for banks and other institutions setting science-based targets for emissions reductions take effect Nov. 30. Read More